International Dating For Internet Nationals
Say
sheesh in Chinese!
Hitting
the web has never been easy and hitting the right date is easier than done. But
with internet, any national can date any other national across the world and
with the advent of emerging economies such as Brazil, China and India, dating
industry has arrived internationally, says the market analysts. According to Online
Personals Watch, dating industry’s leading business analysis website, china leads the
pack with expected revenue of $315 million by 2014. Chinese market has been
dominated by the Nasdaq listed Jiayuan.com, which claims to have over 60
million subscribers. This says the arrival of local online rivals for the
American businesses, www.e-llure.com, who are swimming in the foreign markets to
have a bigger share in the pie. International dating scene has been picking up
slowly for the past decade and has caught a gigantic ride for the last couple
of years with multifold revenues and millions as subscribers. Markets such as
Europe and China will become the mainstream revenue centers for many dating
businesses that will capitalize on these newer geographies.
East
Vs West
Internationally,
specifically in the eastern part of the world, dating has been an off culture
attitude compared to the west. Dating has never been considered as an off
stigma in the west while the eastern philosophy gives dating a rather different
perspective. This made the local players jump into fray making the western
dating businesses a run for money. Knowledge about the local culture made the
home grown entrepreneurs market their products well.
Considering
the Indian market, one of the largest and fastest growing in terms of dating
demographics, is showing a growth of over 20% year on year. According to an
article in India’s leading newspaper, Times
of India,
dating industry is significantly different when compared to the western
market. India being a country which respects the culture and traditional
heritage, has offered internet solutions respecting the sentiments of its
people. Market leaders like Bharatmatrimony.com and shaadi.com have been a dating site of the
sort which caters to the marriage market. Conceptually, speed dating or round
robin dating would be a taboo for a country which still places marriage at its
center. This gives opportunity for sites such as e-llure.com to
differentiate their products when entering into Indian or Chinese market.
Business tie-ups with startups such as twomangoes.com or mymitra.com will make sense for the western dating businesses that are looking to
foray into Indian dating industry.
Social
network or International Dating
Facebook
with over 500 million subscribers have challenged the way the world socializes
itself. Social networking sites such as Facebook and twitter etc. are giving
dating businesses a hard run as the reach of the social networking websites
have penetrated well into the international scene. Many Facebook
applications as
well as other social networking websites have become the key for the dating
businesses to get into the social media dating scene to gain international
visibility. International dating as a market place has shrunk and many veterans
in the online dating industry says that the business now should have to take
the app route by introducing their applications catering to their customers who
live across borders.
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