Out-of-place product collections make online branding very difficult. Pet stores usually offer a combination of products and pet services, but be careful to avoid becoming a “jack of all trades” pet store. In the pet world, it’s key to find a niche that’s large enough to provide sustainable cash flow, but small enough that it offers a chance to brand yourself in a distinct way. Some pet stores target cat and dog owners, while others may specialize in more niche pets, like reptiles and arachnids. Some provide services like walking and grooming, while others provide products like bowls and chew toys. Speaking of business types, let’s take a look at some pet business ideas. Pet walking and sitting, for example, would only need to worry about marketing and insurance costs-whereas grooming, boarding, and day care are likely to incur higher costs due to the need for physical (or mobile) premises.Īs a business owner, you can set your prices and profit margins to suit your business type.

However, in terms of costs, they vary widely depending on the specific type of business you run. Overall, pet store sales in the US generated revenue just under $21 billion in 2020 and are forecasted to reach $23 billion by 2023. It’s clear there’s a market and interest in pet stores, but are they profitable? In the last few years, Google Trends shows that interest in “pet store” searches in the US has increased over time:Īccording to the American Pet Products Association, in 2020 alone, US pet owners spent $103.6 billion on their companions (with just under half of that being spent on food, treats, and other services). It’s no different running a pet business. Before you even start a small business, you’ve got to think about whether or not your idea is profitable.

Petz 5 directory