The latest report from Forbes claims that the e-learning market can reach $325 billion by 2025. So it can be profitable to start such an educational business. However, to achieve success, you need to offer users some unique opportunities.
These days, there are a lot of popular educational platforms such as Coursera, Udemy, and Udacity. All of them offer various types of learning materials (e.g., videos, articles, games, podcasts, etc.).
All of them have various business models. Let’s compare Coursera and Udemy to understand the difference:
- Coursera: This platform cooperates with various colleges and universities such as the University of Michigan, Stanford, and others. There are many learning materials that visitors can use for $39 to $79 per month. Also, Coursera offers more than 1,100 free courses.
- Udemy: This learning service offers many training programs. They tend to be shorter in comparison to Coursera’s. Udemy allows users to publish learning materials after the verification process. It doesn’t take a lot of time but guarantees the quality.
It can be time-consuming and tricky to develop a successful e-learning service. You need to hire a qualified and experienced team to develop a Website or Web app. And it is crucial to work with excellent tutors who offer knowledge on a variety of topics.