To: Glenn D. Rudolph who wrote (4456 ) 5/18/1998 12:44:00 PM From: Platter Read Replies (1) | Respond to of 164684
Any views on PDEN as another AMZN...Taken from MoneyWorld..." PetQuarters, Inc. (OTC BB: PDEN) Pets + Internet = Blockbuster II PetQuarters is a savvy retailer focused solely on the Internet, it is set to be one of the dominant players of the 21st century. Every few years, a new trend makes entrepreneurial history. The franchising of video rentals, for example, and warehouse-sized depots for home handymen. But now comes the greatest trend of all. It's Internet mass marketing - where the traffic is growing at an incredible 30 percent a month. (Amazon.com, Inc., world's largest book "store," has a half-billion dollar market valuation after only two years.) It's a new kind of shopping. No crowds. No driving around. No "Sorry, we're out of stock." No walking the aisles. No waiting in line. No high prices (everything is discounted). Good, too, for the retailers: An Internet "store" is a just a bare-bones warehouse- and low overhead = low prices. Remember Blockbuster Video? Is history is repeating itself with PetQuarters, Inc. (OTC BB: PDEN) and the selling of pet supplies on the Internet? Amazing PetQuarters Inc. petquarters.com Consider these facts. Fifty-six percent of Americans own a pet, and spend $26 billion a year on supplies. Pet owners are increasingly buying high-priced nutritional foods, and paying for sophisticated medical care Pet products are now incredibly varied, with over 25,000 different choices. But even super-stores can only stock about 3,000 selections. All this was noticed by a young Arkansas businessman, Matthew Hoff, who has an unblemished 15-year record of building successful companies. He knew about Amazon.com, and thought, "Why not pet supplies?" The result is PetQuarters, Inc., soon to be the world's largest pet supply superstore on the Internet. Products can be displayed in full color. Order 24 hours a day, 365 days a year, with UPS deliveries. Prices are equal or BELOW that of pet discount stores. "I just follow the basics of good business," Hoff, 39, said in a recent inter-view. "Find a promotable product. target your market. keep costs low. hire good people, giving them plenty of incentive. and watch the numbers. Just do that, and you'll do fine." Why does he especially love pet supplies for the Internet? "Because it's a huge, growing, fragmented industry that sells necessities," Hoff said. "Let's face it, there's little enjoyment in buying pet supplies. It's just something we have to do. "That's why the Internet is ideal. It eliminates what we don't like doing." PetQuarters takes shape So much is happening.so quickly. PetQuarters, Inc. has just moved into a 55,000-square-foot warehouse on ten acres, in Lonoke, Arkansas, near Little Rock. PetQuarters' Web site is a fantastic full-color visual experience. PetQuarters is also building its own "mall." Visitors will order accessories from other companies, who will pay a 25 to 30 percent commission on sales. Finally. Business started coming in to petquarters.com even before the furniture arrived. before the advertising got started. before hardly anyone even knew the company existed. But that's what happens when a great idea is born. The word gets out. people track you down. Today, the 50 million personal computers in the U.S. already provide a customer base for PetQuarters that is far greater than any pet store chain. As a savvy retailer focused solely on the Internet, it is set to be one of the dominant players of the 21st century. (OTC BB: PDEN) For More Information CLICK HERE. ADVERTORIAL See Disclaimer"