Nigeria’s Classes.ng launches Open Marketplace for Educational Classes
Nigeria-based Edtech startup Classes.ng has announced the launch of its free and open marketplace for classes, where freelance tutors, schools, universities, training institutions, and online institutions can list courses and programs that are instantly available for registrations and inquiries.
Classes.ng was launched in September 2020 with the aim of providing a platform where all kinds of classes can be listed to drive more organic traffic, and students, to the institutions and tutors listed on it.
Co-founder Daniel Osi speaking on the startup said that the startup does not charge commissions for being listed on the platform as it is totally free.
In his word “Unlike conventional on-demand tutoring platforms like Tuteria and PrepClass, we do not provide the training and we do not take commissions on bookings. It’s a totally free and open marketplace and we generate revenue mostly from traffic with only a select number of institutions benefitting from the commission model.
“On a few select institutions, based on agreement, we take a commission of between eight and 15 percent on each class booking. On others, we drive traffic for free and the ones who want to get more reach can pay for boosted posts and adverts. It’s primarily an ad-based model.
“We are currently operating in Nigeria but we have a global target, starting from Africa. We’ve currently purchased a couple of related and highly relevant domain names in preparation for scale”.
Classes.ng has been growing steadily since launch and is averaging 1,500 new users monthly and 10 inquiries daily.