Monday, January 7, 2013

MOOCing money

In more contemporary news of online education, the NYT today reports Massive Open Online Courses Prove Popular, if Not Lucrative Yet
One tiny revenue stream has begun flowing into the nondescript Silicon Valley office building where Coursera’s 35 employees work to keep up with the demand for their courses: the company is an Amazon affiliate, getting a sliver of the money each time Coursera students click through the site to buy recommended textbooks or any other products on Amazon.
“It’s just a couple thousand, but it’s our first revenue,” Ms. Koller said. “When faculty recommend a textbook and people buy it on Amazon, we get some money. The funny thing is that we’re getting more than twice as much money from things like Texas Rangers jackets as from what the textbooks are bringing in.”
Other possibilities around the edges include charging a subscription fee, after a class is over, to continue the discussion forum as a Web community, or perhaps offering follow-up courses, again for a fee. And advertising sponsorships remain a possibility.
And possibilities like making the course content freely available but charging for tutor services...
Or then again, maybe not.

No comments:

Post a Comment