Secondhand wedding businesses partner up to help ex-brides & grooms
Miami, New York, USA – Weddings are for many one of the most emotional and most costly day of their lives. More often than not, large sums of money are paid out to various vendors in advance deposits. Usually as early as six months prior to the big day, over half the total balance must be paid to the venue, caterer, DJ, photographer etc. And let's not forget to mention the other necessary items purchased like the engagement ring, wedding dress and wedding bands.
Unfortunately though, for one reason or another, sometimes the couple decides they are unable to go through with the wedding and it needs to be called off. In such situations most couples lose their deposits and have to not only deal with a severe emotional loss, but also a significant financial one which is often hidden in lost deposits and strict vendor cancellation policies.
American weddings are a $51 billion dollar industry. According to a recent study by The Wedding Report Inc, 270.000 or 13% of couples each year cancel their wedding. Keep in mind that the average wedding cost is around $25,656, so for those couples who decided to not take the walk down the aisle, this can be a huge loss.
It turns out the biggest expense, 38% of the overall wedding budget is connected to the wedding venue rental and catering services, where also the strongest cancellation policies are enforced. Wedding rings make 10.2 % of the overall budget.
Unfortunately though, for one reason or another, sometimes the couple decides they are unable to go through with the wedding and it needs to be called off. In such situations most couples lose their deposits and have to not only deal with a severe emotional loss, but also a significant financial one which is often hidden in lost deposits and strict vendor cancellation policies.
American weddings are a $51 billion dollar industry. According to a recent study by The Wedding Report Inc, 270.000 or 13% of couples each year cancel their wedding. Keep in mind that the average wedding cost is around $25,656, so for those couples who decided to not take the walk down the aisle, this can be a huge loss.
It turns out the biggest expense, 38% of the overall wedding budget is connected to the wedding venue rental and catering services, where also the strongest cancellation policies are enforced. Wedding rings make 10.2 % of the overall budget.
"I need to sell fast…there is also a house involved and now lawyers so I could use all the help I can get!"
- Sarah, Pennsylvania, USA
"Unfortunately we have had to cancel our wedding due to personal reasons and are willing to offer a good rate for a wonderful wedding. I have lost all my savings so if I can help someone get a cheap wedding already done and I can get some money back then it’s a win-win."
- Andrea H., London, UK
To better address the needs of these couples, two pioneers and leaders in the secondary wedding market, CanceledWeddings.com (www.canceledweddings.com) and I Do Now I Don't (www.idonowidont.com), teamed up to provide a hassle free one-stop shop concept to help couples in US with their canceled engagements and wedding plans.
“We try hard to help couples solve their problem with deposits and their vendors’ cancellation polices by re-selling their cancelled event as a prepackaged wedding at a discount to another couple. A key component in a wedding is not only the event itself that our service specializes in, but also the rings and dresses - when canceled, the couple must deal with all of it at once.” – says Peter K. Ulrich, CEO of the Canceled Weddings.
"As wedding and event management industry insiders, we know how to move vendor contracts and protect our clients, which gives us a chance to provide great deals to brides and grooms world-wide. However, this is a very different task, infrastructure and skill set than that which is necessary to be able to successfully resell wedding jewelry and dresses. We’re excited to partner with wedding jewelry experts I Do Now I Don't and be thus able to provide our US clients greater value with a one-stop shop solution.” – says Michaela Durinova, Canceled Weddings USA Country Manager.
“I created I Do Now I Don't as a result of my own broken engagement and it's truly become my goal to help others turn their misfortune into another person's fortune, as well as a cathartic experience for themselves. At I Do Now I Dont, we guarantee both our buyers and sellers a safe and secure environment, as well as incredible deals and savings. We're thrilled about this new partnership with Canceled Weddings as we see a real need to provide couples with resources to help them salvage financial loss due to their canceled wedding-- whatever the reason may be." – says Joshua Opperman, CEO of I Do Now I Don't
“We try hard to help couples solve their problem with deposits and their vendors’ cancellation polices by re-selling their cancelled event as a prepackaged wedding at a discount to another couple. A key component in a wedding is not only the event itself that our service specializes in, but also the rings and dresses - when canceled, the couple must deal with all of it at once.” – says Peter K. Ulrich, CEO of the Canceled Weddings.
