5 How To Price Your Online Course Bad Pricing Makes Th Watch my new online course pricing secrets video here watch?v=g2ltt8irslwis there such a thing as the perfect price to sell your pr. To continue with this example, let’s assume that your conversion rate from leads to buyers is 5%. so for every 20 leads that you obtain, you sell 1 course (20 x 5% = 1). since each lead costs $5, you need to spend $100 on ads to generate a single sale worth $50. in this scenario, you lose $50.
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Top Product Pricing Methods How To Price A Product Profitwell Labor is by far the biggest cost driver (especially if you keep software and hardware light). the cost of labor will depend on whether you are willing to take it on or outsource it. depending on the size of the course and time investment, you could be looking at anywhere from $500 to $5,000 to create an online course. Step 1: rethink your pricing strategy. make your baseline price higher than you think. we’re just going to lay it out: consider pricing your online course at a minimum of $100. because you’ve validated your idea, acquired an audience, and developed your course, you already know it’s valuable. 2. perception of value. the price of your online course also sends a message about its quality. a low price may lead potential students to perceive your course as low value or of poor quality. on the other hand, a high price may communicate that your course is premium or advanced. 5. be flexible. some potential students are looking for more value than others, and some are willing to pay higher prices to get additional value. to make the most of the full potential of your course offering, you might consider providing multiple price points.
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