Statistics

If you’re a woman looking for a date, you might have better luck on dating apps than the guys. According to a new report from GlobalWebIndex, there are nearly 91 million people around the world using dating apps, but two-thirds of these users are men. The market skews younger, too – 70% of users are between 16 and 34.

While dating apps are certainly hot right now, they are only making a dent in terms of overall popularity in the online market. The report also states that 6% of Internet users use a location-based dating app, which puts the category behind niches like augmented reality (108 million monthly users), as well as games and social networking with 655 million and 582 million respectively.

Tinder might be the most popular dating app among Westerners with $1 billion valuation this year according to the report, but Chinese dating app Momo seems to be doing three times better with a $3 billion valuation as of 2015. Momo claims that they have 60 million active monthly users compared to Tinder, who projects 40 million users by April of this year. Of those 60 million Momo users, 25 million are in China, but the rest are across the globe in places like the United Arab Emirates, Phillippines, Thailand and India.

But what about the valuations? Considering most of these apps are free to download and use, how is it that they can be worth so much?

The report notes this discrepancy, too. Despite the large pool of dating app users, only one fifth of users have opted to pay for premium services. This research comes as Tinder is rolling out its new paid premium service, Tinder Plus. The initial roll-out of Tinder Plus in the U.K. was not received well, and in fact caused people with the free version of the app to downgrade its overall score in the app market to 1.5 stars. (In rolling out the new features, Tinder had also curbed some of the existing features of its free app – including limiting the number of matches a user could get per day.) Momo has only signed up two million for its paid service.

While other competitors aim to find their place in the market – offering more features, options and quality to the large and growing pool of dating app users - it seems that making money could still be elusive. Most apps draw users in by offering a free product, and then rolling out a paid “premium” service, but the people aren’t really responding. At least not as much as they need to for sustainable growth. The report points out that generating ad-based revenue is still a viable alternative, even if it means in-app advertising to maintain a free service.

We’ll see what the major dating app companies do next.

Now that Valentine’s Day is behind us, many will forget the flowers and pink hearts lining the stores. But they won’t stop dating.

In fact, there are more studies than ever about the state of dating today – starting with Match.com’s annual survey of singles across America. Match found that daters were pretty optimistic, especially guys. More men than women believe in love at first sight, (and more women than men are afraid of commitment). 

Match.com also reveal women prefer their independence, much more than men do. Ninety percent of women want more personal space, 93% want to pursue their own hobbies and interests, and 64% want more time with friends. Most women prefer to wait 1-2 years before moving in, whereas men prefer to move faster – 6-12 months of dating before shacking up.

Also, there is something Dr. Fisher calls “The Clooney Effect” taking place. That is, men are going for intelligent, powerful women. 87% of single men would date a woman who makes ‘considerably more’ money and who is considerably better-educated and more intellectual than themselves; 86% seek a woman who is confident and self-assured, and 39% would also make a long-term commitment to a woman who is 10 or more years older.

So what’s holding you back ladies? It seems like you are in the driver’s seat when it comes to establishing a new relationship. “Technology is dramatically changing how we court, but it can’t change the brain systems for romance and attachment. And today’s singles are setting a high bar for courtship and marriage,” said Dr. Helen Fisher, anthropologist and lead researcher for Match.com’s study.

Zoosk has also come out with a study about the habits and preferences of online daters, so we can get a better picture of what singles are looking for. According to its figures, women like outdoor types – guys who posted pictures hiking, biking and other outdoor activities received 19% more messages than those who didn’t.

Also, selfies aren’t a great thing to use, unless you are expert with the camera. Women who took selfies received 4% more messages, while guys who posted selfies took a hit – they received 8% fewer messages. But the women who took full-body selfies? They received a whopping 203% more messages.

In both studies, men and women both preferred people who had a grasp of good grammar and spelling. If you chose to answer messages with “cuz” “im” or “u” – on average, you received 13% fewer messages on Zoosk. Match.com revealed this was the number one turn-off for daters (even over text), with 54% of women and 36% of men agreeing.

So if you’re looking for love in 2015, put a little time and effort into your search, and keep a positive outlook – you are in good company!

 

More than one in ten Americans have used a dating app or online dating service of some kind, according to a recent study from Pew Research. And dating apps are only increasing in popularity.

