how much money can you make selling online course

by Prof. Kobe Miller Published 2 years ago Updated 1 year ago 10 min read

How Much Can You Make Selling Online Courses?

Course Price. The price of your online course will play a big factor in how much money you earn each year. If your...
Your Level of Expertise and Brand Recognition. Someone who has a Youtube channel with 100k followers and an established...
Your Audience’s Income. How much disposable income your audience has will determine...

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.

Full Answer

How much money can you make by making online courses?

Make Money With Online Courses. There are a lot of factors at work when creating your own online course and the profits you get from the course sales can vary wildly. 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 ...

What are the expenses of selling online courses?

Expenses can vary dramatically depending on how much you invest into creating your courses. Common expenses involved with selling online courses include web hosting, software subscriptions, advertising costs, maintenance costs, and content production costs. 1. Choose a popular course topic

Can you really make money selling courses?

Course creators have the chance to make money selling courses to create additional sources of passive income or even make a living teaching online from your own website. Monetize your existing content of training workshops, YouTube videos, podcasts, coaching sessions, and empower people to improve their skills.

Are online courses worth it?

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.

Is selling a course profitable?

Are online courses profitable? Yes. They're actually one of the best business models you can adopt as a digital business because they're in demand and more and more people are willing to pay top dollar for them.

Are online courses a good way to make money?

Creating and selling online courses can offer you a passive income stream. You only have to create a course once, and then you can sell it over and over. Additionally, because your course is online, you can have students from all over the world, in any time zone, without any additional effort.

Can selling online courses make you rich?

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.

Do people make money selling courses online?

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.

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.

Is online learning a good way to make money?

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.

Is online learning profitable?

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….

How Much Money Do Course Creators Make?

There are many inspiring stories of solopreneurs building life-changing income streams with online courses, and you can find such stories in almost all the niches.

The Key Factors Influencing Online Course Revenue

Several different factors influence your online course earnings, and we’ll discuss the most important ones in this section.

Online Course Earnings Calculator

We’ve built an earnings calculator that will help you estimate your revenue from your online course based on your course price, audience size, and conversion rate.

How to Maximize Your Online Course Revenue

Once your course is live and gaining traction, there are various steps you can take to maximize your revenue and earnings potential.

Frequently Asked Questions

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 more people are buying online courses to learn new things, making it a great opportunity for knowledgepreneurs.

Conclusion

As we saw in this article, many course creators make a full-time income with online courses. You can find many examples of creators making $10k or even $50k+ every month even though the average creator earning is much lower.

How much money will online courses make in 2025?

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.

How to justify increasing the price of an online course?

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.

Can you make passive income from online courses?

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.

Is online learning booming?

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.

Can you set a higher price for a course?

Narrow Your Focus. It may seem counter intuitive, but you can actually set a higher price for your course when you’re teaching on a highly specialized topic. For example, you might have a course that’s an introduction to influencer marketing that covers the most basic steps you need to take to become an influencer.

Can you create an online course that is evergreen?

You can also create online courses that are evergreen. This means that you create the course, record and edit your videos, and package it as a product instead of a live course. So, you’re basically putting the effort in to create the course once, but you can sell it over and over for years.

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 Calculate Revenue For Your Online Course

The formula to estimate your revenue as a course creator is actually quite simple:

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.

1: Have a Clear Unique Value Proposition

To begin with, you need to make sure you have a UVP (unique value proposition).

2: Understand WHO Your Ideal Student Is

In order to be able to optimize your copy and refine your message as explained in tip 1, you will have to develop a deep understanding of who your audience is, and what they are looking for.

3: Find The Perfect Price-Point

Many people assume the only way to make a living as a course creator is to sell high-ticket items.

4: Craft a High-Converting Sales Page

As important as marketing is (as you’ll soon see), it means little unless your sales page POPS!!!

Is it good to have a mix of webinars and on demand videos?

Having a mix of video on demand and live webinars is a good way to balance things out. You can also charge a subscription fee, giving them access to both on demand video to watch when they want, along with essential live sessions every week or month to supplement the videos and deliver more key information.

Can you increase your course price?

Well, the first option would be to increase your course price, but this might have the effect of reducing your conversion rate, either balancing things out again or even reducing your revenue further. Instead, you need to look at scaling up.

Is it all about profits?

As with any business venture, it’s not all about profits. You need to consider your losses as well, and you then stick these into a simple equation (given below) to find out how much money you will actually see each month. However, you also need to consider the taxes you’ll need to pay as well.