what to charge for putting a course together

by Neha Gislason 9 min read

Calculate what it cost you to produce your course offerings (time and materials) divide that by the minimum number of clients you believe you can sell your materials to and then subtract ten percent to 15 percent. That will give you a baseline to ensure you can at least break even. So what to charge for your development time?

Full Answer

How much should I charge for my course offerings?

Although many consultants do have a minimum hourly rate that they use as a base ($40 to as high as $150 in my experience and I have competed against full course production houses that charge a lot more than that) and then develop the quote on top of that base.

How much does it cost to run a professional golf course?

course books, exercise books and reference material. Some courses may also include multimedia, interactive training modules and assessment tests. The first step when designing a course is to create a plan that defines the purpose of the course, and ties these elements together. Figure 1 – Example of a course outline Define course objectives ...

How much does it cost to create an online course?

Jul 01, 2020 · The cost to achieve the condition players expect — or will tolerate — ranges from about $500,000 a year for a daily-fee course to $1,000,000 a …

How much does it cost to hire a course creator?

Jun 06, 2017 · 4. Let’s start pricing. Now that you know why you want to do something, you understand the value to the client and you’ve thought about the context let's add you into this equation to set the price for your course. - Start with the lowest price you'd do the training for. I call this the resentment number.

How do I decide how much to charge for a course?

How to choose a price for your online course:
  1. Do not price your course based on its length. ...
  2. Take a look at your competition. ...
  3. Quantify the value of the outcome your students can achieve. ...
  4. Test different price points. ...
  5. Consider your credibility/authority in your market. ...
  6. Consider the cost of your customer's alternatives.
Aug 23, 2021

How much does it cost to create a training program?

Depending on what their other tasks are, this could 'cost' the company between $800 and $6,000, bringing the total cost of development to $14,000). In the end, developing your own training program can end up quickly costing you tens of thousands of dollars!May 28, 2013

How much does it cost to create a learning module?

In 2021, 1 hour of learning content can take around 100 – 160 hours to create. In 2021, 1 hour of learning content can cost about $8,542 – $36,320 ($22,431 on average).
...
Wrapping Up.
Year1 hour of eLearning content costs, $
20208,150 – 36,205 (22,178 on average)
20197,830 – 37,365 (22,598 on average)
2 more rows
Jun 20, 2020

How much do online courses usually cost?

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.
Aug 12, 2021

How much should I charge for an online workshop?

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).Aug 7, 2020

How much can you make creating online courses?

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.Jun 9, 2021

How many hours does it take to create an online course?

Depending on the duration and detail of the program, it can take anywhere between 25 – 500 hours to formulate an online course. A mini-course with just 4 or 5 videos you could develop it in a couple of days. An in-depth flagship course with numerous modules and assignments could take eight weeks or more to accomplish.Feb 8, 2021

How much do freelance instructional designers charge?

Rates typically charged by instructional designers on Upwork are: Beginner: $30 per hour. Intermediate: $59 per hour. Advanced: $125 per hour.

How do I create an online course?

How to create an online course
  1. Choose the right subject matter.
  2. Test your idea.
  3. Research the topic extensively.
  4. Write a course outline.
  5. Create the course content.
  6. Bring your course online.
  7. Sell your online course.
  8. Market your content.
Jun 23, 2021

Are online courses cheaper?

Overall, most schools do charge less for online than in-person programs – 80% of public schools offer lower rates for online out-of-state students, and 96% of private schools have cheaper online programs.Mar 31, 2021

Are online courses cheaper than in person?

Taking online courses tends to be significantly cheaper than taking classes on a traditional college campus. The average online student will spend approximately $100-$400 per credit hour in an online course. As an on-campus student, there are often additional costs associated.Oct 22, 2019

Are online classes more expensive?

In general, online learning is a more affordable option, as you'll get a high-quality education at a much lower cost due to the lower overhead needed to operate these programs.

How much does EDpuzzle cost?

Video editing software — There are very simple options, like EDpuzzle ($9.95/month), which help you edit lectures into online videos, and more advanced options, like Adobe Premiere Pro (starts at $20.99/month), which will help you create professional-grade movies.

