How To Earn Money By Creating Online Courses
Creating an online course can be a great way of turning your knowledge into income and it is something that is accessible to everybody. We all have different skills and knowledge. Some of us are creative people and others are more technically minded. Wherever your talents lie, you could be monetizing them. In this post we will look at how you can earn money by creating online courses.
What Are The Benefits Of Creating An Online Course?
Creating an online course can be rewarding for you in 2 different ways. Firstly you will be helping other people to learn and improve their knowledge and skills. Secondly, and most importantly for you, it can set you up with another passive income stream. What could be better than that?
There are major advantages to creating an online course, particularly when compared to a standard classroom type course or coaching. It is much more accessible, practically anybody with a computer and Internet connection can create an online course. There is no travelling involved either so you can do it from the comfort of your own home. This offers good flexibility.
This also means you have access to a much larger worldwide audience as there are no geographical barriers. Costs will be low if you deliver your courses online as there will be no travel costs or physical products, paperwork etc.
All of these things make online course creation a great idea for your first online business. However anybody with an existing business should also consider creating online courses as they can be a great way to generate even more leads for your business.
By connecting personally with your audience and genuinely helping them, they will be more likely to purchase from you. This could prove to be a more effective way to generate sales when compared to other traditional advertising and email marketing methods. This is due to the personal engagement and rapport you build with your customers, they will feel a connection with you.
What Online Courses Can I Teach?
It’s worth noting here that just because a course will be delivered online doesn’t mean the subject matter has to relate to the digital world. Of course there are many digital skills you could teach such as coding and web design, however you could just as easily cover anything else such as photography, fitness, fashion, DIY skills etc.
Just to give you some ideas and inspiration;
- Create and edit your own videos online? Why not teach other people?
- Freelance photographer – show others how to get started
- Fashionista that creates your own clothes – let others know how to do it
- Online entrepreneur – guide beginners through the business processes
The possibilities are endless.
What If An Online Course Topic Has Already Been Covered?
Don’t worry if there are a lot of people covering your chosen course topic. Although there is more competition, this also means there is a large audience for it. And it’s unlikely that every aspect of your chosen niche has been covered effectively by other people, there is always room for improvement. This is where you can find a better way of doing something that others are already doing that doesn’t fully satisfy the customers needs. Take an idea and then improve upon it.
If you have any doubts about what you can offer to people, just think about the amount of people that go online everyday to search how to do something on Google. No matter what they are searching for, they are bombarded with millions of web pages and blog posts that take forever to read through to find the exact information they require.
How much easier would it be if you could give them this information in a clear, concise way. Put yourself in your potential customers shoes, think about what solutions they would want to see and the way they want it presented to them and then focus your course around this. People will gladly pay you for offering them a simple solution that makes their life easier and shows them exactly what they wanted.
How Do I Create An Online Course?
So by now you might be wondering how do you actually start creating an online course?
This is where Teachable comes in. Teachable makes it easy to create and sell stunning online courses—even if you don’t have advanced tech skills. More than 150,000 creators have collectively made over $1 billion to date, in case you need any proof of how powerful this platform is.
They’re hosting a free webinar now which is the perfect way to learn more about Teachable and how to use it: The Quickstart Guide to Selling Your Knowledge Online with Teachable
This 40-minute webinar is jam packed with need-to-know tips and strategies for creating a course on Teachable. You’ll walk away knowing how to:
- Build your course inside the Teachable platform
- Customize your site with your own branding and colors
- Publish your content and set up payments
- Structure your pricing options
- Organize your course content, module by module
- Build your sales page
- Upload videos (including bulk upload)
- Plus, more
Hands down, this webinar is the quickest way to get started building your online course on Teachable. Click the link below to register and you’ll be ready to enroll your first paying students in no time.
So whether you run an existing business or are ready to take that first step, creating an online course is a great way to help both yourself and others. Earning money whilst teaching others new skills is both satisfying and financially profitable, so why not give it a try? For more online business ideas please check out this blog post of 10 Online Business Ideas You Can Start.
View more posts like this on our blog and please join our newsletter to receive all our latest content.