USA & CANADA WILD BIRD FEEDING INDUSTRY BENCHMARK RESEARCH 2013



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WILD BIRD FEEDING INDUSTRY RESEARCH FOUNDATION USA & CANADA WILD BIRD FEEDING INDUSTRY BENCHMARK RESEARCH By Ask Your Target Market - AYTM.com

1 PAST RESEARCH RESEARCH METHODOLOGY AND KNOWN FACTS

WILD BIRD FEEDING U.S. FISH & WILDLIFE SERVICE INDUSTRY RESEARCH FOUNDATION 2011

2011-2012 Wider topic of research More targeted sample: potential anglers, hunters & wildlife watchers Several waves with more frequent test 16+ y.o. USA only More focused topic of research Broader sample One wave benchmark study 18+ y.o. USA & CA N = 3200 Balanced by region

2 KEY FINDINGS MARKET SIZE

USA 118 MM ESTIMATED NUMBER OF HOUSEHOLDS IN 40.5MM (34.3%) OF HOUSEHOLDS BUY WILD BIRD FEED AT LEAST SOMETIMES = 1,000,000 HOUSEHOLDS

USA $79.60 X 40.5MM = $3.22BN MEAN (USD) AMOUNT THAT AVERAGE US HOUSEHOLD SPENDS ON WILD BIRDS FEED $32.60 X 36.1MM = $1.18BN MEAN (USD) AMOUNT SPENT ON WILD BIRDS FEEDERS

CA 13.6 MM ESTIMATED NUMBER OF HOUSEHOLDS IN 8.4MM (61.5%) OF HOUSEHOLDS BUY WILD BIRD FEED AT LEAST SOMETIMES = 1,000,000 HOUSEHOLDS

CA $94.45 X 8.4MM = $0.79BN MEAN (USD) AMOUNT AVERAGE US HOUSEHOLD SPENDS ON WILD BIRDS FEED $46.13 X 7.8MM = $0.36BN MEAN (USD) AMOUNT SPENT ON WILD BIRDS FEEDERS

MARKET SIZE ESTIMATED TOTALS $4.40BN ESTIMATED OF USA MARKET OF WILD BIRD FEED & FEEDERS $1.15BN ESTIMATED OF CANADIAN MARKET OF WILD BIRD FEED & FEEDERS $5.55BN ESTIMATED OF US & CA MARKET OF WILD BIRD FEED & FEEDERS THESE NUMBERS ARE ESTIMATES ONLY BASED ON CONSUMERS RECOLLECTION OF HOW MUCH THEY VE SPENT IN THE PAST YEAR. IT ALSO BASED ON ESTIMATED POPULATION SIZE & NUMBER OF HOUSEHOLDS IN US & CA

ADDITIONAL MARKET FINDINGS 48% OF HOUSEHOLDS PARTICIPATES IN WILD BIRD FEEDING, EQUATING TO A MARKET OF 48.9 MILLION HOUSEHOLDS IN US & CA. CANADIANS ARE 1.8X MORE LIKELY TO REGULARLY BUY WILD BIRD FEED THAN THEIR US COUNTERPARTS ON AVERAGE CANADIANS SPEND 18% MORE ON WILD BIRD FEED THAN AMERICANS ($94 VS. $80) ON AVERAGE CANADIANS SPEND 39% MORE ON WILD BIRD FEEDERS THAN AMERICANS ($46 VS. $33)

3 BIRD FEED SHOPPING HABITS & PREFERENCES

HOW FREQUENTLY DO THEY BUY FEED? Once a month or more often Once every 2-3 months Once every 4-6 months 22% 26% } 49% Once every 6-12 months Less than once a year 14% 16% 21% 49% of feed purchasers buy at least every 2-3 months

HOW MUCH DO THEY SPEND AT A TIME? 10% 20% 69% $20 $40 over $40 How much would you say you spend on wild bird feed during one typical shopping trip or one online purchase? Base: Paying wild Bird Feed Purchasers; n=1465

WHERE DO THEY BUY FEED? 47% Mass retailer store (like Walmart or Target) Grocery store Pet store Hardware Store (like Home Depot or Lowe's) Animal Feed store 28% 25% 24% 20% Garden Center or Nursery Club discount store (like Costco or Sam's Club) 12% 15% Wild bird specialty store or boutique Online Other 5% 5% 7% Nearly half of purchasers buy wild bird feed from mass retailers.

FEED PACKAGE SIZE 30% 37% 21% 5 lbs or less 6-10 lbs 11-20 lbs 21-40 lbs 50 lbs and more 9% 3% Two-thirds purchase packages of 10 lbs. or less.

