how to make income from an e learning course

Sell your online course for free—then funnel it into a product or service. Here’s another way to make money off of “free”: use your course as part of a sales funnel for something else. Maybe you have a side business selling a line of products.

Full Answer

How to make money from your online courses?

1 Easy-to-use platforms have simplified online course creation 2 You can offer courses that complement your existing business 3 Create passive income by re-selling the same online course continually 4 Use an online course to lead customers to your other product offerings 5 Online availability brings in clients from all over the globe

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.

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.

Is your online business making 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:

Can you make money from e learning?

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 do digital courses make money?

7 Ways to Make Money Selling Online CoursesCharge up front. ... Offer the course for free, then charge for certification. ... Charge a subscription. ... Use a tiered payment system. ... Pre-sell your course. ... Sell your online course for free—then funnel it into a product or service. ... Sell course licenses.

How do you make an online course profitable?

Easy-To-Follow Steps To Create A Profitable Online CourseDiscover What You Are Passionate To Teach The World. ... Find A Perfect Idea For Your Online Course. ... Research The Market And Know Your Competitors. ... Strategize On How To Execute Your Idea. ... Create Engaging Course Content And Appealing Learning Outcomes.More items...•

How much can online courses make?

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.

Can selling online courses make you rich?

How much can you make selling online courses? 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..

How can I make passive income with a course?

In summary, to start making money from online courses you simply need to pick a subject, pre-sell the course to make sure your target market is interested, build the course, and set up an automated sales funnel for recurring passive income. That's it.

Can I sell my course on udemy?

Udemy makes money from selling online courses, so it's in their best interest to sell as many courses as they can, and this means they actively promote your courses for you. There is no other website like it in existence. It's the easiest way to make money online in 2016, and it's just the beginning.

How do you make a profitable online course in 10 simple steps?

Part 3 - The 10 Steps To Creating Your Highly Profitable Online Course11 lectures • 54minSection Introduction. ... Step 1: How To Pick The Perfect Topic For Your Online Course. ... Step 2: Check Market Demand: Make Sure Your Course Will Sell. ... Step 3: How To Price Your Course.More items...

How do I start a digital course?

How to create an online courseChoose the right subject matter.Test your idea.Research the topic extensively.Write a course outline.Create the course content.Bring your course online.Sell your online course.Market your content.More items...•

How profitable is Udemy?

Udemy's profit and revenue Although Udemy has not released any year-end numbers, Forbes makes note that two sources close to the company said revenue would exceed $400 million in 2020. Though other sources put their revenue as high as $653.9 million.

How can I make money by learning LinkedIn?

You get them before you actually generate income for LinkedIn, and you “pay it off” as your courses make them money. If you decide to accept the Royalty Advance, you get paid twice: half when you sign the documents, and the other half when your course is published.

How much do teachers make on Udemy?

According to Glassdoor, the average Udemy instructor salary is just over $60,200/year. If you do a quick search online, you'll find instructors making from $200/month as a new instructor up to $17,000/month or more, like Louise from this article.

1. Sell Your Notes

If you’ve always been a dutiful notetaker, you can finally be rewarded. One of the ways you can earn side income to pay your eLearning tuition is by selling your notes.

2. Assist Others With Their Assignments

Getting paid to do other people’s assignment is an industry of its own, with some people making a full time income by doing other people’s assignments.

4. Freelance On The Side

Perhaps one of the most lucrative ways to earn side income to pay your eLearning tuition is by freelancing. Depending on your skills, it takes little time and can be hugely rewarding. For example, there are sites that pay up to $1,000 per article, and most pay at least $50 - $100 per article. For an hour or two of work, that quickly adds up.

5. Become A Tutor

Another way to earn side income with your spare time as an eLearner, while improving your chances of academic success is by becoming a tutor. It helps if you have to tutor on subjects you’re studying; since you can’t really teach others what you don’t understand, and teaching others a subject will actually improve your understanding of it.

6. Volunteer To Be Part Of A Research

You’d be surprised to find out that many researchers are willing to pay you to do what you would have ordinarily done just to have you be a part of their research.

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.

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.

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 LMS in education?

A Learning Management System (LMS) is a software application that is designed to administer, track, and deliver educational courses and training programs. It is focused on online learning delivery and serves as an online content platform, including synchronous and asynchronous courses.

What is the goal of selling a course?

Your goal is to sell your course to a potential buyer. To do that, you should consider a critical aspect of selling: connecting with your buyer. A common mistake that you should avoid at all costs is trying to market your products to everyone. Connecting with everyone means connecting with no one.

Can you make a course on building a website on WordPress?

So instead of having an online course on building a website, you can make it more specific by offering a course on building a website on WordPress. You can "niche it" further by looking into the type of website they are looking to have.

1. Write, write, write!

Okay, I get it, this kind of stinks right? It would be so great if you could create a website and just ask people to buy your knowledge, but that’s not the way the world works. People want free information – and you know, most information should be free. Heck, with resources like Wikipedia in place, it’s kind of hard to offer something for a price.

2. Templates are Gold

Most e-learning professionals don’t realize that the templates they create for their project engagements can be sold for a profit literally the day after. Create a website (and hey, you should write as well… see point #1), and advertise your templates.

3. Create a Learning Portal

People love to learn. If you have something to teach or share, then creating your own learning portal is an excellent way to earn some extra internet profit. Similar to idea #2, you need to create a site. Again, I strongly recommend WordPress, given how well it performs in search engines, but the choice is yours.

About Justin Ferriman

Justin Ferriman started LearnDash, the WordPress LMS trusted by Fortune 500 companies, major universities, training organizations, and entrepreneurs worldwide for creating (and selling) their online courses. Justin's Homepage | Twitter

How much did Coursera make in its first year?

This model was used successfully by Coursera to earn over $1 million in their first year. It seems counterintuitive, because you’re giving the “valuable” part of the course (the learning) way for free. But this can work to your advantage for several reasons:

Can you create content and sell licenses?

Finally, some you can create content and sell licenses to companies that don’t want to create the course themselves. They handle the technical details, the marketing, and the customer service management. All you have to do is create the course and collect the annual licensing fee.

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.

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.

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 will the elearning market be in 2025?

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.

Why do people invest in online courses?

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.

What is needed to create a sales page?

A sales page requires two things, the copy and the design . To write the perfect copy, you will need to understand your audience, what they are looking for and how to convince them. We will be going through that below.

Why is offering a free course important?

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.

What does a good title mean for a course?

Ultimately, the title of your course reflects the name of your brand, your work or training, and can potentially describe you as the best-selling trainer in your field.

What is the difference between learning goals and learning outcomes?

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.

Is LinkedIn a B2B network?

LinkedIn is perfect for B2B courses. It is the top professional network, LinkedIn is perfect for reaching out to the corporate world, promote a course towards professionals and job-related skills.