how much can you get paid to create an online course for someone

by Dr. Elliott O'Keefe PhD 5 min read

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..

You can make anywhere from $500 to $50,000 and more by teaching online courses. To determine how much money you can make from online courses, all you need to know are the size of your audience, how well you can convert those people into buyers, and the price of your program.Jun 9, 2021

Full Answer

How much can you make selling online courses?

And we get this asked almost daily. So, how much can you make selling online courses? Short answer: you can make anywhere between $0 – $50k+ per month selling online courses, while most successful course creators earn $1k – $10k per month.

How much money can you make as an online instructor?

For example, as an online instructor you could be earning from a few hundred dollars per year to a six- or seven-figure income. In fact, you could reach up to a six-figure number while treating your course business as a part-time project. Course creation is only part of the process.

How much does it cost to produce 1 hour of eLearning?

1 hour of ready eLearning content costs $7,830-$37,365 ($22,598 on average) to produce (if the job is done by skilled contractors, the costs can be lowered by up to 30%) Just for comparison: the cost of producing 1 hour of ready online course content was $8,880-$28,640 ($18,760 on average) in January 2018,...

How much does it cost to create a course?

The price levels for a course can be a fee of $ 100 for the basic version, $ 150 for the standard version and $ 200 for the premium version. Of course each level will have to provide an increase in content, which means more work for you, but also more money.

Who teaches entrepreneurs how to build profitable courses?

Do people have the intelligence to build a business?

Is entrepreneurship worth it?

About this website

How much money can you make creating online courses?

How much can you make selling online courses? You can make anywhere from $1000 to $100,000 or more per year with online courses. Your revenue is going to depend mostly on the amount of traffic that you can bring to your courses, your conversion rate, and the price of your courses.

How do I become an online course creator?

Here are the multiple steps involved in starting a career as an online course creator:Step 1 - Market research.Step 2 - Understand your student.Step 3 - Create free content.Step 4 - Understand SEO.Step 5 - Create a sales funnel.Step 6 - Build a brand.Step 7 - Build a community.Step 8 - Validate your course ideas.

Is selling online courses profitable?

Are Online Courses Profitable? 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.

How long does it take to create an online course?

The time you will need to put a course together really depends on your specific case, however it generally takes anywhere between 25 to 500 hours to craft an online course.

How do you become a successful course creator?

Advice from 5 successful online course creators & their key strategies....Instead, here is the order I would suggest for you:Validate your course.Sell your course.Create your course.Deliver your course.Collect social proof.Scale your course to 10k/month organically.Run ads to your course funnel.

What does an online course builder do?

An online course creator is someone who develops virtual learning materials. Your students will complete your lessons, perform exercises, and put their knowledge to the test by taking quizzes and exams all from their own devices.

What is a course builder?

Overview. Course Builder is a curriculum and program development tool. Most Forum content, including lesson plans, syllabi, assignments, etc., is created and maintained in Course Builder.

What is online course creation?

The creation of eLearning Courses is one of the most important aspects if you are building or planning your eLearning strategies or projects. By having high-quality, well structured and designed content you can ensure your learners get specific skills and knowledge to improve in their daily tasks.

Is selling online courses profitable?

Yes, it is. Selling online courses is one of the best business models that exist. Online learning is a booming market internationally, and more and...

What are the most profitable online courses?

While you can make money with courses in any niche, certain niches like technology, business, personal development, and health and wellness are the...

How can anyone create an online course that sells?

To create an online course that sells, you need to make sure there is a demand for your course idea. And then, you need to focus on creating high-q...

What is the average online course revenue?

There is no exact figure for the average online course revenue. However, we have some platform-specific numbers. The average instructor revenue on...

How much do Udemy instructors make?

Udemy is one of the most popular platforms among online instructors. While many instructors make a six-figure income on Udemy, a majority of instru...

How much can you make on Skillshare?

Yes, all online courses and websites created on Kajabi are mobile responsive. Plus, your students can also access your content through a free mobil...

How much does it cost to develop an online course?