FEED BRAND LOYALTY 23% 44% I always buy the same brand I have a couple of brands that I switch between Brand doesn't matter 33% More than half of respondents are somewhat loyal to a brand, either buying the same product, or switching between a couple of brands.

FEED RETAILER LOYALTY 4% 22% Which of the following best describes what you would most likely do if the store you buy from stops carrying your brand(s) of wild bird FEED? I would go to a different store to find my brand I would purchase a different brand I would not purchase any bird feed 74% However, store loyalty (or perhaps convenience), plays a larger role, with three-quarters saying they would change brands if the store where they shop stopped carrying the brand they usually buy. Even if their regular brand wasn t available, 96% would still buy some brand of feed.

SHARE OF THE MARKET BY TYPES OF BIRD FEEDS Economy seed mix 34% Premium seed mix 19% Straight seed (such as sunflower only, Nyjer, etc.) 26% Suet, bells, or pressed seed cakes 16% Other 5% Mixes account for over half of all purchased types of bird feed. Economy seed mix is the most purchased, capturing 34% of the dollars spent on bird feed in a typical year. One-quarter of the market goes to straight seed.

FEED PURCHASE DRIVERS 67% Price 4% 28% Feed attracts a wide variety of birds 8% 37% 55% Re-sealable package 18% 39% 43% Convenient packaging for storage 16% 43% 41% Feed attracts specific birds Self-serve bulk bins 21% 45% 47% 32% 40% 15% Rated 1, 2, 3 (Low) Rated 4, 5, 6, 7 (Middle) Rated 8, 9, 10 (High) Price is the primary driver when purchasing wild bird feed, followed by attracting a wide variety of birds. 4 in 10 purchasers also consider packaging to be an important factor.

BIRD FEEDS PURCHASES ARE PLANNED Never I always plan to purchase before going to the store Rarely 29% 32% Occasionally 29% Most of the time Always 3% 8% When you purchase wild bird FEED, about how often are those impulse purchases? For the vast majority of purchases, wild bird feed is a planned and expected purchase, as 90% say that they typically plan their purchase prior to shopping.

4 BIRD FEEDERS SHOPPING HABITS & PREFERENCES

HOW OFTEN DO THEY BUY FEEDERS? Once a month or more often Once every 2-3 months Once every 4-6 months Once every 6-12 months Less than once a year Never 8% 10% 8% 17% } 43% 8% 48% More than 90% of wild bird feed purchasers buy feeders at some point, but a little less than half of those purchase at least once a year.

HOW MUCH DO THEY SPEND ON FEEDERS / YEAR? 6% 10% 12% 48% How much would you say you spend on wild bird feeders in a typical year? 25% $20 $40 $60 $80 $100+ Base: Paying wild Bird Feeders Purchasers; n=1272

WHERE DO THEY BUY FEEDERS? 49% Mass retailer store (like Walmart or Target) 36% Hardware Store (like Home Depot or Lowe's) Pet store Garden Center or Nursery Animal Feed store Grocery store Club discount store (like Costco or Sam's Club) Wild bird specialty store or boutique Online Other 19% 19% 15% 12% 9% 8% 9% 28% Similar to feed, about half of respondents look at mass retailers for their feeders, with hardware stores also garnering a noteworthy share of feeder purchases.

CURRENTLY OWNED TYPES OF FEEDERS 11% 4 2 18% 35% Tube 30% 17% 10% 4 2 34% Hopper chalet or lantern Nectar 32% 37% 31% 16% 10% 4 2 Cages (for seed cake bells or suet) 45% 27% 15% 8% 3 2 Platform 59% 20% 10% 7% 21 How many of the following wild bird FEEDERS do you currently have and use? 0 1 2 3 4 5 or more Tube, hopper and nectar feeders are the most commonly owned, with nearly two-thirds owning one or more.

FUTURE PURCHASE TYPES OF FEEDERS 8% 8% 21 26% Hopper chalet or lantern 55% 26% 11% 6% 21 Nectar 54% 27% 10% 6% 21 Tube 53% Cages (for seed cake bells or suet) 61% 21% 8% 7% 21 Platform 70% 15% 7% 6% 21 How many of the following wild bird FEEDERS do you plan to purchase in the next 12 months? 0 1 2 3 4 5 or more Additionally, nearly half of respondents expect to purchase these same types in the next year.

