Knowledge is the most powerful weapon in this world. Anyone can control their life if they have wisdom. Online learning platforms are highly beneficial for people to develop their knowledge in various fields. We can also earn money on these platforms by sharing our knowledge. In this article, we will see about the most popular MOOC provider Teachable and its alternatives. Our Coursenator did research and tells you everything about Teachable in this honest review section.
What is Teachable?
Teachable is an online coaching creation software that allows users to create and sell online courses with videos, quizzes, and lectures. It sells multiple digital goods like e-books, PDFs, workbooks, etc., for students. Over 18 million students use teachable across the world. Ankur Nagpal, a graduate of U.C Berkeley, founded Teachable in 2013. It was called Fedora, and later it became Teachable in 2015. Hotmart, a Brazil-based company, acquired Teachable for about $250 million in 2020. Over 100,000 creators use this platform to share their knowledge with the audience. It is the best platform for both learners and creators.
" In the future, entrepreneurs will sell knowledge over products."
- Ankur Nagpal ( Founder / CEO of Teachable)
What makes Teachable a unique platform?
Teachable is considered a good marketplace for selling the courses. It is the only platform with a built-in payment processing option so that you don't need any 3rd party payment processors like PayPal and Stripe. One of the most advantages of Teachable is it manages everything like web hosting, designing, sales page setup, etc. It takes care of EU VAT, so we don't have to worry about tax problems. It is an excellent platform for beginners as it provides an easy course setup process. Creators do not need any coding knowledge for creating the courses, and this web-based learning management system provides quality content in both video and written format. It is helpful for many creators, small business owners, and entrepreneurs to earn money.
Price overview
Teachable offers various payment plans like a free plan, basic payment plan, professional plan, and business plan. All Teachable plans will provide good value for your money. Let me explain the plan details.
Basic plan
Compared to other MOOCs, Teachable's Basic plan is one of the affordable options. You have to pay $39/month, plus a 5% transaction fee for the basic plan. It offers a 20% discount on an annual plan so that you can save your money. Teachable charges processing fees of 2.9% +30 cents for US transactions with the basic plan. It costs more for international transactions. BackOffice service is the optional payment of Teachable, and it will automatically payout your authors and affiliates every month. If you choose it, you should pay an extra 2% fee for all transactions.
Free plan
It is one of the most excellent plans of Teachable pricing lists. This free trial is offered for the customers to learn the uses of the platform so that you can check whether it is suitable for you and your learners. Teachable does not charge any transaction fees for this free trial, and also you can use the BackOffice program. But you should pay a $1 fee + 10% of the course fee with your purchased paid course. You can get a chance to access customer support to solve your queries. Though it's a great offer, you cannot continue with this plan once you get ten students. You have to upgrade to some other plans to get an unlimited number of students.
Professional plan
It is one of the best options for people who need an affiliate marketing program. You will get all features of the basic plan with zero transaction fee. One of the exciting offers of this pro plan is you will get a course completion certificate. To get a few more features like Backoffice service, payment processing fees, live chat support, and email support, you can choose the pro plan.
Business plan
This plan will give you access to create advanced custom designs using Teachable power editor. You will also get 20 admin-level users, and group coaching calls with all the features of the above plans. This plan is afforded for a reasonable price compared to other MOOC providers.
For a better understanding, Coursenator gives you a tabulated view of the pricing plans:
Teachable also includes the following features in all the plans:
Unlimited video
Unlimited products
Unlimited hosting
Integrated payment processing
Student management
Lecture comments
Basic quizzes
No fees on free products
VAT (value-added tax) for EU
Course categories:
Teachable is an excellent platform for anyone who likes to build and market their online courses. It has several course categories compared to other MOOCs. Each category contains many courses. The most popular categories are,
Arts
Business
Careers
Marketing
Music
Food & drink
Photo & Video
Home & Garden
Design
Productivity
Travel & Languages
Writing
Lifestyle & Hobbies
Course creation
Tech & Programming
Health & Fitness
Steps to build your course:
Teachable provides an easy course setup process. Let see how to create a course.
Step 1: Set up a school
First, go to the Teachable sign-in page. Enter your email address and create your password. The next step is, you should create a new school. Name your teachable school, and you have the option to change it later. Then you will get prompted to the dashboard once you create the school name.
Step 2: Create your course
You will see three options: Courses, Coaching, and Bundles under the “Products” tab in the dashboard. Click the Course button to start creating your course. Then it will be prompted to the course information page. Add your course title and subtitle. Then click the "Create Course" button, which will direct you to the curriculum page. The Bundles option is for grouping your courses and coaching products. The Coaching option is for scheduling video calls to collaborate with learners.
Step 3: Create sections and lectures
The curriculum page will let you duplicate your course, add course content, create lectures, and more. To build another section, click the "New section" button. You can also add multiple lectures in a single section.
Step 4: Create Course Pages
To create a high-converting sales page, Teachable offers you three product pages: A sales page, Thank You Page, and a Checkout Page.
