Efficiency of Indian Matrimony Sites - PowerPoint PPT Presentation

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Efficiency of Indian Matrimony Sites

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Analysis of the challenges and efficiency of Indian matrimony sites – PowerPoint PPT presentation

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Title: Efficiency of Indian Matrimony Sites


1
are online matrimony in india efficient?
  • A Story of Hundreds of Online Matrimonial Sites
    and Millions of Profiles.

Source
2
Introduction
  • Around the same time as Internet boom started in
    India, the online matrimonial portals likewise
    came into existence.
  • A country that believes in marriages are planned
    meeting up of couples, their stars, their
    horoscopes and their families, relies on highly
    accurate data.
  • The challenge of matchmaking is huge both in
    terms of information and co-ordinations.
  • Both economics and technology of this matchmaking
    business always experience changes. 

https//matrimony.lallabi.com
3
Understanding The Demand
  • Indian Internet Users are the Fastest Growing
    Globally
  • Online Services are becoming convenient,
    economical and less cumbersome.
  • Estimate of 50-55 million online subscribers
    enrolled their profiles and 2.5 million uploaded
    their profiles on Indian Matrimonial sites.
  • By 2018, it is said that the country's
    matrimonial business will acquire a size of the
    mega sector with a super target of Rs 1,000 crore
    in India.
  • Matrimonial websites are progressively turning
    into a superior choice for the new generation in
    their search for potential mates.

https//matrimony.lallabi.com
4
Understanding The Supply
  • Sites providing match making based on Age,
    Profession, Religion, Ethnicity and Caste based
    profiles.
  • Exclusive sites are popping up for different
    communities.
  • Conveniently anonymous, and could turn
    recognizable when things moved from one stage to
    another.
  • Data Mining and Analytics is gathering and
    processing the information of profiles to improve
    matching capabilities.
  • More investors are showing interest in building
    the site and adopting new technologies for better
    user experience.

https//matrimony.lallabi.com
5
Understanding the Challenges
  • Huge Data of profiles with different requirements
    and specific demands.
  • Adopting New Technologies and recruiting Experts.
  • Lack of research of ever changing dynamics and
    economics of marriage industry.
  • Poor understanding of the requirements and
    demands of the Millenials.
  • Neck to Neck Competition among the Sites.

https//matrimony.lallabi.com
6
Conclusion
  • Online Matrimonial sites are the reason for the
    paradigm shift in the traditional way of match
    making.
  • As the number of internet users are increasing,
    matrimonial sites are getting more subscribers
    which is making them into a huge data mine.
  • Few sites have succeeded in utilizing this data
    and delivering efficiently.
  • Few new sites are promising in terms of
    providing unique solutions and reliability.
  • Overall Efficiency is average and still has long
    way to go.
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