Perfume and earrings -- for your dog?
Americans are spending millions of dollars on Valentine's Day gifts for their pets. Here are some of the more ridiculous ones.
The following data says volumes about love, Americans, their buying patterns and the animals they share their lives with.
The National Retail Federation reports consumers are spending a little bit more this Valentine's Day than they did last year, while remaining financially cautious due to the ongoing economic uncertainty.
American adults will shell out an estimated $18.6 billion to celebrate the holiday -- including about $815 million on Valentine's Day gifts for their pets.
A recent survey of 6,000 U.S. pet owners by the pet insurance company Petplan is also revealing.
According to the survey:
- 78% of pet owners plan to buy their pet a gift this Valentine's Day.
- 62% of pet owners say they will spend up to $10 on gifts for their pets.
- 27% will spend up to $25 on gifts and 11% will spend more than $25.
- 25% of pet owners say their pets have their own valentines.
- 20% of those surveyed say their pets will be sending out their own Valentine's Day greetings.
These gifts can range from the very practical and economic, as seen on Petco's suggested Valentine's Day gift webpage, to real howlers when it comes to lavish spending.
Business Insider listed some of the more outlandish pet gifts out there, including:
- Hypo-allergenic perfume for your dog; advertised as “a unisex blend of bergamot and vanilla-infused musk combined with natural patchouli, mandarin and nutmeg oils,” for $65.
- Crystal clip-on earrings, a mere $59.
- A $54 gift basket for your cat.
- Or you can go the whole hog and get your dog a $30,000 “dream house.”
The ASPCA, meanwhile, is taking advantage of the day by offering heart-themed fashion collars and collar charms at its online store. It's also trying to pair pets and potential owners for the holiday, both in person and via online streaming.
"Adoption is a message that we're always trying to get across," Olivia Melikhov, the ASPCA's social-media manager, tells USA Today. "We thought Valentine's Day would be a perfect time to remind people of that, since everyone is talking about love and meeting their match."
More on moneyNOW
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
A basic income policy can actually ensure a decent standard of living for everyone.
- People left $500,000 in coins at airports last year
- How your driving can affect your credit
- Obamacare projected to cost hundreds of billions less
- November jobs report: Winners and losers
- Student loan debt climbs for 5th year in a row
- Wall Street finally notices Bitcoin
- Part-time workers hurt by on-call system
- 5 myths about late payments and your FICO scores
- Auto loan interest rates hit record low
[BRIEFING.COM] A solid November employment report translated into a solid day of gains for the major averages. While there was some talk that the encouraging job growth raised the odds of the Fed announcing a tapering at its December meeting, the message of the markets today was either that it didn't believe there would be a tapering this month or that it doesn't fear a tapering this month.
It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr ... More
More Market News
The Fed may start tapering in just a few months. Here are a few of the likely winners and losers.