We can all agree that the dating landscape is rapidly changing. There is no reason to shame friends about finding your soulmate through an app like Tinder. There are many reasons why apps like Tinder should be developed. Read the article to learn more about development costs, time, and features.
Statista reports that 46% use a dating app. In 2020, there will be more than 44.2 million users of dating apps in the United States. According to the Statista Digital Market Outlook, the number of people using this segment will increase by 53.3 million in 2025. It was also found that online interaction is responsible for around 20% of all relationships in the USA.
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There are over 6.6 million paid Tinder users worldwide. It is owned and operated by Match Group, an online dating site. In mid-2020, it was split from its parent company IAC.
The market for dating apps is growing, and there is an increasing demand for new dating apps. You can learn how to make a dating app that makes a profit. It would be best to consider what features you want to include. What is the cost of this service? It will take time and money.
What Is Tinder?
Tinder, an American geosocial dating app, allows users to swipe to like or dislike profiles of other users anonymously. It includes images, lists of personal interests, and a bio. Users can exchange messages with their matches once they have found their match.
Tinder was launched in 2012 by Hatch Labs, an incubator. In 2014, Tinder registered more than one billion swipes per day. This number will be 1.6 million by 2021.
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The company recently launched Tinder lite, a lighter version of its dating app. Tinder requires accessing Facebook to use; users can register with their mobile number later in 2019. Tinder allows users to access the app on mobile and web browsers. This dating service is based on the freemium model.
Why Create A Tinder Clone?
Online dating apps are the best way to make money. This trend has been around for some time, and many people accept it. It allows people with the same personality to be in beautiful relationships.
- Facilitate seamless networking and interaction
- Market research opportunities
- Marketing and branding for businesses
- Confidence.
According to the report, people spend more than 90 minutes per day on apps like Tinder. You can rank high if you launch a dating app.
How To Create Dating Apps?
Is it logical to create an app similar to Tinder? Yes. Online dating is saturated with significant players like Tinder, Tinder, and Grindr. In 2020, the U.S. had a revenue of 602 million dollars from online dating.
According to the Statista Digital Market Outlook, revenue will rise to 755 million dollars in 2024. Developing a dating app such as Tinder would be a good option.
The dating app has become more popular due to pandemics if you want to create a feature-rich dating app that will help you succeed in the match-making industry, read the step-by-step guide.
Find Niche
Finding a niche is an essential step in starting a dating app. Many dating apps are available, but finding your niche will allow you to stand out from the crowd.
Choose a Business Model
Tinder and other dating apps can use a variety of business models to make money. These are some of the models:
- Freemium model;
- Subscription model
- Crowdsourcing model
- One-for-one model;
- Franchise model;
- Distribution model
- Advertising model
- Retailer model.
When developing dating apps, many apps take into account different business models.
Choose Tech Stack
There are many technologies you can choose to power your app, but the primary purpose of your app requires scaling. What is the importance of this? Tinder uses MongoDB and NoSQL databases for matching people. As the app grows in popularity, it becomes more challenging to maintain MongoDB database performance. The following technology is available if you want to create a Tinder Clone.
- Programming languages:
- Java
- Kotlin
- Swift
- Database:
- MongoDB
- MySQL
- Cloud Storage:
- Amazon S3
- Frameworks:
- Node.js
- Express.js
- React Routers
- Payment Gateways
- Stripe
- PayPal
Choose a Development Team or Company
There are many options in the mobile app market. It would help if you considered different criteria when searching for an app development company or team. These are the parameters:
- Hourly rates for developers;
- Check out the Developers Portfolio or Development Company;
- Checking the details of previous clients;
- Learn about your development capabilities.
Select Features
To be loved by your target audience, feature-rich apps will require extensive UI/UX design. Advanced features are required for creating a Tinder clone. These features include:
Sign up for social media
Tinder’s social sign-up feature makes it easy for users to register themselves quickly. To register themselves with the platform, they can use manual login or their social accounts.
Login
To find the perfect partner, users can follow the simple login process. Users can access the platform using their social accounts or manually.
Profile Management
You can manage your profile, including details such as name and image. Users can modify, update, and delete their profiles.
Swipe like or dislike
Tinder clone allows users to swipe like and dislike other users before moving on. Users can also like or disapprove of others’ profiles based on their own experience.
Users can take advantage of many additional features while using the Tinder clone. Contact our team if you are interested in creating an app similar to Tinder.
Launch MVP
Once you have sought the assistance of a development company, you are ready to start the discovery phase. This phase includes clarifying project requirements, project prototyping, business goals, and project specifications.
What is the App Similar to Tinder Development Price? How long is it required?
One in five relationships starts online. Therefore, having an online presence with a dating app that offers many features is convenient and practical. In the past, families, friends, neighbors, and other people played an essential role in bringing together couples for a lifetime. Many brands have entered the dating industry in today’s highly competitive market. To offer a fresh experience, entrepreneurs have created an app for the dating industry.
Multiple rounds clock right in the one’s hand palm. People are often so busy working that asking for coffee from a colleague seems like a mission in space. Other days, Spotify and Netflix keep them entertained with their screens. Dating apps are an excellent option for people who don’t have the time or desire to meet new people. They also have the best model and help people find their perfect match.
You might now be curious about the cost of developing an app like Tinder. It depends on the technology and features you select for your mobility solution.
How To Grow Revenue Using Apps Like Tinder?
Online dating is expected to grow to approximately $2-billion. A dating app can be a great option. You might be wondering how you can make money from apps like Tinder. You can make a lot of money with dating apps.
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Dating apps are the best way to help people find love. Offering services make helps you make a lot of money. There are many ways to make money with dating apps such as Tinder and others. These include:
- Subscriptions;
- Advertisements;
- In-app purchases;
- Paid plans
Subscription
The user enjoys advanced benefits that aren’t available to freeloaders. The benefits of the dating apps are available to those who use the free version for a limited time.
It is essential to provide free access for those who wish to pay a fixed price. A subscription is a contract that has a fixed term. Users will have to pay for the subscription amount after the free trial ends. If users don’t subscribe, they will be able to enjoy the free access for a short time.
Advertisements
One of the most lucrative tinder revenue models is running ads. About 40,000,000 Americans use dating websites or apps regularly.
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You can therefore expect to get enough members for the app. You can also place ads between profiles to generate revenue.
In-App Purchases
Dating apps can offer in-app purchases just like other apps. Tinder offers the option to buy additional features to help users find their perfect match. To grant access to users, you can use a coin system.
Paid plans
It is a great way to find out how dating apps make money. Tinder has two plans available:
- Tinder gold;
- Tinder plus.
Tinder also allows you to plan. These plans look a lot like subscriptions. Once users have paid for the plan, they can continue using the app for more extended periods.
Ending Note
Creating a dating app such as Tinder can be a great option to help you grow your business. Mobile app development can be complex and requires significant experience and financial resources. White Label Fox can provide development support. Our development team will help you make your idea a reality for a reasonable price.