Chinese A to Z - Language Learning Platform - Sell Project
Listed August 6, 2022
About Chinese A to Z - Language Learning Platform
The first Russian-speaking online academy for learning Chinese with tutors
(!РУССКОЕ ОПИСАНИЕ НАХОДИТСЯ НИЖЕ!) Currently, this is the only working online tool for learning Chinese in Russian, which has proven its effectiveness. Feedback from satisfied students can be found on the Youtube page: https://www.youtube.com/user/eagerbudilenko (the students are speaking Russian) Unlike all ineffective online simulators and useless mobile applications, this is the only Russian-language online tool, using which, everyone who is older than 12-13 years old can start from absolute zero to reach the HSK3 level (an average level of Chinese for foreigners with a vocabulary of more than 1000 words and grammatical constructions) by the LIVE learning lessons together with two tutors using a special methodology. The platform is built so that the student practices listening through a large number of audio exercises and files; writing while doing a lot of writing exercises; reading in written assignments; speaking, including with a teacher and using special know-how techniques; and does it in a comfortable way using a computer, tablet, mobile phone at their free time together with their main job. The platform provides materials for meetings with a tutor, as well as materials and exercises for self-practice after meetings with a teacher. HISTORY OF CREATION The idea of creating a platform came to me after 10 years of teaching Chinese. I talk about this in my webinar for students: https://youtu.be/6z5agBfaPiQ (it is in Russian) I have been developing the methodology and filling the platform for 2.5 years. To write the code, I found programmers from Armenia, as they offered the lowest price. But as a result, this greatly influenced the quality, since many bugs were made in the process of writing the code, which I had to constantly monitor and control their every step. MY MISTAKES After 1.5-2 years of development, I finally managed to start filling the platform, which took all of my time for 6-8 months, so I did not have time to think over a marketing strategy. As a result, when I entered the market with my MVP, my competence as a Chinese teacher was not enough to launch a successful startup business. And, since there was no money left to hire a professional promotion specialist, I began the process of a long search for an effective promotion channel. As a result, after finding 10-15 students, an active learning process began, which took all of my time for another 1 year, which distracted me from sales again. This was my main mistake: instead of entrusting sales and promotion to an experienced specialist, I began to deal with them myself, thinking that a good product would sell itself. Thus, jumping from sales to teaching back and forward, I have been moving for the last 3 years. And, surprisingly, the 90% of entire turnover that was made during last 2,5 years (which you can check in the files attached) was created by these 15-20 students, whom I found at the beginning. I tried to be everywhere and do everything myself, which is not the best idea for this business, which is why I was very tired of such a tedious and inefficient activity. But, since students have an LTV of several years with an average net income of $83 per month, I can only imagine how high this business can reach in the hands of an individual (or group of specialists) with experience in promotion, financial planning and hiring high-quality employees. That is why I decided that it was time for me to sell this business to someone who sees a future in the online Chinese learning market and who is not ready to spend years creating a learning system, but is looking for a teaching platform that has already been proven on real satisfied students. CURRENT STATE OF A PLATFORM Today, the entire platform is completely ready for use with minimal technical support from a technical specialist and an admin. I am ready to provide post-sales training on how to use the platform for as long as needed. If necessary, I could also continue to create additional teaching materials for advanced students being an employee. The platform is made entirely in Russian: all teaching materials, interface, exercise templates, training videos, dictionary. But if you see perspective not only in the Russian-speaking market and want to create an English version based on it, then it will take NOT 1.5 years and $30,000 to develop + 2 years to create the material, but instead about 6 months to translate all the materials into English and not more than $10,000. CLIENTS The duration of studying varies from 1.5 to 3 years, depending on the interest and tasks. At the moment, most of the students I have found are people over 24 years old, living in the former USSR, who are interested in oriental culture, have been abroad before, are interested in self-development and have an average income or above. The main interest of this age group: the opportunity to travel, new acquaintances, possible cooperation with China, the improving of memory. The most effective methods of getting new C...
Project details
Built with: Laravel/PHP,Symfony,node sockets,PHP
Website: https://a-chinese-z.com/
Video 1: https://youtu.be/6z5agBfaPiQ
For sale
Asking price: $35,000 USD
What's included
Domain name, Source code, All related data, All related design work, Email account
Reason for selling
I am selling this project because I am currently in need of money and would like to sell this project.
Project metrics
Average Monthly Visitors: Under 1K/mo
Average Monthly Revenue: Under $1K/mo