Passive income is an income earned from sources where you are not materially involved and hence is deemed to be an attractive and easy income source. But to tell you – though material non involvement is true to certain extent, there is no substitute for hard work. Whether it is active income or making passive income online, all need lot of diligence and hard work.
With digitalization storming the income arena, everyone is inquisitive about the online income earning sources and thus we are confronted with the question – how can we make passive income online? The answer to this simple question is quite simple – through UDEMY.
UDEMY is basically a platform which brings together the students and teachers or to say it helps the instructor to built a course and then in turn monetize it to eventually benefit the students. So a win-win situation for all, the instructor earns while the student learns. Creating a course on UDEMY is very simple and its reach is very widespread, thus holds wide prospects.
Now after this discussion, if you feel that you have a subject (anything from yoga to mathematics) which is your forte and you want to make good money by using this capability of yours, then you are at the right place.
Let’s Take a Detailed Look as To How to Make Passive Income Online With Udemy
To make your UDEMY course work for you, it is important that you choose a subject, which is not discussed much, and your content is not repetitive. Only then, you will be able to attract traffic and make good money out of your course.
There are certain simple and basic steps, if followed effectively, can ensure the success of your course. Let’s discuss them in detail and make our dream to make passive income online come true:
1. Careful and Meticulous Framing of the Course Content
A. Choosing the Right Topic
There are around 25000 topics doing rounds on UDEMY, and thus it becomes increasingly difficult to make your course stand out. The only way out, is to make your course content suit the needs of students and be different from existing contents.
Choosing the topic of your UDEMY course is simple. Either you can write on your area of specialization or you can select from the already popular courses available on UDEMY. The immense variety of courses available on UDEMY gives you a wide array of choice. Take your own time and undergo meticulous and some thinking before you pick up your choice of course. To make passive income online with UDEMY course, make sure that the course content sounds and looks interesting, authentic and different from what others are offering.
B. Target Check
Once you are settled with the topic of your course, the task of assessing what audience your course is targeting to come into picture. Whether it is an advanced or a beginner’s course and what age group is it going to cater, all needs to be worked out. Based on these basic information, you can plan your promotions and set targets for yourself.
C. Captivate Through an Engaging Title
The first impression is definitely very important. Make it a good one by choosing an attractive title. A catchy and descriptive title can definitely compel readers to go through your course.
Make sure that your course ranks well on search engines by optimizing the title for keyword research. These little details, when undertaken, can help us accomplish our goal to make passive income online.
D. Decide On the Format of Your Course
As by now you are sorted with the choice of your course and title, you need to see how you will present your course. To say, now you have to work on the body format of your course (the division of course content into different sections). On UDEMY, the formatting is made simple – as it gives you a wide choice of six ways to present your course: video, presentation, audio, text, document or a mashup (video and presentation).
Certain pointers to be kept in mind while deciding over the format for the body of your course are:
a. Include an introduction and a conclusion to every lecture, giving the students an insight of what they will learn and gain from the course.
b. Keep the duration of lessons short, so that interest of the students can be upheld (recommended length is from 2 to 10 sec).
c. As in case of physical teaching, keep your lecture interactive and engaging by doing certain quiz ups or question answer rounds in between the lectures.
d. Visual teaching has by far proven to be the fastest and most engrossing form of teaching. Format 60% of your course using videos, so that students find the course interesting and easier to remember.
Once all the content-formatting tasks are taken care of, the next step towards making passive income online through UDEMY is to upload a test video on UDEMY, where you explain the content of your course and in-turn receive a feedback.
2. Produce Your Content Well
When you are done with the choice of formats, it is important to see that the quality of your audio and visuals be of supreme quality, because a content which can’t be heard or seen well, or to say is not a sensory delight, will surely create a negative impression. Such a negative air can reduce your traffic considerably.
So make your content an audio visual delight and fulfill your dream to make passive income online with UDEMY
A. Check on Audio Quality
While recording your lectures, make sure that the quality of your microphones is good and the voice has depth, is clear and free of any background score. A sound which is cracking, having disturbances can be a big put off, leading to the failure of the course to attract traffic. Eventually, a setback to our plan of making passive income online, with UDEMY course.
B. Check on Video Quality
As in case of audio, the video too needs to be of high quality to look professional and engrossing. The course video should be in 720p HD to be published on UDEMY. Your smartphone or camera can be used to record the same.
Apart from that, it is important to see to it that the resolution of the 720p format is 1280 x 720 for best results and great picture quality. CAMTASIA is a great choice for screen editing and recording, and can help even a novice record to perfection there by improving the presentation values of the course and hence moving closer to making passive income online with UDEMY.
3. Perfect Your Sales Page
Now comes the most important aspect of any business – creating sales. In this case where the course is going to be launched online, we need to entice the prospective customers by having a carefully drafted, informative and attractive sales page.
Without the help of effective landing page, it is not possible to penetrate in the already crowded online market and make passive income online.
The LANDING PAGE HAS FOUR MAJOR PARTS NAMELY:
A. Course Image
There are many applications designed to meet your requirement of an effective landing page. For instance, on Fiverr or Odesk, you can hire someone to develop a unique and attractive page for you at a nominal pocket pinch.
The course image an important part of the landing page stands on the top left- hand corner of the page. This image establishes your brand, so create it with care.
B. Course Summary
This section pertains to explain the objectives of the course: what is the USP (unique selling preposition) of the course, what problems it purports to solve and why it should be chosen over other courses. So this summary is actually what converts the traffic into a customer, thus should be drafted after detailed research and should be well written. An important aspect in deciding whether we will make passive income online with UDEMY or not.
C. Author Profile
To gain the trust of readers and to justify your credibility, it is important to tell the readers how your qualifications support your content. A detailed description of your other works and clients along with your educational qualifications in connection to your course topic can help increase the conversion.
So have a well-crafted profile, which establishes the confidence of the readers in your capabilities to teach the course you have created.
D. Promotional Video
A promo video is a visual insight to your entire course in a precise time of 2-3 min. So make sure it covers all the worth-mentioning facts regarding your course and is simple and catchy, so that you can increase your conversion and thus make substantial passive income online using UDEMY.
One of the most important aspects of successfully selling any product or service is to see to it that its price justifies its value. So make sure your UDEMY course is well-priced, according to industry standards.
Now here we come to the end of successfully creating an UDEMY course and thus being just a step away from making passive income online using UDEMY. The income will start flowing in once your course content is evaluated by the UDEMY team, based on their Course Quality Checklist. When they give you the green signal you will be called an instructor on UDEMY – making lucrative sums!!!!