Launched by Tania Green, PMS Bites aimed to provide all-natural, vegan, and gluten-free snacks specifically designed to alleviate premenstrual syndrome (PMS) symptoms. Despite the initial success and promising prospects, the company faced challenges that led to its closure in 2018.
What Is PMS Bites?
Customer reviews have provided mixed feedback on the taste of PMS Bites. Some customers expressed disappointment, citing an unsatisfactory taste and a lack of symptom relief. However, taste preferences can vary greatly, and what may not appeal to one person may be enjoyable for another. It is worth noting that individual taste preferences can heavily influence one’s perception of a particular product.
PMS Bites marketed itself as a snack that could potentially alleviate symptoms associated with PMS. Although some customers claimed to experience relief, others felt no noticeable difference. It is important to recognize that the effectiveness of such products can vary from person to person, as the severity and nature of PMS symptoms differ among individuals.
What works for one person may not work for another and it is always recommended to consult with a healthcare professional regarding PMS symptom management.
The PMS Bites boast a blend of herbs and ingredients that are gluten-free, vegan, and all-natural. They also contain chocolate, which is known to help with menstrual cramps.
The idea behind PMS Bites is innovative. It addresses a specific demographic – women experiencing PMS – and provides a solution in the form of a healthy, tasty snack.
The product has garnered some positive reviews. With a 4.4 rating on their Facebook page, many customers seem to appreciate the product and its concept.
Taste and Effectiveness
While the concept is innovative, some customers didn’t find the taste appealing and felt no relief from symptoms. The effectiveness and taste are subjective to each individual’s palate and body, which can be a downside for some.
Lack of Investment in Shark Tank
Despite the unique concept, PMS Bites walked away from Shark Tank without a deal. This might raise some eyebrows about the business model or scalability of the product .
Who Should Use PMS Bites?
The bites are also suitable for health-conscious individuals as they are vegan, gluten-free, and contain a blend of herbs and nutritional supplements. Hence, anyone looking for a healthier snack alternative can consider PMS Bites.
Moreover, the rich, chocolatey taste makes them a great option for those who wish to satisfy their cravings in a healthier way . So, if you’re someone who craves sweets but wants to keep them healthy, PMS Bites might be a good fit for you.
However, it’s important to remember that the effectiveness of these bites can vary from person to person. Some users have found them helpful in managing their PMS symptoms, while others may not experience the same benefits.
About Founders Of PMS Bites
Determined to tackle this challenge head-on, Tania ventured into the kitchen, determined to discover a solution. She ingeniously concocted delectable chocolatey treats infused with herbs renowned for alleviating the discomforts of PMS, including the formidable trifecta of pain relief, insatiable cravings, and mood swings.
Prior to gracing the stage of Shark Tank, PMS Bites orchestrated a remarkable crowdfunding feat, amassing a formidable sum of $ 8,439, a staggering achievement that nearly doubled their initial target of $ 5,000. Astonishingly, this funding milestone was achieved within a mere 15-hour span .
The Pitch Of PMS Bites At Shark Tank
Tania Green stepped onto the stage and entered the Shark Tank arena. She introduced herself with a sigh, seeking an investment of $ 50,000 in exchange for a 20% stake in her company, PMS Bites. Despite her somber demeanor and apparent discomfort, Tania explained that she was currently grappling with the symptoms of PMS, which explained her subdued disposition. She candidly admitted to feeling bloated, battling a splitting headache, and enduring back pain.
Her revelation drew laughter from the Sharks, but she quickly emphasized that her experience was shared by over 90% of women who endure similar discomfort for 7 to 10 days each month.
Tania challenged Kevin O’Leary to imagine spending a third of his year feeling irritable. She asserted that PMS Bites held the solution to this pervasive issue.
Tania highlighted that her product was not just delicious but also gluten-free, all-natural, and vegan . Additionally, it contained a blend of herbs believed to alleviate PMS symptoms, such as chocolate cravings, bloating, and irritability. Lori expressed her eagerness to sample the treats, and Tania began distributing them. Robert asked Tania about the most common PMS symptom, and she promptly identified irritability.
Robert playfully suggested that Lori might need some PMS Bites, drawing a chuckle from the Sharks. Each Shark received a cardboard box containing four bites, and Robert praised the packaging. Tania disclosed that the main ingredients included dates, almond butter, and gluten-free oats. Mark and Barbara commended the taste, and Tania mentioned that each bite contained just 50 calories.
Robert delved into the financial aspect, inquiring about the number of PMS Bites sold. Tania revealed sales of $ 13,400.07 over the past seven months, eliciting laughter from the Sharks, particularly Mark, who questioned the seven cents figure. Tania justified the precision, emphasizing that every penny counted. When asked where she sold her products, Tania cited independent retail stores. Lori inquired whether she had handmade each bite, to which Tania clarified that she prepared them in a commercial kitchen.
Robert pressed further, asking why PMS Bites weren’t selling more. Tania stumbled slightly, and Kevin interjected, playfully referring to her as the “queen of small numbers.” Tania insisted that it was not a lack of interest but rather a shortage of funding. She wore multiple hats, managing the production, packaging, sales, and delivery of each batch. Lori questioned Tania’s motivation for creating the product, and Tania revealed her own debilitating PMS experiences as the driving force behind PMS Bites.
