Tips From Some Of The Bestselling eLearning Creators
There are plenty of people who could benefit from teaching online. Whether you are a school teacher looking for extra income during the summer, a former teacher looking for a side gig, or someone with an educational background with a passion for teaching, online teaching can be lucrative. Even if you haven’t taught in a formal setting before, it is still possible to make money teaching online. If you specialize in any field, you could be a good fit to compete with some of the best online tutors and course creators. We like proven methods, reliable tips, and long-lasting results when it comes to how to make money as an online tutor. That’s why we are sharing actionable and quick ways to make money using the knowledge and skills you already have.
Proven Ways To Make Money Teaching Online
If you are seriously thinking about how to earn money by teaching online, the first thing you have to decide is the type of online tutoring you want to adopt. There are various options depending on your qualifications, experience, how much time you can spend, and of course, how much revenue you would like to make. Now, let’s go through the options you have.
1. Become An Online Tutor
Do you have expertise in a particular subject, or do you have experience in teaching students in a university in any subject? If yes, you can try to become an online tutor and make money teaching online.
- Teach online in the comfort of your home.
- You decide your schedule.
- Decide your tutoring rates based on your revenue goals.
- Relatively low pay when starting out.
- University education is required to make it big.
2. Sell Online Courses
Selling online courses is one of the best ways to make money by teaching online. But if you want to make a good income out of it, start your own online course website instead of hosting your course somewhere else.
- Create a course once and sell it forever.
- You can select the subject of your choice.
- No limit on the amount of money you can make.
- No educational qualification is required.
- Easy to create courses on platforms like Udemy when starting out
- You need to put in work up-front to create the best-quality online courses.
- Marketing activities and finding clients is your responsibility.
3. Become An Online Coach
Selling online coaching programs is another great way to make money teaching online. If you have the potential to impact other people’s lives, you must give it a try. If you are brainstorming about how to earn money by teaching online, try online coaching, as the value of online coaching sessions justify high prices.
- Potential to change the lives of clients.
- High-profit margin and money-making potential.
- Low initial investment.
- You need to earn leads first.
- Hard to scale.
4. Teach English Online
If you are passionate about the English language and are a native speaker or have valid experience teaching English, this is one of the best online tutoring ideas. You can work as an ESL teacher to help your students practice their language skills.
- The scope is wide.
- Flexible timing and reaches students across the world.
- Plenty of platforms are available, including VIPKid, Duolingo, and more.
- Lower pay than online tutors of other niches.
- No college education required.
Best Tips To Make Money By Teaching Online
Many educators have flocked to online teaching as it’s easier to monetize than other niches. Being an online teacher, you can set your price and have control over your tutoring business, meaning the sky’s the limit on how much money you can make. Now that you know the different tutoring types to adopt, let’s look into some of the best tips when teaching online.
1. Teach On Multiple Platforms
If your primary goal is to make money teaching online, it’s not a good idea to put all your eggs in one basket. Instead, choose multiple platforms to establish your presence. This will help you find more work, provide security, and, yes, make more money, too. Just make sure you plan things ahead and schedule classes effectively to avoid clashes.
2. Keep A Great Intro Video Handy
Most online tutoring platforms require tutors to create an introductory profile. Even if you are running your own tutoring website, you will need this. This is what your potential students and their parents will check out before signing up for your classes. If you need any references, you can check out teacher intro videos on YouTube for inspiration.
3. Learn The Art Of Student Retention
You might have heard this a lot: retaining a student is much better than earning a new client, and is more cost-efficient too. To keep the money flowing, work on retaining your students. Make sure you don’t compromise the quality of your work, and offer additional perks to learners who repeatedly join your classes. Make them feel included in your community so that they will not only stick around but also bring more clients.
4. Put In The Effort To Prepare Engaging Lessons
To ensure your lessons are always informative and interactive, create a lesson plan and source the materials you need ahead of time. Invest in ways to create engaging lessons that your students will love. People expect online learning to be monotonous; show them that it doesn’t always have to be so!
Bonus Tip: Invest In Your Teaching Space
Teaching online from the comfort of your home is much easier when you have the right setup. If you want to go big, invest in quality gear like laptops, webcams, headsets, whiteboards, a lighting setup, and online tutoring software. A proper desk with adequate lighting will ensure that you are seen clearly. Make sure you convey a professional appearance to your students in your looks and the setup.
Online teachers educate others in different ways, for example, through video calls and online courses. Selling online courses or hosting online classes can be quite lucrative if you can provide great content and reach your target audience. Plus, with the modern online platforms, you can start immediately.