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Teachable is an e-learning platform that connects coaches and trainers with students. The platform enables creators to create and sell online courses to students. To date, the platform has been used by over 100,000 creators who have sold more than $1 billion worth of online courses. If you have a skill or talent that you can teach, you can earn a passive income from Teachable as a creator.
- Low transaction fees – Teachable charges a low fee, starting from $1 + 10% for users on the free plan, with no fees for pro and business plan users.
- Instant payouts – you get paid once when someone buys your course if you use Teachable payments. You can also opt for PayPal payments every 30 days.
- Offer 3 different payment gateways – you can offer Teachable payments processed by Stripe, payments processed by PayPal, and 3rd party payments.
- Detailed transaction reports available – get details on over 15 different types of information such as earnings, sales, revenue sharing and more.
- High cost for the paid plans – to get more features, you will need to pay at least $29 per month and up to $299 per month based on your plan.
- Chargeback fees – if you experience a chargeback from a student on a debit or credit card payment, Teachable will charge you a $15 fee for it.
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What is Teachable & How Does it Work?
Teachable is a platform that allows you to easily build your online tutoring brand and sell your online courses and coaching services from your own website.
In order to make things easier for you, Teachable handles everything from web hosting to payment processing. This leaves you more room and time to build and develop your online business.
Building your online tutoring business through Teachable is simple. You can:
- Upload all types of content including videos and quizzes
- Structure your courses
- Protect course content
- Accept online payments
- Deliver content
- Engage with your students
Who Is Teachable For?
Teachable is for anyone who wants to create and sell online courses to their audiences or followers.
It’s not required but, you’ll need to either have solid marketing experience to make your courses a success. Unlike other online teaching platforms, your website won’t be discovered by people without the marketing plan and efforts.
Teachable Payout Options
Students have 4 options to pay for your online course:
- Credit/debit card
- Apple Pay
- Google Pay
Either way, if you’re based in the US, Canada, the UK or Germany, all your payments will be processed using Stripe Express. This allows you to set your own payout schedule and receive your payouts daily, weekly or monthly on your Stripe Express account.
If you’re not in the above-mentioned countries, then payments are processed using Teachable’s Stripe account. This way, you’ll receive your funds monthly via PayPal.
Is Teachable Safe & Legit?
Teachable is a legit company that provides you legit services and ensures safe and secure payments.
Can You Make Money with Teachable?
Of course! Teachable not only lets you easily put your courses together, but is also a marketplace where you can sell your courses.
How much you can earn with Teachable completely depends on you as you’re the one responsible for setting an adequate price for your courses.
If you take a look at the Teachable marketplace, you’ll find that all courses are priced differently and some categories might be more expensive than others. For example, you can find a course teaching you Python for $23 while the “Email Marketing Magic” course costs $399.
Teachable offers 3 different pricing plans for different needs you might have. Take a look at the table below to compare different Teachable plans.
|Processing fees||US – 2.9% + 30¢Int. – 3.9% + 30¢PayPal – 4.4% + 30¢||US – 2.9% + 30¢Int. – 3.9% + 30¢PayPal – 4.4% + 30¢||US – 2.9% + 30¢Int. – 3.9% + 30¢PayPal – 4.4% + 30¢|
|Integrated payment processing||YES||YES||YES|
|Drip course content||YES||YES||YES|
|Integrated email marketing||YES||YES||YES|
|Course completion certificates||X||YES||YES|
|Advanced developer customization||X||X||YES|
All Teachable plans include:
- Custom domain
- Unlimited videos and courses
- Unlimited hosting
- Integrated payment processing
- Student management
- Lecture comments
- Basic quizzes
- No fees on free courses
- VAT (value-added tax) for EU
Creating Online Courses with Teachable
Step 1 – Set Up a School
Before you start creating your course, you need to set up a school. Just like an actual school, you can offer unlimited yet separate courses to your students.
Your school’s required to have the following:
- Homepage or landing page – must include the school name and description and outline your respective courses.
- Course directory – showcases your currently offered courses and their descriptions.
Step 2 – Create a Course Within Your School
As soon as you set up your school, you’ll be prompted to create your first course. At this point, you’ll be required to fill out some basic information about your course, such as its name and description.
