How To Start An Online Pet Supply Business…Billion-Dollar Industry
Would you like to open up your own online pet store and tap into a part of the 40 billion dollar pet industry? Pets, especially dogs are about 63% of American households. About 37 million of those households own a cat and 45 million own a dog.
So with this said, the market for pet supplies will definitely be steady. This niche market is actually growing annually. So I would actually say that wanting to learn how to start an online pet supply business is a great idea.
Note: You can start an only pet supply business by becoming an affiliate. You can sell pet supplies for other companies. Many of them would supply you with a turnkey website. Your job would be to generate traffic and lots of it in order to sell products. It’s all a numbers game. Following is a link with a list Of Affiliate pet supply sites. Register and start working on your online pet supply business.
In the article below by Rick Suttle, he will explain how to get started…step by step. I would say this is the long, hard way to do this. Becoming and affiliate and selling other people’s pet supplies and getting a commission from your sales is actually a much easier way to go. Enjoy the article.
by Rick Suttle, Demand Media
Starting an online pet supply business with a shopping cart is like starting most other Internet businesses. You will need to research other pet supply online businesses to determine which products sell best online. Take notes on how competitors arrange their websites and feature products.
Notice the prices of various products for which online pet supply stores sell their merchandise. Make a list of products that you want to sell, including items, such as dry and canned foods, collars, leashes, bowls and toys.
Create a catchy name for your online pet supply business. Register your business name as your doing business as through your county, state or city, according to Business.gov. Apply for a vendor’s license simultaneously as you will need to pay sales taxes on in-state online customers.
Finance your online pet supply business with your savings or part of a retirement fund. Apply for a loan at your bank, if necessary. Contact the Small Business Administration for a loan at SBA.gov. Create a three-year sales forecast for your business because you will need it for an SBA loan.
Find a wholesale or manufacturer supplier for you pet supply business. Contact the Pet Industry Distributors Association through their website at Pida.org. Ask your contact person for a list of pet supply wholesalers. Visit the National Association of Wholesaler-Distributors at Naw.org. Go to the Thomasnet.com website to search for manufacturers that sell pet supplies.
Contact some of the manufacturer and wholesale suppliers. Make sure the wholesalers and manufacturers sell the products you want to market. Ask the wholesalers and manufacturer suppliers if they offer drop-shipping services. Choose a supplier with a drop-shipping service, for example, if you want to avoid carrying inventory. Select the manufacturer or wholesaler supplier that provides you with the lowest unit cost on pet supply products.
Acquire a merchant account through your bank for your your online pet supply business. Retain your merchant account information for your website.
Create a website for your online pet supply store or hire a web designer to create it. Download your shopping cart software onto your website. Ask your wholesale or manufacturer supplier for pictures of products. Include all your products and prices on your website.
Create an Internet address or URL for your online pet supply business. Use your business name within the URL like “Acmepetsupplies.com.” Find out if your URL is available through Godaddy.com or Register.com. Purchase the URL if it is available.
Find a company to host your website, such as Yahoo.com or Godaddy.com. Pay the annual hosting fee. Use the instructions of your web host to upload your website URL. Call your website host company if you need assistance in uploading your website.
Advertise your website in major search engines such as Yahoo.com, Google.com and Altavista.com. Hire a search engine optimizer to help you achieve a first-page ranking in these search engines. Assist your search engine optimizer by creating a list of three- to- five-word phrases that best describe your business, according to Businessinsider.com.
Place classified or small display ads in trade publications pertaining to pets that include dogs and cats. Include your website address in all of your ads.
To view this original article, “How To Start A Pet Supply Business With A Cart,” click here.