Puppy Cake Shark Tank Update | Puppy Cake after Shark Tank
What is Puppy Cake?
Puppy Cake is a firm that sells cake mix (and icing) for dogs. Human cake is bad for canines’ digestive processes. However, this does not imply that the puppies dislike the flavors that adults like.
Puppy Cake mix is available in a number of flavors such as Peanut Butter, Red Velvet, and Banana.
Puppy Cake mix is available in a number of flavors, including Peanut Butter, Red Velvet, and Banana. Kelly Costello of Pittsburgh, Pennsylvania, is the creator of Puppy Cake.
She adores dogs and has a keen interest in manufacturing. She oversees all Puppy Cake product manufacturing to assure product safety and quality.
They only manufacture things that they would eat and treats that are of high quality and safety.
Who is the founder of Puppy Cake?
Kelly Costello of Pittsburgh, PA, is the founder of Puppy Cake. Kelly grew up in western Pennsylvania and graduated from Grove City College in 2006 with a BS in International Business and a Minor in French.
She began her career at News America Marketing after graduating from college and was bitten by the entrepreneurial bug.
Puppy Cake was produced within a year of graduating from college. It took her longer than intended to build the firm to its current size, but there were many valuable lessons gained along the way.
Kelly frequently gives public speeches or provides individual coaching to aspiring entrepreneurs in order to assist them realize their objectives and goals.
Kelly now resides in Evans City with her husband, Blake, five rescue dogs, and two three-legged rescue cats.
Kelly Chaney discusses her concept for Puppy Cake, a product that allows pet owners to deliver baked treats for their favorite canines that include components that are gentle on a doggy’s sensitive digestive tract.
She got the idea after watching a colleague’s baked goods advertisements and thinking about how much her own spoiled pup would love a sweet treat now and again.
She researched canine nutrition and created a variety of flavors of mix-and-bake dog treat mixtures. The items are comparable to human cake mixes.
The pet owner just adds eggs, oil, and water to the goodies and bakes or microwaves them.
What Happened to Puppy Cake at Shark Tank pitch?
Chaney decided to approach the Shark Tank investors for a partnership and assistance with product marketing and distribution. Chaney is looking for a $50,000 investment and is providing a 25% stake in her company for a $200,000 value.
She takes her own dog, Minnie, to show how much the good is enjoyed by dogs. Robert Herjavec is curious as to why pet owners can’t simply buy a standard cake mix.
Chaney notes that her Puppy Cakes are specifically meant to be gentle on the pets’ stomachs.
Kevin O’Leary cuts to the point, inquiring about sales. Chaney has sold $80,000 in goods in four years. It’s not enough to pique the Sharks’ curiosity.
Sales have been consistent but not particularly outstanding. Lori Greiner is curious about how she promotes the Puppy Cake brand. The treat mixtures are available in 150 retail locations as well as online. Chaney has a good market position, but is it strong enough to compensate for the poor sales figures?
“What proportion of the people is going to say, Honey, let’s not prepare supper for the kids?” Kevin O’Leary wonders. Let’s build something for the dog!” If Chaney is to negotiate a deal, she must persuade the Sharks that her product has a strong market.
She answers to Kevin O’Leary’s critique with compelling statistics, such as the number of dog owners who celebrate their dog’s birthday.
Mark Cuban wants to know why her company hasn’t expanded in the last four years. Chaney argues that she believes her lack of contacts and sales skills is holding her company back.
Robert Herjavec believes the products is innovative and exit from the deal. Kevin O’Leary sees little profit possibilities and tells her to end this foolishness. He’s departs. Lori Greiner says the market is oversaturated.
She feels Chaney need a whole range of gourmet products in order for dogs to be successful. She’s left from the deal.
Mark Cuban feels she has a solid product, but he tells her that she didn’t feel like her back was against the wall enough to break past personal obstacles, and he can’t fathom signing a check for someone who looks for excuses instead of opportunities. He’s departed.
There is only one Shark remain. Daymond John isn’t a big enough dog fan to care about the product. Chaney exits the Tank without a deal when the last Shark exits.
What Happened to Puppy Cake after Shark Tank?
Chaney left Shark Tank without a deal, but with a fresh perspective on her company. She stated in her departure interview that she appreciated the Sharks pointing out her flaws and that she needed to keep pushing forward in order for her firm to succeed.
She seemed to have kept faithful to her vision. Her website is still up and running and she appears to have heeded Greiner’s advice.
Following his appearance on Shark Tank, Chaney was able to get a license arrangement with Uncle Jimmy’s Brand Products.
She’s added a few unique items to her range, such as Hoggin Dogs ice cream, and sales are increasing.
In November 2021, the company’s goods were available in hundreds of independent pet retailers as well as on Amazon. The company has annual revenue of $1 million.
Who are the Competitors of Puppy Cake?
The two primary competitors for Puppy Cake are Sweet Pet Treats and Buddy Biscuits.
Net Worth of Puppy Cake
The company was valued at $200,000 during the pitch, since then the company has been selling with annual revenue of $1 million in 2021, hence shows that the net worth of the firm had increased.
Puppy Cake FAQs
What is Puppy Cake?
Puppy Cake is a treat that consists of an all-natural cake mix. It contains no artificial flavors, preservatives, or other undesirable ingredients.
Who is the founder?
Kelly Chaney is the founder and the manufacturer of Puppy Cake.
How much was asking on Shark Tank?
She wanted a $50,000 investment for 25% equity.
Did she get the deal?
No, she did not get the deal.
Is Puppy Cake still in business?
Yes, Puppy Cake is still in business.
What did she do next?
She kept pushing forward for her firm to be successful in order for her to see a profit.
What’s the market size of the company?
The market size of the company is $1 million
How many employees does it have?
The company has over 20 employees.
What is Puppy Cake business model?
The company sells the cake mixes to dog owners just like cake mixes for humans. All they need is to add eggs, oil, and water to the mixes and bake them off.
How did Kelly Chaney come up with the business idea?
She has a small dog herself and wondered if she could make something that would be healthy for dogs but still tasted good.
What does Puppy Cake do?
Manufacturing and selling of special treats for dogs. It gives rich, chocolaty taste that helps to maintain healthy teeth and a happy temperament.
It comes in a variety of flavors, such as peanut butter cup, chocolate peanut butter, pumpkin cream cheese muffin, carrot cake, zucchini bread and more.
Is Puppy Cake safe?
Yes, the treats are safe for dogs. They contain no artificial flavors or preservatives, and they come in a variety of flavors that dogs love such as chocolate peanut butter, carrot cake, pumpkin cream cheese muffin and more.
Can I give my puppy a cupcake?
Most dogs will be alright with a modest taste of a cupcake that does not include “toxic” components.
One might only want to keep an eye on the dog for a few minutes to make sure he isn’t having any negative responses. Some dogs may be a little too goofy and consume the cupcake wrapper.
What is the net worth of Kelly Chaney?
She has an estimated net worth of $100,000.