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We live in an age with an abundance of personal information exposed in the ether of the internet.Most of this information is disclosed voluntarily by the user, often without direct monetary cost.It’s a cycle that has led to a 36% increase over two years across all age groups.This has amounted to billion dollars per year in revenue for the dating industry.Public, Personal Profile It’s hard not to have at least one personal profile somewhere online.Social media is more prominent than ever—from old mainstays like Facebook and Twitter to newer apps like Instagram and Snapchat.The bright side, however, is that it seems we’re now better able to multitask, reserving our mental facilities for more important activities.This ease of use and shortened attention span mean that many do not give full attention to financial details upon which they may have previously fixated.
Here, we’ll be addressing dating sites and their specific risks.
The Dating Industry Spike With social media and shopping apps becoming prominent, it’s been a logical progression for online dating services to take off.
One in 10 consumers spend over one hour daily on dating apps, such as e Harmony, Tinder, Match, Ok Cupid, and Coffee Meets Bagel,.
Not everybody uses these sites profusely, but they’ve been widely adopted—about 40% of singles frequent these sites regularly.
Thanks to online dating’s transitioning into the mainstream, there’s been an accompanying decrease in stigmatization.