1. Teachable and online classes
The belief that learning should only take place in a classroom has long been disproved.
Online classes are the way of the day!
They offer you the right to learn when, where, and for how long you want.
The greatest thing is that everyone can create a course.
There's no end on what you can teach, from writing business plans to gardening.
Check out our guide to see how you can start designing your online course right now.
1.1. What does it mean to be teachable?
Teachable is a website that is hosted in the cloud.
They offer a wide range of online courses created by over 80,000 professors.
Teachable helps course designers to publish, sell, and support their courses.
Payment collection is also handled for you, leaving you able to concentrate on creating incredible content.
1.2. How can I market a Teachable course?
If you're starting from scratch, you'll need to sign up for one of their paying plans first.
Build a domain for your coursework after you've subscribed.
Then you'll need to set up your payment gateway.
Teachable has three payment gateway options:
- Teachable Payments
- Gateway for recurring payments
- Payment portal built just for you (custom)
Teachable purchases remove the need for a third-party app.
You will be billed into your bank account directly.
Paypal integration is required for monthly and custom payment gateways.
You're free to go until you've set up your payments.
You will begin adding material to your course and posting it (don't forget to give it a catchy name first).
You will also sell the course on Teachable if it's already set up on another website.
Simply upgrade to a paying plan and connect the course to a custom domain.
You'll be able to hold the new viewers this way.
Teachable is a well-known and simple-to-use website for selling online courses.
But the big question is whether their rates are worth it (which is why you clicked on this link).
2. Teachable price
The best things in life are said to be easy, but not with Teachable.
Teachable no longer provides a free account, but their Pro plan does come with a 14-day preview.
Teachable offers three pricing choices based on your preferences and the scale of your audience.
Let's take a look at each one separately and see what's on sale.
2.1. The Basic Plan is $39 per month ($29 per month if charged annually).
This alternative is best described as "basic." Don't get me wrong, there are some cool things on here, just nothing spectacular.
2.1.1. The Standard plan contains the following features:
- Transaction fees of 5% for unlimited students
- Members-only class Course product Coaching product
- Payments are made immediately.
- 2 consumers with administrative privileges
- Course designer preparation and product support
- Support for custom domains
- Codes for discounts
- Course material is delivered in stages.
- Email marketing that is integrated
- Integrations of third parties
Any course you sell would incur a 5% processing charge under the simple package. If you sell a lot of courses, this will burn a big hole in your wallet.
Despite being the least expensive of the three plans, it can end up being the most expensive.
In the plus hand, instant payouts are available (yay!) - but only via the Teachable payment portal.
There are no integrations needed. Stripe Express is used to deposit funds into your bank account.
Integration of email marketing services like MailChimp is also feasible with this package.
Email promotions are an effective (and necessary) means of marketing the courses and recruiting new students.
However, there are extra costs - see MailChimp's pricing.
2.2. Professional Plan - $119 a month ($99 per month if charged annually)
The Skilled plan is by far the most common, and for good reason. It's a big step up from the standard plan, with some different additions.
2.2.1. The Pro package has the following features:
- There are no limits on the number of students who will
- There are no processing costs.
- Product of the course
- a group with members only
- Users with a 5-admin rating get immediate payouts.
- Priority product assistance
- Quizzes that are graded
- Reports for advanced users
- Certificates of course completion from an unbranded platform
- Completion of the course
- Affiliate marketing that is integrated
- There are no account costs for this package.
It also comes with affiliate marketing software to help you sell your course.
Teachable compensates the members as well (with your money of course).
This way, you won't have to dedicate too much effort to your finances.
This package also contains extensive information on classes, classes, and upsells. You will accurately observe and interpret the actions of your audience.
Your online course will have a genuine feel thanks to completion certificates and graded quizzes.
Teachable provides a 14-day free preview of their Professional plan to subscribers.
2.3. Business model - $299 a month (or $249 if charged annually)
The Professional strategy costs more than double as much than the Business plan. And it doesn't have any major enhancements.
2.3.1. The following are some of the features of the business plan:
- There are no limits on the number of students who will
- There are no processing costs.
