Wednesday, June 18, 2008

Free Online dating is big business

Online dating is big business, drawing about 4 million U.S. Internet users daily in June 2006 (and 25 million monthly), and they spend a daily average of nearly 17 minutes each on these sites. That adds up to a lot of page views - almost 4.5 billion per month (source: Comscore). And that doesn’t take into account the billion-a-day Myspace page views, which many people argue is basically a very large dating site. All told, at least 15% of U.S. Internet users visit an online dating site each month.

The two largest dating sites are Yahoo Personals and Match.com, respectively, with a combined 9.3 million monthly visitors. Both allow free browsing, but to communicate with other members you must pay a fee. Match.com charges $30/month for the basic plan; Yahoo’s fee is $25/month. Both sites also offer premium plans that attempt to help you find a compatible mate. Some sites also provide great sketches of your own photos on canvas to gift your loving ones & no gift can compare them i think so.

An entire batch of next generation dating sites have emerged that are starting to nip at the established players. One, PlentyofFish, launched in 2003 and has over half a million monthly U.S. visitors. Recently, even Google has entered the space through their Google Base product.

One big difference is that these sites are (mostly) free online dating site, making revenue from ad sales alone. But many of these sites are also experimenting with new ways to introduce people who may be a good match.

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