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Sprayber
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Dixie
Oct 2000
time: 23:33
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http://www.msnbc.msn.com/id/3078729/
Very long article so if you want to continue go to the link. It goes on to talk about the Married but Looking folks as well which I posted an abbreviated version. What do you all think about Online Dating? Is it a good thing, a bad thing or just like dating people you meet at a bar or grocery store..
quote:
Sept. 19, 2002 - Selling love over the Internet seems like the perfect business model. Virtually all your content is donated for free. Your customers are motivated by the strongest urges mother nature can conjure up. And they think $20 a month is cheap compared to the price of a drink at a singles’ bar. Until recently, there had been a catch — the weird factor. But that’s a distant memory now, since it seems everyone’s doing it. Virtual matchmaking has become the Internet’s third killer app, behind e-mail and the Web. Can the “mad growth,” and genuine profits, continue?
Far from the cloak-and-dagger days of newspaper personals, online dating has gone mainstream. Match.com sponsored NBC’s Wimbledon coverage last month. Yuppie New Yorkers sometimes include their Nerve.com aliases in every e-mail, as part of their virtual calling card.
Over 18 million people visited online personal Web sites in June, according to research firm Jupiter/Media Metrix — up from 14.8 million last October. And nearly one in five men who are online say they do some “window shopping” on the personals at least once a month.
Those meteoric growth numbers have been seen before in the age of the Internet, from many dot-com flameouts. But there’s a critical difference in the online personals space — paying subscribers.
Perhaps money can’t buy you love. But love, it turns out, is one of the few things people are willing to buy online.
A real return to romance
Market leader Match.com now has 600,000 customers forking over about $25 a month.
uDate.com, which also operates Kiss.com, had $1.5 million in revenue in June 2001; last month alone, the company took in $4 million, according to president Martin Clifford, and the company has just enjoyed its fourth straight profitable quarter.
Yahoo, No. 2 in the online personals category, is much cagier about its growth, but the company beat its chest about its love site at its most recent quarterly earnings announcement, saying personals made a “very significant contribution” to revenues.
“I don’t know if you’ll continue to see the current mad growth,” said Jupiter analyst Stacey Herron. “But online personals will still grow at a healthy rate.”
The key, Match.com president Tim Sullivan says, has been marketing efforts to “legitimize the category” during the past 12 months.
“My own sister got married last month to a guy she met on Match. It’s very mainstream now,” Sullivan said. “Anywhere I go, if I’m in a crowd of more than 6 people and say what I do, invariably someone comes forward and says that they have been using Match.” |
quote:
Married, but looking
Just as love can be messy, and so can the love business. It turns out that personals are popular not only with the brokenhearted, but also with broken marriages, putting the sites at the center of some sticky moral questions. Research published earlier this year indicated that about one-third of online personals users are married; Clifford thinks 20 million married Americans will be interested in using online personals in the coming years. |
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Cruddy
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Online dating? It doesn't have quite the same excitement as real time pulling, but it's entertaining and mostly harmless, I reckon.
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Zopperoni
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quote:
Originally posted by Drake Tungsten
Wasn't Amazon one of the first dot-coms to turn a profit? |
It started making profit last year, but it was only US$ 100,000 or so. Hardly impressive after eight years of hanging around.
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Zopperoni
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E-Bay's net income for 2002 was US$ 250 million, up from US$ 7.3 million in 1998, so they're doing well.
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Zopperoni
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I'm not sure, but they could very well be.
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16-01-2004 11:40
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