The average person in a relationship plans to spend $226 for Valentine's Day 2013
AUSTIN, Texas, Feb. 7, 2013 /PRNewswire/ -- RetailMeNot (www.retailmenot.com), the most widely used online coupon site in the United States, released today findings from the Valentine's edition of the Shoppers Trend Report. Based on research conducted by The Omnibus Company (www.omnibus.com), the survey of men and women in relationships revealed that men are far outspending women in their Valentine's gift giving by $123 (men: $287 vs. women: $164).
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The average person in a relationship plans to spend around $226 this Valentine's Day.
"Similar to last year, men and women just can't seem to get on the same page when it comes to equity in how much they will spend on their significant other for Valentine's Day. Men on average will spend $123 more than women when celebrating the holiday with their partners," said Trae Bodge, Senior Editor for RetailMeNot's blog. "Women still know that the quickest way to their man's heart is through his stomach with a special holiday meal or something as exciting as concert tickets. And for those gentlemen planning to get their lucky lady jewelry, it will be appreciated."
More than 1 in 4 men (28%) hope for a meal and almost 1 in 5 men (19 %) would love to receive tickets to an event (concert, movie) from their significant other this Valentine's Day. As for women, nearly 1 in 4 (24%) are hoping to receive jewelry.
What's not so sexy?
"Gentlemen, a word of common sense advice from your friends at RetailMeNot.com: Twenty-five percent of women say that receiving a gym membership or exercise equipment would be most disappointing on Valentine's Day. And to those giving gifts to their favorite guy, approximately 1 in 8 (13%) men say their most disappointing gift would be receiving flowers," added Bodge.
Other statistics from this month's Shoppers Trend Report:
Survey Methodology:
The survey was conducted between January 24th and January 30th, 2013, among 1,000 United States residents ages 18 and over, using an email invitation and an online survey. Quotas are set to ensure reliable and accurate representation of the entire U.S. population ages 18 and over. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. In this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 3.1 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample. The margin of error for any subgroups will be slightly higher.
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SOURCE RetailMeNot.com