How to Build a Website Like LRNKEY

The online tutoring industry is growing rapidly and is estimated to reach $11.7 billion by 2032, growing at a CAGR of 14% in the forecast period 2023-32. This surge in demand is driven by the flexibility, convenience, and cost-effectiveness of online tutoring platforms. Considering this high demand, many education entrepreneurs are entering this lucrative industry by launching their online tutoring platforms. 

One such popular online tutoring website LRNKEY has successfully entered this industry and is effectively providing online tutoring services to learners in diverse fields. Creating a similar website like LRNKEY can open numerous opportunities for budding entrepreneurs and start-ups. However, to build your own website you should get proper information and guidance. 

In this blog, we provide you with complete details about LRNKEY, how it works, its features, its revenue model, its entrepreneurial journey, and how you can build a website like LRNKEY.

Let’s begin by knowing about LRNKEY first. 

What is LRNKEY?

LRNKEY is a global online tutoring platform that connects learners with expert tutors and instructors. This online tutoring marketplace focuses on 25+ subject areas. It provides the most proficient private one-on-one online tutoring experience. Learners can take sessions in multiple fields including languages, knitting, coding, crafts, music, and others.  

Success Journey Of LRNKEY

This Canada-based online tutoring platform was founded in 2019 by Hayro Hambardzumyan. The seed of LRNKEY was planted back in the days when he moved to Canada from Armenia and was looking for a French tutor for his children. He realized that because of the geographical limitations, it was difficult to find an affordable French teacher. 

This is where the idea of building an online learning website kicked in. They launched the LRNKEY with the vision to close the gap between learners and teachers through real-time interactive sessions and provide affordable education. Since its launch, so many learners have been using LRNKEY for their diverse online learning needs and 900+ tutors are providing their teaching services through this platform. 

• Total number of users – 10795
• Lessons given around the world – 2471
• Total number of subjects taught – 431

How Does LRNKEY Work?

It’s very crucial to understand the individual user workflow of an online tutoring platform to gain a deep understanding of how it actually works. Let’s know about the workflow of different user types on LRNKEY.

For Students

Step 1: Search for the tutor according to your need

Students share their queries in the search box by typing the subject or any keyword related to their requirements. 

Step 2: Choose the tutor after careful consideration

Students watch an intro video from the instructors to learn more about the courses offered by them. Further, they can explore the reviews shared by the students. They can also have a look at the tutor’s detailed profile. After careful consideration, they choose the tutor that best fits their learning needs. 

Step 3: Book your lesson with ease

After deciding on the tutors, learners sign in by filling in their credentials. Further, they book and schedule their lessons at a time that suits their availability. Learners can either book a free lesson first or book paid lesson as offered by the tutor. 

Step 4: Attend live video sessions at your convenience

After confirmation, learners connect with tutors via video chat application and begin their learning journey. 

For Teachers 

Step 1: Provide required information and important details 

Tutors interested in joining LRNKEY can start by providing information such as email address, name, phone number, and more and create a profile. They should also upload high-quality profile photos with single-color backgrounds. 

Step 2: Upload other important information on the platform

Next, tutors need to upload their introduction video, state their work experience, and should also add any achievements. They should make their profile engaging to attract more students. 

Step 3: Select the skills  and add tutor fees you want to charge your students

Further, tutors need to select the subject and skills they want to teach on the platform and add their pricing per hour. 

Step 4: Teach and earn from the comfort of your home

Tutors can now start teaching and earning. After successful completion of the sessions, LRNKEY credits their share which tutors can withdraw through PayPal or Payoneer.  

Admin Roles For A Platform Like LRNKEY

• Admin/platform owner is responsible for managing all the operations of the platform.
• Management of all users on the platform. 
• The commission fee that is charged from tutors is decided by the admin. 
• Handling content, theme, branding, and marketing of the platform.
• Analyzing financial reports, managing session order requests, and more. 

This was the workflow of different user types on LRNKEY. Next, let’s know about the revenue model of LRNKEY.   

How Does LRNKEY Earn Revenue?

Revenue generation is an important aspect for any online tutoring business. Before starting a business you must understand how the revenue channels work and how you would be able to generate revenue through your business in the future. Therefore, here is the breakdown of the revenue sources of LRNKEY. 

• Commissions: LRNKEY charges a 10% fee from tutors as a commission and this is their main revenue channel. Although the tutors are free to decide their pricing per hour on the platform but they have to pay this charge to access LRNKEY and connect with learners. 

