Types (Niche)

Spark Networks Reports Third Quarter 2014 Financial Results

  • Tuesday, December 02 2014 @ 06:25 am
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Spark Networks, owner of many special-interest online personals sites including ChristianMingle.com, JDate.com, and BlackSingles.com, has reported financial results for the third quarter ending on September 30, 2014.

It was a time of major transitions for the company. The majority of the Board was removed in July. The new Board was primarily focused on right-sizing the corporate cost structure and improving marketing efficiency, two goals which were, according to Executive Chairman Michael McConnell, largely accomplished. “Improved marketing efficiency at ChristianMingle drove subscriber acquisition costs ('SAC') in September that were less than subscriber lifetime value ('LTV') for the first time since January 2012,” he reports.

On the numbers front, Spark Networks presents the following highlights:

  • Contribution of $9.0 million, highest since Q1 2009
  • Adjusted EBITDA of $2.5 million, highest since Q1 2010
  • Average paying subscribers of 257,679, a sequential decline of 6%
  • Revenue of $15.0 million, a decrease of 14% compared to the year-ago period and a 5% decrease compared to the prior quarter

As you can see, it's a mixed bag. The drop in revenue was primarily driven by a 14% decrease in average paying subscribers, reflecting a year-over-year 15% and 9% decline in average paying subscribers for the Christian and Jewish Networks segments, respectively.

On the up side, direct marketing expenses in the third quarter of 2014 were down 52% compared to the year-ago period and 24% compared to the prior quarter. Contribution in the third quarter of 2014 was $9.0 million, an increase of 90% compared to the year-ago period and a 14% increase compared to the prior quarter. In both cases, Christian Networks was the primary driver (improved marketing efficiency and a better mix within the paying subscriber base, to be more specific).

Looking forward, McConnell says the company's primary objective is to improve product functions and features across all platforms. A JDate iPhone app was recently approved and a ChristianMingle app should be on its way soon. Spark Networks is also looking to leverage its presence in Israel and outsource some other development activities in order to speed up product development.

"In summary,” says McConnell, “much has been accomplished in the last several months, but much work remains. The team has embraced our future with a sense of urgency and focus. We look forward to driving changes that create a terrific experience for our customers and support the core communities we serve."

Tinder Testing its New Premium Services by Charging up to $20 per Month

Hookups
  • Wednesday, November 26 2014 @ 06:52 am
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Just how crazy are single consumers for Tinder? And how much will they be willing to pay for the service?

The company is betting that certain features will be very valuable to Tinder users who have been requesting them since the service launched. So valuable that the company will be beta testing different price points in the UK, Germany and Brazil, with prices ranging from $.99 US to $4.99 to as high as $20.00 US for the premium version of the app, Tinder Plus.

Tinder Plus will roll out in these three markets first to determine how to proceed in other markets.

Facebook Is Letting Users Go Anonymous (Sort Of)

Social Networks
  • Tuesday, November 25 2014 @ 06:33 am
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Mark Zuckerberg has made plenty of comments over the years about the increasingly public way in which we live (something he seems to be an outspoken advocate of). There was also the recent controversy over Facebook's nearly-enacted real name policy. So it certainly comes as a surprise that a site so anti-anonymity has just joined forces with the Web’s most anonymous network.

Wired reports that Facebook launched “a Tor hidden service, a version of its website that runs the anonymity software Tor.” The new site can only be accessed by users running the Tor software, which bounces their connections “through three extra encrypted hops to random computers around the Internet, making it far harder for any network spy observing that traffic to trace their origin.”

Before you get excited that you'll finally be safe from Facebook's prying eyes, know that even Tor users are not anonymous to Facebook itself. But Tor can now protect your identity from every other threat to your security and privacy you may encounter while liking the latest clickbait from Upworthy. “You get around the censorship and local adversarial surveillance,” explains former Tor developer Runa Sandvik, “and it adds another layer of security on top of your connection.”

Prior to this development, Facebook made it difficult for Tor users to access the site – sometimes even blocking their connections altogether. Because Tor users appear to log in from IP address all over the world, Facebook's security infrastructure often mislabeled them as potential attacks from hackers. According to the Tor blog, “a high volume of malicious activity across Tor exit nodes triggered Facebook's site integrity systems which are designed to protect people who use the service.”

Now Facebook plans to be friendly to the odd, international connections that were formerly causing problems, and Sandvik says it provides an extra layer of security beyond what running Tor on the user’s end alone can offer. “When both the user and Facebook are running Tor,” explains Wired, “the traffic doesn’t leave the Tor network until it’s safely within Facebook’s infrastructure.” That means there's no opportunity for outsiders to spy on unencrypted traffic or decrypt it themselves.

Over the past few years, SSL encryption has become the standard for major sites like Google, Facebook, and Twitter looking to protect their users’ privacy. Sandvik believes Facebook’s Tor hidden service may mean that Tor will become the next basic privacy protection leading tech companies will be expected to offer their users.

For more on this social network you can read our review of Facebook.

JDate Launches New iPhone App

  • Sunday, November 23 2014 @ 11:40 am
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JDate, a popular dating website for Jewish singles, has launched a new mobile app for its members.

In the past couple of years mobile apps have taken off among daters, especially with the popularity of free and easy-to-use dating apps like Tinder, so traditional dating sites have had to step up their mobile game. After all, most people have their phones with them at all times and are able to log in anytime, anywhere, as opposed to their desktops.

Desktop dating is almost a thing of the past. Since it’s much easier to access phone apps, mobile dating apps tend to be stickier for users – attracting people to check in when they are waiting in line or for a friend to meet them, or just bored. The more often people are logging in, the more attractive it is to other potential users, which is what online dating companies want.

