American express pet spending habits

American Express reports pet-related spending habits

March 9, 2011 at 11:04 am · Filed underUncategorized

According to the latest Spending and Saving Tracker from American Express,nearly one half of dog owners intend on pampering their dog(s) in 2011. Spending on gifts for special occasions (such as birthdays) is the most popular way they’ll do so (44 percent), followed by taking Fido along on their travels and staying at hotels that cater to their pets’ needs (12 percent).

Other findings:

·         More than two in five consumers have one or more dogs living in their home.Consumers who said they have dogs have two, on average.

·         Dog owners spend an average of $101 on their dogs each month, with men spending nearly 30 percent more than women on their dogs ($120 vs. $86, respectively).

·         Slightly less than half (48 percent) of dog owners purchase dog toys in a month.Average monthly spend on toys is $18.

·         While more dog owners in the North Central region (60 percent) plan to pamper their dogs in 2011 than the general population (49 percent), dog owners in the South will spend more on special occasion gifts for their dogs than dog owners overall ($77 vs. $63, respectively)