« October 2007 | Main | March 2008 »

February 2008

NuWire - Invest in an Online Dating Service

(Online Dating Industry Journal) NuWire Investor, an education resource for investors, thinks that it is a good time to start an online dating service (read our Inside the Industry Article about Starting an Online Dating Service).

The company runs a blog for investors titled CommonCensus and in a February 29, 2009 post titled "Online Dating Can Lead to Marriage" they point out the benefits of getting into the marketplace.

From the post:

"While there are big dating websites already, such as Match.com, individual investors could start their own niche dating websites. Starting an online dating service was on NuWire's list of the top 5 romantic investments.

And why not? Surely there are left-handed people or baseball fans or Toyota Prius drivers out there looking to find a date. Why not give them a platform to do so--and maybe make a buck while you're at it?"

Click here to read the entire article.

Joe's Comments
The online dating service marketplace is too saturated. It would take tens of millions of dollars to break into the bubble of the "top 5" online dating services and that's only if the concept is right. While it looks like an "easy" marketplace to break into, it's not. Heck, more than one company has inquired about buying Online Dating Magazine to help them in their quest. But they didn't offer enough. :-)

Complaints Against Online Dating Services Rising

(Online Dating Industry Journal) Consumer complaints against dating services are on the rise as more and more online daters use the Better Business Bureau to try and resolve customer service issues.

Consumer complaints filed with BBB on dating services increased 73 percent in 2006 over the previous year, reaching 2,525 complaints altogether. While final complaint numbers for 2007 are still forthcoming, early analysis shows that the numbers of complaints in 2007 are expected to again reach record-breaking levels for the industry.

Americans spend hundreds of millions of dollars on online dating sites alone every year and as the popularity of the industry increases so does the number of complaints BBB receives,” said Steve Cox, spokesperson for BBB. “Whether you’re willing to pay thousands for a matchmaker or 50 dollars a month for a Web site membership, it’s important to know exactly what you’re getting into and exactly how to get out of it.”

Online dating services normally require a specific length of membership and charge a monthly fee. The contract is typically renewed automatically when it expires. As a result, about two-thirds (63.7 percent) of the complaints against online dating sites are about accounts being automatically renewed following the end of a contract or trial period. Either the customer didn’t realize they needed to take steps to cancel the account, or they did take the necessary steps but billing continued anyway.

Other common complaints for online dating services include the inability to immediately cancel after signing up (6.8 percent), general dissatisfaction with the company and its process (6.8 percent), and the practice of the company contacting other singles on behalf of the complainant (6.3 percent).

The Better Business Bureau offers the following tips to online daters to help avoid filing a complaint:

1) Don’t fall in love with the advertising. Beware of claims such as, an exclusive network of people, for sincere daters only, and beautiful singles just like you. Recently, BBB’s National Advertising Division provided a decision in a case between rival online services, requiring one to stop advertising that its methods were based on “the latest science of attraction.”

2) Do your homework. Checkout the company with BBB (www.bbb.org) to make sure  it has a history of satisfying customers and resolving complaints.

3) Don’t give in to high-pressure sales tactics. Sales associates may tell people that a low price is only good for that day and and ask them to sign a contract immediately. People should take the contract home, read it carefully and make sure they understand what they are signing up and paying for.

4) Know how to break up. Consumers should not assume that they will stop being billed once the contract runs out. Many online dating sites automatically renew memberships and there are steps that must be taken, such as calling the company, to keep from being billed again.

Joe's Comments
We've recommended to our Online Dating Magazine readers for years that they use the Better Business Bureau to file complaints against online dating services that don't help them resolve issues. One of the biggest complaints from online daters, about online dating services, is "terrible customer support". Online dating services need to find a way to overcome this in order to rebuild their reputation. One of the most complained about services to the Better Business Bureau is True.com.  Online Dating Magazine also receives more complaints about True.com than any other online dating service. That's not a good reputation to have, especially when you try to convince people that you have their best interest at heart.

Two Advertising Specials From Online Dating Magazine

2/29 Update: Both of the below special package plans were grabbed within an hour of the original post. If you'd like to see other Online Dating Magazine advertising opportunities, click here.

Online Dating Magazine is offering the following two advertising specials. The specials will be provided to the first people that respond to them whose sites/services/products are approved. In February, Online Dating Magazine received more than 80,000 UNIQUE visitors, which is nearly double last year's numbers. Online Dating Magazine has been seeing steady growth and with more than 1,200 pages of original content, it is a premiere source for online daters.

