how starting an online course can make more money

by Mitchell Conn 8 min read

How to Increase the Value of Your Online Course

  • Offer Pre-Course Resources Students will come to your course from many different backgrounds and skill levels. ...
  • Create a Content Upgrade or Lead Magnet People love things they can download. ...
  • Host Live Events ...
  • Offer Written Transcripts ...
  • Schedule Guest Instructors ...
  • Offer Consulting ...
  • Create A Community ...
  • Improve The Production Quality Of Your Courses ...

Full Answer

Can you really make money with an online course?

As you can see, creating an online course can be an easy way to share your passion AND make money. Tell us in the comments what you think you’d like to create an online course about!

How to make money online with a website or blog?

How to Make Money Online With a Website Or Blog 1. Make Money With an Awesome Blog 2. Start An Affiliate Website 3. Build an eCommerce Website 4. Resell Web Hosting 5. Create a Digital Course 6. Create a Membership Site 7. Sell Advertising Space 8. Sell Your Services

How to increase the value of your online course?

A very quick way to increase the value of your online course so you can make more money is by inviting guest instructors or experts to present. The goal of your online course is to educate the students and there’s no better person to offer guidance on a topic than an expert (other than yourself).

How to make money online for long term?

Top 25 Long-Term Strategies to Make Money Online. 1 1. Make Money With a Blog. A lot of people start a blog as a creative outlet to express their views. However, blogs can also be a prominent source of ... 2 2. Join an Affiliate Program. 3 3. Build an eCommerce Website. 4 4. Start Dropshipping. 5 5. Create a Digital Course. More items

Can you make money creating an online course?

Creating and selling online courses can be quite lucrative if you're able to provide great content and reach your target market. Plus, with existing modern platforms, you can launch your course and start making money right away.

Do online courses really sell?

Creating and selling online courses is a booming market internationally. The eLearning market is expected to exceed $325Billion by 2025, 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.

How much can you make doing online courses?

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.

How do you successfully sell an online course?

Start Selling Your Online CourseChoose a subject that sells. ... Create your online course. ... Choose where to host and sell your course. ... Decide how much you will charge. ... Increase the value (and price) of your course. ... Seed launch your online course. ... Market and sell your online course. ... Create a buyer's journey.More items...

How do online classes attract students?

5 Techniques to Attract More Students in Online Classes.Remain active on social media.Give attractive Discounts to your Online Students for Online Courses.Encouraging Students to bring Referrals and Reward them for it.Post Advertisements on the sites of Social Media.More items...•

How do I start a digital course?

Online course launch checklistChoose a “first steps” course idea.Create the course outline and the first module.Make your sales page.Set up a post-purchase thank you page.Devise your sales emails.Create a landing page for your live challenge.Set up a thank you page for your live challenge.More items...•

How much can you make selling courses on udemy?

“I make between $1,500 and $3,000 per month with Udemy,” Brody said in 2018. “I use that extra money for things like travel or big purchases.” With Udemy, your earning potential is unlimited. You decide how much to charge for your course.

How do coursera instructors get paid?

How Much Does Coursera Pay Instructors & Professors? Coursera does not pay any money to the instructors or professors that teach its courses. Instead, revenue is shared with the institution (e.g. university) that hosts that course.

Why do people pay for online courses?

It's convenient Fast food, quick service, easy access. And we're happy to pay to get it! Research shows that many people will pay for premium content. That's not just because it's convenient but also because the content is all in one place, which reduces decision making.

Why should I pay for online courses?

These benefits included pay rise, promotions or even a better job. Even looking at the psychological aspect of it, students get a morale boost after completion of the online course. The sense of achievement and fulfilment brings out a greater meaning for the learning of the course.

Which is the best online course platform?

List of the Best Online Course PlatformsThinkific.LearnWorlds.Teachable.Podia.Kajabi.LearnDash.Ruzuku.WizIQ.More items...•

What are the challenges of online course creators?

As per the survey, 97% of Course Creators said the #1 challenge with creating and selling online courses is Sales & Marketing — The Biggest Pain. It is hard to get people into the system, it is even harder to nurture the leads once they get into the system and turn them into paid students.

How Do I Know if Creating an Online Course Is Right for Me?

Creating an online course can be right for anyone because we are all passionate and knowledgeable about something.

How Can I Create an Online Course for Free?

When it comes to creating online courses, you have a few different options.

Which platform is best for online courses?

I don’t think any one platform is “best.” The quality of your teaching will mean much more than the site you use, so focus more on creating well thought out content that’s easy to follow.

How Do You Create an Online Course and Sell It?

