Industry Analysis & Industry Trends
The internet and dating will continue to be a match made in heaven. With consumers using the internet more than ever before, demand for online dating services is on the rise. Demand from niche dating networks and baby boomers is particularly increasing, and a new wave of smartphone applications will bring the industry to more people... purchase to read more
Industry Report - Starting a New Business Chapter
Overall, barriers to entry are low for industry operators; however, they are slightly higher for traditional matchmaking companies than online dating services. The number of entrants to the industry has increased throughout the past five years, despite consolidation from the industry's largest players. This has led to a high level of competition within the industry.
Online dating sites have a low level of capital investment and typically only require purchasing a domain name, web hosting, a computer and related equipment. Labor requirements are low as well since the majority of online dating sites can be managed with only one employee. Barriers to entry are slightly higher for traditional matchmaking companies as a physical location is required... purchase to read more