Over three quarters don’t cut back on their pet despite the crisis
Written by Indy |
More than three quarters of pet owners do not cut back on their pet’s health and care due to the economic crisis. This is the conclusion drawn by Vetsend.co.uk, the largest online veterinary pharmacy in the Netherlands, following a recent survey among a segment of their newsletter subscribers. Of the 5,243 respondents in total, over 78% stated that the economic crisis is not a reason to reduce spending on their pet’s health and/or care.
Of the 5,243 respondents surveyed, 1,132 (22%) indicated they are cutting back on their pet’s health and/or care. The most common cost-saving measure is switching to a cheaper (online) retailer. The second most cited measure is cutting back on “luxury” items such as snacks and toys. In third place is buying alternative products from cheaper brands. Further down the list is cutting back on recurring treatments like deworming and flea control. The least common measure is cancelling the pet’s health insurance.
Savings
These cost-cutting strategies typically result in monthly savings of several tens of euros per pet. The largest group (37%) reports saving €10 to €20 per pet per month. Another 33% save up to €10 per month. Only 6% estimate savings of more than €40 monthly, while 7% of cost-conscious owners save between €30 and €40.
Monthly expenses
Respondents were also asked to estimate their monthly spending on pet care. Nearly a third (32%) spend between €50 and €75 per month. A quarter of the participants spend up to €50, and one in five spend between €75 and €100. Notably, nearly 14% report spending more than €125 per month on their pet, while just over 9% spend between €100 and €125 monthly.
