Though political pundits and economic advisors chime that our economy is in the beginning stages of a recovery, consumers have not loosened their money belts when it comes to planning or budgeting for a wedding. According to theweddingreport.com, a wedding statistics and market research company, since the first quarter of 2009, consumer spending on weddings has fallen almost 35 percent. Still, love is love and couples continue to marry – however, they are opting for more scaled-down affairs.
Brides Magazine and some noted event planners and vendors have come up with a few unique ways for couples to have the wedding of their dreams on a reduced budget:
Look for wedding planners that promote recession packages.
Many event-planning companies are taking advantage of the downturn in the economy by offering recession packages. However, buyer beware. According to Tecora Dawn of The Bou.Tique Group, “the event coordinator normally will reduce their commission from 15% to 12% and call it recession chic. Basically, they use the same vendors that charge the same astronomical prices, so all the consumer is getting is a reduction on the event planner’s commission fee. At The Bou.Tique Group, we use vendors whose prices are already lower and we also reduce our event planning commission.”
Look for non-traditional spaces to hold your wedding and reception party.
“Unique and unconventional spaces like rooftops or loft spaces are growing trends and tend be cheaper than big banquet halls,” says Blair Hunter-Grant of The Bou.Tique Group. “With the downturn in the economy, a lot of gallery owners are renting out space in their galleries between art exhibitions.”
Silk floral arrangements can be a great, inexpensive alternative to real or organically grown flowers. New design techniques have made silks look almost like the real thing.
“Silk flowers are a wonderful option to real flowers because you can set up your event or venue way in advance, particularly if your wedding is outside, and not worry about wilting” says Laverne Green of Florals by Fern. “ And your guests can take them home as a lasting memento of your event.”
Order your wedding gown from China.
According to Brides Magazine: A Beautiful Wedding for Less, a wedding dress from China looks like it cost a lot more than the price tag.
And last but not least, use a six-inch wedding cake as a prop.
“By having a wedding cake as a prop and letting your guests eat the dessert provided by the venue, couples can reduce the catering fee,” says Brides Magazine.