Everyone today is turning to online courses to learn new skills and increase their knowledge base. To experts, this is a massive opportunity. It’s an opportunity to conveniently sell knowledge and teach people at a price, providing passive income to instructors and industry leaders. If you want to sell courses but don’t know where to start, you’re in the right place. This article provides helpful advice and tips on where to sell online courses for passive income.
We’ll cover the online course selling options available, from creating your own website to using third-party platforms. We’ll also discuss the tools and resources to help you sell courses like pancakes. Plus, we’ll offer advice on how to market and promote your offering effectively, so you can reach a larger audience and maximize your newfound passive income potential.
Where to Sell Online Courses for Passive Income
Marketplaces
Joining an online marketplace is the first step to selling online courses. Popular marketplaces include Udemy, Teachable, and Skillshare, and they offer a great platform to list and promote courses, as well as helpful tools to manage payments and other administrative responsibilities. Additionally, many of these marketplaces provide comprehensive support services, such as customer service, technical support, and marketing resources, to help you maximize your success.
Popular Established eCourse Platforms for Instructors
Once you have chosen the platform, the next step is creating your course. Start by outlining the topics and materials you want to include. After you have a plan, begin writing and recording the content. You can also use online course creation tools to help you quickly and easily create your course.
When your course is complete, upload it to one of the online marketplaces above and promote it. You can create a passive income stream selling online courses with the right strategies.
Your Own Website
Creating your own website is another option to consider. It may require more effort and technical knowledge than joining a marketplace, but the rewards are worth it. With your website, you can customize the look and feel of your course much better, manage payments on your terms, and create a marketing plan. You also have the unique opportunity to build a personal connection with your students, as they will be engaging with your domain and not a generic marketplace.
Social Media
Social media is a powerful tool for promoting and selling online courses. Platforms such as Instagram, Facebook, and Twitter are great for sharing information, connecting with potential students, and building relationships. Although many do not know, they can host communities that allow you to sell exclusive live sessions directly.
Which Platform Should You Choose
Well, that depends on you. Selling courses is by no means easy. The part where you have to create them from scratch is time-consuming and costly. However, the returns from them are incredibly rewarding.
But here’s a general guide.
If you’re new, try selling first on social. Do tutorials and live sessions and ask for direct payments. Doing social media selling first allows you to do two things:
- It lets you test the waters and see if your course actually has a market. Even a reply that they’re interested gives you data to work on. That alone makes your decision to pursue this venture more objective.
- It helps you gauge how enduring and challenging it is going to be for you to sell your courses. If you feel like it’s too much and people aren’t that interested, it makes you assess if it is possible to do it sustainably. It makes you think if you should hire people for help, and it makes you think about how much time, money, and energy it’s going to cost you in the long run.
If you hit the jackpot and have confirmed that your course can grow big, we recommend creating your own website and making it a real business. Here’s why
Why Your Own Website Is the Best Place to Sell Online Courses
Selling your courses on other platforms is more costly than you think. Most require you to pay either a flat annual fee to list your course or get a 20-70% cut from your earnings. But that’s not even the biggest disadvantage. It’s the fact that they can terminate and remove you from their listing at any time.
You do not own the platform; you’re just using it. That means you have to abide by the marketplace’s rules at all times. And they can change it any time they want. If that change affects one of your older courses before the update, then the odds of it getting removed are very high!
Having your own website allows you to own everything. You also do not have to worry about rules and competitors as your website’s boss. You get to keep all your earnings, and you can monetize in as many ways as you want.
Here are more reasons to sell your course on your website.
Conclusion
If you want a solution that answers how and where to sell online courses for passive income, then it’s best to leave it to professional eLearning WordPress website builders. Upstack Media has helped hundreds of instructors and industry leaders create their own eLearning websites. With our help, you’ll save thousands of dollars and get complete control of your courses, content, and community. Have an idea? Please feel free to contact us at info@upstackmedia.com