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Online matrimony revenues to double by 2007: IAMAI Study
 

Indiantelevision.com Team

(26 July 2006 8:00 pm)

 

BANGALORE: "Online matrimonial search services have sky rocketed in the last two years and matrimonial websites are continuing on the path of high trajectory growth garnering Rs 580 million in 2005-06 and expecting to cross Rs 980 million in 2006-07. There has been a surge in users from 4 million in 2004-05 to 5.5 million in 2005-06 and is estimated to grow to 7 million users by 2006-07," an official release from The Internet & Mobile Association of India (IAMAI) quotes the founder-CEO of BharatMatrimony.com Murugavel Janankiraman. IAMAI was unveiling the results of a study it undertook to track the demographics of the online matrimonial match seekers as well as parallel online activities.

"A single important reason for this growth in the last one year can be attributed to the growing social acceptance which has been fuelled by pure play Internet Companies having offline centres spread across more than 50 cities, where not so savvy consumers are aided by executives to subscribe to multiple services as well as search the existing database first hand," Janankiraman further adds.

Commenting on the study, IAMAI and chairman & People Group (Shaadi.com) MD Anupam Mittal had this to say: "The online matrimonial services business has been experiencing significant growth over the last few years on the back of a strong Indian diaspora. Over the next two years we are expected to see over 50 per cent growth in this segment driven largely by the need for a convenient matchmaking solution that works, the increased Internet penetration in India , as well as the demographic profile of India - almost 65 per cent of our population is under 35 years of age. One of the key drivers of this industry is that unlike traditional matchmaking solution, online matrimonial takes away geographical and spatial limitations and provides a platform to meet potential partners on a secure and private platform."

Sanjeev Bikhchandani, Founder and CEO of InfoEdge, which manages Jeevansathi.com, estimates the market size to reach 70-75 crores in 2006-2007 up from 50 last year. According to him the number of unique profiles added each year is in the region of 2 -2.5 million.

Commenting on the release of this study which primarily tracked the demographics of users, IAMAI president Dr. Subho Ray said, "The most significant find was that 31 per cent of the users are women indicating that the gender divide is significantly lower in case of matrimony sites." He added, "These websites offer a number of additional services such as mobile alerts, horoscopes in several Indian languages, reference checks on a NRI groom / bride etc. Popular websites also assure authenticity through profile screening and other convenient tools such as a digital horoscope and a messenger and email service so members can get acquainted. Other services on offer include beauty, style and health tips, trousseau planning and venue options. Even honeymoon and travel plans! All these features add up to them becoming an end-to-end solution provider."

Key Highlights:

Demographic Profile:

Age: 37 per cent of the respondents who use the Internet for Matrimonial Search are in the 18-25 age group, 52 per cent are in the 26-35 age group, 11 per cent are in the 36-45 age group, 9 per cent are in the 46-60 age group and 2 per cent above 61 years.

Gender: 69 per cent of the respondents who use the Internet for Matrimonial Search are Male and 31 per cent are Female.

Educational Qualification: 4 per cent of respondents who use the Internet for Matrimonial Search have an education up to SSC/HSC, 13 per cent have some college experience (including a Diploma) but not a graduate, 44 per cent are Graduate / Post-Graduate General (BA, BSC. MSC, B.com etc.), 35 per cent are Graduate / Post Graduate in the professional realm and 4 per cent mentioned 'other' qualification than options given.

Occupation : 8 per cent of respondents who use the Internet for Matrimonial Search are Students, 4 per cent are Clerical/Salespersons, 10 per cent are Officers and Supervisors, 12 per cent are Junior Executives, 22 per cent are Mid Level Executives, 10 per cent are Senior Executives, 12 per cent are Self Employed Professionals, 5 per cent are Business Men/Industrialists, 1 per cent are Skilled/Unskilled, 2 per cent are Housewives and 2 per cent are Retired.

Vehicle Ownership: 25 per cent of respondents own a car / 4-wheeler, 38 per cent own a motorbike, 21 per cent own a scooter and 33 per cent do not any vehicle.

