The profit level of pet shops depends on the overall situation of the industry.
It can be seen that the overall trend of the pet industry is constantly upward. This is because the national economic level is developing continuously. Now people can keep pets and give them better living conditions. Naturally, more professional pet shops are needed to provide professional pet services.
Generally speaking, the gross profit margin of the pet industry is 60% to 80%, which can be said to be very high. If it can be operated well, it can be said to be a very rich return.
Although the pet shop is profitable, it is necessary to open a high-quality shop with a lot of business.
Choose a suitable pet store address before opening.
First, because many people have seen the business prospects and market profits of the pet industry, it is estimated that the reserves are huge; Secondly, it is because those investors are newcomers and lack experience in opening stores in the industry.
The location of pet shop is the key factor to the success of opening a shop. Many people think it's good to open a pet shop in a place with a particularly large flow of people, but it's all wet. For example, the residents of shopping malls and pedestrian streets are not very dense. Everyone is for leisure and will not go to the pet shop. Pay attention to the convenience of users when opening a pet shop, because the service scope of a pet shop is generally within 3 kilometers, and customers are too lazy to bathe their pets and take them to the pet shop for a long distance! Therefore, it is a good choice to open a shop in a place where customers are "at your fingertips" and to open a pet shop around dense communities, university towns and dense office buildings. But at the same time, we should also look at the situation nearby.
Be cautious about the scale of early investment.
The choice of investment scale must not be taken for granted according to its own positioning and grade, but according to the local consumption level, population density and opponents' situation. For example, there are many small brands or mom-and-pop shops around the store you choose, so you also open a small shop, so how can customers notice your store at a glance? Or if your store chooses a good neighborhood, you should open a good pet shop to match it.
Pre-brand selection
The choice of pet store brand is very important for pet store investors, and a good brand choice is conducive to future development.
Summary:
Because the threshold of this industry is low, it doesn't need much capital investment and the risk is relatively low, so many people rush in, which leads to the transfer of shops. In fact, making money is making money, but any profitable investment is not as easy as imagined. Watching others make money and prosper, not insisting on it, not operating it, just waiting for customers to come to the door, it is impossible to succeed.