In the digital age we live in now, more and more people are using the internet to learn new skills and learn new things. Because of this, the number of people taking online courses has gone up a lot. But should you really make an online course? In this blog post, we’ll talk about the pros and cons of making an online course and give you some numbers to help you decide what to do.
Benefits of Creating an Online Course
- Reach more people: One of the best things about making an online course is that you can reach people all over the world. You can talk to anyone, anywhere, at any time, using the internet. This means you can share your knowledge with people from all over the world, which can help you reach more people and make a bigger difference.
- Flexibility: One of the best things about online courses is that they give you a lot of freedom. Online courses can be taken at any time and from any location, which makes it easy for people with busy lives to learn. Because of this, you can make a course once and sell it over and over again, turning it into a passive source of income.
- Cost-effective: Putting together an online course is often cheaper than putting together a traditional course. You don’t have to pay to rent a space, buy materials, or pay to get anywhere. In the long run, this can save you a lot of money and make your course easier for more people to take.
Drawbacks of Creating an Online Course
- Competition: The internet is a busy place, and the market for online courses is very competitive. This means you will have to work hard to stand out and make a course that is different from the others.
- Technical skills: You need some technical skills, like video editing and web design, to make an online course. If you don’t have these skills, you may need to spend time and money learning them or hiring someone to help you.
- Time: Putting together an online course can take a lot of time. You will need to make content, record videos, edit them, and promote your course. This can take a long time, especially if you are doing it all by yourself.
Statistics on Online Courses
- By 2025, the market for e-learning is expected to be worth $325 billion around the world.
- In 2020, $21.5 billion was the value of the online course market.
- 58% of millennials and 47% of Gen Xers would rather learn online.
- Technology, business, and the arts are the top three most popular topics for online courses.
- On average, 15% of people who take online courses finish them.
Does it make sense to make an online course?
The answer to this question depends on your goals and what you have available to you. If you know a lot about a certain subject and want to share it with more people, an online course can be a great way to do that. It can also be a cheap way to make money while you sleep. But you should keep in mind that making an online course takes time, work, and technical skills. You’ll also have to compete with other online courses that are already available.
In conclusion, making an online course can be a good idea, but you should think about the pros and cons before you decide. If you decide to make an online course, make sure to do your research, make high-quality content, and promote your course well to reach your target audience.