There are several pricing models that you can use when selling your online course. The right model for you will depend on your business goals, the value of your course, and your target audience. Here are some of the most common pricing models for online courses:
One-time payment: With this model, students pay a one-time fee to access your course. This is a simple and straightforward pricing model that can be easy for students to understand. However, it may not be as lucrative as other models if you have a large number of students.
Subscription: With a subscription model, students pay a recurring fee to access your course. This can be a good option if you plan to continually update your course or offer new content on a regular basis. However, it may be less appealing to students who only want access to the course for a short period of time.
Pay-per-view: With a pay-per-view model, students pay a fee to access each individual lesson or module of your course. This can be a good option if you have a course that is broken up into smaller chunks of content. However, it may be less appealing to students who want to access all of the course material at once.
Tiered pricing: With tiered pricing, you offer different levels of access to your course at different price points. For example, you could offer a basic version of your course at a lower price point and a premium version with additional resources and support at a higher price point. This can be a good option if you have a course with different levels of content or if you want to offer different options to students with different needs and budgets.
Bundle pricing: With bundle pricing, you offer multiple courses or products together at a discounted price. This can be a good option if you have a series of related courses or if you want to offer additional resources or support to your students.
Pay-what-you-want pricing: With pay-what-you-want pricing, you allow students to choose their own price for your course. This can be a good option if you want to make your course accessible to a wide range of students, or if you want to build a loyal and supportive community around your course. However, it can be risky as you may not be able to predict your revenue and may not be able to sustain your business if you do not receive enough payments.
Free with upsells: With this model, you offer a basic version of your course for free and then upsell students on additional resources or support. This can be a good way to attract a large number of students and then monetize your course through upsells. However, it may be difficult to convince students to pay for additional resources if they have already accessed the basic course for free.
Free trial: With a free trial, you allow students to access a limited version of your course for free, and then charge them a fee to access the full course. This can be a good way to give potential students a taste of your course and persuade them to purchase the full version. However, it can be difficult to convert free trial users into paying students.
By considering these different pricing models, you can choose the one that best fits your business goals and the value of your course.