Posts Tagged ‘price of wedding gifts’

People spending less on wedding gifts

Saturday, July 3rd, 2010

Research shows that wedding guests are tending to spend less on their gifts for the bridal couple than in 2008.  According to the research, guests spend on average about £28.96 per gift compared to £42.91 in 2008 which is a 34% decrease.

In order to check this out, a separate company took a look at PayPal wedding gifts, not including cash gifts, and although many customers did not pick up their gifts using PayPal the gifts was still in the Gift History.

Out of gifts that were purchased using British pounds, the average gift price on PayPal was £43.13 in 2009, but it actually increased over the last two years to £45.27 in 2009 and up again to £47.47 in 2010.

The same was true almost for US gifts with the average gift in 2008 costing $80.23 and then a slight decrease in 2009 to $78.52 followed by a quick jump again in 2010 up to $86.02.

Even more so, since PayPal started in 2007 gifts have been given to bridal couples in 11 different currencies with the Euro taking the clear lead in 2009 up to 97.77 euro.  The only gifts that had a lower value this year than in 2008 were purchased in Canadian currency.

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