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Wednesday, May 16, 2007

American Singles spirals downward

AmericanSingles.com continues it's death spiral downwards according to these graphics provided by Compete.com





This graph (above) shows the number of people visiting American Singles has declined 1 million or 33% in just two months. This is an absolute disaster. Their Q107 financial report confirms things are not well "Average paying subscribers for the Company’s AmericanSingles segment were 61,620 during the first quarter of 2007, a decrease of 32% compared to 90,323 from the same period in 2006." The decline in revenue and membership is attributed to less spent on marketing. However marketing only declined 10%.

Perhaps singles are learning they no longer need to pay to meet others online.

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