Top 5 Opportunities/Challenges Ahead for Pet Stores

January 11 2010 | Jessica Helinski

Ad-ology Research recently updated their Industry Marketing Insights report for Pet Stores. The following are the predicted Top 5 Opportunities/Challenges from the report for this industry for the upcoming 12 months:

  • Natural, holistic and/or organic pet foods continue to be fast-growing product categories.
  • Retailers report that increasing sales volume is a top challenge to the industry.
  • More pet stores plan to sell or expand aquarium and fish-related products in 2010.
  • Demand among consumers for pet insurance is on the rise.
  • While pet spending has increased in the recent past, the weak economy is expected to cause some consumers to cut back on pet luxuries, such as clothing.

The Industry Marketing Insights report for Pet Stores is available on Ad-ology.com (Research Store) for $195 USD with local market data for any U.S. market.

[Source: Ad-ology Research. January 11, 2010.]

 

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