Yes, you can make a course for a low demand topic and still see success, but it usually only happens in two scenarios.
Scenario 1 is that you’re making a topic on as brand new thing that’s rapidly growing in popularity, so it’s only a matter of time before people start searching online for courses on the subject. This is pretty typical with new softwares, for example. The market just looks weak because well… your topic isn’t well known yet but it will soon be.
Scenario 2 is where there is demand for this information, but no one has taken the plunge and tried to make a good course on it yet. If there are no courses on the topic to sell, then Udemy isn’t going to have ant data to say that people are indeed interested in it.
When I made my first course called “Mastering AirBNB”, there was only 1 other course on the topic, and it was very poorly made. When I made my course, Udemy noticed that it was in fact a topic people were willing to buy, and eventually started promoting it. When you think about this second scenario though, it’s usually obvious in hindsight. Airbnb hosting is a side business and it makes money for its hosts. Businesses and money making skills are always popular online courses on Udemy, so it had a leg up there. Not to mention, Airbnb was on its way to becoming a global phenomenon and household name – you didn’t need a crystal ball to see that happening.
Udemy’s marketplace insights tool has 2 problems.
1) They give you a 90 day average revenue number for ALL top courses. This isn’t particularly useful (and can actually give you the wrong impression) because a large amount of topics have 1 popular course soaking up 80%+ of the revenue. If you’re faced with a topic like this, you need to know this. This means that your course NEEDS to be better than the top course, and if it’s not then it’s not likely to make any money at all. Really popular courses have a tendency to drive up the average revenue number and make the entire topic look like it’s popular, when that’s not actually the case.
2) Their tool spits out a lot of stats that are not easy to understand, especially for newer instructors. What are you suppose to make a difference in conversion rate of 5% and 18%? How does the revenue distribution amongst channels help you, exactly? If you want to dive into these numbers, check out my post on deciphering the marketplace insights panel, otherwise I generally just say to ignore them.
“Udemy is SC@M!! My 15 minute course on why I”m awesome made no $$. Ridiculous!!!” - The instructor who made an inferior course
The vast majority of Udemy students buy their courses on discount, so theres no such thing as a “cheap course”. All courses are “cheap”, which means your lack of coverage can’t be made up for with a lower price.
The majority of Udemy students are “English second language” so your audio quality needs to be clear to be understood.
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