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Match.com’s Dating Stat War Goes Beyond PlentyOfFish

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Match.com has sent letters to several rival dating sites demanding that they stop circulating what the company considers to be false statistics about their services. We reported yesterday that Match.com had asked PlentyOfFish to stop making some claims about its site—but Match.com CEO Greg Blatt tells us the company sent letters to other sites last week as well. “There are a number of players in the space who are really just trying to ‘get theirs’ and they make wild and misleading and unsupported claims on a regular basis on their sites, in their online advertising,” he says. “Over time, those kind of things erode people’s confidence in the category.” He declined to name sites other than PlentyOfFish, saying he didn’t want to give those competitors the “PR benefit” of naming them.

The dispute comes as Match.com’s traffic has been dropping off sharply, according to comScore (NSDQ: SCOR). But Blatt calls those numbers “sort of silly,” noting that Match.com recently purchased Singlesnet, which regularly ranks among the top dating sites by traffic, “for virtually nothing.” (Match.com parent IAC (NSDQ: IACI) never disclosed the purchase price). “ComScore ... is really not at all demonstrative of the activity on the site and the success of the site,” he says.

During our chat, I asked Blatt whether Match.com, which in addition to Singlesnet, recently purchased People Media, was still on the look-out for acquisitions. “We’re always looking at things in the industry,” he says. “A lot of it is driven by price. At the end of the day, I think right now we’ve got the field pretty well covered—we’ve got Match which is the core, we’ve got Chemistry, we’ve got the People Media niche sites, which are more demographically targeted. There’s no gaping hole in our portflio, so I don’t think there’s a strategic need to buy anything in particular.”

For the record, Blatt is dismissive of two seemingly obvious holes in Match.com’s portfolio: A free offering and one based on an existing social network. Blatt says free is a “misnomer” since most so-called free sites, including PlentyOfFish, do have paid options. As for a social dating site, like Zoosk, Blatt says it’s a “subscription-based, paid dating site that does exactly what Match does only with far fewer people and not as good tools and features.” 

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Couple Arguing Photo: Corbis / Doctor Stock

Posted In: Legal, Social Media, Community, Companies, IAC, match.com, plentyoffish

  • The Online Dating Industry is selling elixirs, tonics, snake oil liniments and other patent medicine. Patent Medicine Started the Pharmaceutical Industry in the USA.

    Patent medicines were preparations that often contained various ingredients such as opium and alcohol and claimed to cure many if not all diseases. Early drug manufacturers made their own formulations and marketed them under a variety of names.
    Very early patent medicines were often called “Cures” because they claimed to cure many if not all diseases.
    Eventually the U.S. government stepped in and forced the wording change from “Cure” to “Remedy”. This was to bring a level of honesty into the pharmaceutical industry.
    Most of the major drug companies today got their start with patent medicines. Pharmacists or Doctors would set up a small building with tablet machines or ointment mills and began manufacturing their drugs. This went on without any interference from any government agency.

    One could make any claim and engage in drug making without any credentials.

    Eventually, the federal government began to restrict the manufacture of these drugs. Slowly at first. With time the growing pharmaceutical companies were required to prove the safety of their drugs but not efficacy.

    But by the 1960’s efficacy as well as safety were required to be shown for a drug to remain on the market.

    The Online Dating Industry is performing like the Pharmaceutical and Cosmetic Industry before the
    USA Food and Drug Administration was created.

    Is PlentyOfFish going to be the horse named Jim in the Online Dating Industry?

    You can read the rest of this comparison and see several screenshots in my blog.

    http://onlinedatingsoundbarrier.blogspot.com/2010/05/horse-named-jim-in-online-dating.html

  • They’re just scared of all the other FREE dating websites taking away from their business.  I got a direct mail piece in the mail today from www.DateCover.com that said, “DateCover.com was founded when 3 smart people realised paying a website $50 bucks to date was stupid. Why not build a matching prodcut to pay sites but make it 100% Free?  Genious!” 

    Good luck datecover.com.  The economy sucks right now. I need all the free handouts i can get!

  • At every IAC REPORTS RESULTS the IAC uses the word “Match” meaning “Personals: Match + Chemistry + NetClubEncuentro + Udate + PeopleMedia communities + SinglesNet”.

    At Q4 2002 Match had nearly 700,000 paid subscribers.

    At Q4 2009 [Match + Chemistry + NetClubEncuentro + Udate + PeopleMedia communities ] had nearly 1,377,000 paid subscribers.

    The new IAC Q1 2010 says “Match” had nearly 1,585,000 paid subscribers but it really means [Match + Chemistry + NetClubEncuentro + Udate + PeopleMedia communities + SinglesNet].

    The 27% stake in Meetic can be found on the “equity in losses of unconsolidated affiliates”

    The Latin America Partnership (50% stake in Parperfeito) is not yet accounting for in earnings. 


    I think it is a serious US Securities and Exchange Commission (SEC) fraud to use the word “Match” meaning “Personals: Match + Chemistry + NetClubEncuentro + Udate + PeopleMedia communities + SinglesNet”

     

    Regards,

    Fernando Ardenghi
    Buenos Aires
    Argentina
    ardenghifer@gmail.com

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