E-Learning - The possibilities
The constant quest for people to upgrade their knowledge and expertise has resulted in an explosive growth of E-learning app like Udemy both as a business and as an activity. E-learning platforms offer courses for everything, right from creative learning such as dance & global languages to advanced technologies like Artificial Intelligence (AI) & Blockchain, the options are infinite.
The revenue of the E-Learning segment lies in three major streams, which portrays the platform highly lucrative:
- Products such as E-books, course materials, and others
- Service subscription on a monthly or annual basis
- Advertisements and promotions for brands and labels
Why is E-Learning profitable?
- Apart from platform development and hosting, there are virtually no additional expenses.
- Creating an entire course at less than $100. Hence, no burning a hole in the pocket.
- Availability of numerous free tools online to design E-Learning courses.
- Charging users between $10 to $1000 for each course, the return on investment (ROI) is considerably high.
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