The issue for many dating site owners becomes apparent when they realise the exact nature of the beast they are trying to build. Yes, dating sites are places where singles can now meet online, get to know each other in the chat-rooms and send IMs and private e-mails, but, in order to keep the whole shebang ticking over, it has to be a business that makes the owner money.
Free dating sites generate income through advertising, either on click-thru commissions or companies paying for the advertising space if the page ranks high enough for a given term. Paid sign-ups obviously gain access to greater benefits than a free dating membership and the website owner gets their cash directly through those fees. Either method has its merits, depending upon what you, curious single, want to use online dating for and how secure you want your Internet dating experience to be.
There is no doubt that dating sites that can boast a high, legitimate success rate will go on to use that information in their advertising campaigns. Take match.com, who reckoned at one point that they were responsible for 5% of all marriages in the US. That type of statistic is fantastic if you are looking to attract singles who judge your product, or dating site, by how well it matches with you your perfect partner, if that is indeed the reason you are signing up to online dating.
But this is where the dating site industry differs from many traditional model businesses that offer a service. In the real world, it is taken as read that your business grows by developing relationships with your existing customer base. Relationships thrive on trust, derived from continued good service; the selling aspects get negated as price becomes less of an issue. And generally, unless a major disaster strikes, that customer is yours for life.
However, for a dating site to be recognised as successful, it offers a service that means the two customers who have found love online with each other walk off into the sunset together. For every single success story, the dating site has to replace two customers; in any other realm, this would be a self-defeating accomplishment. This is why so much of a webmaster’s budget goes into advertising to attract new singles to their service and there is that constant quest to find a DCA (dynamic competitive advantage) to get one over on the competition.
But what if there was a way to keep couples as customers after they have began an offline, exclusive relationship? This has to be the way forward unless dating site owners want to continually be regurgitating the same advertising campaign, albeit with updated gadgets. It may well mean changing at least one of the dynamics of the business, but for the sake of a one-time concerted effort to research this aspect and create this aspect of the dating site, even at a reduced rate of membership fee, it is retention of a portion of your customer base that would have never graced the presence of your dating site again. Heck, having someone in your forums and chat rooms who knows the ropes and can advise other singles on the path to online dating happiness is almost like having employees, so it is well worth the effort to at least research your members to see if this is a viable option.
Zoosk has took the bull by the horns in this aspect, with Couple Profiles. It offers a place for people who have met on their dating site but don’t necessarily feel the need to give up their membership to record their relationship milestones. Again, this level of success is a fantastic advert if the target audience judge dating site success by long-term relationships. If webmasters don’t want to continually be chasing two new customers to replace every one success story and yet get membership fees working doubly hard, using those histories to good effect, highlighting couples’ true-life stories, has to be the way forward.
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