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Archive 2012 · Latest Market Research on What Brides are Spending, Wanting

  
 
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p.1 #1 · Latest Market Research on What Brides are Spending, Wanting


Interesting stats from recent market research: http://www.rocknrollbride.com/2012/06/spending-habits-of-the-newly-engaged-how-couples-choose-their-wedding-suppliers-market-research-from-splendid-communications-brides-magazine/

♥ The percentage of couples paying for the wedding reception exclusively themselves (36%) is up significantly vs. 2009 (29%) with 62% of couples contributing or paying entirely.

♥ There is an emphasis on style with wedding dress costs continuing to increase. The average cost of a wedding gown is now $1,355, up from $1,289 in 2011. Average costs of bridesmaid dresses ($145 vs. $143 in 2011), groomsmen attire ($137 vs. $121 in 2011) and honeymoon attire ($902 vs. $845 in 2011) has also increased. We’re also seeing an increase in grooms buying tuxes rather than rent.

♥ Couples remain committed to personalisation with
...Show more

I found the numbers quite striking when comparing them to our own wedding, which took place last summer, as well as what we've seen and where we've priced ourselves from the other end of the aisle as wedding photographers.



Jun 19, 2012 at 01:56 PM
deepbluejh
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p.1 #2 · Latest Market Research on What Brides are Spending, Wanting


Sounds about right. I read a survey from a different source a few years ago and the numbers were similar to what you list here.

Curiously, how do these numbers differ from your own wedding last year?



Jun 19, 2012 at 01:59 PM
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p.1 #3 · Latest Market Research on What Brides are Spending, Wanting


deepbluejh wrote:
Sounds about right. I read a survey from a different source a few years ago and the numbers were similar to what you list here.

Curiously, how do these numbers differ from your own wedding last year?


Hmm...off the top of my head, we spent around 1/3rd of the survey amounts on flowers and photography, and around 1/6th the survey amounts on the rings.



Jun 19, 2012 at 07:26 PM
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p.1 #4 · Latest Market Research on What Brides are Spending, Wanting


Spending more on photography than rings ? That can't be right. The average for the rings seems pretty low.


Jun 19, 2012 at 07:58 PM
mjoshi
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p.1 #5 · Latest Market Research on What Brides are Spending, Wanting


I seriously hope they are not including any Indian weddings in their survey sample. It will skew this picture pretty bad , Last two weddings I've seen had nearly 1000-1200 guests for wedding, and it goes on for 2-3 days with ceremonies + reception.


Jun 19, 2012 at 08:27 PM
RichardLavigne
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p.1 #6 · Latest Market Research on What Brides are Spending, Wanting


My guess is that wedding ring figure does not count the engagement ring, but just the wedding rings.

In 2008, we paid $900 for our wedding rings.... but we spent $3500 on photography.



Jun 19, 2012 at 08:28 PM
TTLKurtis
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p.1 #7 · Latest Market Research on What Brides are Spending, Wanting


These numbers all sound super low. Maybe that's the average though I don't know.


Jun 19, 2012 at 08:41 PM
gabemc
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p.1 #8 · Latest Market Research on What Brides are Spending, Wanting


curious how these numbers compare to the market up here in Canada.


Jun 19, 2012 at 08:52 PM
D. Diggler
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p.1 #9 · Latest Market Research on What Brides are Spending, Wanting


TTLKurtis wrote:
These numbers all sound super low.


I don't know standard pricing on flowers, rings, and dresses but photo pricing and reception venue pricing sound about right.



Jun 19, 2012 at 11:48 PM
Mike Mahoney
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p.1 #10 · Latest Market Research on What Brides are Spending, Wanting


From a marketing perspective the most interesting parts of the survey are the influences on couples purchasing decisions, and where / how they encounter those influences.


Jun 20, 2012 at 06:32 AM
DannyBostwick
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p.1 #11 · Latest Market Research on What Brides are Spending, Wanting


Those numbers are almost exxxaccctly what I am speeding on my wedding in the fall. However rings were definitely a bit more.


Jun 20, 2012 at 07:05 AM
deepbluejh
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p.1 #12 · Latest Market Research on What Brides are Spending, Wanting


marti.g3 wrote:
Spending more on photography than rings ? That can't be right. The average for the rings seems pretty low.


I would imagine that's just the wedding bands, not the engagement ring (which is typically much more).



Jun 20, 2012 at 08:02 AM
TRReichman
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p.1 #13 · Latest Market Research on What Brides are Spending, Wanting


TTLKurtis wrote:
These numbers all sound super low. Maybe that's the average though I don't know.


Averages are just that. I'd like to see where they are cutting off samples, like what was the lowest budget included and what was the highest?

- trr



Jun 20, 2012 at 08:02 AM
deepbluejh
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p.1 #14 · Latest Market Research on What Brides are Spending, Wanting


TTLKurtis wrote:
These numbers all sound super low. Maybe that's the average though I don't know.


I think you would be shocked how many people spend relatively little on their wedding. Spending $4000+ on a photographer is by far the exception and not the rule.



Jun 20, 2012 at 08:03 AM
TAGfan
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p.1 #15 · Latest Market Research on What Brides are Spending, Wanting


I'm actually surprised that the average is that low for photography - but it depends a lot on who the sample population was, and how many people were included in that sample.


Jun 20, 2012 at 08:32 AM
Mike Mahoney
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p.1 #16 · Latest Market Research on What Brides are Spending, Wanting


TAGfan wrote:
I'm actually surprised that the average is that low for photography - but it depends a lot on who the sample population was, and how many people were included in that sample.



The US average has been around $2,000 for a while .. and it's been that with all of the surveys I've seen. So it's probably a reliable number.



Jun 20, 2012 at 08:49 AM
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p.1 #17 · Latest Market Research on What Brides are Spending, Wanting


TAGfan wrote:
I'm actually surprised that the average is that low for photography - but it depends a lot on who the sample population was, and how many people were included in that sample.


I'm not at all. Before we started looking into photographers for our own wedding, I couldn't imagine it could cost 2k for a photographer. We spent a fraction of that, but our photographer has since tripled her prices for the same amount of coverage, so she's right in that ballpark too.



Jun 20, 2012 at 12:39 PM
bwield
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p.1 #18 · Latest Market Research on What Brides are Spending, Wanting


In my market many people expect to pay somewhere between $2000 - 4000.

This is just anecdotal / straw poll data from what I would say are "average" wedding couples.



Jun 20, 2012 at 12:47 PM
D. Diggler
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p.1 #19 · Latest Market Research on What Brides are Spending, Wanting


deepbluejh wrote:
Spending $4000+ on a photographer is by far the exception and not the rule.


Oh, by FAR!



Jun 20, 2012 at 12:53 PM





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