But despite peoples’ love of technology, online daters don’t seem to be finding what they want, and are not so satisfied with the dating app experience. No matter how many new apps hit the market, it seems the inherent problems with online dating (lying, old photos, bad behavior) – are still lingering, and affecting the overall user experience.

People tend to be more critical of dating apps than any other type of app, according to a recent report from Applause, which aggregates app ratings.

According to their report, dating apps consistently rank lower than almost any other kind of app available in stores to download. According to MarketWatch, “while the average app quality score in the U.S. is 67 out of 100 points across all categories, for dating apps, that number is 42 out of 100 — the lowest average score across categories.” The study looked at 53 different dating apps, all of which had more than 1,000 reviews.

While many people may blame apps for their poor online dating experience, the fact that the overall market is leaving people unsatisfied is telling. Online dating is a business, but one that involves people – who can be unpredictable and emotional, especially when it comes to dating.

For one thing, the currency of dating apps are people, so these apps must have a large database with a variety of choices to even compete with some of the major players like Tinder. If people receive the same matches over and over, or somehow “run out of options,” the dating app can be perceived as less valuable than other dating apps. Also, if a dating app user doesn’t like his matches, he’s likely to give it a lower rating, as opposed to others who have a good or even mediocre experience.

Of course, there are other things to consider when it comes to why dating apps aren’t faring so well among users. Some are annoyed with having to pay for special features, or when in-app advertising interrupts the service itself.

Surprisingly, Hinge and eHarmony – two online dating apps that emphasize the quality of their matches – scored low on overall user satisfaction, at least according to their ratings. They both earned an average score of 22 out of 100, and ranked as two of the 10 worst dating apps. OkCupid however, earned 62 points out of 100, putting it in the top 10 category with Skout and Let’s Date. Tinder ranked in the top 20, despite the many complaints and its reputation for being a “hook-up” app.

So what does this mean for online daters?  I guess we’ll have to see how dating apps evolve.

Turns out, Valentine’s Day is not just about couples, hearts and chocolates – it’s about swiping left and right with your dating app to see who's out there. Singles are optimistic about love on this particular holiday - and are saying yes more often to potential dates.

According to popular dating app Tinder, activity from users on Valentine’s Day this year surpassed any day since its launch back in 2012 – that is, the total number of swipes, messages, and matches were at the highest count in the app’s history.

The increased activity in advance of Valentine’s Day began on February 6, leading up to the all-time high on V-Day itself. Overall usage ticked up 7 percent week-over-week from the last couple of years, resulting in a 15 percent increase over the company’s long-term trends. Message activity was up 5.2 percent week-over-week, and matches were up by 6 percent.

Vanity Fair reported that the company found a 60 percent increase in matches per user who logged in to the app on Valentine’s Day from the previous Saturday. Unfortunately, the love didn’t last – user activity was back to normal by Sunday February 15th. It seems the pressure of romance’s biggest day contributed to the app’s popularity, but fizzled out just as quickly. It is also interesting to note that more men were on the app than women on Valentine’s Day, perhaps a reflection of Match.com’s latest “Singles in America” study, where they found that men were much more likely to believe in love at first sight than women.

Critics have been quick to point out that Tinder users are primarily looking for last-minute hook-ups, which might explain the Valentine’s Day craze. The company’s founder Sean Rad however, disagrees – noting that people go to bars and clubs all the time looking for potential for hook-ups. So why choose Tinder? According to Rad, Tinder is helping people overcome the challenge of approaching a stranger to say “hi” because the app makes it less intimidating, and the sting of rejection isn’t quite so high.

“People don’t realize this, but we’re an order of magnitude bigger than any other dating app,” Rad told Vanity Fair. “You really have to ask yourself, if that’s the critique of Tinder, are you critiquing Tinder, or are you critiquing society?”

Tinder is rolling out its new premium service Tinder Plus in the U.S. in March, which will allow paying members to go back and rekindle things with someone they initially rejected, and let users browse through profiles of people in other cities. The new service has already rolled out in the U.K.

A new "Dating Services in Canada Market Research Report" has been released in January 2015 by IBSWorld. The report requires payment to read the entire thing (no less than $725 US) but they did release a few interesting statistics for promotion that are worth mentioning.

