My name is Alex Genadinik. I've been in Elearning since 2014 and have over 250,000 students. Here is my Udemy teaching profile.
In this article, we'll cover:
1) Knowing which niches are profitable.
2) Researching how competitive a niche might be.
I am available for Elearning coaching to help you plan, create, and promote your course.
People buy courses for two reasons: Two improve their business or career so they can make more money or to improve at a hobby. Naturally, there is much more demand for online courses that help with businesses and careers. Hobby-based courses can also be lucrative, but the most lucrative niches for online courses are:
- Programming and technology
- Professional skills
- Business skills
Even though you may be an expert in your niche, you may not be the only one. There may be many experts and many of those experts might have gotten into the Elearning business ahead of you. If that's the case, your niche might be saturated and crowded which would make it difficult for you to compete when it comes to marketing.
Before finalizing on a course niche, you must research how competitive it is. If you are planning to teach on Udemy, your niche research may be as simple as going on the Udemy website and searching around for courses in your niche. If it looks filled with courses that have hundreds or thousands of reviews, it may be too competitive.
One of the goals during your course niche research is to find a niche in which you are an expert that is also not too competitive and has a good amount of demand.
How much demand is enough? How much competition is too much? These are case by case evaluations, but as a rule of thumb, in the beginning you should not aim for the skies. Aim modestly. It's better to have modest success than to drown in too much competition.
Here is a page on this website which lists all my best courses with discounts.
Creating courses can take weeks or months. If you don't want to create courses on your own and get courses overnight, course licensing is possible.
With course licensing, a person can get courses to sell overnight. I offer a few licensing options for my 125+ courses.
I offer the course licensing option through which you can license my courses to sell on your website and keep 100% of lifetime revenue.
If you need additional help, I offer the Elearning franchise option which comes with my courses to resell, a website, and coaching in one package.
To learn more about how to get into Elarning, here is a comprehensive page with everything you need to get started in Elearning.