Kindergarten teacher earned $ 700,000 on sale of lesson plans
- Transfer
The work of teachers and educators can hardly be called highly paid, but Deanna Jump, a teacher from Georgia, was able to earn 700 thousand dollars by selling her curricula and materials on the Teachers Pay Teachers online exchange . Paul Edelman, the founder of this startup, created a platform for a mutually beneficial exchange of teaching and learning materials after he worked for four years as a teacher in a school in New York.
“Once it occurred to me that the lesson plans that teachers usually draw up for their own needs have monetary value, and then I created the Teachers Pay Teachers exchange,” says Edelman. them for sale. "
In the first two years of the exchange, teachers bought the lesson plans they needed individually, although sometimes schools reimbursed them for these costs. Now schools have the opportunity to buy a package of lessons directly on the site and provide them to their teachers centrally. Edelman expects that such wholesale purchases in the future will bring him the lion's share of revenue.
Teachers Pay Teachers specializes in lessons for kindergarten and school children, but there are lessons for both students and adult self-education. The most popular subjects are English and literature, social and natural sciences, and mathematics.
The site has seven hundred thousand registered users, of which ten thousand sell their work. The total turnover of the site reached seven million dollars.
Many lessons are free, and the average price is five to ten dollars. It is possible to subscribe to updates of the lessons of the authors you like. So, Deanna Jump has almost twelve thousand subscribers.
Teachers widely use the social networks Facebook, Twitter and Pinterest to promote their materials. According to Edelman, Pinterest already brings more traffic to the site than Facebook.
About 93% of the income comes from the United States, 5% from Canada, and 1% each from Australia and all other English-speaking countries.