Revenues from online dating sites
All these premium services face competition from free sites like Plentyoffish.com, which is ad supported sites. Forty one percent of online daters say they also use sites like Facebook to find dates.
But so far the explosion of social networking hasn't proven a threat to paid sites.
The online dating marketplace is lucrative because all people get lonely and some people need a way to meet other people in a worry free enviorment.
As he pulls out his smartphone and swipes through a seemingly endless stream of women’s photos, Tech Tinder Teams Up with Spotify to Let You Find Your Musical Match Finding love is already pretty hard, so it’s good business to make it easier for Justin Bieber fans to find their pop music-loving soulmates.e Harmony doesn't disclose its user numbers, but Piper Jaffray's Gene Munster estimates that its revenues were about 0 million with about 13 percent market share. Waldorf says that the lengthy questionnaire and the price tag weeds out people who aren't serious, and the algorithm they use to crunch the answers matches customers with compatible life partners. There are the niche sites like and Christianmingle.com, which are both owned by Spark Networks .e Harmony costs about twice as much as per month, but e Harmony's CEO Greg Waldorf explained to me why he believes it's worth it. In addition to and IAC owns niche sites Blackpeoplemeet.com, and The online dating industry generates revenues in two ways.
The first way is by having a group of paying subscribers who desire to have access to a marketplace of people.All told, the dating services industry is expected to generate .1 billion this year, and nearly 70 percent will come from the thousands of dating websites across the globe.