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As a matter of fact, some eligible singles will only deal with a matchmaking services company that specializes in connecting singles of same race or same sex et al hence the need for some matchmaking services company to carve a niche for themselves.Aside from creating platforms where eligible singles connect, most matchmaking services companies also specializes in one or more of the under listed; The Level of Competition in the Dating Services Industry The competition that exists in the dating services industry of business goes beyond competition amongst dating/matchmaking services companies in your location; you are expected to compete with other organizations such as churches and clubs who have the capacity to also connect eligible singles.So, if you have done the required feasibility studies and market research, then you might want to venture into this business.If you have been pondering on starting your own matchmaking services company, but do not know how to go about it, then you should consider going through this article; it will give you the needed guide and direction. If YES, here is a complete guide to starting a matchmaking service business with NO money and no experience.Okay, so we have provided you an in-depth sample matchmaking service business plan template.One thing is certain, if you are well positioned (both online and offline), you have the required business skills, networks and you have a robust assemblage of eligible spinsters and bachelors under your network, you are likely not going to struggle to compete favorable in the dating services industry.Other factors that encourage entrepreneurs to start their own matchmaking services company could be that the business is easy to set up and the start – capital is indeed affordable; you can actually start your own matchmaking services company from the comfort of your house.
From all available statistics, it is safer to say that the dating services industry is growing steadily despite the competitive nature of the industry.
The industry is projected to grow at a 5.3 percent annual rate within 20.
It is important to state that e Harmony and Match Group have the lion market share of the available market in the industry.
But there are several matchmaking services companies and other related businesses in the dating services industry scattered all around the United States and even in the globe.
So, if you choose to start your own matchmaking services company in the United States of America, you will definitely meet some level of competition amongst matchmaking services companies and other businesses or individuals that can offer the services that you are offering.