Online Dating Magazine > Online Dating News > MingleMatch Revenue
MingleMatch Online Dating Sites
Lead to Record Results(onlinedatingmagazine.com -
November 18, 2003) MingleMatch, Inc. - a leader in
targeted online dating site services - has announced
record growth through the first three quarters of 2003.
From January to October of this year,
MingleMatch has seen a 400 percent increase in the
number of profiles being posted on its various niche
dating
websites, and third quarter revenue is up 365 percent
over the same quarter last year.
"We're thrilled to have hit such
an impressive milestone, so early in our life as a
company," said
Ben Peterson, President of MingleMatch, Inc. "This
growth speaks volumes to the validity of our business
model, our ability to match product offerings with
the unique demands of our clientele, and the overall
direction of this industry. This is only the beginning
-- we anticipate many years of growth and profitability
as we continue to deliver the types of services the
dating public wants."
According to Forrester Research,
the online dating market has experienced significant
growth over the past two years. With more than 40 percent
of the population being single, spending on online
personal ads reached $302 million in 2002. In 2003
alone, visits to online dating sites increased by 51
percent and spending on personals and dating content
grew by $92.8 million to reach $214.3 million for the
first half of 2003. By 2007, Forrester predicts annual
spending in this market to reach $642 million.
MingleMatch
operates under the mantra of "clean,
safe, and friendly". A strict policy of no vulgarity,
pornography, or obscenity creates an environment where
site participants feel confident that other participants
are good people with similar values.
"With many online dating sites,
the lack of moral controls and a 'free for-all' attitude
creates an environment that
is almost counter productive to effectively building meaningful relationships
that last," Peterson said. "Our clean, safe,
and friendly approach increases the quality of the
service for all involved."
MingleMatch combines
this approach with more than 20 sites dedicated to
specific demographic groups. Targeting a clean, safe,
and friendly
experience to dozens of niche sites has proven the
driving force behind MingleMatch's amazing growth.
MingleMatch offers niche dating sites for specific
audiences of various ethnicities, religious persuasions,
special interest groups, or geographic areas, like:
- Black
Singles Connection
- Christian
Mingle
- Canadian Personals
-
Military
Singles
"One of the real keys to our success
has been our ability to read and understand the opportunities
in this market, and the ability to reach the right
people with the right message," Peterson said. "We've
found that our niche dating sites are answering the call for very targeted
groups of people looking for a very specific type of
online dating environment. We plan to continually expand
our niche offerings to serve the needs of more-and-more
discriminating singles."
MingleMatch, Inc. is a
privately held company that manages and maintains demographically
targeted singles communities online. With more than
20 niche online dating sites, MingleMatch provides
its services to hundreds-of-thousands of single men
and women.
> Perfectmatch.com - The best approach to find the one.
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