Top 5 Best Udemy Competitors and Alternatives in 2024
Udemy is an established eLearning platform. With over sixty million active users, Udemy is the go-to place for courses on pretty much anything.
But despite the platform’s great reputation and popularity as a course marketplace, its limitations can limit the growth of your online course business.
For example, one of the biggest disadvantages is the lack of recognized certification for courses, which deters potential course participants looking for recognized learning experiences.
Additionally, it is not possible to access learners’ email addresses, which can severely limit your ability to build a profitable, long-term online course business.
This is where Udemy alternatives come in. There are really a lot of course platforms out there, but we’ve picked out the eight best Udemy alternatives where you can share and sell your knowledge . We’ll look at what each alternative has to offer, its pros and cons, and how it differs from Udemy.
Why should you consider a Udemy alternative?
Although Udemy is on TIME’s list of the world’s best education companies for 2024, the company also has its drawbacks.
A major disadvantage of Udemy is the revenue share model that heavily favors the platform. Udemy charges 63% of the revenue when learners find your course on the platform.
Even when creators bring their students, Udemy still takes 3% of the revenue. 3% may not sound like much, but let’s say you referred 100 students per month for a $50 course. In this case, Udemy takes $150/month.
Additionally, while Udemy offers promotional support for courses and allows coaches or instructors to reach a wider audience, these features come at the expense of the 37% an instructor receives on a sale, thus sacrificing increased revenue.
Finally, by standardizing the look and feel of your courses, Udemy limits your ability to build a unique brand identity. The lack of customization hinders your efforts to differentiate yourself and attract students based on your teaching style or expertise.
All of these platforms offer different benefits such as recognized certifications, better revenue models, and more customization options compared to Udemy, so depending on your preferences, you can choose the platform that suits you best.
Here are 5 Best Udemy Competitors and Alternatives in 2024:
1. SkillShare
Skillshare is an EdTech giant with 12 million users and a course library of 40,000 courses across various creative disciplines such as art, music production, photography, design, marketing, business and productivity.
One of Skillshare’s biggest unique selling points is that its classes are taught by industry professionals and well-known personalities. For example, there are classes from popular content creators and YouTubers like Ali Abdaal and Marques Brownlee. This has helped make the classes so appealing.
On this alternative platform to Udemy, creators are paid based on the time students spend watching their content, rather than the retail price. This way, Skillshare encourages creators to focus on creating courses that are likely to be watched for longer. Plus, you get paid for every successful referral to Skillshare.
The platform also offers course creators the following features:
- Free course hosting platform
- Premium tools for creating and editing videos
- There is no time limit for videos
- 60% of the cost of a new student’s first Skillshare subscription
- Another thing that sets Skillshare apart is that it offers a vibrant community where learners can connect, share their work, and have conversations. This helps you connect with your contacts, get feedback, and improve your course.
Skillshare Benefits:
- There is no maximum video length (although it must be over ten minutes), so your lessons can be as long and comprehensive as you want
- Access to video editing tools
Skillshare Disadvantages:
- High competition for creators
- Lack of access to learner data, which can make it difficult to build relationships with learners outside the platform
- Learners do not receive certificates
2. Udacity
Founded in 2011 by two Stanford faculty members, Udacity partners with industry leaders like Facebook, Google, and Amazon to offer technical training programs and courses. Udacity offers over 80 nano-degree programs that teach modern skills like AI, data science, machine learning, cloud, and cybersecurity.
Here are some of Udacity’s attractive features for course creators:
- Free account setup
- Course creators are paid based on experience, not on the number of courses sold
- You can shoot content every year at Udacity’s production studios in California
- Marketing and sales are handled by the platform
- As a course creator, you also get the opportunity to collaborate with other Udacity instructors.
Udacity Benefits:
- Free account opening
- Regular income per month
- Ready-made marketing for your course
Udacity Disadvantages:
- Difficult to manage application
- You are expected to teach a course seven to ten hours per week
- Udacity has an earning cap because instructors are paid based on their experience, not the number of courses sold. This is unlike most other course platforms (including Udemy), where you can increase your earning potential simply by producing more courses.
3. Coursera
Both Coursera and Udemy offer online courses, but Coursera stands out by offering accredited certifications from reputable institutions and opening pathways to full-time degrees.
Google, Meta, University of London, Yale University, University of California, Irvine and University of Michigan are just some of the institutes that offer full online courses and degree programs on Coursera.
Unfortunately, Coursera requires affiliation with an academic institution or a large business or technology company to teach on the platform. This means that most people cannot sign up as instructors on Coursera. Therefore, for instructors who are not affiliated with a recognized institution, Coursera may not be the best alternative to Udemy.
Additionally, Coursera has a strong focus on professional development and careers. Unlike Udemy, which focuses more on creative fields, Coursera primarily offers courses and degree programs tailored to career advancement and career change.
Coursera Benefits:
- Tons of resources to help you become a better online instructor, including data-driven insights to help you engage your students.
- They provide technical tools to help you create and launch your course on the platform.
Coursera Disadvantages:
- It is very difficult to be accepted as a teacher unless you are a professor at a recognized institution.
4. Master Class
Founded in 2015, MasterClass is home to global icons teaching over 190 MasterClasses across 11 categories. Notable instructors include Gordon Ramsay, James Cameron, Dan Brown, and Simone Biles.
The platform is known not only for the expertise of its teachers, but also for its high production standards and skillful use of storytelling to create a personal connection between teachers and contacts.
Surprisingly, MasterClass is more cost-effective than Udemy and many other e-learning platforms, especially when learners share the subscription with friends or family.
However, unlike Udemy, where anyone can sign up as an instructor, MasterClass only offers courses taught by globally recognized experts. Unfortunately, this also means that the only way to teach on the platform is through an invitation from MasterClass itself. The platform usually selects experts and celebrities in certain fields.
MasterClass Advantages:
- The platform hosts big celebrities who attract a large audience
- An easy-to-navigate user interface
MasterClass Disadvantages:
- The platform is only accessible to invited teachers
- As for compensation, MasterClass has a separate contract with each expert they approach. These contracts are not published, but usually consist of an upfront payment and a recurring commission from the sales generated from the courses.
5. edX
edX is an online learning platform founded in 2012 through a collaboration between MIT and Harvard University. The Udemy competitor has expanded its partnerships to over 160 institutions worldwide and offers over 3,500 courses in 30 subject areas.
Only partner institutions and organizations such as companies, universities, and professional associations can create courses on edX.
Additionally, Udemy offers courses on a wide range of topics, while edX specializes in humanities and science courses.
Paid learners at edX also benefit from active interaction with other learners and feedback from instructors, providing a more immersive learning experience compared to Udemy, which relies primarily on self-study.
edX Benefits:
- An easy-to-use interface with a simple login process
- Attractive course content with a mix of audio, image and text lessons
EdX Disadvantages:
- It is difficult to register as a teacher on the platform. There must be a space available for your course content and you must be a member of a recognized institution.
In this Article We have discussed the 5 best Udemy competitors and alternatives specially for course creators who want to sell courses online. for More Helpful Articles Visit Our Blog Section: https://devcodesolutionz.com/blog/
