Top 5 Online Learning Business Ideas & Niche
Online learning in the current scenario is not just providing convenience to the students and teachers but also to the working professionals. The surge in the demand due to the Coronavirus pandemic is creating new opportunities for the EduPreneurs in Online Learning.
Today we will be discussing the top 5 business ideas for the online learning industry. Here we go!
1. E-learning Business
First of all, due to the COVID-19 pandemic, nearly all the schools, colleges, and universities are closed. Out of these educational institutes, many are now moving forward by adopting the online learning system.
Secondly, the outbreak is not the only reason behind the boom in the e-learning industry. The other reason is the constantly increasing school and college fees. Students these days focus on the quality of education they get, no matter what mode of learning they use. That is why platforms like Udemy and Coursera are growing day by day.
Udemy — The American online learning platform, Udemy, was developed in May 2010. Udemy offers courses in over 65 languages to more than 50 million students and 57,000 instructors. As of Jan 2020, there have been over 295 million course enrollments.
Coursera — Launched by two Stanford professors, Coursera is a world-wide online learning platform founded in 2012. The platform offers massive open online courses, specializations, and degrees.
How does an e-learning platform like Udemy or Coursera work?
Well, here is imagery explaining how e-learning platforms work!
2. Online Language Learning
Online language learning platforms like Verbling, Livemocha, italki, etc. are changing the way people learn new (foreign) languages. These language learning websites are helping people master new languages by connecting with trainers across the world. Audio and video chat features play an important role in this.
Here I am listing the must-have features of an online language learning platform:
- Collaboration Of Various Learning Tools
- Online Course Catalogs
- Responsive Design Features
- Self Registration
- Availability Features
- Audio/Video Chat Feature
- Mobile App
- Multilingual Functionality
- Multiple Payment Gateways
Building an online language learning platform is another great idea if you have the right skill set & you are ready to teach people from all over the world. Here are a few insights about the major players of the online language learning industry:
3. Online Fitness Coaching Business
Coronavirus pandemic has taught different lessons to all the businesses around the globe. Fitness & Personal Training is one of the many industries impacted by Coronavirus. Entrepreneurs in this industry have found alternatives and are utilizing the video streaming options of different social media platforms like Facebook, Instagram, YouTube, and even TikTok.
Since video streaming over different social media platforms is not an organized & the best way to monetize the knowledge of a fitness consultant. So, creating an online fitness and personal training platform where people can book online fitness classes, the entrepreneur can monetize in the right way.
HealthifyMe — HealthifyMe is an Indian digital health and wellness platform that provides services such as calorie tracking, one-on-one nutrition and fitness coaching, and diet and workout plans.
4. Online Culinary Coaching Business
Competition among restaurants is constantly exceeding and this industry primarily depends on the creativity and science of preparing mouth-watering food.
If someone wants to pursue a career as a Chef, he/she has to go through different stages of training and earn excellence in them. From simple tasks like chopping vegetables to managing the overall cooking station, online culinary schooling can add value to their skills.
Rouxbe — Founded in 2005, Rouxbe is the world’s leading online cooking school. They deliver technique instruction and training to over 340,000 home cooks, culinary students, professional cooks, and healthcare professionals in over 180 countries.
5. Online Music School
Music is not just a single element, primarily it includes musical instruments, singing & dancing.
There is an infinite range of musical instruments that you can learn online and play. The most popular instruments that most of the people join music school are Guitar, Piano, Bass, Ukulele, etc.
Singing & dancing are yet other essential elements that complement the music and together makes one divine combination. The world of music is further divided into different genres, such as pop, classical, hip hop, blues, country, rock, heavy metal, jazz, folk, and more.
Different kinds of people enjoy different sorts of music, but most of them love music. Teaching music can prove to be a profitable business opportunity as there are millions of people looking for online music classes amid the Coronavirus lockdown.
Lessonface — Founded in the year 2012, Lessonface expanded into multiple niches over the years. For example, the trainers on the website provide lessons on music instruments, acting, music theory, beatboxing, singing, and more.
Now as we know about the various niches in the online learning industry, are you wondering what platform can help you implement the above-mentioned business ideas?
Yo!Coach is a solution that reduces the time it takes for an entrepreneur to launch his online learning business. It offers essential features for an entrepreneur to manage his online learning website.
Originally published at http://beststartupbusiness.wordpress.com on May 28, 2020.