Are you interested in introducing an E-learning Marketplace Website or App?
Would you like to execute a clone app of Udemy?
So today we are going to discuss the E-learning Marketplace Software. As every service is moving towards the online platform like food ordering, hotel booking, Shopping or e-commerce store. So now the education field is also moving towards the online platform by launching various E-learning websites or E-learning Marketplace apps or web apps for boosting sales.
An E-learning Marketplace Software is one of the most demanding platforms in this present time. Why? Because now people are having a busy schedule and if they want to learn some courses then they have no time to join an institute or learning school and it is really difficult to find the best teacher or courses.
As a solution, an E-learning Marketplace Software can be launched where various tutors can register and add their courses with the cost. This platform makes work easier for the user as well as the tutor. This E-learning Marketplace Software provides the platform to various tutors, where they can upload various courses in which they are experts. Users can easily access different-different courses of various tutors through a single platform.
In the Market, various E-learning Marketplace apps and websites are launched. Some of them are really very successful. Some of the most popular and Successful E-learning Marketplace Software are Udemy, Coursera, Codecademy and many more.
Let’s discuss how Udemy Has started its journey as an on-demand E-learning Marketplace website and app?
First of all, Udemy is an online E-learning platform aimed at Students and learners. Udemy is a combination of two words “you + academy =Udemy”.Udemy had more than 35 million students and over 50,000 instructors teaching courses available in more than 60 languages.
Currently, Udemy (an E-learning marketplace) provides the platform to more than 190 countries. Many students are enrolling themselves in Udemy to generate credit towards technical certificates and Professional people also enrol themselves to learn different -different skills which help them in their jobs.
Udemy was initially started in 2007 by Eren Bali as a live virtual classroom software in Turkey. As Eren has seen some potential on this website he moved to the silicon valley for launching this product and finally in 2010 virtual classroom learning website was launched by Eren Bali, Oktay Caglar and Gagan Biyani.
In February 2010, the founders tried to raise the capital fund of the website but it was rejected for around 30 times. After this founder has self launched a software “Udemy-The Academy for you” in May 2010. In the same year, around 2000 courses are registered by the 1000 instructor and nearly 10,000 users have registered themselves.
In 2011, Udemy raised more than $3 million in a series of funding organized by Groupon as well as 500 startups. In 2012, Udemy raised around $12 million of funding. In 2014, Udemy raised another $32 million of funding. It increased to $65 million in 2015 and $60 million in 2016.
In 2019, Udemy is providing more than 130,000 courses in more than 70 languages on the website.
Why is launching an E-learning Marketplace the Best Idea?
If you are thinking of starting an online business or online startup then you can launch an E-learning marketplace website or app. As an admin, it is really easy to manage the module easily from anywhere at any time.
This E-learning marketplace is in high demand as there are various learners all over the world and on the other side, many tutors can’t afford to launch their own website in the market so they prefer marketplace websites or apps for teaching and providing online courses to the learners.
Launching an E-learning marketplace is also beneficial for the one who is introducing it in the market. As an Admin or owner of a marketplace platform, you can earn money in various ways. Here I am listing some of way of earning money through an E-learning marketplace platform:
- You can launch a premium service in the market so the user has to pay some amount of money for accessing premium services.
- Offer Subscription services
- Tutors have to pay some amount of money to the admin to display their courses on the top.
- You can provide some space for your platform to the third party to display their ads and charge them for using your platform for marketing of their business and product.
- A direct commission of the purchased course is directly going to the admin account.
Let’s Know, How is this E-learning marketplace going to work?
An E-learning marketplace like Udemy consists of a total of three panels.
- User (Learner) Panel
- Tutor/Instructor Panel
- Admin Panel
The user panel is of learners, in this panel users can directly login and create their account. Users can easily search for various courses in an E-learning marketplace like Udemy and if they find any courses or tutorials interesting can purchase easily by using an online payment gateway.
Tutor/Instructor panel is for instructors who want to help learners by providing courses on the online platform. In this panel, the instructor can easily create their account and can upload their courses or tutorials and have access to edit, update or delete of their courses.
Admin panel is for the owner of the E-learning website or for the person who is going to do the management of this E-learning marketplace platform. The job of an admin is to manage all the panel and courses.
Before launching an E-learning marketplace like Udemy then you must know the basic or key feature of Udemy.
The features list of an E-learning marketplace like Udemy is as follows:
As we have discussed earlier, An E-learning marketplace platform like Udemy consists of three panels. Here we are going to discuss all the three-panel features in detail:
User(Learner) Panel:
- Learner can log in/sign-in/signup
- Learner can easily set up and manage their profile
- Can able to check the list of the courses
- Can easily search for the specific courses by applying filters
- Can be purchased the courses via online payment gateway
- Can see the list of purchased courses
- Learner can easily ask a question to the specific instructor
- Can easily give feedback or reviews to the course
- Can register a complaint or raise a dispute
- Can check the history of purchased course
- Can check the payment history
Tutor/Instructor panel:
- Instructor can log in/signup/sign in
- Instructor can create and manage their account
- Can list their courses in the E-learning marketplace platform
- Can Check his/her purchased course details
- Instructor can add videos with notes if required
- The instructor can give an answer to the learners’ question
- Can check their feedback or reviews given by the learner
- Have access to make changes on their uploaded courses
Admin panel:
- Admin can log in/signup/sign in
- Admin can do the learners management
- Can do the instructor management
- Categories management
- Sub-categories management
- Courses management
- Features listing of instructor management
- Subscription management
- Premium account management
- Ads management
- Payment management
- Dispute or complaint management
- Contact details management
- Special offers and coupon code management
- Feedback and reviews management
- Can able to generate the daily /monthly reports and perform analysis
Additional features which we can provide :
- Chat module between learner and instructor.
How much does it cost to develop an E-learning marketplace like Udemy?
The cost of an E-learning marketplace platform like Udemy is highly depended on the designing, a number of modules, functionality and the layout of the software. The cost also depends on the technology which is used to develop this software.
The App Ideas is a leading web and mobile development industry. The App ideas have a team of experienced people who are expert in developing a marketplace solution. We provide the best solution with a unique UI/UX design.
We have worked on a project related to the E-learning platform.
So here we provide you the approximate timeline or costing of developing an E-learning marketplace like Udemy:
Written By Chirag panchal
Chirag Panchal is a Founder of The App Ideas, a leading web and mobile app development company specialized in android and iOS app development. He has expertise in various aspects of business like project planning, sales, marketing and has successfully defined flawless business models for the clients Delivering best solutions to its local and global clients leads to better business all around.
