What Happened to Joyce’s LuLu Bang after Shark Tank? Joyce’s LuLu Bang Shark Tank Update
What is Joyce’s LuLu Bang?
Joyce’s LuLu Bang is a line of BBQ and marinade sauces made by sisters Jorrae and Kelly Beard from Philadelphia. It features four flavors: BBQ Fusion, Asian Persuasion, Bourbon Marinade, and It’s Just HOT.
The ingredients include Tomato Concentrate, High Fructose Corn Syrup, Vinegar, Salt, Spices, Caramel Color, Citric Acid, Hydrolyzed Vegetable Protein, Potassium Sorbate, Xanthan Gum, Natural and Artificial Flavors, Water, Natural Hickory Smoke Concentrate, and Cayenne Pepper.
Who is the founder of Joyce’s LuLu Bang?
Jorrae and Kelly Beard founded Joyce’s LuLu Bang in 2012 after Jorrae, frustrated with the lack of flavorful sauce options, decided to create her own recipe inspired by their mother’s Sunday dinners.
The company’s signature sauce is Lulu Bang Barbecue Sauce, with additional options such as Asian Persuasion, It’s Just Hot, and Bourbon Marinade, sold at a cost of $7.99 per jar.
The sauces are available online, at ShopRite locations in the Philadelphia area, and at over 250 Wal-Mart locations across the country.
The company’s success led to them being accepted into Wal-Mart as a result of their participation in the “Made in the USA” Open Call and United States Manufacturing Summit in 2015. They are currently expanding to more locations.
What Happened to Joyce’s LuLu Bang at Shark Tank pitch?
Ashley, Kelly, and Jorrae, the founders of LuLu Bang, a line of barbecue and other sauces, appeared on Shark Tank episode 805 to seek assistance in managing their expansion.
They were looking for $150,000 in exchange for a 10% stake in their firm, which was valued at $1.5 million. The Sharks found their double entendres amusing, but were ultimately not interested in investing.
They were impressed by the fact that LuLu Bang’s sauces were sold in 170 Walmart locations, but had concerns about distribution in such a competitive market.
Kevin, Daymond, Robert and Lori all opted out, while Mark congratulated them on their successes but saw no opportunity for an investor.
The founders left the pitch without a deal.
What Happened to Joyce’s LuLu Bang after Shark Tank?
Although the pitch did not result in a deal, the company experienced a significant increase in sales, earning $60,000 more in the three days following the initial air date than in the previous three months.
They expanded their reach by becoming available in Wal Mart locations in multiple states and Shop Rite locations in two states. They also continue to sell on their own website.
As of February 2022, the company is still in operation.
Competitors of Joyce’s LuLu Bang
Joyce’s LuLu Bang is one of many brands in the BBQ and marinade sauce market, competing with others such as Kentucky Pride Barbecue Sauce, TJ’s Sweet ‘N Hot and Tzavos Tsavo BBQ Sauce.
Net Worth of Joyce’s LuLu Bang
The company was valued at $1.5 million during and after the pitch, but since then the company has remained operational and therefore its net worth may have increased beyond that initial valuation.
Joyce’s LuLu Bang FAQs
What is Joyce’s LuLu Bang?
Joyce’s LuLu Bang is a BBQ sauce that “bangs” anything it is applied to. They believe that food tastes better with sauce, and they are not ashamed to admit it.
Who founded Joyce’s LuLu Bang?
Joyce’s LuLu Bang was founded by sisters Jorrae Beard and Kelly Beard.
How much were they seeking on Sharks Tank?
They were seeking for $150,000 for 10% equity of their company.
Did they have the deal?
No, they did not have the deal during the pitch.
Is Joyce’s LuLu Bang still in business?
Yes, they are in business and operating as of February 2022.
What makes Joyce’s LuLu Bang Great?
They have a patented process that allows for the sauce to remain consistent regardless of where it is shipped. The consistency is critical for their target market, which includes Walmart and other significant store players.
Where can you buy Joyce’s LuLu Bang?
Joyce’s LuLu Bang is available at ShopRite and Walmart locations. It is also available on their website. Customers can find their products in 170 Walmart locations, as well as ShopRite supermarkets in New Jersey and Pennsylvania.
How many flavors are in Joyce’s LuLu Bang?
Joyce’s LuLu Bang is available in four flavors: BBQ Fusion, Asian Persuasion, Bourbon Marinade, and It’s Just HOT.
Is Joyce’s LuLu Bang good for health?
Joyce’s LuLu Bang contains 100% all natural ingredients and is gluten free, fat free, honey free and contain no trans-fat.
Can you substitute Joyce’s LuLu Bang for other BBQ sauces?
No, customers can’t substitute a similar type of BBQ sauce. The consistency and flavor are very different as compared to other brands.
Is Joyce’s LuLu Bang free from Koshers?
No, they are not free from Koshers, but they are free from nuts, gluten and trans-fat.
Is Joyce’s LuLu Bang shipping?
Yes, Joyce’s LuLu Bang ship within the US only.
How can I buy Joyce’s LuLu Bang?
Customers can order Joyce’s LuLu Bang through their website (www.JoycesLuLuBang.com).
How is Joyce’s LuLu Bang different than Qdoba?
Joyce’s LuLu Bang has its own unique flavor and consistency, even though they are classified in the same category as Qdoba.
How long does Joyce’s LuLu Bang take to deliver the order?
It takes up to 3 weeks from the date of purchase.
Is Joyce’s LuLu Bang expiring?
No, Joyce’s LuLu Bang is not expiring.
Can I freeze Joyce’s LuLu Bang?
Yes, customers can freeze Joyce’s LuLu Bang after they open the jar or bottle.
How much should I allocate for Joyce’s LuLu Bang?
Joyce’s LuLu Bang is best to be used on meat and vegetables. Customers can use up to half a jar.
Does Joyce’s LuLu Bang work with chicken?
Yes, it works well with chicken and beef as well as other food prepared in the oven or grilled. However, it does not work on cauliflower and broccoli.
How do I pay for Joyce’s LuLu Bang?
There are several payment methods available for Joyce’s LuLu Bang. The different payment methods include credit card, PayPal, Amazon Payments and checking account.
Is Joyce’s LuLu Bang family friendly?
Yes, it is family friendly as it is made of all natural ingredients.
Are Joyce’s LuLu Bang bottles recyclable?
They are partially recyclable, but the label is not eco-friendly. Most of their bottles are recycled, but they are not 100% recyclable.
What is the net worth of Jorrae Beard?
The net worth of Jorrae Beard is unknown.
What is the net worth of Kelly Beard?
The net worth of Kelly Beard is unknown.
