Too Late for Halloween $$$

Well, its the fall and that means lots of things, but on many college campuses — Halloween is a big party. And that means that there are many opportunities for campus entrepreneurs…. Costumes obviously are one angle… Temporary stores (of empty retail spaces on campus)  or tables on campus (in the union or the quad) could be an easy distribution method for halloween wares… Hosting parties or selling promotions to/for local bars, restaurants, and liquor sellers could also be worth exploring…. or pumpkin/candy deliveries for social groups (frats, clubs, etc.) Any others? Are these too base or sin related? We are talking about a campus here. Here are some numbers from Birmingham Business Journal.

Retailers are anticipating a big Halloween this year, with consumers spending an average of nearly $65 per person, compared to $59 last year, for a total of more than $5 billion.

According the National Retail Federation‘s Halloween Consumer Intentions and Actions Survey, spending will rise in all categories, which includes candy, costumes and greeting cards.

On average, $23.33 will be spent per person on costumes, with those aged 18 to 24 spending more than $34 on a costume – nearly twice as much as they plan to spend on candy.

“Halloween should give retailers a nice boost in sales as they open the crucial fourth quarter,” said Tracy Mullin, president and CEO of NRF. “This is the time of year that retailers are at their best, stocking the shelves with new and innovative products to help consumers celebrate in style.”

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