Match

The Growing Popularity of Dating Apps

Match
  • Tuesday, July 29 2014 @ 08:12 am
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The online dating platform took several years for singles to embrace, undergoing much skepticism from the public. Does it really work? many would ask. It seems kind of desperate to join an online dating site, others might remark. There was a lot of judgment and confusion around the process, who joined, and what results it would yield.

Now all that’s changed because of our phones. According to a 2013 report from Pew Research, one in ten Americans have used an online dating site or app. And among singles looking for partners, that number is even higher, with 38% having used dating sites or apps.

It seems that dating apps have become a popular way to meet other singles, especially for people under 30. Gone is the stigma of looking desperate, or worrying about whether you’ll find “the one.” It seems instead people are opting for something that is simple to set up, simple to use, and completely accessible – scrolling through profiles and photos while you are in line at the drugstore, waiting for your friends at the bar, or bored with nothing better to do on Sunday afternoon.

Are people flocking to dating apps because we have become addicted to mobile technology? Or is it because online dating is much easier when you can access it over your phone? Perhaps it’s that meeting people through dating apps feels more like a game than something to take seriously, so it takes all the pressure off of participants?

According to a recent article in Business Insider, it could be all of these things. Regardless of the reasons, we’re starting to see a trend towards using technology for dating – with both online dating and mobile dating apps.

There does seem to be a generational divide. Younger singles under 30 prefer to use dating apps rather than online dating sites, and app developers are going after this market. There are an endless amount of new dating apps popping up every day, each offering something different, but all still relying on a hefty user base. Baby boomers and older daters however, still opt for the more traditional online dating options, which means Match.com and others share a good percentage of the market.

Most dating apps steer clear of the traditional online model of a monthly subscription service. Instead, they are offered for free, as this model tends to attract most users (and let’s face it – the value of any app or online dating site is in the numbers). In order to make money, several app developers have started offering a “freemium” model which gives users the option to pay for added features, like being able to search through more matches at a time, filtering their searches according to specific preferences, or chatting with someone they previously passed on.

Some are making money through advertising, though this can be distracting for users. Wyldfire, a new dating app, has made their advertising model a little more enticing by offering ads as incentives. When members get a certain percentage of likes, they get a discount on a service like Uber as a reward.

Some dating app developers speculate that the market will trim down over the next few years, and only two or three apps will be real contenders. Considering IAC owns most of the market – Match.com, OkCupid and Tinder are part of their roster – they may be right. In the meantime, we’ll have to see how it evolves.

Dating Giant IAC Buys How About We

Match
  • Wednesday, July 23 2014 @ 07:06 am
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  • Views: 2,617

IAC is positioning itself to be the center of the online dating world. Its 150 brands are cornering the market, particularly Match.com, OkCupid, and popular dating app Tinder. Now, it’s added How About We to its roster. Neither IAC or How About We disclosed the purchase price.

How About We offers a unique twist in online dating – focusing on the offline part of the process. Members can create date ideas, post them to How About We, and see if anyone cares to join them on the date. This bypasses the typical process of scrolling through profiles and matches as you would do on other sites.

The company has gone through a lot of changes in the last couple of years, starting with broadening its reach to include curated dating services for couples (extending their user base and approach beyond just the singles market). More recently, the company purchased popular online dating site Nerve.com, and added three new content websites to the mix to offer editorial on dating advice, celebrities, sex, relationships, and other hot topics.

Did it spread itself too thin?

According to the New York Times, How About We co-founder Aaron Schildkrout (now the chief executive for This Life, Inc., the parent company of How About We) thinks this will only broaden their opportunities. “We spent the last five years building and scaling HowAboutWe; our unique ‘offline dating’ experience has been used by millions of people and has helped many, many people fall in love. Our new partnership with IAC will help us bring this dating experience to an even larger number of people than ever before.”

This contradicts his statements earlier this year, where he positioned the company to compete heavily with IAC. “The online dating business is completely monopolized — IAC owns online dating,” Schechter told Fortune in January. “So what we’re trying to do is build a media company whose sole focus is love. And we think that’s the way to beat IAC.”

The How About We dating service and media properties were sold to IAC, but a portion of the company remains independent: the couples service. Last month, employees were reportedly left in the dark about whether or not they would be fired in the wake of the acquisition, with some being promised they would stay only later to find that offer recanted.

