How Much Would It Cost to Create an App Similar to Coursera or Udemy?
Coursera and Udemy are two of the great educational apps. These Apps are successful e-learning platforms with a high turnover rate across-the-board. If you’ve got an idea to build an app like Coursera or Udemy and are looking for the most essential things to know about this topic, you’re on the right track. We know what you’re looking for. The cost? Overall, the cost depends on the features and functionalities you prefer to include in your educational app. But, don’t worry, we will give you an insight into how much it costs as well.
What is the cost of building an App like Coursera or Udemy?
The following are the general hourly charges to build an e-learning app similar to Coursera or Udemy:
- India: $18–$50/hour
- Europe: $100-$150/hour
- Malaysia: $50–$75/hour
- North America: $100–$200/hour
- USA: $100–$250/hour
- Eastern Europe: $80–150/hour
Moreover, building an e-learning app with basic specifications for a single platform like Android or iOS would cost between $10,000 and $30,000, and an advanced application would cost between $35000 and $70000. But, it depends on the company you choose and the functionalities of the application.
What are the ways e-learning platforms like Udemy and Coursera make money?
As we know, the cost of an e-learning app is a huge one. If there is a reasonable turnover, anyone would prefer to make this investment. So, this section covers the basic strategies for making money through applications like Udemy and Coursera.
The following are the key ways to make money through apps similar to Udemy and Coursera:
- Subscription methods
- Paid courses
- Paid certificates
- Affiliated model
- Corporate collaboration
Subscription methods are handy to allow students or any user to use the course material for a specific period. Generally, this is an optional service. While enrolling in plenty of courses, users find it profitable to use the subscription method.
Paid courses are a strategy for earning money. It allows the users to pay per course and study the contents as per their requirements. The course fee is divided between the instructor and the developer. The instructor gets more money than the developers here. Overall, when the number of student enrollment increases, turnover is high.
Paid certificates are also a strategic revenue source. After completing the course and requirements, users can obtain a paid certificate to showcase their achievements. Users find it worth getting a certificate due to their achievement or completion of the course.
The Affiliate model generates revenue by combining e-learning and e-commerce applications. Once the user clicks through the specific link and purchases a product, a credit is credited.
Corporate collaboration is the collaboration between educational programs. This platform stands as a way to train employees based on the firm’s needs and requirements.
As you are well aware of the cost and the ways to make money through an app similar to Udemy or Coursera. Next, let’s check the must-have features while building an e-learning application.
What are the must-have features for an E-learning application similar to Udemy or Coursera?
The following are the key features for an E-learning application similar to Udemy or Coursera:
- Search Filter
- User Profiles
- Course Creation
- Course Detail panel
- Payment Gateways
- Notification panel
The search filter is one of the key components of App Development. The search filter should be made effectively to search multiple courses, use various filter options for one search, apply filter and sorting methods, search based on keywords, and generate recommendations as well. Initially, if a user needed to get the content, they would use the search bar. If it generates effective content, there is a higher chance of keeping the user with the platform.
User profiles help to manage the respective profiles accordingly. There are three main user profiles namely Student, Teacher, and Admin. The student profile contains the personal details, payment details, number of enrolled courses, wishlist, and other profile settings. A teacher’s profile consists of personal details, payment information, course creation and management settings, and a dashboard of other basic settings. The Admin profile consists of course modification, blacklisting users, generation of various reports, role assignment, subscription management, newsletter management, and many more!
The Course Creation panel allows you to manage the courses created by the teachers. They can upload videos, study materials, quizzes, questionnaires, slides, exercises, audio files, and many more as per their requirements.
Course Detail Page consists of the course details. It has a description of the specific course, instructor, instructions, materials, duration, and the rating and review. This page is the deciding factor for a student to decide whether this is a suitable course to enrol in or step out of. This page should be simple and catchy simultaneously.
The Dashboard is a specialized panel for instructors. It allows us to display insights from the past few activities and track the performance as well as the course content. It has the essential details of the courses, the number of students enrolled, the revenue details, and several insights and statistics.
Payment Gateways are the way to make payments. A proper payment gateway needs to be established as these applications collect payment based on the course and certification. Proper integration of payment is compulsory without any hassle.
A notification panel should be an effective workspace. To enhance the level of conversions and information, proper notification generation should be executed. Irrelevant notifications should be avoided. Instead, create notifications or alerts for the most important and call-to-action activities.
Technology Stack for Coursera and Udemy-like Applications
The following is the technological stack to develop an application like Udemy or Coursera:
- Web Server – Nginx
- Storage – Amazon S3
- Database – Amazon’s Relational Database Service, MySQL
- Search – Amazon Cloud Search, Elastic Search
How to create an app for Coursera or Udemy?
You can do research among the students and teachers and hand-pick the unique and essential features. You can analyze their problems and handle the suggestions from their point of view.
You can research to find the answers to the following questions:
- What functionalities do the platforms such as Udemy and Coursera lack in general?
- What are the difficulties faced by students and teachers while using apps like Udemy and Coursera?
- What are the features and benefits loved by students and teachers while using apps like Udemy and Coursera?
- What are the features that students and teachers prefer to improve while using an app like Udemy or Coursera?
In conclusion, we learned the basic and important information to consider when developing an app like Coursera or Udemy. Education e-learning applications have good demand and are fast-growing in the market. So, investing in such an app is worth it. But, make sure to pick the right development company and the essential features. If You have any queries about this blog feel free to Contact us.