Ephrem Davis
Dr. Reeves
MUS 102
13 October 2023
Of the four pitches we viewed this week on Shark Tank, Yum Crumbs spoke to me the most not only because of the business owner’s driven attributes but because of the accumulation of his closeness to the product, its out-of-the-box flavors offered and, most prominently, its convenience for businesses.
Yum Crumbs is a pastry topping that can immediately revamp a product and save businesses a substantial amount of time. Jeanvilma presented this product with his son, who loves the product, illustrating his family ties and credibility in the pastry industry. Alongside his go-getter attitude and humble beginnings, yum crumbs are a product no business would bat an eye at.
Since the primary consumers are other business owners, the flashy flavors and prospects of elevating their product for a reasonable price are enough to invoke need. Still, the time saved in the process warrants necessity. With Yum Crums, small businesses don’t have to worry about production space because the pre-made product comes ready to use, saving employees a lot of time and business owners real estate.
Outside of this, there is room to expand, offering this product to consumers and taking on the retail and grocery markets. While Jeanvilma has already established a presence and showcased his smaller packaging, marketed to consumers of all kinds who may not need bulk pricing or quantity, there is much room for expansion and product promotion. After all, Yum Crumb’s prominent flavors and easy-to-use brand catch kids’ eyes and aren’t too complex in parents’ pockets. Yum Crumbs is a product for everyone who can burst into many marketplaces.
Much like Uber, this product markets itself. Word of mouth will spark demand once one business has integrated the product. After all, the product can turn any cookie-cutter small business into a prominent one capable of standing out in an already dense marketplace. The same applies to the grocery and retail scene. Imagine your friend bakes cupcakes for school with Yum Crumbs dynamic flavors, wowing the class. Through these interactions alone, Yum Crums is gaining more and more potential consumers, and the more excellent the reviews are, the higher the demand.
Yum Crums is also vital in many places other products lacked, referring to Bunny Eyes, a product the sharks thought could not penetrate the retail scape. Yum Crumb’s flashy flavors and packaging do not need an introduction or demonstration. Along with this is the brand’s stand-alone image as a revamped fusion of cookies and sprinkles.
In all, several tactics apply to the brand Yum Crumbs, but the product speaks for itself, and from the looks of how Jeanvilma is already branding it, he is heading down the right path.
(Shark Tanks) Season 7 ep 25
https://abc.com/shows/shark-tank/episode-guide/season-15/07-episode-7
(Lumen Learning)