It is advisable to set different prices for each pack with a difference of 3 to 4 euros/dollars/pounds. You should charge less money for a pack of 5-10 classes than for an individual class. This is the best way to encourage students to book more hours with you in the long run.
Full Answer
If your eLearning course is one-of-a-kind and covers a topic that has never been dealt with before, then you may be able to charge a higher price. However, this is only true if there is actually a demand for the eLearning course.
A key factor that makes e-learning so attractive for associations and other organizations that sell education is that, in theory, it offers an opportunity for driving down costs substantially, thus creating the possibility of higher margins by managing the bottom end of the spread.
Summarizing what we’ve learned so far: when pricing online courses, set the cost of your course based on the value you are providing and the transformation you are helping your students achieve.
The length of your eLearning courses also plays an important role. For example, an eLearning course that consists of 10 half-hour lessons is worth more than a one-hour eLearning course. This is known as the “perceived value” of the eLearning courses.
The cost of an eLearning program typically costs between $200 and $900 for every minute of completed eLearning, but depends on several factors, including: Which eLearning level you choose (Level 1, 2, or 3) Whether your eLearning has professional voiceover.
The length of your online course should not be a determining factor in setting your course price. Price your course based on the value of the content, not the length of the content. If you can teach someone to get the result they want with 3 hours of instruction, don't create 7 hours worth of training.
The method goes something like this: you estimate the number of hours it will take you to complete, then you multiply this with your hourly rate. Don't start here. Using your hourly rate will often lead you to price your course too low. Using your hourly (or daily) rate focuses on the fee rather than the value.
Price of an Online Degree Nearly every institution will have program-specific fees and tuition rates. Among 170 public ranked colleges, the average cost credit hour for online college is $316 for the 2019-20 academic year. Among 168 private ranked colleges, the average price per online credit hour is $488.
Make your baseline price higher than you think We're just going to lay it out: Consider pricing your online course at least $100. Because you've validated your idea, acquired an audience, and developed your course, you already know it's valuable. A good baseline price for a course is $100, if not more.
One way to calculate your time and workshop cost is by dividing your hourly rate by how many people you want in your workshop. If you want 10 people for a one hour workshop and you charge $250/hour, then you can charge $25/person + travel expenses and materials (this will make the price jump up to $30-$40/person).
Webinar pricing for a robust webinar platform ranges anywhere from $150 USD per month to $500+ USD per month depending on your package and unique needs.
Among the last best ways to sell training content online is to tap into your community of users and have them recommend your courses and learning materials to their own circles or through social media and other channels. People often buy online training content based on the recommendations of others in their community.
Most experts confirm that a good length for a web-based course is somewhere between 15-30 minutes. This traditional opinion builds on psychological research, specific content patterns and, more often than not, gut feeling.
Report Highlights. For public 4 year colleges, when tuition and the cost of attendance are compared between an online degree and an in-person degree, the online degree is $10,776 cheaper. Private institutions on average charge $58,560 for an online degree vs $148,800 for an in-person degree.
To calculate your cost per credit hour, you would calculate as such:3 credit hours x $600 per credit hour = $1,800 per class. ... 15 credit hours x $600 per credit hour = $9,000 per semester. ... 3 credit hours x $150 per credit hour = $450 per class. ... 15 credit hours x $150 per credit hour = $2,250 per semester.