Why do people shy away from video courses?

Another reason to shy away from a video-heavy course, is the cost of production, which can be quite high. In-course videos can be extremely simple, with a lecturer standing in front of a camera, or they can be elaborate, with scenarios, props and more.

Why is online learning better than traditional learning?

Even better, the benefits offered by online courses include increased student engagement, the opportunity for peer review and collaboration, and the promise of individualized attention , even in large classrooms. There are many reasons to embrace e-learning, ...

Do you need to create a course material for an online course?

Just as you would need to create a curriculum and hire an instructor to teach an in-person course, you will need to create course materials and a lesson plan for an online one. You’ll either need to create the content yourself, have your staff do it, or hire someone else to do so.

How much does it cost to maintain a golf course?

The cost to achieve the condition players expect — or will tolerate — ranges from about $500,000 a year for a daily-fee course to $1,000,000 a year for a private club, estimates Bob Randquist, chief operating officer of the Golf Course Superintendent’s Association of America. But of course, it’s also about location, location, location. Hawaii is, on average, the most expensive state in which to maintain a course, at $1.44 million a year. That’s followed by tracks in the southwestern U.S., where the average yearly maintenance cost is $1.05 million. Because they have such a short season, courses in the north central states come in, on average, at a bargain $556,000.

How do private clubs, which carry a bigger tab, spend their money differently?

How do private clubs, which carry a bigger tab, spend their money differently? More people and equipment. They might, for example, hire a horticulturist to handle the landscaping or a fleet of grounds-crew workers whose lone job is to fill fairway divots. Grooming the course of your dreams? That’s a dream-team scenario.

What do golfers complain about?

As golfers, we complain about the course. Miss a putt and we instinctively touch the green, tamping down a raised ball mark that only our eye can see. Hit it wide off the fairway and we’re likely to comment on the consistency of the rough. Patchy. Burned out. Trampled down. Even if we get to play a U.S. Open–level course like Winged Foot, where the rough is thick and pristine, we’re likely to complain that it’s too thick! And then there are bunkers, where golfers are apt to note that the sand is different from hole to hole. Send it flying over the green? Not a bad swing — no sand in the bunker!

What is the most important thing in a golf course?

The greens. They are the most essential element of any course, but because of labor and equipment they are also the most expensive things to maintain — even if some of our demands are a costly waste. Firm and fast is the golf standard for greens.

How long does it take for a stimpmeter to slow down a golf game?

Every foot of green speed on a stimpmeter slows play by seven minutes per group .

How to start a private workshop?

1. Start with your motivation. It’s tempting to start with what you’re doing and the price but resist that temptation. There are many reasons you might want to offer a private workshop. Get clarity by asking yourself why you want do this training.

Do technical trainers charge more?

Technical trainers can often charge a higher premium than someone who offers training in other areas like say marketing or even leadership. Take into account the local area. If you live in a big, expensive city, the prices are going to be higher than if you live in a small town or suburban area.

Can you have more than one goal?

You can have more than one goal but be careful — having too many goals can make pricing your course much harder as they compete with each other. 2. Understand the value from your client’s perspective. Here’s a common mistake: using your hourly rate for pricing.

How much does it cost to take in pants?

Taking in or letting out a pair of pants or a skirt — the price depends on the lining. If the garments aren’t lined, then the price is about $15. If they are, then expect to charge about $20. Moreover, if there are any zippers involved, then it has to be more than that — about $25.

How much does a wedding dress cost?

Wedding dresses — anywhere from $1000 up to $5000, depending on the design and the embellishments.

How much to change a dress?

