The Business Model of WyzAnt
WyzAnt provides a local marketplace where tutors can connect with students. Tutoring is offered for a variety of subjects, such as foreign languages, test prep, science, or sports, by 80,700+ qualified private tutors. Students can browse and review tutor profiles and connect with those tutors for free whose offer matches the most. The company takes care of the payment and the matching process to ensure the best fit. It generates revenues by taking commission based on the hourly rates posted by tutors.