They spent a ton of money on advertising and it did not work or pay.
One of my favorite answers every February when I give up to six presentations on Super Bowl advertisers each year. Coming up next February 14th is Super Bowl LXI.
Pets.com’s business model could only “sustain” itself for just ten months.
As 2000 began Pets.com was a high-flying dot-com, with 300 employees and a sock puppet mascot.
Netted $82.5 million in their IPO.
Seventeen dot-coms were part of “The Dot-Com Super Bowl,” including RIP e-stamp, computer.com and lifeminders.com. Add one of my best examples and questions.
Every year I conduct research and give presentations on the excellent, good, bad and ugly Super Bowl spots which were up over $10 Million each without including creative, production or celebrity costs.
Going back to pets.com.
Even the voice-over artist for the “sock puppet” didn’t use pets.com and he said he didn’t know anyone that used the service. Yikes.
This dot.com spent $55.3 million in advertising, mostly on TV and generated only $5.8 million in sales? Pets.com’s cost of goods sold was $13.4 million, more than 2x their actual sales of $5.8 million.
Pet Smart bought pets.com’s web address for $375,000 in 2001.
After Pets.com liquidated, Hakan and Associates and Bar None, Inc. purchased the rights to the pets.com puppet for $125,000 in 2002.
Plenty of examples under the 9P's of Marketing? Planning- Product- Price- Place- Promotion- People-Partners- Passion and Presentation.
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I am an experienced, senior Forensic Marketing Expert, Advertising expert, Advertising/ Marketing consultant with Londre Marketing Consultants, LLC.
The Nine P's/9P's of Marketing help identify marketing problems in a number of strategic areas and help develop profitable marketing’s objectives, strategies, tactics and solutions. The 9P's are insightful. The nine P's were created for the digital age.
For more on ideas, concepts and Marketing solutions: Go to LondreMarketing.com and look under “Articles and Resources” and the 9P’s/Nine P’s ©2007. Specifically you will find them detailed at 9P’s/Nine P’s.




