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Ever considered starting your own online pet store? Perhaps, it’s constantly on your mind but hasn’t quite made it past the drawing board to execution. Like every other ecommerce business, starting an online pet business has its pros and cons.
However, before that stops you from starting, it’s noteworthy that more than 70% of U.S households own at least one pet, according to a 2021 APPA National Pet Owners survey. This amounts to more than 90 million households with pets – and potential customer base. From $90.5 billion in 2018 to $97.1 billion in 2019 and $103.6 billion in 2020, pet spending has continued to increase over the past few years. The pet business can be quite profitable, and this may be the best time to sell pet products online.
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