It can be difficult to know which online course platform to choose.
With so many options available, it’s hard to know which one is the right fit for your needs. Not only do you need to consider the pricing and features, but you also need to think about how well the platform will support your marketing efforts.
Teachable is a popular online course platform that offers a wide range of features and pricing plans. In addition, they have a great marketing team who can help you get your courses seen by the right people.
In this post, we’ll discuss all Teachable pricing plans in detail:
Teachable Pricing Plans:
Teachable has three different pricing options:
- Basic: $39 per month or $29 per month if paid annually
- Professional: $119 per month or $99 per month if paid annually
- Business: $299/month (paid monthly) or $249/month (billed annually).
Teachable used to offer a free package that got you up and running with teaching quickly. However, they recently changed their pricing structure which means the cheapest plan available now costs $39 per month. Let’s take an in-depth look at what each package offers so we can find out if it will work for your needs!
Teachable Pricing: Basic Plan
Teachable is an online course platform that has just gone public with its most affordable plan at only $39 per month. This Basic package comes complete with 5% of your sales for the first year, making it one great deal among many to choose from!
You don’t have to worry about pesky international currency conversion fees when you take payments with your credit cards! The basic plan costs just 2.9% + 30 cents for processing, which is a low price compared to most other options out there today – especially considering that these rates change depending on where people are making their purchases from (euros vs USD).
To make international sales as simple and straightforward for you, we’ve got a few extra charges. The first is our 4.4% + 30 cents charge for all PayPal transactions; there’s also a $15 back office fee if that feature needs enabled which covers things like tax filing etcetera – it’s completely optional but will save time in managing those sorts of details so they don’t get lost when trading or shipping products internationally!
The Basic plan is a great way to get started with edutech. You will have access to all of our regular courses, video bandwidth, and hosting support- plus you can take advantage of integrated payment processing tools for student management as well!
There are also the following features:
- Discount codes
- Email marketing that is integrated
- Integrations with third parties
- 2 admin-level users drip course content
Teachable’s Basic Plan costs a reasonable amount of money. As a result, it’s an excellent solution for any company on a shoestring budget.
In a nutshell, this bundle is the first step toward constructing a more professional-looking school; your free plan’s domain name will be yourschool.teachable.com. Alternatively, you can use a custom domain name with the basic plan (or any of the other paid options).
As a result, you won’t have to pay for web hosting because Teachable will host all of your course content on your behalf. With a custom domain, however, it appears to your audience that you are hosting everything.
While the bulk of the extra features included with the basic plan is fantastic, there are a couple that isn’t quite as good.
Teachable, for example, still charges a 5% processing fee for every course you sell. Needless to say, this eats into your profits significantly.
As a result, because the Pro Plan has no transaction fees and costs only $99 per month (paid annually), if you’re selling so many courses that your transaction fees exceed $99 per month, you’re basically throwing money away. You MUST upgrade to the next plan at this point.
As a result, the Basic plan is only suitable for hobbyists or those looking to start a small side business.
You must also provide a 30-day refund policy to your pupils. Now, while this does not appear to be completely ridiculous to me, it is a significant issue for other business owners. Whether or whether this has an impact on you depends on your business strategy and personal views on refund policy.
This does, however, mean that Teachable will keep your payments until the 30-day refund period has gone. Smaller businesses may have cash flow challenges as a result of this.
Teachable Pricing: Professional Plan
The professional option is $99 per month and includes no sales commissions. However, you’ll still be charged the same processing fees for UC and international purchases that we discussed in the basic plan. There’s also the $15 chargeback fee to consider, as well as the 2% Back Office fee if you choose to use this option.
You can get paid instantly or on a monthly basis, and you receive access to unlimited courses, video bandwidth, and hosting. Unlike the basic package, you can get customer assistance via live chat as well as email. The Professional package includes all of the usual capabilities of the Basic plan, including student management and payment processing, as well as custom domains and promo coupons, but it also includes some additional features, such as:
- Quizzes
- Affiliate programs
- Certificates
- Services for course compliance
- Reports
- Unbranded website access
This is the Teachable pricing plan for you if you’re serious about launching an online course. To personalize and build a branded school, you don’t need to be a skilled web developer or coder.
Teachable provides a template to assist you in getting started. You may then add your content and begin selling your product as needed.
One of the best things about the professional plan, as we’ve already mentioned, is that there are no transaction fees, so you can keep 100% of your course’s earnings.
You can also choose to receive your funds immediately (no need to wait 30 days). Simply connect your PayPal and Stripe accounts to your Teachable account, and you won’t have to worry about payments being transferred—you’ll be paid automatically!
You can be paid daily or weekly with a payment gateway, depending on your preference. You’ll also have the option of selecting different frequencies for each transaction type if needed!
The feeling of accomplishment and sense of community spirit that is generated by this Teachable payment plan can’t be overlooked. It’s fantastic for generating motivation in students who may need one last push to complete their courses successfully!
For a moment, let’s return to the sophisticated reporting tools. You can use these to track student completion rates and see how far they progress through the course. This is a great way to draw attention to the weaker areas of your classes.
Knowledge is, after all, a powerful tool. You may take the required steps to tighten things up after you know which areas of your course need to be improved.
You can also connect your school to a variety of third-party apps, which is great for automating some marketing activities and allowing you to focus on growing your business.
You may use Zapier to link your digital school to popular apps like Intercom, Olark, and Zendesk, for example.
Teachable Pricing: Business Plan
Teachable’s business plan, which costs $299 per month, is by far the most expensive choice accessible right now. This is, nevertheless, the company’s most thorough and comprehensive bundle. You won’t pay transaction costs with your course sales, as you won’t with the Professional plan, and you’ll pay the same normal processing fees for all sales.
You can pay instantly or on a monthly basis, and you’ll get access to an infinite number of courses, video bandwidth, and hosting. All of the features you’d expect, such as lecture comments, quizzes, graded quizzes, integrated payment processing, student administration, custom domains, promotional coupons, and more, are included as standard, and support is available via email and live chat.
Users of the Business subscription can leverage the integrated affiliate programs with their email marketing, and third-party integrations are also available.
This strategy is better suited to larger businesses with huge teams of employees. This is the payment plan for you if you require a lot of admins to help operate your school or if you have a lot of instructors who need to upload materials and resources.
Save Up to 50% Off at Teachable Pro Plans Today’s Top Teachable Coupons
To Get Most Insights On Teachable: Read our complete Teachable Review.
Conclusion:
If you’re just starting out and have one or two courses to sell, go with the basic or free plan. However, if you’re taking your online teaching business seriously, then you’ll need a professional plan. Keep in mind that these prices are always subject to change, so be sure to check Teachable’s website for the most up-to-date pricing information.
Have you decided on a Teachable pricing plan yet?
