Preply Business Model: How Does Preply Works?

Preply is an online marketplace that connects students with private tutors from around the world.

The platform offers a wide range of subjects, including language learning, academic tutoring, music, and art lessons. Students can search for tutors based on their location, availability, and price and can then schedule and pay for lessons directly through the platform.

Preply also offers a range of features to support learning, including video conferencing, a virtual whiteboard, and a messaging system to communicate with tutors.

The Business Model Of Preply

Preply is an online platform that connects learners with qualified tutors for one-on-one language and academic lessons. The business model of Preply is based on a commission-based revenue model, where the platform charges a commission on the fees earned by tutors.

By providing a convenient and reliable language and academic learning platform, Preply enables tutors to expand their reach and income while providing learners access to a wide range of qualified teachers. The commission-based revenue model incentivizes Preply to provide high-quality customer support and to attract and retain top-quality tutors to the platform.

Here’s how it works:

• Tutors sign up for Preply and create a profile, including their qualifications, teaching experience, and hourly rates.
• Learners search for tutors on the Preply platform and can filter results by language, subject, price, and availability.
• Learners can view tutor profiles, read reviews from previous students, and message tutors to discuss their learning needs before booking a lesson.
• Once learners decide to book a lesson, they choose a time and date that works for them and pay for the lesson through the Preply platform.
• Tutors conduct the lessons via video chat on the Preply platform.
• Preply charges a commission on the tutor’s fee, which ranges from 18% to 33%, depending on the tutor’s earnings and experience level.
• Preply handles all payments between the student and the tutor. Students pay for lessons upfront, and Preply holds onto the funds until the lesson has taken place. If the student is satisfied with the lesson, Preply releases the funds to the tutor. If not, the student can request a refund.
• Preply provides customer support to both learners and tutors and handles payment processing and dispute resolution.

How Can Tutors Make Money On Preply?

Preply is an online tutoring platform that connects students with tutors for one-on-one language and academic lessons. Tutors can earn money on Preply by providing their services to students.

Overall, tutors can make money on Preply by providing high-quality tutoring services, creating a detailed profile, setting their own rates and schedule, and offering trial lessons to attract new clients.

Let’s explore some of the effective ways by which tutors can make money on Preply:

1. Set their own hourly rate

Tutors can set their own hourly rate for their services, which can range from $5 to $100 per hour. Tutors can adjust their rates based on their level of experience, the subject they are teaching, and the demand for their services.

2. Teach a variety of subjects

Preply offers tutoring services for a wide range of subjects, including languages, math, science, music, and more. Depending on their expertise, tutors can choose to teach one or multiple subjects.

3. Create a detailed profile

Tutors can create a detailed profile on Preply highlighting their qualifications, teaching experience, and skills. A detailed profile can help tutors attract more students and earn more money.

4. Set their own schedule

Tutors can set their own schedule on Preply, allowing them to work when they want and take time off when needed. Tutors can also choose to work with students in different time zones, which can increase their earning potential.

5. Offer trial lessons

Tutors can offer trial lessons to new students, which can help them attract more clients and earn more money. Trial lessons allow students to try out the tutor’s services before committing to a full session.

Tips For Language Teachers To Excel On Preply

Start by creating a complete and attractive profile on Preply. Your profile is your first impression of potential students. Make sure it’s complete, informative, and showcases your teaching experience, qualifications, and teaching approach. You can also include a video introduction to help you stand out.

Preply rewards teachers who are responsive to students’ inquiries and booking requests. So it is important to promptly respond to any queries or requests from prospects.

Another way to attract potential students on Preply is to offer a free trial lesson is a great way to attract potential students and showcase your teaching style. It also helps students decide if you are the right teacher for them.

Here are some more quick tips to excel as a language expert on Preply:

• Set reasonable tutoring rates that match your value and are competitive.
• Be flexible with your schedule and offer multiple time slots to accommodate students from different time zones.
• Prepare well for your lessons and have a structured approach. This will help you deliver a quality lesson and help students achieve their learning goals.
• Provide feedback to your students after each lesson. This will help them understand their strengths and weaknesses and work on areas that need improvement.
• Keep learning and improving your teaching skills.
• Be patient, empathetic, and supportive to help them overcome their difficulties and achieve their goals.

Related: Tips To Make Students More Engaged In A Classroom

Is Preply Good For Language Tutors: Pros And Cons

Preply is an online platform that connects students with private tutors for a variety of subjects, including languages, academic subjects, and test preparation.

Overall, Preply has a good reputation among users, with many students reporting positive experiences with their tutors. Preply offers a wide range of tutors to choose from, and its platform is user-friendly and easy to navigate.

However, like any platform, Preply has its drawbacks. Some students have reported difficulty finding high-quality tutors, while others have had issues with scheduling and cancellations. Additionally, lessons can be expensive, depending on the subject and the tutor’s experience level.

Ultimately, whether Preply is a good choice for you will depend on your specific needs and preferences. It may be worth trying out a few different tutors to find one that fits your learning style and budget.

Pros

• Variety of tutors: Preply has a large pool of tutors from different parts of the world so that students can choose a tutor based on their language proficiency, teaching style, and availability.
• Flexibility: Students can schedule lessons with their tutor at a time that works best for them, which makes it convenient for people with busy schedules.
• Personalized learning: Preply’s one-on-one lessons allow tutors to focus on the student’s individual needs and learning style, which can result in a more effective and personalized learning experience.
• Affordable: Preply offers competitive pricing for its lessons, and students can choose tutors at different price points to fit their budget.

Cons

• Quality control: While Preply has a system in place for vetting tutors, it’s up to the student to determine the quality of the tutor’s teaching skills and expertise.
• Language barriers: Some tutors may not be fluent in English or their teaching language, which can make communication and learning difficultly.
• Technical issues: Technical issues such as poor internet connectivity or software problems can disrupt lessons and affect the learning experience.
• Limited availability: Preply’s tutors may have limited availability, especially for popular subjects or languages, which can make it challenging to find a tutor at a convenient time.

What Is A Good Alternative To Preply?

Now that you know there are several disadvantages associated with Preply, what is a good alternative to the platform? The best bet is to build a language learning platform of your own using a readymade script or tutoring management software.

If you are looking for software recommendations, Pinlearn can be the right choice to build a language learning marketplace to connect students with language teachers.

Conclusion

Overall, Preply can be an excellent resource for both teachers and students who want to teach and learn a language. When working on Preply, it is important to research your target audience, offer your expert subject and ensure a positive learning experience.

Read Also:

• The Tough Decision Every Parent Must Make: Daycare Or Stay-At-Home?
• How to Positively Influence Children with Special Needs?
• Essential Data To Learn About Autodesk CAD Software