OurPet’s Company (OTCQX: OPCO) features a number of innovative pet accessories, including toys, feeding and storage products, and waste management and odor control products. OurPet’s Company designs one-of-a-kind products that cannot be found anywhere else. Most products are patented, meaning they cannot be found under any other brand in the marketplace. OPCO is motivated by innovation and quality, and it is dedicated to understanding pet requirements, as well as the needs that owners have to keep their pets safe and healthy.
Founded by Dr. Steve Tsengas, OurPet’s Company offers two brands: OurPets®, for the pet specialty channel, and Pet Zone®, which works within the food, drug, and mass market channels. OPCO’s products are marketed worldwide through market specific retailers. Aside from OPCO’s marketing channels, the company is continuously implementing new systems to ensure it is up-to-date with technological changes.
OPCO is made up of a very small, organized team. In addition to having a small team, OurPet’s Company is specifically focused on product development, marketing, and distribution while keeping costs low. This means that instead of building office after office and warehouse after warehouse, OPCO focuses its financial resources on more important factors within the company.
OurPet’s Company’s efficient organizational procedures allow it to have clear goals for the future, both financially and within the market. The company aims for yearly sales growth of anywhere between 15% and 20%, as well as a targeted net income of anywhere between the range of 10% and 12%. OPCO is pursuing growth through strategic acquisitions, which offer the company a wide range of advantages compared to its competitors. The pet industry is still growing worldwide, which is allowing the company to continue developing and expanding. This means an expansion within the current marketplace and the ability to move into new markets.
OurPet’s Company is highly organized and prepared to handle the rapid revenue growth and return on investment it is currently facing. It has positioned itself well within a market that has grown by more than $60 billion over the past 10 years, and thanks to its well established ‘high tech/high touch’ reputation with its investors, it continues to be a key participator within an ever-growing industry.
For more information, visit the company’s website at www.ourpets.com
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