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Dating Options &
Information...
Types Of Dating Services
Brick & Mortar Chains
Online Dating Websites
Speed Dating
Matchmakers
Print Personal Ads
Radio Station Datelines
Odds of Success
Consumer Protection Info
Industry News
Background Checks
Top Dating Service Reviews...
8 Minute Dating
American Singles
Big Church
Christian Mingle
Date.com
eHarmony
Friendfinder
Gay.com
Great Expectations
Hurry Date
Its Just Lunch
JDate
Lavalife
Match.com
Perfect Match
Quest Personals
Tickle
Together Dating
True.com
Yahoo Personals
Top Matchmaker Reviews...
Barbie Adler
(Chicago)
Dianne Bennett
(Los
Angeles)
Janis Spindel
(New York
City)
Kailen Rosenberg
(Minnesota)
Kelleher & Associates
(Beverly Hills)
Leora Hoffman
(Washington
DC)
Lisa Ronis
(New York City)
Matchmaking Institute
(New York City)
Valenti International
(Rancho Santa Fe, CA)
Zelda Fischer
(Boston) |
Brick &
Mortar Retail Chains
(Off-line Dating Services: Chains &
Franchises With Physical Offices)
Summary
Marketdata Enterprises
estimates that this segment of the
industry was negatively impacted by the
dating websites and other competition,
and is struggling. The number of offices
operated by the largest “bricks and
mortar” dating services are declining or
flat—not growing. The price of a
franchise in this segment has been cut
since 2002. Marketing methods are not
yielding strong returns. Complaints and
actions by local authorities still
persist. All these indicators point to a
troubled market segment.
The top four chains or
brand names in this market segment
operated about the same number of
offices in 2003 as in 2001—about 218.
However, their estimated combined
revenues fell about 23% in two years.
A sea change has taken
place in the industry—a combination of
major competition from low-priced
Internet dating services such as
Match.com, and a slow economy where
debt-ridden consumers are very reluctant
to pay the high prices that the
“traditional” services charge. In
addition, it’s just a lot tougher to get
prospects in the door, since the return
on direct mail marketing that they use
is so abysmal. Furthermore, the major
credit card companies have imposed
tighter restrictions on dating services.
These chains or
franchises represent a middle ground
between the least expensive dating
services (dating websites) and the most
expensive (independent matchmakers).
They may be attractive for singles who
want a higher level of personal service,
and background checking or at least
knowing that their matches have been
seen in person to verify their weight,
height, age, whether the man is bald,
etc. If you are willing to part with
$3,000 - $4,000, this may be the option
for you. Just realize that this segment
of the industry has had lots of
unscrupulous and aggressive sales reps
in the past. Keep your guard up, don’t
be forced into contracts that don’t
sound right, try to contact unbiased
references, and “let the buyer beware”.
Niche Segments
In the category of
“other” dating services with physical
operations (not just online), we include
speed dating outfits and other companies
such as: Table For Six Adventures,
Dinner for Six, Dinner Dates, Lunchdates,
PerfectMatch.com,
Renaissance For Singles, and other small
operations. In fact, whatever growth
occurs in this segment of the market is
likely to be driven by niche operators
such as speed dating.
The Major Chains
Following are the major identifiable
chains that are still operating:
|
|
# of
offices
2001 |
#.
of offices:
2003 |
|
|
|
|
|
Great Expectations |
54 |
54 |
|
Together |
90 |
70 |
|
Matchmakers Intl. |
40 |
29 |
|
It’s Just Lunch |
30 |
65 |
|
Total: |
214 |
218 |
Source: company information, Marketdata
estimates
Great Expectations
Based
on our own research, and conversations
with competitors in various segments of
the industry, Marketdata believes that
GE may be operating the same number of
offices as in late 2002. The problem
with Great Expectations is that it is no
longer a coordinated franchise system
with a head office. Each office is
individually owned and has its own
marketing practices and policies. It
appears from the company’s current
website that GE still operates about 54
offices nationwide, and that two people
own the bulk of them
One can find the locations of these
offices by using the website:
www.great-expectations.com.
Marketdata estimates that the average
customer pays GE $3,000+ for its
services. Unfortunately, the company
still struggles with bad publicity
regarding deceptive and high pressure
sales tactics that we thought had been
eliminated years ago. Not so, as
evidenced by a February 2004 lawsuit
against the firm by the Kansas Attorney
General.
Together Dating Service
Headquarters:
5026 Dorsey Hall Drive
Suite 205
Ellicott City, MD 21042
(410-730-8866
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