You are on the right track if you have the mindset of creating an online course. Is selling online courses fruitful? Sure, selling online courses is an excellent source of income.
The beautiful part is that creating online courses doesn’t require you to be a specialised world-class expert in the industry. You just need to be one step ahead of your students.
Keep reading to find out why selling online courses still profitable in 2023 and beyond.
Why You Should Sell an Online Course in 2023
1. Low Initial Capital
Unlike the significant capital you need to start an online business, in creating and selling online courses, low or, in most cases, no money is required.
Time and some equipment to edit and record online courses are the principal investment in creating and putting together your course. The required kit includes a functioning laptop, a microphone, and a camera.
If you are not natural in the camera, you can also use a free screen-recording tool like Loom and never have to show your face.
There are some affordable and easy-to-use online course platforms where you can start selling your online courses. Examples are Teachable, Skillshare, Udemy, Thinkific, Podia and Trainer Central.
2. You Reach a Global Audience Remotely
You are also drawn to opportunities like selling your online courses in the comfort of your home. You can only rely on a microphone, a stable internet connection, and a laptop.
Unlike selling physical products, where you get worried about shipping fees, selling online courses is more advantageous because you can reach as many students worldwide at home without any expense.
The finest part is that your course is still selling, even if you are on vacation or sleeping.
3. No Need for a Big Audience
If you are willing to dedicate your time to creating an online course that is precisely what your loyal audience needs, and they are willing to pay for it, then you can make reasonable cash even if you have few audiences.
For example, if you charge $100 per person and have only 50 students, you already have $5,000 from your course.
4. It’s Easy to Teach Others Your Passion and Talents
We all have hobbies and topics we are good at. Thousands out there share similar interests but don’t just know where to start from. So, whether you’re good at cooking, dancing, or playing piano, there’s a massive demand for your skills.
Not sure what area to focus on when creating an online course? Check out these on-demand online course ideas.
5. No Transaction Fees from Your Earnings
When you sell a course direnty on your website, you won’t be responsible for paying any commission from your sales.
You may pay a certain amount if you sell your online courses through online marketplaces. So, if you’d like to maximize the earnings from an online course, host it on your own website and market it on YouTube, email, and other social media platforms.
Selling online courses is a scalable, cost-effective, and convenient way to provide valuable education, reach a global audience, and create a steady income.
And starting isn’t difficult. Just figure out an area you’re excellent in and create lessons to teach others who are one or two steps behind.