Vancouver, BC -- (SBWIRE) -- 06/18/2015 -- IBISWorld published a global online learning industry report in 2014 stating online teachers earn an average of only $0.42 per dollar of the course sold and are struggling to make ends meet due to lack of marketing experience and decreasing returns. EdTech companies today still don't have the answers to the challenges online teachers face – high marketing costs and low-income returns.

Anders Fung believes there are great opportunities in the online learning industry still left untapped. For online education, he breaks them down to simple terms. "Teachers want to share wisdom and earn a better living," he says. "And learners need access to affordable and relevant learning that helps them rapidly develop real-world skills."

At his company, Learnquiq, Anders is completely driven and focused on creating an integrated learning experience where everyone can easily share learning content and news directly to those who want it, in real time. On Learnquiq, both teachers and learners can sign up for an all-in-one account for free where they can choose to teach and/or learn on their own accord. Teaching experts can freely teach on any topic of choice. They can structure their curriculum using pre-recorded videos, audio clips, documents, written content, and even quizzes, which in turn can be bundled into a course to be sold at a price or for free. Activities and interactions related to the course that occur on Learnquiq, including course updates, price changes, user rating, comments, and more, are directly broadcasted to users on the platform. The live feed is similar that of Twitter, except every tweet is learning related.

As an online learning marketplace, Learnquiq is faced with a complex dilemma of whether to focus on teacher or student benefit. They firmly decided to cover both bases. Their differentiating factor is in their unique ability to help teachers promote learning content for free, in real time, relevant to the learners' needs. Learnquiq's automated live feed system solves the inherent problem of marketing for already time-poor teachers while satisfying the students' need to learn quickly what is most useful from the information sent directly to them.

"After closely engaging with our key partners and teachers during our beta stage, we were fascinated to discover what was truly important to them, which is how many students they can effectively reach," says Anders.

A moment spent on marketing, is a moment lost in curating quality educational content for students.

"A student's experience when engaging with an online course is judged based on the teacher's ability to create meaningful learning content, not their skills at marketing" says Anders. Surely the pain point for online teachers today is finding an online medium that supports the proliferation of educational content while delivering relevant information that's valuable to the students who receive it. Learnquiq's unique solution for this problem is deeply embedded in its philosophy and, unlike any of its competition, is what is being championed and communicated.

What's more, the company is setting the bar by offering a unique performance-based commission payout where teachers get promoted as they produce more quality content and gain popularity. Every teacher starts at 55% commission payout that they can grow to upwards of 75%. This is a favourable pay range for teachers considering the average wage per dollar sold for an average online teacher is only 42.12% (IBISWorld Industry Report, July 2014).

"Our learning marketplace is naturally self-regulating," says Anders. "Teachers are rewarded for continually producing quality educational content and learners benefit from gaining practical skills from someone who is active in the learning community with a proven track record."

Learners can provide feedback in the form of comments or reviews while teachers monitor sales activity, discussions, attendance, and completion times through the course dashboard.

Learnquiq has much to catch-up to. "The online learning culture already has its own rhythm," says Anders. "What we are doing is stimulating the online learning community, creating an experience that perfectly chimes with both the teachers and learners. We've just been quietly listening to what the outstanding community has been telling us, and transforming their needs and desires into an achievable reality."

Learnquiq is scheduled to launch on Thursday, May 28th, 2015. During the launch month, from May 28th to June 28th, a bump in starting commission payout to 65% will be offered to all registrants who join within the 30-day period. Perhaps teaching is not something you'd do today, but this VIP account may prove to be tremendously useful in the future.

For more information about Learnquiq, please visit https://learnquiq.com

About Learnquiq
Learnquiq is the fastest educational content sharing community for everyone to share, teach, learn, and earn. The social network inspired learning platform is designed with teachers and learners in mind, delivering user-generated educational content directly to those who want it.

Contact:
Anders Fung
anders@learnquiq.com
#7 – 426 Main Street
Vancouver, BC
Canada
PH: 778-999-9456