People & Blogs

Boom Slime Net Worth & Earnings

Updated
Boom Slime Net Worth & Earnings (2024)

Seriously Slime is a popular YouTuber and business that specializes in slime-making kits for children. Founded in 2019 by Sara McDermott and Shannon Valko, Seriously Slime was born out of their children's love for slime and the desire to create a mess-free slime experience. McDermott, who holds a bachelor's degree in communications from Marquette University, brings her expertise in human resources to the company. Valko, on the other hand, has an MBA in marketing from Loyola University Chicago's Quinlan School of Business and has owned her own café and served as COO for The Kindness Connection.

Since its inception, Seriously Slime has grown to offer not only slime-making kits but also pre-made slime kits and birthday party kits. Customers can also visit one of their physical locations to make their own slime. The company currently has two physical locations and also offers franchise opportunities for mobile or pop-up shop locations.

The Rise of Slime and Shark Tank Appearance

The popularity of slime has been on the rise since Mattel's release of the toy in 1978 and the emergence of instructional YouTube videos. Seriously Slime capitalized on this trend and gained further recognition when Shannon and Sarah appeared on Shark Tank season 11 episode 19. They pitched their business, seeking $90,000 for a 15% stake, valuing the company at $600,000.

During their pitch, Shannon and Sarah discussed their plan to move into licensing and provided samples of their products. However, the Sharks expressed doubt about the licensing strategy and raised concerns about the company's limited income and early stage of development. Ultimately, the Sharks decided not to make an offer, believing that the business had potential but was not financially viable at that time.

Challenges and Successes

Like many businesses, Seriously Slime faced challenges during the Covid-19 pandemic. Their fundraising campaign on Kickstarter for the product "Slime Baby" was unsuccessful, and they had to temporarily shut down their physical stores. However, they adapted by hosting virtual slime parties every Friday, which proved to be successful. They also reopened their retail locations in July 2021, although intermittent government-mandated lockdowns continue to pose challenges.

Despite these obstacles, Seriously Slime remains in business and continues to provide slime-making kits and virtual slime parties. Their dedication to creating a fun and engaging slime experience for children has allowed them to thrive in a competitive market.

Looking Towards the Future

With their innovative approach to slime-making and their commitment to customer satisfaction, Seriously Slime has established itself as a leader in the industry. As they navigate the challenges of the pandemic and explore new opportunities for growth, it is clear that Seriously Slime's founders, Shannon Valko and Sarah McDermott, have a bright future ahead. Their passion for slime and their dedication to their business will undoubtedly continue to drive their success.

The People & Blogs channel Boom Slime has attracted 6.59 million subscribers on YouTube. It started in 2018.

One common question we hear is: What is Boom Slime's net worth or how much does Boom Slime earn? We can never be certain of the actual amount, but here's our forecast.

Table of Contents

  1. Boom Slime net worth
  2. Boom Slime earnings

What is Boom Slime's net worth?

Boom Slime has an estimated net worth of about $3.61 million.

NetWorthSpot.com's data points to Boom Slime's net worth to be near $3.61 million. Although Boom Slime's acutualized net worth is not known. Our site's highly regarded opinion suspects Boom Slime's net worth at $3.61 million, but Boom Slime's actual net worth is unclear.

The $3.61 million estimate is only based on YouTube advertising revenue. In reality, Boom Slime's net worth may really be much more. Considering these additional sources of income, Boom Slime could be worth closer to $5.05 million.

Beyond their popular YouTube channel, Seriously Slime has expanded their revenue sources to include various product lines and brand sponsorships. Let's take a closer look at these additional avenues of income for the company.

Slime-Making Kits and Pre-Made Slime

Seriously Slime offers a range of slime-making kits for children, providing all the necessary materials like glue, activator, shaving cream, containers, stirrers, and more. These kits allow kids to create their own slime at home, providing hours of fun and creativity. Additionally, Seriously Slime also offers pre-made slime kits for those who prefer ready-to-play options.

Birthday Party Kits

For those looking to celebrate a special occasion, Seriously Slime offers birthday party kits. These kits can be customized to suit individual preferences and range in price from $195.00 to $340.00, depending on the level of customization desired. With these kits, children can enjoy a slime-filled celebration with their friends and create lasting memories.

Physical Locations and Franchise Opportunities

Aside from their online presence, Seriously Slime has two physical locations where children can play and make slime. These locations provide a unique and interactive experience for kids, allowing them to explore the world of slime in a safe and controlled environment. Additionally, Seriously Slime offers franchise opportunities for those interested in opening their own mobile or pop-up shop locations, expanding the reach of the brand.

Brand Sponsorships

As Seriously Slime continues to grow in popularity, they have also secured brand sponsorships. These partnerships allow the company to collaborate with other brands and create unique slime products or promotional campaigns. By aligning themselves with like-minded companies, Seriously Slime is able to reach a wider audience and further establish their brand in the market.

Overall, Seriously Slime has successfully diversified their revenue sources beyond YouTube. Through their slime-making kits, pre-made slime, birthday party kits, physical locations, franchise opportunities, and brand sponsorships, they have created a thriving business that caters to the growing demand for slime-related products and experiences. With their innovative approach and dedication to providing quality products, Seriously Slime is sure to continue their success in the future.

How much does Boom Slime earn?

Boom Slime earns an estimated $901.59 thousand a year.

Many fans ask how much does Boom Slime earn?

The YouTube channel Boom Slime receives more than 15.03 million views each month.

If a channel is monetized through ads, it earns money for every thousand video views. On average, YouTube channels earn between $3 to $7 for every one thousand video views. With this data, we predict the Boom Slime YouTube channel generates $60.11 thousand in ad revenue a month and $901.59 thousand a year.

Our estimate may be low though. If Boom Slime makes on the higher end, advertising revenue could generate over $1.62 million a year.

YouTubers rarely have one source of income too. Additional revenue sources like sponsorships, affiliate commissions, product sales and speaking gigs may generate much more revenue than ads.

What could Boom Slime buy with $3.61 million?What could Boom Slime buy with $3.61 million?

 


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