Source: Amar Ujala
E-learning has rapidly gained popularity due to its ability to include elements such as accessibility, ease, and performance.
In today's world, if you have in-depth knowledge of a subject and basic technical skills, you can make a living by monetizing your content and teaching students online. You will enrich your students' learning experience simply by leveraging the tools available to you by presenting your material online in a variety of ways.
There are several ways to illustrate a concept, ranging from PowerPoint presentations to video lectures, audio recordings, and visual examples, and you can use any or all of them, depending on your students' needs. Let's take a look at the various content monetization models.
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- On-Demand Ad-Supported Video (AVOD)
A good example of an AVOD site is YouTube. The higher the number of people who see your advertising, the more money you'll make.
This model, however, has a fundamental flaw: it does not account for ad-blockers. Ad-blockers have grown in popularity in recent years, and they can have a significant impact on your ad sales. This is why AVOD should be used in conjunction with other versions.
- Subscription-based monetization
It will grant them access to your content library, allowing them to learn whatever they want in a structured and orderly manner.
As a content producer, you can estimate your monthly profits to some extent because you can rely on a certain number of subscribers. This model also allows producers to produce quality content to keep and attract new subscribers. As a result, it's a win-win situation for everybody!
- PPV (Pay Per View)
This transactional model is ideal for consumers who only use a creator's services occasionally. You can charge in a variety of ways as a maker, depending on the type of product or service used and the amount of time spent using it.
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- Premium Membership
The goal is to get your users addicted to the content, which will encourage them to renew their subscriptions and spread the word about your product to other potential customers.
- Affiliate marketing
You'd also have a link to the partnered website to guide viewers there. If you won't get money from the users directly, the company with which you've collaborated will sponsor you.
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