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Justin Ferriman provided a great answer. I’m going to build on what he’s noted by speaking specifically to the costs associated with cloud-based LMS solutions.With a cloud-based or hosted LMS, the LMS vendor hosts the software on its remote server in the cloud. (“In the cloud” just means the service is internet based; the host’s server is stored in a safe, physical location.) Users within your organization and learners enter the program via an internet browser.As with similar SaaS offerings, you will be offered either a package-based, all-inclusive or metered pricing plan to use the LMS. If any updates are needed, your users can add new content via a web browser. This type of LMS permits you to customize and brand your content.If you are new to the LMS market and looking to build and grow a new program, I’m of the opinion that cloud-based is the way to go.Unlike an on-premises or custom-developed LMS that requires a lengthy development timeline, a hosted or cloud-based LMS stands ready to go from the first day. Reduced ramp time leads to quicker time to value.On to PricingA recent survey by Capterra found most companies had lowballed their expected LMS costs during the planning stage by an average of 59%.You can sidestep that trap by making sure you’re informed about the pros and cons of different pricing models when it comes to choosing an LMS.All Inclusive v. PackagedThe vast majority of cloud-based LMS vendors use one of these two approaches to pricing. Whether the features included in their pricing are packaged or all inclusive, the principle is the same: you estimate how many seats you’ll need each month, then pay a flat monthly fee for the software — no matter how many seats you actually use.All-inclusiveWith all inclusive pricing, the software company offers customers a single flat price for the entire list of services. This price may be presented as a set of tiers based on the number of seats the customer thinks they’ll use, or it may be presented as a custom proposal.Either way, the total LMS cost is presented without an itemized breakdown of individual features.The benefits of this model are that it’s simple to calculate for the company and simple to understand for the customer. You don’t have to know for certain ahead of time the specific features you will need. The downside is that you pay for features and seats you may never use.PackagedWith packaged pricing, the customer still pays a flat subscription fee, but they’re able to create their own custom package by choosing the features they think they’ll need.Most companies using a packaged pricing model will offer a base price for core features, then upsell customers on optional add-ons, such as e-commerce compatibility, white labeling and integrations. Some companies also charge an extra yearly fee for customer service.The benefit of the packaged model is you can choose the options best for your needs, rather than paying for bells and whistles that aren’t right for their company.The downside is that you are incentivized to choose fewer features than you may need in an attempt to save money and thereby minimize your own chances of using the LMS as effectively as possible.Hidden CostsMost LMS companies, regardless of their base pricing model, will also charge one-time or recurring fees not included in the base agreement. These “hidden fees” can take big chunks out of your budget if you’re not expecting them.Here are a few to look out for:Implementation/set-up fees: Most LMSs will have an implementation fee. With SchoolKeep, for example, the $750 onboarding fee includes all the support and training you need.Licensing fees: Some companies charge a yearly licensing fee that allows you to use the software, on top of the seat licenses or other fees you’re already paying.Design customization costs: Many LMSs advertise themselves as “white label” but really only permit some basic branding within their library of templates. True design customization that ensure your LMS learning portal matches your brand will cost more.Upgrade fees: If you need to upgrade your plan to add additional users — or downgrade if you need fewer seats — some companies will charge fees for that.Excessive use fees: It’s difficult to know exactly how many seats you’ll need at a given time. If you go over your plan, most LMS will charge an excessive use fee.Other hidden fees: When choosing an LMS, be sure to ask about these common fees that are easy to overlook — maintenance fees, mandatory training fees and customer service fees.Hope this helps!

Mba In IndiaEducation is today an integral part of our lives. The process of achieving education is endless and can be signNowed at any age. Recent trends provide students with the flexibility and ability to acquire degrees using both full-time and distance education courses. The idea of online correspondence courses was specifically sprouted by the need for candidates who perform professional careers. In the past, most candidates were robbed of additional professional diplomas, such as MBA, MCA and Journalism and Mass Communication. The reason for this was that they were sufficiently busy with their careers and therefore usually unable to hire a full-time course.The professional environment is almost competitive in almost all industries. In such a situation, it is important for everyone to support his career at an appropriate professional level. Advent of Online MBA programs has given students the opportunity to obtain a management diploma through various correspondence MBA courses. These distance education numbers are easy to achieve because at the same time the candidate can continue with his respective job. The beauty of these courses is that the students should not be present in the classroom. On the contrary, these distance learning MBA programs make the flexibility of attending lessons from home comfort.Many people are attracted to an MBA degree and consider it a very attractive career option. However, due to lack of time and other obligations, many could not get this degree. With the correspondence MBA becomes popular, it is possible for many executives to earn this grade without leaving their work. In addition, spending on such a degree is much less than a traditional MBA degree.Many universities have come up with online executive MBA that costs less and the degree is equally useful as a traditional course. Every year thousands of students enroll in such correspondence MBA and earn the degree without any hassles. On the learning part, it is no less than a traditional MBA program. The Universities have left no stone unturned to fill the gap between an online executive MBA and a classroom teaching. Online classes are all to feel classroom with the use of technology. E learning has come to help and virtual classrooms are made to make students easy to learn the subjects and gain the knowledge.Many instructive designers, graphic designers and a lot of people work on developing the program and prepare the study material and course modules of the online executive MBA. Students are provided with a username and password that helps them to sign in to the course. The universities offering such correspondence MBA ensure that all questions of students who wish to register in an online MBA program are answered. The other benefits of such online executive MBA are students can easily access the study material. Many PPT and PDF files are sent directly to their mail. They can also log in to the website and attend the virtual lessons of well-known professors. During a virtual class, the chat medium is used to answer the questions.Online classes for correspondence MBA are given on timings that suit the students as most of them are professionals who work in different organizations. The trends have changed and many students believe that investment funds in a correspondence MBA are a feasible solution than to choose a full-time MBA program. Apart from the less time to complete the course, MBA cost savings will be even less. Both of these factors are attracting more and more students to learn this correspondence MBA, which easily enables them to earn the grade.The correspondence MBA course examines the nature of small organizations and how they differ from larger organizations. In addition, the relationship to marketing is explored to reveal how small organizations create value that promotes profitable exchange that leads to customer satisfaction. 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