Over the past two weeks more than $400 million have been invested in EdTech companies for online tutoring in three continents.
The message they are strongly promoting is to lower the prices in order to gain market share.
How can a teacher compete with someone offering English classes at 5€/hour?
In a business where your own hours are the only asset you can offer, there is no chance that by increasing the price per hour you manage to get the ends meet.
In an industry where you have to compete in the two parameters, hours (limited) and price (low), the only chance to stay in business and make a living from this wonderful profession is to think outside the box.
How can I increase my rate per hour in a market that puts pressure to lower the prices?
How can I turn my limited hours into unlimited?
If we use only our limited resources, we are done!
If we offer classes globally, it would be logical to think that thousands of students have very similar levels and learning needs. With technology, we have created a system of identifying them and allowing them to easily self-group themselves into groups of 3.
That way, you would be helping yourself, helping another teacher and the benefit stays within both of you: the teacher that puts their time and the teacher that puts the student. No intermediation. It is a win-win situation for the two teachers. Oxinity provides the infrastructure for that to happen, but the benefit stays within both of you, the teachers.
And the more we grow in teachers worldwide, the more you grow in hours.
THIS IS HOW YOU ACHIEVE UNLIMITED HOURS.
Do you remember traditional offline classes? We could easily break them down into two parts: the part that the teachers are actively working and the part that only the students are "working" (or often chatting).
In the first part, the teacher is indispensable, actively managing the student's talking time. In the second part, both students and teachers wait for the answer. Why pay for waiting?
With technology the second part can be automated. That's how students can pay only for half of the time with a teacher and therefore we can offer the same class for half the price. But this time, this won’t affect you.
Students only pay the actual teacher time but they get the whole practice: the one with a teacher and the one on the platform.
By encapsulating in an app what doesn't require a teacher, you can compete in price and increase your rate per hour.
THIS IS HOW YOU ACHIEVE HIGHER RATE PER HOUR.
You guys are the only ones who can beat the system today. Freelance teachers out there are not even thinking about what we've been debating for many weeks now. There is no one offering an alternative to them. You are a step ahead of the rest of your peers in knowing where the market is heading. Therefore you can beat the market.
Knowing that you are one of the few teachers who actually have an opportunity to get what you deserve, let me ask you once again: ARE YOU GOING TO ALLOW THAT THE BIG GUYS STEAL YOUR BUSINESS?
Our commitment is to give you any possible support you need to beat the market!
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