Industry Analysis & Industry Trends
The Dating Services industry has performed well over the past five years as a growing number of consumers turn to the internet looking for love. The proliferation of broadband internet connections and greater legitimacy surrounding online dating has helped the industry outpace the overall economy and capture a rising share of the consumer dollar. In the coming years, the percentage of households with access to the internet is projected to continue rising throughout the period, which will expand the consumer market for online dating services... 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