According to IBSWorld the dating industry in Canada grew 6% from 2010 to 2015. They feel this rate is low due to the recent recession but the rate of growth is expected to increase in the next 5 years.

In Canada there are 255 businesses in the dating industry that employee 523 people. On average this means every dating business employees 2 people. In my experience the case more likely is that most of the businesses employee 1 person (the owner), a few probably employ 2 to 5 employees, and the very few employ 5 or more. The reason for such a low number of employees and high number of businesses is the relative ease and extreme low cost required to get into the dating industry. Free dating site software can be found online and web hosting can be found as cheap as $5 a month.

The report also mentions that revenue generated by the dating industry for the year in Canada is $153 million. This seems rather good especially with 255 businesses which would suggest that on average each generated $600,000 in revenue. This is not the case either. Most of these dating businesses probably either make virtually no money or only generate a few thousand a year in ad revenue. A few probably generate 10's of thousands, and even less generate hundreds of thousands or even a few million. I believe the majority of this revenue is made up of one dating site, Plenty of Fish. POF is located in the province of British Columbia, Canada. All of the other popular dating services are based in the United States. POF is a private company and no revenue numbers have ever been officially released. That being said they are one of the most successful dating sites in the world so I am sure their revenue for a year is probably 10's of millions of dollars. For comparison just take a look at the Match.com dating site. They are a public company owned by IAC and they reported the Match Group earned in the fourth quarter of 2014, $241.5 million US. That is only for 3 months so in a year they generate around 1 billion dollars. Now the Match Group is made up mostly of paid dating sites while POF is a free service which generates revenue from ads as well as paid upgraded memberships. I don’t expect POF to earn hundreds of millions every year but as I said, with their traffic I do see them earning 10’s of millions.

Is this latest IBSWorld report worth getting? It definitely would be an interesting read but the thing with the dating industry is that it is global. If you are opening a dating service you usually don’t just target one country. You would target continents as a whole like North America or Europe. If you are considering purchasing the document I would probably hold off and wait for the US version to come. The US is 10 times the size in population of Canada which is a much bigger customer base.

Is it too late to be talking about 2014?

We're already into February so the answer is probably yes, but I hope you'll forgive me. Especially if I include selected stats for 2015 as a peace offering. Do we have a deal?

I'll take your silence as a yes.

Match.com knows pretty much all there is to know about online dating – seeing as it's one of the biggest online dating sites around – so when Match speaks, I listen. The site closed out 2014 with a short infographic on some of the highlights of the year (including its 6 most popular members!).

It was (unsurprisingly) a busy year. 4.8 million pictures were added to the site, and 280 million photos were liked by users. Over 5 million (5.48, to be exact) dates were made, all around the country. Users in Albany logged in more than users in any other city, but Miami singles sent the most messages. Must have something to do with all the beaches and bikinis. The users who searched most outside of their city reside in Anchorage – which may, also, have to do with (Alaska's lack of) beaches and bikinis.

On the pop culture and technology fronts, hashtags continued to take over the Internet. The most used in one profile was a whopping 44! Selfies also continued to be a dominant force in the online sphere. 5,613 Match.com profiles contained the word “selfie” in 2014. Strangely, the only thing that came close to it was Disney's smash-hit kids' flick: 5,501 people said Frozen was their favorite movie of the year.

That's it for 2014, but Match.com has tirelessly turned out new stats for 2015 – even though we're only one month in. Following the holidays, singles feel an extra boost of motivation to join online dating sites. The busiest day of the year for Match.com tends to be January 4^th, with the best of the blitz occurring at 7:52pm CST. Certain cities feel an especially strong call to post-holiday online dating:

• Columbia, South Carolina
• Baton Rouge, Louisiana
• Jackson, Mississippi

Interestingly, all in the South. What's happening down there that makes everyone rush to romance after New Year's?

And just who, specifically, is joining up this year? According to Match, the average age of single men who join the site during the busy season is 35. Match also saw an uptick in certain groups signing up in 2015:

• Single Parents: up 45%
• Singles Who Work In Education: up 46%
• Single Bowlers: up 47%
• Curvy Single Women: up 50%
• Singles Quitting Smoking: up 45%
• Singles In The Fashion Industry: up 47%

So if you're into mid-thirties Southern fathers who teach for a living and bowl in their spare time, 2015 could be your year.