PMS Bites are delicious, all-natural, healthy gluten-free bite-sized chocolate balls snacks specially designed for women.
PMS or Period Mood Swing is a common but real problem for women. A study suggests that more than ninety percent of women are the victims of this painful process.
However, the symptoms may vary from person to person, and so is the lasting period. It can range from 7 to 10 days a month with 150 varying symptoms.
During that time, women tend to develop a strong craving for sugar or sweet products due to hormonal changes. It is one of the prevalent PMS symptoms. But sugary items are the worst catalyst to inhale during periods as they can aggravate the condition to more critical ones.
And thus comes the idea of PMS Bites, put forward by Entrepreneur Tania Green. She made a perfect snack for women with PMS, which aids in the easing of PMS symptoms such as bloating and cramping.
PMS Bites Shark Tank: Was the Deal Done?
Tania Green, the founder and CEO of PMS Bites, heads up to Shark Tank for the 7th season, episode 29 in 2020.
But unfortunately, Tania was unable to lure any of the sharks to invest in her start-up. The business was in its very early stage, and she needed more numbers and sales.
She showed up in the show differently than the rest of the contestants. She has a flair for playing it up, whereas utmost candidates plunge straight into the business with little to no dramatics.
Tania had smeared her face like a PMS sufferer, and her eyes darkened out of strain while her face looked uncomfortable. And her words were, “Hi Sharks,” she says grimly. “I’m Tania, I’m from Boston, and I’m seeking $50,000 for 20% of my company.”
Moreover, she raffles some startling figures with the wide variety of symptoms they may face along with the longevity period of the symptom.
According to her stats, around 150 symptoms can be traced from ninety percent of women suffering from this illness. Likewise, on average, the symptoms would prevail somewhere between 7 to 10 days each month.
Market Value Estimation: Running the Numbers
According to her estimates on the Shark Tank, which is 20% equity for $50,000, PMS Bites was valued at one million dollars.
Tania delves into the economic intricacies of her company as the sharks feast on appetizing samples. However, the numbers were very low as her business had just hit the seven-month mark.
With an impressive 66% profit margin, PMS Bites total sales were $13,400.07. Likewise, according to her reports, each of the bites costs $1.55 to make, which is labeled at $4.50 wholesale and $7.00 retail prices.
PMS Bites Net Worth Update: How is the Company Doing?
Unfortunately, PMS Bites current net worth is not made transparent to the media and public.
As per the valuation at Shark Tank in 2020, PMS Bites was a million-dollar company.
And with no deal made, Tania walked out of the platform with head held high with the insights for lots of room for improvement.
However, fast track to the present day, Tania states she is no longer interested in uplifting the company. PMS Bites will not expand or grow further, and she is more than happy with the company’s present state.
Nevertheless, PMS Bites are still in the market, selling the product and their webpage is still accessible and operational.
Besides, Tania Green has an estimated net worth of $1.6 million as of mid-2022.
Tania Green is the founder of PMS Bites! Join her in knocking out PMS!!! #Healthy #glutenFree pic.twitter.com/TX9B8HfZ3r
— PMSBites (@PMSBites) January 20, 2017
CEO Information: Who is the founder of PMS Bites, Tania Green?
Tania Green is mostly identified for her innovative idea of a healthier alternative to sweets.
Looking at her Linkedin profile, we can find a whole array of companies and start-ups she has worked on.
Recently, she has been serving as an owner and producer at GreenT Media, based in Boston. It is a digital marketing company focusing on content creation, branding, project management and graphic design.
Besides, Tania was a chief marketing officer at Healthworks Fitness Centers for Women from February 2019 to September 2020. She worked closely with the company’s CEO and helped progress the company to new heights