Over the past decade coaching businesses are flourishing rapidly. According to Crisil Research report, in the year 2014-15, tutorial business witnessed a market growth of almost 75,629 crore that remarkably increased from 40,187 crore that was in the year 2010-11.
In the year 2015 a study was conducted by Global Industry Analysts, it declared that the global private tutoring market is projected to surpass $102.8 billion by 2018. If we further probe into the GIA figures then India is leading the path of online tutoring by offering varied professional and academic courses at affordable costs.
Other followers of this league are United States, Europe, and Asia-Pacific (notably Hong Kong, Japan, Singapore, South Korea, and China) that are responsible for more than 90% of the global private tutoring market.
According to a survey held by ASSOCHAM’s, a massive number of close to 87% of primary school children and up to 95% of the higher secondary attend private coaching classes.
With such escalating figures of the coaching market we can very well infer the productivity of this business and to make it well fit for the market, an online exam maker is undoubtedly a supportive tool. Those days have long gone when coaching institutes used to follow the rudimentary pattern of conducting paper based tests. Now candidates prefer to enroll themselves in coaching institutes that can offer them latest practices.
So, here we are providing you an insight to the benefits of using an online quiz maker which holds a key to the growth of your coaching business; keep reading to know how.
Parent’s satisfaction- Effective way to maintain your progressive student count
Various features of online examination software make it a handy tool for coaching institutes. Parents who enroll their children for coaching pay a lot of fees and in return they expect to be regularly updated about the progress of their child. With an ease to conduct online test the administrators get the option to instantly share the computed result with the parents, on a steady basis. Preparing an online exam is not a time taking procedure neither does it involve vast logistic so you can easily develop test series to maintain a regular report of your students.
Earning reputation in the market
These days one can easily find a coaching institute in almost every lane that promises to give 100 percent result but it is all in words. Online examination platform lends a practical approach for showing the parents what you have in store, for their child. Parents prefer coaching centers that can practically demonstrate the ways of assisting the student’s in achieving their goal. This makes your coaching center stand and achieve a reputation in the market.
Result oriented
When a candidate achieves high score then his/her achievement is directly proportional to the repo of the institute.
An online exam maker platform constitutes of various preparatory examination attributes that prepare a candidate in advance to perform well in the competitive exams. Continuous exposure to the setup of competitive exams with the preference to conduct online test identical to the same format can reduce the nervous factor in the students, in return procuring maximum candidates with positive result. This way the coaching center acquires a tag of being result oriented.
Sell and earn
Selected online examination platforms have got a feature in which you get a choice of selling your test series to the candidates who find them relevant and are willing to purchase. You can create your very own question paper that is significant and can attract the attention of buyers this way you get a profit by publishing it in the market. So, be wise while selecting online examination software, keeping in mind that this feature can get you some added profit.
Conclusion
If we put some light on the recent survey conducted by ASSOCHAM, then coaching centers providing admission to IIT’s and other engineering colleges are in itself minting a whopping amount of 10,000 crore every year and constitute a big part of the coaching industry in terms of minting money. To be a part of this race one needs to upgrade teaching techniques by the application of an online quiz maker which is a vast platform and has got endless possibilities for the administrators to use it as a magic wand in achieving the desired result for their candidates. Coaching centers that are still running on the old pattern have lost their charm and are outdated for today’s time. So rather get upgraded to modern technologies and stand out of the group by being an achiever.