The world around, Education is a big business. People go to colleges and attend universities to get a degree. However, not all people can attend regular colleges and universities because of cost involved. They may also not be able to attend colleges and universities because they don’t have time as they might be involved in income generating activities. Even though people may not afford classroom education, or may not have time to go to college and university, they still want to study and enhance their knowledge and skills. People still want to improve their skills and gain knowledge so that they can earn better and improve their life.
Online education is cheaper than regular colleges and university. Therefore, there is a huge market for online education.
If you are interested in starting an online business here are a few tips:
Create a learning website: Build a website and create short term and long term courses on various subjects. If you are not an expert on these subjects, hire teachers to create courses.
Create a mobile learning app: Because of their size, portability, and usefulness people mobile devices are being used by billions of people the world over. Mobile traffic covers 55 percent of the global web traffic in the first quarter of 2021. Just imagine how big the market is. Since it is easy to use a phone, people will prefer to attend a course on a mobile phone instead of website.
You can create mobile learning app and offer academic and vocational courses. Mobile learning app can be a better option that learning website because people can take the course on go.
Create a course and sell through e-learning marketplaces: This is the easiest methods, compared to the two options mentioned above. If you are an educator specializing on one or two courses, you can create courses and sell by e-learning marketplaces like udemy, skillshare, etc.
Publish your course on YouTube: More than 122 million people in the US visit youtube every day. Globally, people spend more than 1 billion hours on YouTube every day. There are more than 2.3 billion active users on Youtube. Imagine the reach you will have by publishing your course on youtube. You can earn from ads on your video, you can also earn from Pateron.
Launch a Zoom class: Forget about creating a learning website, e-learning app, selling on e-learning marketplace or publishing videos on youtube, Zoom can be the cheapest and also the best option.
How to Make Money By Creating and Selling Online Courses
If you are a professional, you surely have something to teach. If you have knowledge on a certain topic, you can put time and energy into creating a tailor-made course. The best thing about creating and selling courses is it is a passive income source. The only thing you need to consider is how to bring more attention to your course.
The best way to make money through a course is to presale the course. This will allow you to see if there is a demand for the course, and also find out whether people actually want to enroll in your course
What kind of courses you can create and sell
What kind of courses you can create depends on your skills, knowledge, and expertise. If you don’t know or have never built a website, you cannot create a course “Build a Website for Home Business,” however, if you are using Instagram and if you have managed to build a huge following on Instagram and also make money on Instagram, you can try creating “Build 5 Figures Instagram Business in 8 Weeks.”
Where to Sell Your Course
You can sell your course on learning sites like Udemy or sell through your own website. Udemy is a big brand, so it might be easier to sell on Udemy but you have to pay them a commission.
(First published on Forum Coin in a byline Mika)
