What do Udemy courses include?
Udemy Background Information
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Udemy Background Information
Sign up for a BBVA Online Checking account by 8/21/2020 and get up to a $250 bonus and no monthly fees . Amazon turned the book publishing world topsy-turvy with its Kindle eReader and its direct publishing subsidiary (KDP). Udemy
, a California-based company with $48 million in funding to date, intends to do the same to the traditional instructional industry. Udemy has created a technological platform that allows novice instructors to plan, design, and produce video how-to instructions for almost any subject. Its mission is to “help anybody learn anything online.” Its vision of the world is one in which everyone can teach and share what they know. As a publisher and promoter of video how-to instruction courses, Udemy targets to several different, though related, markets: The instructor who creates the course, the student who takes the course, and organizations that might utilize Udemy technology to create specialized courses as a branded product or for internal employee use. Udemy may be the largest educational “how-to” video producer out there. It currently offers 20,000 publicly available video instruction courses in categories ranging from “Lifestyle” to “Test Preparation.” With more than 10,000 instructors globally, over 1,000 new courses are added each month. The rapidly growing student base – currently four
million – views more than 80,000 lectures daily, available in 10 different languages and 190 countries. Many of the courses are free, and the majority are priced at less than $200. However, prices ranges all the way up to $999 for courses like “ The $400k Crowdfunding Launch Formula ” and “
How to Trade Stock Options: Profiting in Up and Down Markets .” While many courses offer a certificate of completion (and a very select number provide continuing education credits), these have little academic or professional value since there is no independent verification of course subject matter. The real value of a Udemy course is securing the practical knowledge of a subject and applying that knowledge to one’s life and work. The company aggressively seeks potential course creators by sharing with them any tuition fees received from students. This is similar to the strategy used by Amazon, which distributes a royalty ranging from 35% to 70% of the sales price for e-books published by its KDL subsidiary and retailed on the Amazon website. Udemy does not require specialized expertise or credentials to create and sell a course. It relies upon the marketplace to separate the wheat from the chaff. Course creators are primarily responsible for publicizing and marketing their courses, just as self-published authors
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