Valentine's Day 2017 Shopping Trends

Procrastination is going to cost you big this year

Author Photo of Mike Catania By: Mike Catania / Twitter @chompy
Chief Technology Officer
Published: 2/14/17 | Updated: 10/17/17

|Illustration by Ainsley Adao for PromotionCode

A few weeks ago, we told you that August 2nd was the perfect Valentine's Day from a frugal perspective. Not only did you choose to not heed our advice by spending a record amount of money on Valentine's Day (about 7% more than 2016), but even more of you waited until the last minute.

Last-minute Valentine's Day shopping (February 13th and the morning of the 14th) accounted for about 10% of the total coupons used for Valentine's Day-related expenditures. This was up by 25% from last year.

Procrastinators need to learn one thing: you're only hurting yourselves. Starting on February second, each day you wait adds about 1% the total cash outlay, so by waiting until the night before--or worse--today, you're paying an extra 15% on items that have already been marked up by about 60%.

Mike Catania, Chief Technology Officer

The founder and CTO, Mike Catania oversees IT and Data Services. He has contributed to small business and retail coverage in Harvard Business Review, Fast Company, Business Insider, Inc., USA Today, NBC News, Fox News, US News & World Report, Reader's Digest, Bankrate, Huffington Post, as well as radio.