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Industry Trends: State of U.S. Pet Industry 2010 (aka Happy New Year)By David LummisMost economists agree the worst of the recession is behind us, and as we look ahead there is reason for optimism. True to the pet industry's "recession-resistant" claim to fame, sales rose 5 percent in 2009 to reach $53 billion. And, while 5 percentage points may not sound like a lot, it translates into $2% billion in sales of products and services added in the midst of the biggest economic crisis since the Great Depression.
In sum, as we exit 2009 and enter the New Year the U.S. pet industry remains stable and full of opportunity. No, consumer confidence and spending will not rebound to pre-recession levels overnight. Nor can any market participant afford to sit back during 2010. But right now, in this moment, this is a business-with its marketers, distributors, retailers, service providers and, above all, devoted pet owners-that has every reason to expect a Happy New Year and, looking further ahead, many happy returns. David Lummis is the lead pet-market analyst for Packaged Facts, a division of MarketResearch.com.
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Benefits of owning a pet business
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ProfitabilityMaking money with PetStoreComplete is easy. You will profit between 25%-45% on every product you sell from your website. Many of our current business owners who operate their website as a part-time business generate 5-10 orders per month with an average profit margin of $12-$18 profit per order. We also have many website owners who operate their website as a full-time business. Many of these business owners generate 12-15 orders per day with the same average profit margin per order of $12-$18 profit.The bottom line is that YOU can control how successful your business can become and the sky is the limit! |
Good IdeaOwning a website is the key to earning extra money without working a full-time job. The pet supply industry is larger then it has ever been in the last 20 years and is growing by roughly $2 billion per year. In addition to this growing trend, more customers are becoming more familiar with shopping online and prefer the online shopping experience because of the convenience. Customers will be able to access your online business 24 hours a day. Customers can shop when they want to, not just when you're open, and with millions of people shopping online daily, this is a great opportunity for you to start an online pet business and reach your financial goals faster then you ever thought possible.PetStoreComplete provides you with a customizable website that allows you to sell nearly 15,000 pet supplies over the internet from the comfort of your own home. Personalize your website with multiple layouts, custom pricing, additional content and pictures, discount promotions, free shipping, and so much more! Join us today and take control of your financial future! |
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