"As wedding and event management industry insiders, we know how to move vendor contracts and protect our clients, which gives us a chance to provide great deals to brides and grooms world-wide. However, this is a very different task, infrastructure and skill set than that which is necessary to be able to successfully resell wedding jewelry and dresses. We’re excited to partner with wedding jewelry experts I Do Now I Don't and be thus able to provide our US clients greater value with a one-stop shop solution.” – says Michaela Durinova, Canceled Weddings USA Country Manager.
“I created I Do Now I Don't as a result of my own broken engagement and it's truly become my goal to help others turn their misfortune into another person's fortune, as well as a cathartic experience for themselves. At I Do Now I Dont, we guarantee both our buyers and sellers a safe and secure environment, as well as incredible deals and savings. We're thrilled about this new partnership with Canceled Weddings as we see a real need to provide couples with resources to help them salvage financial loss due to their canceled wedding-- whatever the reason may be." – says Joshua Opperman, CEO of I Do Now I Don't
Canceled Weddings
Canceled Weddings (www.CanceledWeddings.com) is an international wedding brokerage firm specializing in the secondary market for canceled wedding plans and honeymoons. The company helps couples reduce the financial burden of their wedding cancellation by re-selling it as a pre-packaged wedding at a discount to flexible couples or to those looking for a good deal. The CanceledWeddings.com portal is a global online brokerage service with regional arms in USA, Canada, UK, Ireland, Australia, New Zealand and India backed by a cosmopolitan team of wedding and event management professionals helping couples worldwide to save money. It’s a win-win for everyone!
ABOUT I DO NOW I DON'T (www.idonowidont.com)
I Do Now I Don’t (IDNID) is unlike any online site you’ve ever seen. It all starts with a simple premise - put buyers and sellers together where both end up with a great price for their jewelry and other collectables. The site offers an outlet for people ready to unload their leftover “assets” from a failed relationship, divorce or a diamond ring they have not worn in years. Items for sale at any time range from diamonds, engagement rings, vintage and antique engagement rings, wedding rings to wedding dresses and collectible watches. Many items come with great stories that transform a generic gem into unique shopping experience. Buyers, in turn, get a great discount and the opportunity to own higher quality jewelry than they thought they could afford.
I Do Now I Don’t is all about providing buyers and sellers with security, simplicity and superior service. Each diamond sold on the site is inspected by our GIA trained and accredited gemologist to assure its authenticity. The buyer's money is released to the seller only when the diamond certification process by our expert is complete. In a world where so much is uncertain, our process allows everyone to buy and sell jewelry in 100% safe, secure and trusting environment.
Canceled Weddings (www.CanceledWeddings.com) is an international wedding brokerage firm specializing in the secondary market for canceled wedding plans and honeymoons. The company helps couples reduce the financial burden of their wedding cancellation by re-selling it as a pre-packaged wedding at a discount to flexible couples or to those looking for a good deal. The CanceledWeddings.com portal is a global online brokerage service with regional arms in USA, Canada, UK, Ireland, Australia, New Zealand and India backed by a cosmopolitan team of wedding and event management professionals helping couples worldwide to save money. It’s a win-win for everyone!
ABOUT I DO NOW I DON'T (www.idonowidont.com)
I Do Now I Don’t (IDNID) is unlike any online site you’ve ever seen. It all starts with a simple premise - put buyers and sellers together where both end up with a great price for their jewelry and other collectables. The site offers an outlet for people ready to unload their leftover “assets” from a failed relationship, divorce or a diamond ring they have not worn in years. Items for sale at any time range from diamonds, engagement rings, vintage and antique engagement rings, wedding rings to wedding dresses and collectible watches. Many items come with great stories that transform a generic gem into unique shopping experience. Buyers, in turn, get a great discount and the opportunity to own higher quality jewelry than they thought they could afford.
I Do Now I Don’t is all about providing buyers and sellers with security, simplicity and superior service. Each diamond sold on the site is inspected by our GIA trained and accredited gemologist to assure its authenticity. The buyer's money is released to the seller only when the diamond certification process by our expert is complete. In a world where so much is uncertain, our process allows everyone to buy and sell jewelry in 100% safe, secure and trusting environment.
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