I have been toying with the idea of starting my own versions of eLearning since a long time. I have made some YouTube.com videos and I have did earned some money from them. The revenue model here is only YouTube Adsense. And what else is maybe understood as branding or mass reach and all this for pure free of cost.
Now somedays back it occurred to me about hosting Video courses on Udemy.com.
UDEMY Instructor Revenue Share
There is no fee 2create & host a course on Udemy, & u can publish as many free & paid courses as U like
# Instructor Promotion: 97% revenue share
# Udemy Organic: 50% revenue share
# Paid User Acquisition Channel Sales: 25% instructor revenue share
All in all exciting. eLearning with the best ways.
Now I want to say that video production is not affordable for a 1 man army like me. So the only other way would be – book publishing. There is only 1 great book publishing and its Amazon – Kindle.
Amazon’s list of 100 best-selling books has become a pricing free-for-all. During the week I’m writing this, 21 books were selling for just 99¢. Others were priced at $4.98, $7.59, and $8.82. The most expensive single book, at $16.99, was Dick Cheney’s memoir. There is none of the clarity of iTunes in its early years, when the price of music tracks was fixed at 99¢.
Amazon pays out a royalty of 70% on all Kindle titles priced between $2.99 to $9.99. For eBooks priced below $2.99 and above $9.99, Amazon pays out only 35%.
To encourage more readers with a low price and still get the 70% royalty, you would set your price to $2.99. Every sale will yield you a net royalty of $2.09 per sale.
If you opt to maximize your exposure and price your book at $0.99, then you’ll get 35 cents per sale. In order to get $2.09 in royalties with a book priced at $0.99, you’ll have to sell 6 books. If you sell 1,000 books at $2.99, then you’ll make $2,090. If you are contemplating a price drop to $0.99, then you’ll have to sell 5,972 books to make the same net royalties you did when it was priced at $2.99.