Industry Insights | Business Boosters
2019 has come to an end, it’s time now to look ahead to the new pet industry trends and opportunities that will be brought by the new year. Since 1994, American pet spending has continued to rise every single year – even during the 2007-2009 recession – reaching an estimated $72.13 billion in 2018 and is now projected to hit almost $100 billion by the end of the decade. which is, well... now. This continued increase in industry growth means an increase in opportunity for your pet business to grow as well. It also means lot more new innovation and more competition to keep customers happy and shopping with you all year long.
Original Post by: NorthPoint Pets & Company A few months have passed since the FDA released a report about a potential relationship between grain-free pet foods and Dilated Cardiomyopathy or, DCM. We've all had customers walk through the door with concerns, some even have those same concerns shared with their veterinarian. However, very little research and data are available surrounding this potential relationship, and some within the industry have failed to recognize a greater problem. DCM is just one of many concerns pet owners have to face, along with cancer, diabetes, kidney disease, and allergies just to name a few. The reality is that hyper-focusing on avoiding any one of these can increase the risk for the others.
Gain valuable insight into the behavior of the modern pet consumer and start effectively connecting with your customers.
Original Post by: inClover Research In both the human world and the pet world, probiotics and now prebiotics are all the rage. We hear talk about probiotic and prebiotic foods and supplements that will help keep our pets' digestive health in peak condition. When working in pet retail, pet parents will come to you looking for a solution when their pet has an upset tummy. It is in the best interest of you and the pet parents you serve to provide them with a solution that will continuously support the gut health of their pets and not just provide them with a quick fix.
The term "Made in the USA" has become a label that consumers trust and seek out when searching for the perfect food or treat for their pet. After all, the horror of the 2007 melamine debacle still resonates with pet parents and subsequent pet food recalls remind us that it’s important to know the source and manufacturing of our food sources. A "Made in the USA" stamp on the packaging is one way to alleviate fears of off-shore (and often less standardized) sourcing. But can you trust it? Just because a product says it’s made in the USA, is it? Does it matter? Who decides this? What rules do they follow? As the trusted resource on everything pet you'll need to be ready to answer these questions for pet parents in your community.
Industry Insights | Business Boosters
In the age of online retail, it is more important than ever to have a reliable customer base. When you have the same consumers repeatedly return to your store for expert advice and products that they can only receive from you and your staff, this creates a bond of respect, trust, and cash flow for your business. The goal is to be continually assisting and educating the customer on their journey with their pet. In terms of pet health, there is always something to be focusing on that you (the local pet expert) have solutions for.
As a pet store owner, you’re well aware that there’s no shortage of food options. In fact, every month sees new pet food releases each of them designed to be the healthiest and more palatable than the rest. Where there used to be adult food and puppy/kitten food; now there’s breed specific foods, novelty proteins, vegan, gently cooked, fully cooked, raw, frozen, etc. It’s no wonder your customers are confused about what to feed their pets! Part of that confusion stems from the idea there’s one best food to feed your pet. Of course, there isn’t. There are many brands that can provide pets with top-quality nutrition and variety they need to thrive.
