Stir Has Trouble Letting Go, Why Match is King, Recession Dating

by David Evans on January 18, 2010   in Marketing

Stir.comunsubscribe.png Today I did my semi-annual “unsubscribe from 50 newsletters and dating sites and replace with new ones” purge. I visit Stir somewhat regularly as part of demos I give and decided to unsub from the newsletter. This is what I saw. It’s this kind of technical fail that directly influences how I perceive a site. This could be a one-time problem, but Match.com should not let these sort of basic failures happen.

It’s remarkable to see the new dating sites I’m joining now, most weren’t around a year ago. Fun to say out with the old and in with the new.

Regardless of all the startup dating sites I’m joining, I’m going to re-join Match soon. I had an account for five years and took a year off. In Boston, everyone is on Match. Nobody ever talks about any other site besides PlentyofFish and OKCupid, at least in my group of friends and their friends. Not saying people aren’t using sites but the sheer amount of people on the site is the primary reason why Match is so popular. I don’t know a lot of people who would prefer niche sites except for my black, asian and Jewish friends, and most of them are on Match to begin with.

The recession has been great for PlentyofFish, all those out of work people busy belt-tightening seem to have flocked to the free site.

I would like to see dating sites pool their databases together, create an API and let companies built their own sites based on top of the monolithic database. Some permutation of this is where dating is going, I don’t know when, but it simply must happen.

The dating industry is made up of five sites, 25 matter and the rest chug along with varying results. Can you imagine if there were 50 flavors of Google depending on what you were looking for? Insanity!

I realize this consolidation is considered craziness in the industry for the most part, but the fact that the entire dating industry is reverting to the webrings of 1999 seems to prove me right. If you think of ads as niches and categories links, that’s basically where are today and I see no signs of this abating.

I wish I was smart enough to come up with some economic models of the traffic exchange harmonics in the industry. These $15-$25 acquisition costs for paying customers offset by incoming traffic from other dating sites *must* have been reduced with all of the inter-site link love, right? Maybe the viral marketing gurus out there could attempt to de-mystify this. Lot’s of sites have their own internal stats, but it would be very cool to see someone analyze the entire industry and see how marketing spend and link sharing affects the industry as a whole (from a branding perspective as well.)

Sharing:
  • Facebook
  • Twitter
  • Digg
  • email

Related Posts

TRUE.com Increases Advertising Spend to $75 Million
The Effect of a Recession on Online Dating
Be plenty scared of PlentyofFish
Announcing The Internet Dating Industry Awards
PlentyOfFish Dating Survey Results

{ 2 comments… read them below or add one }

1 Trackback January 19, 2010 at 12:25 am

Trackback message
Title: Social comments and analytics for this post
Excerpt: This post was mentioned on Twitter by datingnieuws: Stir Has Trouble Letting Go, Why Match is King, Recession Dating http://bit.ly/8sT4yS
Blog name: uberVU – social comments

Reply

2 Fernando Ardenghi January 19, 2010 at 3:48 pm

Dave, have you checked the Alexa rank & traffic for
Match
Chemistry
eHarmony
PerfectMatch
True
Meetic
Be2
Parship
Date
YahooPersonals (0.2% of Yahoo users go to Personals)
and others?

All of them have less traffic than 1 year ago or decaying in traffic.

It is not consolidation, those sites are resting on the laurels of past glories, they are slowly dying. Daters are getting tired of them. Why paying a subscription if PlentyOfFish and OKCupid are offering the same for free!

Online Dating Industry consolidating?
The entire Online Dating Industry for serious daters in 1st World Countries is a hoax, it performs as it was a part of the Online Casino Industry.

There is plenty of room for new players. High Precision is precisely the innovation the Online Dating Industry needs.

Regards,

Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com

Reply

Leave a Comment

Previous post:

Next post: