$250,000 and counting...
Comments
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Thank you @VirajShetty265
... Appreciate the note0 -
Hi Rahul, what an amazing achievement! I am very happy for you and wish 10x more success in the near future.
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Congratulations @Rahul Iyer , motivating story for us as a biginner
Could you please details howa much courses you publish per month ? how much time ? how you promote courses ? ..;Thanks
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Wow... amazing story, Big Rahul! This is surely an inspiration
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Thank you @mariorossiudemy
... Appreciate your note1 -
Hi @trainer777
,Nice to meet you. Great questions. Below are the details:
How much courses you publish per month ? How much time?
It is difficult to publish one course per month. But I try to publish a course every two or three months. This is because the scripting, voice-over, shooting, production, publishing, etc takes its own sweet time.
With that said, I have not published a single course in the last six months as I was focused on updating the existing courses. I think this practice of updating the existing courses before Black Friday did help in having an excellent season.
How do you promote courses?
The best part about working with Udemy is you can focus on content creation and Udemy does the rest. They will do complete marketing and administration. So, you are working on your core skills of creating courses (effectively).
Having said that, I do spend a little time in catering to my audience on Social Media Sites. I am active on a handful of them. Here, I do not put effort on promoting my courses. I prefer giving out nicely created value-driven content for free. As the external audience sees good content that they can use to add value to their work, they are automatically attracted to my courses here on Udemy.
I hope this helps. Please feel free to shoot additional questions as needed
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Thank you @GuilhermeMP
... Nice to meet you here0 -
Congratulations that is a big achievement!
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@Rahul Iyer
Thanks again for this post. I've read it several times and learn something new each time! I've studied your earnings graph and I'm curious about your experience with Udemy Business. How and when did you make that connection? Also, do you feel like the release of each new course improves the sales of existing courses, or just adds a new income stream? Thanks!1 -
Well deserved, congratulations!
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Hi @StanVangild204
,Thank you for the questions. Below are the details for the two questions:
Experience with Udemy Business. How and when did you make that connection?
I will share my experience of UfB by answering three questions:
- How did it start?
- Do I make courses keeping UfB in mind?
- What are my earnings from UfB today?
How did it start?
My Udemy for Business experience has been interesting. This is because when Udemy launched UfB, I had about 3-4 courses on the platform (in the marketplace). I read the terms and was excited. However, I knew that Udemy would shortlist a catalog of courses based on UfB requirements. So, I had limited control in adding my courses to the catalog. In about a month or two of the launch of UfB, I received an email from Udemy stating they picked one of my courses in their catalog. The course was picked because it had excellent ratings (4.7+) and was of a niche topic. When I compared that course with the other courses, I realized that the quality of the course was outstanding. I had used Whiteboard animation for the course and it was fully made on a software called "Moovly." It was not a typical slideshow and voiceover course. It had animations flying around which kept the audience engaged. As a result, they rated the course very high. The topic of the course was not in-demand, so the marketplace income was low. But because it was picked in the UfB catalog, it started earning more money.
The second course that got selected was even more of a pleasant surprise. I had released a forever free course. It was created with an intention to provide valuable knowledge in an excellent animated style. This course (though free) has always been rated above 4.5. UfB picked that in the catalogue. And this one started earning money too. I couldn't believe it. I thought that since this course is free on the marketplace, it will not earn money on UfB. However, I was wrong. I reached UfB support twice confirming if it will earn $$$ and they said yes both the times. And it did earn those $$$. That was a wow moment. I am not sure if UfB continues to include free courses in their catalogue today. I do not see this free course in the UfB catalogue anymore. But it did make good money for multiple years and I am happy about it.
So the start was interesting and I could see my earnings grow with UfB adding more to the bucks to the bank.
Do I make courses keeping UfB in mind?
No. Absolutely not. My niche is Six Sigma and Project Management. So, the main customers of my courses are employees of corporate organizations. However, adding my courses on UfB is not the focus.
I make courses keeping in mind the value it provides to students. My courses have the required content for the topic. I beef them up with my real-life personal experience and a number of anecdotal stories. I also try to ensure that the course quality is excellent. Plus, I prefer not to have any lose ends in the course. For example, if my course topic is Lean, I will ensure everything about Lean is added to the course outline and is covered well in the course. If something is not covered, I ensure that the course description clearly states this is not covered (for this reason).
I think these are the factors that resonate with the audience and they rate these courses very high. Once your course ratings are high, you are in the radar of UfB's algorithm (based on my experience). And as the required demand comes in, UfB will pick up your courses in their catalog.
Today, most of my courses are on UfB. And I never really struggled to add them to the catalog. I just keep getting emails that they are added one-by-one. And that is a nice place to be in.
I have seen other instructors (who focus on creating courses for UfB) getting frustrated because they expect results too soon. In my humble opinion, your job is to create a good course (basically do everything that is in your control) and trust everything else will fall in place. In time, it definitely will.
What are my earnings from UfB today?
Like most other instructors, 30% of my total income comes from UfB. Marketplace continues to dominate the revenue. But the 30% is a real cherry on the cake 🥰
Also, do you feel like the release of each new course improves the sales of existing courses, or just adds a new income stream?
It does both. As you keep releasing new courses, you start to have a dedicated following. These students become your raving fans. They love your courses and are your mouthpiece to everyone else. They regularly buy every single piece of content you publish. They have a problem and you are the go to guy/girl for resolving that problem. And each Udemy instructor who has been publishing courses for a long enough time sees this. So, this is a common phenomenon. Nothing big.
As a result, what happens when you release your new course?
- Your fans are eagerly waiting for the new piece of content that they could consume and cherish. They buy the course --> so you have added a new income stream.
- You accumulate new students who convert to future raving fans --> they have bought your new course and now search for any other courses that you have released previously. Thus, you improve the sales of existing courses.
This is an amazing cycle of events.
Sorry for the long post. Looking at your questions, I could feel your enthusiasm. So I kept nothing back. I hope this helps. Feel free to let me know for any additional questions
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Thank you @AtilSamancioglu
.. Nice to meet you and appreciate your note0 -
@Rahul Iyer
That is awesome! Thanks for being so generous with your time and knowledge. This is the kind of exchange of experience and best practices that makes the Instructor Club so valuable to me and many others. Much continued success to you and I hope to see more milestone announcements from you soon.2 -
Congratulations for all your efforts and display about knowledge acquired through series of endeavor. Iam Jesmion, iam not here to make money, because iam a free online Educator on Morality and Moral complexity. How would i be rated on aspect of non money conscious?1
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Hi @Jesmion
,Thank you. It is great to see that you are looking to publish free courses for topics such as morality and its complexity. The topics are unique. And there are hardly a few instructors who have all of their courses free.
You have asked a fantastic Q: how would you be rated on aspect of non money conscious? I will share my humble opinion and I would like to say that these are my views only.
Udemy Course Pricing:
Courses on Udemy are priced at $9.99 or slightly higher. So, you never really charge an exorbitant amount of fee that is even triple digit. Plus, Udemy policies maintain that you do not appear salesy. So, you content is always considered value-driven by the student community.
Citing these reasons, as a Udemy instructor, you are always considered to have a non-money conscious.
Free vs. Paid Content:
If you search any topic on YouTube, you will find a bunch of videos (in every niche) whose content is outstanding and provides complete end-to-end information for FREE. So, even if we have excellent videos on such a huge platform (such as YouTube), why is it that students come to Udemy and pay for the same information?
In my opinion, it is only when the student invests his/her money in buying a course, he/she becomes committed to completing it. It is a general mentality of every human: FREE stuff is great, but they will value if they are able to invest their money that will help them stay committed.
Conclusion:
I personally think that a paid course makes a huge difference to the individual who takes it as compared to a free course. When a student invests money, he/she is invested in the course.
These are just my thoughts. I am in no way, shape, or form wanting to influence your decision of keeping your courses free or paid. Whether it is a free or paid course, all that matters is you are adding value to your audience. And that's the best thing!
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Thank you @Anonymous
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Bravo! Next year will be better!
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Congratulations Rahul, You are my best friend now
I am at 177k, behind you.
your initial revenues were very much similar to of mine.
keep it up, I wish to see 1M Dollars post from you. Good luck
very happy for you
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Thank you @StanVangild204
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Thank you @AstonEdwards2020
... I am sure it will be for all of us. Nice to meet you0 -
Hey @AshishR
... Nice to meet you... $177K is awesome. I fully understand your dedication and focus to achieve this feat! Brilliant!!Agree, we must all post our achievements in this closed forum. It inspires and motivates everyone. I wish the same $1M post from you too, very soon
Stay in touch! 2 -
@Rahul Iyer
you did well by sharing this inspiring post. Thank you. Imagine how super little the beginning was...- Aug 2016 - $15.70
- Sep 2016 - $10.00
- Oct 2016 - $11.25
Thanks once again for sharing.
Congratulations!
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Thank you @Michael_D_Nwaogu
... Appreciate the note. Nice to meet you1 -
Thank you for your thought about my fantastic question; i thank you for your thought, i like it0
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Congratulations @Rahul Iyer . Your story is truly inspirational. Thanks for sharing.
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Thank you @SandeepKumarMathur
Nice to meet you0 -
Remarkable Journey Sir,
Very Motivational..
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Thank you @RiturajDixit
nice to meet you0
