The Various Sources Of Revenue Guaranteed Through Udemy Clone App Development:
Nowadays, learning online is easily accessible through apps like Udemy. All we have to do is enroll in the e-learning platform and choose a suitable course you are looking for, and voila! You are ready to learn the course in your spare time. Such online learning platforms offer diverse course options. Courses cover a whole range of subjects that help people get where they want to go in their careers and lives — from coding and design to yoga and cooking. And after the pandemic, many learning platforms have emerged and more people have shown interest in learning new skills. For example, Udemy has more than 32000 courses in 170 countries. All you have to do is sign up for the course of your choice, pay fees or subscribe. You will get access to the course content based on your payment plan.
Udemy clone app helps both entrepreneurs and tutors to generate revenue in a profitable way. There are multiple streams of revenue that are generated through Udemy clone App development. They are
- Course fees: Whenever a student or enterprise enrolls a team of professionals to access a particular course for skill development, we can charge a certain fee for that course so that the enrolled learners can access the content for a limited time, say quarterly, half-yearly or yearly.
- Commission fees: Udemy clone apps are just mediators that offer instructors a platform to create their own courses, though Udemy does not sell any products, it commissions the instructors for using their platform for selling courses. The commission rate depends on the number of students enrolled in that particular course. So, every time a student buys a course, the company earns money.
- Subscription Charges: In this model, students and professionals are charged with a monthly/quarterly/ yearly subscription for providing unlimited access to subscribed content. For example, Udemy Pro Cost (Udemy’s subscription fees): is $19.99 per month. A large part of the money is generated through subscriptions, and this is proven to be the stable method for generating revenues.
- Organic revenue: Organic sales occur whenever a student browses the Udemy clone app platform and finds a course he/she is interested in. Furthermore, no instructor coupon is used when purchasing the course. In this scenario, the Udemy clone app platform and the course instructor share 50 percent of the course sales.
If you are an entrepreneur /tutor looking to start an e-learning platform/ Udemy clone script/ Learning management system for setting up your online course, then you have to check out the best in town LMS platform, ExpertPlus LMS.
More about ExpertPlus LMS:
ExpertPlus LMS, a unique and imminent product Udemy clone script created by a team of high-tech engineers, with all the Udemy features that are ready to use. For further details contact BSEtec and ask for a free demo to build your own online learning management system.