BUSINESS INSIDER – Nov 5 – When Tinder launched in 2012, every match felt like an adrenaline rush. But those matches are no longer quite as exciting. A 2016 study looked at the user reviews of 97 dating apps and analyzed how their quality scores have changed over the past year. Tinder experienced the largest YOY decline. In a 2016 survey by Consumers' Research, 13% of Tinder users reported relationships lasting longer than one month. Its photo-based interface probably contributed to its hookup image. Apps like Bumble, Hinge, Happn, Coffee Meets Bagel, Siren, Her are not heavily photo-based. Bumble has a similar interface as Tinder, but doesn't have the reputation of being a hookup app. That's because only women can message their matches first on Bumble. Men seem to like the app because women seem to take more initiative in starting a conversation. Siren, which launched in late 2015, abandons the swipe interface entirely. It features a daily question and a feed that displays users' answers.
Category: Outlets – Business Insider
It Looks Like Hinge Is Going Back To Freemium Model
BUSINESS INSIDER – Nov 4 – In October, Hinge launched a totally new app focused on relationships (versus hookups). After a free trial everyone on Hinge was supposed to pay $7 per month. Hinge's CEO was shunning the freemium model. He said the people who pay tended to be "power users" of swiping apps. Now it seems that he has changed his mind and is not going to force everyone to pay. This is what the app sent to its users today: "As an Early Member, you've helped create a community of people who want more. To thank you, we'd like to give you Hinge free, forever." What Hinge is offering is a "Basic Membership" with limited features.
Ashley Madison Has A Long Way To Go
BUSINESS INSIDER – Oct 26 – The parent company of Ashley Madison is trying to recover from a terrible year. Now rebranded as ruby Corp., the company formerly known as Avid Life Media is currently under investigation by the Federal Trade Commission. Its new leadership team thinks it can turn all of that negativity around. It took nearly a year for the company to find a new CEO. In March 2016, a corporate headhunter reached out to Rob Segal, a marketer by trade. Since July, Ashley Madison has undergone a number of changes to win users back. One of the most notable is its pivot away from infidelity. Instead of the tagline "Life's short. Have an affair," it's website says simply: "Find your moment." "In the past it was very male-targeted," Segal said, adding that the rebrand was meant to make it more inclusive and "open-minded." The company also implemented Level 1 PCI Compliance for credit card processing, which means it has to undergo annual internal audits onsite and have its network scanned by an outside vendor. Female chat bots are also gone, according to the company.
by Paul Szoldra
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Most Indian Dating Apps Cater To People Who Are Serious
BUSINESS INSIDER – Oct 26 – Today, online dating is all about swiping left or right on smartphones. Unlike the West, where one night stands is not seen as a social taboo, in India, people browsing dating apps, often look for a long time commitment. "We aren't like Western dating apps, which are primarily for 'hook-ups'. Nor are we traditional desi matrimonial sites. We've tried to remove the taboo from the term 'dating' in the Indian world by associating it with safety and compatibility", said Sachin Bhatia, CEO and Co-Founder of TrulyMadly, a dating app. Another dating app, Woo, has started for people looking for a relationship. Woo has a Trust Score for every user, based on the amount of information a user volunteers to share with the app. This impacts the matches she/he receives. There is also a manual verification system in place to double check profiles.
by Suchayan Mandal
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Tinder Culture Is Killing Retail
BUSINESS INSIDER – Oct 15 – Tinder encourages endless swiping. Even when users swipe right, another new face immediately appears, providing a sense that there is always potential for an equal-or-better dating option. Likewise, the highly promotional environment in retail today has given shoppers a sense that there's always going to be another deal. This has led to a sharp decline in brand loyalty.
The Inner Circle Is Launching In New York
BUSINESS INSIDER – Oct 15 – The Inner Circle, already available in Amsterdam, London, Paris, Barcelona, Berlin, Milan, Stockholm, and Zurich, officially went live in New York City last week. The Inner Circle vets users before letting them onto its platform, focusing specifically on how successful and how attractive they are. The platform claims to have ~145k users and 125k on the waiting list.
by Sam Shead
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Tinder Tells Users Which Profile Photo Works The Best
BUSINESS INSIDER – Oct 13 – Tinder is launching a new feature called "smart photos" which will figure out users' most attractive photos and reorder their profile so they're more likely to get matches. Tinder says smart photos has been in testing and resulted in a 12% increase in matches.
Tinder Now Lets Users Use Music To Find A Date
BUSINESS INSIDER – Sep 21 – Tinder and Spotify have announced a partnership that will let users choose any song from Spotify to display as their "anthem," a kind of personal theme song, which potential dates can listen to without leaving the app. They can also opt to have Tinder display their top artists on Spotify. This feature will be available in every Tinder market where Spotify is also present.
Hinge CEO Is Not Afraid Of Making Big Changes
BUSINESS INSIDER – Sep 17 – When Hinge was floundering in 2012, Justin McLeod spent $25k on a huge 2,000-person launch party to kick-start its growth. The company only had $32k left in the bank at the time. It worked. Now McLeod hopes another big bet can save Hinge. The app is bleeding users and has plummeted to a 1.5-star rating as McLeod and his team has been working on something totally new. The new product will be unveiled this week.
by Nathan McAlone & Biz Carson
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Tinder Is Violating EU Law
BUSINESS INSIDER – Aug 3 – A Belgian member of the European Parliament, is accusing Tinder of violating EU law by saying it might re-use users' photos after their accounts are deactivated, MEP alleges. The MEP is calling for the European Commission to open an investigation into Tinder.
