How much you earn by selling courses online?
The need for online education is so high that the online education industry is expected to be worth over $241 billion by 2022.
Huge opportunities have been created by this boom of the online education industry. If you have skills that other people would like to learn, you can turn your experience into online courses and make good money by selling these courses on the internet.
The best thing about selling online courses is that technical skills don’t even have to be taught. You can make money as long as you have a skill that other people would like to learn.
You can, for example, offer online courses that teach people how to play an instrument, speak a foreign language, approach the opposite gender, cook, make presentations on PowerPoint, you name it.
So, how much money would you make by selling courses online?
Data from Teachable, a marketplace for online courses, shows that 18 percent of those who sell their courses on the marketplace earn over $10,000 per month. Therefore, you can also make decent money selling online courses with the correct approach and commitment.
Making money from online courses can be split into two steps:
Phase 1: In a result-oriented online course, produce your knowledge and experience in
You need to bundle your skills, talents, and experience into an online course.
Pick a Subject of Course
Do my peers, colleagues, and acquaintances come to me for help with a particular thing they believe I’m an expert at?
Are there any issues that I quickly overcome those other individuals struggle with?
Am I very skilled at some applications that a lot of people would like to learn?
Do I have a hobby that would interest other people in learning?
Answering these questions will help you to recognize something that you are extremely skilled at. On this ability, you can then base your online course.
Conduct industry studies
If you come up with an online course that nobody is interested in, then nobody is going to buy your course and you are not going to make money.
Therefore, to validate your concept, and assess if there is a demand for your online course, perform some research before you start constructing the online course.
For your course, create an outline
This will help you determine what needs to be covered by your course, as well as how to organize your course. Here, all the appropriate topics relevant to the skills you want to teach should be addressed.
Decide on the format for distribution
Your course content can be delivered in text format, video tutorials, audio format, infographic collection, checklists and worksheets, and so on.
Your course subject as well as your target audience will rely on the best format for your online course. In certain cases, to make your course more successful, you may even have to use two or more formats.
Establish Your Online Course
This is the part where the online course is actually put together and, as such, it is the most intense and time-consuming part.
