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Return To Pets Article Archive   Raining Money in the Pet Industry By Jeremy Gauthier 63% of the US households own a pet. Thats almost 65 million homes that have pets in them. 45% of the US households own more than one pet. Do you see the dollars signs popping in your head yet? Consider this; the pet industry is the fastest growing industry with the fewest new businesses in it. Now you see the dollar signs? $15.2 Billion is project for pet food spending this year. So whats in it for me? You ask. Lets list a couple of businesses that you could start, some franchised most are not. Pet Food Delivery is a new and popular growing trend in America. There are a couple of small franchises available to buy into. But with a little capital and some networking you can gather a small list of manufactures or suppliers that will sell you pet food cheap. Do some marketing and you are off. Not that easy, but you get the gist. Home made dog food is quickly becoming a popular choice in pet food. People are making home made doggy treats, home made dog food and even home made all natural products for a healthier alternative. Just check your local laws before you start selling you home made goods. $9.4 Billion is projected in the Vet Care industry this year. Ill admit its not going to be easy to crack into this sector; you need lots of schooling to become a Vet. But still keep an eye on this, because you still have the opportunity to sell goods inside a Vets office with the right marketing plan. An inventive mind will come up with all kinds of services and goods that you and the Vet can partner up with. $9.4 Billion is projected in the Supply and Medicine industry this year. Again this is a little hard to break into unless youre a chemist. However there are always opportunities to be made in every sector. There are a few websites out there that do sell pet medicine. With the right business plan and paper work, you too can start a lucrative pet medicine business. But for those who need to start a little smaller, there is 1800Petmeds.com. Start selling their products through your own web site and get a percentage of the sale. As for the Supply part of the projection, there are plenty of opportunities here. With enough research you can find the right suppliers or drop shippers to open your own pet supply website or store front. $2.7 Billion is projected in Pet services this year. This is a growing market that more and more people are spending their money on. In my opinion its going to be the fastest growing market in the pet industry this year. You name it its out there. Ive seen pet spas to pet hotels and even mobile pet grooming vans that come to you. Pet daycares are popping up in every town so your little companion will not have to be alone at home all day while you work. There are pet massage therapies, pet sitters, pet walkers and even pet Yoga. Ive seen pet aroma therapy and acupuncture therapies for your beloved pet. Dont laugh but there is even a fast growing pet poop scooping industry. Take your pick, almost all of the pet service except grooming, can be started without too much knowledge and in some cases very little capital. Still dont know where to go with all this. How about special occasions for your best friend, after all he is part of the family. Here are some more stats. $31.6 million dog owners purchase Christmas gifts for their dogs. $9.8 million dog owners celebrate their dogs birthdays. Wait theres more opportunities. Since pets are more like family members now more than ever, they too have pictures of themselves on the mantel. 39% of American pet owners display their pets picture in their home. 16% of Americas pet owners keep a picture of their pet in their wallet or purse. Pet photographers are sprouting up everywhere; you too can take advantage of this growing sector. Striking on the family string a little more, pets are remembered just like other family members. There are some companys that cater to the deceased pets of families. They sell small caskets and urns. Other companies will offer to clone your dog. Even more business ideas and franchises are out there. Visit Metro Pet Supplys Pet Business section to get the latest on the pet business and industry news and articles. There are still so many opportunities in the pet industry. Since it is still in its infancy, anything can happen. Just dont delay, big money is always earned by the first comers and then by the people who innovate whats already hot on the market. So get out there start today, even if its research, write a business plan and get it done. About the Author: Written by Jeremy Gauthier www.MetroPetsupply.com Online Pet Supply Directory is more than just a directory. We offer news and articles about all things pets. Check out the Pet Business section for all the latest news and articles in the pet industry. Breeders Cat

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