Based on our estimation study, creating an online course can cost you anywhere between $140 and $10,770. It depends on many things, including cours...

7 Ways to Make Money Selling Online Courses - LearnDash

Hi Austin, That’s a tough decision. I would factor a few things into your decision: Re: subscription or flat-rate? Subscriptions are generally a better business model for the instructor, as they are a lower barrier-to-entry, and they help support the course over its lifetime.

How to Sell Online Courses: The Ultimate Guide for 2022

Why Create & Sell an Online Course? An online course can help you: – Enhance your online brand/presence: educating your audience can establish you as a thought leader and a source for new knowledge. This becomes possible in many ways. For example, perhaps you already have a YouTube channel, a blog, an author site, you are a keynote speaker, you are making podcasts, or you are offering ...

How Much Money Can You Make Selling Online Courses?

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.

How can I determine how much money my online course can make?

Earlier, I asked you to write down your monetary goal. What was that number?

How much can you make by selling online courses?

Before we calculate how much you can make on online courses, you should understand the difference between revenue and profit. Revenue is how much money a business makes from its goods or services. Profit is how much the company keeps after all expenses are paid off.

How do you calculate the revenue of your online course?

The formula to figure out how much revenue an online course looks like this:

What do you need to consider when making your online course?

Whenever you think about how much you can make from online courses, there are multiple variables you'll want to consider:

Can you really make money from online courses?

As you can see, creating an online course can dramatically change your life; it did for so many others. Whether you are looking for some extra spending money or want to buy the newest sports car, online courses are a great way to achieve your goals.

How Much Can a Course Creator Make?

I’ll share with you here an easy-to-understand formula that helps you get a rough estimate of your revenue potential.

How To Increase your Revenue as a Course Creator?

If you are a course creator already, and are looking for ways to increase your revenue, here are a few tips that might help you.

How much money can an online instructor make?

For example, as an online instructor you could be earning from a few hundred dollars per year to a six- or seven-figure income. In fact, you could reach up to a six-figure number while treating your course business as a part-time project.

How to determine if your online business is making a profit from selling courses?

In order to determine if your online business is making a profit from selling courses, you must subtract the expenses. Luckily, online courses do not cost anything per additional customer but might have production or marketing expenses. This is how to think about it:

Why are online courses important?

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.

How to create a course?

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.

How to increase your online course ROI?

Lowering spending on new content and reusing your old material, can increase your online course’s return on investment (ROI) and your own income. Once you know what your minimum expenses are, all you have to do is put together a worksheet that can easily calculate the equation (Income – Expenses) / Expenses.

What is a successful online course?

The course topic: a successful online course starts with a profitable topic. Your course idea determines whether lots of people will love your course or not and if it’s going to sell.

How long is the LearnWorlds trial?

You can start with a 30-day free trial on LearnWorlds and launch your course today!

Who teaches entrepreneurs how to build profitable courses?

Joseph Michael teaches entrepreneurs how to build profitable courses.

Do people have the intelligence to build a business?

Many times, people already possess the intelligence and knowledge they need to build an amazing business. My goal has always been showing them the steps to take to get there.

Is entrepreneurship worth it?

There are financial benefits to entrepreneurship, but even more valuable is the freedom to live the life I want. We can (and often do) take a week off for a trip with the kids. I love being able to get up and eat breakfast with my family instead of having to rush out the door. Just being able to take the day off to go to the Zoo has been amazing. Our kids are only young once, right? I relish in the fact I can finally enjoy it.

How much will the online education industry be in 2021?

The online education industry is poised to surpass $240 billion by 2021, according to Global Industry Analysts, Inc.

Who hosted iOS programming courses?

John and Eliot above hosted their iOS programming courses on their own website, meaning they had to configure the video hosting, payment processing and general technical structure.

What Could You Teach?

While the examples above focus on very technical topics, there are online courses on a wide variety of subjects.

How much royalty does Udemy keep?

The current royalty structure is set up so if Udemy delivers the student to your course through their own organic discovery or through a promotion they run, they’re going to keep the bulk of the revenue — up to 75% in some cases.