Still, the prices will depend on the type of alteration at hand. On average, these are the prices for the most basic changes anyone could ask for: 1 Restitching a frayed seam — $5 2 Shortening dress-shirt sleeves — about $19 3 Hemming a dress or a skirt — $10 to $14 4 Taking in or letting out a pair of pants or a skirt — the price depends on the lining. If the garments aren’t lined, then the price is about $15. If they are, then expect to charge about $20. Moreover, if there are any zippers involved, then it has to be more than that — about $25. 5 Button replacement — about 50 cents per each button. Also, moving a button would cost about $2. 6 ​Shortening pants — the prices will depend on the design of the pants. Usually, it is anywhere from $10 to $18. 7 Altering a leather jacket — about $75; if it just needs restitching, then about $25.

How much does a seamstress charge for each patch?

In general, a seamstress should charge at least $3 for each patch, but even that is not enough. This sort of sewing requires one to be quite precise, so extra effort is a must. Up to $10 is a good price if we are using a sewing machine.

How much does it cost to make a sewing pattern?

Thus, we have to charge a lot for our sewing patterns. If the designs are simple, then anywhere from $150 to $250 would do. However, if the design is elaborate and it took us a long time to make it, then anything below $1000 is selling ourselves cheap.

How much does it cost to replace a button?

Button replacement — about 50 cents per each button . Also, moving a button would cost about $2.

How much does it cost to sew a skirt?

If we are working off a pre-made pattern, then we can charge for our skirt-sewing services about $35 if the skirt should have an elastic waistband. More structured designs will obviously cost more. In essence, the price should start at about $40 and go up as the designs get harder and the fabrics heavier.

What to consider before setting a price for a consulting?

Before you set a price, ensure you understand everything that the project entails. If you’re offering a 1-hour consulting session, consider the amount of prep work necessary and if your client will be able to send any post-consultation follow-up questions. These might seem like small additions, but they can start to add up quickly.

Why is it bad to set consulting fees?

Setting your consultation fees is the best and worst part of running a consulting business. It’s the best because you get to decide your worth (not management or HR)—and it’s the worst because you likely hate talking money with your clients.

What to do if client accepts your rates as is?

If a client accepts your rates as is, great! But, sometimes that doesn’t happen, and that’s okay. Guide the conversation into negotiation instead of turning down the project right away. And if you foresee further business with the client, try to be flexible.

What is retainer fee?

Working “on retainer” means you receive a monthly fee for working a certain number of hours or performing routine tasks. Retainer fees can be wonderful for your consulting business as it’s income that you can rely on and plan for (a rare commodity in the freelancing world).

Why is it important to charge by the project?

Charging by the project is more aligned with the value-based pricing model we’ve been discussing. Fixed fees create a more straightforward workflow (as you don’t have to be worried about tracking hours), but this structure can be tricky due to scope creep and the natural tendency to underestimate how long a job will take.

How often should your pricing structure change?

Your rates should change (preferably upwards) every year as you gain experience, build your portfolio, and prove your worth. Return to these steps as you scale your business.

How to determine per project rate?

The best way to determine your per-project rate is to figure out how many hours you estimate the job will take. You can make an educated guess based on your knowledge of the subject and how long it’s taken you to complete certain tasks in the past.

What is a good race course?

You will want to have a race course that gives runners a unique experience. This could mean a nice gentle downhill course , or perhaps conversely, a challenging uphill one, depending upon the demographic you want to cater to. Often runners want a route that is flat or gentle downhill, so if you want to draw more participants, it is ideal to avoid hills. If it is necessary for you to minimize expenses, you may want to have an out-and-back or a loop course to avoid the expense of transporting runners. You can use our FREE race map creator to figure out different course options, and look at the elevation chart change as you alter the route.

What to consider when choosing a race registration service provider?

Keep in mind that the registration process is the most important part of your customer’s online experience. The online fees impact the total cost of running your event, so the lower the fees the better.

How to advertise a running event?

Sometimes you can do an email trade with another event (they email your runners if you can email their runners). There are limitless ways that you can advertise your running event. The most important thing to consider is who your main audience is and where or what is the best means of getting in front of them. The second most important thing is what message to present to this audience. You need to give them a message that is compelling and concise. You may want to create a press release about your new event, or if it is not new, make a press release about any changes you have for this year. It is wise to try to have your race listed on ever online race calendar you can find. Start by including your race on our calendar today .

