Features

Online dating can be time consuming, but it can also lead to burnout when matches are looking for different things, according to a new study by dating app Badoo.

The dating app surveyed its users and found that 78 percent can relate to experiencing burnout from dating, and that it can often feel like a chore because of mismatched intentions about what they are looking for. Dating fatigue happens a lot when dates aren’t honest about what they want from a romantic connection, according to Metro UK.

In addition to the feeling of wasted time spent dating people who aren’t so compatible, there’s also a cost - daters spend roughly 285 GBP per year on what are ultimately failed dates, and on average, daters have about six bad dates per year.

Tinder has debuted a slew of new features, and the latest is Music Mode, which automatically plays a user’s chosen “anthem” in their profiles, putting music preferences front and center to attract potential matches.

According to Tech Crunch, the new feature will play your chosen song in a 30-second loop while people scan your profile. Music Mode integrates with Spotify, so when members link to their Spotify accounts and set their anthems, they will be able to access Music Mode.

The feature will be found via the company’s new Explore section which offers a more interactive dating app experience. This is where users can search people according to interests and strike up conversations immediately, do a round of virtual speed dating or attend a virtual event. Tinder is focusing on this section of the app for younger daters who want a more interesting, immersive experience on dating platforms.

Tinder just debuted a new ad campaign in time for the holidays, one of the busiest times of the year for dating app users. The company hired creative agency Mischief@NoFixedAddress to appeal to young Gen Z daters, its target audience.

According to The Drum, the new ad tagline is “you’re not for everyone,” and highlights in a funny way some unusual passions of singles that not everyone will find endearing. The ad is meant to assure its users that no matter how unique their interests are, there will always be someone who’s into the same things.

The first ad features a woman doing astral projection from her living room floor surrounded by candles who loses her zen focus when a roommate wanders in.

Match Group’s dating app Match will offer a hand-picked matchmaking service to app users for $4.99 per week, according to a report from the Wall Street Journal.

The company hired and trained 50 dating coaches who will be selecting two matches per week for participating users. However, the Journal notes that the matchmakers will be choosing matches from the same dating pool that the algorithm already provides, and will filter choices based on members’ answers to four basic questions, such as what a person would change about their dating life and what kind of person they gravitate towards.

The new service is being touted as a human matchmaking offering, aiming to disrupt the traditional matchmaking industry where experts charge thousands of dollars to hand pick potential matches for their clients and to better prepare them for dating. Match is offering a bit of human curation for far less money (but without all the handholding), which could have an impact.

Jaime Freedman - VP of Content Creation

Image: Tinder

Dating app Tinder is focusing its attention on content creation, including virtual experiences, and has named a former NBC-Universal executive to head up its efforts.

According to an exclusive published in Variety, Jaime Freedman will take over as Vice President of Content Creation, following the company’s successful launch of Swipe Night, an in-app series that allows users to view and interact as they watch. Season two just premiered in early November, and Tinder will air new episodes each Sunday. 

Tinder’s goal with expanding its content offerings is to create more virtual experiences. All new content will be added to its Explore section, where currently users can watch the limited series, participate in virtual speed dating rounds, or search and message other users by interest. Tinder has also been testing Single Town, an avatar-based virtual experience where users can meet up at “bars” or other virtual settings and interact in real time over the app. The company intends to add this experience to its Explore section, too.

Dating app conglomerate Match Group has lowered their expected earnings for Q4, according to an earnings call with investors. The company said the adjusted forecast resulted from decreased revenue in Asian markets due to the pandemic. Shares declined 6 percent with the news.

According to Reuters, Match Group adjusted fourth quarter earnings revenue between $810 and $820 million, below analysts’ forecast of $838.5 million per Refinitiv. The company expects revenue for 2021 to be around $3 billion.

In the third quarter, revenue rose 25 percent, but still missed expectations. Match Group added 16.3 million paid users and revenue per person rose 8 percent. Their quarterly earnings came out to $.53 per share, missing the Zacks Consensus Estimate of $.60 per share, and has dropped from earnings of $.55 per share a year ago.