How Much Should You Charge For An Online Course?

  Рет қаралды 23,887

Graham Cochrane

Graham Cochrane

Күн бұрын

►► 4 Steps to Earn $1000/mo of Passive Income In Just 30 Minutes A Day. Free Workshop → GrahamCochrane.com/workshop
When it comes to online courses, you might be wondering: How much is too much to charge for your online course? How cheap is too cheap?
The short answer is: it depends.
I have a simple pricing framework I use to determine what I should be charging for my online courses and today I want to share it with you. Also at the end of this episode, I give you a few other things to consider when it comes to online course pricing and finding that sweet spot.

Пікірлер: 93
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
►► 4 Steps to Earn $1000/mo of Passive Income In Just 30 Minutes A Day. Free Workshop → GrahamCochrane.com/workshop
@Acyuta-Priya
@Acyuta-Priya 3 жыл бұрын
My takeaway is not to overthink pricing as it can always be changed.
@spirituallypoetic8794
@spirituallypoetic8794 3 жыл бұрын
This is the BEST video i've ever seen on pricing, hands down. And I've watched a lot. Thanks Graham!
@vacustoms
@vacustoms 3 жыл бұрын
Thank you. You just solved one of my biggest problems moving forward on my courses.
@RebeccaCohenYoga
@RebeccaCohenYoga 3 жыл бұрын
Perfect timing on this for me. Love your content, thank you 😊
@jasonblackman8866
@jasonblackman8866 3 жыл бұрын
Pure GOLD as always Graham - thank you so much!
@thesitdownuk
@thesitdownuk 6 ай бұрын
Easily one of the MOST valuable videos I’ve ever seen. No fluff, no preamble just straight into it. Thank you for all the info and valuable insight!
@stratospainting0414
@stratospainting0414 3 жыл бұрын
Excellent Video Graham !! - From another professional musician. Always wanted to learn ProTools when I was younger but not so involved with music as I was in my prime. Still play out now and then. Very much into midi and still use my midi-guitar, and a computer to be a one man show. Anyway, you asked to talk about your strong points, and here is one of the strongest points I love about you. YOU ARE APPROACHABLE ! You talk to us as if you've know us for many years. That is such a natural and organic quality in someone and it promotes TRUST. I see it in you and love the quality. I've watched many of your videos and subscribed to your channel. Great value in these videos. As they say in world of entertainment; "DELIVERY IS EVERYTHING" You're the REAL DEAL! Best Regards ... Jason
@leeannellison9676
@leeannellison9676 Жыл бұрын
Wow I just listened to your video and you are seriously very good at this. I’m an Exec level marketer and your simplistic communication, methodology and approach on how to generate an online business is very enticing…so enticing I’m signing up now! I am keen to build an online course just concerned if I can create compelling content.Thanks Graham
@Pauletteangela
@Pauletteangela Жыл бұрын
This was extremely helpful!.I an Artist that is about to launch my first course and I googled around trying to figure out what other artist were charging and saw some sites where artist were charging bottom of the barrel prices for their courses, and I was like NOOO Wayyy! Your info on what type of customers I want to reach and suggested ranges to play around with was EPIC for me! ! THANK YOU!
@DevinCarroll
@DevinCarroll 3 жыл бұрын
Excellent content as always! 👏
@LoganAllec
@LoganAllec 3 жыл бұрын
Awesome content. I've scripted my entire online course and have started recording / uploading but still haven't landed on a price point yet (other than that it will end in "97" and be
@TomHawkComposer
@TomHawkComposer 3 жыл бұрын
This was super helpful! Thank you Graham 😊
@TerryVinsonCCIEx2
@TerryVinsonCCIEx2 3 жыл бұрын
I'm very early in this entire process of creating online courses. I make my money teaching formal online classes live. Really appreciate the information you are providing!
@Groove2day
@Groove2day 2 жыл бұрын
dude you ´re crushing it! love this, thanks a billion
@UnTangledTV
@UnTangledTV 3 жыл бұрын
Brilliant explanation on pricing. Thank you!
@planeguy95
@planeguy95 3 жыл бұрын
Loved this video! I'm so close to buying your course - will be in around a week or so. I have sold my own online course to music producers at around the $2000 price range before. I'm not a big name or anything. But it was really difficult to make sales at this price. Since the pandemic made it even harder to land sales I'm looking forward to having a clean slate and taking action on your perspective!
