Send A Ball Shark Tank Net Worth 2023
Kapustka and Moroko, two entrepreneurs with a business idea to expand the gift-giving services industry, have approached the Shark Tank with an offer of $86,000 for a 20% share in their business venture Send a Ball. To make this come alive, they have indicated that this values their company at $430,000.
This is an exciting opportunity for the Sharks to invest into what could become a major success story. With Kapustka and Moroko’s ambitious enthusiasm and fresh entrepreneurial spirit, there is genuine potential for both parties to benefit from this deal.
What is Send A Ball?
Send A Ball is an online greeting card company that specializes in sending fully inflated vinyl play balls as a unique and fun way to send personalized messages.
Instead of using traditional packaging materials such as boxes, packing materials, or bubble wrap, Send A Ball simply prints the address and postage of the recipient directly onto one side of the ball.
On the other side of the ball, Send A Ball includes one of their signature “pun” slogans to add some humor and personality to the gift. Customers can choose from a variety of vibrant bouncing balls that can be customized with their own personalized messages.
Send A Ball was founded by two sisters, Michele Kapustka and Melisa Moroko, both from Chicago. The two had been sending bouncy balls as gifts since the 1990s, but it wasn’t until 2003 that they turned their hobby into a business.
After a disastrous trip to the post office, where Kapustka saw a rubber ball in a discount store and decided it would be the perfect gift for a sick friend, the concept for Send A Ball was born. A man in line at the post office even offered to pay her to mail him a ball, which inspired Kapustka to collaborate with her sister on creating a one-of-a-kind mail-order business.
Today, Melisa and Michele remain the proprietors of Send A Ball, with Michele serving as the Chief Ball Handler. Their unique and playful approach to greeting cards has made Send A Ball a hit with customers looking for a fun and memorable way to send messages to their loved ones.
What happen to Send A Ball at the Shark Tank Pitch?
Kapustka and Moroko enter the Shark Tank and propose investing $86,000 for a 20% stake in Send a Ball, which indicates a valuation of $430,000.
The sisters explain that they need specialized equipment to meet the increasing demand for personalized balls with messages such as “Have a ball on your birthday!” and “Return soon!” The balls are shipped with the recipient’s address and stamps attached, eliminating packing fees. Customers often order more within 48 hours.
Since the company’s inception, the sisters have quadrupled their orders annually. When asked about the $86,000 figure, Kapustka explains that it’s based on the cost of in-house ball production equipment.
Kapustka notes that the profit margin is $15 on every $20 transaction, which impresses Kevin O’Leary. However, Kevin decides not to invest, and Kevin Harrington and Daymond John also decline. Robert Herjavec praises the sisters’ presentation but opts not to invest.
Barbara Corcoran is undecided but ultimately decides not to invest. The sisters leave the Tank without securing a deal, as they value the Sharks’ skills over the investment itself.
Send A Ball after the Shark Tank Pitch
Even though the Send a Ball sisters didn’t secure a Sharks investment, they have persevered and continued to grow their business. The exposure they received from appearing on the show led to an increase in sales and helped them expand their operations.
Despite facing competition from imitators, Send a Ball remains unique as the first business to establish itself in this niche market, which has contributed to their success.
They have applied for a patent, as mentioned on their website. The Send a Ball story is a testament to the fact that it is possible to bounce back from a Shark Tank rejection.
As of July 2021, their business has become profitable and generates $1 million in annual sales.
Send A Ball Net Worth
Kapustka and Moroko approach the Shark Tank with an offer of $86,000 for a 20% share in Send a Ball. This indicates a $430,000 value.
Send A Ball Competitors
Unknown.
Send A Ball FAQS
Are they able to choose a colour?
At times, they incorporate a few more hues. Simply send them an email to find out what they have.
How do they ship?
The balls are supplied fully inflated using standard United States Postal Service First Class Mail. Hand-addressed, stamped, and shipped balls. Not packaged in a box, without bubble wrap, string, or tape. Simply the ball.
How long does it take?
Approximately one week. Orders are typically sent the following business day and take between 4 and 9 business days to arrive.
Delivery is location-dependent. They ship out of Chicago.
Occasionally, the Postal Service is not as efficient as they would like, and they must exercise patience.
International orders typically take between 2-3 weeks to process.
Can it fit in a mailbox?
No. They’ve distributed balls to various types of buildings and mailboxes worldwide over the last decade.
The balls are classified as a ‘PACKAGE,’ which means the post office will find a method to get them to them.
Can they ship to a P.O. Box?
Yes, the post office will place a note in the box and the individual will be responsible for arranging to pick it up from the window, just as they would with a package.
What if the ball arrived deflated or popped?
Extremely uncommon, but not impossible. The post office has been instructed to return the ball to them if it becomes deflated or popped, and they will promptly issue them a replacement.
However, if a ball does come deflated or popped, please email OR Call them and they will send they a replacement. They have transported hundreds of balls; this is an EXTREMELY RARE FIND.
What does the post office think?
The post office is a huge fan of Send A Ball. They even placed them on the front cover of their quarterly newsletter, the Great Lakes Quarterly.
Usually, the courier has as much fun delivering this strange surprise as the receiver does receiving it. They believe that because around 15% of their clients are postal workers, they enjoy it.
Can they send a ball out of the country?
Yes, it is an additional $3 and takes around 2 to 3 weeks.
Can they ship to College?
Yes, indeed! And what a lot of fun it is! Typically, they leave a letter in the mailbox instructing the student to get a parcel from the window, which is then thrown at them.
Can they rush an order?
Regrettably, they are unable to provide expedited service at this time.
What is the email for Send A Ball?
What happened to Send A ball?
Shark expressed some interest in the venture. Barbara Corcoran, who supported the concept but thought they did not require assistance from the Sharks.
She finally chose not to invest, and the sisters of Send a Ball exited the Tank without a deal.
How Send A Ball does makes money?
Each ball is sold for $20, and Send A Ball earns $15 per transaction.
Are the Send A ball still in business?
Yes. It appears to be going strong, with a revenue of just one million dollars per year.
Is Send A Ball a good idea?
Because of the ball’s aesthetic, it is more than just a gift; it is an experience.
The sisters have found that the more creative someone is in using the ball, the more fun they have with it.
This encourages repeat business and creates new customers. The Send a Ball sisters have proven that there is a market for this idea.
How much is Send A Ball?
Send A Ball is an all-inclusive $20, which includes delivery within the contiguous United
Is this a secure site?
Yes. Their orders are processed via Authorize.net, which was suggested to them particularly by VISA/MASTER CARD as a safe website for small businesses.
Send A Ball does not have access to their payment card data.
