Nearly 90% of pet parents agree that pets contribute to a stronger sense of community.
The Northeast has highest percentage of dog owners (61%) who chose their dog over having a child, followed by West, Midwest and Southwest.
Pet parents more likely to use traditional advertising for information are ages 45-54 (46%, vs. 36% ages 18-34) per the Harris Poll data.
Almost half of consumers said they'll cut back on restaurant dining as inflation hits 40-year highs.
"Retailers should capitalize on industry growth by honing in on their competitive advantages and competing from all directions," says Acosta's Colin Stewart.
Breaking into an already saturated market that's extremely competitive is challenging enough, never mind if you don't have the budget to back it up. That's what start-up company Puppo came up against.
The challenger brand didn't have the resources for large scale advertising. So they decided to break through the noise of the established brands with a hyper-targeted and
Study: Pet owners are the new parents, and young people especially see pets not as a luxury, but as a necessity to splurge on.
Instead of serving up communications laden with complicated bullet points, it created Shazam-enabled print ads and challenged veterinarians to test their OA knowledge with a quirky quiz show.
The Farmer's Dog knows a great deal about each individual dog and can capitalize on that knowledge by suggesting subscriptions, and it can use relevant messaging even to those who haven't subscribed.