Tuteria's pricing systems works on an hourly basis per student, and tutors are free to set their own prices for each subject.
We believe you know the value of your time and effort more than anyone else, hence should charge whatever reflects your work. However we do have some suggestions to help you arrive at a good hourly price:
Work back from your monthly earning goal
Think of how much you plan to earn in a month, then calculate what that roughly translates to per hour and see if it reflects the value of your work.
Here’s a hypothetical example:
Let’s assume you wish to earn ₦30,000 at the end of the month. We’ll also assume you’d prefer to teach at least twice a week, for say 2 hours per session.
That means in one week, you’ll teach 2 sessions x 2 hours = 4 hours. In one month, you’ll teach 4 hours x 4 weeks = 16 hours. So in this example, you can set your hourly charge at ₦30,000/16 = ₦1,875/hr.
Similarly, a ₦50,000 monthly goal translates to ₦3,125/hr, and ₦100,000 translates to ₦6,250/hr.
This is only a guide. When you factor in the frequency of bookings, your location and Tuteria’s service fees, you may earn more or less than your monthly goal; and you can always change your prices at any time.
We also advise you add a little extra to cover for your transport fare if you will have to travel to your client's location so that they can pay everything at once. Tutors are not allowed to request any form of direct payments from clients.
Consider charging slightly less at the beginning
Even though majority of clients consider competence and quality to be the most important factors, often times, price will be the ultimate determinant for who they decide to hire.
We suggest you consider reducing your price at the beginning so that you can attract more clients, offer amazing service and build your reputation on Tuteria. Then increase your prices steadily as you attain higher levels and people trust you more.
You can also look at the prices of other similar tutors in your area to make comparison.