According to the New York Times, some employees will be moving to IAC, others will be staying to work on the couples service, and some have been laid off.

Match Aims to Control Online Dating Space with new Android Wearables

Match
  • Tuesday, July 15 2014 @ 06:57 am
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  • Views: 1,862

If you’re one of the largest and most successful online dating sites around, what would be your next move in the ever-changing dating market? Would you focus on growing your membership, improving your technology, or ramping up your marketing efforts?

Online dating giant Match.com has decided to focus on building its app business – since that’s where most online daters go now (instead of their laptops).

But Match.com has taken things a step further, trying to get ahead of the technology curve. They’ve announced that this month they will be launching one of the first dating apps for Android Wearables, so you can effectively “wear your heart on your wrist.”

Android Wearables are small, powerful devices worn on the body – kind of like a mobile phone worn as a wristwatch. More stylish and less intrusive than Google Glass (there’s no clandestine recording of someone as you’re watching them), Android Wearables make access to your mobile information a bit easier. For instance, you can respond to texts, instant messages and emails by voice. You can also ask for directions with its handy GPS feature, or reach fitness goals if you’re a runner or biker. It connects to your phone, so you can access the same basic information that’s on your mobile device, but it’s hands-free.

The Match app for Android Wearables will cater to busy and active singles who are already purchasing this new technology. The app offers basic features that you’d find with any online dating app, but it’s driven by voice commands, which makes it easier than typing when you’re out and about. Notifications for winks and messages from other members are sent straight to your Android wearable. With pulse notifications, you’ll know exactly when someone has reached out to you. To reply, simply swipe to read an incoming message and respond directly with the app’s voice command feature. (Make sure you are in a private place unless you want the general public to know about your dating life.)

You also receive your daily matches so you can choose who to respond to, rating with a “yes” or “no” a la Tinder. You can also find singles nearby with the handy GPS feature.

I’m not sure why it’s important to check your dating app when you’re on a bike ride or jog, but it seems that would be the point of using Android Wearables instead of just picking up your phone and silently texting your matches when you’re able. But maybe that’s just me.

The app will be available for Android Wearable users this month. For more on this service please read our Match.com review.

IAC Positioned to Take Over How About We

Match
  • Sunday, July 13 2014 @ 07:30 am
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The reach of IAC in online dating is enviable to its competition. The company owns Match.com, OkCupid, and has a majority stake in Tinder, and now they are looking to acquire a new company with a sizable chunk of the online dating market – How About We.

The buzz has already been growing about the possible acquisition, at least among the company’s employees. When there’s speculation about such a move, the first thing on employees’ minds is – will we still have a job after this acquisition happens?

According to a letter obtained by Business Insider, co-founder Brian Schechter addressed employees directly about the matter:

Indeed, we are still finalizing a deal and zero final decisions have been made. That a deal is even a possibility should remain completely confidential. I know this is a bumpy – and let’s face it – a weird moment but we should proceed in a manner that is really smart, graceful, and empowering for everyone.

It is a strange move considering the recent history of How About We. Earlier this year the company snatched up Nerve.com to compete with IAC. How About We wanted to build its brand in a different way – through its content and unique premise, including three new websites created in addition to Nerve.com. They also wanted to appeal to couples as well as singles, putting more marketing efforts into their How About We for couples date planning service. Most importantly, they wanted to distinguish themselves from the online dating giant IAC.

Despite the potentially lucrative news for co-founders Brian Schechter and Aaron Schildkraut, things have not been going smoothly, at least as far as employee trust and loyalty.

According to Business Insider, to whom the original letter was leaked, one staffer claims many employees had individual meetings with Schechter and Schildkrout last week on Wednesday and Thursday in a glass-walled conference room. During those meetings, the staffer said they were notified they could be fired due to budgetary restrictions when the company transitions to IAC. The founders relayed that after Monday they would know "how many people can stay."

However, it was also reported that three employees were later texted that they would be able to keep their jobs. However, Schechter recanted the offer when one of those employees reminded him of a recent raise.

Regardless of what ends up happening with the acquisition, the handling of it has been anything but “smart, graceful or empowering.” Maybe it’s time for How About We to end the date and move on.

