Comments

    • Profile photo of John Moffat says

      Firstly, they are not reducing freelance lectures by 10%. The are paying them 10% less, which is not the same thing.

      If they are paying them less, then this (on its own) would increase profit – and therefore improve financial performance.

  1. Profile photo of Mahoysam says

    Another great feature of opentuition, it is helpful to see how questions are being answered. I am really amazed that you are providing all of this for free!

    I have a question if I may ask – There was a fall in number of students, yet our market share has grown, can you clarify this point please? I kind of get the idea but it is not really clear, I have always thought that a fall in customers mean a fall in market share and so.

    Many thanks!

    Maha

    • Profile photo of John Moffat says

      Let me give you an example:

      Suppose there are 1000 students in the world, and 100 of them come to us. That means that our market share is 10%.

      Suppose that next year there are only 500 students in the world, and 55 of them come to us. That means our market share is now higher at 11% (but the number of students is lower).

      • Profile photo of Mahoysam says

        Thank you! Now I feel dumb as it is very obvious! I have had the idea in my mind but it wasn’t very clear, but now I get it, thanks!

  2. avatar says

    THE LECTURES ARE COMPLETELY AMAZING!!SO HELPFUL!I DONT KNOW WHAT I WOULD DO WITHOUT THE PRECIOUS HELP FROM THE TUTORS OF OPEN TUITION.
    THE IDEA OF ONLINE FREE VIDEOS ON PAST PAPER EXERCISES IS AWSOME! GIVES U THE OPPORTUNITY TO UNDERSTAND THEM BETTER.
    PLEASE UPLOAD MORE VIDEOS(EG. FOR DECEMBER AND JUNE 2012 PAST PAPERS!!!)
    THANKS A LOT!

Leave a Reply