Financing Sarah

Skool 

The educational landscape, particularly in online education and coaching programs, has seen significant growth and transformation in recent years. More people are learning online than ever before, and it’s no surprise in this quickly changing environment that offers so many topics available at your virtual fingertips. Skool acts as an educational platform, enabling coaches and educators to nurture relationships and share content. The online education market has seen an exponential rise, with a 900% growth rate since 2000. By 2027, it’s expected that online students will reach an astonishing 1 billion globally. Are you looking for a platform to take your course or a coaching program to market or take your educational program to the next level? Skool might be the right fit for you. 

The education sector is constantly evolving. We all need to stay up to date on what’s current in our industries. Platforms like Skool are innovating by integrating community interaction with learning, offering a unique approach compared to traditional online course platforms. As online education continues to expand, platforms that can effectively combine quality educational content with engaging community features are likely to stand out and attract more users.

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In 2023, undergraduate enrollment witnessed its first increase since the global pandemic, growing by 1.2 percent, with a notable rise in community college enrollments by 2.6 percent. This growth is driven by various factors, including the increased appeal of shorter, skills-focused training programs like micro-credentials. These programs are tailored to meet the immediate demands of the job market, providing a more flexible and financially feasible option for students juggling other responsibilities​​.

In the online education space, business courses have emerged as the most popular online courses, taken by 30% of online students. The affordability of eLearning is a major factor in this growth, with 60% enrolling in online programs due to cost-effectiveness as well as flexibility. The average cost for online courses ranges between $50 and $300, making it a more accessible option compared to traditional learning environments​​.

What is Skool? 

Skool is a platform for setting up educational content, and it distinguishes itself in the competitive landscape of education with some fantastic tools. Its approach to online education and community building sets it apart. Skool’s primary competitors include well-established online educational platforms like Coursera, edX, and Udemy. These platforms have been at the forefront of the eLearning expansion, with edX experiencing a significant enrollment increase of 29 million in 2020.

Skool differentiates itself by focusing on creating a community-driven learning environment. It combines course creation with community engagement tools, allowing educators to not only present content but also to foster interaction and discussion among students. This model aims to replicate the interactive and collaborative aspects of traditional classroom settings in a digital format. In contrast, platforms like Coursera, edX, and Udemy primarily emphasize individual course offerings, with community connection often being secondary. 

The Skool community layout looks similar to a Facebook feed. Administrators create posts, and others can like them and comment. Users creating valuable posts can translate into points and levels that are displayed on their profile. This gamification method for online teaching is an interesting feature of Skool’s community tool, and it’s a great feature for any educational or coaching program focused on support, accountability, and engagement. It is missing from most online course competitors on the market.

Tools like quizzes and assessments aren’t available as of yet, but with enough demand, they would be a great asset to online education. Another thing Skool lacks is video hosting – you will have to use your own solution (YouTube/Vimeo/Wistia/Loom). Integrate Skool with Pabbly for automation that transfers your contacts to email marketing platforms, CRM, and anywhere else you would like to manage your client base and nurture these relationships. Set up subscriptions with ThriveCart and choose the right payment processor

Pricing 

Skool provides a simple pricing model with one subscription plan at $99/month. It also provides a 14-day trial for free but no annual discount. This plan offers unlimited courses and community members, as well as the full range of Skool’s features.

Whether you want to teach people how to build an online business or salsa dance, cook, or write non-fiction if you are a coach or educator and want to access this huge network with your course or content, start your own Skool account using our affiliate link. There is no extra cost to you for using our link. Using our affiliate link pays us a small commission, which contributes to the cost of maintaining this website so we can continue to make great content available to our readers for free. Thank you for your support. Subscribe for more business, sales, and investing posts. Have a lovely day!