How I made $7,301 with my first online course
TL;DR
- I summarized everything I knew about personal finance into a PowerPoint presentation, and recorded myself to turn this into a 2 hour video course
- Did a pre-sale with continuously increasing prices, which led to 50 pre-sales
- In total I have sold 72 copies and made $7,301
- The main challenge has been to turn this into a passive income stream, as sales dropped significantly after launch
What I Learned
I made a video on how I made $7k+ with my first online course:
- Why & how I created my course
- My results & challenges
- Why you should consider creating a course as well
If you have any ideas on how to improve my sales, or have any further questions, let me know.
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Can you summarize the video into a TLDR for us on indiehackers?
I've added a TL;DR to my post. But watching my 9 min video with 2x only takes 4.5 minutes, so I highly recommend you do that as well :)
This comment was deleted 4 years ago.
I've added a TL;DR to my post. But watching my 9 min video with 2x only takes 4.5 minutes, so I highly recommend you do that as well :)
the point isn't that I don't have 4.5 minutes or 9 minutes. It's that I'm on Indiehackers and any click is a HUGE jump.
Are you looking for feedback on what to do next?
If you have any ideas on what I could do next, I'm all ears :)
a few ideas:
Do you still earn from it till now or is it dead?
Congratulations!! That's a great achievement.
I made a similar amount with my first course launch too and sales dropped off after the launch. I decided to launch a second, related course about 3 months later which made about $6k, and then went from there.
If I were you, I'd focus on growing your mailing list so you have a bigger audience to sell to. Creating a free mini-course that leads into your paid course is a great way to do this.
And then keep going with your next course! Is there an advanced version of the course you could sell to your existing buyers? Or a live workshop of the same material you could run?
Good luck!
Maybe the reason why people that don't know you didn't buy it in these past few months is because all your prices end in 7... 😅 Maybe they associate numbers ending in 7 with "fake gurus" since all furus nowadays are offering a course finance & investing course for 97, 197, 997, etc. etc. Just a thought. Also, the "health, wealth, love, & happines" in your description of what you do sounds a bit too much like Tai Lopez.
Good point. Maybe I should just change the price to $100 and forget about all the psychological pricing nonsense. Would be worth a try!