The potential earnings from selling online courses in 2024 can vary widely based on different factors such as the topic, length, platform, the reputation of the course creator, and the quantity and price of the courses sold. A course could be priced at anywhere from a few dollars to a few thousand dollars.
If you are well-known within your field and have a high-quality, in-demand course, you may be able to charge in the higher range. For instance, popular platforms like Coursera often price their online courses between $29-$99, while specialization courses may cost around $250-$500. Special certificates or degree programs may range from $15,000-$25,000.
If you are hosting your course on a platform like Udemy, prices might typically range from $20-$200, but these often go on sale for cheaper. However, bear in mind that these platforms take a percentage commission, which could range from 3% to 75% depending on whether or not they helped in the promotion of your course.
On the other hand, if you host the course on your own website, you keep all proceeds but also will be responsible for all marketing and promotional efforts.
If you price a course at $100, you'd need to sell 1,000 courses to make $100,000. If the course is priced at $500, you would need to sell 200. So, the earning potential can vary significantly depending on these factors. This doesn't take into account the costs you might incur in the creation, marketing, hosting, and maintenance of the course. Therefore, while it is entirely possible for you to make six figures or more selling online courses in 2024, it's essential to keep these considerations in mind.