Canine Critter College will target two different groups that have uses for dog obedience training. The first group is people who just received a dog, whether a puppy or a dog new to the owners, and they would like the dog to be trained for easy management and clear communication with the pet. The other group of people are having issues with an existing dog and they are using the obedience training as a way to solve or minimize the issues. In general the distinction is a proactive vs. reactive approach.
The market can be broken down into two segments:
| Market Analysis | |||||||
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |||
| Potential Customers | Growth | CAGR | |||||
| Proactive dog parents | 9% | 11,125 | 12,126 | 13,217 | 14,407 | 15,704 | 9.00% |
| Reactive dog parents | 8% | 10,254 | 11,074 | 11,960 | 12,917 | 13,950 | 8.00% |
| Other | 0% | 0 | 0 | 0 | 0 | 0 | 0.00% |
| Total | 8.52% | 21,379 | 23,200 | 25,177 | 27,324 | 29,654 | 8.52% |
Canine Critter College will target the chosen segments through a focused networking and advertising campaign that will reach dog owners.
| Market Analysis | |||||||
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |||
| Potential Customers | Growth | CAGR | |||||
| Proactive dog parents | 9% | 11,125 | 12,126 | 13,217 | 14,407 | 15,704 | 9.00% |
| Reactive dog parents | 8% | 10,254 | 11,074 | 11,960 | 12,917 | 13,950 | 8.00% |
| Other | 0% | 0 | 0 | 0 | 0 | 0 | 0.00% |
| Total | 8.52% | 21,379 | 23,200 | 25,177 | 27,324 | 29,654 | 8.52% |