How to Build an Educational Video Subscription Service?

Coursera, Skillshare, LinkedIn Learning—do these names ring a bell? All of these platforms offer online courses to students, professionals, and others to enhance their skillset. Online education has seen steady growth over the years. Being valued at $107 billion in 2015, it is expected to rise to $325 billion by 2025.

Reasons Why E-learning Subscription Platform is Popular

E-learning subscription platforms allow you to easily access any educational content and training materials through a website or an application. This way of mastering skills is a great way to learn at your own pace and increase your knowledge. Online education subscription platform is seeing a great rise this year as many institutions and companies are moving towards servicing the high-demand for e-learning.

Features of Educational Video Subscription Platform

Easy & Powerful CMS
Educational video subscription platform should have a powerful Content Management System (CMS) to provide a good user experience in playing video on demand. Easy to upload, store, organize and access video content is a must for content creators and users alike.

Can Set Your Own Price

A video subscription platform allows you to charge for your content and services at the rate you want to set. There are no restrictions on what the prices should be or any guidelines that dictate you to reduce your rates based on the platform.

Payment Integration

Payment integration with high security and the ability to collect all modes of payment should be done. Not just one-time payments but recurring payments by users and auto-pay features are something to be explored while building educational video subscription platforms.

Monetize Video and Combined Subscriptions
You can earn in online education by creating a subscription-based educational platform that charges per week, month or year depending on your content and lesson plan. You can also look into pay-per-view subscriptions and advertisements as a source of revenue when you build your platform. Some service providers use a combination of two or more to create a hybrid payment system that makes it easier for students and professionals to access videos.

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