teachr continues to innovate and provide new ways for tutors to monetize their knowledge and for learners to appreciate their tutors. The latest addition to the teachr platform is the “Pay What You Want” and “Make a Tip” feature. This new function is designed to give learners the flexibility to pay what they feel the course is worth and to allow them to tip their tutors in the beginning and at the end of the course.
What is “Pay What You Want”?
The “Pay What You Want” feature is a flexible payment model where learners can choose the amount they wish to pay for a course. The minimum amount is set at 0.50$ or €, ensuring that tutors are compensated for their efforts. This feature is designed to empower learners and give them a sense of ownership over their learning journey.
What is “Make a Tip”?
The “Make a Tip” feature, on the other hand is now activated for all courses, allows learners to give a tip to their tutors at the end of the course. This is a great way for learners to show their appreciation for the tutor’s efforts and the value they received from the course.
Why “Pay What You Want” and “Make a Tip”?
Studies have shown that users who purchase online courses tend to pay almost the preset price or sometimes more when they appreciate the author. This shows that learners value the knowledge they gain from these courses and are willing to pay for it. The “Pay What You Want” and “Get a Tip” features tap into this trend, providing an avenue for learners to express their appreciation in monetary terms.
In addition, course prices in high-income countries are sometimes equivalent to an entire month’s salary in low-income countries. As a tutor, you can use this to decide if you want to let the participants set their own course price. If they decide to pay more at the end of the course, they can give you an extra tip.
How to Use “Pay What You Want” and “Make a Tip”?
To use these features, tutors need an active subscription (either moon or mars) and need to have Stripe connected. This ensures a seamless and secure transaction between the tutor and the learner.
Go to your course and click on “Manage payment settings”.
If not already connected, connect your Stripe account or create a new one in just 10 minutes. Activate “Pay what you want” and set a price as preset amount.
You can make a test payment to see if everything works smoothly.
That’s all! The “Pay What You Want” and “Make a Tip” features are innovative ways for tutors to monetize their courses and for learners to show their appreciation. They reflect teachr’s commitment to providing a flexible and user-friendly platform for online learning. So, whether you’re a tutor looking to share your knowledge or a learner eager to gain new skills, teachr has got you covered.