Here is your first edition of Turning Your Knowledge Into Profits!
Today we are going to talk about a great place to post your trainings online and make a little extra cash! Our resource today is : Learnable.com
So what is Learnable? Here’s their tag line…
Got a passion?
- Share it at Learnable.
- Make an online course. It’s an easy way to share what you know!
- We’ll find the students if you make the course. Deal?
So here’s your BIG question…
How do I make money?
- You prepare the course and create on their system using the Learnable course tools.
- Learnable hosts it and looks after the technicalities behind the scenes.
- When a student buys your course, Learnable keeps a percentage of the fee.
- The rest of the money goes direct to your Learnable account.
- Once it hits $100, you can transfer it to your PayPal account.
To get an idea of course pricing, take a spin through their course catalog.
You (and Learnable) make money from enrollment fees.
In most situations, enrollment revenue is split 50/50 between you and Learnable.
They are also working with “channel partners”—high-traffic web sites who may be interested in promoting some Learnable courses. If a student enrolls in your course via a channel partner, your share is 20%. The 80% is split between Learnable and the channel partner—who in return for promoting Learnable courses to their audience generally ask for a significant part of that 80%!
You aren’t obliged to allow students to enroll via channel partners. If you opt out the split is 50/50 for all enrollments. (but I’d recommend that you don’t opt out of that!)
Pesky expenses like payment processing fees are deducted before you, or Learnable, or partners see any money.
And you are an Internet Marketer so here’s your second question…
Can I add affiliate links?
Sure. Affiliate links are fine. Just make sure you tell your students whenever you include an affiliate link. For example:
“The sites I’ve linked to and recommended in this course are ones I believe offer real value. Some of these recommendations include affiliate links, which may generate revenue for me.”
Some users get a bit thingy about affiliate links. Tell them up-front, and you’re in the clear: if they don’t want to use an affiliate link, they can type the site’s URL into their browsers themselves.
So check it out -> Learnable.com
To your success,