Enter JDate’s new app, which they describe as “a robust, on-the-go experience.” The features however are pretty standard, compared to what is already available via mobile dating apps. The big difference is their loyal user base – singles looking for relationships with similarly religious people.

Some of the new features include a better snapshot of each potential match. For each profile, you can easily see information such as location, religious preference (orthodox, reform, etc.), how well matched you are (0-100%), and from the same screen, you can choose to look at profile details, chat, email, or flirt with your match.

Photo access has improved, too. From the app, you can scroll through hundreds of photos of your matches (a la Tinder), as well as upload your own either from your phone, Instagram or Facebook.

Subscribers have the ability to chat instantly with other members who are either currently browsing the app or on the site from a desktop, and can hold multiple chats at once. They also have the ability to see who has favorited them or viewed their profile, and to see who is nearby via the “Members of the Tribe” feature.

The app also includes JDate’s popular “Secret Admirer” game, where a member can anonymously show interest in another member.

Reviews on the iTunes store have been mixed. Many users are happy with the results compared to apps of other traditional dating sites like Match and eHarmony because of JDate's easy-to-navigate format, but they are frustrated by the search capabilities as well as how long it took the company to make a well-formatted app.

JDate currently has over 750,000 members worldwide. To find out more about this service you can read our JDate review.

Asymmetrical Dating App Antidate Tests A New Approach To Mobile Romance

Mobile
  • Friday, November 21 2014 @ 06:47 am
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Antidate may be the antidote to disappointing mobile dating. At least, that's what they hope to be.

The dating app space is obviously exploding (thanks primarily to Tinder, but also apps like Happn and Hinge). The latest contender to enter the ring is Antidate, which hopes to knockout the competition with its asymmetric, gender-skewed approach to the dating app experience.

Here's the twist: male users are visible to women within the app (and their location is plotted on a map), but women aren't visible until they indicate interest in someone (by initiating a conversation, for example, or clicking a guy's profile). This strategy allows women to filter out unwanted advances while men get to sit back, relax, and let the ladies take the lead.

"When we first talked about a dating app, Tinder hadn’t launched and the only mobile dating apps we knew about were the gay ones like Grindr. We knew girls wouldn’t want to be viewable on a map so came up with the idea of an asymmetric experience for guys and girls,” co-founder Mo Saha told TechCrunch.

Saha saw benefits for both sides in Antidate's concept. Women could feel safer, knowing that their location information would never be revealed, and could avoid receiving messages from men they weren't interested in. Men who were tired of always making the first move could use the app to reverse the typical dating dynamic. “We also knew that online dating conversations are five times more likely to continue if started by a girl,” Saha noted. Win-win-win.

Antidate is still in the early stages, but it has a few other interesting tricks up its sleeve that might help it get noticed, such as:

  • A real-time selfie requirement that time stamps photos, to eliminate the problem of people posting out-of-date photos to their profiles
  • A rating feature, so users can indicate how much someone they met in real life looks like their photos
  • Ephemeral messaging, so communications between potential dates disappear after 24 hours
  • An Instagram usage requirement, which filters (no pun intended) the pool of prospective users and targets a younger, more social crowd

Although it's been in development for around 2 years, Antidate has only been out in beta on iOS for a few months. A full version launched recently and a marketing push is planned for the December holidays. Keep an eye out for what could be your new favorite dating app in 2015.

Facebook Branches Out Into Uncharted Territory: Anonymity

Social Networks
  • Thursday, November 20 2014 @ 06:53 am
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You could call Facebook many things, but 'anonymous' isn't anywhere on the list. In fact, it's pretty much exactly the opposite. A social network is social. It's about connecting with others and sharing (or creating, as some would argue) your identity. It's as public as it gets.

And yet, Facebook is in the process of boldly going where it has never gone before: anonymity. The New York Times has reported that Facebook is building a stand-alone mobile app that “allows users to interact inside of it without having to use their real names.”

“The point,” the NYT continues, “is to allow Facebook users to use multiple pseudonyms to openly discuss the different things they talk about on the Internet; topics of discussion which they may not be comfortable connecting to their real names.”

Little is known about the new app so far. It's unclear if it will allow anonymous photo sharing, for example, or if it will interact in any way with Facebook's main site, or how existing friend connections will be treated. It's also unclear how Facebook plans to protect against spammers and others who could exploit the anonymous service. So far, Facebook's heavily publicized real-name policy has played a large role in its strategy to prohibit abuse, so it's interesting to see the site suddenly embrace anonymity.

It's bound to come with challenges. On one hand, anonymity could allow Facebook users to be more vulnerable and form deeper connections (which is the ultimate goal of a social network, after all) than ever before. However, anonymity could instead mean never trusting what anyone says or who anyone says they are. The Internet is a notoriously harsh place, and many have attributed that harshness to anonymous usernames.

When real names are used, people are held accountable for their comments and actions. Civil discussions can occur, even around controversial subjects, because reputations are at stake. Without that in place, Facebook could see an increase in bullying, sexism, racism, homophobia, violence, and other undesirable behavior.

But there's also an argument to be made in the other direction. Perhaps not requiring users to identify themselves will make them feel more comfortable expressing controversial or unpopular opinions, or participating in conversations around sensitive or personal topics. Anonymity could be the key to more vulnerable sharing but more disruption, while authentic identity could decrease abuse while also decreasing discussion.

Facebook hopes its anonymous app can combine the best of both possibilities. They're better equipped than most to make that happen, but it won't be an easy road.

For more on this popular social network and how to use it to find dates you can read our Facebook review.

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