Dating service industry

Posted by / 06-Jul-2020 20:01

Dating service industry

The average price of online dating services is between and dollars a month.

It was initially a very lucrative business to be in with online dating services soaring in popularity since 2001 and representing nearly 50% of the dating market’s value.

At present the online dating industry is a 700 million dollar industry.

Because of the decline in industry growth, dating sites have focused on increasing conversions of viewers into paying subscribers in order to keep growing.

Matchmaking is one of the world's oldest professions.As more and more singles migrate to free social networking sites, however, the profitability of dating services is narrowing to those services with the best reputations and largest network communities. Off-line chains and matchmakers are posting moderate growth, but radio datelines and print personals continue to slide.Speed dating continues to do well, along with certain niche markets."( This is good data. Remember that public companies publish annual reports.The single population over the age of 18 in the United States is estimated to be between 92 and 100 million people.Of that number, approximately 16 million have tried online dating services.

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It also requires the least amount of effort and embarrassment.