In this episode of " Bella in Your Business: Pet Industry Business Podcast," I discuss three pet business trends I see right now that you should be jumping on. As a former pet business owner myself, I can recognize pet business trends such as: Standing in your own power when communicating price increases to clients, and considering virtual consultations as a way to streamline your processes and save time. Lastly, take note of the increasing number of pet walking and sitting companies also offering dog training services.
What pet business trends have you been seeing lately in business? Does anything big stand out to you? Let me know! Also, if you're thinking about numbers in your business, I will be discussing crucial numbers that are essential for every pet business owner to be aware of. Don't forget to tune in to stay updated with the latest developments in the ever-changing landscape of the pet business. Thank you, and I hope you enjoy it!
Topics Discussed and Key Points:
Three noteworthy trends currently shaping the pet industry.
Unique value proposition and why it is important to always look at the bottom line
The trend of virtual consultations especially for well-behaved dogs
The adverse behaviors caused by the co-dependency of dogs and humans in 2020 during the pandemic
Timestamps:
[00:13] Introducing today’s show about pet business trends
[01:08] Price increases
[03:24] Virtual consultations
[05:47] Pet walking and sitting companies becoming dog training companies
[07:31] Numbers you need to know in your business /next episode
[08:45] Meet Bella and share your business
Notable Quotes:
[00:01:15] “People are increasing prices because their profit margins are shrinking because inflation and employee wages are going up.” [00:01:23]
[00:02:16] “When it comes to reducing your costs, a lot of people need to look at their bottom line, they need to look at things like where are you spending money, where are you not getting your return on investment? You should get a return on investment on everything.” [00:02:29]
[00:02:56] “I do not want you paying someone to do something for 10 hours that could be really done in 2 hours. Stop complicating it.” [00:03:04]
[00:04:40] “If you have the right systems and processes and the right questions and the right onboarding for clients, you don't necessarily even need a consultation, but let alone you could do a virtual consultation, you actually could be pretty effective.” [00:04:58]
[00:06:44] “2020 changed you know us all and the dogs and the humans started really spending a lot of time together and they the humans kind of became codependent on the dogs to the point they don't ever want to leave them alone. And it has caused these adverse behaviors that almost need to be untied.” [00:07:01]
Links:
Resources
Podcast: Bella in Your Business: Pet Industry Business Podcast
Website
Marcus Sheridan
Petcare by Jessica in Connecticut
Jenni Peaceful Paws Petcare
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Transcript:
Welcome to another episode of Bella in your business. My name is Bella vasta. And today we are going to get into it, I had a really good question that was asked inside of one of my communities. And it was what are the trends that I'm seeing in the industry. And I came up with two and one of my members came up with one that I completely agree with. And we're going to dive into it today. But before I begin, I want to encourage you to like, and share comment on this podcast, if you have not already,