PNC Calculates the Cost of the 12 Days of Christmas in 2013
Laura McQuarrie — December 14, 2013 — Lifestyle
References: inthecapital.streetwise.co & dailyinfographic
The cost of the 12 Days of Christmas has been calculated over and over again, but this infographic by PNC shares how these costs have change over the last 30 years and what these costs really mean in 2013.
In 1984, the total cost for all of the birds, golden rings, leaping lords and other gifts would have cost about $12,000. PNC estimated that in 2012, these costs would have doubled and a year later in 2013, the total cost of the gifts from 12 Days of Christmas has risen to over $27,000.
The song has become a Christmas classic, but the practicality of purchasing all the gifts in the song have become unaffordable. If you want to impress your true love with these gifts, you will have to be ready to part with some serious cash to do so.
In 1984, the total cost for all of the birds, golden rings, leaping lords and other gifts would have cost about $12,000. PNC estimated that in 2012, these costs would have doubled and a year later in 2013, the total cost of the gifts from 12 Days of Christmas has risen to over $27,000.
The song has become a Christmas classic, but the practicality of purchasing all the gifts in the song have become unaffordable. If you want to impress your true love with these gifts, you will have to be ready to part with some serious cash to do so.
Trend Themes
1. Rising Costs of Christmas Gift Charts - The rising costs of the 12 Days of Christmas Gifts presents an opportunity for businesses to innovate and create more affordable gift options.
2. Alternatives to Traditional Gifts - Too costly traditional gifts such as those from the 12 Days of Christmas pave the way for businesses to offer alternative gift options.
3. Online Shopping for Christmas Gifts - Increasing prices for traditional Christmas gifts creates an opportunity to innovate online shopping platforms for more affordable gift options.
Industry Implications
1. Retail Industry - The rising costs of traditional Christmas gifts present opportunities for retailers to innovate and offer more affordable alternative gift options.
2. E-commerce Industry - The increasing use of online shopping for Christmas gifts presents opportunities for e-commerce businesses to develop more affordable and innovative gift options.
3. Tech Industry - Innovative tech solutions can be developed to provide consumers more affordable options to gifts that have become increasingly expensive, like the 12 Days of Christmas gifts.
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