Zipz wine shark tank

Andrew Zipz wine shark tank sought to bring a new experience for wine connoisseurs everywhere with his concept for Zipz Wine, which, as he explained on "Shark Tank," involves prepackaged wine available in a plastic container with a sleek look and feel reminiscent of a true wine glass. Each glass comes with a removable lid that could be attached to the bottom and used as a coaster.

These days, we know that canned wine is ideal for tailgates , barbecues, and other al fresco parties. In part, as with boxed wines, that was due to a perception of their poor shelf life compared with traditional bottles. Offering a choice of Chardonnay, Pinot Grigio, Cabernet Sauvignon, and Merlot wines, Zipz Wine came in an individual wine glass made from plastic, with shrink-wrap designed to protect the beverage from UV rays, allowing it to be stored for longer without deteriorating. The lid could be screwed on if you hadn't finished the drink, making it more portable, and also acting as a coaster. In theory, it was a great idea, and one which we know, in hindsight, was about to surge in popularity. But would any of the Sharks want to raise a glass to Zipz Wine? However, the Sharks couldn't help raising the issue of a previous contestant, James Martin, who had already appeared twice on the show, and both times had declined a deal for his seemingly similar invention, Copa Di Vino.

Zipz wine shark tank

Having many years of experience in the wine business, Zipz Wine co-founder Andrew McMurray must have had a special hunch that single-serve wine might be the wave of the future. Evidently, McMurray was ahead of his time. McMurray was no novice when it came to the wine business. His confidence in the demand for single-serve wine was so high that he would partner with J. It came in a plastic package shaped like a wine glass with patented shrink-wrap that helped shield the wine from UV rays and would ultimately extend its shelf life. The product was named after the zipper-like pull tab on the cling-wrap label that consumers would "unzip" to open the package. He fielded many inquiries about his business, including questions from "Mr. O'Leary promised success for Zipz Wine if he could lower the price per unit and get it into Costco , where he thought it would be a perfect fit. McMurray accepted the offer, stating, "Going into this we know that Kevin was the wine guy. To have Kevin O'Leary 'Mr. Wonderful' part of our wine project that we're doing [is] pretty exciting. At that time, sales were up, but there were issues with production and profit. Eventually, Zipz shifted to being a business-to-business packaging company focused on its patented glass design, rather than a business-to-consumer company that sold wine. This meant Zipz Wine could partner with restaurateurs and others in the beverage service industry. Starting in , Zipz Wine operated as a licensed packaging business selling its sealed "glass" products to other companies.

O'Leary also revealed plans to put his own wine into the single-serve Zipz cups, and there were plans to team up with liquor companies to produce a range of single-serve cocktails. And the Shark was even more concerned that the company was yet to turn a profit, zipz wine shark tank. But McMurray had them at "shelf life" and proprietary patent.

Everybody has an idea for at least one potential multi-million dollar invention, or so they believe. Still, it's down to the "Shark Tank" judges to decide on their merit. The esteemed panel of millionaires and wheeler dealers can make or break prospective entrepreneurs as easily as snapping a pencil, which the creator of Zipz Wine discovered when he appeared on "Shark Tank. Per Shark Tank Shopper , Andrew McMurray strolled into the arena during Season 6, episode 11 of the hit show, hawking the best invention of all, well, in some people's opinion anyway — a glass of wine. But what made McMurray's product different from the zillions of other wines already saturating the market? Well, don't worry, tankers; McMurray had an answer for that.

E verybody has an idea for at least one potential multi-million dollar invention, or so they believe. Still, it's down to the "Shark Tank" judges to decide on their merit. The esteemed panel of millionaires and wheeler dealers can make or break prospective entrepreneurs as easily as snapping a pencil, which the creator of Zipz Wine discovered when he appeared on "Shark Tank. Per Shark Tank Shopper , Andrew McMurray strolled into the arena during Season 6, episode 11 of the hit show, hawking the best invention of all, well, in some people's opinion anyway — a glass of wine. But what made McMurray's product different from the zillions of other wines already saturating the market? Well, don't worry, tankers; McMurray had an answer for that. And licensing, licensing, licensing!

Zipz wine shark tank

These days, we know that canned wine is ideal for tailgates , barbecues, and other al fresco parties. In part, as with boxed wines, that was due to a perception of their poor shelf life compared with traditional bottles. Offering a choice of Chardonnay, Pinot Grigio, Cabernet Sauvignon, and Merlot wines, Zipz Wine came in an individual wine glass made from plastic, with shrink-wrap designed to protect the beverage from UV rays, allowing it to be stored for longer without deteriorating. The lid could be screwed on if you hadn't finished the drink, making it more portable, and also acting as a coaster. In theory, it was a great idea, and one which we know, in hindsight, was about to surge in popularity.

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Television Reality TV. Andrew McMurray may have not hit it out of the park with Zipz Wine, but it hasn't seemed to affect him all that much. He elicited "Wows! What's next for Zipz Wine's founder? It is also possible that Zipz Wine failed to keep up with its competitors, in what was to become a fast-growing market. Perhaps, McMurray's newest idea for a business will be sports-based, as he has trained for and participated in triathlons, including the Iron Man. But McMurray entered "Shark Tank" with hopes of his presentation going better than the disastrous two-time Copa di Vino pitch from Seasons 2 and 3. McMurray was bang on the money. Deal done. O'Leary promised success for Zipz Wine if he could lower the price per unit and get it into Costco , where he thought it would be a perfect fit. Andrew says he can get the price down with scale. Had Zipz remained a full-on licensing brand from the start, it likely wouldn't have had the production and financial issues it would face down the line and could have thrived in the industry. As with many "Shark Tank" businesses, Zipz has a tough time keeping up with the demand. Meanwhile, O'Leary is concerned not only with the slow growth but also with Zipz potentially tarnishing his own reputation among wine customers. To have Kevin O'Leary 'Mr.

Having many years of experience in the wine business, Zipz Wine co-founder Andrew McMurray must have had a special hunch that single-serve wine might be the wave of the future. Evidently, McMurray was ahead of his time. McMurray was no novice when it came to the wine business.

He told Wine Spectator that the record-breaking "Shark Tank" offer helped secure him a meeting with the retail giant, but it all went downhill. Kevin O'Leary's interest is piqued when McMurray mentions the licensing and packaging potential of the business. Zipz sold its containers to other alcohol providers. Drink Beer and Wine. Will a Shark toast to a deal with Zipz? The new site regularly hosts tastings as part of its shopping experience, which sometimes raises money for local charities, too. O'Leary jumped on the comparison to Copa de Vinco, which had appeared on the show and refused investment offers twice. Zipz's Instagram, Facebook, and Twitter pages are still up but have not been updated since Unfortunately for Zipz Wine, that wasn't enough to keep the money or booze flowing. Wonderful toast to a deal. The Zipz Wine website is dormant as of , and the company hasn't posted on its Instagram account since He spotted a chance to seal the deal with Zipz. Or did it die a death like Biem , the butter-spraying utensil that failed to spatter spread? Still, it's down to the "Shark Tank" judges to decide on their merit.