San Mateo, CA (PRWEB) February 9, 2008
Consumers are expected to spend more this Valentine's Day with total spending projected to reach $17.02 billion, according to a survey by the National Retail Federation.
But not all that spending is intended for significant others: the survey, conducted by BIGresearch, found that consumers are planning to spend more on friends, classmates, and co-workers than in previous years. Consumers plan to spend $796 million on friends (compared to $696 million in 2007), $561 million on children's classmates and teachers (compared to $474 million in 2007), and $417 million on co-workers (compared to $339 million in 2007).
Even man's best friend is getting in on the love. 17.2 percent of survey responders who celebrate Valentine's Day also plan to buy gifts for their pets. Valentine's Day spending for pets is estimated to reach $367 million.
So no matter whom you're shopping for this Valentine's Day, NexTag can help you find the perfect gift.
Gifts for Your Sweetheart:
Flowers never fail if you want to go the traditional route. Or go high-tech: get the latest Apple iPod Nano in bubblegum pink, a hot new color released just in time for Valentine's Day!
Gifts for Friends and Family:
What better way to keep in text with your loved ones than with the newest phone? Get the LG Chocolate in fun new flavors. Another hot gift this season is the handy GPS. With prices falling like never before, now's a perfect time to give the gift of navigation.
Gifts for Co-Workers:
From gift baskets to gourmet candy, food is always popular with bosses and co-workers. These gifts are perfect to share around the office.
Gifts for Fido:
Don't forget about your pets on this special day. Show them how much you care with Valentine's Day-themed pet toys.
For more information about the NRF 2008 Valentine's Day Consumer Intentions and Actions Survey, view the study release at http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=466.
NexTag is the leading comparison shopping site for products, financial services, travel, automobiles, real estate, education and more. At the core of NexTag are proprietary technologies and algorithms that enable shoppers to quickly compare prices and find the best deals on millions of products and services. More than 17 million people per month use NexTag to research, compare, and save on products and services online (source: Nielsen/NetRatings).
NexTag has been named among the nation's fastest growing companies by Inc. 500, Deloitte Technology Fast 500/Fast 50, Red Herring Top 100, San Francisco Business Times Fast 100, and the Silicon Valley/San Jose Business Journal Fast 50. The company operates comparison shopping sites in the US, the UK, France and Germany. NexTag is headquartered in San Mateo, California with offices in London and Gurgaon, India.