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Bay of Plenty Business News January/February 2017

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This new publication reflects the region’s growth and importance as part of the wider central North Island economy.

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This new publication reflects the region’s growth and importance as part of the wider central North Island economy.

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Company top<br />

dog in pet gear<br />

BAY OF PLENTY BUSINESS NEWS <strong>January</strong>/<strong>February</strong> <strong>2017</strong> 7<br />

When Rio the Schnauzer dog landed with<br />

his owners in New Zealand from London,<br />

he could claim to have the coat he stood<br />

up in as his only possession.<br />

By RICHARD RENNIE<br />

New Zealand immigration<br />

rules are tough on<br />

dogs making this country<br />

home with their owners.<br />

The rules ban the importation<br />

<strong>of</strong> any materials or products<br />

the dog may have used back<br />

home.<br />

But it was these same rules<br />

that prompted Rio’s owner<br />

Lillian Richmond to start the<br />

business she heads up today<br />

with her business partner<br />

Michael Terry.<br />

“When we got to Auckland<br />

and started looking around for<br />

things for Rio, including collars,<br />

dog beds and leads it<br />

struck us how little there was<br />

available, plenty <strong>of</strong> pet shops<br />

were selling pretty much all<br />

the same stuff,” says Lillian.<br />

We have even had interest<br />

from people in remote<br />

parts <strong>of</strong> the country,<br />

and the owner <strong>of</strong> a dog<br />

hydrotherapy facility in<br />

Southland is one <strong>of</strong> our few<br />

stockists <strong>of</strong> the robes.<br />

The ex-marketer and chartered<br />

accountant decided to<br />

seriously put plans together for<br />

getting their own business into<br />

gear.<br />

And so Animal Outfitters<br />

was born, an online store for<br />

pet owners wanting quality<br />

accessories and equipment for<br />

their furry friends.<br />

Meantime Rio the schnauzer<br />

is now well equipped and<br />

has multiple roles as the company’s<br />

mascot, test dog and<br />

photo model for the online web<br />

sales.<br />

Lillian and Michael’s exposure<br />

to an expansive range <strong>of</strong><br />

pet accessories in the United<br />

Kingdom and Europe had<br />

given them an insight to a trend<br />

they believed would reach New<br />

Zealand sooner rather than<br />

later.<br />

Social media, major demographic<br />

shifts and<br />

ever rising immigration<br />

have all<br />

been forces driving<br />

increasing spend<br />

upon pets, particularly<br />

dogs.<br />

“The quality pet<br />

accessories were<br />

out there, but just<br />

not here yet,” says<br />

Lillian.<br />

An astute<br />

marketer, she<br />

has noticed the<br />

increasing “humanisation” <strong>of</strong><br />

pet dogs in households with<br />

couples who may not have<br />

children, or with “empty nesters”<br />

whose children have left<br />

home. Greater immigration<br />

also means more <strong>of</strong> the population<br />

is used to having pets<br />

with quality accessories from<br />

the same sources Lillian and<br />

Michael experienced overseas.<br />

They were not enticed to<br />

push into the excessive “dog<br />

bling” market that includes<br />

such accessories like $400<br />

Don’t be afraid to look for help<br />

Welcome to <strong>2017</strong>!<br />

By now, everyone<br />

is probably settled<br />

back into work and is hopefully,<br />

refreshed and energised<br />

for the year ahead. But, are<br />

you REALLY ready for it?<br />

I cast my mind back to<br />

something that happened<br />

a few years ago over the<br />

Christmas break. I was<br />

watching my daughter’s<br />

swimming lessons and was<br />

struck with the similarities<br />

between being in business<br />

and being a four-year-old<br />

struggling with the concepts<br />

<strong>of</strong> floating and sinking while<br />

trying to make the art <strong>of</strong><br />

swimming look less like the<br />

frenzied attack that was actually<br />

occurring.<br />

How is this similar you<br />

might ask? Well, she was<br />

very enthusiastic and determined<br />

and, over time, she<br />

may have been able to teach<br />

herself to swim – she may<br />

even have become quite good<br />

at it, especially if the level <strong>of</strong><br />

natural ability was as high as<br />

the level <strong>of</strong> enthusiasm.<br />

But surely it made better<br />

sense to get the correct<br />

training and guidance at the<br />

beginning?<br />

Being in business is no<br />

different. The earlier you<br />

seek assistance and guidance<br />

from people who know how<br />

it’s done and know how best<br />

to help you do it, the better<br />

<strong>of</strong>f you will be. Learning the<br />

basics and best practice early<br />

pays huge dividends later on.<br />

Confidence, enthusiasm<br />

and determination are admirable<br />

traits and somewhat<br />

essential to success in business.<br />

But how equipped are you<br />

to respond to external factors<br />

that are likely to impact<br />

on your success? Such as…<br />

the bully who dive bombs<br />

the pool … the employee<br />

who disrupts your team …<br />

the awesome plans that you<br />

Rio the Schnauzer with Animal Outfitters creators Lillian Richmond and Michael Terry.<br />