Match.com Will Now Find You A Date…Who Looks Just Like Your Ex

Match
  • Friday, July 11 2014 @ 06:56 am
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Everybody’s got that one ex in their back catalogue. The one they think they’ll never get over. The one they’re sure is the love of their life. The one who convinces them they’re doomed to singlehood forever, because no one will ever compare.

You'll probably never get that ex back but now, thanks to a partnership between Match.com and a new matchmaking startup, you might have the chance to date someone who looks just like them.

It’s got to be one of the most unusual (or maybe just downright creepy) dating services out there at the moment. Match has teamed up with Three Date Rule to offer a “white-glove approach” to dating for the white-glove price of $5000. For that paltry sum, you can send in photos of your ex that Three Date Rule will use to find you a new suitor.

“If you like one facial structure, you will probably like someone with a similar facial structure,” explains Three Day Rule founder Talia Goldstein. In addition to finding a lookalike, TDR coaches will interview you in person and even go on pre-dates with potential matches to vet them before making an introduction. Why go through the gruelling work of weeding out weirdos when you could hire someone else to do it for you?

Three Day Rule matchmakers are a team of highly-educated dating experts known for their intuition, compassion, trustworthiness, and genuine desire to help clients find meaningful relationships. Most had successful corporate careers before making the transition to matchmaking, often at Fortune 500 companies. What sets the company apart from the competition is its unique blend of traditional matchmaking techniques (like in-depth personality assessment) with cutting-edge facial recognition technology designed to determine what clients are most attracted to.

The powerhouse partnership between Match and Three Date Rule is beneficial on both sides. "We know there is a segment of busy professionals on Match who would love to have a high-touch service to help them find a compatible partner," says Amarnath Thombre, President of Match. "People come to Match because of the quality and scale of our membership base, and now with Three Day Rule as a partner, we can combine the convenience of a white-glove matchmaking service with our huge community of high quality members."

For Three Day Rule, Match’s support means improved access to its current markets and eventual expansion to other markets. “With Match's support, we will be able to further build out our team of matchmakers and realize our vision of becoming the most recognized, trusted, and respected matchmaking brand in the country," says Talia Goldstein.

Match.com teams with Mensa and Android Wearables

Match
  • Monday, July 07 2014 @ 07:05 am
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  • Views: 1,632

Do you want your dates to be more intellectually stimulating? Do you get bored with conversations about where to eat or what movie to watch when you could be discussing political ideology or philosophy?

If the above describes you, and you prefer brains over beauty and boredom, then you might be interested in Match.com’s new partnership with the Mensa community. American Mensa and Match.com have teamed up to provide a dating experience exclusively for Mensa members, as well as provide all Match members access to some of the most intelligent people in the nation. 

According to Match.com, 80% of singles say they “must have” or find it “very important” to be with someone of the same intelligence level.  Additionally, 89% of singles would make a commitment to someone who was considerably better educated or more intellectual than themselves.

Because of the partnership, Match members will now have the ability to add a Mensa badge to their profiles to express their interest in the High IQ organization and will also have the opportunity to take the Mensa practice test for $1 at the Match.com Blog now through July 6, 2014.

While I’m not a fan of limiting your options when it comes to dating – everyone should meet a variety of people instead of just dating your type – it might be interesting to see how effective this partnership will be in creating lasting matches.

Match’s Chief Scientific Advisor Dr. Helen Fisher stated, “Why do we want a smart partner? Because intelligence is correlated with many benefits, including:  higher income; sense of humor; creativity; social skills; coordination; and problem solving. These are sexy.  Money can buy a sexy evening on the town. People everywhere gravitate to smart lovers, because an intelligent partner comes with a host of sexy perks.”

Daters with high IQs are not Match.com’s only focus. It was also recently announced that the company will be one of the first dating apps offered with Android Wearables; small, powerful devices worn on the body. So daters – there isn’t a need to constantly check your mobile device or computers. Instead, just look down at your wrist at your Wearable and check for messages, view and rate your daily matches, and find singles nearby. (Although I’m not really sure there’s much difference, since our phones are always in our hands anyway.)

Traditional online dating services are starting to branch out and appeal to new markets in order to remain relevant as new, trendy dating apps emerge. But Match.com seems to have a handle on its membership and continues to innovate. I’m curious to see what’s next.

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