Business Idea

Start An Online Course Sales Business

About

Starting an online course sales business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online course sales, or selling online course sales online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an online course sales business ➜

Key stats

market size
$15.6B
starting costs
$9.29K
gross margin
95%
avg product price
$350
time to build
5 months

About

Starting an online course sales business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online course sales, or selling online course sales online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an online course sales business ➜

Key stats

market size
$15.6B
starting costs
$9.29K
gross margin
95%

 

avg product price
$350
time to build
5 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $750 $7,000
Equipment & Supply Expenses $500 $5,000
Training & Education Expenses $0 $1,000
Software Expenses $0 $594
Advertising & Marketing Costs $0 $2,750
Website Costs $13 $215
Other Expenses $0 $500
Specific Industry Expenses $0 $100
Total Startup Costs $1,263 $17,159

Successful Businesses

Business URL Rank
Simplilearn simplilearn.com #4,294
Shaw Academy shawacademy.com #6,017
Real Estate Express realestateexpress.com #10,436
Learnworlds learnworlds.com #24,947
Sales Hacker saleshacker.com #26,280
Laimoon laimoon.com #26,800
360training - Satisfy Regulatory Requirements 360training.com #46,074
Best Academic Courses academiccourses.com #49,813
TSCourses tscourses.com #127,544
Grant Cardone Sales Training University cardoneuniversity.com #137,606
Sales Tax Institute salestaxinstitute.com #192,145

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a online course sales business costs significantly less money than most businesses, ranging anywhere from 1,263 to 17,159.
Rewarding work Starting a online course sales business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A online course sales business gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your online course sales business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your online course sales business in order to stay relevant for your audience and for those searching on google.
Lack of benefits With a online course sales business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a online course sales business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a online course sales business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a online course sales business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

Marketing Ideas

  • 1

    Affiliate Program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

  • 3

    Social Media Advertising

    Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

    According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

    Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.