Profiles can be posted online free of cost and the
cost per month per subscription ranges from Rs 400 - Rs 950. The medium
is used by singles, divorcees and widowers - including parents of
various prospective brides and grooms mainly because:
- It creates the opportunity to meet people one would otherwise
never meet. Men cite this as an advantage especially the one living
in non-metros,
- It's easier to end a relationship if it's just online,
- It offers privacy and confidentiality Women regard this as a
big advantage,
- It's a lot more convenient than other ways of trying to meet
people and allows you to be selective. Again, women regard this
as a big advantage than men,
- Two main reasons for not using the service were perceived lack
of trust - 84 per cent and embarrassment - 16 per cent.
The estimated market size of the Online Matrimonial Search market
for the year 2004-2005 is Rs 200 million and the projected market
size for the year 2007-2008 is pegged at Rs 800+ million. On the
other hand, the market size for the year 2003-2004 was Rs 60 million.
On the other hand, the online matrimonial search subscribers in
October 2004 was four million as compared to 2.25 million in June
2003.
People in the age group of 20 - 55 years are the ones who usually
log on to matrimonial sites and the fastest growing age group is
25 - 34 years. The study also found that the average time spent
by visitors on matrimonial searches is 19 minutes and the
average time spent by subscribers on matrimonial searches
is 34 minutes. The male-female ratio, on the other hand is 69 per
cent: 31 per cent.
IOA examined matrimonial search by new subscribers by gender and
found men to be more involved in the process.
Hindustan Times chief executive Internet Sanjay Trehan said, "The
online matrimonial classifieds are replete with exciting possibilities,
as better search, wider reach and real time environment lead to
more customer benefits. However, it is critical to maintain the
credibility and integrity of the database. At Hindustan Times,
we are planning to add more value to our online offering, HTMatrimonials.com,
which is aligned with our print product."
BharatMatrimony.com business head S Suresh said, "The Internet
is a powerful medium that is borderless and seamless, couple the
Internet with life partner searching and the possibilities are endless.
The Internet definitely has more benefits than other mediums of
life partner searching. Every search query that is put forth by
the user returns with a wider choice and precision of the query
so put, thereby improving the quality of matches and hence making
it a growing and preferred medium."
Rediff.com India Limited head IR and public affairs Debasis Ghosh
said, "We are happy to state that Rediff Matchmaker is one
of the fastest growing communities on the Rediff website as demonstrated
by the over two fold growth achieved in our matrimonial subscriber
base over the past year. This growth was achieved on the back greater
customer delight experienced by our users due to the introduction
of superior features like the unique message management system allowing
for threaded and referenced interaction and the state-of-the-art
contextual search facilitating better matches. With dozens of successful
matches being initiated through Rediff Matchmaker during 2004, we
are optimistic that this service will continue to foster a young
and vibrant community of interest at Rediff.com."
On the other hand, Shaadi.com group product manager Shrinath Mithanthaya
said, "When it comes to marriage, every individual's deepest
desire is to "arrange my own love marriage". Shaadi.com
understands this perfectly, and helps customers transform virtual
matchmaking into a 'Real', delightful experience - detailed profile,
multiple photos, video clips, live chat, etc. We have created trust
by getting our customers to build Shaadi.com. Under our Continuous
Improvement Program, we religiously listen to their requirements
and systematically implement them. And sure enough, Shaadi.com is
the world's first matrimonial site to have an ISO 9001:2000 certification.
Besides, our TRUSTe and VeriSign seals also attest the privacy and
security of customer information."
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