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
Looking forward to having you as a student!
@LanaAnneMD
@LanaAnneMD Жыл бұрын
Very helpful! Best tip for me- better to increase than reduce ; and tier pricing👍
@patrick1muldoon
@patrick1muldoon 3 жыл бұрын
Very helpful, many thanks!
@Kjngvjkenj44t34rt
@Kjngvjkenj44t34rt 3 жыл бұрын
Hey brother, loving your content and the light you carry. Do you have any videos picking our niche or what area to focus in on? I have a heart for connecting people with their vision and purpose (1:1 coaching right now) but I don’t see what I would do a course on. Thoughts?
@406bookkeeping
@406bookkeeping Жыл бұрын
This was very helpful! Thank you!
@adamscougalltv
@adamscougalltv 3 жыл бұрын
Lpve this. A great confirmation of pricing that makes perfect sense.
@beautywisdom1601
@beautywisdom1601 3 күн бұрын
This was so helpful thank you.❤
@chris-terrell-liveactive
@chris-terrell-liveactive 11 ай бұрын
This is a very helpful video, thank you. I'm getting close to launching an online course in a niche where a lot of information is available for free, though from what I've seen so far, mostly only covering part of a skill-set and aimed at people who are already fairly confident, so I'm aiming at total beginners and providing a structured progression, with additional learning resources and some online support, all in one place. Pricing this has been difficult but i've learned from this to remember I can always step up prices as enrolments grow (fingers crossed!). £xx.97 is a good point too. I hadn't thought of price tiers though, not sure if I can easily do this on Thinkific on their basic plan, but it gives me an idea for enabling more 1:1 online support at a premium price. Many thanks. That workshop sounds interesting... Best wishes.
@LoveAudioProduction
@LoveAudioProduction 2 жыл бұрын
I think it's about having confidence to begin charging for your content in the first place. Once you get over that mental barrier, things will grow. At least that's what I'm hoping for!!
@DavePuckett
@DavePuckett 3 жыл бұрын
I agree it's hard to know when you're first starting out how much to price your courses, For me now it's easier to know because I'm a nut about it and have looked at, purchased, studied over 50 online courses over the years and I know who is established and what courses deserve to cost $67, $197, $500 and up. I saw a blogger who is established and selling her course for $67 and from her reputation and quality of her content, she should have priced it $200 to $300. I'm not saying who she is because she is well-known especially here on KZfaq but I'm guessing she'll correct that in time. Excellent advice Graham! thanks
@BCVideos01
@BCVideos01 3 жыл бұрын
Very helpful. Thank you.
@stevenARTify
@stevenARTify 3 жыл бұрын
Very useful as I'm finally setting up my website for video courses.
@giselle-cursosonline7578
@giselle-cursosonline7578 2 жыл бұрын
Thank you Graham! As always very helpfu! Hope you do one episode about premium tears
@QuincyKane
@QuincyKane 3 жыл бұрын
Dang, Graham; getting close to 100 episodes! P.S. - I like how you channelled a little bit of Dr. Evil at 7:53, haha
@maryjesuino
@maryjesuino Жыл бұрын
It was very helpful Thanks!
@trainwithperc7009
@trainwithperc7009 3 жыл бұрын
The timing of this video is impeccable lol Thanks Graham
@RealEstateFinanceAcademy
@RealEstateFinanceAcademy 10 ай бұрын
Best Dr. Evil impression that I’ve seen all day! 😂 Thank you for all of your great content and advice, Graham!
@melanieklarofficial
@melanieklarofficial Жыл бұрын
Very helpful! Very specific!
@dafingaz
@dafingaz 3 жыл бұрын
Great insight!
@josephtravissmith
@josephtravissmith Жыл бұрын
I enjoyed the explanation of price ranges from Mini, Standard, to Premium course tiers. As well as the tighter the niche, the more you can charge. Very practical.
@globalpostureinstitute
@globalpostureinstitute 3 жыл бұрын
You are awesome my man :) thank you i did purchase your course
@isaacleecollins7861
@isaacleecollins7861 3 жыл бұрын
I was LITERALLY thinking about this and then your email showed up in my inbox. Crazy.
