As a Valentine’s Day quickly approaches once again millions of men and women across the nation are woefully unprepared for this holiday. As we part with our hard-earned money in the the name of love, we wanted to know whether most relationships do it “For Love or For Money.”
Our team analyzed the numbers from the Retail Advertising and Marketing Association, a division of the National Retail Federation survey on consumer spending to determine exactly how much effort we are all putting into our Valentine’s Day gifts and found out some fun facts about Valentine’s Day as a consumer holiday.
- Did you know that 53% of women would break off the relationship if they didn’t get it Valentine’s Day gift? Don’t screw up guys!
- Singles are buying flowers too — but for themselves! 14% of women surveyed actually have bought flowers for themselves on Valentine’s Day.
- Many of you are just buying cards and flowers. But seriously is that enough? There’s over 196 million roses grown each year just for Valentines Day with just over 16 million of you buying a dozen at a time.
- For the more budget conscious cards are very popular. Over 180 million cards being purchased last year for Valentine’s Day.
- The average consumer in 2015 will spend over $116 on Valentine’s Day gifts.
So what’s the result of all this? Well for most it’s a nice dinner and a kiss but for some it’s much more! Over 11,000 children are conceived on Valentine’s Day each year. 🙂