Read my review of Teachable before deciding on a platform to start selling online courses, and you’ll be better informed. I will discuss the benefits and drawbacks of using the platform, as well as compare it to other leading providers of online courses.
I’ll also go over a significant oversight that you need to avoid making while marketing your first course.
Teachable is perhaps the most well-known online course platform that you can use to construct and sell membership sites and online courses. Teachable also allows you to import content from other platforms. Teachable will offer you a foundation for everything you need in order to design and sell your own course.
You are able to construct your course using videos and written content, and then sell it using a Teachable sales page that is based on a template that has already been created.
You have the option of using Teachable Payments, the built-in payment processing that comes standard with the Teachable platform, or you can utilize your preferred third-party payment processor such as PayPal or Stripe.
Teachable offers three different pricing plans: $39, $119, and $299 per month. Note that the Basic Plan, which costs $39 a month, assesses a transaction fee of 5 percent of the sale price each time you make a sale. This fee can soon add up.
The Teachable package that I believe to be the most beneficial is the Professional plan, which costs $119 per month. This is the very first Teachable plan to have no fees associated with transactions. The Professional Plan is the only one that comes with built-in course completion certificates and built-in affiliate mechanisms to help you sell your course. Thinkific is the only company that offers both of these features.
Pros of Teachable
- Teachable Payments is a built-in payment processing solution, which means that you do not need to sign up for a separate account with Stripe or PayPal.
- With Teachable’s built-in email marketing tool, you are able to send out messages to students whenever events such as enrolling in a course or completing it take place.
- Certificates of Completion for Courses are Available on the Professional Plan and Higher (many providers do not offer this or require you to pay a 3rd party).
- The Teachable app for iOS allows users to gain access to your class.
- For more expensive classes, you may wish to consider giving students the opportunity to pay in installments, such as on a monthly basis.
- In a membership-based business model, you have the option of charging a reoccurring monthly fee for continuous access to a training program or class.
- Teachable will manage EU VAT on your behalf.
- There is an option available that is completely free, however this counts as one of the Cons as well (see next section)
The user-friendly interface of 1 Teachable
Teachable’s admin page is quite user-friendly, which makes it simple to create your first course using the platform. The navigation of Teachable is straightforward and simply includes the most essential customization options. When using certain other course systems, a novice may feel overwhelmed by the extensive number of customizing options available.
The payment processing offered by Teachable
The Teachable platform includes in-built support for handling financial transactions through Teachable Payments. You won’t have to go through the hassle of setting up an account with a third-party payment processor and then configuring it within the platform because this does it for you. Teachable Payments’ rates, which are 2.9 percent plus 30 cents per transaction, are competitive with those of industry norms, namely Stripe and PayPal. The one and only catch is that Teachable deducts a 25-cent fee from each payout; nevertheless, this price is practically nothing if you only receive payouts once or twice a month.
Various Options for Coaching
The coaching option, which is made available to all paying users of Teachable, is a superb feature for sole proprietors who are interested in making money by selling digital coaching services online. It makes it simple for coaches to create sales pages and intake forms for their clients to fill out. There is also an area for one-on-one coaching, in which users can plan coaching sessions and contact with you directly. This replaces the need for email and a great deal of back-and-forth communication. In addition to that, there are a multitude of additional integrations for scheduling and video conferencing tools.
Teachable just just announced the debut of a new integration with Circle.so, which provides a user-friendly and straightforward community platform that encourages participation and helps users develop meaningful connections with one another. Circle.so allows you to build a community for your brand at no cost and generate new leads for your business. In addition, you have the option of developing a community space tailored exclusively for the purposes of your cohort-based course in order to direct the conversations within the course and ensure students’ accountability. You have the option of creating a free or premium stand-alone community by utilizing Teachable’s Circle.so integration. You also have the option of creating a community that is associated with your courses.