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Thread: Are there any vets or people in the vet indusrty here?

  1. #1

    Default Are there any vets or people in the vet indusrty here?

    Hey Team,

    Hope you are well!
    I have a question for a vet or someone who sells to/buys for vet clinics.

    If there is anyone here it would be greatly appreciated to hear from you.

    Talk soon,
    J.
    Feel free to have a look at our canine health supplement site - kingly-pet.com

  2. #2
    Join Date
    Apr 2012
    Location
    Bunbury
    Posts
    1,378

    Default

    Why not just ask the question?

  3. #3
    Join Date
    Aug 2009
    Location
    Adelaide
    Posts
    12,583

    Default

    why not just ask a vet clinic? Doesn't seem appropriate for here to be asking.

  4. #4

    Default

    Hey Farrview, well I just don't feel it is an open discussion type of question. I also have asked a question - "Are there any vets or people in the vet industry here?"

    Hey Hyacinth, it is a question that would be hard to get out of a vet directly, so I thought due to this being a community I could talk with a fellow member. There is nothing untoward going on, just looking for some help from another member. If there is no-one that fits the description of the question, then the thread will move away slowly and that will be that.

    If what I have done does not fit, please feel free to delete the thread. I am really sorry if this is not acceptable and have in no way tried to mislead anyone.........

    Cheers,
    J.
    Feel free to have a look at our canine health supplement site - kingly-pet.com

  5. #5
    Join Date
    Apr 2012
    Location
    Bunbury
    Posts
    1,378

    Default

    Odd, this is an open discussion forum! Oh well..

  6. #6

    Default

    Kingly Pet, this forum is populated by a lot of people with an extensive combined knowledge base. If one of us has been through what you seem to be going through then maybe they will be able to advise you, after all, that is what this forum is for - asking for help and hopefully receiving a useable answer.

    So set out your issues and see what you get back, there is no need to be shy, we are all adults.
    Nev Allen
    Border River Pet Resort

  7. #7

    Default

    OK, you all seem to want to hear it. Please take note that I didn't want to ask this hear as I didn't think it relevant.

    I am trying to find out what profit percentage a vet/pet store would expect to make on a natural canine health supplement like Sashas Blend (just a product most people know).

    Cheers,
    KP

  8. #8
    Join Date
    Jan 2012
    Location
    Melbourne VIC
    Posts
    607

    Default

    I'm not sure if this a correct answer for you, however, most business that create a product will sell it at a profit of approximately 3/4 x the cost. Eg, if it costs $25-30 to make a product, they will sell it for $100 RRP. This is because if/when they decide to sell it wholesale then they sell it to the distributor for 40-50% of RRP so they can off load in bulk and make money and the distributor can make a profit too.

    Does this help answer your question?

    Do you have a new supplement you are trying to promote? If so, I know someone that may be able to help you with these answers.

  9. #9

    Default

    Hey Belinda,

    Thanks for the reply!
    So at this stage I am just trying to find what the vets/retailers expect - 30,40 80% profit on wholesale.
    We are not looking to use a distributer yet, we would prefer to keep control of the product until we feel it has a solid foundation of retailers.

    We have a new product that we are looking to slowly take to retail in a couple of countries.

    Cheers,
    KP

  10. #10

    Default

    Profit margins are very different between industries/products. One company i worked for were happy with 30% net profit(cost x 1.3) whereas another company i worked for would accept nothing less than 30% gross profit( cost/0.7). Supermarkets on the other hand run on very small margins because of their high turnover. I have no knowledge of what the vet industry expects but i would imagine 30% GP would be a min.

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