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An infographic by Online-PhD-Programs.org summarizing MOOCs. Massive Open Online Courses – or MOOCs – seem to be all the rage. MOOCs are online classes that are available to anyone with a computer and/or Internet access. Some MOOCs are free, but others aren’t. million people participate in MOOCs through Coursera.
Cutting back on the administrative headache of tracking credits for certificants is an imperative for the eLearning industry. From a five-mile-high perspective, however, lower prices for education shouldn’t bother us (if you’re currently looking at shrinking CE revenues in your annual report, just try to bear with me for a second).
This list is part of their Data Science Career Guide , a six-part series recommending the best online courses and MOOCs for people entering the data science industry. What online courses (including your own) and MOOCs would you recommend to people entering (or thinking about entering) your industry or profession?
By providing education and certification programs for employers who do not have the resources to invest in such programs to engage their employees, associations can also generate a new source of non-dues revenue from providing continuing education as a valuable service to corporate organizations.
Who will the companies in your industry choose to educate their employees? Become the preferred educational partner in your industry by selling online education to corporate members and customers. Everyone sees the revenue potential in providing online education to corporate customers. Even MOOCs have caught on.
Some companies offer turn-key online courses that you could buy or revenue share so you have something to offer initially. You’ll hear all sorts of terminology in the eLearning world – MOOCS, Moodles, gamification – don’t be overwhelmed by this! Tip #1 – Keep it Fresh.
LMS provider WBT Systems writes about instructional design innovations that associations could borrow from “ModPo” and a few other award-winning MOOCs. Banner ads, custom push notifications, leveraging data and insights to identify hot leads for sponsors—the opportunities to generate revenue through event app sponsorships are endless.
WBT Systems describes how for-profit learning platforms, like the MOOCs Coursera and EdX, make their money. WBT shares seven MOOC business model strategies you should definitely steal. State of the association industry. Learning business. Membership tiers. Host: Blue Cypress Tue 5/16 at 11 a.m. 1 CMP credit. More info/register.
Don’t overlook competing programs from other associations, higher education institutions, MOOCs, and for-profit companies, like LinkedIn, Udemy, and firms in your industry. See if you can find any industry workforce research or forecasts that show or predict market demand for the type of education you could offer. Sponsorships.
You don’t often hear about expeditionary marketing but in times of change, this bold approach could take your online educational programs—and non-dues revenue—to new heights. Colleges and universities have also identified the lifelong learning market as a promising source of new revenue. Expeditionary Marketing.
Now more than ever, new technologies and industry shake-ups are putting more pressure on professionals to learn new skills,” said Raegan Johnson at Associations Now. The bottom line: how will it increase revenue growth or cost savings? Expand program capabilities and increase revenue. Resolve problems? Take on new projects.
It’s no wonder why over half of all associations are experiencing flat or declining membership and revenue growth. It started in the 1980’s when the mantra was about “revenue diversification” – which worked for a while. Yes, I said “sacrifice revenue growth” out loud….shame shame on me.
Venture capital firms have jumped back into the game head first, massive open online course (MOOC) providers, originally rooted in universities, have gone public or been bought , and big Web firms like LinkedIn and Google have become major players. The MOOC 3. Yes, I know: most people sign up for MOOCs and never complete them.
Some companies offer turn-key online courses that you could buy or revenue share so you have something to offer initially. You’ll hear all sorts of terminology in the eLearning world – MOOCS, Moodles, gamification – don’t be overwhelmed by this! Tip #10 – Keep it Fresh.
The global content marketing industry was estimated at USD 63 billion in 2022. While, by its nature, content marketing may not produce revenue directly, it is a huge indirect driver of revenue for the companies and individuals that produce it. billion in 2015.
Specifically, in regard to the coming revolution in education as an industry and as a societal challenge. It’s not about your industry anymore. In another session, participants discussed the rise of Massively Open Online Courses (MOOCs). ” ( Watch online here , jump to 35:50.). Technology.
I’ve been reading and thinking about the collaborative economy for a while now, and of course can’t help but wonder what it means for the association industry. Events --one of associations’ biggest sources of non-dues revenue is events and tradeshows. Never heard of “collaborative economy”? Especially books and publications.
By Clay Shirky Using what MP3 and Napster did to the music industry as an example, Shirky talks about the upcoming evolution/revolution within education in the form of MOOC (Massive Open Online Course). Napster, Udacity, and the Academy. Or they might offer two for free and make money off the third. From Monica Bussolati via Bussolti.
With all the disruption going on around us and in your industry, will incremental change bring your vision for professional development closer to realization? Has your association identified skills gaps in your industry or profession? If necessary, learners could supplement your programs with college courses offered by MOOCs.
All the factors above have led to the emergence of what has become known as the “ creator economy ,” basically a technology-enabled business environment in which individual creators are able to generate revenue from their content. Access our interview with Peter C. Taylor here.). That course has since gone on to enroll more than 3.2
With all the disruption going on around us and in your industry, will incremental change bring your vision for professional development closer to realization? Has your association identified skills gaps in your industry or profession? If necessary, learners could supplement your programs with college courses offered by MOOCs.
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