Transcript

The Economic Power of Fear

CREDITLOAN REAL ANSWERS. REAL SOLUTIONS. Fear The Economic Power of Fear is powerful. It's also big business, especially in the month of October. But how much does fear really cost? Yearly Halloween Participation 170 million 158 million Halloween spending has increased 54.7% since 2005, but has taken a slight turn south since 2012. consumerS consumerS Despite this, consumers are spending billions to celebrate Halloween. $79.82 spending per person $75.03 spending per person 2012 2013 Spending on Halloween Amounts in $ Billions $8.0B $8 $6.7B $6.9B $7 total $5.8B $5.8B $6 $4.9B $5.1B $4.7B $5 $4 $3.3B costumes $3 candy $2 greeting cards $1 $0 decorations 2005 2006 2007 2008 2009 2010 2011 2012 2013 Theme Parks Theme parks around the country have been taken over by the spirit of Halloween. Universal Studio's Knott's Bush Gardens' Halloween Scary Farms Howl-o-Scream Horror Nights single ticket $38 - $54 $30 – $65 $91.99 fast pass $35 - $75 $40 – $50 $49.99 - $109.99 upgrades &more $24.99 - $60 $26 - $183.60 $59.99 - $239.99 Haunted Houses Can't make it to any of these events? Many cities have their own haunted houses that are typically open throughout the month of October. 1,200 8,000 $300-500 million $85 million haunted house attractions in America people attend, on average in ticket sales yearly generated by haunted house attractions spent on advertising and marketing Horror Movies 2013 has been a big year for horror in movies, proving that people are willing to spend money to be scared. CONJURING THE MOST TERRIFYING FILM YOU WILLEER EXP CE MAMA WORLD WAR INSIDIOUS CHAPTER World War Z The Conjuring $202,351,611 Insidious 2 $74,773,153 Mama $71,628,180 Evil Dead $54,239,856 $137,163,051 Thrillseekers Climbing Mt. Everest $35,000 - $100,000 Thrillseekers pay big money to be afraid, even with the risk of death. Skydiving $85- $200 Hang Gliding $200- $5,000 Ziplining $45-$120 Bungee Jumping $100 Extreme Kidnapping $1,500 Swimming with sharks $120-$345 Running with bulls free From haunted houses to scaling the world's highest mountain, fear not only has a major impact on our lives, but our wallets as well. Sources http://www.thenumbers.com/market/2013/top-grossing-movies http://www.skydivingmagazine.com/faq.htm http://www.everyday-wisdom.com/bungee-jumping-questions.html http://www.nrfcom/modules.php?name-News&op=viewlive&sp id-1668 http://www.americahaunts.com http://www.investopedia.com/financial-edge/1012/how-much-americans-spend-on-halloween.aspx http://www.statisticbrain.com/halloween-statistics/ http://retailindustry.about.com/od/statisticsresearch/a/Halloween-Spending And-Retail-Buying-Trends-2005-2010-Sales-Predictions 2.htm http://www.halloweenhorrornights.com/orlando/tickets.html http://business.time.com/2012/01/23/the economics-of-everest/ http://adventuretravel.about.com/od/ecotourism/ht/howtozipline.htm http://articles.latimes.com/2012/may/26/business/la-fi-zip-lines-20120526 http://www.dailymail.co.uk/news/article-2307116/Would-pay-1500-abducted-broad-daylight-tortured-Welcome-bizarre world-extreme-kidnapping.html http://www.ushpa.aero/faq.asp#How much does all this cost

The Economic Power of Fear

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Halloween spending has increased 54.7% since 2005, but has taken a slight turn south since 2013. Despite this, consumers are spending billions to celebrate Halloween.

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