Choose a course topic: Your course topic needs to solve one specific problem or teach one specific skill.

How to Build an Online Course

The best part of creating your own online course is you control everything: learning materials, topic, interaction, and most importantly, revenue.

How Do I Market an Online Course?

Now that you know how to build an online course, it's time to start getting the word out.

The Course is Launched. What Do I Do Now?

Just because your course is launched doesn't mean it's time for you to shop for condos on the beach. There is still a significant amount of legwork that needs to take place after the course‘s launch in order to keep the income stream alive.

Why Should I Create a Course?

Many business owners and entrepreneurs are inundated with around-the-clock tasks that keep them busy, so why should they create a course as well?

How to Build an Online Course: Final Thoughts

Now that you know how to build an online course, it's time to get started.

What is online course marketplace?

Online course marketplaces, while privately owned, are open to the world. They work like supermarkets. So these marketplaces are like Walmart for online courses. They offer different varieties and kinds of courses. What you are after in online course marketplaces is the people traffic, since many people visit these huge websites, you won't have to do any marketing for your course anymore.

What is the most challenging decision to make in making an online course?

Out of all the steps in making an online course, pricing is one of the most challenging decisions course creators are faced with. Many get stuck here because the pricing of your course will determine every aspect of your online course trajectory, which includes the money you will spend on promotions and ads (if you're considering doing this), the types of students your course will appeal to, and of course the profit you will have from the course.

How to build authority on social media?

Use your social media to build your authority and personal brand by positioning yourself as an expert. Update all your bios and make sure that all of them reflect your area of expertise. For example, you can write, "I am a digital marketing expert. I help people achieve their goals in online marketing."

What does zero connection mean?

Since zero connection means zero sales, it is tantamount that you find ways to connect to your client. Newsletter? Email list? Find out what works for them if you are excited to start your online course and you do not have any idea how.

What is important about online courses?

Having one significant outcome in mind for your online course will speak to your specific audience better, and your online course will be up and running in no time! It is also crucial that you consider markets that you already have connections with, such as an existing email list.

Why won't buyers buy your course?

It has to be reiterated again. Buyers won't buy your course because they like what you are selling. They'll buy it because they have a problem that you can solve.

Why is it important to build an email list?

Building an email list is important to keep track of all the audiences and visitors that you attract. Make sure that you provide them something valuable that will entice them to give you their email address. The content you developed above will come in handy. These free resources are lead magnets that are useful in capturing email addresses. You can segment your list, group them together, and place tags. You can create a separate group for active subscribers, and another for those you think you need to follow up on.

Does it have to be an online course?

Nope. Everything I said and am going to say can be applied to any digital info product.

Is having an audience a pre-requisite?

I launched Programmatic SEO when I had 3,000 followers, and I've written extensively about everything that worked well behind the scenes that allowed me to have a successful course launch.

How much money can you make from online courses?

Your course could literally earn anywhere from nothing to upwards of $50K a month.

How to estimate how much you can make from an online course?

To get a pretty good estimate of how much you can earn from your online course, just take your audience size (or estimated audience size), the price of your course, and put them in the above formula using all three conversion rates.

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.

Why do some courses charge a premium?

Some courses can charge a premium because, in addition to awesome content, the instructor offers small group or individual consulting via email or video call. This takes tip #3 to a whole new level since you won’t be speaking to a huge group and taking a handful of questions so much as you’ll be offering individualized attention.

How to increase value of online course?

Another way to increase the value of your course is to create a community around it. This doesn’t have to be a group or forum moderated by you. Many successful online course communities have former students moderate the group or even current students. Facebook Groups or Slack are a couple of easy ways to build your online community. You can add even more value by participating in office hours (#9, below) or having a thread each week dedicated to questions.

How to get the best return on an online course?

To get the best return from your online course you’ll need to make sure that it provides some serious value to users. This means really taking the time to research your competitors to see what their online course offerings look like so you can beat them at their own game.

Can you create an online course?

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. Productized courses make your online course business scalable.

What is scala programming?

SCALA is a programming language that runs on the Java platform. It's popular with just about everyone who builds software that handles large amounts of data. And, no matter what your job is, according to Payscale and Money magazine, knowing how to use SCALA could boost your salary by about 20 percent. If programming is — or could be — your jam, you ...

What is SAS software?

SAS is a statistical analysis software . And, according to Payscale, knowing how, why, and when to use it could get you a significant pay bump. You might think you need to work in finance for this to matter. Apparently, that's not so.

How does learning a language help you?

Learning a language can increase your earnings in just about any field. It might also make you smarter. Studies have found that people make better decisions when they consider their options in a language other than their native tongue. Learn a second language! You will be smarter and richer.

