Contact CourseIndex.com to see how we can help you sell more online courses! 2358 University Avenue #2010, San Diego, 92104 ; 1-866-879-1285 ; [email protected]
Oct 11, 2021 · Creating and selling online courses is a booming market internationally. The elearning market was worth $107 billion in 2015, $190 billion in 2018 and is expected to exceed $300 Billion by 2025 (E-Learning Market Size By Technology)!Investing in education and lifelong learning is an emerging trend among both old and young learners.
Nov 05, 2021 · Out of 132,009 course sales, the average course price is $137. Out of the same cohort, the standard deviation for online course prices, which measures how spread apart the data is from the center, is 167. What these two pieces of data tell us is a little more complex than it looks at a glance, but take heart, it’s not much.
It varies widely. Your online course could earn anywhere from a $0 – $50k+ per month. Many course creators will earn $1 – 5k/month and there are numerous examples of online course teachers earning $10k – $50k per month.. There are lots of factors that will determine how much you can earn by selling online courses.
An online course can do the following: 1 Enhance your online brand and presence as a whole. 2 Establish you as a thought leader and a credible source for new knowledge. 3 Create a loyal following of your current clients as the thirst for easy and more consumable information continues to grow. 4 Bring more opportunities for new, profitable ventures, providing free online courses to attract potential clients and online business leads.
Online courses have come to fill in the gaps of knowledge. A lot of people seem to prefer the comfort and flexibility of their own homes, avoiding the complexities of commuting to physical classes. And this is perfect for the growing elearning industry. If you are not already selling an online course, you are missing out on a big opportunity.
Nick Malekos is a Senior Digital Marketer in LearnWorlds. He is a results based and well-rounded Digital Marketer with years of experience in the education industry, writer and digital literacy trainer.
The market for online courses is big and profitable and it’s growing fast with the ever increasing demands of the knowledge driven economy. The global interest in lifelong learning and the development of professional skills has pushed the knowledge economy one step further. According to a 2020 research report on….
Yes, they are. Online courses offer one of the best business models to digital entrepreneurs. The demand is rising and people are more than willing to pay for them, and they are one of the top ways to make money online. This is a great piece of information to start with.
Investing in education and lifelong learning is an emerging trend among both old and young, and online courses come to fill the gaps of knowledge. People tend to prefer the comfort and flexibility of their own homes, avoiding the complexities of commuting to physical classes.
Offering a free course can work for your benefit as it can generate leads for expensive courses or a way to showcase your expertise. Don’t forget, it is the first point of contact to create rapport. We all love good communication, creating relationships and this sense of familiarity is what will help you sell more courses.
Whereas, ‘learning objectives’ or ‘learning outcomes’ tend to be more specific and more measurable in terms of what you expect your students to learn and be able to do once they complete the course.
The elearning market is expected to exceed $325Billion by 2025 (see above), with a yearly growth of 5% (Global Market Insights)! Becoming an online instructor means you could be earning from a few hundred dollars per year to a six-figure income.
Your testimonials can really come from anywhere — emails, tweets, Instagram posts or comments, blog posts, etc.
Nick Malekos is a Senior Digital Marketer in LearnWorlds. He is a results based and well-rounded Digital Marketer with years of experience in the education industry, writer and digital literacy trainer.
Pricing an online course is incredibly important and for a good reason. It communicates your value, it affects the profitability of your course, your customers and the quality of your work. Pricing it too high may result in people not buying from you. Pricing it too low and you won’t be making a profit.
Picture this: you’re getting ready to host a garage sale. You start putting your stickers on items, then freeze.
If you’d rather jump straight into the pricing data, you’ll want to skip down to the next section where we talk about the averages we found. But if you’re like us and want to know more about the data, here’s how we handled it.
If the average price -- $182.59 -- doesn’t have much statistical value for us due to the distribution, where do we go from here?
No matter how great your course is, you’re not going to see the sales you want if you’re not putting in the work to market your online course.
The amount of time that it takes to build an online course will depend on the length and detail of the course. It can take you anywhere between 25 and 500 hours to create an online course from start to finish. Short courses can take just a few days, but longer courses can take weeks or months. HIGHLY RECOMMENDED.
Skillshare. Skillshare is the perfect online course selling platform for designers, writers, photographers, bloggers, entrepreneurs, and more. If you are looking to share your skills for a fee online, Skillshare is the place to be. They feature both popular and niche subjects that target specific people.
Udemy. Udemy is one of the biggest online course platforms that work to make learning more accessible. The platform has over 40 million students enrolled on its courses, and it has more than 50,000 instructors.
Yes, selling online courses can be profitable, as online courses offer one of the best business models to digital entrepreneurs. The demand for online courses is only rising, and people are willing to pay for them for the convenience of being able to learn at home and in their own time.
This one should go without saying: Online Courses are an excellent product because although you don’t need to sell in high volumes to make a decent profit (remember that your per-unit cost is virtually zero), you certainly can sell in volume.
Teaching is a very rewarding experience . Even if you don’t consider yourself a teacher (yet), you’ll hopefully come to see that sharing your knowledge to help people overcome their issues is a very satisfying feeling, regardless of earning potential.
If you want to justify increasing the price of your online course, you can do that by upgrading the course content. This means creating higher quality videos, visuals, text, and effects that better match your brand and are representative of the value you want to provide.
Of course, you do still need to put in the work to create the course and fill it with quality content that’s worth it for students to enroll. Creating a new course doesn’t have to be a complicated process. You can create course content by repurposing your existing content: 1 Blog posts 2 Webinars, speeches, interviews, and more 3 eBooks and white papers
Certificates of completion are another way to boost the value of your online course. People love being recognized and rewarded for work that they’ve done. We recommend awarding personalized, downloadable certificates that students can then display on their business sites or reference in proposals to their clients.
According to recent data, global eLearning is on pace to hit $325 billion by 2025. If you want to get a piece of those billions (or are skeptical that it can be done), keep reading.
Creating and selling online courses can be a powerful driver for passive income if you put in the time to build a high-quality course and market it properly. While it does take time to create all the pieces for your online course, once you have it completed, it can generate revenue for years.
People across demographics are interested in education and lifelong learning more than ever before and online courses are a flexible and cost-effective way to expand knowledge without even leaving your home! If you’re not already selling an online course, you’re missing out on a tremendous opportunity to build a passive revenue stream, boost your brand’s reputation, and generate more leads.
Too low of an enrolment fee may jeopardize the value of your course. Low fees mean fewer resources for creating high-end content. Fewer resources for paying online teachers. Fewer opportunities for students to get one-on-one time with teaching staff. Possibly a less reliable course framework.
We recommend that our clients spend a considerable amount of time in their online course development and design stage. We’re not joking when we say it could be one of the single biggest investments you could make in your financial future.