GPS for Pet Business, Building Your Company with Strategic Data Analysis & Planning
PIDA members who are looking for a better way to understand their markets have a new resource in their corner. John Gibbons, author of the monthly PIDA Pet Economics Report, is now available to help distributors get a better handle on their business drivers through strategic data analysis. Strategic Data Analysis digs deep into sales data that every distributor has, but few know how to analyze effectively. This is a custom program that will be uniquely tailored to each PIDA member. There is no charge for initial consultation, up to 1 ½ hours. Once a plan is agreed upon, an initial retainer of $1,000 will be charged against an hourly rate of $100. (Learn more)
2016 Cross-Industry Compensation Survey now Available
PIDA has joined together with more than 35 other distribution organizations in sponsoring the largest cross-industry compensation survey ever conducted. Volume I of the final report focuses on the data collected for PIDA distributors as a group. Volume II aggregates the results of the entire sample which enables an in-depth examination of the data by both geographic area and firm sales size. This report is free to participating distributors. Non-participating PIDA members can purchase the survey for $295 (non-member price: $595). Order your electronic copy ONLINE.
PIDA Members Endorse New Credit Exchange
PIDA has partnered with Inet Credit Exchange (ICE) to create an industry exchange that will help our members make faster and more accurate decisions when extending credit to independent pet stores. ICE has a track record of reducing bad debt within an industry ... read more.
2nd Annual Pet Industry Leadership Conference, January 30- February 2, 2017, Montage Laguna Beach.
The Pet Industry Leadership Conference is attended by nearly 300 of the pet industry’s leading voices, including CEOs, CFOs, Owners, V.P. Sales & Marketing and other C-level executives. All segments of the pet industry gather in a non-trade show setting, where the emphasis is on problem solving, not selling. Hear keynote speakers whose achievements are celebrated worldwide and learn how can help you stretch your goals. Get updates on the latest issues affecting the pet industry. Take part in the peer-to-peer dialog in a relaxed, resort environment that encourages collaborative thinking in a beautiful beach setting that offers a welcome respite from January's bitter cold. (Learn more)
PIDA Announces Changes to the Annual Performance Benchmarking Program
Each year, PIDA administers the Performance Benchmarking Survey program, which provides distributors and suppliers an opportunity to evaluate each other in three key categories: Sales, Marketing & Promotions and Logistics & Operations. The compiled results are sent to member organizations in the form of the Performance Benchmarking Report Card. This confidential report has become a useful tool during the Executive Conference portion of the Pet Industry Leadership Conference. To provide a more thorough evaluation of distributors’ practices, PIDA is expanding this program, allowing non-member suppliers the opportunity to evaluate PIDA distributor members. PIDA distributors who wish to take advantage of this opportunity should contact PIDA at marci@kingmgmt.org, for details.
Global Pet Expo Reports Record-Setting Year
Global Pet Expo 2016 experienced record setting attendance and new product launches during the three-day show. Now in its twelfth year, Trade Show Executive Magazine's (TSE) "Greatest Show on Earth," Global Pet Expo, presented by APPA and the Pet Industry Distributors Association (PIDA), featured more than 320,000 net square feet of exhibit space (nearly 10,000 feet larger than 2015), to accommodate the growing numbers in booths and attendees.
In 2016, Global Pet Expo experienced an impressive spike in domestic buyers at 4,679, an 8.4% increase over last year, with a total of 6,170 buyers in attendance ... read more.
Pet Ownership Saves $11.7 Billion in Health Care Costs . The Human Animal Bond Research Initiative (HABRI) Foundation today announced the findings of a new economic study on the healthcare cost savings associated with pet ownership. The economic analysis, conducted by two researchers from George Mason University, calculated an $11.7 billion savings in U.S. healthcare costs as a result of pet ownership ... read more.
Global Pet Expo 2017 — Attendee Registration is Now Open. Registration for the 2017 Global Pet Expo is now open to qualified buyers. Join the growing number of pet retailers who attend the pet industry’s premiere event! Take advantage of over 30 free educational programs and 3 full days on the trade show floor. At Global Pet Expo, more than 1,000 companies from around the world showcase the latest and greatest products available for all types of pets including dogs, cats, birds, fish, reptiles, small animals and horses. The Show features 13 football fields’ worth of pet products, more than 3,000 product-launches and 150 first-time exhibiting companies. Ranked one of the top 100 trade shows in the nation by Trade Show Executive Magazine, the Show has also grown in recent years with added special sections including the "International Pavilion," "Natural Pet," "Boutique," "Everything Aquatic," and "What’s New!" Learn more and register online
Pet Industry Spending Makes History, Surpasses $60 Billion
Bob Vetere, president and CEO of the American Pet Products Association (APPA), announced at Global Pet Expo, an annual trade show presented by APPA and the Pet Industry Distributors Association (PIDA), that overall spending in the pet industry for 2015 came in at a record $60.28 billion. The spending figures are part of APPA's annual comprehensive report that covers pet spending in the market categories of: food, supplies/over-the-counter (OTC) medications, veterinary care, live animal purchases and other services.
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