Give use access to your facebook and $20 a month. In return, you get ONE match a month. If they don't want to meet you, that's too bad. You paid $20 to be rejected.
The two things you would need to do to sell me are:
1) Allow access without facebook. I'd be fine scanning a driver's license for you that matches the name on the credit card I pay with.
2) If you don't provide a good match (i.e.) one that wants to meet me, you should provide another match.
[1] A big if. I'm skeptical about the whole thing, specifically about the "we match people, not profiles" claim, which makes little sense to me, since your profile is all they know about you. But my point is that the economics of it seem OK.
[1] We should explain this better, but when you sign up, you'll see you can tell your matchmaker a lot more about yourself, and we use feedback from each match / date to improve matches. Plus, of course, we're using all of the research we've collected on what makes people compatible. So it's definitely off of more than just a profile, but I get what you're saying.
As someone who's only matches on Tinder and OKCupid in the past few months have been camsites and escorts this is an actual concern of mine.
To me it just kinda says you will fault the user if their matches don't result in a date, but try to keep 'helping' them while you are getting paid.
As a further question how do you even out demand for the different matches. Assuming the number of matches contracted by men for women is not the same as the number of matches women for men? Do some people not get matches do some people get surprise double matches(in which case if they were only expecting one date a month won't they generally reject the lesser of)?
I mean honestly I would rather not be matched and not be charged than matched with someone who got extra matches all the same day they weren't expecting.
Even if I don't think they would be a good fit based on their profile, I'd always be up for having my expectations disproved. I also don't trust profiles to describe people very well.
"Your profile also gives our matchmakers a glimpse into what you’re like as a real person, but don’t worry - we don’t base too much of our matching on your photos that your friend took that one time at that party after a few glasses of red wine :)"
...really terrifies me. I need to trust that the people doing this selection understand the context of my pictures while not knowing me at all? If I'm serious about finding a match using this service, I will gladly spend a full hours filling out a form telling you more about myself, rather than giving you access to my FB account.
1 match per month at $20 https://datingring.zendesk.com/hc/en-us/articles/202344714-H...
Policy on matches that don't want to meet: https://datingring.zendesk.com/hc/en-us/articles/203302640-W...
1) It's now on our list to add signin without Facebook, since that's been such a popular request.
2) The problem there is that if you don't like your second match, then what? What's hard is that matchmaking isn't a common thing you pay for, so people aren't used to the risks involved. If you go to a restaurant, you generally don't ask to try out a meal for free, or ask for a second one if you don't like the first. If we were to provide two choices, we'd have to raise the price. We're the one matchmaking service where a personal matchmaker is going to send you a match for $20 .. most charge thousands.
Additionally, it's not so much about the business model as it is about trying to change the way people so quickly write one another off. If you know you only get one shot, and this person has been chosen specifically for you by a matchmaker, there's a much higher chance you'll give them a shot, which is what we want. People are far too picky and miss out on lots of great people. If you want 1,000 chances, there's always Tinder :)
And lastly, we're going to build a free match into the signup flow, so there's at least that :)
It should be your choice. If you choose not to go on a date, thats on you, the dating ring's work has been done. If, however, you accept the date and they dont, there is nothing you could have done and should be set up with someone else. From the dating ring's perspective, that should be fine too because work was done for value (i.e. the party that declined the date got their value). This also goes well with your second statement.
I have a single friend who I'd recommend this to, except I'm sure she wouldn't want to spend $20 on a potential flop. You'd have to really change the perception of the value of your matches (vs dating sites).
Of course, how much is a guaranteed good match worth? To me? $500+ easily. I think your biggest hurdle will be managing expectations. Good luck :)
I most certainly do. I usually don't have to ask. When they come out and ask how the food was, I tell them the taste wasn't to my liking or wasn't what I expected, and they usually offer to comp the meal or bring a new one.
I'm not saying I expect you guys to do this, I'm just saying you should probably find a new analogy. :)
Although I think what OP is saying is that if you provide a match and the other person rejects it, you should provide another match, since obviously you didn't make a good choice. In other words, you should be guaranteeing one date per month, not one match. Not a successful date, but just a date.
Re: restaurants - maybe not the best analogy. But just like a restaurant, we don't openly advertise it, but when people complain, we're always more than generous with credits / refunds.
I'm working on a blog post to explain this better, as it's much more complicated than I could gracefully express in a HN comment, but just because someone is rejected doesn't mean we didn't do our job well. Dating is a numbers game, and success is no where near 50% for any dating site. What we do - unlike most other services - is work behind the scenes to improve success rates for future matches, if we see that certain people are being rejected often.
For some people, though, the $20 model simply won't work if they find they're not getting enough dates. That's why we also offer Premium, which is a more personalized, tailored approach for a higher price point. Some people simply don't do well with photos, or for other reasons, and at $20, no matter how good we are at matching, it's simply not the perfect fit for everyone.
And lastly - this is our first week with this model, so we are taking all of these comments very seriously, and thinking a lot about how to make a sustainable business model that satisfies the most people. When it comes to dating .. you're unfortunately never going to make everyone happy, but we're trying really hard to make as many people happy as possible. What's interesting is that we've heard almost no complaints about the $60/month model, only about the $20/month one. So we're debating how to make that plan more enticing, or if such a low price point works for the amount of personalization that goes into our service.