- Members-only class Course product Coaching product
- 20 admin-level apps get instant payouts
- Priority product assistance
- Importing students by hand
- Enrollment of large groups of students
- User positions that can be personalized
- Theme customization options are extensive.
- Customer satisfaction managers execute squad coaching calls.
- Customer service and quality training are at the forefront of this strategy.
The Professional plan's transaction costs and payment plans remain the same.
All are useful features to provide. However, unless you're creating a course that needs several authors, you won't need them.
3. Is Teachable a good investment?
Teachable is a nice service, but it isn't the only (or the cheapest) one available.
The below are some of the advantages and disadvantages of using Teachable:
3.1. Advantages
- You don't need a payment app because the teachable payment portal allows for direct bank account payment.
- Certificates - Once the students have finished the course, give them certificates.
- Students can navigate your courses from anywhere thanks to a mobile-friendly app.
- Teachable receives VAT on all transactions made in the EU and makes sure that all taxes are collected.
3.2. CONS
- There are very few customization opportunities - models are extremely small.
- So many secret costs - There are a lot of hidden fees you'll end up paying, from conversion fees to integrations.
- To build revenue funnels, you'll need a third-party app.
- You'll need to integrate with other applications to advertise your course if you don't have access to email marketing services.
- There is no telephone assistance online.
- There is no marketplace course.
Teachable has a lot of useful features, but the prices will eat into your budget.
4. Teachable's Alternatives
Perhaps you want to get more bang for your buck. We've compiled a list of excellent Teachable alternatives.
4.1 Systeme.io
Systeme.io takes pride in being a top-notch sales funnel designer.
They offer a comprehensive digital marketing solution for your business, course, or blog.
Without the use of third-party software, you can create, sell, and promote your online courses.
You will check out systeme.io's functionality for 14 days for free (no credit card needed).
4-1-1. Why is systeme.io superior to Teachable?
- Email marketing software built-in
- Far less expensive - systeme.io's monthly plans launch at $27.
- On both plans, there are no processing costs.
- Creator of sales funnels
- Customer service is outstanding.
4.2. Thinkific
Teachable's biggest rival is Thinkific.
Providing nearly identical features at nearly identical rates.
The biggest difference between the two is that Thinkific provides a free account.
4.2.1. What makes Thinkific preferable to Teachable:
- For plans, there are no processing costs.
- They have a package that is absolutely free (limited to three courses)
- For your lessons, it has more templates
4.3. Kajabi
Kajabi is a simple course builder with a variety of visually appealing themes.
You get an all-in-one promotion and development platform with Kajabi.
They are more expensive than Teachable, but they have more features.
4.3.1. Why is Kajabi superior to Teachable?
- Email marketing software built-in
- Improved customer service
- Templates that can be personalized
4.4. Udemy
Udemy is an outstanding forum for creating and marketing educational courses.
Because of their increasing success, they have a wide audience.
Udemy allows you to market your classes more effectively, but they charge a steep fee (50 percent of your revenue - Yikes!).
During sitewide sales, they're even known to lower the course rates.
4.4.1. Why is Udemy superior to Teachable?
- A course marketplace
- It helps to promote the course.
- Obtains a higher score in Google search results
4.5. Podia
Podia comes packed with everything you'll need to host and offer your lesson. In the blink of an eye, you can build attractive storefronts.
Teachables' rates are comparable (both launch at $39 a month).
4.5.1. Why is Podia superior to Teachable?
- There are no processing costs.
- Email marketing software built-in
- Get the possibility to customize the course you are making.
- Improved customer service
4.6. Teachery
Teachery is perfect for those who like to get their course up and running quickly.
They provide simple features at a reasonable cost.
4.6.1 Why is Teachery preferable to Teachable?
- Setup time is reduced.
- There are no processing costs.
- Improved customer service
5. Conclusion
Teachable is good at what it does (assisting you with creating and selling courses), but it isn't the best.
If you want to get the best out of your online course, go for a site that doesn't take a cut of your tuition.
And one that doesn't necessitate the use of many third-party applications.
To maximize your online course revenue, I suggest using systeme.io or Podia.
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