That Monday Thing + PetNoPia 2.0
Seems alot of the outside world starts again here today; Hughesy backnmarried on the radio, Mattey courtcase Newton is on the afternoon shift on Nova (him and akmal are actually really funny... or maybe not I just read, be on radio that is), and workers are going back to the CBD. I'm into Melbourne today but it doesnt seem the Pet business is going online again, with the same execs anyway or with an ecommerce angle (a social network angle is ok and growth rates/market size seem ok too:) :
SFGate : "The premise of online pet supplies looked financially viable when Newman, a Harvard MBA, crunched cash registry data with co-founder Brian Sherman. The two discovered that the average pet store transaction was $35, which included low margin pet food plus a substantial chunk of more profitable toys, treats and shampoo. They figured the shipping costs would enable them to break even on food, but profits could be made on pet accessories."
SFGate : "The premise of online pet supplies looked financially viable when Newman, a Harvard MBA, crunched cash registry data with co-founder Brian Sherman. The two discovered that the average pet store transaction was $35, which included low margin pet food plus a substantial chunk of more profitable toys, treats and shampoo. They figured the shipping costs would enable them to break even on food, but profits could be made on pet accessories."
posted by redbarren at 7:48 AM
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