Udemy business model

As a teacher, you get paid for the number of minutes watched by students in their classes each month. Teachers typically earn between $0.05 and $0.10 per minute-watched . This means that if your students watched 10K minutes of your class in the first month, you’d earn between $500 and $1,000.

If you are a creative, Skillshare is a great place to monetize your knowledge . Skillshare students are hungry to improve their craft. By contributing your skilled knowledge, you will be included in a vibrant community and have the opportunity to make consistent passive income at the same time.

Skillshare FoundedNovember 2010Area servedWorldwideCreated byMichael Karnjanaprakorn Malcolm OngKey peopleMatthew Cooper, CEOURLskillshare.comSkillshare – Wikipedia en.wikipedia.org › wiki › Skillshare

As people were forced to quarantine at home, they found themselves using their spare time to invest in online education. Skillshare, just like other online learning platforms such as Coursera or Masterclass, experienced a surge in user activity . The company was able to grow almost twofold over that very same time span.8 Tem 2021

As a content-first SaaS , Skillshare is big on tracking user engagement. One of the key things Karnjanaprakorn has noticed is that customer retention rose gradually as their library grew—you finish a course, and there’s a high chance you’ll find another course that also matches your interests and goals.