The Bouqs Company

the bouqs companyEntrepreneur and UCLA MBA John Tabis hopes The Bouqs Company, his online flower sales business, gets an investment from the Sharks in episode 526 on May 2. What The Bouqs Company does is simplify buying flowers online. As Tabis says, “buying flowers online sucks.” The Bouqs Company makes it suck less by charging a $40 flat fee for all bouquets with no added delivery charges or up-sell. The flowers are cut fresh the day they're ordered and shipped.

The real hook is The Bouqs Company sources and ships all its flowers from sustainable Ecuadorian farms that happen to reside on a live volcano! The source to consumer model saves storage, energy, and waste costs and the sustainable farming appeals to people's “green sensibilities.” Bouqs is about two years old, but they got $1.1 million in venture capital funding last July.

In addition to the flat-fee pricing structure, The Bouqs Company offers subscription based services that deliver flowers monthly or on designated “special occasions.” You'll never have to worry about missing an anniversary or birthday with that service! They likely want a Shark to help them with a cash infusion. Tune in on April 4 to see if Bouqs gets a deal.

The Bouqs Company Shark Tank Recap

John will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Lori Grenier, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he'll need to show them HE is capable of running the company to “Shark standards.” A full pitch re-cap on Bouqs will be available on Shark Tank Blog once this episode airs.

The Bouqs Company Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Since airing, Bouqs has MILLIONS in sales. They updated their website and added a California based grower to meet the demand for “overnight” flowers – which can't get done from the Ecuadorian farm.

In 2015, their volcano erupted, causing some disruption to the business, but they were back up and running within a week. The company also signed a deal with Trium Entertainment to make a pilot about their business and highlight their eco-minded business plan. The show is still in development.

In April, 2016, Bouqs founder John Tabis got a call from Robert Herjavec. Robert wanted John's company to do the flowers for his wedding. After the July 31, 2016 event, Robert invested in Bouqs. As Tabis said: “he had the opportunity to see how the sausage is made, how the business works, and that's what got him excited about becoming an investor.”

In episode 918, we'll see how Robert got involved in an update segment.

Posts About The Bouqs Company on Shark Tank Blog

Bouqs Review

Bouqs Volcanic Flowers

The Bouqs Company Information





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