http://learn.robcubbon.com/course/free-mini-course-how-to-make-passive-income-with-e-books-and-video-courses/ I was delighted to see that I nearly made $5000 in royalties from my video courses on the online learning platform Udemy last month (September 2014), especially as it’s a passive income stream. But there's a right way and a wrong way to work with Udemy. I had to learn lots about their commission structure and their discounting practices. Don’t discount Udemy! I’m not saying that Udemy is going to be right for everyone. But if you can make video, have a story to tell and techniques to teach, Udemy could be the right fit for you. With Udemy you can build a reputation amongst a targeted group of people who are prepared to spend money on content. With Udemy you are exposed to a new audience who may be minded to go to your website and sign up for your mailing list. Oh, and you can make money with Udemy. You can do it! You can sell courses and increase your following on Udemy. Just don’t get hung up on their commission structure and leave the pricing to them.

1. More Ways
To Make Money On Udemy
5

2. I make
$5000+ in
royalties from
my video
courses on
Udemy
every month.

3. Udemy is a platform so you have to follow their rules
– just like you do with Facebook, Amazon or Apple.

4. Udemy’s discounting practices

5. Udemy’s discounting practices
If you’ve spent any time on Udemy, you will sooner or
later be offered discounts.

6. The discounts can be rather extreme –
you maybe offered a $999 course for $9 for
example.

7. People argue that Udemy customers are now
trained to only pay for courses at a reduction.
The discounts can be rather extreme –
you maybe offered a $999 course for $9 for
example.

8. Get this to work for you!

9. 1.
Price your course high!
Because of the
discounting, most
instructors price courses
at around $100. This is
clearly a very high price
for a two to three hour
course. But it makes the
discounted price closer
to $10-29 which is
reasonable.

10. I have a question for you:

11. I have a question for you:
Would you rather sell one product at $100 or
a hundred products at $1?

12. My answer: a hundred products at $1, every time!
Why? Because I’ll have 99 more paying
customers that I can upsell to.

13. Udemy’s commission structure

14. Udemy’s commission structure
The amount Udemy takes from the sale and the
amount you keep depends on the origin of the sale.

15. Here are the commissions you get on a sale
depending on origin of revenue (this is correct as of
June 2015 and has been the case since July 2014.)

16. Here are the commissions you get on a sale
depending on origin of revenue (this is correct as of
June 2015 and has been the case since July 2014.)
REVENUE SOURCE
A sale from one of your coupons
An organic Udemy sale
A sale from one of Udemy’s Ad programs
An affiliate sale
PERCENTAGE YOU KEEP
You keep 97% of sale
You keep 50% of sale
You keep 25% of sale
You keep 25% of sale

17. How to make this work for you!

18. 2.
Offer discounted
coupons to your
following

19. You can create
coupons to sell
courses at any
price you wish
(including
for free).
2.
Offer discounted
coupons to your
following

20. Say your video course is being sold for $99, you
could create a coupon for $19, and email your
list to say “buy my $99 course for $19.″

21. You could also
promote your coupons
on social media, on
forums (if they let you),
on your website and
to your existing
Udemy customers
using Udemy’s
announcements
system.

22. You could also
promote your coupons
on social media, on
forums (if they let you),
on your website and
to your existing
Udemy customers
using Udemy’s
announcements
system.
You receive 97% of
your coupon sales.

23. 3. Sit back and let Udemy do the work

24. Organic Udemy sales

25. Organic Udemy sales
There are now 6 million registered users on Udemy.

26. Organic sales are
where one of these
users happens upon
your course whilst
browsing the Udemy
categories or
searching the site and
makes a purchase
(maybe at a discount;
maybe not).

27. Organic sales are
where one of these
users happens upon
your course whilst
browsing the Udemy
categories or
searching the site and
makes a purchase
(maybe at a discount;
maybe not).
In this case you’ll
receive 50%.

28. Udemy Ad sales

29. Udemy Ad sales
Udemy regularly runs campaigns in Facebook and
advertises elsewhere (the campaigns usually center
around a discount).

30. If one of your courses is sold through an ad campaign,
you receive 25% of the ad sales.
Udemy regularly runs campaigns in Facebook and
advertises elsewhere (the campaigns usually center
around a discount).
Udemy Ad sales

31. An affiliate sale

32. Udemy’s affiliate program is run by Rakuten LinkShare and
there are many affiliates that will promote your course.
An affiliate sale

33. Udemy’s affiliate program is run by Rakuten LinkShare and
there are many affiliates that will promote your course.
If an affiliate makes a sale, they get 50% and you get 25%.
An affiliate sale

34. 4.
Win-win-win
on Udemy –
authority, leads,
and money!

35. 4.
Win-win-win
on Udemy –
authority, leads,
and money!
If you can make
video, have a
story to tell and
techniques to
teach, Udemy
could be the
right fit for you.

36. With Udemy you can build a reputation amongst a
targeted group of people who are prepared to spend
money on content.

37. With Udemy you are exposed to a new audience who
may go to your website and sign up for your mailing list.

38. With Udemy you are exposed to a new audience who
may go to your website and sign up for your mailing list.
And you can make money with Udemy.

39. 5.
Sell your courses
on Udemy and
elsewhere –
You can do it

40. 5.
Sell your courses
on Udemy and
elsewhere –
You can do it
You can sell
courses and
increase your
following on
Udemy.

41. You can sell your courses elsewhere as well (Udemy
doesn’t insist on exclusivity.)

42. You can package your courses with other original
content and sell them for a higher price on your site.
You can sell your courses elsewhere as well (Udemy
doesn’t insist on exclusivity.)

43. If you're interested in earning
passive income and learning more about
Udemy take this course for free.

44. If you're interested in earning
passive income and learning more about
Udemy take this course for free.
You can sign up here:
http://robcubbon.com/freecourses