If something has been most revolutionized in the past two years then it would be a way of tutoring, shift from offline to online.
According to a research report by Global Market Insights, the global eLearning market is projected to exceed USD 375 billion in the next 5 years growing at over 8% CAGR between 2020 and 2026.
Entrepreneurship Opportunities in Online Tutoring Industry
This has opened plenty of opportunities for entrepreneurs in the online tutoring industry. Not just the existing institutions looking to go online but also new startups are looking to enter the market. Some of the well-known players of the tutoring industry are:-
Tutors are also preferring online tutoring platforms over traditional classrooms due to convenience and keeping themselves away from the pandemic. According to a post published in business insider, all over the US, teachers unions are signalling that they simply don’t want to teach in person until the pandemic is over.
Video Conferencing Software Like Zoom in High Demand
Video conferencing software like Zoom, Skype and Google meet etc have also come in high demand during the shift from offline to online tutoring.
Individual tutors have made most of the software to continue their private tutoring classes as students avoided going for private lessons due to lockdown restrictions and social distancing.
But not just the private tutoring lessons, these video conferencing software have the key role to play in online tutoring marketplaces as well. The online sessions in platforms are delivered through these video conferencing software integrated with them.
The integrated software helps to create an environment for collaborative online sessions.
Some of the key Features of Video conferencing Software like Zoom are:-
The features allow both tutors and students to collaborate from distant locations in real-time through video and audio conferencing.
The whiteboard is a real-time interactive tool that is commonly shared by tutors and students. It consists of tools such as a highlighter, pen, text and shapes.
The TextPad is a kind of online notepad that is used to make notes and contains text formatting features.
This functionality allows the tutors and students to share their screens which each have a few queries where a visual explanation is required.
This feature allows group sessions online. Students can book real-time sessions staying at different places and can have group discussions like in traditional classes.
This feature you can commonly find in software like Zoom where students can do screen recording to revise the session later on.
Launch Your Online Tutoring Platform With Video Conferencing Software Integrated
As we know the success of online tutoring platforms is highly dependent on video conferencing functionality. So for launching an online tutoring platform you either need to build video conferencing features from scratch or integrate with the APIs of this software.
You can also opt for a turnkey solution that can have these video conferencing API’s pre-integrated with them. There are many solutions available to choose from which video conferencing software like Zoom pre-integrated with them.
Yo!Coach is one of the examples which is pre-integrated with video conferencing APIs like Zoom, Cometchat and Lessonspace. The feature-rich solution is completely white-label and fully customizable if there is a need for extra features or functionality.
Some Other Must-Have Features of Online Tutoring Business
Conclusion
The online tutoring business is booming and offers a great opportunity for entrepreneurs and existing tutoring businesses to go online. Although entrepreneurs need to understand the importance of video conferencing software to conduct user-friendly sessions on their platform.
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