20 Essential Tools for Creating a Money Making Online Course (2024)

20 Essential Tools for Creating a Money Making Online Course (1)

Are you thinking of creating an online course? Does the tech stuff scare you? Confused about the tools needed to develop your course? Here, I’m going to break down all the tools needed by Course Creators in each step of the course creation process.

Note: Some of these links are affiliate links, which means I may get a commission if you try them and purchase. However, none of the fees have been increased to compensate me.

Step 1: Validating Your Course

Tools Used: Survey Monkey (for an online survey) or Zoom & Acuity (for phone calls with your ideal customer)

The first step in your course creation process is validating your course idea. This will involve surveying your audience to ensure that your course idea and content meets their needs. This can be done through an online survey, through phone calls with prospective students or a combination of both. The primary goal of this exercise is to make sure that what you plan to offer is exactly what your audience needs and wants. After all, you don’t want to go through all the hard work to create a course than no one will buy!

Step 2: Outlining Your Course Content

Tool Used: Word or Google Docs

After you have validated your course idea and clearly understand your customers’ fears and challenges, it’s time to outline your course content. In this step, you will brainstorm all content that you think should be included in your course. You can capture this information on a Google Docs, Word or even a sheet of notebook paper. Then you will use a mind mapping app such as Coggle to organize your content into steps, modules and lessons. Mind maps are great because they allow you to translate what's in your brain to a visual picture. It also easy to organize and move your course content around in a mind map so you can develop a clear learning path for your students.

Step 3: Build Your Course Content

The tools used in this step depends on how you are delivering your course content. You have several options here. You can build your content on slides in Canva, then record your voice over. Another option, which is popular if you are doing a software demo for your course, is to do a screen recording of your computer. The third option is to record direct to camera. In this option, you are speaking directly into the camera teaching your course content. Of course, many creators do a combination of recording from slides and direct to camera. The last option is an audio course only. See below for tools used for each option:

Recording from Slides: Canva

Recording from Computer Screen (e.g. software or app demo): Zoom

Recording Direct to Camera: Smartphone with tripod, mic and lighting

Mix of Slides and Direct to Camera: Mix of the above

Audio Only: Hello Audio

Hint: If you want to transcribe your course, it’s easy to use Google Docs to transcribe your content. Likewise, you can outsource cheaply to a firm like Rev.

Step 4: Creating Your Course Enhancements and Marketing Material

Tool Used: Canva

It’s important to make your course actionable and provide your students with cheat sheets, workbooks, how-to guides and other material so that they can take action on the information you have taught them.

In addition, you will need to develop any branding material such as your course graphics. Developing a course is just like launching a new product into the marketplace. In this step, you are branding your course and making it your own so it is recognizable by your audience.

Step 5: Hosting Your Course

Tool Used: Course Marketplace Provider, Standalone Platform,or Your Own Website with Plug In

In this step, you should decide what’s best for you in terms of hosting your course. In this blog post, I cover the pros and cons of hosting your course on a marketplace provider or a standalone platform such as a learning management system.

The bottom line: Use a marketplace platform if you simply want to teach and not worry about anything else. This option also works if you want to teach and share your knowledge with the world, but keep your full-time day job. Examples of marketplace platforms include Udemy, Lynda.com, Skillshare, and Simplilearn, just to name a few.

You should explore using a standalone or an all in one learning management system if you want to build a sustainable business that will provide income for years to come and allow your business to scale and grow. There are strong players in the market to consider for your learning management system. These include Kajabi, Thinkific, and Teachable to give you a few examples. Some Course Creators feel comfortable hosting their course on their own website with a plug-in such as Course Cats.

Step 6: Selling Your Course

Tool Used: WebinarKit or Zoom

Facebook ads and webinars are the tools of choice to promote your online course. The key thing to remember in this stage is to warm up your audience and build the "know, like, trust" factor before you approach them to buy your online course. You can attract your ideal customer through Facebook ads and then send the ad to a blog post with a free giveaway so you can build your email list. Private Facebook groups or LinkedIn groups for your business are another great way to build trust with your audience. This step takes time and it's important to start building your audience with your ideal customers long before you want to sell your online course.

Step 7: Supporting Your Customers

Tools Used: Private Facebook Group or Circle.so

I have taken many courses online and this step often gets overlooked. The power of a private Facebook groups specifically created for your paying clients is priceless. In your group, members can help answer questions and provide support. It’s also a way for you to answer questions from your group via a Facebook live on a weekly or bi-weekly basis so all members can benefit from your answer. Some business owners use Slack as a support platform for their customers, but based on my personal experience a private Facebook group or Circle.so for your paying customers works best when managed properly.

