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If we did that, we'd have to charge $100/match. That's why we have Premium - it's a higher price point for a guaranteed date. But in order to personally match p
by laurenkay 12y ago
If we did that, we'd have to charge $100/match. That's why we have Premium - it's a higher price point for a guaranteed date. But in order to personally match people and provide great customer service, you can't guarantee a date for $20. At least not yet, unfortunately.
- shkkmo 12y agoThat $100 pricing doesn't make sense to me. $20x2 per match is your baseline income per match here which I assume covers your costs. 1st try gets rejected, $20 bucks from the rejecter 2nd try gets rejected, $20 bucks from the rejecter 2rd try gets rejected, $20 bucks from the rejecter So $60 a month should cover it, assuming that you have a 100% rejection rate. $35 (.5 x 20 + .25 x 40 + .25 x 60) a month should cover it if you have a 50% rejection rate. So assuming you have a 50% or less rejection rate, I would pay $35 a month for at-least a 7/8 chance of meeting someone every month.
- shkkmo 12y agoUsing a similar formula, $100/match to provide a guaranteed date would mean that your rejection rate is about 83%. Estimated using this forumula: (5 = x^1 + x^2 + ... x^n) and solving for x as the probability of rejection. I used an n of 29 for the estimate.
- csdrane 12y agoHow'd you derive that formula?
- shkkmo 12y agoPoorly, I apparently missed the first term of X^0 $100 = expected cost of matches $20 = cost on this side per match X = probability of rejection (which leads expected cost = cost of first match times probablity it is needed plus cost of second match times probability it is needed... plus cost of nth match times probability it is needed. 100 = 20x^0 + 20x + 20x^2...20x^n 5 = x^0 + x^1 ... x^n The actual number is more like 72% :/