Did You Know Valentine's Day Will Contribute $18.6 Billion to the Economy?

by Swipely Team on February, 13 2013 in Finance


{img:alt_text}

According to the National Retail Federation, Valentine's Day spending grows every year. In 2012, people spent $17.6 billion dollars and in 2013 they're estimated to increase spending by another billion dollars for $18.6 billion. Here are some additional numbers to keep in mind:

  • People will spend an average of $131.
  • Men are predicted to spend around $180 on their partners whereas women are more likely to spend around $90.
  • Married couples spend almost half the national average, about $75 dollars.
  • 51% said they'd be buying candy, 19.7% jewelery and 15% will buy gift cards.

Knowing your customers is the first key to accommodating them on these precious holidays.

How are you getting to know your customers?

Did you enjoy this article?

Subscribe to get regular updates


comments powered by Disqus
Forbes 2013 America's Most Promising Companies

Understand customers &
Grow Sales.

Request a Demo

or call 1-888-794-7359