|Holiday Shopping Statistics|
|Amount spent annually on holiday shopping||$52 Billion|
|Average amount shoppers spend on gifts this year||$804|
|Consumers who will shop online||90%|
|Tablet owners who will shop on their device||70%|
|Shoppers willing to pay full price for an item they want||16%|
|Hallmark Christmas Cards purchased||1.5 Billion|
|Shoppers looking for promotions on clothes and electronics||51%|
|Shoppers who purchased toys||33%|
|Shoppers who purchased gift cards||23%|
|Shoppers who purchased home decor items||21%|
|Total spent on real Christmas Trees||$1.22 Billion|
|Total spent on fake Christmas Trees||$685 Million|
I ran a quick term quote for Buddy the Elf* and came back with $37 monthly premium for a 30-year term $500,000. Compare this with the average consumer holiday spending of $804.
That’s almost two years of life insurance protection, all spent in a month on gifts. Wow.
Let’s say we have a death claim and we invest the proceeds in a conservative account earning 3% annually. The interest alone yields $15,000. That’s 18.6 holiday seasons worth of gifts for those keeping track.
Consider “The Gift That Keeps Giving” this year. But instead of Jelly of the Month Club, try life insurance.