The Impact of COVID-19 on Small Businesses – May Monthly Update
Still slowly moving in the right direction but recovery will take some time, likely 6+ months.
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
Still slowly moving in the right direction but recovery will take some time, likely 6+ months.
Tariffs end 24 months of strong growth!
Widespread, major negative impact. Key Business measurements are at least starting to move in the right direction… but very slowly!
If you thought that March numbers were bad, wait until you see April!
The impact of the FDA grain free dog food warning slows as spending turns up in the first half of 2019.
A strong February, then …. the turmoil of March!
The Internet/Mail Order retail channel passes Supermarkets to take the lead in $ales!
The biggest driver in the 2019 increase was… inflation!
As Boomers fade, the younger groups step up for more balanced spending and evolving demographics.
Now we will turn our attention to the final Industry Segment – Veterinary Services. We’ll see some similarities to Services but some big differences from the Product Segments. For years, Veterinary Services prices have had high inflation. This has resulted in CU income becoming the most dominant factor in spending behavior and a reduction in […]