Is online dating the new e commerce in india

11
Is Online Dating the New E-Commerce in India By Layak Singh

Transcript of Is online dating the new e commerce in india

Is Online Dating the New E-Commerce in India

By Layak Singh

E-Commerce Way

• Buy everything online•Current e-commerce market in India $16 bn• By 2020 expected to reach $50 bn

Not just buy-n-sell

• Information seeking• Info Sharing• Mass-Communication on Personal level ( remember messengers )

Current Scenario in E-Commerce Industry

• Small players are getting acquired • They require extraordinary financial support• They fall on the rock of hard times

Youth On-Off Line

Change in the air

Social media changed the way youth interact, perceive and conceive ideas. Social media and online platforms playing significant role in changing the society and beliefs.

Dent to Traditional Practices

• Arrange marriage drops from 57% to 27% today Bloomberg Study.• Social Media have played a vital role in bringing people closer and away from traditional practices.• Mobile dating apps like Tinder is the new mantra for youth to connect and build relationships. They like hook-ups.

Online Dating in India

• Ease of connectivity and access to real people has Indian youth craving for quick relationships than following the age old tradition of arranged marriage. • Over 115 million online users access dating sites averaging 10 minutes on their mobile devices. • Average spending on online dating sites are estimated to be $239 annually.

Who Controls the India Dating Market?

Safe and Secure Platform

Real Time Data

Engagement

Who Controls the India Dating Market?

Real Life Experience

Going Beyond Online Recommendation

Why Cogxio is the future of online Dating ?

• Cogxio mobile app lets you interact in real time• You can plan your date • Multiple level of security helps filter the fake profiles • Discover people using location• Use blue-tooth to discover people near you. • Machine learning techniques applied to produce accurate match, percentage match shows your compatibility level.

Thank You !!