OmniDate Inc. offers solution, which creates simulated dating environments where two people go on a virtual date: they select environment, their avatars and start to communicate.
As the company is also based in Toronto, we decided to meet and talk with Ravit Abelman, who is a cofounder of Omnidate.com. Below is a short summary of what we’ve learnt about OmniDate.
Q: How would you describe your project?
A: OmniDate has created a virtual dating application for dating sites. We help dating sites extend their model of member interaction to virtual dating with minimal investment. Allowing singles to meet in a virtual café is a fantastic way to dramatically improve user experience. Online daters, particularly women, love virtual dating because they can get to know each other in a fun and safe environment before meeting in person. Looking at it strictly from the business perspective, our application allows dating sites increase their conversion and retention rates.
Q: Why did you find OmniDate?
A: We saw a big gap in the online dating. Although there is no shortage of available singles, for some reason the success rate is minuscule.
It appears that people have a hard time getting to know the person behind the profile and meeting in real life. It is particularly difficult for women, who are concerned about safety issues. Under the current model, people search through millions of profiles and communicate with each other primarily through email, which is not an ideal way to getting to know someone. Not surprisingly, when people do meet in real life, the most common reaction is disappointment, especially among women. An average dater cancels her account after 3 month, not because she has found someone, but because she got exhausted and frustrated.
In contrast, virtual dating is a fun and safe way to get to know each other online before meeting in person. It helps establish commonalities in a safe, non intrusive way and reduces the awkwardness of the first date. There is actually research by Harvard and MIT that shows how virtual dating leads to better in-person dates.
Q: Tell us more about the technology and research behind OmniDate.
A: We simulate a dating environment online through 3D avatars, chat, games, and music. The application is 100% web-based and does not require end-users to install any additional software. It is built to easily integrate into any dating site and create a seamless experience for the end-user.
In terms of stats, an average virtual date lasts approximately half hour, and 15% of virtual dates continue for over 2 hours. We are also seeing a very high repeat use rate. This approach to dating has a great degree of appeal among online daters, particularly women – 60% of registrations on our test site are women. This is in sharp contrast to webcam dating, where according to a recent survey, most women who tried webcam dating said they’d never use it again.
Q: How do you see your technology helping dating sites?
A: OmniDate is a business tool. It helps dating sites improve their profit margins by increasing direct interaction between members. Virtual dating creates member activity, and results in higher conversion and retention rates.
Let me give you a sense for the magnitude of impact on profits. Even seemingly small improvements in conversion rates and retention translate into substantial gains for dating sites. For example, for an average dating site, an improvement in conversion rates by 3% OR an increase in retention by 3 weeks would roughly double profits for an average dating site.
Q: Please share your outlook on the future of online dating. Where is the industry heading to?
A: Last year, Scientific American published a big article on online dating, which concluded with a prediction of where online dating is heading. It said that the next step in online dating is virtual dating. I am in total agreement.
We are experiencing a major shift toward the use of avatars and virtual worlds. It used to be that only kids played with this stuff. Today people of all ages are enjoying virtual worlds, and even companies and universities are using these tools. Virtual worlds have over 300 Million registered users, and it is projected that 80% of all active Internet users will have a virtual identity by the end of 2011.
We think virtual experience fits perfectly into online dating. I believe that in a year or two, dating sites that do not offer virtual dating will be seen as outdated. By the way, since we released our beta earlier this year, a number of media, such as NBC, CBC and E! Entertainment, have also described our product as the future of online dating.
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