Why did Rob make the decision to allow students to access the course for free?

Rob made the difficult decision to allow students to access the course for free in order to build up some positive testimonials, and then he went on to sell it to his database of web hosting customers.

How many home business ideas are there?

Ready to work for yourself? We've got 49 great home business ideas.

Who is the person who creates educational content around their expertise in subjects that interest them?

A large portion of it goes to the instructors: the people who create educational content around their expertise in subjects that interest them.

What is online course development?

Online course development is a complex process, and the price of course creation can vary depending on learning platform, course content, eLearning industry, and other factors. If you want to get a detailed cost analysis research for your eLearning project, pleasefeel free to schedule a demo. Tweet#N# .

How much will 1 hour of learning cost in 2021?

In 2021, 1 hour of learning content can cost about $8,542 - $36,320 ($22,431 on average).

How long has Sergiy been in eLearning?

Sergiy has 18 years of experience in eLearning and management. Creating educational programs, career paths, online and offline courses he is making the educational world better as a co-founder of RG.

Is eLearning still relevant?

The eLearning market changes, new eLearning trends, and technologies rise and the course should remain relevant. As we all know, even the most popular distance learning courses might need to be adjusted over time, if new breakthroughs occur in the subject matter, new data should be added or some statistics should be updated.

Is online course development complex?

Note: Online course development is a multi-stage and complex process, and it is impossible to know the price in advance thoroughly. There are too many variables in the final price tag equation that affect pricing. To get a complete and accurate estimate, you should contact the experts in online course creation and book a demo to tell all the details about your upcoming project.

Is all training material ready for LMS?

So, all the training material is ready, and now is the time to add it to your chosen LMS. However, this is not just a process of "pouring" content into the system. It is necessary to fully transform it into a ready-made course using the LMS tools. In addition, it is vital to ensure the maximum quality of the finished course, so proofreading and error checking is critical.

Is it possible to re-create a course?

C reating a course is almost impossible without a team of specialists who will take on specific tasks.

How to know how much to charge to make a profit?

To know how much to charge to make a profit, start adding up all your expenses with creating and selling the course. Another thing you need to understand, is that the effort required to market a course is independent of its price, the work is the same .

How many people can you sell a 20 dollar course to?

If you charge $ 20 for your course, it means you will have to sell it to around 500 people. With a current audience of 1,500, this translates into a conversion rate of 75%.

What are the barriers to pricing online courses?

One of the main difficulties and barriers when it comes to pricing online courses is the idea that you are charging for your expertise, which can be really intimidating. But something you should always keep in mind is that you are not just selling knowledge, you are selling a transformation (and if you’re not, you should!). ...

Why is value added in a course so high?

So the value added in a course is very high because you are not delivering something with expiration date, you are delivering something that can be tapped to achieve lasting results. Let’s look at the following three course topics: 5 mindfulness meditation techniques to relieve stress and improve your quality of life.

What does "more resources" mean in a course?

The more resources your course offers, the more value it delivers to the student, and one option is to let them choose whether they want to pay for it or not.

Do instructors deliver extra materials?

In the eagerness to offer the best course possible, many instructors deliver several extra materials to assist the study, for free.

Is a free course an appetizer?

It is common to find courses up to free, but make no mistake, often the free course it’s only an “appetizer”, a module for the student to test and realize how valid is to take the course.

Who teaches entrepreneurs how to build profitable courses?

Joseph Michael teaches entrepreneurs how to build profitable courses.

Do people have the intelligence to build a business?

Many times, people already possess the intelligence and knowledge they need to build an amazing business. My goal has always been showing them the steps to take to get there.

Is entrepreneurship worth it?

There are financial benefits to entrepreneurship, but even more valuable is the freedom to live the life I want. We can (and often do) take a week off for a trip with the kids. I love being able to get up and eat breakfast with my family instead of having to rush out the door. Just being able to take the day off to go to the Zoo has been amazing. Our kids are only young once, right? I relish in the fact I can finally enjoy it.

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