Pricetitution
Pricetitution is an adult party game based on the notion that everyone has their price. Armed with a box of 160 Price Tag cards, each player guesses how much it would take for a fellow friend. Pricetuition is for all those young adults, all those who are young at heart and everyone who has grown tired of Pictionary,charades or other traditional game night entries. Pricetuition can help make your conversations with friends and family interesting again and with a few cards removed, it can also turn into a decent children’s game.
Price-titution is a new game based on the idea that everyone has their price. Dan Killian always found himself asking his friends ‘how much money would you do (insert task here) for?” So he made a game out of it. Each Pricetitution game box comes with 125 different tasks that people have to guess what the player’s price would be to do it.
Some of the tasks border on the disgusting like “how much would it take you to drink a glass of pee?” Others are more true to life like “how much would it take to let someone look through your phone and share anything they want?” There are 123 other questions in the box, so there’s lots of game play.
o play, a player (the Pricetitute) draws a price tag from the deck. The other players have a minute to question the Pricetitute to get an idea of their answer. Next, everyone writes down the lowest possible dollar value for what the player would do the task for. Then, everyone shares their prices and the one closest to the player’s price gets a point. The first to four points wins the game. Most games take a half hour to 45 minutes. It’s different every time you play it with someone new, too.
This is a classic “get to know you” adult party game. Dan says it’s kid friendly too if you remove a few “select cards.” The game costs $22 on Amazon, so it’s not going to break anyone’s bank. Every once in a while, a new game comes on the scene that becomes a big hit. Remember Trivial Pursuit or Pictionary? Dan hopes a Shark – and n appearance on the show – will make Price-titution the next big thing.
My Take on Price-titution
I think this is a clever idea for a game. We play games at our house, but it’s mostly Risk, Dominoes or cards. This would be a fun game for a family gathering or a dinner party, not a regular thing. I can see people having a lot of fun with it.
The thing about games, like the aforementioned Trivial Pursuit or Pictionary, is they are a one-time purchase and they tend to be faddy. That’s not a knock on Price-titution, it’s just a fact. I think it’s clever, but I wouldn’t buy it for myself. It would make a good gift though.
Will the Sharks have a Price?
This has all the makings of a funny, entertaining pitch. Whether Dan gets a deal for Price-titution is another matter. Kevin will have lots of advice due to his toy industry background. He may even bid, too. I can see him offering some kind of licensing contingency deal.
As for the other Sharks, only Lori strikes me as one who’d bid on it. She can sell it through her many channels. The other Sharks will likely bow out. If Lori and Kevin don’t bid, I think Dan won’t get his price.
Related Posts
Guest Shark Rohan Oza joined Kevin O’Leary, Lori Greiner, Barbara Corcoran, and Mark Cuban in the Shark Tank to evaluate four businesses seeking strategic partnerships. Pricetitution, Hydroviv, Flip-it!, and Luma Soda all came to the Shark Tank in hopes of seeking an investor that could help their small businesses flourish. Only two of four businesses featured would leave the Shark Tank with a deal from the Sharks.
Pricetitution Gets An Offer From Four Sharks
Dan Killian came to the Shark Tank seeking $100,000 in exchange for 20% equity in his gaming company, Pricetitution. This party game is a hilarious way to learn interesting information about your friends by guessing how much money it would take to get people to do a variety of odd tasks. In the two months post-launch, the product has seen $40,000 in sales with great margins. Dan has also been approached by the largest toy manufacturer and for licensing opportunities which is very attractive to the Sharks.
How much money would it take you… to invest in Pricetitution? #SharkTank
— Shark Tank (@ABCSharkTank) April 15, 2019
The concept of the game, the branding and the packaging are all appealing to the Sharks. They compare Pricetitution to Cards Against Humanity and cite how much money that game has brought in. Dan receives offers from all of the Sharks except Mark Cuban. Ultimately, he decides to partner with both Lori Greiner and Rohan Oza. The Sharks decide to go together on the investment and offered Pricetitution $100,000 for 40% of the company. He accepts their offer.
Hydroviv Partners With Mark Cuban
Chemist Eric Roy enters the Shark Tank in hopes of securing $400,000 in exchange for a 10% share of his company, Hydroviv. Across the country, millions of households have water contaminations that exceed current health goals. Hydroviv builds custom water filters that are optimized for each customer’s water based upon geographical water quality data. The system easily hooks to the existing faucet and helps to improve water quality instantly.
Pricetitution Amazon
“Who wants to be the next water nerd?” #SharkTank
— Shark Tank (@ABCSharkTank) April 15, 2019
Hydroviv saw approximately $325,000 in sales last year and projects to bring in $1.7 million this year. Although the Sharks feel that customer education will be a major hurdle for Eric, Mark Cuban does decide to extend him an offer. Mark offers Hydroviv $400K in exchange for 20% equity. Mark’s investment will help Eric to build his sales and marketing teams. Eric accepts Mark’s offer.
Flip-it! Has Plenty of Excuses But No Deal
Steve Epstein, owner and inventor of the Flip-it! cap, came to the Shark Tank in hopes of securing $500,000 for 10% equity in his company. The Flip-it! cap is a bottle emptying device that threads onto any standard thread bottle such as beauty products, haircare, food products and condiments and allows the bottle to be flipped upside down to have gravity empty the entire bottle. Although the Flip-it! cap has been featured on QVC 65 times and Steve feels as though there is a large market for his project, he is beginning to see a drop in revenue. He is looking for a partner to invest in his product so that he can build better molds to bring costs down.
Pricetitution Questions
Will the Sharks flip over this product? #SharkTank#flipitcap
— Shark Tank (@ABCSharkTank) April 15, 2019
The Sharks do not feel that his costs of good are the issue. The issue is that he is seeing a revenue drop because his product is not needed as it once was due to modern, upgraded, gravity-flow packaging. They are also concerns that he has $500,000 in inventory with a declining demand. Steve has a lot of excuses for why his product and business were failing, but the Sharks feel that he lacks a business plan and a product that has a strong market presence. The Sharks all decline to extend an offer to Flip-it!.
Luma Soda Leaves The Shark Tank Without a Deal
Recovering diet soda addict, Jim Otteson, created his signature product, Luma soda, because he wanted something flavorful to drink that did not contain the sugar and chemicals that are found in traditional diet sodas. There are four primary flavors to Luma soda which are sweetened with honey and monk fruit. The Sharks are torn about the taste of the product. Some of them love the taste while others do not. Luma hopes to secure $500,000 in exchange for a 20% share of the company.
Is this natural soda sweet enough to score a deal? #SharkTank
— Shark Tank (@ABCSharkTank) April 15, 2019
Year to date, Luma’s sales are $180,000 by selling direct to consumers. Their repeat customer percentage is small. At a 10% repeating customer base, the Sharks are afraid that this product may be a one time purchase for a lot of consumers. Jim feels this is due to customers preferring to purchase beverages from a retail store rather than online. The Sharks are also concerned that Jim has invested $1.75 million of his own money into the company and it is still early in it’s infancy. He currently has $600,000 of inventory and $30,000 in the bank. Because the Sharks felt like there was little room for success in this competitive market and because there are high liabilities associated with an investment in the company, they did not extend an offer to Luma.
Pricetitution Game After Shark Tank
What did you think about the businesses featured in this episode of Shark Tank? If you were a Shark, would you have invested in any of these companies? Do you think the Sharks made a wise decision on the companies they passed on? Start the conversation in the comments below!
Pricetitution Success
Shark Tank airs Sunday at 10:00 EST on ABC.