Creating and selling courses online to make money is one sector that has seen significant growth recently. The demand for authentic and credible courses is extremely high, and it is going to grow: by 2026, the global eLearning market is expected to reach $375 billion from less than $200 billion in 2019.
Take this Python course that has nearly a million enrolled students, for example:
Example of an Udemy course
It is priced at $11.99. Though not all the enrolled students are paid (some get free coupons), even if half of them purchased the course at its current price, it means the course has earned more than $5 million and the instructor – roughly $2.5 million. Not bad, if 24 hours of video content and 19 articles can help you generate $2.5 million, isn’t it? And its pure passive income – the course was last updated back in September 2019.
This is just one example. In fact, the course selling market is gigantic and there are hungry buyers out there looking for quality courses to upgrade their skills so they can excel in their career and personal development.
This guide will show you how to make money selling courses online from scratch. If you’re new to all this and have no idea where to begin, this actionable guide is for you. But first, let’s look at the reasons selling courses can be a profitable business. Read more