Most of us aren’t aware of the emerging e-learning market which is expected to generate a revenue of $275.10 billion by 2022. The popularity of online learning has increased over the last few years. Technology has made learning lively as courses have become more interactive. After the launch of successful sites such as Udemy, Coursera, and Skillshare, many entrepreneurs are now interested in launching an online E-learning platform.
Do you wish to be a part of this lucrative industry? Read on to know more about various business models and platforms from which you can choose to best suit your business.
By creating a platform online, you can provide courses such as,
- Fitness coaching
- Business training
- Corporate training
- Health training
Any individual who wishes to earn a huge revenue in a short span can easily launch an e-learning business. The stream could brief about topics such as how to be a marketing expert, how to be an online broker, and so on. There is a demand for such knowledge nowadays. Some of the popular subjects in e-Learning are business education, corporate training, information technology, and e-commerce.
E-learning is profitable and you can reach a huge audience in a short span of time. For instance, by running a gym, a personal trainer can service 50-60 clients in a month. If he/she converts the training into an online subscription model or into videos, the course can be sold to thousands.
How to begin?
If you are already a professional in a business that suits the e-learning space, launching an online platform is easy for you. Or you can create a website like Udemy specifically for online learning.
Starting an e-Learning platform doesn’t need a huge investment. Creating an application like Udemy is an easy task if you have a customizable learning management software with you. When acquiring a script, make sure to include advanced features in it such as,
Launch the website in the language of your choice or in multiple languages based on the region in which you wish to start a business or the customers you wish to target.
Integrate the most advanced payment gateways and facilitate your customers as per their requirements.
By sending out referral links, you can increase user adoption to your website and this referral can help your users to earn rewards as well.
Get your hands on a ready-made solution likeUdemy clone script and stay assured about the success of your e-learning platform. The major advantage of these ready-made solutions is that it can be completely customizable and since there are white-label option available with it, you can create a branded application for your e-learning business.
Most of the ready-made e-learning solutions comprises of inbuilt business and revenue model that comprises of separate modules for each users like trainer, student and the site admin. The course creation through multi-media will be easy with their course generators. So, before going for developing your e-learning platform scratch, make sure that you consider these ready-made solutions a go.
Jennifer Atkinson is a Growth Hacker at AppDupe – which is a pioneer in ready-made app development solutions for all your business needs. Also a blogger and a growth hacker who loves to find new business ideas and help startup entrepreneurs with business consultation.