Just want to second this, I think it’s a pretty well-known issue in the industry. Dating apps that do incredibly well at setting up people on dates will get little use (because they typically charge monthly rates, and will get to charge fewer months if the customer is happy and leaves quickly). It’s possibly a very large market failure.
I could imagine a hypothetical app that was able to charge a lot more initially (Like, $2,000) but did a much better job. Of course, one issue with this is that these apps need a lot of users, so this could be really difficult.
I think it could be possible to figure out a solution here, but I imagine the solution may be 2/3rds payment/economic-innovation.
Perhaps an idea solution would look something like a mix between personal guidance and online support.
Dating apps and matching are not neglected, but for some reason this more deliberate experimental approach seems largely ignored.
Dating apps have misaligned incentives. A dating app run as a non profit could plausibly out compete on the metric of successful couple formation.
Just want to second this, I think it’s a pretty well-known issue in the industry. Dating apps that do incredibly well at setting up people on dates will get little use (because they typically charge monthly rates, and will get to charge fewer months if the customer is happy and leaves quickly). It’s possibly a very large market failure.
I could imagine a hypothetical app that was able to charge a lot more initially (Like, $2,000) but did a much better job. Of course, one issue with this is that these apps need a lot of users, so this could be really difficult.
I think it could be possible to figure out a solution here, but I imagine the solution may be 2/3rds payment/economic-innovation.
Perhaps an idea solution would look something like a mix between personal guidance and online support.