Credit Ownership and Usage: 78 per cent of respondents who use the Internet for Matrimonial Search own an ATM Card, 42 per cent own a Credit Card and 57 per cent own a Debit Card. 20 per cent of the respondents who use the Internet for Matrimonial Search have used a credit card online before, 17 per cent have used a debit card before and 17 per cent have used a Credit and Debit Card before.

Internet Access: 52 per cent of respondents who use the Internet for Matrimonial Search access the Internet from Home, 58 per cent access the Internet from Office, and 44 per cent access the Internet from a Cyber Cafe, 8 per cent from a friend's place and 9 per cent from a mobile phone.

Internet Usage by Number of Years: 38 per cent of respondents who use the Internet for Matrimonial Search have used the Internet for more than 6 years, 47 per cent for 3-5 years, 9 per cent for 1-2years, 4 per cent for 6-11 months and 1 per cent for less than six months.

Internet Usage by Hours Per Week: 30 per cent of Users who use the Internet for Matrimonial Search use the Internet for more than 21 hours a week, 24 per cent use the Internet for 11-20 hours a week, 23 per cent use the Internet for 5-10 hours and 16 per cent for up to 5 hours a week.

Geographical Representation:

States: 25 per cent of respondents who use the Internet for Matrimonial Purposes access the Internet from Maharashtra , 16 per cent from Delhi, 12 per cent are from Tamil Nadu, 7 per cent from Karnataka; and 6 per cent from West Bengal and Uttar Pradesh. 5 per cent are from Madhya Pradesh, 4 per cent from Kerala; 3 per cent from Andhra Pradesh and Gujarat, 2 per cent from Assam, Bihar and Rajasthan and 1 per cent are from Chandigarh, Haryana, Jharkhand, Pondicherry and Punjab.

Cities: 17 per cent of the respondents who use the Internet for Matrimonial related activities are from Mumbai and 16 per cent from Delhi . 6 per cent are from Chennai, 6 per cent from Kolkatta, 5 per cent from Bangalore , 3 per cent from Pune and Lucknow , 2 per cent from Ahmedabad, Hyderabad, Cochin and Indore, and 1 per cent from Vadodara, Bhopal, Chandigarh, Guwahati, Jaipur, Kanpur, Nagpur, Patna and Thiruvanthapuram. 28 per cent come from 'Other Cities' outside of these cities dismissing the notion that the Internet is metro specific.

Online Activities of Users who use the Internet for Matrimonial Search:

1) Email: 98 per cent use the Internet for Email.

2) Chatting: 63 per cent use the Internet for Chatting.

3) Surfing: 75 per cent use the Internet for Surfing.

4) Search: 69 per cent of Online Matrimonial Search Users also use Search Engines.

5) Research: 33 per cent also use the Internet for Research.

6) News Online: 59 per cent use the Internet to look up news online.

7) News on Mobile: 19 per cent look up news on their mobile.

8) Jobs: 66 per cent also use the Internet for "Job Search".

9) Astrology: 41 per cent use the Internet for Astrological Predictions

10) Religious & Spiritual Information: 24 per cent also use the Internet for Spiritual Information.

Online Transactional Activities (Financial)

1) Online Auctions: 20 per cent participate in Online Auctions

2) Online Stock Trading : 19 per cent do Online Stock Trading.

3) Online Bill Payments: 25 per cent use Online Bill Payments Services.

4) Online Banking: 41 per cent use the Internet for Online Banking.

5) Online Shopping: 34 per cent use the Internet for Online Shopping.

6) Donating or Charity Online: 5 per cent also use the Internet for Donating to charities online.


Average time spent by visitors on matrimonial searches is 23 minutes
Average time spent by subscribers on matrimonial searches is 36 minutes

Online Matrimonial Activities by Gender of New Subscribers - Mar 2006

Browsed more than 3 profiles
Male - 88 per cent
Female - 66 per cent

Posted a profile
Male - 67 per cent
Female - 38 per cent

Responded to a profile
Male - 47 per cent
Female - 22 per cent

Paid to access site
Male - 11 per cent
Female - 4 per cent

Motivations for using online matrimonial sites - Mar 2006

As an exclusive match making medium
Male - 41 per cent
Female - 28 per cent

As an supplementary match making medium
Male - 52 per cent
Female - 57 per cent

 
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