where do online course prices come from

How do you Price an online course?

Aug 23, 2021 · The price of your course has a direct impact on virtually every aspect of your online teaching business – from the type of marketing you can do to promote your course, to the type of students your course attracts, the amount of support and attention you can provide to your students, and of course, the amount of revenue you can generate from your course sales.

Does the length of my online course affect my course price?

Nov 05, 2021 · Out of 12,818 creators, the average price of a creator’s first online course sale is $157. The median selling price of a creator’s first online course is $89. The mode value of a creator’s first online course price is $97. The standard deviation for an online creator’s first course price is 185.

Should you price your courses based on competitors’ prices?

Jun 20, 2020 · In 2021, 1 hour of learning content can cost about $8,542 – $36,320 ($22,431 on average). In the table below, you can see how numbers evolve during the last couple of years. We observe a rapid increase in costs for 1-hour complete learning content during the 2017-2020 years. Year. 1 hour of eLearning content costs, $.

Should you offer free or paid online courses?

Aug 30, 2013 · Each university online course cost around $300 or $400 per credit hour. On top of that, several classes had application fees in the $30 …

How do you decide how much to charge for online classes?

Is it worth paying for an online course?

How much money do online courses make?

What is the market for online courses?

Can I put online courses on my CV?

Are Harvard online courses valuable?

Can I make money selling online courses?

How do you sell a course online?

How do you make money from a webinar?

What is the market size of online courses today?

What has increased the market demand for sophisticated online learning courses?

Who is the largest e-learning market in the world?

The pricing conundrum, solved

Picture this: you’re getting ready to host a garage sale. You start putting your stickers on items, then freeze.

How we sourced online course pricing data

If you’d rather jump straight into the pricing data, you’ll want to skip down to the next section where we talk about the averages we found. But if you’re like us and want to know more about the data, here’s how we handled it.

How to price your online course

If the average price -- $182.59 -- doesn’t have much statistical value for us due to the distribution, where do we go from here?

Making more sales: Promoting your product

No matter how great your course is, you’re not going to see the sales you want if you’re not putting in the work to market your online course.

What is online course development?

Online course development is a complex process, and the price of course creation can vary depending on learning platform, course content, eLearning industry, and other factors. If you want to get a detailed cost analysis research for your eLearning project, pleasefeel free to schedule a demo. Tweet#N# .

How long has Sergiy been in eLearning?

Sergiy has 18 years of experience in eLearning and management. Creating educational programs, career paths, online and offline courses he is making the educational world better as a co-founder of RG.

What is an online course?

Simply put: An online course provides a shortcut to an outcome. Without your course, your audience might spend ten times the amount of time sifting through information on their own. Perspective is your selling point.

How to charge more for a course?

Go on and charge more 1 Your revenue goals will be easier to meet. Selling a course at a low price point, requires you to enroll more students to reach your income goal—meaning you’re spending more time acquiring new clients. If you charge a higher price, you’ll be able to meet your goals quicker and better use your time. 2 A smaller group makes for a better course experience. If you’re only dealing with 15 students as opposed to 50, those students will get more of your focused attention. This is ideal for securing repeat customers as well as potential referrals for your business. 3 Premium pricing increases engagement and communicates value. Pricing your course or coaching session at a premium, ensures students see their purchase as an investment—and one they want a return on no less. 4 Secure—and weed out—students. If your course is priced too low, you’re likely to get a number of students who aren’t quite your target audience and will likely drop off or not purchase again. Those who will succeed and get the most from your offerings will be more than happy to pay more and thus are more likely to make another purchase.

How to increase the value of a course?

Think beyond the basics and… 1 Create a content upgrade. Consider creating an editable worksheet as a lead magnet that your students can refer to and fill out while they go through your curriculum. 2 Host live Q&A’s. Schedule a few throughout the life of your course for different times of day so you can capture as many of your students as possible. You can increase the value of your course by several hundred dollars depending on how often you host your Q&A’s. 3 Offer coaching. Offering one-on-one online coaching throughout the course to increase its value. Thanks to the ease of scheduling with our coaching feature, you can easily increase the value of your course by hundreds of dollars by offering personalized consulting. 4 Create a community. Create a Facebook group or a community on Slack as an added value to your product. From there you can decide how tightly monitored your community will be. 5 Improve the production quality of your course. Increase the value of your course by several hundred dollars just by improving the production quality of your course. Thankfully, you can create a great studio set-up at home without spending a ton, making this a great ROI for you.

Why is selling a course at a low price point important?

Your revenue goals will be easier to meet. Selling a course at a low price point, requires you to enroll more students to reach your income goal —meaning you’re spending more time acquiring new clients. If you charge a higher price, you’ll be able to meet your goals quicker and better use your time.

What is pricing tier?

Pricing tiers make your course accessible to a larger number of students and to students who may not be interested in all of the bonuses you’re offering. To create your pricing tiers, first decide on which pieces of bonus content you want to offer.

What does charging less mean?

Would you believe us if we said it’s as simple as: Charging less means you make less money. Premium pricing will help you in the long run and has a number of benefits.

How much does it cost to create an online course?

Studies estimate that a professional online course can cost between $5,850 and $15,600 to produce.

How much is the online course market worth in 2025?

