I am a relatively new instructor with only two courses so far and one of the courses I have is about cutting-edge technology and is in high demand from the day one. It actually is a "best seller" since its second week of launching. I have set the price for that course at $199. It's been a few months and I have over 300 sales but hardly any sale is over $15 or so, and my revenue ranges between $1 and $6, mostly under $3, for each sale. Even when someone buys through my coupon links with 50% discount, Udemy discounts it further for them and they buy it for like $10 or so. How does the pricing work? I thought we could set our prices. Am I missing something? Am I unknowingly registered into some kind of agreement or program with Udemy that is causing this? If so can I opt out? I presume Udemy is advertising the course to get as much sale as possible but why at such a low price when the course is in high demand. Is there a way that we could a set a minimum price for the course so Udemy cannot sell it below that price? Any information to understand this is highly appreciated.
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