The 21st century has met its discoveries with rapid and challenging technologies! Isn’t it! Now making money via online platforms are sound to be popular and easy to monetize as instructional curriculum creators! These are said, but not made understood how exactly does the entire process happen?
Well, to answer that we will be taking you through this blog!
In CONTUS VPlayed we come across lots of young entrepreneurs who become business thought leaders by leveraging the magnitude of internet availability. One of the prime industries that has made an enormous impact in the market within a short span of time is known from the education sector, otherwise known as E-Learning.
yes.. you’re right! I will be sharing some thought-provoking ideas through this way that can help you in answering this question – How to Set Up an Elearning Platform within a few steps! Because, at the end it is extremely important to note with the right use of online education tools on how to create a learning app or why use video in elearning via the blended technology makes the e-learning video platform, a new trendsetter in the educational streaming system.
So if you would like to create your own exciting and interactive e learning platform that is much more revenue streaming and creative, scroll down to dwell for more.
We would be discussing:
- How to Start a Profitable E-Learning Business in 2021?
- Kick Start an E-learning Business
- How E-learning Platform Helps Teachers, Students & Institutions?
- Create & Launch Your Own e-learning App in Minutes
Now let’s go further!
How to Start a Profitable E-Learning Business in 2021?
Over the past decade, video E-learning business has blossomed into various forms of educating the individual. Like teaching directly to online users, it also successfully created a base for getting an online degree or certification in respective domain and corporate training as well.
There are several E-Learning businesses mushroomed over the years worldwide. Among them, Coursera, a leading MOOC (massive open online courses) provider has 3000+ courses with 36+ million registered users around the world. Their growth can be evident from the fact that Coursera is one among the “Next Billion-Dollar Startup 2019”, a unicorn list from Forbes, which features top 25 startups company every year that reaches billion dollar value.
Similarly, an Indian based E-learning video platform, Byju’s has a whomping sum of 1430 crore revenue by the end of March 2019. That’s insanely hell lot of money! Online video education platform is surely a “goose that lays the golden egg”!
Kick-Start an E-Learning Business in these 4 Simple Steps
Before jumping into the bandwagon of e-Learning video service, it is a good idea to know what are the tactics need to be followed to get the desired profit. Starting any new online business or any business in that sense initially may seem to be a daunting task.
It may be a little overwhelming if it’s not rightly planned with the right strategies. However, here are a few strategies that help to keep the ball rolling in the right direction. If the foundation is strong with clear-cut strategies then think that 80% of the major work is already completed.
As Gordon.B.Hinckley said “You can’t build a solid building on a weak foundation. You need to have a solid foundation to build a strong super infrastructure”.
1. Decide the Domain
Categorize the area on which you are familiar and start building your network based on it. Whether it is kids learning material, information technology or psychological counselling, narrowing down on a particular niche is important. This lays the core idea of your e-learning platforms.
2. Time To Research
Listen to your audience first, then act as per their needs. Identifying your target audience’s pain points & challenges are crucial for any educational video platform. Engage with the potential users through professional forums, social media channels & get as many insights as possible.
3. Create Video Content
Start with a pilot program and design a course pattern with high quality, valuable and educational video content. Creating video content gives 10x times more reach than a written course transcript. With subtitles, pausing and downloading option, the users can learn on the go without missing any session.
4. YouTube Premium Revenue
Once you have narrowed down the industry & identified the challenges, pick top 10 hot technologies & get on board experienced trainers to roll out your online education business. Investing in creating own elearning platform profits you in the long run. Look for a customizable streaming solution for education that offers various perks to the users.
How E-learning Platforms Help Teachers, Students & Institutions?
Since, everything is interconnected, this mode of communication has given numerous benefits to knowledge-facilitators, knowledge-seekers and progressive institutions. So far, we saw how tutors and students benefit individually with this essential elearning platform.
Now I’ll give you a brief idea on how educational institutions would merit in creating a powerpact elearning VOD platform!
Ready, let’s skim it now!
Teaching and learning evolving needs can be catered from a single and unified platform.
Imagine, if all academic books, employee activity, managing payroll and facilitating strategic alliances are all managed in one structured dashboard.
As a result, you can build an elearning platform to regulate management and operational tasks to make it digital-friendly. Also, this reduces the maintenance cost factors and ensures accurate data analysis.
Now you can stay at par with the latest technology with relevant information, where students can get hands-on experience with the real-time example to practice.
Benefits of E-learning Platform for Teachers
Online education has paved the way of reaching out to as many students as possible. For example, Hoffman Academy, a renowned pianist from California has a global reach where he has several thousand students who are 10000 miles apart.
Effective interaction is key to any student-teacher relationship. Through whiteboards, video calling & file-sharing, exchanging information are made simple & easy.
Feedback Boost Up their Career Growth
A constructive and positive feedback is a boon for any teacher’s career growth. Real client’s feedback gains trust for new users and helps them to easily choose a teacher.
Benefits of E-learning Platform for Students
Unlike the brick and mortar model, e-learning reduces the commuting expenses and learning material cost. Also it provides various subscription models for the students who can pay monthly, yearly or per course as per their convenience.
Personalized Learning Experience
Whether the students fall under post-millennial range or Gen-Z, students of all ages are inclined more into an instant, easily accessible, relevant education content on the fly.
Updated & Relevant Content
Keep in par with the latest technology with relevant informative where the students can get hands-on experience with the real-time example to practise.
Benefits of E-learning Platform for Institutions
Provide Personalized Learning & Support
Digitize your curated content into an engaging informative media where students of all ages can have accessible, and relevant content on-the-go.
Easier to Manage Student Performance-Tracking
Design your elearning platform in a way where you could provide 360 degree student progress with personalized attention.
Arrange a typical classroom set-up by creating an elearning platform and facilitate with HD on-demand videos and lecture captures making it monetarily effective.
Managing Student Database
Get a video content management system solution while building a productive elearning platform with content repository facilities.
Less Impact on Environment
Save the environment by digitizing the art of learning through cost-saving and comprehensive solutions using the power of streaming technology.
Now you can also get to know how to build an online learning platform & launch your customized e learning app within few minutes
Yes, have the tips and tricks right away today.. Here it is!
Create & Launch Your Own e-learning App in Minutes
- Marketplace e learning
Tailor your curriculum with an impact mode of video learning by offering personalized tutoring in real-time. Set your standards high with accurate content delivery to have better learning experience.
- Certification course elearning
Certify your legitimate course with high standards of accreditation via an e learning structured platform with smooth global content distribution.
- Live classes for elearning
Live streaming online classes in real time for your students, and provide a buffer-free viewing experience through cloud trans coding facility.
- Language learning app
Learning is a never-ending process and likewise you could keep this option viewable through your target’s digitized smart palms! Create your customized e learning app and spread the valuable knowledge on-the-move.
Reduce your carbon impact by starting your own an e-learning video platform with headway features. Also, it is estimated that e-learning platforms will reach $325 Billion by the end of 2025. This is an environment-friendly business venture which is a paperless learning method. Choosing the best educational streaming solution to host all your video content safely and securely is essential. Look into various perks they offer and get started to yield 40x revenues in no time!