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Month: March 2008

154 ‘Shaadi Points’ Re-branded as ‘Shaadi.com Centres’

Posted on March 10, 2008

Shaadi_logo
MONEY CONTROL — Mar 10 — Shaadi Point, the pioneers in offline matrimony will henceforth be known as Shaadi.com Centre. Today with 154 centres in 87 cities in India, Shaadi.com Centre has established itself as a leading player in the offline match making & franchisee business. FULL ARTICLE @ MONEY CONTROL

Mark Brooks: Shaadi competes with Bharat Matrimony, which has a similar business model.

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Online Dating Has More Singles Clicking

Posted on March 10, 2008

Sam_yagan_2 MY58 — Mar 10 — "We met online." Those words, once taboo, have now become mainstream. "Back in the 1990s, the early adapters were nerdy, geeky, techy people," said Sam Yagan, cofounder of OKCupid.com. "The other issue is the introduction of money into dating. That is what makes some people feel like it is desperation. Now online dating isn't a big deal, once you're used to using the Internet for shopping, news, information and more", said Yagan.

The full article was originally published at MY58, but is no longer available.

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The New Internet Millionaires

Posted on March 10, 2008

Markusfrind1 THE PROVINCE — Mar 9 — Markus Frind, the sole owner of PlentyofFish, works two hours a day and makes as much as $10 million a year. That's why he is already considered a dot-com legend at the ripe old age of 29. Guy Kawasaki hails Frind a personal "hero."  But Frind is by no means the first British Columbian to become an Internet mogul. Fellow Vancouverite Kevin Ham has an Internet portfolio of domain names worth an estimated $300 million, while Richmond blogger John Chow found online riches through his popular blog. Then there's Vancouver couple Caterina Fake and Stewart Butterfield, creators of photo-sharing site Flickr, which was sold to Yahoo in 2005 for a rumoured $40 million. Frind's success is largely due to the fact that he's figured out a way to run his site on autopilot. Markus has his eyes set on moving into the Chinese and European markets one day. "I'm driven," he concedes. "It's just fun winning. I feel like I'm playing a video game. There's always another level."

The full article was originally published at Canada.com, but is no longer available.

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Confessions Of Matchmaker Thomas Enraght-Moony

Posted on March 10, 2008

Enraghtmoony1 TIMES ONLINE — Mar 9 — Thomas Enraght-Moony (36) is the CEO of Match.com, which operates in 37 countries and is already the world's biggest internet dating agency. In Britain it is about to get bigger still with a deal to run dating sites for The Sun and News of the World. "One of the interesting things about the UK is that newspaper dating sites are much more powerful than elsewhere," says Enraght-Moony. Thomas started at online broker Etrade, moved to a software start-up, then AT&T Wireless in Seattle, following his former Etrade boss Jim Safka. When Safka became CEO of Match in 2004, Enraght-Moony went, too. Enraght-Moony's job is to push the firm, already growing revenues at 17% a year, to fulfil that potential. FULL ARTICLE @ TIMES ONLINE

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eHarmony Wins Award In The Growth Company Category

Posted on March 10, 2008

Eharmonylogo
BUSINESS WIRE — Mar 7 — eHarmony has been named the
leading growth company at this year’s Annual Entretech Entrepreneurship
Award Ceremony. The Awards Program honors leading-edge companies in
three categories based on annual revenue. eHarmony ultimately received the award for having clear evidence
of product acceptance and the ability to define new marketplaces;
vision and potential for future revenue growth and profitability; and
dynamic leadership with a proven record of execution. FULL ARTICLE @ THE EARTH TIMES

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Mike Kahlowsky’s Handwriting Analysis – OPW Interview

Posted on March 8, 2008

Michael_kahlowsky_pictureOPW INTERVIEW — Mar 8 — Last week we introduced OmniDate as a way to make your site stand out from the crowd. This weeks it's time for Mike K's Handwriting Analysis. Do you believe in personality profiling? How about handwriting analysis? I really think there's a strong correlation with certain character traits and handwriting. Here's what Mike has to say. – Mark Brooks

Your company provides online handwriting analysis to people to help them find the perfect mate.  How exactly does that work?
A visitor to my website, HandwritingProfiles.com, registers, and is given a 16 question online handwriting analysis assessment test. The text takes about 10 minutes. We ask them to write out a handwriting sample of about 1-2 paragraphs in length.  They then read and answer online questions based on the handwriting sample they created.  For each question, we provide three possible answers, each with pictures of samples. The test-taker chooses the picture which is most like their handwriting sample. For example, the first question asks about handwriting size. The test taker rates their sample as small, medium or large based on comparing to the pictures we provide.   

So they finish the 16 questions and then what happens?
First, the user is given an overview of how handwriting assesses compatibility. It tells them about compatibility, which traits within the handwriting are being evaluated and what compatibility traits can be shown through handwriting analysis. Then, for only $4.99, they can purchase the complete assessment and compatibility profile. The first feature is a self assessment. It contains a 5 – 8 page report about their personality and their compatibility traits. It also rates 4 specific compatibility traits on a scale from low to high. These 4 traits are introverted/extroverted, sexual interest and energy, emotion expression, and finally, emotional maturity.   

