You have the opportunity to sell an online educational service under your own brand name and make a steady passive income! The management company will take on technical support. Teachbase has been in the market for over 5 years and about 200 000 people have completed courses using this platform!
Launch your own online educational platform on the basis of Teachbase!
The company Internet Shkola has been working in the market of online education for over 5 years. The main result of its hard work is the product Teachbase. It’s one of the best solutions for distance learning in Russia. The service helps ordinary entrepreneurs to solve the problem of training their employees. To start using the service a simple registration on the website will be enough.
What is Teachbase?
About 1 500 companies and institutions from Russia and neighbouring countries use the services of Teachbase to train their employees from around the globe. Among the company’s customers are such companies as Puma, RusHydro, Kimberly Klark, Ministry of Energy of the Russian Federation, Moscow State University and others. Approximately 200 000 people have completed courses using the platform Teachbase. Offer the service Teachbase in your city under your own brand name! The management company makes about 9 000 Rubles from every customer in Russia (£182, if we base calculations on the Big Mac Index)*. Teachbase has a lot of customers. Your client base can be large as well. It all depends on your effort!
The company INVITRO uses Teachbase to train its 3 000 employees all over Russia
With Teachbase, companies can train sales managers, provide courses for new employees, test the work of various branches, create a knowledge base. They can work both with customers and their business partners by offering webinars, and online courses. They can provide certificates and training to customers. Course contents can be provided in ppt, pdf, video, MS Office formats. Participants can take training using a computer or mobile devices. Course creators can monitor the progress of participants online using reports and statistics. The platform can train from 5 to 55 000 people at a time!
Also, any individual or a company can open their own online school using Teachbase. They can offer courses on their website, come up with a unique design using their company name and logo, monitor students and make profit. All of these features are aimed to increase your earnings.
Course owner monitors the progress of their students online
Launch your own online educational platform on the basis of Teachbase!
The product is ready to use and is in demand among both small businesses and large international companies. Create your own brand and launch your own business on the basis of Teachbase. You main tasks will be finding potential customers, presenting the platform to them and concluding agreements. The management company will make sure that the system functions well and is up-to-date. You won’t need to rent a space and there are almost no investments. Every customer will be paying you a monthly fee. They’ll be the source of your passive income! The product is in demand among all kinds of companies and institutions. The target audience is immense!
With Teachbase business owners can teach their employees and customers
The management company will arrange dealer training for you using the platform Teachbase. This way you will learn how to run the business and get to know the product at the same time! Apart from the product itself and the study materials, you will get samples of advertising materials and a documentation set. The management company will also arrange technical support. The software, the package contents and the support are provided in English.
A fast effective and inexpensive employee training will guarantee successful development of any business. Offer a great distance learning solution to the companies in your city at a reasonable price! The management company makes about 9 000 Rubles from every customer in Russia (£182, if we base calculations on the Big Mac Index)*. Teachbase has a lot of customers. Your client base can be large as well. It all depends on your effort!
Next to profits calculation!
*Whether or not your business is successful depends on your own hard work. The price provided in GBP reflects the date when the calculations were made as well as the relevant Big Mac Index.
Prices in Russia and in the UK differ. For you to understand the potential of the business we used the Big Mac Index in our calculations (the cost of a Big Mac). A Big Mac consists of a number of goods (bread, cheese, meat and vegetables) so it could be considered a clear reflection of the national economy. Of course, it’s not the best way of comparing the pricing in different countries but it can give you a general idea.
As of January 2017 a Big Mac costs £1.78 in Russia and £2.99 in the UK. The difference equals 42.3%. This is why Bonplan raises the cost of Russian services for the UK by 42.3%.
Judging by the operation of Teachbase in Russia, after 4* months of running the business a dealer will provide their services to 40* customers a month (once they approach about 100 potential customers). On average, every customer pays 9 000 Rubles a month (£182, if we base calculations on the Big Mac Index*). If you land 40* customers, your profits should amount to £7 280*, considering the Big Mac Index. Bear in mind that you’ll be able to set prices for your customers yourself. You may want to set a higher price for your services in the UK. It’s up to you.
* Results are not guaranteed and depend on your hard work.
Important: we don’t take into account the number of small business for every 1000 people. However, this criterion is much higher in the UK than it is in Russia, which signifies a greater potential of the business.
Your expenses will include a service fee to the management company (35% from proceeds), office rent, payroll, taxes. If you will be working on your own, you can exclude rental and payroll expenses from the list. However, there may be other expenses that you will have to take care of.
IMPORTANT! The cost of the package and all calculations are approximate. For your convenience all figures are provided in the GBP according to the currency exchange rates at the day of publication of this information. Real calculations will be made in the US Dollars according to the currency exchange rates that will be relevant at the day of the transaction.
How to start next
The calculations are based on the data received from the management company. The provided data does not guarantee the success of your business. It is always up to you to make your business successful.
In order to begin our collaboration, we have to sign the agreement first. Within a week after the payment for the starting package your training will begin. You will receive the contents of the starting package at the same time. Afterwards, you’ll be able to launch the business.
The contents of the starting package (from £ 2 500):
Right to conduct the SaaS business.
Study materials in digital format required for the operation of the SaaS business.
Layouts of advertising materials in digital format.
Documentation set in digital format: commercial proposals, agreement forms, guidelines.
Connection to SaaS as a Dealer and access to a personal online account necessary for conducting the SaaS business.
Interview with the founder of the project Teachbase, Vladimir Shcherbakov
+44 2070 437 177 (London, the UK)
Business updates on microblog next
Vladimir Shcherbakov talks about the online platform Teachbase which helps companies to organize distance learning sessions for their employees. With Teachbase various online courses, webinars and tests can be arranged. This platform is suitable for study centres (online schools). Teachbase allows to share any knowledge online.
The system is popular in Russia as well as in Belarus, Kazakhstan and Ukraine. According to Vladimir, in the last six months the company’s client base has grown twice. The market is growing and Teachbase is growing together with it. The company has been constantly improving its product for the last 5 years. Among its customers are such companies as Puma, RusHydro and Kimberly Klark. Since all courses are launched through a Russian hosting, one of the main advantages of the company is its cost effectiveness.
The platform is available in Russian and English. At the request of a customer it can be translated into a different language within 2-3 weeks.
Vladimir points out that dealers will be trained using the system Teachbase, which will allow them to learn how to make sales as well as study how our platform works. Every dealer will receive a list of successful cases and technical support. Sales will be their main goal.
The interview is taken by Damir Yabbarov.
Back to entries list