Lori highlighted a crucial aspect that hadn’t been discussed yet: the cost of PMS Bites. Tania disclosed that a pack of three bites was wholesaled for $ 4.50, shocking the Sharks. However, Tania justified this by explaining that her profit margin was 66% since the cost per bite was $ 1.55.
Kevin estimated that the retail price per pack was $ 7, which Tania confirmed. Robert inquired about the specific retail locations where they were sold, and Tania mentioned high-end juice bars, including those within Equinox gyms. Kevin asked whether they were selling well at Equinox, and Tania affirmed their success in Equinox’s Massachusetts territories.
Lori sought information about potential competitors, and Tania emphasized that while junk food was the primary competition, there were no direct competitors adding herbs to their truffle balls. Barbara pointed out that Tania had neglected to ask for the Shark’s investment, to which Tania responded that she was seeking $ 50,000 for 20% equity .
Kevin raised concerns about the name “PMS Bites”, stating that, as a man, he couldn’t connect with it, despite appreciating the product’s ingredients. Barbara noted that Tania’s target market wasn’t Kevin. Lori suggested renaming the product something universally appealing and only mentioning its benefits for PMS on the website.
Tania argued that if she had named it “Tania’s Vegan Cookies”, she wouldn’t have made it to Shark Tank. Barbara concurred, acknowledging the name as a marketing strategy.
Tania shared feedback from women who claimed they felt better after consuming PMS Bites. These women found solace in a snack that satisfied their cravings without causing blood sugar spikes. Tania stressed that sugar exacerbated PMS symptoms, making traditional chocolate and chips poor choices during this time.
Robert inquired about Tania’s background, and she revealed her prior experience working for branding and marketing firms. However, she found her true passion in PMS Bites, which also helped alleviate her own PMS symptoms.
Lori returned to the issue of mass appeal, affordability, and customer demand as key considerations for investment. She believed Tania lost mass appeal by naming the product PMS Bites and opted out of investing.
Robert disagreed with Lori, praising the niche marketing slogan as an advantage within the health food market. However, he ultimately chose not to invest due to the small numbers.
Barbara expressed doubt about Tania’s ability to single-handedly drive the product’s success and decided not to invest.
Kevin acknowledged Tania’s entrepreneurial spirit but ultimately chose not to invest, dubbing her the “Princess of Small Numbers”.
Mark, the last remaining Shark, expressed interest in Tania’s social media strategy, believing that it could play a pivotal role in the business’s success. Tania explained that she had chosen to focus exclusively on the retail side.
Mark disagreed with her approach, considering PMS Bites a potentially viral product that could benefit from word-of-mouth marketing. However, he also opted out, comparing the requested $ 100,000 to tuition rather than an investment .
Tania thanked the Sharks for their time and feedback, recognizing the challenges ahead. She left the stage with renewed determination to work harder and make her venture a success. The outcome of her efforts remains to be seen.
PMS Bites After The Shark Tank
Tania has diligently heeded the Shark’s counsel, giving birth to a more robust online presence encompassing social media platforms and an immaculate website showcasing her luscious, dense chocolate confections.
Interestingly, the website maintains a discreet stance on the herbal inclusions within PMS Bites, potentially in an endeavor to sidestep the stringent FDA regulations surrounding any assertions of “treatment” for specific conditions.
PMS Bites stands out as a confectionary delight that the Sharks opted not to sink their teeth into. Nevertheless, the company appears to be gradually advancing towards prosperity. Its doors closed in February 2018, and Tania has since assumed the role of Chief Marketing Officer at Healthworks Fitness in Boston.
The Net Worth Of PMS Bites
Since their unsuccessful appearance on Shark Tank, PMS Bites has maintained a low profile on their social media platforms.
For those interested, the chocolates are still available for purchase on their Facebook page, albeit at a somewhat steep price of $ 9.99 for six Mini Bites . The silver lining is that the company offers free shipping.
To access a wider range of options and learn more about PMS Bites, customers can visit the official website. Tania Green recently participated in a video interview with Heavy.com, where she shared her aspirations of expanding distribution to venues such as Whole Foods stores and unconventional outlets like gyms and yoga studios.
Furthermore, Tania plans to diversify the PMS Bites product line by introducing new options, including Insomnia Bites and Diet Bites. Despite not securing a deal with the Sharks, Tania remains optimistic about the future success of her venture.
It’s worth noting that while PMS Bites faced closure in 2018, their website is still operational as of 2022.
