Sunday, February 11, 2007

Valentine's Day

Are the benefits from celebrating Valentine's Day worth $120? The average person is expected to pay this on their Valentine this year. Men are expected to pay $154 on their ladies, but the girls are only shelling out $85 for the guys. Does this mean that the men put a higher value on love that the girls do? Economically, yes the numbers don't lie, men place a higher cost on love.

Big companies such as 1-800 Flowers, Hershey, and any jewelry store make a killing on this "greeting card holiday". 1-800-Flowers gets 10 percent of its business because of February 14th, and they are expected to fill 100,000 orders for the big day. It is clear to see from these few figures that Americans put a high price on Valentine's Day. Economically this day doesn't make much sense, what are we getting in return for our money, is the benefit of love worth the 16.9 billion that is being spent this year?

4 comments:

Kelly Heskett said...

I feel that valentines day is overrated, personally. No, I'm not saying this because I don't have a boyfriend either. I do not understand why it is necessary to spend X amount of money on a person just because of a certain day. To me love is shown by the little things that one does for one another. Why do guys need a reason to buy their girlfriends jewerly or flowers? Why on Feb. 14th? Why not just surprise them one random day with a rose to let your special someone know you care. I believe that in todays society there has been a price tag placed on valentines day to show someone that you care. It'd be a lot cheaper to show you cared if you bought little things every now and then instead of spending "$154" in one day, just because its has a title to it.

Mike Braun said...

I agree completely with Kelly. Why does love on valentines day have to be measured in the amount of money that you spend on your other half. I think that a better and more economical way to show someone you care is to do all the little things. Leaving little surprises and sending flowers for no reason, I think have a greater effect then spending a large sum of money on one occassion. To me the concept of valentines day had good intentions, but today its lost its meaning.

Lucy Lin said...

It isn't necessary to buy expensive stuff on that day, but most of the people would like to show their love to their lovers. Therefore, they are willing to spend much money. This phenomena always makes sellers better off, and the consumers themselves are also better off, because they love they will gain is much more the money they spent.

Greg Delemeester said...

Who is DL? I can't give proper credit if I don't know who you are. Please change your Display Name on Blogger.