How much did companies spend on mitigating conflict in 2008?

Companies spent $359 billion in paid hours in 2008 on mitigating conflict. Most recognize this is a necessary part of getting things done with humans.

Does it matter if you sell a book?

It doesn't matter if you're selling a book, a class, a restaurant meal, or your embryonic ability to program in SCALA — you have to manage Google ads, search engines, social media, and everything that goes along with reaching web customers. If you are the one at work who can do this, you will rule.

What is the benefit of Hubspot certification?

Another benefit is that the Hubspot certification program is recognized by brands and businesses out there so you can use this skill to negotiate your way to better rates when doing freelance email marketing management work.

What is Hubspot email marketing course?

Hubspot is one of the best platforms out there to learn the ins and outs of digital marketing.

How many parts does Henneke have?

Henneke’s 16-Part Snackable Writing Course is easy to access with just your email address, and you’re in without any other requirement. You’ll receive an email every day, with areas to focus on as a writer.

What is the best platform to learn about digital marketing?

Hubspot is one of the best platforms out there to learn the ins and outs of digital marketing.

What is EDX course?

The course is the first of a two-part sequence: Introduction to Computer Science and Programming Using Python, and Introduction to Computational Thinking and Data Science.

What is the make money online train?

The make-money-online train considers programmers and developers first in line, and learning a programming language to make yourself marketable can rake in the money.

What are the most in demand skills in today's workforce?

Next to data science, information design, and data visualization are some of the most in-demand skills in today’s workforce.

How many parts is the copywriting course?

From Enchanted Marketing, the award-winning brand behind copywriting mastermind Henneke Duistermaat, is this 16-part, 100%-free writing course. This online course includes digestible, easy-to-understand writing tips in exchange for your email address, no questions asked or requirements. For the next 16 days, you get an email with different areas to focus on as a writer.

What is Hubspot Academy?

Through their HubSpot Academy, they offer tons of valuable courses that teach you concepts like inbound marketing, social media marketing, and content marketing.

How much does transcription make?

Did you know that transcription can earn you up to $75,000 a year? Not too bad for a flexible career that lets you not only work from home but live your life on your terms. Transcription builds around your life, not the other way around. You can set your own hours and work as much or as little as you want. You can completely build your life.

What are the most in demand skills in the 21st century?

Some of the most in-demand skills in the workplace in the 21st century include cloud computing, artificial intelligence, and data visualization. With the extra time you’ve got on your hands now, you can aim for a future-proof career by learning the ins and outs of infographic design through Easelly’s Crash Course in Infographics.

How long is the marketing infographic course?

All without design experience. With 15 lectures lasting for roughly an hour, this course is for anyone who needs to convey a story, idea, or concept in an easy-to-follow visual form.

What is Python 3.5?

This comprehensive course from EdX is ideal for you if you’re planning to learn computer science and use Python 3.5 to solve real-world analytical problems (that is for the company you want to work for or the system that you want to build for your next big idea).

Is data science a good career?

A job in data science is also one of the highest-paying in the tech field, especially where remote work or freelancing is concerned.

How much money will eLearning make in 2026?

Being projected to reach $336.98 billion by 2026, the eLearning market is another industry you can jump into to make money. Besides helping other people improve their quality of life, you get to make good money in your free time.

What is Ubertesters?

Ubertesters – focus on mobile apps and game testing. UserTesting – offers usability testing projects. Testbirds – for digital products, including eCommerce stores, chatbots, and games. Userlytics – in addition to testing websites and apps, it offers projects focusing on reviewing video commercials.

What is affiliate marketing?

An affiliate marketing program connects affiliates and advertisers, offering a commission for each sale made through affiliate links. Such links are promoted on social media or the affiliate’s website.

Why do you need subscriptions?

The subscription system makes for a robust passive revenue source, as members have to renew their membership plan to maintain their access privilege. It will also help you establish an online presence and foster an ideal audience base for upselling.

What is the used car market?

Once you make an inventory of the items you want to sell or rent, host a garage sale or list them on online marketplace s. If you plan to make a living off of renting out items, consider building a website to host your own online store for greater reachability.

Why do people start blogs?

A lot of people start a blog as a creative outlet to express their views. However, blogs can also be a prominent source of income and a way to establish a personal brand, like Eartheasy and Say Yes.

How much does a micro job pay?

A micro job is a short-term, temporary job that pays per task completed. The pay is low, averaging from a couple of cents to $50 per task. However, micro jobs generally take from minutes to a couple of hours to complete, giving you the freedom to do multiple tasks in your spare time.

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