@dtmdtm3413
@dtmdtm3413 3 жыл бұрын
Thanks for your advice this was very helpful. I am looking to sell a course that will be available for High School, Home School teachers and students. I was wondering how I could sell classroom sets to teachers and school districts and or just sets to HS students.
@Essential-Self
@Essential-Self 10 ай бұрын
And I find your content amazing. Thank you
@hatsuonkyosei
@hatsuonkyosei 3 жыл бұрын
😆😆😆Thank you for mentioning me😊😆 I am honored to be one of your students❣️Aiko
@AddictionMindset
@AddictionMindset 2 жыл бұрын
Very good
@edwardv4546
@edwardv4546 Жыл бұрын
Thank you so much 🙏🏽
@BlenacAnimations
@BlenacAnimations Жыл бұрын
Thanks alot this. I'm yet to launch my Cartoon animation Course, and I will price it at a good price.
@charley3849
@charley3849 3 жыл бұрын
Excellent information, answered all the questions I had, plus more. Especially helpful were your price ranges for specific types of courses. You have credibility in that you are speaking from experience. But my very favorite line: "At the end of the day, trust your gut."
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
Glad it was helpful!
@artinstructor6352
@artinstructor6352 3 жыл бұрын
Of course you rock man
@alfiefoodie2806
@alfiefoodie2806 3 жыл бұрын
Very helpful 👍
@gelacy
@gelacy 3 жыл бұрын
Thanks for this content, Mr. Cochrane. I really do appreciate it. You mentioned the number of hours of content per price "range" and that was exceedingly helpful. I'd like to ask how many PDF "cheat sheets" and other resources you might have in mind for particular price points. As the prices increase how do you walk the line between not offering enough additional, non-video resources, and overwhelming or confusing clients with too many items? I'm of a mind that it'd be better to provide a few too many PDFs/audio files/etc., than not enough, but I'd really appreciate your insight.
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
More stuff isn't the goal for a course - getting them results is. So as long as the bonuses can help them achieve the results they want they it's worth it.
@gelacy
@gelacy 3 жыл бұрын
Thanks for the prompt reply, Mr. Cochrane. I had a feeling it was something like that; I'd read in other places how if a person wanted to charge $X then there's the general expectation of X hours of content, along with X number of PDFs, etc. This seems to be much more manageable as it helps me stay focused on specific outcomes rather than artificial templates.
@natureofcharacter
@natureofcharacter Жыл бұрын
It was helpful and true.
@Essential-Self
@Essential-Self 10 ай бұрын
Hi, do you have any reviews on skool? I am just starting and find it very difficult to decide if Kajabi of skool.
@lilybfrancis
@lilybfrancis 3 жыл бұрын
Yes, 8 are weird. I stick with the 7. Great video again, thank you!
@EricaRayLanguage
@EricaRayLanguage 3 жыл бұрын
You're continually awesome. I'm hoping to launch my first course within the next 30 days. I'm nervous after having only given away free content for 2 years (mixed with some affiliate marketing), but I think I can do this! I can't wait for your product tier video! 🙂
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
You'll do great!
@saramarkowicz
@saramarkowicz 3 жыл бұрын
How does it work for you today after 5 months ? I'd love to hear it !
@EricaRayLanguage
@EricaRayLanguage 3 жыл бұрын
@@saramarkowicz I ended up launching a 3-month long 1 on 1 coaching program instead (and included the course that I was working on for my clients) :) But now I plan on launching that course, which I'm now almost finished updating, as a separate offering as well. I'm really glad that I ended up doing it that way. The course is so much better than what it would have been had I not had this experience working with clients.
@Mazel_Tov_888
@Mazel_Tov_888 3 жыл бұрын
Graham, how do I get my ebook to customers via a website without going through a sellify type site and without someone stealing my material?
@pacochuquiure5459
@pacochuquiure5459 10 ай бұрын
Hi Graham, do you recommend to charge internet costs in your final price? and if so, how much should I charge? thanks
@AnomalyBelleza
@AnomalyBelleza Жыл бұрын
Can you help us with the specifications of your the microphone? I like your microphone.
