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While funding to dating firms was up in 2014, the size of the rounds is actually declining, according to data from Priv Co.And relatively small amounts of funding can't support the hefty marketing budgets needed to acquire more and more users, according to Evans.

A market segment should be: A market can be segmented by various bases, and industrial markets are segmented somewhat differently from consumer markets, as described below.

Rather than offer the same marketing mix to vastly different customers, market segmentation makes it possible for firms to tailor the marketing mix for specific target markets, thus better satisfying customer needs.

Not all elements of the marketing mix are necessarily changed from one segment to the next.

The founders declined Mark Cuban's million offer to buy the firm when they appeared on Shark Tank in January.

They think the app can eventually generate around 0 million a year, like Meanwhile, venture capitalists are leery of giving any one dating startup too much funding.

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