PetSmart has teamed up with innovation portal Edison Nation (www.EdisonNation.com) to host a “Live Product Search” specifically asking people to submit their innovative ideas for interactive pet toys and products that help keep house pets of all shapes and sizes entertained while owners are away.
Edison Nation, will present product concepts to PetSmart following the July 9th close of their “Live Product Search.” PetSmart will then choose which concepts to research, develop and potentially add to their product offering.
Individuals whose products are selected for development by PetSmart will receive a $2500 advance and percentage of future product sales for up to 20 years.
The direct link to PetSmart's Live Product Search opportunity on Edison Nation is: http://www.edisonnation.com/petsmart.
With only one week left in the search, this offers readers the chance to jump on the ideas that have been scribbled on a sticky note or just thoughts in their inventive minds.
A recent American Pet Products Association report revealed that whereas most retail sectors are struggling to simply stay afloat, the pet industry is actually thriving, as one of the fastest-growing sectors with projected 4.9% increase in spending to $45.4 billion in 2009.
For more information on the Live Product Search hosted by a globally renowned consumer products company, see the official Web site for the search: http://www.edisonnation.com/global-consumer-products.