Other than the commission fee charged by LRNKEY, there are some other revenue channels as well that you can incorporate into your platform for maximum profitability. 

• Advertisements: Allow other businesses to promote their services and products on your platform in return for a fee. 
• Subscriptions: Charge annual or monthly subscription fees from users for accessing the platform. 
• Sponsored Listing: Sponsored listing fees can be charged from tutors for listing them prominently on the platform.

Key Features Of The LRNKEY Platform

LRNKEY is gaining popularity among learners in the industry because of the features it provides to its users. Features indeed play an integral role in making or breaking an online tutoring business. It’s important to understand which features you must integrate into your online tutoring platform to streamline the user experience and achieve success. 

Here are the features of LRNKEY:

• Search filters: LRNKEY has advanced search filters that enable the users to search tutors as per their needs by the subject name or keywords related to courses they are looking for on the marketplace. Moreover, learners can narrow down their search based on their preferred criteria by utilizing available filters. 
• Seamless booking and scheduling: LRNKEY enables easy booking and scheduling of sessions with just a few clicks. Users can book sessions as per their availability and convenience.
• Calendar availability: By leveraging this functionality, the learners can check the availability of the tutors and schedule their sessions accordingly. Moreover, they can book a specific time slot as per their availability. On the other hand, tutors also can reduce no-shows, and receive bookings more efficiently. 
• Interactive learning environment: LRNKEY lets students connect with tutors through video chat software and ensures an engaging learning environment. This fosters collaboration among students and tutors. 
• Tutor profiles: The detailed tutor profiles on LRNKEY enable the tutors to efficiently display important information related to their experience, expertise, and more which helps attract more students. Similarly, learners can make an informed decision based on the experience, qualification, and other important details related to the tutor. 
• Seamless payment process: This online tutoring platform provides convenience and flexibility to learners while making payments by offering multiple payment gateways and options. 
• Feedback and Ratings: The learners can leave feedback and ratings after the sessions depending on their experience. This builds the credibility of LRNKEY in the industry and also helps potential learners in making an informed decision. 
• Blogs: LRNKEY actively publishes blogs on their websites covering topics relevant to both tutors and learners. This not only provides information to the users but also effectively promotes their tutoring services in the market. 
• Multilingual support: LRNKEY is a multilingual platform which makes it easy for them to cater to a global audience. This expands their reach in a global scenario and helps them in breaking the linguistic barrier. 

These are some of the features provided by LRNKEY that enhance user satisfaction and streamline the user experience on this website. 

Aspects Where LRNKEY Lacks: Create an Alternative To LRNKEY

Although LRNKEY is a popular tutoring platform, still it lacks in a few aspects. These drawbacks can severely affect the experience of the learners and you should avoid them in your online tutoring website. Let’s discuss them. 

1. Limited Features

It is very important to provide a seamless experience to users on your website, and features play an integral part in it. LRNKEY offers a limited set of features that are basic for online tutoring business requirements. To access many tutoring-specific features LRNKEY suggests the users to integrate third-party applications on their own. 

Solution: While building your website pre-integrate the advanced tutoring-industry-specific features. Enable tutors and learners both to have a seamless and collaborative experience on your website with up-to-date features.

2. No Efficient Marketing Module For Promotions 

Many LRNKEY users (especially tutors) have stated on various platform rating websites that LRNKEY doesn’t market and promote their services effectively and they are unable to reach out to the potential learners. 

Solution: Create your online tutoring website by using a software solution that offers pre-integrated marketing features. This makes it easy to implement marketing techniques such as affiliate marketing, refer and earn, social media marketing, and more on your website. 

3. Limited Session Types

LRNKEY offers only personalized one-on-one sessions on the platform. Whereas, learners have diverse learning styles and needs. Learners who seek collaboration would prefer group sessions over individual sessions, hence, LRNKEY lacks in providing a tailored learning experience. 

Solution: While building your website incorporate diverse types of sessions on your platform and cater to the unique needs of the learners. Some of the popular types of sessions include:

• One-on-one sessions
• Group sessions
• Live webinars
• Pre-recorded courses
• Live course-based sessions

4. Disoriented Design 

Many users find the design of the LRNKEY website a bit disoriented and confusing. They stated it lacked intuitiveness and user-friendliness. 

Solution: Build a user-friendly, and easy-to-navigate website that enables learners to easily use the platform and find what they are looking for on the website. 

