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	<title>official italki blog &#187; online</title>
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		<title>Language Marketplace: Two Months Later</title>
		<link>http://blog.italki.com/2009/05/language-marketplace-two-months-later/</link>
		<comments>http://blog.italki.com/2009/05/language-marketplace-two-months-later/#comments</comments>
		<pubDate>Wed, 27 May 2009 06:01:29 +0000</pubDate>
		<dc:creator>Toffler</dc:creator>
				<category><![CDATA[announcement]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[chinese]]></category>
		<category><![CDATA[english]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[spanish]]></category>
		<category><![CDATA[students]]></category>
		<category><![CDATA[teachers]]></category>

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		<description><![CDATA[It&#8217;s been two months since we launched the open beta of our Language Marketplace (announcement), and we wanted to say we&#8217;ve been very pleased so far. The Language Marketplace is where students can pay for online lessons and teachers can get paid to teach a foreign language. In this short time, we&#8217;ve already had over [...]]]></description>
			<content:encoded><![CDATA[<p><img class="size-medium wp-image-119 alignright" title="language-marketplace" src="http://blog.italki.com/wp-content/uploads/2009/05/language-marketplace-300x162.gif" alt="language-marketplace" width="300" height="162" />It&#8217;s been two months since we launched the open beta of our Language Marketplace (<a title="Beta Launch" href="http://blog.italki.com/2009/03/beta-release-of-language-teachers-pay-for-lessons-or-earn-money-teaching/" target="_self">announcement</a>), and we wanted to say we&#8217;ve been very pleased so far.  The <a title="italki Teachers" href="http://www.italki.com/teachers/" target="_blank">Language Marketplace</a> is where students can pay for online lessons and teachers can get paid to teach a foreign language.  In this short time, we&#8217;ve already had <strong>over 2500 teachers</strong> register to <strong>teach 70 languages</strong> online!  Of the teachers, over 20% are professionals, meaning we have over 500 experienced language teachers ready to teach you on italki.</p>
<p>Through looking at our marketplace, we&#8217;ve also learned a lot about paying students.  It&#8217;s not a surprise that English is the most popular language to study.  Over 50% of the sessions taught have been for <a href="http://www.italki.com/teachers/1-3-English---0-999999-0-0-1.htm">learning English</a>.  Given that most non-native speakers have a general desire to learn English, we think this is a sign of how much unmet demand there is for English language teachers.  Interestingly, <a href="http://www.italki.com/teachers/1-3-Chinese---0-999999-0-0-1.htm">learning Chinese Mandarin</a> is the second most popular choice, followed by <a href="http://www.italki.com/teachers/1-3-Spanish---0-999999-0-0-1.htm">learning Spanish</a>.  As Chinese Mandarin grows in importance, we believe more and more people will look online to find a teacher.  In many areas around the world, Chinese teachers may not be available, and online teaching rates seem very reasonable.</p>
<p>We&#8217;ve also found that many students are using the <a title="italki Free Trial" href="http://www.italki.com/teachers/1-3----0-999999-1-0-1.htm" target="_self">Free Trial</a> feature to find the right teacher for them.  This is a great way for students to test out a couple of teachers and find the one that has the most compatible learning style.  It&#8217;s also a good opportunity for teachers to get a better understanding of how the system works, and a student&#8217;s particular needs and ability level.</p>
<p>Overall, we think the growth in the number of students purchasing italki credits and bookings sessions with language teachers is a sign that people are getting more comfortable with the idea of learning online.  This should be good news for all the internet startups in this space (<a title="Edufire" href="http://edufire.com/" target="_blank">Edufire</a>, <a title="WizIQ" href="http://www.wiziq.com/" target="_blank">WizIQ</a>, <a title="ForteMall" href="http://www.fortemall.com/" target="_blank">ForteMall</a>, <a title="Sclipo" href="http://sclipo.com/frontpage" target="_blank">Sclipo</a>, and <a title="MoonToast" href="http://www.moontoast.com/" target="_blank">Moontoast</a>) who have a similar vision that education will eventually come from many sources.</p>
<p>Keep <a href="http://www.italki.com/feedback/feedback.htm">telling us what you think</a> about the site and our Language Marketplace.  And keep following the blog &#8212; we&#8217;ll keep you updated as we put up new features.  The italki team</p>
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