Here are the current two specials, which are good until booked (a note will be placed at the top of this posting when one or both specials are taken):

Special #1:
- Top Left and Right 120X60 Spots (top of each page, currently occupied by PerfectMatch.com ads).
- 50,000 468X60 Ad Displays Through the Online Dating Banner Exchange (which also serves the ads at the top center of Online Dating Magazine).
- 120X60 Ad Above News Scroller on Online Dating Magazine's Front Page.
- Text Link Under External Sites (left hand side)
- Premiere Listing in Online Dating Magazine's Online Dating Directory
- Sponsored Listing on DateLists.com
- 120X 60 Ad under Check it Out on the Online Dating News Blog
Length of Run: 60 Days
Cost: $1,100 for entire 60 days.
Contact: Email jtracy@onlinedatingmagazine.com saying you'd like special #1. Include a link to what site it will be for. If you are the first to respond and your site is approved, then you will be offered the package.

Special #2
- 120X600 Skyscraper Ad on Right Side of All Online Dating Magazine Pages.
- 30,000 468X60 Ad Displays Through the Online Dating Banner Exchange (which also serves the ads at the top center of Online Dating Magazine).
- Premiere Listing in Online Dating Magazine's Online Dating Directory.
- Sponsored Listing on DateLists.com.
- Text Link Under External Sites (left hand side)
Length of Run: 60 Days
Cost: $900 for entire 60 days.
Contact: Email jtracy@onlinedatingmagazine.com saying you'd like Special #2. Include a link to what site it will be for. If you are the first to respond and your site is approved, then you will be offered the package.

These specials are only good until March 4 or until both are booked (whichever comes first).

2/29 Update: Both of the above special package plans were grabbed within an hour of the original post. If you'd like to see other Online Dating Magazine advertising opportunities, click here.

 

New Dating Service Brings Speed Dating Online

(Online Dating Industry Journal) When speed dating gained popularity several years ago, it's advantage was the ability to meet several people in a non-committal environment in a short period of time. It's like a game of face-to-face musical chairs, except no one is cast out until the end.

Now a new dating service, Camlink, hopes to bring the popularity of offline speed dating to the online world. Using your computer cam, microphone, or Camlink's live texting, you go through a speed dating session where you meet various people for short one-on-one chats. After the chat is over you can select whether or not you're interesting in communicating with the person more. Once you've established communication outside of the service, Camlink makes sure that the two of you don't meet again in a speed dating scenario.

"We are excited to empower singles with a new, interactive outlet that saves them time and money," said Camlink co-founder and CEO Ilya Zatulovskiy. "Other online dating sites tend to have lengthy profiles and list photos that are 10 years earlier and 25 pounds lighter! In other words, we want our users to have a more personal and honest experience, which is why real-time chatting is perfect. Our process is straightforward, fast and free."

To use the service, you sign up for an account then select a live speed dating event for your area. When the event starts, you communicate with each person a few minutes at a time via your computer. After the event, you can express interest and provide contact information. You can only see another person's profile if they allow you to see it.

Joe's Comments
Sounds intriguing. If anyone tries it out, let me know what you think - jtracy@onlinedatingmagazine.com. This is the fourth online speed dating site we've tracked. The other three are Speeddate.com, in480.com, and WooMe.com with several more set to open in the coming weeks and months. Of course there are a lot of online sites that deal with offline speed dating, but still relatively few online speed dating only services. Even so, I'm willing to bet that this market is going to become oversaturated within a year. in480 opened almost a year ago and is still struggling, while the newer guys (Speeddate and WooMe) are having a lot more success.
 

Social Networking Not Hurting Online Dating

(Online Dating Industry Journal) According to new research put out this month by JupiterResearch, social networking sites are not having an impact on paid online dating services. In addition, the revenue of online dating services continue to grow. The concept report citing this stat was prepared by David Card, who is the Vice President and Research Director for JupiterResearch.

Card says that there are no signs that the eruption of social networks has burned the paid online personals market. However, he also issues a warning:

Still, as casual visitor traffic slows or shrinks, competitors will have to seek out harder-to-sell consumers, as well as offer additional services to their existing customers, said Card. And       competition is already ferocious.

Joe's Comments
Social networking isn't extending is reach at stealing "online daters" as was feared a few years ago. I think one of the major reasons is that people rightfully don't view social networking sites as dating venues. When you sign up on a social networking site, you're looking to expand your base of friends and/or "promote yourself". When you sign up for an online dating service, you are looking for a potential life partner or someone to date. As long as that distinction remains, then online dating services will have little to fear. The problems will start if:

1) Satisfaction continues to fall lower for people using online dating services.

and

2) Social networking sites begin actively courting online daters and offer free tools to help them "find love".

Media Misrepresenting Online Dating Services

(Online Dating Industry Journal Commentary) Over the past several months, I've seen several examples of the media misrepresenting online dating and online dating services, grouping the medium in with hookup sites and chatrooms. This does a great disservice to real online dating services. Here are a couple of examples:

The Plain Dealer (Cleveland)
On Friday, February 22, The Plain Dealer published an article with the title: "Mentor Man Shot by Woman He Met Through Online Dating Service". The article talks about how a man met a woman the previous night from an online dating service, but was shot from the woman he met who wanted $300 from him.  Not only did The Plain Dealer not name the online dating service, but they also added the following sentence: "Police have not yet determined what chat room he met her on or why she demanded the cash."

