Starting an internet dating site
The average dating site customer spends just 9 a year for online memberships, which more than pays for itself to the tune of ,803 in cost savings from fewer dates," the report said.
Mobile technology is another driver of industry growth.
All told, the dating services industry is expected to generate .1 billion this year, and nearly 70 percent will come from the thousands of dating websites across the globe.
But even though the industry as a whole is growing, not all online personals sites are created equal, and analysts say only a select few make for good investments.
If you are making the move to an online dating website you may have a few questions about how the virtual world of internet dating progresses to a real life romance.
Launched in April 1995, is now in 24 countries and hosts websites in 15 languages.
Since acquiring Match.com, IAC has bolstered the personals business with several acquisitions, including Ok Cupid in February 2011, expanding the Match unit's sales to 3 million in (2012) from 6 million in 2008.
At its most basic, internet dating is using an online dating website to meet new people.
Because of its convenience and success rate, internet dating is becoming increasingly popular as more and more people choose to use the internet as their dating platform.
The monetization of romance in the form of dating apps has allowed users to take their online dating experience with them wherever they go.