The name makes you think that the Kettle Gryp could be something you could use to make tea. However, this is a different kettle altogether. Daniel Sheppard and Andrew Martin introduced the Sharks to Kettle Gryp, a workout device that helps you work out and do strength training. It’s the latest in line with several transformative workout devices.
The device converts your average dumbbell into a kettlebell. This means a customer won’t have to buy two types of equipment. Instead, you would only need the add the simple grip device, and you would have a whole new device to deal with.
Both Sheppard and Martin have been working on Kettle Gryp for a while. The thing that sets the device apart is the idea behind it. Not many people can come up with a jacket that can convert one type of equipment into another. The premise might be used quite often. However, no one had yet tried to convert a dumbbell into a kettlebell.
Both dumbbells and kettlebells are standard equipment in the Gym. So, it only makes sense that people would want a device that could easily convert one thing into another. Now that we know the device, we can also talk about how the Sharks received the pitch.
The two entrepreneurs started the pitch by talking about their genius device. They spoke of its many benefits and how it would transform gyms all over the US and the world once the rotation started. They then demonstrated the product so the Sharks could understand what the Kettle Gryp did and what they were trying to get at. They showed the working of the Kettle Gryp by doing some exercises in front of the judges to display how the device functions.
The two entrepreneurs were seeking $300,000 for 10% of their business. All the sharks went around and saw the devices. The entrepreneurs had placed the kettlebells and the Kettle Gryps together to compare them. Robert was the first person to comment and say that he thought the new kettlebell’s overall feel felt better due to the wider grip.
Kevin and the other sharks then moved to the valuation of the product. Sheppard and Martin reveal that the lifestyle sales are $3.6 million. In 2018, they sold $391,000, which kept increasing as the years went by. The two entrepreneurs also had different experiences before they went into this business. Martin talked about his time on the Cobra Attack Helicopter, and the Sharks quickly thanked him.
Mark then asked them why they came on to Shark Tank. He seems to think they have a solid handle on the product since they have a patent, and the product is made in the US. When asked what they wanted out of their time in the tank, the duo responded by saying they needed a strategic partner to help them with their marketing. They had a clear end goal in mind for what they wanted their shark to provide, which is a strong attribute for any venture.
The sharks then look at the live sales. Robert is the first to bow out because he doesn’t think it was for him. He felt he couldn’t provide the expertise necessary for growth. Next, Mark said that he felt like the product wasn’t complete and rather, it was something that was more of a secondary one, and he too didn’t want to continue.
Robert also didn’t want to invest as he felt the product wasn’t for him. Kevin then mentioned PRX and offered them $300,000 for 20%. Lori said she could help sell the device in retail if the entrepreneurs were still interested. She offered $300,000 for 20% as preferred stock. They countered with 15%, and Lori told them they had a deal.
Our Review of Kettle Gryp
Each product comes into the tank with many pros and cons. Let’s look at some of the pros and cons below.
Pros of Kettle Gryp
- It is innovative. Not many people have thought about the conversion of dumbbells into kettlebells.
- It is practical. It is common knowledge that gyms all over the US and the world will stock both dumbbells and kettlebells. Thus, having something like the Kettle Gryp can severely affect the procurement of kettlebells by smaller gyms. We doubt that larger gyms would still opt for having kettlebells as the main equipment, but the target could be people who work out at home and owners of smaller gyms.
- It is affordable. The Kettle Gryp is not that expensive, so its use is accessible and makes things super easy for you.
Cons of Kettle Gryp
- It can seem like a secondary product to many. People may not understand why they should get a Kettle Gryp when they can get a kettlebell instead.
- It’s not marketed properly, so the product itself might get lost in the sea of other gadget-like products available in the market.
Who Is Kettle Gryp For?
Kettle Gryp is for those who want to get the hang of working out at home. If people believe they need both a kettlebell and a dumbbell at home, they can save money by investing in a Kettle Gryp. The products are also for small-gym owners who want to save on their real estate. They can do so by using the Kettle Gryp.
Are There Any Alternatives to Kettle Gryp?
As far as we know, there are no alternatives to Kettle Gryp. The alternatives are the Kettle Bell, which you can use instead of a Kettle Gryp. Thus, If you’re looking for a better alternative than Kettle Gryp, you might be looking and waiting a while.
Our Final Thoughts
We think that the product is super nifty, and it makes it so unique. There are so many ways you can use the Kettle Gryp to get your workouts in and have the best time of it. You won’t have to spend all that extra money, and you’ll get more work out of one piece of equipment.