Thursday, June 25, 2009

Pet-Related Franchises; More Bark Than Bite?

Are there more pets? Do pet owners have more disposable income to spend on their pets? What gives?

According to the American Pet Products Association;

  • 62% of U.S. households own a pet, which equates to 71.4 millions homes
  • $45.4 billion will be spent on our pets in the U.S.
  • $3.4 billion of that figure will be spent on grooming & boarding

The pet industry is obviously huge. This category is getting so popular that some major brands that have typically sold their products to humans are starting to get involved in it.

Paul Mitchell, Omaha Steaks, Origins, Harley Davidson and Old Navy are now offering lines of pet products ranging from dog shampoo, pet attire, and name-brand toys to high-end gourmet treats and food.

The franchise industry has certainly jumped into this market with vigor, and the short list of young franchise concepts below demonstrates this fact;

If you are a pet owner, would you use these services? If these services were able to save you time, or add value in some other way, could you find the money in your budget to use them?

Read the FULL article at:
Pet-Related Franchises; More Bark Than Bite?

Posted using ShareThis

No comments: