Valentine’s week, the week to celebrate love and to be all loved-up and mushy-gushy, Valentine’s day is about gifts and celebration. It is a great time for couples to celebrate their love using materialize gifts. Valentine’s week is a great time for companies to selling and earning great profits. The companies come up with great ideas based on Valentine’s day and earn huge profits during the season.
The profitable businesses during Valentine’s day are cosmetics business, Clothing business, shoe business, chocolates, flowers, and soft-toys, grooming business, restaurants and cafe business.
The business market reaches into strategic heights as the market reaches to billion- dollars since people spend huge money on Valentine’s week on buying gifts.
The market of America during Valentine’s day billion dollars to exceed $20.7 billion in 2019 a 6% increase over last year’s $19.6 billion in 2018.
The largest industries who earns the major profit are jewelry at $3.9billion, Clothing/lingerie at $2.1 billion, flowers at $1.9 billion, candy at $1.8 billion, gift cards at 1.3 billion and greeting cards at $933 billion as these industries see a boost in their sales.