3 thoughts on “What other “fields” are good for entrepreneurship?”

  1. The pet industry has become a new consumer hotspot industry in the economic life of Chinese people. The industry estimates that the pet industry is expected to exceed 1,80 billion yuan this year, including living trading, pet main grain, snacks and supplies, pet medical care, etc.
    If you want to start a business, you can consider from the following three aspects. One is the main food brand. One is the pet medical industry. One is to open a pet shop by yourself.
    Pet food entrepreneurs

    It’s main grain brand, in terms of pet consumption per capita in my country, pet grains still account for 30 % of the overall consumption amount (data comes from major domestic e -commerce companies in China )
    In recent years, the number of cats and dogs raised by urban and rural residents in China has increased at an average annual rate of 8%. It can be said that there are more and more “pet popctions” to be fed. According to data revealed by the industry, the average profit margin of this industry is about 30%(this is more apparent on the mature brand). On the contrary, the profit margin of the new brand can reach 50%, and the market space is still very attractive.
    It if you want to start a business in this industry, the advantage is that the market is still expanding, and then the domestic foundry is very developed. You do not need to own your own physical factory, and the early investment is relatively small. The disadvantage of the market brand is fierce, and consumers have a certain degree of recognition of the brand. As a newcomer, you will be a bloody path to welcome you. Therefore, you must pay attention to the health and nutritional balance of food, touch the pain points of consumers (consumers in this market are getting more and more mature, everyone does not recognize the flower shelf, it is more to recognize the product itself), and at the same time assist the necessary marketing. In order to start a little fame.
    Pet medical entrepreneurship
    It estimates in the rows that the Chinese pet medical market in 2016 was nearly 15 billion yuan, with an annual growth rate of 30%. At the end of 2015, the average pet flower was sold for 341 yuan, and the industry’s development space was huge.
    The pet medical industry is a standard high threshold, high -tech, and high -profit industry. If you don’t have professional technology and huge capital, it is recommended that you not enter this industry. on the contrary.
    The pet medical industry’s competitive pattern is scattered. Although there are some powerful companies in the industry, they have not yet formed a national monopoly position.
    The industry leading enterprise Rui Peng, with Shenzhen as the stronghold, has been in the city in recent years. The number of stores across the country is about 200. However, the number of stores accounted for the entire country, only 1.2%, and the income ratio was less than 1%.
    The pet medical industry has no government pricing, so the “high charges” of this industry have been controversial. The average profit margin is between 50%and 70%. It can be said that friendly technology can make money. However, the problem comes. As of 2016, a total of 91,000 people in the country have obtained practicing veterinarian qualifications, including 64,000 veterinary veterinarians, 27,000 practicing assistant veterinarians. Excellent talents have become bottlenecks that restrict the industry’s good and rapid development.
    In short, if you want to start a business in this industry, don’t enter the industry without two brushes. Unless you are particularly rich, you can hire others to work for you.
    Pet shop entrepreneurial
    In recent years, pet shops in urban communities have sprung up. Behind this is the “front desk manifestation” of my country’s pets, and the gradually explosion of pet consumption. According to industry estimates, there are currently at least 30,000 in pet stores in China. Most of these pet shops are concentrated in first- and second -tier cities. In some prosperous areas, they have become saturated, but there is more room for development in third- and fourth -tier cities.
    The benefits of opening pet shops, small investment, low thresholds. Why do you say that the investment in pet shops is small? Generally, in cities like Beijing, 60 square meters of shops, you have to take it down and 100,000 can be done. It is estimated that the second, third and fourth -tier cities are cheaper.
    The biggest source of profit for the general pet shop comes from two major pieces, one is living and selling, and the profit margin can reach several times (that is, a dog with a cage price of tens of hundreds of yuan, you can sell it for a thousand, a few, and a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, a few, and a few. thousand). One is pet food. Many not so well -known brands of pet food can often give about 50%of the shop owner.
    , although the threshold for pet shops is not high, you need to work smoothly and need kung fu. This area is very common. The reason is that if the shop owner is not diligent and cannot keep the store, there are not a few brushes (for example, you will be beautiful, you will take a bath). You are going to outsourcing all outsourcing to your employees. It is estimated that your profit margin will be discounted.
    At present, there are still a few truly powerful offline pet chains in China. Although there are many joining business, the signboards that are added to join can bring you how valuable things, you can ask more in the market.

  2. If you want to start a business, it is recommended that you choose a suitable entrepreneurial project to see if you have the qualifications of related projects. After finding the right project, you work hard to work hard. Of course, funds need to be considered during the entrepreneurial process. If you start the funds with limited funds, you can solve it by a small loan.

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  3. The “White Paper of China’s Pet Consumption Trends in 2021” released by Iri Consultation predicts that by 2023, the scale of China’s pet industry will reach 445.6 billion yuan. “White Paper” shows that the Chinese pet industry has entered a period of stable maturity in an orderly growth. The market size in 2020 is close to 300 billion yuan. Emotional consumption, the pet industry will continue to grow steadily in the next three years. The compound growth rate is expected to be 14.2%. By 2023, the industry scale will reach 445.6 billion yuan.
    The pet industry is covered: pet food, pet supplies, pet accessories, pet medical care, pet health, pet fostering, pet beauty, etc. As far as the current domestic market is concerned, pet food is absolutely dominated, and other fields are to be developed. At present, there are no giants in the pet industry, and pet companies such as Petty, China Pets, and Easy Pet Technology have developed well.

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