Organizing Your Course Project

Tool Used: Asana and Dropbox

Developing an online course is a huge project. It’s easy to overlook deadlines, miss deliverables, and lose precious files when you are not organized. You can use Dropbox to store all your course project files in the cloud. My suggestion is to organization them by topic. For example, create a Module 1 folder and a folder for each lesson in Module 1. When it comes time to upload your videos and course enhancements to your learning management system, you will find that everything is organized and doesn’t get lost in the madness!

Asana is my tool of choice to manage my course projects. Asana is a project management tool (free for the basic service) where you can input all course deliverables and assign them to an owner with dates.

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20 Essential Tools for Creating a Money Making Online Course (5)

20 Essential Tools for Creating a Money Making Online Course (2024)

FAQs

How do I create an online course for profit? ›

Here are a few ways to sell your course and earn money:
  1. Run a weekly webinar. Webinars are generally low cost and a good way to generate leads for your course. ...
  2. Prioritize email marketing. ...
  3. Appear on a podcast. ...
  4. Use social media marketing. ...
  5. Run paid ads. ...
  6. Adopt SEO tactics. ...
  7. Build a content marketing strategy.
Dec 4, 2023

What online course makes the most money? ›

The top 7 most profitable niches for your online course range from focusing on teaching business-related skills to entertainment, hobbies and lifestyle:
  • Entrepreneurship and Business.
  • Entertainment.
  • Digital Marketing.
  • Computer and IT.
  • Health and Wellness.
  • Career Coaching.
  • Arts and Crafts.

Is creating an online course profitable? ›

Can you make money selling online courses? There are are several monetization options for a course creator. Successful course creators make around $1k – $10k per month on average. The top course creators can make 6- to 7-figure incomes per year.

How do I create a best selling online course? ›

They are:
  1. Pick the perfect course topic.
  2. Ensure your course idea has high market demand.
  3. Create magnetic and compelling learning outcomes.
  4. Structure your modules and course plan.
  5. Determine the most engaging and effective delivery methods for each lesson.
  6. Produce your online course: filming, recording, and editing.
Oct 11, 2023

How to create an online course for passive income? ›

Building an Online Course: How to Earn Passive Income from Your Expertise
  1. Identify Your Expertise. ...
  2. Define Your Target Audience. ...
  3. Plan Your Course Structure. ...
  4. Develop High-Quality Content. ...
  5. Choose a Learning Platform. ...
  6. Engage with Your Learners. ...
  7. Market Your Course. ...
  8. Continuously Update and Improve.
Jun 27, 2023

How to monetize a course? ›

Membership Sites. You can make money off your courses by selling them on a membership site. These sites work by selling memberships to your users where they can access exclusive content, in this case, your courses. There are several tools you can use to transform any WordPress site into a Membership site.

What pays most online? ›

Here are some high-paying remote jobs that individuals can pursue without a degree: Software Developer/Engineer, Online English Teacher, Web Developer/Designer, Digital Marketer/Social Media Manager, Cybersecurity Specialist/Ethical Hacker, Data Analyst/Data Scientist, UI/UX Designer, Sales Representative or Account ...

What is the highest paying skill online? ›

Top 13 Highly Profitable Skills to Make Money:
  • Digital Marketing.
  • Social Media Marketing.
  • Website Development.
  • Affiliate Marketing.
  • Content Writing.

How to get paid for online courses? ›

If you're interested in how to make money with online courses, there are a few techniques you should follow to maximize your earning potential. Consider attracting your audience with free teaser content, then putting complete access behind a paywall and encouraging satisfied customers to leave reviews or testimonials.

How to sell a course with no audience? ›

To reach other audiences, you'll do things like:

Make your course available to influencers or other content creators and ask them to mention it to their audience in exchange for enrolling your course. Talk about your work (and your course) as a guest on podcasts.

What is the average cost of creating an online course? ›

At an estimated 80 to 280 hours required to develop a 1-hour course, you can expect to pay roughly $5,850 USD to over $15,000 USD to get a fully polished course, in addition to the cost of your SME (Subject Matter Expert).

How much does it cost to create an online course? ›

At an estimated 80 to 280 hours required to develop a 1-hour course, you can expect to pay roughly $5,850 USD to over $15,000 USD to get a fully polished course, in addition to the cost of your SME (Subject Matter Expert).

Do I need an LLC to sell courses online? ›

You do not need to have a formal business entity to start and run an online business. Still, forming an LLC provides you with some significant benefits, which we will discuss more in detail below. Also, forming an LLC for your online business creates credibility and consumer trust, which can benefit your sales.

How do you monetize an online course? ›

Pay per course

The simple and the most commonly adopted revenue model of online courses is the pay-per-course model, where you can sell courses individually. People would love the revenue model as there isn't any commitment that they should pay for a subscription or a bundle.

Is it legal to sell online courses? ›

Yes, there are several legal requirements for selling online courses, which vary by jurisdiction. Some common legal requirements include: Business Licenses: Depending on your location, you may need to obtain a business license to sell online courses.

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