Matchmaking & Date Coaching Market

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Category: Business and Industry

Date Submitted: 07/22/2016 01:18 AM

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July 22nd 2016 Mumbai, India: Bharatbook.com announces a report on “Matchmaking & Date Coaching Market". Online firms (dating websites (eHarmony, Match.com, others) are still struggling to bridge the divide with off-line services such as matchmakers, but it continues to be challenging.

This is the ONLY in-depth business analysis that covers matchmaking, since there is no trade association performing market research. This is a fascinating analysis of one of the oldest professions—matchmaking, and a support service—date coaching.

The nation’s estimated 1,600 matchmakers and 400 dating coaches are posting moderate growth, while other dating market segments such as radio datelines, print personals and phone chat lines continue to slide. Online firms (dating websites (eHarmony, Match.com, others) are still struggling to bridge the divide with off-line services such as matchmakers, but it continues to be challenging.

This US Matchmaking and Date Coaching combined market is a now a $392 million business in the US Their numbers are rising, and the field is doing well. This is an easy business to enter (no license needed), with little investment capital and profit margins as high as 76% of sales. Most operate solo, in one city, but matchmakers that make $1+ million will travel nationwide and internationally for clients. New entrants are being trained and certified by The Matchmaking Institute in New York City. This market segment was worth $363 million in 2015.

Dating coaches are growing in number, about 400 today. Dating coaches sometimes collaborate with matchmakers but often they compete with them. Most work part-time, earning $30,000 or so, but two make more than $500,000 due to extensive product lines including books, workshops and video courses.

The study examines: market size/forecasts and segments from 1994 to 2020 Forecast, how dating services operate—typical models/revenues/fees/profits, and results of a recent custom survey of matchmaker operations...