I don't feel the need to go into minute details so let's keep it short and simple; here are some obvious reasons:
Teachers
1. There are no costs involved; free virtual classroom.
2. Teachers can make money.
3. Teachers can maintain their profile and market it, and keep an availability schedule.
4. Members can build their own content library. Teachers can use their content library in the virtual classroom.
5. Sessions in the virtual classroom are recorded and can be accessed/shared later.
6. Teachers can network with other teachers and students.
Learners
1. Students can find teachers
2. Build their learning network
3. Communicate online in real time
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