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Pets are Expensive (and Profitable)
Small Business Trends: “When it comes to identifying the trends of the moment and probably the near future, it pays to look at where consumers are increasing their spending. In little more than a decade, spending by Americans on pets will have doubled from US$17 in 1994 to a projected 2004 total of US$34.3 billion. In 2003, the pet-spending total of US$32.4 billion was 60% larger than the toy industry and 33% larger than the candy industry according to an American Pet Products Manufacturers Association (APPMA) survey.”
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Caroline on September 28th, 2004 3:43 am
I would agree with the pet trend, especially upscale pet gifts. Creating a small e-business I have been savvy enough to take advantage of this trend and combine it with one of lifes pleasures of pampering the 4-paw people in your life. Small business is difficult sometimes, however working in a growing market doing something that some would say is quite frivolous makes it most enjoyable!
Business Opportunities Weblog | Pets are Expensive (and Profitable) on September 15th, 2005 9:05 pm
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