Step 3 – Create a Landing Page for Your Course
Once you’ve entered some basic information about your course and before you proceed to finalizing it, you’ll be required to create a landing page.
This is the page your prospects will see and impact them whether to enroll in your online course or not. That’s why it’s important to optimize your landing page for search engines and make the best first impression on your leads.
Step 4 – Create Modules for Your Course
Courses are organized as sections filled with lectures. So the next step to creating your course is to set up the modules. You can name your sections as you set them up – e.g. Introduction, First Module, etc.
Step 5 – Upload Lesson Materials for Each Module
After you’ve created your course outline and modules, it’s time to upload lesson materials to each module.
Lectures can consist of:
- Multimedia files (video, audio, PDF, etc.)
- Text that you type directly into Teachable
- Quizzes you create within Teachable
Step 6 – Publish Your Course
You’ve already created your school, set up your landing page, created modules and uploaded study materials for each section. What else is left? It’s time to publish your course.
Once you publish your course, you’ll be given a link that you can share and include in your advertisements.
There are a few features Teachable offers you to help you maximize your school’s success.
You can create multiple choice quizzes to include in your online course which can be graded or not.
Quiz feature is flexible and allows you to indicate as many answer options as you’d like and questions can have one or multiple correct answers as well.
If you want to award your students with course completion certificates, Teachable has good capabilities for creating them easily.
To create a certificate, you can choose your design from any of the 3 templates Teachable provides or you can create a completely custom template using HTML or the Liquid coding language.
If you choose a template, Teachable will automatically insert your school name, name of your course and student’s name. You’ll be able to insert your logo, change the pre-set text and colors and add your signature.
Marketing & Selling Teachable Courses
Teachable integrates some marketing and sales features into their platform so you can set up your school for success.
Marketing tools Teachable offers:
- Sales page – you can customize your course’s sales page so it converts more people.
- Pricing – you can set multiple prices for your course or offer different pricing plans including free, subscription, one-time purchase or recurring payments.
- Bundling – allows you to bundle multiple courses and sell them together.
- Coupons – allows you to create discount codes that you can offer to select students.
Teachable lets you integrate your favorite web applications and softwares on your school website using Zapier.
For example, you can connect Google docs or the email marketing software you’re currently using.
Managing & Communicating with Students
As soon as the student signs up for your course, you’ll get their full name and email address to communicate with them.
Apart from emailing, students can also leave comments on your lectures. You can use this section to clarify students’ comments.
Tracking & Reporting
Teachable tracks and reports student enrollments, progresses and quiz scores.
Additionally, Teachable also provides video heatmaps, that show which parts of your video have been watched (green), rewatched (yellow), rewatched multiple times (orange) or skipped (white).
Note that tracking and reporting isn’t available on the basic plan.
Teachable Pros & Cons
- One-stop-shop platform helping you create, market and sell your online courses.
- Website customization opportunity – you have your custom domain and can choose your website template that matches your course look and feel.
- You can offer different payment options.
- High fees – 5% transaction fee for basic account and a payment processing fee of 2.9% +30¢ to 4.4% +30¢, depending on the payment method.
- You’re required to offer a 30-day money-back guarantee.
- The company handles VAT taxes, but they don’t calculate U.S. state sales tax.
Teachable vs Udemy
Udemy is the most popular alternative to Teachable. However, you control how your course is sold and you own your website. Udemy on the other hand has your course listed on their website and often bundles and sells it along with other courses at a discounted price. Compared to Udemy, Teachable offers more advanced tools to create your course and you’re free to change the look and feel of your course website.
Teachable vs LearnDash
Learndash and Teachable have very different software philosophies and are meant for different uses. We’ve seen that Teachable is a one-stop-shop when it comes to building and selling your online courses. On the other hand, LearnDash is a learning management plug-in for WordPress, that allows you to build courses on your WordPress website.
Teachable vs Thinkific
Thinkific is a great alternative to Teachable. And while the two platforms offer very similar features, Teachable provides better marketing features while Thinkific offers better and more flexible site design.
Is it Worth Creating Your Online Course on Teachable?
While creating your school on Teachable looks easy, your success mainly depends on how you market it and your sales volume.
Unless you have a solid digital marketing knowledge or have an established and engaged followers’ base, selling your online courses through Teachable might be an extremely challenging experience.