Building A Custom LMS: eLearning Development Costs & Risks

eLearning Development Costs & You– Should You Build Your Own LMS?

If you’ve got a killer idea to build a business teaching others, you need to decide how to evaluate the eLearning development costs to best monetize your education content. Should you invest the time and money into building your own Learning Management System (LMS) or should you buy into an existing ecosystem? There are costs and benefits to both, which we’ll cover here.

 

Tradeoffs, Benefits and Potential Rewards of the 3 Main eLearning Development Options

Selling educational materials online isn’t a new game: which means there are a lot of eLearning distribution portals out there. There are three main paths you can take when you’re looking to develop an eLearning platform for your content: aggregator sites, semi-custom websites, and totally custom builds.

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