Currently with the US market saturated with over 1000 dating websites, things are slowing down and leveling out.
Original growth statistics were approximately 70% a year, but by 2006, the growth of the industry slowed to just 10%. It is expected that this downward growth trend will continue through the year 2011.
Some sites, especially niche dating sites, choose to let users sign up and use their product for free.
These “free-to-use” dating sites have a low barrier to entry, which can encourage impulse sign-ups.
The founders declined Mark Cuban's million offer to buy the firm when they appeared on Shark Tank in January.
The paid membership model promises sites revenue from every user who signs up, but may show slower user growth when compared to free dating sites.
Whether you’ve already built a great dating site or are planning to develop one, it’s important to consider how you’ll make money off of your product and build a monetization strategy while it’s still at an early stage.
With so many possible ways to make money from online dating sites, it can be a bit overwhelming at first, so we’ve created a basic guide to the most popular ways to monetize online dating sites to make it easier to find the perfect monetization match for your online dating site.
Years later, has maintained its place as the best known, most reliable resource and largest network for online dating.
Since the start of the new millennium the online dating industy grew rapidly from year to year. In 2004, however, those high numbers began to drop. Vice President of romance for Match.com, Trish Mc Dermott, reported a 154% growth in revenue, from .3 million in 2001 to 5.2 million in 2002.