Steps to Earn Money by Teaching Online

Have a brief insight of market:

Before start preparing your course or getting yourself ready for offering lectures on your subject have some research on the strategies and approaches of people who are already offering content on your subject matter. Go through their formats, teaching styles and contents. Observe them as a regular student or a customer who would take their lessons or classes. During this research write your observations, concerns and questions on a page. Note down the queries which remain unanswered even after taking the lecture. These observations will help you a lot to decide what is actually needed in the market and where are the online educators lacking in the subject.This research would may take time but this time is worth spending as it would help you to create things that are actually needed and will help you to grow in the market.

This strategy is equally helpful for you regardless of the subject you are thinking to start teaching. From religious courses e.g Quran courses or classes to highly tech courses this strategy would help you to create the most demanding content in the market.

One more thing that you need to consider is your region where you are currently planning to start your teaching if you are planning to start Quran classes in Riyadh or thinking of preparing high tech courses for people in New York try to keep your tone familiar for the people of region. In the start this thing would help you a lot to grow your platform at local level.

Create Ad-Supported Content:

After having a smart and on point research you would be able to understand what is actually required in market. Now you have the clear idea of the needs of people that what they from their online courses. Now the next step is to create that content, answer the unanswered queries, fill the gaps of knowledge and try to reach the expectations of your customer. This definitely is not easy at all you would have to invest your time and resources and you would expect to have a good financial turn out and a positive feedback from your users.

To have a good financial turn out one of the techniques of digital marketing known as Ad-Supported content can help you a lot to get your content monetized. This is one of the most basic monetization techniques where your users do not have to pay for your content but they would pay you indirectly by viewing ads.

Don’t be medium Specific:

While teaching online or preparing course do not restrict yourself to a specific medium. Use different mediums to teach if in some courses you are using text try to add some graphics in the other one. Do have video lectures and power point presentations. Try to use different multimedia sources in your courses and lectures. Prepare lectures and courses with text, videos and photographs this help the user to remain engaged in the course as the monotony of style can make the person lose his interest very early.

Also try to have live webinars and podcasts to interact with users and to communicate with them more effectively. Live webinars and podcast would help your users a lot to break their communication barriers and communicate their issues effectively. Moreover variety of teaching styles would help you target a huge number of audiences as different people feel comfortable in different learning styles. This would help you to grow your platform and get more revenues.

Monetizing via subscription:

This monetization options can generate a great revenue if you content is meeting people’s expectations. If people really want to get what you are creating and learn from it then they would be definitely willing to pay for it. In a subscription based monetization model your users will subscribe to your website or any other content portal you are running by paying a monthly or yearly subscription fee. This monetization model is one of the most contemporary and realiable monetization methods where a user will go for subscription and will pay for the content in advance for whole next month or year.

Have a content schedule:

A good and effective content schedule can help you a lot to make your users to stay longer on your platform. Releasing your content after a mile a minute can overwhelm your users and can make it difficult for them to cope with it. Similarly if you are delivering it too late would result in the loss of your users.

Update your content schedule every week, try to experiment with the schedule and observe when you get the maximum positive feedback and then implement that strategy. But this experimentation should not be very uncertain or sudden you can give some clues and hints to your users about your moves to save them from any disappointments. Try to have at least one class in a week or it can be two depending on the nature of the content. If the content is easy to absorb and shorter then you can definitely deliver a couple of lessons in a week.

Get monetized by applying PPV (Pay-per-view):

Pay per view is another widely used content monetization technique. Through this technique a user can access a specific content including a video, lecture, audio, ppt or pdf by paying a one-time fee. This model works well for the customers who don not require your work oftenly or need the specific services for specific. So it would save them from paying for whole month when they just need the content for a day or two. It not only reduces the cost overhead for the users but would also encourage them to use original content on minimal payment instead of going for pirated and illegal content for which they can be punished.

This strategy also facilitates the creators by giving them an option to charge people as per the type of service and product they are offering and the amount of effort and resources they have put.