Apparently you can put a price on love and according to The Cost of Love: The Twelve Days of Christmas infographic, it's about $107,300.
The common Christmas carol describes someone who gives a different gifts to their lover for the twelve days of Christmas. For those who are not familiar with the carol or have forgotten some of the lyrics, the lover gives the other extravagant gifts such as a partridge in a pear tree ($205), four calling birds ($520), five golden rings (750), seven swans-a-swimming ($7000) and 10 lords-a-leaping ($4767). Each day, the gifts are more indulgent than the next, raking up the total cost of courting this individual to a massive $107,300. With such excessively luxurious gifts, it's no wonder this person is their "true love."
Love Purchase Infographics
Twelve Days of Christmas Infographic Breaks Down the Cost of True Love
Trend Themes
1. Rising Cost of Gifts - The rising cost of extravagant gifts in the 'Twelve Days of Christmas' carol presents an opportunity for businesses to innovate with more affordable yet meaningful alternatives.
2. Gifting Experiences - The trend of gifting experiences rather than material possessions can provide disruption in the gift-giving industry, offering unique and memorable moments instead of traditional gifts.
3. Personalized Gifting - The demand for personalized gifts is on the rise, giving businesses the opportunity to customize and tailor gifts to individual preferences and tastes.
Industry Implications
1. Luxury Goods - The luxury goods industry can leverage the demand for extravagant gifts by offering exclusive and high-end products that cater to discerning customers.
2. Experience Economy - The experience economy industry can capitalize on the trend of gifting experiences by providing a wide range of unique and unforgettable experiences for gift recipients.
3. Customization and Personalization - The customization and personalization industry can tap into the demand for personalized gifts, offering innovative solutions that allow customers to create truly unique and meaningful presents.