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Udemology
The science of Udemy
Market Research Report:
Entrepreneurship
By: www.udemology.com
1
About Udemology
Udemology.com provides facts,
figures and reports about Udemy. All
this information is intended to help
out course instructors to succeed
and supporting the Udemy
Community.
Market Research
This market research will provide
any course instructor information
about the Web Development
category. Are you planning to make
a course in this category? Please
read on!
2
Why Should You Do
Market Research?
Perhaps you are just wondering why
you should even bother to do this.
The goal of market research is giving
insight in your market. You want to
validate that the “product” or “course”
you produce will sell. If you discover
during your research that this will not
succeed, well than look for another
topic.
In this research we at Udemology will
give our personal opinion. You do not
have to agree it, but we will make sure
you understand what we are doing
during this research!
3
The questions we will
analyze
In the market research we will give you
answer on the following questions:
1. How many courses are available in this
market?
2. How many competitors are in this
market?
3. What is the average price for a course?
4. How many students bought a course?
5. How many students does a course have
on average?
6. Who is the largest competitor?
7. What would be my earning potential if l
will create a course in this segment?
And finally the Udemology conclusion!
Is this a market to get in too YES or
NO?
4
1. How many courses are
available in this market?
Many people see competition as a
curse. In reality competition is a
healthy sign of capitalism. Competition
is a sign that the market you are in is
financially healthy. More courses
equals to more money that can be
made.
How many courses in this category? In
total 422 courses are available in the
market. That is a great deal of courses.
5
2. How many competitors
are in this market?
The Entrepreneurship market in Udemy
has 329 competitors. You might already
notice that some competitors are
offering more than one course. In total
there are 422 courses, and 329
competitors offering courses.
6
3. What is the average price
per course?
In the Entrepreneurship market of
Udemy there are prices ranging from
$0 all up to $749 . The price difference
is huge, but on average the price for a
course is $83. That is a decent price.
7
4. How many students
bought a course?
In total 669,750 students have
enrolled. That is a large amount.
Please note that we did not extract the
total free courses that students
followed. The amount of free students
is quite huge in this market.
Over 377,218 students enrolled for a
free course. That is 56.3% of the entire
market that follows a free course
(377,218 / 669,750 x 100%). Only
292,532 students enrolled for a paid
course.
8
5. How many students does
a course have on average?
You already start to realize the market
size is quite large. Now we will measure
the average per course.
The easy way is to divide the amount of
students by amount of course. That is
1587 students (=669,750 / 422). On
average a course receive 1587
students.
Please note that in that calculation we
included the free students. Want to
know how much the paying student is?
That is 780 paying students (=292,532 /
422 – 47 free courses). We reduced the
422 courses to 375 because 47 courses
were free.
9
6. Who is the largest
competitor?
In this part we will analyze our biggest
competitor in Entrepreneurship. We
measure that based on the amount of
students per competitor. Well here you
have the top 3:
This is the preview version of this
Market Research. Do you want to have
the full version of this document? Get
the Udemology course on Udemy and
learn how to pick the perfect topic for a
Udemy Course that sells!
Get the full report and more!
10
Is this Market Research valuable to you?
And do you want more?
Sign up for the Udemology Research Letter
and receive more Research Letters in your
mailbox. Click the red sign up button.
Udemology:
Udemology has only one main goal, and
that is to create content that provides
maximum value to every course instructor.
Udemology, the science of Udemy!
Sign up for the Udemology Research Letter
@ Udemology.com
The #1 Udemy resource site
that provides data, statistics
and reports about Udemy for
course instructors.
© All right reserved by Udemology
Nicky Wong
Nicky Wong is the creator of
Udemology. A true Data
Analyst.
© All right reserved by Nicky Wong
D
Disclaimer
The data in this research is
based on (current) asking
prices. We do not distinct
students that bought the
course for a discount, Udemy
Promo, or enrolled thru free
vouchers.
