.Nice Little Niche You Have There
I met a lot of smart, engaging people at the TechCrunch party last Friday night. After a quick introduction and a squint at my name tag, they would inevitably ask about the Dogster story. We love telling our story so with a smile I gave it to them: we’ve been around for 2 years; we have 200k pets and 175k humans; profitable for the last 10 months; a huge feature set; a successful subscription service; the most passionate members ever; a smart and ambitious team; and plans to take over the world. After a laugh at my final statment about taking over the world, one guy said, “That is a nice little niche you have there.” “Thanks,” I said as we moved on to talk about his business for a minute before parting. His comment, however, stuck with me the rest of the night and through the weekend… nice little niche you have there. Hmmmm.
In marketing terms, a niche is a narrow market segment that can be easily identified and served. In my view Dogster & Catster (and the upcoming pets sites/countries that we expand to) are much wider than a niche. We serve the greater pet community and this community is huge. Consider these statistics on the US pet industry:
63% of U.S. households own a pet (69.1 million homes)
44 million households own a dog (74 million total dogs in US)
38 million households own a cat (91 million total cats in US)
$36 billion 2005 pet industry expenditures
I suppose you could call it a niche, but from where we’re sniffing it is likely one of the biggest niches out there. Dogster & Catster plan on serving this niche/industry/community and serving it well. For behind every pet dollar spent is a human and animal who love each other and if there is one thing we know well is sharing and reflecting that love and passion with our community.












I’m guessing if you dropped some revenue / profit numbers, his tune might change a bit.
People think they know everything. Until you casually drop how much money you are currently making from a “nice little niche.”
Then the know-it-alls usually perk up a bit, because chances are they haven’t *yet* created a decently profitable enterprise. They were too busy knowing everything. =)