Tinder’s pricing algorithm can charge users up to 5x more for same service
foundation.mozilla.org
Tinder’s pricing algorithm can charge users up to 5x more for same service
1–10 of 174 posts
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#2Tinder is basically 5/100 guys getting all the matches per 90/100 women.
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#3Of course, also Tinder's profit is directly dependant on you not finding a partner, so you continue to use their service.
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#4Tinder is basically 5/100 guys getting all the matches per 90/100 women.
I believe old OkCupid data (which has since been deleted from their blog) found exactly this.
In short, males looking for females are very even in their rating of women along a bell curve. Females looking for males heavily skew towards the top 20% of males, while considering the bottom 80% "below average".
Tinder, and every other dating app, absolutely take advantage of this deep truth of human psychology and milk the bottom echelon of desperate men for every penny they can.
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#5Does paying for plus even make a difference?
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#6Disclaimer: I think Tinder is a rent-extracting garbage app, BUT, philosophically speaking, why is dynamic pricing unfair? If the algorithm detects that based on your biography, location and usage patterns, you would keep using this service even if it charged you 5x as much, isn't that just the market becoming more efficient?
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#7Does paying for plus even make a difference?
You get to see people who have "liked" you, so you can like them back directly. For guys, who generally get *nowhere near* the number of likes as women, this can help them find people that actually want to meet them.
Or, they could use one of those automated finger-swiping things, like some guys tend to do.
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#8Not a Tinder user or investor, but this makes me curious. Why is it okay for insurance companies to sell me products with hyper-personalized pricing (often based on sex, age, and race), but it's not okay for Tinder or other tech companies to do so?
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#9Tinder is basically 5/100 guys getting all the matches per 90/100 women.
I believe old OkCupid data (which has since been deleted from their blog) found exactly this. In short, males looking for females are very even in their rating of women along a bell curve. Females looking for males heavily skew towards the top 20% of males, while considering the bottom 80% "below average". Tinder, and every other dating app, absolutely take advantage of this deep truth of human psychology and milk th…
Yeah, basically they make you pay to tip the odds so in your favor that you might overcome that terrible ratio I quoted
Re: Tinder’s pricing algorithm can charge users up to 5x more for same service
#10Disclaimer: I think Tinder is a rent-extracting garbage app, BUT, philosophically speaking, why is dynamic pricing unfair? If the algorithm detects that based on your biography, location and usage patterns, you would keep using this service even if it charged you 5x as much, isn't that just the market becoming more efficient?
> market becoming more efficient
You mean a company becoming more efficient at extracting money from their un-informed customers. A company finding new ways to leverage their market power, position, and information asymmetry.