U s dating services market 2016
Today, financial services firms are watching this history repeat itself — from the other side of the lens.
Literally every product they provide is being threatened by younger and smaller competitors.
Few technology organizations entering a new market can survive a viral outpouring of anger on social media after say, a blasé call center encounter or a logistics screwup.
If you don’t find the consumer issues too daunting, then consider the other barriers to entry facing you.
Even business-to-business customers are more fickle than they used to be; as transaction speed has escalated, they maintain less inventory and place smaller but more frequent orders.
And this broadside is not by any means limited to financial services.
Entrants from the tech sector have already also reshaped the media and retail businesses.
Creating online dating profiles helps consumers carefully consider potential matches.
Likewise, evaluating a dating site before using it is essential, and it will bring you that much closer to finding a good match.