The internet is changing the conventional classroom system and now, it’s going to have a bigger impact on your teaching profession. By going online, you will not only learn how to make more money as a teacher, you’d also discover many opportunities that can turn your skills into a business making adventure.
Want to know what they are? Read on.
#1 Online Tutoring
Online tutoring is a platform that enables experienced tutors to coach/guide students in real time on a specific topic and it is usually managed by a tutoring company.
The process usually starts with a student or a parent searching for such services and requesting for a free demo. If he/she likes the quality of the coach, then the virtual class will commence at a designated time.
The service is usually charged on an hourly basis and depending on the level of your competency, you could earn between $15 to $20+/hour after deducting the charges paid to the company that you contracted with.
Start up cost and process – Application is usually free, but the company will likely review your qualification and arrange to meet online for verification purposes. So at the very least, you should have a good/fast internet connection (since video streaming can take up a lot of bandwidth), a clear PC/laptop monitor and a functional microphone/headset.
Some examples are Tutor, Chegg Tutors and Skooli.
1) You can leverage from pre existing expertise to coach the students without having to draft a lengthy lesson plan.
2) The company usually provides in-house software to assist in the virtual teaching.
3) You can meet and help students from different backgrounds.
1) If you are not comfortable appearing in videos, this might take some time to get used to.
2) Some subjects can be quite difficult to explain online so you need to find a way around that and get the message across to the student.
3) Convenient as it might seem, it still requires time commitment from your side which means teaching at night after your day job is over or even conducting lessons over the weekends.
Long term prospects – It’s more like getting an extra job and there’s a need to be available most of the time if you want to earn that hourly wages.
#2 Share Teaching Resources
Sharing teaching materials online is becoming popular as more people search for alternative methods to improve the children’s learning skills.
There are a few marketplaces that allow you to open a store where you can upload lesson plans and templates and offer them for free or charge a certain price for downloads.
Digital products usually doesn’t cost as much as printed ones so you are looking at selling between the range of 99 cents to $10.
However, don’t be surprised that you would actually earn less than that after sharing a small percentage of the sales with the marketplace admin and getting charged for transaction fees.
Start up cost and process – Original and effective teaching resources are more sought after so you might want to spend some time planning and curating good materials before listing them on your store.
The marketplaces usually have membership plans for sellers and if you opt for the premium ones, you can pay less (or not pay at all) the aforementioned commission/transaction fees.
Some examples are Teachers Pay Teachers, Tes Resources and Share My Lesson.
1) You get to network and collaborate with other teachers.
2) You can use your creativity to launch an idea without the restriction of a classroom environment.
3) You can share your work through social media and get people to check out your store.
1) There is a lot of competition on these marketplaces and it’s not easy to showcase your work when you are fairly new.
2) Earnings can be very measly if you don’t have good customer reviews or don’t share your work frequently online.
Long term prospects – There’s always demand for digital resources because they are affordable and convenient. The key point here is learning to promote them beyond the tools provided by the marketplace. Once you start to build traffic to your online store, sales can grow tremendously with very little effort on your side.
#3 Create Online Courses
By creating online courses, you are taking things one step further, transforming from a teacher to a brand. You aren’t just creating a lesson, you are lining up a series of modules to help students graduate from a certain set of skills and there’s a responsibility to follow through with their progress over a period of time.
There are many platforms that can host courses and even feature you on their marketplaces such as Teachable, Udemy and Skillshare.
Unlike digital resources, online courses usually sell for higher prices, between the range of $100 to $300 so even after paying the platform fees, you will still earn a substantial amount from one sale.
Start up cost and process – Having a detailed teaching program is a must before launching and you usually need to subscribe to the platform hosting to support the entire flow of the course online.
1) When students sign up for your course, you usually get their contact email which allows you to engage with future promotions.
2) You can leverage from a lot technologies to make your course creative and interesting.
1) Without endorsement, it can be very challenging to convince people to sign up for your courses.
2) You need to spend a lot of time preparing the course materials and learning to use different software like video programs.
Long term prospects – Online learning is the new era and when done right, you could build a long term customer relationship with the students thus turning your passion into an online business full-time.
#4 Create a Teaching Blog
A teaching blog is basically a website where you can publish and share your knowledge online. For most of the part, it involves writing about topics that’s within your niche expertise while addressing concerns/problems or offering solutions for teachers, students, parents and even the community.
There are several ways blogging can make money for you.
1) The easiest is to recommend education materials/teaching software that you’ve experienced yourself through affiliate programs. In this revenue model, you earn from sales commissions without having to go through the tedious process of creating your own product.
2) The other method is obviously to sell your own digital products, whether they are teaching resources or online courses. Having a blog complements these techniques because it helps to build an online presence first before the selling begins. This means, when you have a product ready, there’s already an audience to promote to.
The key to blogging is to understand what people are searching for about your niche online through specific phrases. These are called keywords and if you know what they are, it would make your blog more visible to the search engines and more engaging to read.
Here are some keywords that I’ve uncovered for you using my favorite keyword tool, Jaaxy. Do you think you can write an interesting article for any of these topics?
- How to write essay for English exam
- How to improve maths calculation speed
- Ways to help dyslexic students
- Reading tips for kids
- Memory games for students
In terms of earning potential, there are no set rules to how much you can earn. Some people make a couple dollars, some people make hundreds to thousands per month from their blogs. It all depends on what type of products you are selling/recommending and how much effort you put into writing helpful content.
1) A blog allows you to take charge of marketing so that you don’t have to rely on marketplaces or other hosting software to do it for you.
2) It offers better engagement with your audience through blog comments, social sharing and direct contact.
3) As more keywords are built around your blog, it can attract massive online visitors from the search engines as well as paid advertisements.
1) Learning web creation, and internet marketing can be overwhelming for some people because these are topics that most beginners are not familiar with.
2) Building online traffic can take many trials and errors before you get a steady traction.
Long term prospect – A blog can actually teach you the core of online marketing which other platforms lack. Equipped with such knowledge, an online business that has a blog will always triumph over those who don’t leverage from it.
What’s Your Teaching Expertise?
Find an answer to that and you’ve got yourself a niche. From there on wards, it’s just the matter of choosing the right platform and make it work using your creativity. I hope you have learned a few things about how to make more money as a teacher from this piece of article.
If you need some guidance, do check out my recommended training platform for some helpful tools and resources.
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