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2.1 million events per year. The average cost is something like $20K according to five seconds' googling (sounds high for an average, but let's go with it). Tha
by hugh3 16y ago
2.1 million events per year. The average cost is something like $20K according to five seconds' googling (sounds high for an average, but let's go with it). That's a $42 billion a year industry. There's a lot of people already making a lot of money by servicing this industry.
Oh, and there's a whole publishing industry devoted to bridal magazines and websites, so it's reasonably easy to reach your target market if you have an advertising budget. Difficult to bootstrap though.
- dagw 16y agoGiven that I know several people who spent less than $1K on their wedding (and indirectly one who spent by all estimates over $200K) imagine that that $20K number has pretty huge variance. The really interesting number I'd want to know is how many weddings cost more than, say, $15K.