MARKETPLACE - Aug 8 - Tinder makes ~ 2M “matches” a day and is just one of the online dating brands under the banner of InterActiveCorp that includes Match.com, OkCupid, HowAboutWe, BlackPeopleMeet, and OurTime. Experts thought the future of online dating was in small niche sites, but the big sites are winning for a simple reason. “It’s like a shop,” said Mark Brooks. “You’ve really got to stock the shelves. You can’t make do with a few hundred people. You need to have thousands of active people on a dating site.” IAC doesn't combine all the sites into one because, as Sam Yagan explains, dating is “such an intimate and personal search process, that people care a lot about the emotional affiliation they have with the brand that they choose.” Having the sites under one roof provides opportunities for cross-promotion. The strategy has led IAC to control more than 1/4 of the $2.2B online dating market in the U.S., twice the next biggest competitor, eHarmony.
by Dan Bobkoff
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