How do study agents make money? What are the doorways in this industry?

The way for companies studying abroad to make money is through information asymmetry and agency (we call it intermediary operation).

1. Information asymmetry is easy to understand, that is, he knows what you don't know, and you spend money on information. Some people will say that these materials can be found online, and they can indeed be found, so why can study abroad agents buy these materials at a high price? The reason is that the information sold by study abroad companies is comprehensive information. They will integrate relevant information, count some data and form more effective information, instead of simply looking up information online; In addition, companies studying abroad also have channels to integrate some first-hand materials and information, which cannot be reflected on the Internet, or need a lot of collection and integration to get information.

2. institutions. Theoretically, all kinds of materials and forms required for studying abroad and visa application can be filled in by individuals, but study abroad companies have more specialized means of operation. Some people will say, just fill out a form and write a document. It's very simple, really simple, but if studying abroad is that simple, then the school you apply for will be just so-so, and in the end it won't be competitive. How to prepare materials can attract the admissions officers most, how to write a good document, where are the key points of various materials, and in what ways can your talents or advantages be reflected. Many students seem to know a lot, but in fact they are all like headless flies, just doing what others do and have no idea at all. In the face of nearly thousands or even tens of thousands of applicants, admissions officers can see at a glance the thoughts, thinking and personality of people contained in the materials. A report card, seemingly simple, just depends on the quality of the results, in fact, you can see a lot of doorways.

3. Various cooperation projects. Foreign countries with industrialized education, such as Britain and Australia, will launch many study abroad programs, and they will cooperate with mature intermediaries. In the process of applying for school and visa, there are simplified procedures. In other words, they will trust the intermediary in advance, give priority to recruiting students from the intermediary, and give kickbacks if they meet the requirements. Please don't think that these rebates are black-box operations. In countries with mature intermediary services, kickbacks are the main means for intermediaries to make money. For example, in Hong Kong, some schools apply for schools in Britain or Australia on behalf of intermediaries, which are free of charge. Intermediaries take tuition rebates directly from schools.

The above are the main aspects of making money for study abroad agents. Of course, some agents also have their own ways of making money, so I won't show them here.

Speaking of the doorway of studying abroad intermediary, it is actually very simple, that is, making money through information asymmetry. As long as you plan your study abroad reasonably in advance, think carefully and sum up problems, and learn to use network tools and language tools, these things can be DIY. However, domestic students generally can't reach these awareness, or to put it bluntly, they are lazy and can't think for themselves, so intermediaries are popular.