how to make money from providing a course online

Ways to Make Money Via Online Courses

• 1. Charge Up-front Fees for Courses Since online courses do not necessitate meeting in person with your audience, you can introduce up-front fees for those interested. ...
• 2. Use the Subscription model for recurring fees ...
• 3. Charge for Course Certification ...
• 4. Charge Extra for Downloadable Course Materials ...
• 5. Offer a Tier Payment System ...
• 6. Offer Premium Consulting ...
• 7. Pre-sell Online Courses ...
• 8. Sell Course Licenses

Full Answer

How much money can I make selling online courses?

How much can you make selling courses online? You can make anywhere from $1000 to $100,000 or more per year selling 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 much should I charge to create an online course?

It can cost anywhere from $200 to $10,000 to create an online course. The main source of expenses is the labor involved, followed by the equipment and software. If you are creating the online course yourself and not paying someone else to do it, this means that other than your time there are very few expenses involved.

How do you make a course and sell it online?

10 Steps To Creating A Wildly Successful Online CoursePick the perfect course topic.Ensure your course idea has high market demand.Create Magnetic and Compelling Learning Outcomes.Select and Gather your Course Content.Structure Your Modules and Course Plan.More items...•

How much should a mini course cost?

Create a mini course You can make your customers happy with a mini course at a low price range of $10-$50. It also is a fantastic marketing solution for busy side-hustle creators who don't want to spend long hours preparing an online course.

How long does it take to create an online course?

It can take anywhere between 3 days to 2 months to create an online course, assuming that you are working on it full time. A mini-course covering a very narrow topic can be produced in only 3 days or less, while a complete in-depth 20h masterclass covering all levels can take several months to produce.

How do I become a 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.

What does udemy pay instructors?

Reality Check – Typical Udemy Instructor EarningsEnrollment rangeNumber of CoursesEarnings at $10 per enrollment, organic1,001 – 5,00013,352$5,005 – $25,0005001 – 10,0004,516$25,002 – $50,00010,001 – 50,0003,601$50,005 – $250,00050,001 – 99,99967$250,005 – $499,9953 more rows

How do you structure an online course?

0:041:41How to Structure an Online Course - YouTubeYouTubeStart of suggested clipEnd of suggested clipOnce you determine the starting and ending points organize your curriculum to take the student fromMoreOnce you determine the starting and ending points organize your curriculum to take the student from point a to point b in a logical sequence. Let them know when they hit milestones.

How much does it cost to create an educational course?

At an estimated 80 to 280 hours required to develop a 1-hour course, you can expect to pay roughly $5,850 USD to over $15,000 USD to get a fully polished course, in addition to the cost of your Instructional Designer (ID) and SME.

What is the average price for a course?

The average total cost per credit hour at any public postsecondary institution is $785; the average cost per course is $2,355. The average total cost per credit hour at any public postsecondary institution increased 2.5% year-over-year (YoY).

How do you market an Ecourse?

How to market your online course after it's publishedPromote your course on your blog. ... Start a YouTube channel. ... Publish a course promotion video on YouTube. ... Add student testimonials to your course sales page. ... Include a link to your course in your email signature. ... Add a course page to your main website. ... Build an email list.More items...•

How much are Coursera courses?

Coursera Courses can be accessed for free, Guided Projects start at $9.99 and Specializations and Professional Certificates from $39.99 a month. A Coursera Plus subscription is $399 per year* and Full degrees start at $9,000.

How Much Money Can You Make Selling Online Courses?

Do online courses make money? Yes, they can. How much you can make depends on a few factors.

Why do people create online courses?

Creating an online course is a great way to share your valuable knowledge and skills with others. If done properly, it is also a tool to make money selling your courses online.

What are some good learning platforms?

This will give you a clear indicator of the topics that learners are interested in. Some good learning platforms worth checking out are Udemy and Coursera.

Why are certifications important?

Certifications are valuable to students as they provide a way to validate their skills to others.

What is a survey in a course?

Surveys are a simple way to validate a course idea. You can use a survey to ask your audience directly if they would find value in a particular topic.

How to learn what people search for?

Start with keyword research. By performing keyword research, you will learn what topics people search for, how often they search for them, and how this trend is changing over time.

What is LearnWorlds course platform?

With the LearnWorlds course platform, you can create interactive videos and other types of gamification elements to engage your students.

How to create an online course

Online courses are a great way for creators to build a following of dedicated supporters, create and reuse content, and make a recurring source of income. The process of building an online course doesn’t have to be hard either, as long as you take the appropriate steps to plan how you’ll do it.

Tips for how to make money selling online courses

Making money creating online courses is not a simple endeavor. But when you have taken the right steps planning your approach, it can be a lucrative business that gets easier with time.

Create your online course on Mighty Networks

We’ve talked about a lot of strategies for how to make money selling online courses and the best place to do that is on a Mighty Network.

