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[📄Report] Pet Products Category Retail Ecommerce Industry Trends, Oct 2023
👉 THREE KEY FINDINGS IN PET PRODUCTS CATEGORY
We have published the The State of Retail Ecommerce for Pet Products Category, Oct 2023. There are three key findings that stood out to us:
1. Falling RepOOS% with a continued investment into inventory on hand indicates a healthy position going into Q4.
2. The category is facing strong tailwinds with increasing gross margins and revenues despite reduced traffic.
3. Ad Spend and discounting has increased, indicating an overall focus on growth for the category, supported by improved margins and price levels.