Startup founder shifts from snow removal to pet toys
Sheldon Zhang had never given much thought to the pet-product industry. On the face of it, it seems pretty different from Yardly, the home services company he co-founded in 2015 and sold last summer.
But then he was approached by Eddie Li, the founder and former CEO of Injoya, a Michigan company that creates enrichment toys like snuffle mats for dogs. Li pitched the idea of a business-to-business marketplace for pet products, and that piqued Zhang's interest.
"We decided with his pet-industry experience and my experience in the marketplace, we can build a pet-product marketplace," Zhang told Taproot.
And so the two men founded Preet, an online wholesaler that allows independent brands selling pet supplies to list their products in hopes of grabbing the attention of store owners and groomers across North America.
Li had spent years working in the industry, "witnessing firsthand how inefficient it is" to get products into stores through a combination of trade shows, sales reps, and distributors, Zhang said.
"This is an industry that could benefit from a marketplace in the middle that connects all the pieces," he observed.
There's definitely a need, said Hillary Sweet, co-founder and CEO of Kidney-Chek, an Edmonton-area company that helps pet owners monitor the health of their cats and dogs.
"I think that there's a unique opportunity in this space to really provide a pet-focused, high-end experience for both the manufacturers like myself and then also the retailers," she told Taproot, noting that it's important for it to be user-friendly for the businesses involved.