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We’ve covered a wide range of ideas for how to make money selling online courses. The biggest take away though is having a wide range of tools at your disposal and a clear plan from the start will make your journey a lot smoother.

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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 do you give free courses?

You may also opt to give it for free for various reasons, such as when your course is a bonus to another course purchase, or you want to onboard new buyers, or you simply want to generate leads.

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."

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 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.

How to make money off of free courses?

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. Create a course about how to use them. Or maybe you’ve written a self-help book: offer your course as a free perk to anyone who purchases it.

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:

Why do we pay one off fees?

A one-off fee at the beginning of a course is usually the easiest for learners to understand— and the easiest to implement. It also fits in better with the model most of us have for paying for education. We’re used to paying for courses up-front. It’s easier to justify, and it’s less intimidating than an idea of a recurring payment that never ends.

Why are up front fees so important?

Up-front fees also make it easier to sell more courses later on. When your learners are already paying a monthly subscription, they may hesitate to pay more because they feel they’ve already paid their dues.

How to gauge the value of a course idea?

A quick way to gauge the value of your course idea is to ask yourself: how often do people ask you for this information? If you’ve ever given a talk on a subject, pay attention to the interest levels of the audience . Did you field a lot of questions from the audience? Had you answered those questions before in other contexts?

Can you charge for certification online?

Given those benefits, charging for certification only could be the easiest way to sell your course online.

Do you have to market your course?

You’ll still have to market your course to the businesses and institutions who might want it, and you’ll have a longer sales cycle. But you’ll also get to charge more, and it can remove some of the management tasks from your schedule.

The Most Profitable Way For You To Sell Courses Online

We’ve seen a major shift in how people sell courses online. One that has made courses more profitable, easier to run, and retain more students long term.

How To Sell Courses Online In 2022

You’re going to start by taking a “zoomed out” look at your online business and define the niche you’re going to create tutorials for. As our founder, PJ, always says:

How Your Book of Memories Transformed Her Business By Moving To Uscreen

Your Book of Memories (YBM) is a business that teaches people how to build DIY memory albums through high-quality instructional tutorials.

Feeling Inspired?

Sell courses online. Reach the people you want to reach. Spread the messages you want to spread. Make the money you want to make.

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 the best job to make fast cash?

If you have basic technical skills and a keen eye for website design and development, consider becoming a website tester. Testing websites is one of the best freelance jobs to make fast cash. Plus, website testing jobs make for a good starting point for newbies looking to enter the web development industry.

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.

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.

How much money will the gaming industry make in 2020?

The global online gaming industry generated $21.1 billion in revenues in 2020. Besides selling gaming experiences, games also offer the opportunity to make money online. Anyone with an internet connection can do it.

Why is the internet so popular?

Nowadays, the internet makes nearly everything accessible, regardless of your location or device. That’s why online job and business opportunities seem appealing to people looking for a side hustle or a way to make easy money.

How to create a popular course?

What are the aspects that people praise, and what are the things people hate? How can you create something better than what’s already been created? Focus on creating content that solves the biggest complaints while emulating the positive aspects people rave about.

How much does user testing cost?

If you’re passionate about user experience, User Testing pays reviewers $10 to give other entrepreneurs feedback on their websites and apps. That’s one fast way to make money online. You’ll be given a set of questions that you need to answer as you browse through their website.

How to become a tutor?

Having a degree or experience in a language is essential for this type of job, so showcase your degree, high grade average in a course, or other proof that you’re qualified to tutor that topic. If you have a teaching degree, you may be more likely to land a tutoring position. If you’ve spoken at a conference or event about the topic, you might also be considered for an online tutoring, teaching, or mentoring position. Focus on tutoring in your field of expertise. If you’re not the best, you probably shouldn’t be tutoring on that specific topic.

Why do marketers use freelance platforms?

These days, marketers are using freelance platforms to find affordable developers to create apps for them.

How much money does Jeffree Star make?

Another high earner is Jeffree Star, who’s made more than $18 million on YouTube and has a cosmetics brand that sells about $100 million in products annually. His YouTube (and Myspace) fame helped him use his influence to make money online beyond his YouTube earnings.

Can you make money with coupons?

When money is tight, using coupons can help save you a few bucks. However, with websites Coupon Chief, it can also help you make money online. Such websites offer a Pays to Share program where you’ll receive some percentage of sales from the coupons you share on their platform. You’ll need to add coupons that haven’t already been shared. In return, you’ll make a 2-3% commission.

Can I hire a writer for my ebook?

You can choose to hire a writer for your ebook, a graphic designer to design the cover, or a freelancer to format the ebook for you to help minimize the work you need to put into it. It’s best if you focus on keywords based on popular searches on Amazon. I often use the Keyword Tool, which allows you to find the words people use while searching so you can craft your title around it.