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PETCO, PetSmart, and Drs. Foster & Smith, Lead The Pet Supply E-Commerce...
PETCO, PetSmart, and Drs. Foster & Smith, Lead The Pet Supply E-Commerce Market
The online pet supply market is dominated by three major competitors, Drs. Fosters Smith, PETCO, and PetSmart. Pet Megamart, a new player in this field, has launched a site.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 7, 2009 --
Pet Megamart Launches New Online Pet Supply Store
The pet supply business is an ever-expanding multi-billion dollar market. In fact, overall sales of non-food animal supplies in the U.S. now surpasses $5 Billion annually. Not surprisingly, this confirms that people absolutely love their pets! Larger pet stores like Drs. Foster Smith, PETCO ,and PetSmart own a majority of this market, and have reached into online selling as a way to boost revenues. Still, on November 1, 2009, a new online pet supply store, Pet Megamart, launched its e-commerce website to try and gain a piece of the pet profits. This new seller offers over 13,000 products for dogs, cats, aquariums, birds, and reptiles. In addition, most of their products are unique, hard-to-find items.
Pet Megamart specializes in aquarium products including items such as marine salts, plants, lighting, hoods, gravel, pumps, filters, and heaters. They have everything you need to set up and maintain a top-notch saltwater or fresh water aquarium. In addition, their dog supply line is stocked with numerous products including a large line of dog collars. They carry all kinds including safety reflective collars for those walks at night. They have a huge selection of cat toys, furniture and treats, and of course supply vitamins and supplements for all animals. With so many products, its definately worth a checkout. And with such a large inventory, they could make an immediate impact on the industry.
"Pet Megamart has a solid business plan for success and an expanding marketing
budget. By offering frequent sales, a huge selection of aquarium supplies, and the convenience of secure online shopping, Pet Megamart hopes to establish a loyal customer base and carve a niche out of the online pet supply market. For an independent small business, only a fraction of sales of the overall pet supply market will turn this online store into a success."- says President and Founder of Pet Megamart.
E-Commerce is Here to Stay
Even with the economy in a downturn, consumer spending was reported to be up nearly 3% in August 2009. Some forecasts indicate Christmas sales will be down in 2009. Yet, as far as e-commerce is concerned, more and more shoppers are turning to ordering products online for the convenience of finding those items rarely available in stores. Shopping online delivers the consumer multiple choices, and the freedom to quickly browse similar products from different stores using comparison sites like Nextag and Bizrate without filling up the gas tank or paying taxes. Its estimated that nearly one in three online purchases now occur on comparison shopping sites. Pet Megamart does plan to enter the comparison shopping arena, but their discount codes which are on their site can more than make up for any savings you might obtain from other vendors.
More information can be found online at http://www.petmegamart.com
People who viewed this press release also interested in the following topics: petco business plan pdf, petco business plan, petmegamart.com, petsmart business plan, and foster and smith and petsmart.
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