Personally, when I was dating I would have looked at your model and dismissed it instantly, because I would assume from experience that it's damn near impossible to define what a good match is - therefore, at best, you're putting so little effort into your 'matchmaking' that the service is effectively worthless.
The existence of a premium alternative wouldn't be reassuring.
This may or may not be unfair. But I think it's going to be a common perception among a good proportion of possible users.
I might be persuaded if you could provide evidence of improved success rates compared to the competition AND that you're not using a simple matchbot AI to provide something that's standard on other sites.
Bottom line is that if I was rating your startup's prospects, I wouldn't be optimistic, because on the one hand you're saying dating is a numbers game, and on the other you're making the numbers as tiny as possible.
My guess is Tinder/OKC/POF will continue to eat your lunch because you're in an uncanny valley between the dumb-as-rocks experience they offer and the high-end personalised interviews-and-flattery experience offered by the premium matching services.
As it happens I met my partner on a dating site, so I know it can work.
That's actually very common, especially in states where you only have to pay for what you eat, so restaurants are all to happy to replace your meal if you don't like it.
That being said, I understand why you are doing it the way you're doing it, thanks to your explanation. As for the price, I don't think it's the price that people would balk at, but rather, the principle - the fact that they can flat out lose their money based on someone else's whim.
I think that if you figure out how to give them something for their money when a date falls through, then it would just make people feel better. I don't know what that could be though, so I'll leave it to you.
While I'm here, I'll add my vote to get rid of the Facebook requirement. I'm very single and ready to mingle, but I don't do social media.
And you're definitely right that it's the principle, and we should think about that more. I like the idea of giving something, and not paying $20 for nothing. It's a tricky scenario (we played around with the business model for months before releasing the new site) but we'll be brainstorming this a lot more.
It I would also suggest them to import all of their social accounts (instagram, pinterest, twitter) which makes sense since your role as a matchmaker is to gather informations as much as you can.
2) If you don't provide a good match (i.e.) one that wants to meet me, you should provide another match.
If I don't want to meet them, that's fine.
If they don't want to meet me, then I paid you $20 for nothing (besides being rejected).
If you don't think you can provide me a match that will want to meet me, you shouldn't take my $20.
It is in the user's interest to pay their money, 20 seconds later get a perfect match that works out, and never use the service again.
Restaurants are not a good analogy. There are many to choose from, you can leave at any point in a meal, it is a well defined product, there are numerous reviews, you can browse the menus beforehand etc.
It would be far more interesting if you could find a way to get paid on success, and not much on failure.
The answer that I came up with: the company will charge less each failed date. This way, after a certain amount of dates, they will theoretically lose money by having you as a customer. This incentivizes them to get you a good match before then. On the flip side, the initial price should be high enough such that it is in the users interest to see if it will work out rather then giving up easily. Lastly, if the previous date request is months before the current one, the company can say that the previous date was a success and start over.
The only problem that I dont know how to deal with is the user whose goal isnt to get a date, but to harm the company. My guess is that some sort of feedback from the dates can asses whether or not this is indeed happening.
To my mind, yes it does. When someone is paying per match, if match that won't meet you, it was a failure. I don't mind rejection, but I don't want pay to be rejected.
It doesn't have to go on indefinitely, but it makes sense to me to retry a couple of times that month and then offer the person the choice of either a refund or a new match next month with some advice on how to improve their profile.
$20x2 per match is your baseline income per match here which I assume covers your costs.
1st try gets rejected, $20 bucks from the rejecter 2nd try gets rejected, $20 bucks from the rejecter 2rd try gets rejected, $20 bucks from the rejecter
So $60 a month should cover it, assuming that you have a 100% rejection rate.
$35 (.5 x 20 + .25 x 40 + .25 x 60) a month should cover it if you have a 50% rejection rate.
So assuming you have a 50% or less rejection rate, I would pay $35 a month for at-least a 7/8 chance of meeting someone every month.
$100/match to provide a guaranteed date would mean that your rejection rate is about 83%. Estimated using this forumula: (5 = x^1 + x^2 + ... x^n) and solving for x as the probability of rejection. I used an n of 29 for the estimate.
expected cost = cost of first match times probablity it is needed plus cost of second match times probability it is needed... plus cost of nth match times probability it is needed.
100 = 20x^0 + 20x + 20x^2...20x^n 5 = x^0 + x^1 ... x^n
The actual number is more like 72% :/
But most people still think $20 is too much to spend at just a chance. If they were to pay on success, no matter how good we were, we'd be losing a lot of money. Some startups are fine doing that, but we wanted to create a sustainable business model from the start.
Also, I've heard the 'if you're good, you lose customers' comment a lot, but that is not the case with dating. People who are successful still go on a lot of dates, and the better you are, the more people they refer. Our goal is 100% to provide the best matches possible, so that people like us, refer their friends, and end up happy / in love / dating / having sex / doing what they want. If we had a crappy service that kept 'dangling' people in front of one another, a) none of us would want to work here and b) we'd have very high churn and die very quickly.