Hi all! We want to give our tutor team insight into the business opportunities Yup is pursuing outside of schools. Henry has spent the majority of his time the last couple of months booting up a new Yup offering called Yup for Business and we’re excited to share results!
What is Yup for Business?
With COVID forcing work from home and remote learning simultaneously, we guessed that companies might want to pay for tutoring for their employees with children. This would unlock time and energy for working parents that otherwise might be spent teaching math!
We devised two offerings for Yup for Business:
- Sell tutoring directly to companies for their working parents
- Offer Yup discount codes for companies to share internally
How is Yup for Business doing?
It’s still early, but we’re seeing strong evidence that the model is viable! Some of our early achievements:
- We sold our first tutoring package to a start-up called Womply
- We’re in conversation with ~10 companies of varying size to offer tutoring for their working parents
- We’ve offered internal discount codes to Dropbox and Facebook
And our biggest success to date:
As of November 12, we are official partners with Microsoft with an offering geared towards Microsoft consumers!
We’re also in conversation with another large company to blast 1.5M subscribers with a Yup offer, timed for January 2021.
As you can see, these are exciting times for Yup! Given the holidays coming up and time for these deals to finalize, we’re hoping to see an uptick of traffic starting in 2021!