Logo CudyTech
Back to Cudy
Logo CudyTech
Back to Cudy

Calculating the ROI of your e-Learning courses

'}}

Written By: Cudy

25th April 2023

'}}

If you're running e-Learning courses, how do you calculate the return on investment (ROI) of your e-Learning?

We have a simple formula to help you calculate the ROI of your e-Learning courses. It's a formula that we use ourselves and one that we recommend to our clients:

Calculating the ROI of your e-Learning courses = % Retention x Cost per Learner x Return on Investment per Learner

Here's an example:

If you have a training course that costs $1000 and has a 50% retention rate, then the cost per learner is $500. If your average return on investment (ROI) per learner is $10,000, then the ROI of your course is: $500 x 50% x $10,000 = $2500. So, for every dollar spent on your course, you get a return of $2.50. Pretty good!

But it gets better…if you increase the retention rate to 80%, then the cost per learner drops to just $250 and if your average ROI per learner stays at $10,000 then the ROI increases to: $250 x 80% x $10,000 = $4000. So, for every dollar spent on your course, you get a return of $4.00.

So the question is: how do you increase the retention rate?

You can improve the course design and learner experience to make it more engaging and memorable. You can also make it shorter and more concise by focusing on the core learning objectives. We often find that increasing the course length actually reduces the retention rate!

Now it's your turn…how do you calculate ROI for your e-Learning courses?

Find an academic tutor
Find a lifelong coach
'}}

Written by

Cudy

Cudy is an online marketplace for real-time learning where students can achieve mastery over their subjects by learning live from educators who are passionate about providing the best learning experience for their students.

More stories

'}}
The best art learning online courses are the ones that offer the most extensive curriculum and provide students with the opportunity to engage in real-world practice. Some of the best art teaching online courses have many thousands of hours of content. How do online courses work? Online courses work by providing students with access to […]

Cudy

25th April 2023

READ
'}}
Students who want to learn about artworks can do so with an online art class. With the internet at their fingertips, students can learn about artworks and drawings by taking an online art class. There are several online art classes available that students can take. They can choose the one that fits their schedule and […]

Cudy

25th April 2023

READ
'}}
When you create an eLearning course, it’s important to design it in a way that will engage your learners. A course that is designed with emotion will be more memorable and engaging than one that isn’t. It’s also easier to learn from courses that evoke emotions, and the more engaged your learners are, the more […]

Cudy

25th April 2023

READ
'}}
Here’s a quick checklist of 9 important things you need to consider to ensure that your eLearning strategy is effective. 1. Make sure your eLearning is mobile-friendly When it comes to the world of learning, you want to make sure that you have an optimized strategy for reaching learners on their mobile devices. In fact, […]

Cudy

25th April 2023

READ
Subscribe to our blog