Forecast of pet material industry development trend in the next five years (2024-2029)

2024-07-13 14:33
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First, the pet material industry is currently facing opportunities and challenges

In today's fierce market competition environment, domestic pet material industry enterprises, including distributors, are facing unprecedented challenges and opportunities.

On the one hand, under the competition in the pet material industry, there is a hand-to-hand battle between enterprises and enterprises, and the price war has reached the limit, making it difficult for many enterprises in the pet material industry to continue, and those leading enterprises with big names and big waists are also removing their hands from the market. On the other hand, the rapid growth of the domestic pet material industry market has brought huge market growth space. In the same market environment, enterprises that can seize the opportunity to develop rapidly, some enterprises in the pet material industry can not withstand the test of the market, there will inevitably be integration or development difficulties, and the operation is difficult to continue. The advantage of some of the leading players in the pet materials industry is that they can be close to the community and customers by reducing the size of their single store.

On the other hand, through the chain relationship between stores, expand the scale of the enterprise and unify the corporate image. Through centralized procurement, sharing technology, management, customers and other resources, can effectively reduce the operating costs of single decentralized terminal sales. So they have a lot of room to grow. The improvement of product quality, the trend is more and more clear, but also bring more space for development. For now, however, the domestic model seems to have few winners. Most are loose product sales alliances established by suppliers in the pet material industry to promote their products. These franchised chain organizations can only achieve the unification of the image and the centralized procurement of some products.


Second, the significance of the rapid change of business philosophy in the pet material industry

A successful pet material industry business model must first have a clear positioning and ideas. We should calmly analyze our strengths and weaknesses, opportunities and threats. It is necessary to have clear development ideas and mature strategies and tactics. Before the market matures, we should preemptively change our business thinking quickly and seize the first opportunity.

Our business model should be flexible when it comes to changing the mindset of business processes in the pet materials industry. Take the road of characteristic management, that is, differentiation management strategy. In order to maintain continuous innovation, we should create a clear difference between our business and our competitors, and this difference is what our customers need. We should get used to learning how to better meet the needs of end users while satisfying the needs of network unit users.


Three, the integration of pet material industry technical services

Changing the business philosophy is the premise of taking the road of pet material industry. However, it can be most persuasive when it turns concepts into action. In this regard, we need to make more efforts in terms of technology and services to meet the arrival of a new era in the pet material industry. In terms of technology and services, we must first establish a sound information management system. Including new product information, technical information, competitor information, customer information, market information, etc., and timely analysis, processing and communication of the collected information.


Fourth, rapidly change the growth momentum of pet material industry enterprises

pet material industry enterprises should establish a sound internal management system and various work processes. The importance of strengthening on-site management and strictly implementing a complete internal management system are the basis for the development of enterprises in the pet material industry; Sound and scientific work flow is the premise of normal operation of enterprises; Strict site management is the embodiment of enterprise work standards.

Effectively shifting from "selling products" to "selling services." The differentiated management of pet material industry enterprises can only achieve results from the service. We should fully realize that products can create value and profits, and services can create higher value and greater profits. However, with the further maturity and development of the pet material industry, the industry competition will become increasingly fierce. Poor operation and management, declining industry profits, will eliminate a large number of operators. Large pet material industry enterprises with strength, technology, management and strategic vision will stand out in the fierce market competition.