Press Release Headlines

Varsity Tutors Featured in Google's Annual Economic Impact Report

Local Business Doubles its Growth Annually With the Help of the Internet

ST. LOUIS, July 23, 2014 /PRNewswire/ — Even in tough economic times, small businesses and non-profits throughout the United States are benefiting from the continued expansion of the ecommerce industry, according to the annual Economic Impact Report released this week by Google.

Varsity Tutors, a premier academic tutoring and test preparation platform, was selected by Google to serve as Missouri's example of a business that is utilizing the Internet in order to find and connect with customers.

"Google's advertising programs and its tools have allowed us to streamline our operations and introduce us to new clients at a very reasonable cost," said Chuck Cohn, CEO and Founder of Varsity Tutors. "We save on what would otherwise be costly overhead and pass those savings on to customers by providing a superior product at an affordable price."

The company, which operates remotely, has grown from just two tutors at the time of its inception in 2007 to over 3,500 tutors today serving 30 major metropolitan cities for in-person tutoring as well as the entirety of the country with its online tutoring platform. Varsity Tutors is currently one of the fastest growing companies in the education industry, providing personalized learning solutions for students in elementary through graduate school including private tutoring, online learning environments, and cloud-based assessments.

"We've all had the experience of searching on Google and finding exactly what we want, whether it's the business hours of a local coffee shop or a website with recipes for the perfect summer picnic," said Jim Lecinski, Google's Vice President of Customer Solutions. "Our search and advertising programs don't just connect people to useful information—they help businesses find customers, help publishers earn money from their online content and help nonprofits get donations and volunteers. In fact, millions of businesses benefit from our online tools and solutions every year across the country—making Google an engine for economic growth."

The growth is creating new opportunities for web-based companies, as well as for brick-and-mortar establishments. Google helped provide $111 billion of economic activity for over 1.5 million American businesses and nonprofits across the U.S. in 2013.

Varsity Tutors has been growing at an average annual growth rate of over 100% over the last five years. In 2013, the company added over 1,000 new tutors to its team, as well as several new cities to serve. The company also launched the robust Varsity Learning Tools platform, a completely free online resource that provides tens of thousands of practice test questions and diagnostic exams with learning analytics across 100 academic subjects and standardized assessments. The platform also includes free classroom assessment software for educators to create customized tests for their classes and monitor individual student progress. Over 2 million problems were taken by students on the company's platform in the month of May alone.

For the full story on Varsity Tutors in the Google Economic Impact Report, visit
http://www.google.com/economicimpact/reports/mo.html#stories.

About Varsity Tutors
Varsity Tutors provides personalized learning solutions through private tutoring, online learning environments, and cloud-based assessments and analytics to help students at all levels of education achieve academic excellence. Varsity Tutors delivers one-on-one in-home or online instruction in any subject from STEM to the humanities, as well as customized test preparation for all standardized exams including the ISEE, SSAT, SAT, ACT, and graduate exams such as the GRE, LSAT, MCAT, and GMAT. Students from elementary to graduate school are expertly matched with an exceptional tutor who is best able to address their unique needs and goals. To ensure satisfaction and safety, only the highest caliber tutors are selected to join Varsity Tutors following a rigorous screening process. Varsity Tutors currently provides in-person services in 30 U.S. cities as well as online tutoring nationwide. Students and their families interested in learning more about Varsity Tutors should visit www.varsitytutors.com.

Contact:
Cathryn Sloane
Marketing Manager
Varsity Tutors LLC
http://www.varsitytutors.com
314.740.6075
Email