Online teaching is exploding. It’s a given right?
Also called the e-learning industry it’s booming. The market size is $107 billion which is set to explode to $315 billion by 2025. Online courses made $46 billion last year.
Lynda.com which used to be and is one of the biggest online learning platforms in the world raised over $103 million in venture funds and in 2015 was acquired by LinkedIn.
It is now called LinkedIn Learning. The acquisitions and overall trends in the e-learning space put the spotlight on how big the space has become. We need to learn to succeed and these platforms are providing the right leverage.
In much the same way virtual reality and augmented reality. VR and AR are growing.
Companies have started using VR to train their employees. Walmart used the same thing to train employees to face off the Black Friday craze.
They created a horror game in VR to train employees to deal with the mad rush. Using the same program, they taught employees to stock their shelves more effectively.
The same thing again with companies like Coca-Cola and Home Depot. With games, they educated their employees.
Farmers Insurance uses different real-life simulations that trains employees on how to effectively size up the damages to crops.
E learning digital communities are growing around the larger trends of e learning.
Its the future.
Colleges and universities are ideal playgrounds to incorporate these new forms of imparting education online.
They help you leverage VR and AR.
Online learning in India
Coursera is one of India’s largest online education portals. On the platform there are around 1.3 million online learners from India alone. Overall the platform has over 18 million students registered who learn different subjects. The number of learners has jumped by over 70% over the past several years.
These figures indicate the number of learners in India The govt wants to increase the enrollment of Indians in universities from the present 23% to 30%.
This can’t be practical without traditional classroom or university setups.
The market size is set to broach $40 billion by 2017.
Given everything that’s shifting online. You order food online. You book cabs online. You even stream and watch movies online with popcorn ordered online.
THere’s very little that you can do that doesn’t have an online component built in.
Teaching online is undergoing a transformation of sorts. There are many platforms that help you host your course and sell it.
They will also attract buyers for you.
In this post we’re going to see the potential of teaching online and which platforms you can choose to host your own courses and start making money.
Udemy is nothing short of a revolution in the world of online courses. It boasts 20000 subject matter experts. And has courses on every topic imaginable. On the platform one can teach via pdf, power point, text and visual marketing guides.
The fluidity of tools and options makes it a favorite pick among people.
Udemy makes money by slicing of more than 50% of what you make. With 12 million students this is the largest of its kind.
Teachable does what Udemy isn’t able to. It gives greater freedom to teachers on the platform. With Udemy you don’t have control over pricing. The branding is also theirs. You’re left to their whims on how much you make. Butwith teachable no such business.
There are 3 million students within 8000 teachers and over 20000 courses. The numbers are ballooning and now teachers are asked a monthly fee to be part of the program. There are tons of instructional videos to help you get started with the platform
WizIQ is an established name and is a go to tool for instructors that helps them deliver live webinars. You can add slides, audio video and other screen share tools that help it make the platform very versatile.
It’s a favorite choice among course creators primarily in its ability to tie video courses end to end.
There are a lot of plugins you can use to arrange learning management as well.
To learn more about its features, trial and paid plans, visit the site here.
Ruzuku is another big platform.
required to have much knowledge of technology to use this platform. A lot of effort goes int publishing courses. And there are plenty of integrations like mailchimp, Paypal and so on for backing up content.
With the easy campus platform you can easily create course.
The tools available let you design to publishing your course with ease.. There is a trial version available that let you sample the different features available.
Thereafter to continue you have to choose a monthly subscription platform.
Hop on to the website here.
LarnWrld’s is a whitelabel solution. There are tons of features ranging from sales pages, to simulators to sales engine, advanced analytics and so on that help you get the better hand
The platform charges $5 per sale and monthly subscriptions begin at $24
Thinkific is another big platform for you to create course.
Thinkific is an amazing platform that is growing by leaps and bounds. With over 35000 course creators on the platform, the platform grew quickly to encompass course creators of all walks. You can easily sell and brand your own course with the platform.