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What is Transformative Income Generation (TIG)

Encyclopedia of Distance Learning, Second Edition
A model by which the investment for online educational offerings can be re-purposed by analyzing existing or new content and determining the cost effectiveness of delivery to pre-determined markets with a high chance for financial success.
Published in Chapter:
Repurposing Educational Content into an International Market
Evan T. Robinson (Western New England College School of Pharmacy, USA)
Copyright: © 2009 |Pages: 4
DOI: 10.4018/978-1-60566-198-8.ch258
Abstract
The intent of action is the achievement of something decisive. Within any business, decisiveness is hopefully linked to the successful generation of revenue due to the right product being introduced to the right market at the right time. The challenge is to ensure that once a product is released to the market, the most revenue possible can be earned. In the case of higher education, one potential product is online education offerings that provide learning opportunities to students who cannot participate in a traditional education. The development of digitized educational materials for online use, however, can be costly and subsequent revenue streams may generate little or no revenue, which has occurred in some instances for distance education programs.
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