Step 5: Design templates
Teachable provides three design templates: Classic, Colossal, or Simple. Pick any templates according to your choice.
Step 6: Add pricing
Teachable offers four pricing plans for their customers. They are the Free plan, One-time purchase Plan, Payment Plan, and Subscription.
Step 7: Publish your course.
You can change your details before publishing, and Teachable gives the option to preview your sales page. After completing all the steps, hit the publish button.
Pros and Cons of Teachable:
Pros
Offers certificates, quizzes, course compliance, content dripping, and more
Handles EU VAT Tax
Has an iOS app
Affordable
New chapters and features are updated regularly
Easy to use and setup
Cons
Does not support advanced quiz or assignment features
Charges transaction fees on the basic plan
No multi-tenancy
Drip emails are difficult to setup
Less opportunity for customization
No course marketplace
Teachable Alternatives:
There are numerous online course building platforms available for creators. If you think Teachable is not suitable for you, choose other alternatives like Thinkific, Kajabi, Podia, and Udemy.
Teachable vs Udemy
Udemy is an online teaching and learning platform that allows you to build and promote online courses. It provides free and paid courses for learners in photography, programming, personal development, web development, etc. It is simple and easy to use. It is the only platform that promotes our courses, whereas Teachable does not market our courses to the audience. We can see the average rating and the revenue made by our courses in Udemy. Though Udemy has various advantages, it does not let you control the course price, policies, student communication, etc.
Teachable vs Thinkific
Thinkific is one of the best platforms to create, sell, and market various online courses. In Thinkific, you can learn everything from playing the guitar to digital marketing. The top categories of this platform are Arts & Entertainment, Fashion & Beauty, Career Development, Health & Fitness, and Software & Technology. Its free plan allows you to have unlimited students, and you can build up to 3 courses. You don't need any coding skills for customization. Thinkific offers excellent site design compared to other platforms. It does not have any transaction fee like Teachable so that you can save your money. The only disadvantage is it does not provide any live chat feature and integrated email marketing. You cannot expect EU VAT support as in Teachable.
Teachable vs Kajabi
Kajabi is a powerful platform used for creating online courses, websites, quizzes, and membership sites. You can also build beautiful landing pages, host videos, sales funnels, and more. The Landing pages are created using a drag and drop page builder, so you don't need coding knowledge. This Learning Management System provides you with tools for marketing your course. You can create events like webinars and email automation to build a connection with your learners. Kajabi's plans are relatively high compared to Teachable. It does not offer a course completion certificate and 30 days free trial like Teachable. It gives you an easy payment method and does not charge any transaction fees. The main drawback of Kajabi is it has only a 14-day free trial plan.
Teachable vs Podia
Podia is an all-in-one platform like Kajabi. This platform is helpful for anyone who wants to create, host, and sell online courses. It will provide multi-media options for all your lectures. It is straightforward and offers better customer support. Podia allows you to sell digital products like online courses, downloads, webinars, and bundles. Teachable has transaction fees, while Podia does not have any transaction fees. Its 14-day free trial plan for all plans is helpful for customers.
Conclusion
In this review, we have seen all the benefits and disadvantages of Teachable. Coursenator also provides some alternatives for your reference. In our opinion, we can't find any platforms without drawbacks. So, Teachable is the best choice compared to others. It has various benefits like EU VAT support, an easy course creation process, free trial, course completion certificate, and unlimited features. One of the best advantages of Teachable is its affiliate program. It offers 30% recurring commissions for referring creators. So, Coursenator recommends this fantastic platform for both learners and creators.
Coursenator shares some FAQs related to Teachable for solving your queries. Scroll down and have a look!
Teachable FAQs:
Is Teachable Legit?
Yes, Teachable is legit. Over 18 million students use teachable across the world. Ankur Nagpal, a graduate of U.C Berkeley, founded Teachable in 2013. It was called Fedora, and later it became Teachable in 2015. Hotmart, a Brazil-based company, acquired Teachable for about $250 million in 2020.
Is Teachable mobile-friendly?
Yes, you can access your courses from any mobile phone, tablet, and computer. It has an app, but it is available only on iOS. Currently, there is no app for android users.
What percentage does teachable take?
Teachable charges a 5% transaction fee for all your courses, so you should remember this while choosing the online platforms and pricing your courses.
Does Teachable have a free plan?
Teachable does not provide any free plans. It offers a free trial which is called a free plan.
Is Teachable an LMS?
Yes, Teachable is a Learning Management System (LMS). LMS software is used for providing quality video and text education content.
Is Thinkific better than Teachable?
There are several online course creation tools like Udemy, Kajabi, Podia, and more. Thinkific and Teachable are considered excellent platforms. Every platform has both merits and demerits, so it depends on your decision. You can choose according to your needs.
Can you make money with Teachable?
You can make money with Teachable if you know how to build and market your course. This platform is used by 100,000 creators from all over the world. You can also earn money through the affiliate program.
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