10 steps How to Make Money With Online Courses.
People go online
for a variety of reasons, including for entertainment and socializing. But the
Internet is also used to find information and learn new things. Not sure how to
use a new piece of software? There is probably a video tutorial on YouTube. Want
to know what you can make for dinner with the three ingredients you have in
your fridge? Check Pinterest for a recipe.
If you’re ready to delve into the world of online teaching, here
are the steps to take.
1. Choose a course topic. Make a
list of things you know about. Perhaps it’s something your friends and family
ask you for help on. Maybe it’s a skill related to your job (i.e. how to use
Evernote or how to be productive working at home). Do you have a hobby you can
teach others about, such as watercolor painting for beginners or how to lower
your score in golf?
2. Do market
research. You don’t want to spend a lot of time creating a course
that no one will buy.
Many people might want to know about
your topic, but the question is; are they willing to pay to learn it? Before
you invest time in your course, research who the best buyer for it would be,
and whether or not they’re ready, willing and able to buy it.
3. Outline your course. If you’ve determined
there is a market willing to buy your course, the next step is in determining
what you’ll put in the course. By the nature of a course, the content you
provide should go deep into the topic and cover all important aspects. A course
isn’t like a blog post, which often just skims the surface.
To help organize your course, think in terms of modules and
lessons. A module would be the overall sub-topic, with the lessons providing
the details of that subject. For example, if you have a course on starting a
home business, you might have a module on business plans.
Your lessons in that module would
include “How to determine
your USP” and “How to identify your target market.”
4. Decide the best methods to deliver your lessons. There
is an expectation that online courses will offer a variety of teaching methods,
such as text, video, worksheets, checklists, infographics, audio, and anything
else that delivers information. The trick is in determining what format is best
for what you’re trying to teach. In some cases, you might offer two methods for
one lesson. For example, if you were teaching a course on how to use
Quickbooks, you might have both a step-by-step text instruction and a video
tutorial on how to install and set up the software.
5. Create your lessons. This is the
most time consuming aspect of creating an online course. Consider creating a
logo or a color theme that appears in all lesson content. Proofread your text
lessons and watch your videos to make sure there are no errors or glitches.
6. Determine how you’ll sell your lesson. For
the most control, create a website to host and deliver your lesson. There are
membership site scripts and WordPress plugins that can help you set up a
system for selling and delivering your course.
For faster, less technical effort, you can use an online course
service, such as Udemy or SkillShare. Pay from these sites varies. For example,
Udemy’s instructor pay depends on how the sale was generated (through its
marketplace, an affiliate, or direct from you). The benefit to these resources
is that you simply upload your course and the sites take care of selling it to
their members/market, including payment processing. The downside is that they
own the market and platform. Plus, you’re competing with other course
providers, which can mean the need to reduce the price of your course to
compete.
A final option is a service such as Teachable or Ruzuku,
both of which offer some of the benefits of self-hosted with the ease and speed
of Udemy. These options have easy creation and upload like the course service
marketplaces, but you can add your own domain, and customize your school like
in self-hosted options. Some offer their resources for free, with more bells
and whistles with paid plans. Most integrate with PayPal or you can use their
payment service.
Most of the above options don’t require exclusivity, so you can
sell your course on more than one platform. Even so, be sure to read the terms
of service before offering your course on multiple platforms.
7. Load your course online. Once
you’ve picked your platform, upload your course. If the platform allows you to
customize your course, such as adding a logo or color scheme, add them. This
will help you create your unique brand.
8. Market your course. Regardless
of your platform, you need to promote your course. Even using a service like
Udemy, in which students can find you by perusing the Udemy marketplace, you
want to do your own marketing.
Start by creating a
marketing plan that includes who your market is, where you can find them,
and how you can entice them to check out your course. Great course marketing
options include social media, PPC advertising,
such as Facebook ads, and article
marketing. There are many other free and low
cost marketing options as well.
9. Keep your course information up-to-date. Every
few months or so, check that your course information is current and relevant.
Outdated information doesn’t help your students, and can lead to bad reviews.
Don’t forget to check and fix any broken links to resources.
10. Rinse and repeat. There’s
no rule that you have to stick with one course. If there are other courses you
can teach related to your initial course, create those. You can then refer your
students to these other courses. For example, if you offer a course on how to
write a mystery, you can add an additional course on how to publish a book
and/or how to market a book. You can also create new courses in completely
different areas.
Creating and selling online courses can be quite lucrative if
you’re able to provide a great course and reach your target marketing. Plus,
with easier to use and more affordable resources to host your course, there’s
no reason avoid becoming an online instructor. While it can take time to create
all the lessons in your course, once uploaded, it can become a profitable
source of passive income to your existing business or as a business all on its
own.
Source Article : https://www.thebalance.com/
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