Food MArketing & Technology In India CC for web-Low Res | Page 55

ABK wanted to cater to a larger audience. ABK identifi ed the pet professionals and ventured into importing of high quality grooming products and veterinarian equipment for these pet professionals who tirelessly work with pets. Th ese products are empowering the pet care giver to lead more healthy lives and continue their service towards pets. Our grooming products and vet equipment off er comfort, ergonomics and safe practices for the betterment of both the pet professional and the pets. Pet identifi cation is another category ABK ventured into aft er realising that nearly 1 in 3 pets would be lost at some point in their life. Today, ABK off ers pet identifi cation solutions so that every lost pet is returned to their owners. E ducate us about your products and services. ABK serves almost every pet household across India. Its presence pans across the Pet Treats and Training category, the Pet Care and Hygiene category, the Pets At-Home & Travel category, the Pet Toys and Games category as well as the Pet Grooming and Well Being categories. ABK works only with trusted brands that are household names across the world. Th ese include top brands like Trixie, Savic, Flexi, Petkin, Tropiclean, UrineOff , Simple Solution, Chip Chops, Outward Hound, etc. ABK empowers every pet groomer and veterinarian across India by off ering high quality imported grooming products and vet equipment across the Pet Dryers category, the Grooming Tables category, the Clippers and Blades category as well as the Pet Operation Tables and Runner Cage category. Th ese include top brands like Andis, Aeolus, Metrovac, Biogroom, etc. ABK off ers pet identifi cation solutions by providing the largest selection of ID Tags and the highest quality of in-store engraving machines. ABK also off ers microchips and readers for pet electronic identifi cation from the popular brand Datamars, Switzerland. W hat is your USP that sets you apart from competitors that are selling similar products and services? ABK’s USP is its strong distribution network, reliable delivery and constant eff ort to off er new innovative products. ABK off ers pet professionals free shipping on all products, easy exchange policy, and lowest price guarantee. ABK also provides dedicated aft er sales service for all grooming and vet equipment. W hat initial roadblocks did you face while importing pet products into India? Th ere were very few organised companies in the pet accessories business, so pet retailers were used to buying sub-standard products from the grey market. ABK was one of the few companies trying to work in an organised way in the unorganised pet market. Initially when ABK started importing, the market did not accept our products because of high MRP and perceived low margins. T ell us about your company’s journey in the past 10 years. ABK is one of the largest and amongst the fastest growing pet consumer goods companies in India. Established in 2010, pets have been the centre of our attention for the last ten years. With our inquisitiveness, know-how and passion for pets we have grown continuously. Presently, ABK provides about 1,200 products for dogs, cats, birds, small animals, and fi sh to about 1000 retailers in India. ABK’s extensive grooming and vet equipment range is supplied to more than 500 pet care givers across India. ABK promotes education in grooming, safe grooming practices and has sponsored international dog grooming competitions in 2014 and 2018. W hat hurdles did you come across while procuring distribution rights for international brands in India? International brands didn’t have a very good experience with business owners from India. We were told that people had purchased goods and never paid the companies and many similar stories. Th is was the biggest hurdle where brands were looking at India in a very negative way. It took us a lot of eff ort to build our credibility and make the international brands believe in us and ABK. W hat are your expansion plans for the next 5 years, if any? We are studying and analysing a number of projects as we speak. We believe the Indian market has huge potential and you will soon be hearing more exciting news from us on the expansion plans. H ow did you raise funding for your business venture? We put in the initial funding to start the business by taking a loan from our father and eventually we repaid him and started funding our business through banks. I f you had the chance to start your venture again, what would you do diff erently? Honestly, with all the ups and downs, our experience has been great. We believe that as entrepreneurs you always need to go through the curve and keep learning and educating yourselves as you grow. So, we have no regrets and would really not want to do anything diff erently. W hat advice would you give to upcoming entrepreneurs? Th e only advice we can give to entrepreneurs is that you need to believe in yourself and if you really want to achieve something in life then there are no shortcuts to success. Keep your goal and vision clear and you will defi nitely achieve it. August 2019 • Vol. XII • Issue 8 • Noida 55 | Creature Companion