Rich spend more time online

Being rich not only gets you the best cars, houses, luxuries, clothes, health care, insurance, entertainment, you also get more out of using the Internet. To put it bluntly when you are wealthier you tend to be more educated and therefore have a more specific reason for using the Internet. And some new research by Jupiter Research shows that rich Americans tend to search the Internet where the rest tend to surf. The simple definition here is that surfing is mindless reading of websites, random or not, to relieve boredom whereas search the Internet is to solve problems. So a good chuck of their time is focussed on business rather then pleasure.

Here’s a quote from the article, “ Speaking of social networking, it’s in with the upscale crowd. The Jupiter study found 43% of affluents use instant messaging, compared with 36% of people with lesser incomes. A full 26% of affluents read blogs and 11% are blog-authors. Among non-affluent people, those figures are 22% and 6%, respectively.”

This would certainly hold true in South Africa where the rich have been able to afford Internet access for much longer – and therefore has more experience online. When you have more experience on the Internet you get more out of it. In my online dating research I found that user experience improves dramatically after first 12 months.

Read the full article @ MediaPost here…

Online personals sites falling in popularity

Thirty-three percent fewer consumers are browsing online personals today than one year ago, causing the industry growth to slow considerably, says a new report.

JupiterResearch, a division of Jupitermedia Corporation, today announced some of the key findings of its latest report on the online personals industry, “Online Dating: Serious Daters Offer Salve For Slowing Growth”, which is based on a survey of over 2,300 online adults, and also includes JupiterResearch’s forecast for the growth of the online personals market.

“For years, online dating sites saw large numbers of new users flowing into the market every year,” said JupiterResearch Associate Analyst Nate Elliott.

“As a result, the industry grew by 73% in 2002 and 77% in 2003. But in 2004, as the number of users actually started to decline, the market grew by only 19%. In 2005, the industry will grow by just 9%, to $516 million.”

With fewer users browsing online personals, dating sites have focused on increasing conversions of viewers into paying subscribers in order to keep growing. Industry-wide conversion rates have increased approximately 25% in the last year. Many dating sites are also looking to serious daters, those users hoping to find long-term relationships or marriage, to increase revenues.

“Serious daters present an attractive opportunity for personals sites,” said Elliott. “These users convert 20% more often, are twice as likely to purchase long-term subscriptions and pay up to twice as much per month as casual daters,” added Elliott. The JupiterResearch report also addresses how companies are attracting these profitable users to their sites.

The complete findings of this report are immediately available to JupiterResearch clients online.

For additional information on the report visit JupiterResearch’s Digital Content.

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