Let’s take a look at what made Valentine’s Day great in the world of sales. We know from the previous blog post that there are a variety of things that people bought for their loved ones on Valentine’s Day this year, but let’s take a look at the classic: candy!
Candy is the most commonly purchased gift every year on Valentine’s Day, just barely beating out greeting cards this past year. It is estimated that in 2015, $1.7 billion was spent on candy and that number just keeps increasing each year. About 36 million worth of heart shaped chocolate boxes were purchased within that amount. In the same article, it also estimates that the amount of chocolate that the amount of spending equates to is about 58 million pounds! In 2015 as well the total amount to be spent on Valentine’s Day was $18.9 billion dollars, but that’s because of other big spenders like nice jewelry or expensive flowers.
While were here, we might as well talk about the other type of sales. Candy sales! All across department stores and discount stores you can start finding candy already up to 50 or 70 percent off. Go out there and get yourself some candy!