What: An American online learning platform aimed at professional adults and students with millions of customers
Expected pay: Speculative
Commissions & fees: 3% to 75%
Where: Nationwide
Requirements: A computer; quality iPhone or other video equipment to record your classes; a decent computer, internet connection, and editing skills
Review:
PROS:
- The site has about 17 million customers
- You can teach an array of classes; if you have a passion and think you can teach it, you may find someone interested in paying for your class
- Classes range from computer coding to organization
- Set your own price/class
HOW IT WORKS:
- You create a sample video for the site to evaluate for quality and production essentials
- If accepted, you create your class, upload, and price it for sale
CONS:
- Sliding pay scale based on how the buyer accessed the site
- 97% of the revenue from the sale goes to you if you brought your own buyer
- If Udemy brought the buyer, you get 50% of the sale
- You only get to keep 25% of the sale if the buyer accessed the class through one of Udemy’s affiliate marketing deals
- Most classes sell for $10 because of running promotions that discount their courses
- There have been claims that the site steals course materials from providers and is not held responsible for the protection of the provider’s intellectual property
Other sites to offer a course are Teachable and Thinkific. If you’d like to teach online via live Zoom connection, check out Outschool.
What Their Teachers Say: (From Glassdoor)
I have been working at Udemy
Pros
The passive income is nice. good sales going on
Cons
not consistent pay over the year
I have been working at Udemy for more than a year
Pros
passive income, many connections. Job satisfaction and good opportunities
Cons
no job security and no guarantee of income. One bad rating can be devastating.
