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Essay heading: Zoecon Corporation
 
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Issue: Business
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Date added: August 17, 1998
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No of pages / words: 3 / 838
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Supermarkets boasted 70% of insecticide sales, with drug stores following at 9%. All other retail avenues made up the other 21% of sales. The professional pest control market produced revenues of $2.5 billion in 1985 with a projected annual growth rate of 8%, and forecasted revenues of $2.7 billion in 1986...
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Fifty-two percent of revenues were the result of general insect control (cockroaches, fleas, or ants), and the market was dominated by many small PCOs. There were an estimated 14,000 PCOs, with only two (Orkin and Terminix) having annual sales greater than $100 million. Insecticides were sold to PCOs through distributors, who purchased in bulk quantities directly from producers (Zoecon)...
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