Alternatives To PMS Bites:
- Tony’s Chocolonely: This is a leading competitor to PMS Bites1. Tony’s Chocolonely offers a range of chocolate products that could serve as a sweet treat during your menstrual cycle;
- The Hershey Company: Known for their wide variety of confectionery products, Hershey’s could be an alternative if you’re craving chocolate;
- Dark Chocolate: Dark chocolate is rich in antioxidants and may help reduce inflammation, which could potentially help ease PMS symptoms;
- Berries: Berries are a natural source of vitamins and can be a healthier choice when dealing with cravings during your period;
- Dried Fruits: Dried fruits like dates, apricots, or raisins can also be a good option. They’re often used in vegan and gluten-free recipes, much like PMS Bites;
- Homemade Vegan Chocolate Bites: You can also consider making your own version of PMS Bites at home. There are plenty of recipes available online that use similar ingredients such as cacao, dandelion root, Siberian ginseng, and chamomile;
- Is PMS Bites still in business?
PMS Bites closed its business in 2018 after a period of slow growth. The website remains operational as of 2022.
- What are the ingredients of PMS bites?
PMS Bites are made with a blend of gluten-free, vegan, and all-natural ingredients. While specific ingredients may vary by flavor, they generally include herbs known to help alleviate PMS symptoms, as well as chocolate.
- What is PMS called now?
Premenstrual Syndrome (PMS) has not been renamed and is still commonly referred to as PMS.
- Is PMS self-diagnosable?
PMS can often be self-diagnosed based on the recurring pattern of symptoms that occur in the second half of the menstrual cycle and resolve around the start of menstruation. However, it’s important to consult a healthcare professional for an accurate diagnosis and treatment options.
- What are the 4 types of PMS?
The four types of PMS are PMS-A (Anxiety), PMS-D (Depression), PMS-H (Hyperhydration), and PMS-C (Craving).
- Why does Barbara never invest in Shark Tank?
Barbara Corcoran, one of the investors on Shark Tank, does invest in businesses on the show. Her investment decisions are contingent on the viability of the business, the entrepreneur’s presentation, and whether she believes the business aligns with her portfolio.
- What was the worst Shark Tank investment?
One of the most notorious failed investments from Shark Tank was Toygaroo, a toy rental service. Despite receiving a $ 200,000 investment from Mark Cuban and Kevin O’Leary, the company went bankrupt just a few months later.
- Does Shark Tank really invest?
Yes, the Sharks on Shark Tank do invest their own money into the businesses they choose to back.
- How real is Shark Tank?
While the show is produced for entertainment, the investment deals made on Shark Tank are real. However, they are contingent on due diligence after filming, and not all handshake deals seen on the show result in an actual investment.
- Is Shark Tank scripted?
Shark Tank is not scripted. However, entrepreneurs often rehearse their pitches before appearing on the show.
- How many billionaires are on Shark Tank?
As of 2023, two of the Sharks on Shark Tank, Mark Cuban and Kevin O’Leary, are known to have a net worth exceeding $ 1 billion.
- How many Shark Tank companies fail?
The exact number of Shark Tank companies that fail is not public information. However, it’s estimated that around 10-20% of the businesses that get funded on Shark Tank eventually fail.
- How much does a Shark Tank pitch cost?
There is no cost to pitch on Shark Tank. The entrepreneurs do not pay to be on the show, and the Sharks invest their own money into the businesses they choose to back.
- Why did Robert leave Shark Tank?
As of 2023, Robert Herjavec has not left Shark Tank. He has been a regular investor on the show since its first season.
- Are Shark Tank’s “sharks” in loss?
Investing always comes with some risk, and the Sharks have certainly had some losses among their successful investments. However, their overall portfolios are likely profitable given their continued participation in the show and ongoing entrepreneurial activities.
- What happened to companies after Shark Tank?
The fate of companies after appearing on Shark Tank varies widely. Some have become incredibly successful, while others have failed. Many continue to operate with varying degrees of success.
- Who is the most successful investor alive?
Warren Buffet is often considered one of the most successful investors alive, with a net worth exceeding $ 100 billion.
- Who is the poorest Shark Tank?
Compared to the other Sharks, Barbara Corcoran has the lowest net worth, estimated to be around $ 80 million as of 2023. However, this does not make her “poor” by any standard.
- Who is the least successful “shark”?
It’s difficult to determine who the “least successful” Shark is, as it depends on how one defines success. All the Sharks have had both successful and unsuccessful investments, and all have built considerable wealth through their entrepreneurial endeavors.
- How do the “sharks” get their money back?
The Sharks get their money back through the profits of the businesses they invest in. This could be through a share of the profits, the sale of the business, or a return on their equity investment if the company raises more capital or goes public.
- What was the worst deal on Shark Tank?
One of the worst deals in Shark Tank’s history was arguably Toygaroo, which went bankrupt shortly after receiving a $ 200,000 investment from Mark Cuban and Kevin O’Leary.
- Has anyone ever lied on Shark Tank?
There have been instances where entrepreneurs misrepresented their businesses on Shark Tank, such as the case with uBeam, a company that claimed to have developed a technology for wireless electricity. However, these instances are rare.
- Who was the guy who rejected the Shark Tank?
Numerous entrepreneurs have rejected deals from the Sharks. One notable example is Jamie Siminoff, the founder of Ring. He appeared on Shark Tank in 2013 and did not secure an investment. Ring was later acquired by Amazon for over $ 1 billion.
Useful Video: Treats for PMS Week | Vegan, Gluten-Free, Organic Ingredients