Now that you have identified the gaps and areas of improvement in LRNKEY’s offerings, next, by focusing on these gaps and improvements you can develop a unique online tutoring platform that differentiates your platform from LRNKEY. In the next section, let’s understand how you can build a website similar yet better than LRNKEY. 

How To Build A Website Like LRNKEY?

Developing your own website like LRNKEY may seem a difficult task to begin with but with the right information and knowledge about the development processes you can accomplish this easily. There are majorly two ways to build a website like LRNKEY: 

• Custom development
• Ready-made software

1. Custom development: In this development approach, you build your website from scratch. A team of web developers and designers needs to be hired to implement your business idea and create your website. Custom development requires high financial investment and would take more time in launching your website in the industry. This development time can vary from a few months to even years. Moreover, after-launch maintenance costs for custom development are significantly high. 

2. Ready-Made software: Another convenient and cost-effective method to launch your online tutoring website is to opt for a ready-made software solution. Ready-made software solutions ensure quick launch providing that competitive advantage. The software comes pre-integrated with all essential features and capabilities to successfully launch and run your online tutoring website. Moreover, the financial investment required for ready-made software is significantly low as compared to custom development. 

Yo!Coach is one such popular ready-made software available in the market. It offers all the essential features and functionalities required to successfully launch an online tutoring website like LRNKEY. Moreover, its robust admin features make it an ideal choice for entrepreneurs. Its intuitive, easy-to-use UX/UI ensures user satisfaction. 

Additionally, it is one of the most cost-effective ready-made software options available and can help you in successfully establishing your online tutoring business without breaking the bank. Yo!Coach is rated 4/5 on many software advising platforms, and it has 1000+ clients in around 40+ countries. Moreover, it supports 10+ business models and caters to 15+ tutoring niches. 

How Yo!Coach Can Help in Building A Website Like LRNKEY? 

By leveraging the capabilities of Yo!Coach you can seamlessly build a website like LRNKEY. This is a versatile ready-made software designed to efficiently cater any business requirements. In addition to the features present in LRNKEY, Yo!Coach offers many other advanced tutoring industry-specific features as well. Let’s know more about them. 

Key Features Offered By Yo!Coach:

• Numerous tutoring industry specific features 
• Interactive features including video chat, text chat, screen sharing and recording, virtual whiteboard, and more
• Robust admin features for seamless management of the website, users, revenue, and more
• Powerful features for user management, commission management, and more
• Reports and analytics for an informed decision making
• Efficient content marketing system and other marketing tools for effective promotions
• Multilingual and multicurrency support
• Multiple payment gateways and options

Other Specifications:

• Self-hosted
• Lifetime license
• One-time payment
• Caters to 10+ business models and 15+ niches
• Supports multiple types of sessions including individual, group, pre-recorded courses, live courses, and more
• GDPR Compliance
• Mobile apps
• Personalized demo available
• 1 year of free technical support

Online Learning Platform Built with Yo!Coach

Yo!Coach has served 1000+ clients across 40+ countries in the world. Many education entrepreneurs could successfully enter the education industry by leveraging the capabilities of Yo!Coach. Here are some of the popular online tutoring websites built with Yo!Coach. 

Shzam–USA

Shzam is a feature-packed online tutoring platform that provides one-on-one and group sessions to learners in diverse academic subjects. By leveraging the capabilities of Yo!Coach, Shzam is successfully connecting learners with subject experts. Till now, Shzam has onboarded 23+ tutors, and many learners have used this platform for their academic learning needs.

IntellaTutor–USA

Powered by Yo!Coach, this online tutoring platform provides both academic and language learning tutoring in one place. Since its launch, IntellaTutor has onboarded 585+ tutors and is helping thousands of learners in achieving their academic goals. Moreover, this platform offers both online and offline sessions leveraging the capabilities of Yo!Coach. 

Lessonspace.ca – Canada 

Built with Yo!Coach, Lessonspace.ca is successfully offering online English learning to students across Canada. Till now, they have onboarded 20+ tutors and have helped several learners in improving their English language skills. 

TUCATedu – UK  

This online learning platform is built with Yo!Coach, and seamlessly connect learners with expert tutors all across the UK. Since its launch, TUCATedu has grown tremendously and caters to several learners fulfilling their learning needs. 

Visit our portfolio to know more about our global clientele. 

Conclusion

The online tutoring industry presents lucrative business opportunities for education entrepreneurs and by building a website like LRNKEY you can tap into this space. By utilizing the information mentioned in this blog you can easily launch your online tutoring platform. Remember to take inspiration from others in the business while keeping your uniqueness intact.