Do Parents Need this Wet Wipe Wizard? | Elevator Pitch S11 EP2 - video Dailymotion

Entrepreneur

This episode of Entrepreneur Elevator Pitch may be about child-centric products, but no one is kidding around when it comes to cash.  Hear from Chris Danis of Wet Wipe Wizard, a system that allows for the simple and reliable delivery of Wet Wipes at the push of a button.

Transcript

00:00Welcome to The Elevator.

00:04I'm Chris Danis.

00:05I'm a retired surgeon.

00:07Twelve years ago while assisting my oldest grandchild with potty training, there was

00:11a need for a wet wipe and none could be found.

00:14The solution is the Wet Wipe Wizard, a patented, powered wet wipe dispenser that can hang from

00:20most existing toilet paper holders or can be placed on a counter or baby's changing

00:25table.

00:26We're making a $400,000 investment for a 15% interest in order to achieve that goal.

00:35I always love entrepreneurs who are trying to fill a need but do we really need wet wipes

00:40in every bathroom?

00:41I mean, I've got four kids and I'd like a wet wipe in every one of my bathrooms, Mark.

00:45So struggle is real for sure.

00:48How big the market is?

00:49I don't know.

00:50I might want to hear more, hear what he has to say, but I worry about the competition

00:53as well.

00:54Well, let's vote.

00:55I mean, don't we know enough?

00:57Let's take it to a vote.

00:58Approved.

00:59Honestly, as an investor, I want to see in-market sales and it seems like there's such a huge

01:06opportunity that for me, I would really want to see sales before investing, so unfortunately

01:11I'm going to pass.

01:13Somebody told me once that the product has to be ten times better than the existing version

01:17and I don't know if the pain of getting extra wipes is big enough to warrant the expense.

01:24I think I'm going to pass for now.

01:27I'm terrified about trying to get a $60 product into people's houses in any kind of cost-efficient

01:33way, so I'm afraid that I'm going to pass and unfortunately that means we have nothing

01:38for you today.

01:39Oh, you had plenty.

01:40This has been a great experience.

01:42I've enjoyed it.

01:43I thank you very much.

01:44Good luck.

01:45Thanks, Chris.

Do Parents Need this Wet Wipe Wizard? | Elevator Pitch S11 EP2

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