Simple answer – Yes!
Ok. That’s it then, nothing else to say.
Well, of course, it’s not quite that simple, but online courses can be very profitable.
To sell courses successful, it is important to –
- Be determined
- Willing to make an effort
But firstly though – Why Bother?
Should you bother to sell courses? Aren’t there other ways to make money more easily? Potentially, yes, but
If you want to sell online courses or eBooks and are not currently, then you are missing out on great opportunities to start selling in this rapidly growing industry.
Growing Industry – People
The COVID-19 pandemic changed the way in which we educate children and adults.
- Suddenly, children were not able to go to school in many countries.
- Adults were not able to attend traditional training classes.
- Education became remote and online
This meant that more traditional students, educators, businesses and organisations suddenly recognised the potential of online training.
Distance learning has been around for decades, but it has often been viewed as the Cinderella of the education industry, second best, not as good as traditional education. No more. Literally millions, if not billions of people, are recognising the advantages of online education.
As well as more people studying online for the first time, we also need to recognise that education is now lifelong.
- People change careers more often.
- The world is constantly changing and people need to update and improve their knowledge.
- Reaching adulthood does not mean the end of studying anymore.
This means that people continue to study throughout their lives. This, of course, means a massive growth in the number of people wanting to study courses.
Growing Industry – Comfort
People lead increasingly busy lives. With the growth of zero contracts, remote worker, digital nomadism and flexible working, people may find it hard to study in the traditional way – sat in a classroom at a certain time each week. This has led to the growth of people wanting to study online, as they can study when and where they want to!
Growing Industry - Money
There has been a massive increase in the sale of online courses worldwide due to changes in technology and the impact of the COVID-19 pandemic. It is estimated to be worth US $645 billion by 2030. This means that there is great potential out there for people wanting to sell courses.
This all means that the online and e-learning industry is growing rapidly and there is a great potential to make money selling online courses.
How Can You Make Money With Online Courses?
Do your research.
- Find out what courses are in demand.
- Is there a gap in the market that needs filling?
- Are there courses available but people don’t know about them?
Find a Niche
It is hard to sell all courses to everyone, so find a niche. Perhaps you want to sell psychology courses, marketing courses, agricultural courses. Finding a niche and sticking to it can be a good starting point. You might want to develop further as you move on, but a niche is a good way to start.
For example, you might start off selling marketing courses, then expand into business, then psychology, perhaps writing and advertising. The options are virtually limitless with online courses that you can sell.
Creating a course can the most expensive aspect of selling your own online courses.
- Research, writing and developing the course.
- Designing your own LMS (learning management system) or using someone else’s
All of this takes time.
However, there are options where you can resell existing courses from organisations, such as ACS Distance Education. We have over 700 courses and 150 eBooks available and more are coming all of the time.
If you would like to avoid the creation of the course step, why not jump straight to making money?
Contact us to find out more about how this works.