Why is it important to have less pages in your registration?

Fewer pages in your registration process makes it easier to complete registration forms, and you will make more money. Online fees can vary widely among different providers. Compare top race registration providers rates, and benefits. If playback doesn't begin shortly, try restarting your device.

What to include in a race?

Runners prefer food on the route that can be eaten easily and digested quickly. If possible, try to include food in your finish area that is high in protein.

How to sponsor a race?

Spend some time contacting local businesses to see if they would be willing to provide products or services that might help improve the quality of your race. Some of these local businesses may even be willing to contribute money for your event sponsorship. It might be wise to make a marketing flier with tiered sponsorship levels that they can pay for. Some sponsors may be more likely to sponsor your race if you benefit a charity that they are connected to.

What to consider when planning a 5k?

When planning your 5K it is important to consider your options for a location at which the race will be held, the characteristics of the course that you wish to have, whether or not you will implement a theme to your race, and if it will be associated with a charitable cause.

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Know Who You Are and Who Your Attendee Is

Pricing Example from One of Mari's in Person Workshops

  • As a support, I will break down my formula using my "From Fairy Tales to Facelifts: Learning to Love the Image in the Mirror" in office workshop that I host and facilitate twice a year for women who are healing heartbreak due to divorce, infidelity or betrayal. NOTE: If you prefer not to reinvent the wheel and are interested in facilitating a workshop that supports women in rebuilding their s…
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Hosted Workshops Or Events

  • I won't get into sponsorship or affiliate relationships in this blog as that is a whole other ball of cookie dough usually implemented with conferences. However, it is important to outline pricing for hosted workshops. For example, I have a couple's communication workshop that I do for 3 hours on a Saturday morning twice a year at a local church. The calculation for this hosted even…
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Webinars: Less Monetary Investment

  • Using my How to Create a Multiple Income Streamswebinar for therapists, I will break this calculation down as a comparison to the other formulas above: 1. Attendee Fee: $250 per therapist 2. Number of Attendees: 15-20 3. Prep Time: Evergreen (I've already created this) 4. Marketing Time: 3 hours 5. Emails and forms and follow up thank you: 2.5 hour...
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Choosing A Learning Management System

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Before pricing out any other aspect of course creation, you’ll need to select a learning management system (LMS). This software manages the delivery of course materials and monitors student completion. Because it is the main framework that students and teachers will interact with, it’s important to thoughtf…
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Do You Need An authoring Tool?

  • Once you have an LMS to display your content, you may need to buy a separate piece of software called an authoring tool, to create your course content. This software combines e-learning materials into a course package, which you can then upload directly to your LMS. Whether you need to buy an authoring tool or not depends on the LMS you choose. Some LMS options, like E…
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Creating Course Content

  • Now that you have the tools to set up your course, it’s time to think about the content. Just as you would need to create a curriculum and hire an instructor to teach an in-person course, you will need to create course materials and a lesson plan for an online one. You’ll either need to create the content yourself, have your staff do it, or hire someone else to do so. This most likely means …
See more on eduflow.com

Video Production Costs

  • Some online courses use only written materials, while others rely heavily on video lectures or demonstrations. At Eduflow we tend to lean away from stand alone video-based online learning experiences. We believe that instead of simply watching a series of videos, students need to actively engage with content and each other, to be held accountable for their own learning. Vide…
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Technical Support For Students and Teachers

  • Any new technology rollout is bound to generate questions and require troubleshooting. If you’re using a proprietary LMS, the company behind it may take care of technical support for you. However, in most cases, you’ll need to provide ongoing technical support for both the students and the teachers who use your course. While30% of universities are able to offer 24/7 technical …
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So How Much Does It Cost to Develop An Online Course? It Depends on Your Goals

  • If you started this piece hoping to come away with a solid quote for creating an online course, you may be disappointed. In truth, an online course costs as much as you’re willing to spend. If, for example, you used a cloud-based LMS like Eduflow, don’t need an authoring tool, don’t produce videos and create your content in-house, you might be able to put together and entire course for …
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