MONEY MATTERS<br />

> BY STEPHEN GRAHAM<br />

Louis Vuitton dog collars.<br />

Rather they sought to provide<br />

items that hit the right notes on<br />

quality at an affordable price,<br />

while also <strong>of</strong>fering owners a<br />

sense <strong>of</strong> personalised, “specialness”<br />

about them.<br />

“We estimated there are<br />

about 700,000 dogs in New<br />

Zealand, and even if we could<br />

tap into the top five percent <strong>of</strong><br />

that market, it would be a great<br />

start,” says Michael.<br />

The couple opted for an<br />

online sales model, knowing<br />

Stephen Graham is director and managing partner at BDO Rotorua,<br />

Chartered Accountants and Advisers. To find out more visit bdorotorua.co.nz<br />

or email rotorua@bdo.co.nz<br />

have in mind but that circumstances<br />

always seem to prevent<br />

you from getting across<br />

the line … the New Zealand<br />

economy … the world economy?<br />

Not only do we face an<br />

election <strong>of</strong> our own this year,<br />

there have been changes in<br />

the global arena that are,<br />

to say the least, unknown<br />

quantities. The changes in<br />

economic climate that could<br />

result from any <strong>of</strong> these<br />

things could cause havoc<br />

with our carefully laid out<br />

plans for the year.<br />

The fact that these external<br />

factors are just that, external<br />

factors, means that neither<br />

you nor I, or anyone else for<br />

that matter, can change or<br />

dictate any <strong>of</strong> it.<br />

What should you do?<br />

The analogy between my<br />

(then) four-year-old daughter<br />

and the business world is as<br />

pertinent now as it ever was.<br />

Like her, you should<br />

continue to set goals and<br />

milestones. Learn to accept<br />

advice. Learn to read the elements.<br />

Have your life saver (or<br />

jacket) at the ready.<br />

The goal is to reach the<br />

end <strong>of</strong> the pool.<br />

Be aware <strong>of</strong> your surroundings<br />

and know that you<br />

are ultimately in control <strong>of</strong><br />

how to get there.<br />

One stroke at a time.<br />

Handling each obstacle as<br />

it appears.<br />

Oh, and don’t forget to<br />

breathe!<br />

going up against the big retail<br />

operators is too hard. Offering<br />

an enjoyable, warm and interesting<br />

on line experience would<br />

be another point <strong>of</strong> difference,<br />

alongside the quality <strong>of</strong> what<br />

they were selling.<br />

Lillian has some key themes<br />

she sticks to when assessing<br />

products for the company’s<br />

range, seeking items that are<br />

well made, long lasting and<br />

look good.<br />

“As well as looking stylish,<br />

a product must also actually<br />

work for the pet. For example<br />

a dog bed inner should provide<br />

ongoing support for the dog’s<br />

weight (we use high density<br />

foam) and covers need to be<br />

easily machine washable. A<br />

cheaper bed is <strong>of</strong>ten harder to<br />

wash and contains hollow fibre<br />

fill that quickly sags, so the bed<br />

might only last six months.”<br />

They also focus on educating<br />

customers about what<br />

constitutes a good product,<br />

combining thoughtful design<br />

with appealing aesthetics and<br />

colours.<br />

Some <strong>of</strong> their most popular<br />

items are the dog towelling<br />

robes and jackets which they<br />

initially designed for smaller<br />

canines, but have since had<br />

a surge in interest from owners<br />

<strong>of</strong> larger animals seeking<br />

something stylish that keeps<br />

their pet warm.<br />

“We have even had interest<br />

from people in remote parts <strong>of</strong><br />

the country, and the owner <strong>of</strong><br />

a dog hydrotherapy facility in<br />

Southland is one <strong>of</strong> our few<br />

stockists <strong>of</strong> the robes.”<br />

The couple is also proud<br />

to have the jackets and robes<br />

made in New Zealand and<br />

owners appreciate the focus on<br />

quality stitching and use <strong>of</strong><br />

buttons over velcro on fabric<br />

the same as that which human<br />

clothing is made from.<br />

Longer term the couple<br />

have some other developments<br />

under wraps, and prospects for<br />

further sales into Australia,<br />

while cat accessories are also<br />

finding a growing market here.<br />

“But cats will always be<br />

cats, there is only so much you<br />

may do with them or spend<br />

upon them.”<br />

The couple has enjoyed<br />

moving their business to<br />

Tauranga from Auckland, and<br />

welcome the support received<br />

from Small <strong>Business</strong> Tauranga.<br />

“If you are new here SBT<br />

is a good way to quickly find<br />

out about other businesses and<br />

services that can help you get<br />

going quicker,” says Lillian.<br />

To learn more visit www.animaloutfitters.nz<br />

THE AVERAGE<br />

ICT SPEND IS 4%<br />

www.stratusblue.nz<br />

*According to Computer Economics and Gartner SurveysWHAT IS YOURS?<br />

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