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]]> Comment on Camlink on NextNYers by Ilya http://blog.camlink.com/2008/02/18/camlink-on-nextnyers/comment-page-1/#comment-4 Ilya Wed, 20 Feb 2008 07:10:02 +0000 http://blog.camlink.com/2008/02/18/camlink-on-nextnyers/#comment-4 This interview raised the question regarding the play of market research for web startups. Hank Williams posted two blogs, which I have to mostly agree with: http://whydoeseverythingsuck.com/2008/02/who-needs-market-research.html http://www.alleyinsider.com/2008/2/williams__market_research_is_for_suckers_ Market Research gives you details on the market size, growth, churn etc, but not whether a particular new service will succeed. That market study may be conducted, but that's financially not within reach of any startup's budget. It not really worth it anyways - as it's the execution, marketing and adaptability that really deliver the result. We have used the following reports in creating the business model, some features and financial projections to guide us: VIZU Online Dating Perceptions (May 2007) PEW Internet: Online Dating (March 2006) Market numbers from JupiterResearch These specific studies talked about the current online dating market - not Online Speed Dating. I personally believe that most concepts that occur in the real world can be duplicated online; it's just a matter of time for technology and costs to catch-up. Examples: shopping, social relationships, entertainment etc. Poker, speed dating fall into this bucket. Just like online dating may not be for everyone, neither will online speed dating - but I'm confident that will create a market for itself as the user benefits are obvious. And over the next 2-3 years as webcams become as standard as speakers and nic cards, video will need to be integrated into online dating - and Online Speed Dating is that venue! This interview raised the question regarding the play of market research for web startups. Hank Williams posted two blogs, which I have to mostly agree with:
http://whydoeseverythingsuck.com/2008/02/who-needs-market-research.html
http://www.alleyinsider.com/2008/2/williams__market_research_is_for_suckers_
Market Research gives you details on the market size, growth, churn etc, but not whether a particular new service will succeed. That market study may be conducted, but that’s financially not within reach of any startup’s budget. It not really worth it anyways – as it’s the execution, marketing and adaptability that really deliver the result. We have used the following reports in creating the business model, some features and financial projections to guide us:
VIZU Online Dating Perceptions (May 2007)
PEW Internet: Online Dating (March 2006)
Market numbers from JupiterResearch
These specific studies talked about the current online dating market – not Online Speed Dating.
I personally believe that most concepts that occur in the real world can be duplicated online; it’s just a matter of time for technology and costs to catch-up. Examples: shopping, social relationships, entertainment etc. Poker, speed dating fall into this bucket.
Just like online dating may not be for everyone, neither will online speed dating – but I’m confident that will create a market for itself as the user benefits are obvious. And over the next 2-3 years as webcams become as standard as speakers and nic cards, video will need to be integrated into online dating – and Online Speed Dating is that venue!

]]> Comment on NY Video 2.0 by Peter Verkooijen http://blog.camlink.com/2008/01/29/ny-video-20/comment-page-1/#comment-2 Peter Verkooijen Mon, 18 Feb 2008 19:58:21 +0000 http://blog.camlink.com/2008/01/29/ny-video-20/#comment-2 thanks for the mention :-) thanks for the mention :-)

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