@mysticalqueengoddess
@mysticalqueengoddess 2 жыл бұрын
Very helpful
@chriscipiti6005
@chriscipiti6005 Жыл бұрын
@Graham Cochrane hello. My name is Christopher Cipiti. And I am planning to start launching my very own Swedish language course. Would you please give me a price range idea? Mini, premium, and even lifetime access.
@weedstud
@weedstud 3 жыл бұрын
What’s the course ur friend teaches trading?
@zephyrkhambatta
@zephyrkhambatta Ай бұрын
Awesome bro! Done. I'm pricing at $497 and $397 too. For $497 I'll throw in a 1 on 1 with me. Thanks!
@IAMShivana
@IAMShivana 10 ай бұрын
Can you do a version of this for 2023 please !
@curiouspathwithericm
@curiouspathwithericm 3 ай бұрын
Graham can you share the link to your student that teaches English pronunciation to japanese?
@stevewills735
@stevewills735 3 жыл бұрын
Hi Graham Is it better to have an online course that is available to the public 24/7 , or a limited time offer that goes away until the next kick off? thanks and cheers for the content.
@joebell3rd
@joebell3rd 3 жыл бұрын
24/7
@stevewills735
@stevewills735 3 жыл бұрын
@@joebell3rd Thanks Joe cheers!
@GrahamCochrane
@GrahamCochrane 3 жыл бұрын
Both!
@bearacuda3338
@bearacuda3338 5 ай бұрын
Please use a de-esser for your ssssses. Your mic high-end is to prominent.
@kidshairnanny-kidshairnann8013
@kidshairnanny-kidshairnann8013 Жыл бұрын
How about teaching students to read ? Isn’t that invaluable?
@kidshairnanny-kidshairnann8013
@kidshairnanny-kidshairnann8013 Жыл бұрын
Hi
@endlichjura
@endlichjura 3 жыл бұрын
I still have this mix critique. 😂
@naturalwitchery
@naturalwitchery 3 жыл бұрын
I used to make and sell garden art. I sold these dragonflies. They were my cash cow. I RAISED the price of those one summer until the rubber band snapped. I went from $35 a piece to $55 a piece. WORTH TRYING
@sherrhondadenice4218
@sherrhondadenice4218 3 жыл бұрын
Charge what you think YOU ARE WORTH! YEES!
@flextime6349
@flextime6349 Жыл бұрын
What would a $200-500 conversion rate look like?
@AKINYILMAZOKYANUSI
@AKINYILMAZOKYANUSI Жыл бұрын
2.14 usually
@MyBathBakery
@MyBathBakery 24 күн бұрын
There’s a LOTTTTTT of videos about how EVERYBODY is ending their “online courses in 7” 💰 They say that’s a SCAM ALERT‼️ 🚨 😱
@naturalwitchery
@naturalwitchery 3 жыл бұрын
Lol...SO AUSTIN POWERS!
@albertblackledge8882
@albertblackledge8882 3 жыл бұрын
It’s dr evil*
@AlmaRockeraOficial
@AlmaRockeraOficial 3 жыл бұрын
1.5x 👍🏼
@allthecommonsense
@allthecommonsense 2 жыл бұрын
2X
@bobwilliams9061
@bobwilliams9061 Ай бұрын
Most helpful was the ranges - the framework.
@extraincomesuz
@extraincomesuz Жыл бұрын
You have no problem with ego 😂. " I priced it at 45 because it was. ME showing it to you." However, I also like that you said a course is better than a book so why price it at 19.😊
@nextinstitute7824
@nextinstitute7824 3 жыл бұрын
25 minutes video and 9 minutes down the line still hasn't done anything but self-promotion... And this guy is teaching on how to produce courses 😂😂😂. Byebye
@nextinstitute7824
@nextinstitute7824 3 жыл бұрын
@Singing Matters Good for you. Glad it's helpful.
@jasonblackman8866
@jasonblackman8866 3 жыл бұрын
@Singing Matters totally agree with you. The amount of stuff Graham gives away for free is phenomenal. I didn't actually see a single bit of self-promotion in this video - all I saw was a guy offering his knowledge (and his success secrets) for nothing - as he always does. Total respect to him!
@lightsource444
@lightsource444 Жыл бұрын
📋Having a peek at what others are doing and charging for what helps gauge a price position. 📋The higher the price the better quality the buyer.
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