Most of the educational franchises and institutes have switched to a hybrid learning model enabling continuity during pandemic-related restrictions on public movement. The evident fallout has been slower demand for traditional school supplies suppliers and growth in new-age learning aids such as tablets & video conferencing hardware.
Similarly, remote working and work from home concept have affected office supplier wholesalers particularly affecting bulk purchases of stationery and office consumables such as staplers, pins, file folders etc.
There is no one size fits all answer to this; each category has to find what works best for them. It is best to consider school supplies and the school franchise category separately.
Teaching aids primarily refer to objects & educational toys and related items. These can be further subdivided into visual aids like charts, flashcards etc., audio aids like recorded lectures etc. and audio-visual aids commonly used in health education supplies.
The wholesalers should also try to shift focus more towards media based teaching aids. Enter into long-term agreements with developers of media teaching aids as traditional selling and agreements may not work in digital age.
Education consultants are independent sales agents appointed by universities or colleges to promote them in overseas markets. They also act as bridge between parents and overseas universities by guiding, counseling and helping parents to complete regulatory documentation for admissions purposes with overseas universities.
Many parents faced hurdles in accessing services to complete admission formalities. Education consultants supported new admissions by asking for extensions and getting online approvals to attend classes remotely.
The coaching & Tutoring franchise segment also faced a huge economic crunch as many students were forced to stay at home. Virtual meeting platforms like Zoom, Microsoft Teams, GoTo meetings did help them to continue the services. However, coaching and tutoring being more or less individualized service with tailor-made programs the whole essence is lost through online modules.
It is important for coaching centers to digitize the learning modules in a hybrid manner i.e. having the flexibility to have standardized modules which can be tailored to individual needs and requirements.
Distributors, suppliers, and franchisors in the education segment are still experimenting and are trying to look into various revenue-generating & new income streams. However, the education segment is highly regulated by governments it is extremely important for governments to put in place regulations and testing methods for e-learning. The regulations may help school supplies wholesalers and education franchisors to plan their marketing and sales strategy for international markets.
Learning Tools refers to an online program or a software tool to access and present information by teacher and students in a systematic manner. The market is moving towards new-age learning tools such as Edmodo, Socrative, Thinglink, cK-12, Kohoot to name a few. The education franchise should try and shift its resources to customize and deliver the learning through one of these online tools.
Preschool franchise and nursery teacher training institutes have been really hit hard due to restrictions. The biggest challenge for this segment is the development and management of child psychology & child behavior. The teacher’s community is working hard with education ministries to develop acceptable tools & adapt to new environment.
Education consultants are independent sales agents appointed by universities or colleges to promote them in overseas markets. They also act as bridge between parents and overseas universities by guiding, counselling and helping parent’s to complete regulatory documentation for admissions purpose with overseas universities.
Many parents faced hurdles in accessing services to complete admission formalities. Education consultants supported new admissions by asking for extensions and getting online approvals to attend classes remotely. We believe that demand for education consultants will grow at faster rate as compared to previous years.
Coaching & Tutoring franchise segment also faced huge economic crunch as many students were forced to stay at home. Virtual meeting platforms like Zoom, Microsoft Teams, GoTo meeting did help them to continue the services. However coaching and tutoring being more or less individualized service with tailor made programs the whole essence is lost through online modules.
It is important for coaching center’s to digitize the learning modules in a hybrid manner i.e. having flexibility to have standardized modules which can be tailored to individual needs and requirements.
Conclusion
Distributors, suppliers and franchisors in education segment are still experimenting and are trying to look into various revenue generating & new income streams. However education segment being highly regulated by governments, it is extremely important for governments to put in place regulations for e learning.
The regulations may require school supplies wholesalers and education franchisors to work in coordination with international e-learning modules developers. Get in touch with selloverseas team to connect with international franchisors working in educational aids and developers of e-learning modules on selloverseas.com
