5 more ways to make money on udemy

More Ways

To Make Money On Udemy

5

I make $5000+ in

royalties from my video

courses on Udemy

every month.

Udemy is a platform so you have to follow their rules – just like you do with Facebook, Amazon or Apple.

Udemy’s discounting practices

Udemy’s discounting practices

If you’ve spent any time on Udemy, you will sooner or later be offered discounts.

The discounts can be rather extreme – you maybe offered a $999 course for $9 for example.

People argue that Udemy customers are now trained to only pay for courses at a reduction.

The discounts can be rather extreme – you maybe offered a $999 course for $9 for example.

Get this to work for you!

1. Price your course high!

Because of the discounting, most instructors price courses at around $100. This is clearly a very high price for a two to three hour course. But it makes the discounted price closer to $10-29 which is reasonable.

I have a question for you:

I have a question for you:

Would you rather sell one product at $100 or a hundred products at $1?

My answer: a hundred products at $1, every time! Why? Because I’ll have 99 more paying customers that I can upsell to.

Udemy’s commission structure

Udemy’s commission structure

The amount Udemy takes from the sale and the amount you keep depends on the origin of the sale.

Here are the commissions you get on a sale depending on origin of revenue (this is correct as of June 2015 and has been the case since July 2014.)

Here are the commissions you get on a sale depending on origin of revenue (this is correct as of June 2015 and has been the case since July 2014.)

REVENUE SOURCE

A sale from one of your coupons An organic Udemy sale A sale from one of Udemy’s Ad programs An affiliate sale

PERCENTAGE YOU KEEP

You keep 97% of sale You keep 50% of sale You keep 25% of sale You keep 25% of sale

How to make this work for you!

2. Offer discounted coupons to your

following

You can create coupons to sell courses at any price you wish

(including for free).

2. Offer discounted coupons to your

following

Say your video course is being sold for $99, you could create a coupon for $19, and email your list to say “buy my $99 course for $19.″

You could also promote your coupons

on social media, on forums (if they let you),

on your website and to your existing

Udemy customers using Udemy’s

announcements system.

You could also promote your coupons

on social media, on forums (if they let you),

on your website and to your existing

Udemy customers using Udemy’s

announcements system.

You receive 97% of your coupon sales.

3. Sit back and let Udemy do the work

Organic Udemy sales

Organic Udemy sales

There are now 6 million registered users on Udemy.

Organic sales are where one of these users happens upon your course whilst browsing the Udemy categories or searching the site and makes a purchase (maybe at a discount; maybe not).

Organic sales are where one of these users happens upon your course whilst browsing the Udemy categories or searching the site and makes a purchase (maybe at a discount; maybe not).

In this case you’ll receive 50%.

Udemy Ad sales

Udemy Ad sales

Udemy regularly runs campaigns in Facebook and advertises elsewhere (the campaigns usually center around a discount).

If one of your courses is sold through an ad campaign, you receive 25% of the ad sales.

Udemy regularly runs campaigns in Facebook and advertises elsewhere (the campaigns usually center around a discount).

Udemy Ad sales

An affiliate sale

Udemy’s affiliate program is run by Rakuten LinkShare and there are many affiliates that will promote your course.

An affiliate sale

Udemy’s affiliate program is run by Rakuten LinkShare and there are many affiliates that will promote your course.

If an affiliate makes a sale, they get 50% and you get 25%.

An affiliate sale

4. Win-win-win on Udemy –

authority, leads, and money!

4. Win-win-win on Udemy –

authority, leads, and money!

If you can make video, have a

story to tell and techniques to teach, Udemy could be the

right fit for you.

With Udemy you can build a reputation amongst a targeted group of people who are prepared to spend money on content.

With Udemy you are exposed to a new audience who may go to your website and sign up for your mailing list.

With Udemy you are exposed to a new audience who may go to your website and sign up for your mailing list.

And you can make money with Udemy.

5. Sell your courses

on Udemy and elsewhere –

You can do it

5. Sell your courses

on Udemy and elsewhere –

You can do it

You can sell courses and

increase your following on

Udemy.

You can sell your courses elsewhere as well (Udemy doesn’t insist on exclusivity.)

You can package your courses with other original content and sell them for a higher price on your site.

You can sell your courses elsewhere as well (Udemy doesn’t insist on exclusivity.)

If you're interested in earning passive income and learning more about

Udemy take this course for free.

If you're interested in earning passive income and learning more about

Udemy take this course for free.

You can sign up here: http://robcubbon.com/freecourses