Make Money By Creating An Online Course Or Selling Your Knowledge

Do you have knowledge? Why don't you monetize it to make money?

Yes, start making money by selling your knowledge in the form of courses. Here is the all basic information and tips to start making money with courses.

Are you thinking that you are not that expert or master in the skill? Then why would anyone buy my course?

Here is the answer. You don't need to be an expert in your niche and full knowledge about your topic. You just have to know more than your costumers, you should only on one level up from most people.

According to Global Industry Analytics, the online education market is expected to reach more than $240 billion by 2021. This shows how fast is the online learning industry is growing.

You can see there is a lot of money in selling courses. Nowadays most people prefer to learn online only. And you can take advantage of this by making and selling your own course.

You can make a course on any topic, literally anything that you know. There are a variety of topics out there in the world.

It is not too tough to make money through courses. The only thing is to focus on the steps and do it carefully.

How much can you make by selling courses?

There are not any fixed income form courses. It depends on your content and niche. If your niche is profitable and your content is very likable then you can even make $50k+ per month. And if your content is not good and you don't market your courses properly, it is also possible to make $0 per month.

So, there are teachers who are making $1k-$5k per month and there are other teachers also who are making $10k-$50k per month. 

Your earning is totally depends on your course idea, content and marketing strategies. So don't worry here you will get all basic knowledge about creating and selling courses online.

Where to create and sell your course?

Have doubts about the creation of your course. Where can you make this one? And Where can you host your courses online?

There are two ways to host your course. One is to host on your own website by handling video hosting and the process of payment. But it has the biggest advantage that only you will be getting 100% revenue shares, no one else.

Another way is easy to implement using third-party platforms like Teachable, Udemy, Thinkific, and many more. Yes, it will take some revenue on your sales to make money. All your payment processing and other work for hosting courses would be taken care of by these websites.

There are many platforms available for this. But I would recommend these ones for you: Thinkific, Teachable, Udemy, Skillshare. Choose any one of them which suits best for you.

How to make a great and likable course content?

This is a very important step to make your course successful because of this the only thing for which the buyer has paid you. Provide quality content to build trust among costumers and make them loyal to you.

This will help you to make more sales of your further upcoming courses. So, give time to make it great content and express knowledge in the best possible understandable manner.

Here are the steps and tips are given to make likable content.

Steps to create excellent content

Step#1 Decide a course topic

It is the main part which will decide your sales. The buyer will buy your course on your course problem statement only.

What problem of costumer does your course is solving? Is the skill you are teaching really demanding among people of your niche? Will people pay for gaining that knowledge?

You have to think about the topic very carefully. Write down what things or skills you know. Figure out For what purpose your friends and relatives search for you. It can be anything small to big.

You don't need to be a master or very experienced in the topic. You just need to be one level up to your costumers and can provide a solution to the costumer's problem.

If you can't decide any topic in your niche, ask your audience on social media, blog, youtube or any other platform that "what are your problems regarding 'your niche'?" and make the course as a solution for your costumers.

This will confirm that the course is for your audience only and it would be bought by people.

Step#2 Organize your course

After choosing your course topic, it is a good step to outline your course. Don't just get into making lessons for the course without organizing it.

Your course should have all content with deep knowledge and should cover all important topics or subtopics. So, it is the right to make your course structure first before actually making the course.

Organizing includes determining the number of lessons your course comprises of. What will be topics of each lesson and what would be sub-topic? What would be the length of every lesson? Preparing these kinds of stuff earlier is always a great step for success.

Step#3 Choose the way you would give your course lessons

Deciding which way you are going to deliver your lessons such as texts, video, checklist, worksheets, audio or anything else.

You should choose your unique way to express your knowledge in the best understandable form. You can use more than one method for your lessons. 

The main motive of you is to provide content in the best way to understand by people.

Step#4 Keep information up to date

You should check regularly that the information you are giving is current and updated. Always fix any outdated links and keep your content up-to-date. Outdated and non-relevant information can lead to bad reviews and loss of trust which is not good for you. 

That's it!! It is not so much difficult to make content. But you should be creating it in a very understandable way and not so boring. Any student should not be overwhelmed in between the course.

How to market your course?

Only creating and publishing it doesn't make money. You have to make your course to reach out to people. 

Marketing is the necessary step to be rich by selling courses. You should apply the right marketing strategies to make your course buy.

You should be aware of who would be going to buy your course, for whom it is beneficial the most and what is your target audience and where can you find them easily.

Most of the successful course teachers have marketing methods including email lists, Facebook groups, other social media platforms, and paid advertising.

Since marketing is a very important step, so, you should work from now to build your audience. Make your email list, Facebook group, Instagram followers, blog website, youtube channel or any other else.

Creating a targeted audience is always helpful in growing a business. So, you should start now in building your audience in many forms.

An email list can be generated by providing any free content like pdf. Most of the businessmen do this to make their email list. They give knowledge, in the cost of emails. This a good way to collect emails and later on you can market any of your products via email. 

You can also create a blog, youtube channel on that niche to be known in the community and building trust in you and your content. Trust will make your readers or visitors buy your course.

Pro Tip:

Income from courses would be easier if you already have an audience ready. It can be on any social platform like a blog, youtube, Instagram, Facebook, etc. Because it will be much easier to market your course and it is a high chance of making good sales.

But if you don't have an audience, make one!! START NOW!!

Related: Make Money Online From Instagram As A College Student | Instagram Business

Related: How to get started with blogging for a student and make money online through blogging in 2020 without investment

Conclusion

Selling your own course can be a great passive income source. You can also lead your students to your other products and expand your business.

It is not that too hard to make money by selling courses. You just have to follow steps:

1. Choose a course topic, do market research and outline it.
2. Make lessons and complete the content of your course.
3. Determine how you will going to sell your courses or where would you host your courses and publish them online.
4. Do marketing of your courses.
5. Start earning and get ready for another course.

Deciding the course topic and marketing is the main stuff you should focus on to be successful in selling courses.

Now you are all set to start making money by selling an online course.

If you have any doubts regarding the online course, ask me in the comments👇. Or if you have any suggestions or tips you think I should add on, please tell me in the comments👇.