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Value-based accreditation: Continuing with the CE credit economy, we note that many CE providers are concerned with competition in the market, which we can describe in economic terms as deflation of the price of CE credit. An example would be getting your high-fidelity medical simulator to talk to your LMS and LRS. We are all for it.
Webinars and webcasts are the most popular platform for association e-learning (92%), and learning management systems (LMS) are the second most popular choice (67%). Develop processes for e-learning product development and pricing. Does your association have a process for setting prices for e-learning products?
Besides other associations, you now have online professional platforms like LinkedIn (now owned by Microsoft) and Udacity to worry about, plus all the MOOCs like Coursera and EdX. Overturn traditional assumptions about price/performance relationships. See who’s visiting your website and LMS, and who’s opening and clicking your emails.
LMS provider WBT Systems writes about instructional design innovations that associations could borrow from “ModPo” and a few other award-winning MOOCs. He says love will always differentiate us from AI—a prediction that reminds me of an article I mentioned two weeks ago about the value of emotional labor in the future.
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. I love the idea of a small, focused conference where you can actually get to know people, so I hope to meet many of you there. Learning business.
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