Types of business models available:
- Courseware model: In this type, the app offers different courses through online streaming. Users (students) can watch videos on specific topics and gain knowledge. The in-app videos can be viewed only by accessing the app.
- Classroom model: A classroom model involves live interaction with teachers and students. The model is similar to classroom setup, providing a two-way communication flow.
- Assessment model: These types test the knowledge of students. Students are provided with periodic quizzes or assignments on various topics and assessed systematically over a period of time.
- Reference model: This model is the oldest type available in the market. Online encyclopedias, dictionaries, etc., come under this type.
- Specific purpose model: This type of model narrows down users to a particular type. These types of apps provide education on specific educational areas like engineering, medicine, etc.
Summing up,
These are some of the most popular business models worth considering in your app. Moreover, if you are wondering how to develop the app, you can approach an Udemy clone app development company, and get your app. These clone apps are usually 100% customizable and can be launched instantly in the market. Students across the world are demanding an online educational platform to utilize in this quarantine season. Can you provide them with the same?