As an online teacher, it's important to understand the seasonal trends in the industry to identify strong and weak months for earnings. Typically, the summer months tend to be slower, as students are on vacation and families are traveling. On the other hand, the fall and winter months tend to be busier, as students return to school and parents seek out additional educational resources.
Another factor to consider is exam season, which can vary depending on the country or region where you are teaching. During exam season, students may require extra help and support, leading to increased demand for online teaching services. By keeping track of these trends and adjusting your schedule and pricing accordingly, you can maximize your earnings as an online teacher.
To identify your strong and weak months, track your monthly earnings, student numbers and workload. Adjust your pricing and services to match demand. Use high seasons to offer premium services and prepare for low seasons by developing new products and seeking new clients in advance.
Typically, there are two or three strong seasons in a year, and in my case, they are January, May, and August. Conversely, my weak months are June and December. During my first year, I struggled with finances and stress due to not being prepared for the cyclical nature of these seasons. However, once you recognize this pattern, you can better prepare and approach the situation with a sense of calm.