Then the user is given an email invitee link so they can invite friends or lovers to take the test. Once their friend or their significant other takes the test, that individual’s information is stored in the Handwritingprofiles.com database. Using a compatibility algorithm that I created, we compare the two analysis results and tell the test-takers how compatible they are.   

How would this be used on dating sites?
The compatibility algorithm I created has 141,000 unique combinations when comparing 2 people. This occurs because within the 4 key traits, there are multiple possibilities. What I would like to do is license out the algorithm and test to online dating sites, which would then be able to instantaneously produce a compatibility outlook based on how the 4 traits of person A compares to the 4 traits of person B.   

Some of our readers will wonder, is handwriting analysis really scientific?
First of all, handwriting analysis is a branch of psychology. So it’s not going to be a mathematical equation like, x + y = z. But like all branches of psychology, research and case studies show expected behavior trends.  Handwriting analysis research has shown that there are clusters of traits in one’s handwriting that represent a certain personality trait or psychological disposition. In studies, people with clear personality traits have provided handwriting samples. Then correlations have been derived between particular handwriting traits and particular personality traits.   

Do you see a credibility issue? How do you overcome that?
In Europe, handwriting analysis is more widely accepted, but in the US the majority of people do want to know more about the validation behind it. So the way I overcome that is through example. I give the test to hundreds of people I have never met, often at trade shows and singles events.  I then tell them what the test shows about them. People have been amazed at the accuracy. I did this at IDate and the success was remarkable. Personally, I am certified through the National Society for Graphology and I’ve been studying and performing handwriting analysis for about 15 years.

How would a dating site use your product to increase their revenue or attract new users?   
If you were the CEO of a dating site, I would offer the handwriting analysis matching system as a fun and enlightening product to differentiate themselves from the competition and to make the site more sticky. It also creates PR value. I would offer the compatibility analysis as a premium service so people who have paid for the analysis will quickly see how they match up to others who have paid for the service. This too would be a differentiator as well as a revenue stream.   

For a larger site, we would be open to licensing an exclusive offer. We could also do a revenue share or a flat fee for a year, with an option to renew. At this point, we are open, as it depends really on the goals of the company to which I am talking.

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Internet Playing Middleman In Romancing

Posted on March 7, 2008

Couple_internet_playing INDIA TIMES — Mar 7 — Indian online dating revenue were $30 million in 2006 showing a growth rate of 50% year-on-year. Internet usage for online dating has increased from 9% in 2006 to 37% in 2007. In India, where up to 90% of all marriages are arranged, domestic online dating companies are racking up some impressive numbers. In US the online dating revenue was $900 million in 2007, and growing more than 70% year-on-year, according to Jupiter Research. The growth of various free dating sites like OkCupid, Matchdoctor.com, Bookofmatches, Smooth.com and CrazyBlindDate.com have driven the trend of online dating. The concept of virtual dating is gaining popularity, where sites like Mate4all.com or OmniDate.com are offering users the chance to date with the help of avatars in a place that resembles the real environment. Another promising technology is 'iovation' which helps online firms prevent fraudulent activities. FULL ARTICLE @ INDIA TIMES

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Retirees Will Redefine Retirement

Posted on March 7, 2008

Cfmrbrieflogo RESEARCH BRIEF — Mar 6 — According to a report from The Media Audit 17.9% of all U.S. adults are now retired. The number of retirees has increased by 6% in the last five years. Retired adults today spend only 89 minutes per day online, a figure that is 26% less than the average U.S. adult who spends 123 minutes per day online. The next generation of retirees, though, is expected to be more computer and internet friendly, since Baby Boomers between the ages of 45 and 64 spend a considerably higher amount of time online – 123 minutes per day.

The full article was originally published at Media Post, but is no longer available.

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Free Video Dating

Posted on March 7, 2008

Vdateonline_logo BUSINESS WIRE — Mar 6 — Online dating site VdateOnline.com offers totally free live interactive video chat to its members. The site currently hosts hundreds of free video chat dates daily where members can view pre-recorded video profiles and video chat immediately with other webcam ready members. FULL ARTICLE @ BUSINESS WIRE

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Device Reputation A Critical Component Of Fraud Management

Posted on March 7, 2008

Iovationlogo
BUSINESS WIRE — Mar 4 — The importance of client device identification and its role in online fraud management was recently highlighted in a Gartner report titled, "Best Practices in New Account Fraud Detection". By adopting a shared device reputation infrastructure like iovation‘s Device Reputation Authority™ (DRA) service, online businesses can benefit from the experiences of their peers and detect devices that have been used for fraud in the past even if that is the first time the business has ever seen that device. FULL ARTICLE @ BUSINESS WIRE

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