So which was it - a chatroom or an online dating service? Or was it a hookup service or escort service? It sounds like the man didn't meet the woman for a "date" from a conventional online dating service and if that is the case, then spreading the rumor of a man being shot from a woman he met via an online dating service is a disservice to the public and to online dating services. When I taught high school journalism, my students learned the importance of double checking facts and clearing up any misinformation before publishing an article. That seems to be missing from a lot of articles these days.

10 News (San Diego)
Our next example comes from 10 News in San Diego which put out the headline "Man Claims He was Victim of Online Dating Predator". The article goes on to tell how a man met another man on a popular gay hookup site and became a victim of check theft.

Once again, this is an example of the media lumping sexual hookup sites with online dating services. There is a major difference. Online Dating Services are aimed at helping people find love and relationships. Sexual hookup sites are where people go to find sex, not potential marriage partners.

Conclusion
These examples are part of a growing trend that makes legitimate online dating services sound like dangerous backstreet alleys. It's important that the media be reminded that there is a difference between social networking sites, online dating services, relationship services, escort services, hookup Websites, Russian Bride services, and chatrooms. By lumping all into "online dating", the media is flagrantly misrepresenting the medium.

Joe Tracy, Editor
Online Dating Industry Journal
Publisher, Online Dating Magazine

Online Dating Industry Journal Goes Mobile

The Online Dating Industry Journal now has an option for all content to be viewed via mobile phones. To view Journal content via your mobile phone, simply enter the following URL:

mippin.com/mippin8498

The content is easily organized for viewing via your iPhone, iPod Touch, cell phone, and other mobile devices.

Match.com Forces Removal of YouTube Video

(Online Dating Industry Journal) Last year, an employee of Match.com made a creative behind the scenes video showing what it's like to work at Match.com set to the music of "Bohemian Like You". We wrote about it in August and it was also added to Online Dating Magazine's Dating Humor Videos section. According to Google's YouTube, Match.com has filed a copyright claim over the video, forcing YouTube to remove it. Google complied and the video is no longer available for public viewing.

Joe's Comments
The video we dubbed "Typical Day at Match.com" was very creative and one of the most popular videos that our readers would watch. It had a lot of positive comments and a high rating on YouTube. Now I could understand if the creators of "Bohemian Like You" filed a claim, but for Match.com to do it and have it removed is a shame.I can only hope that the person who produced it didn't get into any kind of trouble.

The video gave Match.com personality and made people appreciate the fun atmosphere. It's a shame that Match.com had it removed.

The Onion Pokes Fun at Online Dating

(Online Dating Industry Journal) The Onion, well known for its fake news, is now poking fun at online dating via a fake news video titled, "Online Dating Streamlines Rejection for Women". The video starts...

"This Valentine's Day, millions of single women are wondering if they'll ever find that someone special. Onion News Network Tech Trends reporter Jeff Tate explains how the Internet has revolutionized the way women irrationally get their hopes up...

Jeff: Thanks, Brandon. As February 14 approaches, sad lonely women across the country are using online dating Websites in futile attempts to change the course of their pathetic lives..."

Click here to view the video.

Joe's Comments
What makes The Onion so funny is that they do an outstanding job of making the news look like its a real story. It's interesting to see them poke fun at online dating - something they do well.

STD Rise Breaking US Records

(Online Dating Industry Journal) As more and more people hook up from meeting online, federal health officials are warning that the US is breaking records when it comes to sexually transmitted diseases. An article by AP's health division spells it out clearly:

"More than 1 million cases of chlamydia were reported in the United States last year—the most ever reported for a sexually transmitted disease...

Gonorrhea rates are jumping again after hitting a record low, and an increasing number of cases are caused by a "superbug" version resistant to common antibiotics.

Syphilis is rising, too. The rate of congenital syphilis —which can deform or kill babies—rose for the first time in 15 years..."

Click here to read the entire article.

Joe's Comments
I wish I could say I was surprised by this, but I'm not. One of the biggest weaknesses of online dating services is they consider a frank discussion about STDs as being taboo. Yet educating online daters about STD risks is of vital importance. Why people like to ignore the subject is beyond me.

Online Dating Magazine tackles this subject regularly. I wrote an editorial in January 2004 titled "STDs a Serious Issue in the Online Dating World" and we also have an STD Information Center for our readers. The simple fact is that this is a subject that needs to be addressed. If you ignore the problem, you become part of it. With some services bragging about how many of their members have sex on the first date, the issue of consequences is getting pushed into the background. Let's be part of the solution.