• Home
  • Investing
  • About
  • Contact
Menu

Economix101

  • Home
  • Investing
  • About
  • Contact
Tinder.jpg

Tinder, Spark Your Relationship

May 6, 2014

Recently, there has been a flurry of iOS dating applications, many of which belong to major dating websites eager to reach their customers through an alternative medium. These applications, although extremely popular, maintain a certain negative appeal. Thus, serious dating companies, like Match.com (a subsidiary of IAC), have updated their iPhone applications to emulate the design of socially acceptable apps, such as Tinder. For instance, Match.com’s new app includes a swiping system similar to Tinder, along with an enhanced user experience, made possible by algorithms and information collected by the company. Match.com’s app also includes a new search option that allows users to narrow potential lovers by prioritizing similar interests.

Such new features reflect Match.com’s new strategy to be competitive in mobile markets. By encouraging its customers to transition from a desktop to mobile platform, Match.com hopes to overtake Tinder and capture its market share. However, this major realignment faces substantial roadblocks, specifically consumer demographics.

Unlike Match.com, Tinder caters to young adults and high school students, and is used as a “time killer;” it's also a great confidence booster, you know, in case you have that super shy friend (there’s always one). However, generational conflicts of interest, in addition to Tinder’s lenient community guidelines, have jeopardized the app’s credibility. Furthermore, “cat-fishing,” or not knowing who the hell you’re talking to, has also ruined the online dating scene. But as capitalism suggests, negative externalities lead to free market opportunities.

Enter Hinge, a newer dating app that addresses “cat-fishing,” and eliminates the creepiness factor of online dating. Considered by many as the “anti-Tinder,” Hinge’s design is actually surprising similar to that of Tinder, encouraging users to swipe left or right to indicate interest. The only difference is that Hinge matches its users with people who share your mutual Facebook (FB) friends.

The app has recently received tremendous support from college graduates and urbanites. In fact, Hinge claims that 99% of its users are college educated and are located in 8 major U.S. cities (New York, Boston, Philadelphia, Chicago, San Francisco, Atlanta, Dallas, and Washington D.C.). Since its inception, Hinge has paired over 2 million people, and seen one couple married.

In Apps, Entertainment, Millennials, Social Media Tags Tinder, Match.com, Facebook, Hinge, Mobile, Dating, Love, College, Startups, VC, Popular
← Dividends For DummiesThe Importance Of Rationality →

Show Your Support

Please help us achieve worldwide financial literacy. Everyone deserves an economic education; follow and share our content across social media so that we aren't forced to advertise. Thanks.

Make & save money with Wealthfront.

Home RSS
Trending Authors
  • Jackson Moses
  • Ryan Vertelney
  • Zac Cherin
  • Spencer Drazovich
  • Jacob Grant

Trending Articles

Home
Dear World, LinkedIn Is Not Facebook
Dear World, LinkedIn Is Not Facebook
about 9 years ago
15 Reasons To Love Alibaba Stock
15 Reasons To Love Alibaba Stock
about 9 years ago
You're Missing Out On $100,000s
You're Missing Out On $100,000s
about 9 years ago
Building America's Next Bomber
Building America's Next Bomber
about 9 years ago
Uber Beats Facebook To $50B Valuation
Uber Beats Facebook To $50B Valuation
about 9 years ago
Marshawn Lynch Stars In Black Ops
Marshawn Lynch Stars In Black Ops
about 9 years ago
Taylor Swift & Apple Have Bad Blood
Taylor Swift & Apple Have Bad Blood
about 9 years ago
Netflix Is On Fire
Netflix Is On Fire
about 9 years ago
Who Actually Owns Jack Daniels?
Who Actually Owns Jack Daniels?
about 9 years ago
America's Most Secretive Company
America's Most Secretive Company
about 10 years ago

Home RSS

Brief Disclaimer: Economix101, Inc. is not an officially licensed analyst/research firm; moreover, investing is a risky endeavor. There is no guarantee that you will make money. There is a very real chance that you will lose money. This site, and its many contents, is to be used as an investment research tool, and nothing more. Please consider all risks before investing. All decisions are made of your own volition. By using this site, you agree to the following terms set out in the below "Terms of Service" agreement, specifically that Economix101, Inc. (and its affiliates) is not responsible for any sustained losses directly or indirectly associated with this site.

Terms of Service  |  Privacy Policy  |  Social Media

Copyright ©2015-2020 Economix101, Inc. All Rights Reserved.