FEEDERS PURCHASE DRIVERS 69% Price Durability Ease of cleaning Types of birds it attracts The way it looks (color decoration or style) Size of opening for cleaning and filling Construction materials (plastic wood metal) Capacity of the bird feeder 43% 38% 37% 37% 35% 35% 57% Price and durability are the primary factors in feeder choice, with over half of respondents citing each.

5 GENERAL BIRD FEEDING HABITS & ACTIVITIES

BIRD FEEDING IS A FAMILY ACTIVITY 81% 34% I do My spouse/s. other My spouse or significant other 39% My child/children 20% My child/children 20% My parent or in-law Another adult 5% 5% My parent or in-law 7% Another child 3% Another adult 6% Another child 3% 4/5th of wild bird feed purchasers themselves participate in feeding the birds. When we consider only those who do participate, we can see that 34% do so with their spouses and 20% with their children, making feeding a family activity.

AGE DISTRIBUTION 12% 15% 18-24 26% 18-24 26% 25-34 25-34 35-44 21% 35-44 22% 45-54 21% 45-54 18% 55-64 16% 55-64 14% 65+ 65+ Bird Feed Purchasers average age: 41.36 Non-Purchasers average age: 40.01 Bird feeding is enjoyed by all ages. On average Bird Feed Purchasers are just one year older than non-purchasers

WHERE DO THEY LIVE? Suburban 32% Small town/village 20% Urban 22% Which of the following best describes the type of area you live in? Rural 26% Wild bird feeding is well distributed from urban to rural areas.

WHAT THEY ENJOY MOST ABOUT PARTICIPATING IN FEEDING AND WATCHING WILD BIRDS

6 BRIGHT FUTURE OF BIRD FEEDING

WHY NOT? 50% Just never have I have other pets The cost of feed Bird feed attracts undesirable pests Feeding birds is not allowed where I live I don't like birds Other I don't know how Too many weeds growing under feeder 11% 11% 9% 7% 7% 5% 2% 22% Among those that do not buy wild bird feed or feeders, half say that they just never have. This suggests that with education and attraction, an interest could develop in wild bird feeding, moving some of these to become purchasers.

WILD BIRD FEEDING IS FOR LIFE 45% 24% 19% 12% This year is the first 2-5 years 6-10 years More than 10 years Only 12% of respondents say that this is their first year of wild bird feeding, suggesting that once someone begins, it s an activity that will continue for years to come

MARKET IS GROWING A lot less than last year A little less than last year About the same as last year A little more than last year A lot more than last year 58% 31% 24% 4% 7% 7% Expectations are that the market is growing. Nearly one-third of purchasers expect to spend more this year on wild bird feed and feeders, and more than half will maintain their spending level.

7 NEXT STEPS DEEPER DIVE

1. GET MORE ACCURATE ESTIMATES 2. UNDERSTAND CUSTOMER S DNA 3. GET MORE SPECIFIC

RECOMMENDED NEXT STEP #1: FINE TUNE THE DATA, GET MORE ACCURATE ESTIMATES OF THE MARKET Setting up a monthly tracking study for 2014 that would give us: Access to more accurate expenditure estimates based on shorter (monthly) periods that consumers will report on Better understanding of market fluctuations throughout the year Larger sample = higher confidence levels in the data

RECOMMENDED NEXT STEP #2: FIND OUT WHAT MAKES PEOPLE MORE LIKELY TO SPEND MONEY ON WILD BIRD FEEDING ACTIVITIES Conducting customer segmentation study that would give us: understanding of the consumers psychographic dna. what matters to them, what sets them apart finding traits that make consumer more likely to become customer - low hanging fruit for marketing efforts. understanding of behavioral patterns to better position, promote and deliver the products

RECOMMENDED NEXT STEP #3: ZERO IN ON EACH INDUSTRY SEGMENT: FEED/FEEDERS PRODUCTION, PACKAGING, RETAIL Conducting a series of in-depth studies that would give us: Understanding of the consumers preferences specifically for each of the topics Getting ongoing business questions answered before deploying to the market. Getting smarter about understanding consumer insights every step of the way.

EDUCATE & ENGAGE THE OTHER HALF OF THE POPULATION! Tell the story in a way that people will enjoy and help evangelize among their peers. Publishing an infographic is one of the proven ways to viral growth. Opportunity for immediate growth is at least 50% of existing market size!

WILD BIRD FEEDING INDUSTRY RESEARCH FOUNDATION LEV MAZIN CEO & CO-FOUNDER OF AYTM.COM 415-364-8601 SUPPORT@AYTM.COM