The global corporate training market has been growing steadily in recent years and is expected to continue to grow in the future. According to a report by Technavio, the global corporate training market was valued at $360.28 billion in 2020 and is projected to reach $1.26 trillion by 2025, growing at a CAGR of over 24% during the forecast period.
Several factors are driving the growth of the global corporate training market, including the increasing demand for continuous employee training and development, the rise of e-learning platforms and mobile learning, and the growing adoption of artificial intelligence and virtual reality in corporate training.
Geographically, North America is currently the largest market for corporate training, followed by Europe and Asia-Pacific. The Asia-Pacific region is expected to see the fastest growth in the corporate training market due to increasing investments in employee training and development by organizations in the region.
The global corporate training market is poised for significant growth in the coming years, driven by the need for upskilling and reskilling employees in response to changing job requirements and the increasing use of technology in corporate training.
The Value of Ready-Made Courses for Corporate Training Programs
Ready-made courses can be a valuable resource for corporate training programs in a number of ways.
They can save time and resources by providing pre-designed content that is ready to use without the need for extensive development or customization. This can be especially useful for small businesses or organizations with limited training budgets or staff.
Ready-made courses can provide access to expert knowledge and best practices in a particular industry or subject area. This can be especially valuable for companies that need to quickly upskill or reskill employees to keep up with changes in technology or business practices.
Ready-made courses can provide a consistent and standardized training experience for employees across different locations or departments. This can help ensure that all employees have access to the same level of training and knowledge, which can improve overall performance and productivity.
Ready-made courses can be updated and modified to meet the changing needs of the organization. This can help ensure that training programs stay relevant and effective over time.
While ready-made courses can be valuable for corporate training, it is important to choose courses from reputable providers and to ensure that they meet the specific needs and goals of the organization.
Why Reselling Online Courses for Corporate Training is a Good Business Opportunity
Reselling corporate training courses can be a good business idea for a number of reasons:
Low Overhead Costs
Since you are reselling pre-designed courses, you don't have to worry about the costs associated with creating your own training content, such as research, development, and design. This can result in lower overhead costs and higher profit margins.
High Demand
There is a growing demand for corporate training courses as companies recognize the importance of investing in employee development. By reselling pre-designed courses, you can tap into this demand and offer a valuable service to businesses of all sizes.
Access to a Broad Customer Base
There is a wide range of industries and businesses that require training courses, so reselling courses can give you access to a broad customer base. You can also tailor your offerings to meet the specific needs and goals of different organizations.
Flexibility
Reselling courses can be a flexible business model since you can choose the courses you want to offer, set your own prices, and work on your own schedule.
Potential for Recurring Revenue
Many corporate training courses are designed for ongoing professional development, which means that businesses may need to purchase additional courses over time. This creates the potential for recurring revenue and a stable customer base.
About LMS Portals
At LMS Portals, we provide our clients and partners with a highly scalable SaaS-based, multi-tenant learning management system that allows you to launch a dedicated training environment (a portal) for each of your unique audiences.
We provide our reseller partners with a complete library of ready-made courses, covering most every aspect of corporate training and employee development.
The system includes an embedded SCORM-compliant course authoring tool that enables most anyone to build engaging courses quickly and easily.
If you choose to, you can create Learning Paths to deliver courses in a logical progression and add structure to your training program. The system also supports Virtual Instructor-Led Training (VILT) and provides tools for online coaching and social learning.
Together, these features make the LMS Portals platform and ready-made online courses the ideal solution for our reseller partners.
Contact us today to get started or visit our Partner Program pages