That data is not available but
we are working hard to
develop this data in the
future.

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Udemy Market-Research Entrepreneurship by Udemology

  • 1. Udemology The science of Udemy Market Research Report: Entrepreneurship By: www.udemology.com
  • 2. 1 About Udemology Udemology.com provides facts, figures and reports about Udemy. All this information is intended to help out course instructors to succeed and supporting the Udemy Community. Market Research This market research will provide any course instructor information about the Web Development category. Are you planning to make a course in this category? Please read on!
  • 3. 2 Why Should You Do Market Research? Perhaps you are just wondering why you should even bother to do this. The goal of market research is giving insight in your market. You want to validate that the “product” or “course” you produce will sell. If you discover during your research that this will not succeed, well than look for another topic. In this research we at Udemology will give our personal opinion. You do not have to agree it, but we will make sure you understand what we are doing during this research!
  • 4. 3 The questions we will analyze In the market research we will give you answer on the following questions: 1. How many courses are available in this market? 2. How many competitors are in this market? 3. What is the average price for a course? 4. How many students bought a course? 5. How many students does a course have on average? 6. Who is the largest competitor? 7. What would be my earning potential if l will create a course in this segment? And finally the Udemology conclusion! Is this a market to get in too YES or NO?
  • 5. 4 1. How many courses are available in this market? Many people see competition as a curse. In reality competition is a healthy sign of capitalism. Competition is a sign that the market you are in is financially healthy. More courses equals to more money that can be made. How many courses in this category? In total 422 courses are available in the market. That is a great deal of courses.
  • 6. 5 2. How many competitors are in this market? The Entrepreneurship market in Udemy has 329 competitors. You might already notice that some competitors are offering more than one course. In total there are 422 courses, and 329 competitors offering courses.
  • 7. 6 3. What is the average price per course? In the Entrepreneurship market of Udemy there are prices ranging from $0 all up to $749 . The price difference is huge, but on average the price for a course is $83. That is a decent price.
  • 8. 7 4. How many students bought a course? In total 669,750 students have enrolled. That is a large amount. Please note that we did not extract the total free courses that students followed. The amount of free students is quite huge in this market. Over 377,218 students enrolled for a free course. That is 56.3% of the entire market that follows a free course (377,218 / 669,750 x 100%). Only 292,532 students enrolled for a paid course.
  • 9. 8 5. How many students does a course have on average? You already start to realize the market size is quite large. Now we will measure the average per course. The easy way is to divide the amount of students by amount of course. That is 1587 students (=669,750 / 422). On average a course receive 1587 students. Please note that in that calculation we included the free students. Want to know how much the paying student is? That is 780 paying students (=292,532 / 422 – 47 free courses). We reduced the 422 courses to 375 because 47 courses were free.
  • 10. 9 6. Who is the largest competitor? In this part we will analyze our biggest competitor in Entrepreneurship. We measure that based on the amount of students per competitor. Well here you have the top 3: This is the preview version of this Market Research. Do you want to have the full version of this document? Get the Udemology course on Udemy and learn how to pick the perfect topic for a Udemy Course that sells! Get the full report and more!
  • 11. 10 Is this Market Research valuable to you? And do you want more? Sign up for the Udemology Research Letter and receive more Research Letters in your mailbox. Click the red sign up button. Udemology: Udemology has only one main goal, and that is to create content that provides maximum value to every course instructor. Udemology, the science of Udemy! Sign up for the Udemology Research Letter
  • 12. @ Udemology.com The #1 Udemy resource site that provides data, statistics and reports about Udemy for course instructors. © All right reserved by Udemology Nicky Wong Nicky Wong is the creator of Udemology. A true Data Analyst. © All right reserved by Nicky Wong
  • 13. D Disclaimer The data in this research is based on (current) asking prices. We do not distinct students that bought the course for a discount, Udemy Promo, or enrolled thru free vouchers. That data is not available but we are working hard to develop this data in the future.