In fact, the e-learning and online course market will be worth $325 billion by 2025. Are you ready to tap into this market and sell online courses? You need the best online course platform.

What is Ruzuku course?

Ruzuku allows you to create a step-by-step online course with their learning platform, PDFs, and text in minutes. You can quickly create course outlines, edit and reorder your steps with ease, launch your course, and generate sales in no time.

Is Udemy a good online course?

Udemy is one of the best online course platforms for professionals. The first advantage is that you get access to a large user base. Udemy’s 40 million users are all potential students who will pay for your course. But just because you’re on their platform, it doesn’t mean you’ll start raking in sales right away.

What is Shaw Academy?

Shaw Academy is a platform that gives its students access to professional, accredited online courses. Students sign up for Shaw Academy and get access to all of their long-form courses.

Is Skillshare a good platform?

They have a large user base of creators and entrepreneurs. If you are offering content that would be suited for a creative audience, Skillshare is a great platform to get noticed.

What is Skillshare course?

Skillshare is an up and coming online course marketplace with over 4 million students. With a large user base of creators and entrepreneurs, it is a great option for instructors in creative fields.

Is online learning a growing industry?

Online courses are a rapidly expanding industry and will continue to grow as more and more students turn to online learning. In addition, technology has made it really easy for you to create and sell online courses and so the barrier to teaching online has come down significantly. Dozens of online course platforms exist, ...

What is iSpring Learning?

iSpring Learn is another powerful online learning platform that helps large companies train their employees by offering features like learning paths, advanced gamification, user management and detailed tracking and reporting.

What is kajabi course?

Kajabi is an all-in-one online course platform that allows you to build a beautiful course website, host all types of content including videos, market online courses, deliver your content professionally, and further engage your students .

Does Kajabi charge transaction fees?

Whether you choose the lowest pricing tier or the highest one, Kajabi doesn’t charge you any transaction fee. Kajabi is certainly not the cheapest online course solution out there and its starting price is steep. So it might not work for you if you just want to test waters or if you’re on a tight budget.

What is Teachable?

Teachable is is another robust solution for creating and selling online courses and it is somewhat similar to Thinkific in terms of features and capabilities. Like Thinkific, Teachable is focused on offering only the core features for creating and selling an online course.

Is Teachable the same as Thinkific?

Teachable is is another robust solution for creating and selling online courses and it is somewhat similar to Thinkific in terms of features and capabilities. Like Thinkific, Teachable is focused on offering only the core features for creating and selling an online course.

What is Academy of Mine?

Academy of Mine is another (not so popular) option for creating and selling online courses. It lets you build a fully-fledged website to host your online courses and start selling them.

What is online learning?

Online learning is known as the education that takes place over the Internet. Often referred to as “eLearning”, or “distance learning” – online learning involves the umbrella term for any learning that takes place across distance and not in a traditional classroom. Colleges nowadays use LMS (Learning Management Systems) such as Moodle, Blackboard, ...

Is online learning better than traditional learning?

77% of educators believe that online learning is just as good as traditional learning, if not better. Nearly 70% of all students claim online instruction to be as good as or better than in a traditional classroom setting. 26% of online students claim to learn better online than in a classroom.

Is college a one alternative?

Attending college is no longer a one-alternative path. While in the past, you could only adapt to a schedule set by universities, it has come the time that you can now create your own schedule of lectures.

What is brick and mortar education?

Brick and mortar is the traditional way to attend college, with students coming to campus and attending class in physical classrooms.

Why are online programs bad?

Some of the cons of online programs may involve a lack of determination, low retention rates and less social interaction. This is most likely the reason why fewer degree choices are offered online than through traditional learning. But if you have the willingness and commitment, you shouldn’t be discouraged.

How many students claim online learning is better than classroom learning?

Nearly 70% of all students claim online instruction to be as good as or better than in a traditional classroom setting. 26% of online students claim to learn better online than in a classroom.

What is a 5:1 ratio?

A 5:1 ratio by which learners differ means that the slowest student takes 5 times as long to learn as the fastest student. 90% of these learners will successfully reach higher levels, but only if given enough attention. Face-to-face instruction is the best approach to providing these levels of attention.

How much does personal training cost?

Personal training has normally been a luxury, with a single session costing anywhere from $50-$100 an hour . Although working with an expert is the most effective way to build a habit of exercising, affordability discourages people from taking that necessary step towards better health.

What is online fitness coach?

An online fitness coach is part of a growing wave in fitness. With customized workouts, your coach will keep you motivated throughout your fitness journey and will you keep you accountable to a plan. However, when choosing the perfect coach for you, you should consider some of these aspects before hiring: ‍. ‍.

How long does it take to get a response from Trainiac?

You trainer should not be limiting their communication with you, for example, through just giving out their email address. On Trainiac we offer availability over voice, video, and text messaging and will get a response within 24 hours.

Can I use my laptop to work out?

In general, laptops and desktops are bound to a WiFi or cord-based connection, which limits the convenience factor. Android Smartphones and iPhones are free to be used anywhere as long as your network connection is strong.

Do computers have high definition screens?

Computers will give you a much greater clarity in pictures—especially with modern high-definition screens. While phones also have high definition screens, the size is much smaller compared to your typical laptop. However, modern smartphones, including iPhones and apps have the ability to be cast on to your television through Apple TV and ChromeCast.