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Because
Pets Don't Shop...
The
fall of online pet supply retailing?
On November
7, 2000, the popular online pet supply retailer, pets.com
announced that it was closing its virtual doors. Orders from the site
will cease as of November 9, 2000. Many people were familiar with this
online retailer because of their popular television commercials featuring
a sassy sock puppet of a dog. The sock mascot urged people to buy from
the site because "pets can't drive".
While
many online companies (dotcoms) have suffered in the stock market this
year, Pets.com has the dubious honor of being the first publicly traded
company to completely close the business.
Huge
Supply of Pet Supply sites
When I was still in training for the Guide duties at About (then the Mining
Company), I couldn't help but notice the many the online pet supply sites
out there. New ones appeared each day, and the sites were huge! Some of
the early ones, dogtoys.com and Petopia are still there, while others
have merged with other pet retailers - i.e. PetStore.com
merging with Pets.com (June 2000), and PetQuarters
acquiring WeRPets (April of 2000). Many of these mega sites have/had
veterinarians on staff to answer questions, write articles, and help pet
owners select appropriate products for their pets. Chat rooms, message
boards, and other community areas, such as polls and photo contests are/were
available for site visitors, too.
Plenty
to offer
These sites offered premium convenience for pet owners, a huge inventory
to choose from, online veterinary articles/advice, and attractive graphics
to boot. One feature of the online pet supply market that seemed like
a great idea to me were programs like Petopia's "bottomless
bowl" plan. Sign up, and you were offered a discounted price
on the pet food(s) you had selected, AND Petopia would be responsible
for making sure Fido's bowl won't ever be empty - shipping regularly scheduled
parcels of your selected food to your door. Additionally, in July of 2000,
Petopia
partnered with Pethealth Inc., a Canadian pet health insurance company,
to be able to sell pet insurance online at the Petopia site.
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"Orders
for the puppet poured in, but critics wondered whether it was a
good sign that one of the best selling items in a store selling
pet products was a toy for humans. "
-
Andrea Orr (Reuters)
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So why the fall?
With the abundance of products and services offered, why are giants like
pets.com closing their virtual doors? Do people prefer shopping in traditional
"brick and mortar" stores after all? I know that shipping 40-50
pounds of dog food or cat litter has to add up cost-wise, and there isn't
a large profit margin built into those products as it is. Also, if you
decide to buy a new leash and collar for your dog, most pet supply stores,
like PetsMart
and PetCo allow
you to bring your dog in the store to try out products - make sure they
fit, look good, and that your pet is pleased with your selection. This
can be hard to do online.
PetCo
and Petopia may have merged the best of both worlds -- brick and mortar
(PetCo) and online (Petopia). Time will tell if this is a viable combination
for both markets.
What
is your opinion?
Do you shop online? Why or why not? Share your experiences in the forum
- good and bad, to help others decide what is the best shopping choice
for them and their pets. Thanks for your time and input!
Related
Links
MORE
- News about the closing of pets.com
Pets.com
Petopia
PetsMart
PetCo
PetQuarters
MORE Online
Pet Supply Vendors
Text: Copyright © Janet Tobiassen Crosby. All rights reserved.
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