With online education becoming a thing nowadays, it is better to start researching on how to create an online course. Online Course Creators can choose to be passive income earners or make it full time by giving up on their day jobs. Studies have found that online course instructors can earn thousands upon thousands of dollars each month from posting their courses on online learning platforms. There are, however, a lot of factors that you have to decide first. For example, the age-old debate of where to sell your online course (Teachable vs Thinkific) comes in.
Some anecdotes even state that they earn a huge amount overnight just from the sheer number of interested students who want to learn more about their offered topic.
Let’s face it. Not everyone has day jobs that can provide us with the cash that we need for all of our expenditures. Often, we fall short or have to work double jobs just to make ends meet. Becoming an online course creator will help solve this problem. After you create your course, you can simply sit back and relax while your course rakes in the additional dough for you.
This occupation is also great for at-home moms with a lot of free time. All you need is a laptop or a computer which can run the necessary tools for you to create an online course.
By the year 2023, it is projected that online courses will be earning a revenue of over 240 billion dollars on a yearly basis. This is a huge opportunity to be a part of and it would be foolish not to partake in it, especially if you are knowledgeable on a wide variety of topics.
Here are the steps on how to make money as an online course creator. You can thank us later for it!
Choose a Course Topic
Before you start researching on the marketing strategies that would go into selling your online course, you need to first choose a course topic. Make a list of the things that you consider yourself proficient in. It could be a useful skill related to your job (Microsoft Excel, Photoshop, Social Media Marketing), a hobby that you’ve learned over the years (Photography, Watercolor Painting, Quilting) or any academic topic (Math, Philosophy, Quantum Mechanics) that you have complete mastery over. The more mastery you have, the better as it would mean you can create an information-loaded online course.
Do Extensive Market Research
No matter how good you are at your chosen topic, it would be for nought if there is no one interested to be your student. Do extensive market research first on whether there would be a lot of interested students who could afford to buy your course. You should also take into consideration where you will be uploading it. Check out which online learning platforms provide the highest commission rate with the best reach.
Choose The Best Medium For Your Online Course
An online course allows you to use a lot of mediums for your online course — text, animations, video, worksheets, infographics, posters, audio, etc. Whatever you think would be the best medium to deliver the information that you know.
For example, if you are going to be teaching Quantum Mechanics, just plain text would not do. Because of the complexity of the subject matter, you would need a combination of different mediums which will help you convey the topic as fast as possible.
Create Your Online Course
Now that you’re done with all of the behind-the-scenes stuff, it is now time to do the backbreaking part — creating the actual online course. You need to make sure that the online course is up to par with your student’s standards. You owe them a properly-created course that will teach them the topic that they signed up for.
Aesthetics is important. You don’t just create your online course by dumping all the information that you have on a word document. Just like actual professors, an online course creator should also exert some effort into getting the interest of the students.
Before uploading your online course, make sure that everything is error-free. Not only would it be unprofessional but also unfair for your students that paid for your online course. By guaranteeing that your online course is perfect, you also improve the chances of your students returning.
Track your Subscriptions and Expenditures
There is a saying in the business industry: You have to spend money to make money. While this holds a lot of truth to it, it should also be noted that you should track these expenditures. When you create your online course, you would be subscribing to a lot of software and firmware. This means that you should take care of your subscriptions before they charge you.
Update Your Online Course Regularly
The road does not end there when you upload your online course. What you should do is to update your online course regularly to ensure that all the information in the course is up-to-date. There might be some new revolutionary breakthroughs at the field that might greatly improve your course.
Use Legitimate Tools For Your Online Course Creation
Nothing screams unprofessional more than an online course that is riddled with glitches and errors. A video that is poorly made will also strike out not only as unprofessional but also cheap. This might further discourage your students to become repeat or loyal clients.
What you want is to present your clients with a good experience. That means high definition videos, aesthetically pleasing graphics, and high-quality recordings. Use only legitimate tools so as not to compromise the quality of your online course.
