Millions of people get on the internet every day to look up information or learn something new. Teachers go to the internet to look for new lesson plans and curriculum for their students too. If you have the skills to create online courses, you can tap into a very large segment of the education market.
Teachable is a program that shows you how to create and sell online courses. This Teachable review covers all of the details you need to evaluate the different elements of the course. This Teachable review also provides insight into the online course selling business so that you can determine if it is right for you.
Intro to Creating and Selling Online Courses
As we start our Teachable review, we want to provide some information about creating and selling online courses. Whether you want to learn how to knit or you need to brush up on biochemistry before graduate school, you can find an online course that provides the knowledge that you seek.
People from all backgrounds can create online courses to share their knowledge with the world. The key is knowing how to structure your course, and how to get it on the market. This is where courses like Teachable come in.
It is estimated that 80 percent of employers have taken advantage of online courses to further educate and train their staff. Companies get approximately $30 in increased productivity for every dollar they spend on e-learning for their staff.
Providing courses that can be used by major corporations lets you take advantage of this market. The need for quality online courses will continue to rise because they tend to be less expensive and require less of a time commitment compared to in-house employee training sessions or attending a brick and mortar school.
What is Teachable?
This part of our Teachable review will provide the basic information about the platform. It lets you see what it is capable of.
Teachable is a course builder platform that is cloud-based. It allows you to create multimedia courses for students to take. You do not need any knowledge of coding or course creation to develop a finished product.
This platform provides the knowledge and tools necessary to create comprehensive online courses. Once your course is finished, you can manage and sell your online lessons directly through the platform.
This can save you time and money since everything will be done from a central location. All you have to do is choose the plan that best meets your needs. You have the option of moving to a different plan later if you need more.
Who’s Behind Teachable?
In our next section of our Teachable review we will explore who created this platform. This lets you explore the foundations of Teachable.
In 2014, Ankur Nagpal founded Teachable. The young entrepreneur graduated from UC Berkeley with a focus on democratizing education. He says that since Teachable started, more than 25,000 instructors have made more than $200 million via Teachable.
He has bachelor’s degrees in electrical engineering, economics and computer science. He has worked with other online companies, such as Live Current Media and Amazon before starting his own businesses.
Before he created Teachable, he was the founder and CEO of Unit 501. This was a consumer internet company. Now, his focus appears to be on making Teachable the best online course platform.
Now we will take a closer look inside Teachable in this section of our Teachable review. We will see what the platform has to offer. This is where you can really dig in and determine if it is the best platform for you.
Whether you choose to pay annually or monthly, the services you get are the same at each of the three plan levels.
The following comes with the basic plan:
- All of the base features
- Instant payouts
- Product support
- Custom domain support
- Drip course content
- Integrated email marketing
- Five percent transaction fees
- Two admin-level users
- Course creator training
- Coupon codes
- Integrated affiliate marketing
- Third-party integrations
The professional plan comes with the following:
- No transaction fees
- All basic plan features
- Five admin-level users
- Graded quizzes
- Advanced reports
- Course completion certificates
- Instant payouts
- Priority product support
- Advanced theme customization
- Unbranded website
- Course compliance
The business plan comes with the following:
- All professional plan features
- Instant payouts
- Priority product support
- Bulk student enrollments
- No transaction fees
- 100 admin-level users
- Manual student imports
- Custom user roles
With all of the plans, there are other features that you can take advantage of, including:
- Unlimited video
- Unlimited students
- Integrated payment processing
- Lecture comments
- Free courses have no attached fees
- Unlimited courses
- Unlimited hosting
- Student management
- Basic quizzes
Another element of Teachable is learning how to create online courses. There are resources and courses on the website that focus on this.
Choose Your Topic
This course has eight lessons in it that will help you to pick the courses that have the best chance at turning a profit. The lessons in this course include:
- Section One: This is an overview of the course and it introduces you to the course workbook and other resources.
- Section Two: This section shows you how to brainstorm for course ideas. It also helps you to pick the best one.
- Section Three: This section provides you with different techniques that allow you to validate the course topic that you choose.
- Section Four: This section focuses on finding your target audience. It looks at both psychographics and demographics.
- Section Five: This section shows you the “four deep” technique that will help you to refine the course topic that you chose. It helps you to better focus this topic so that it provides value to your students.
- Section Six: This section will show you how to plan your curriculum for the best student milestones.
- Section Seven: Here is the section that shows you how to name your course and your school on the platform.
- Section Eight: This section wraps up all of the information from this course and gets you ready for the next one.
Create Your Course
This course has 11 sections. They are as follows:
- Section One: This is the welcome section that introduces you to the topics and materials used in this course.
- Section Two: This section teaches you how to map out the content you put into your course.
- Section Three: Here you will get information about choosing the best name for your course.
- Section Four: Learn about how to use photo and text content to deliver your lessons.
- Section Five: Get information about how to create PDFs and other downloadable resources for your students.
- Section Six: Here you will learn about slide decks and how to create them.
- Section Seven: This section focuses on recording screencast videos for lecture content.
- Section Eight: This section helps you to learn more about creating video content and using the right gear.
- Section Nine: This section shows you more content types, such as comments, quizzes and communities.
- Section 10: This section shows you how to complete your course and upload it onto the platform.
- Section 11: This wraps up this course and prepares you for the next one.
Build Your Audience
Your course is ready and you need students. This is what this course focuses on. It includes five sections:
- Section One: This section welcomes you and provides the course tools you need for each section.
- Section Two: You will learn how to create a mini-course in this section.
- Section Three: This section helps you to collect email addresses from aspiring and current students.
- Section Four: Use the information in this section to build an audience by leveraging your mini-course.
- Section Five: This section focuses on dealing with your new subscribers.
Can Teachable Help Me to Make Money Selling Online Courses?
In this section of our Teachable review, we look at some facts and figures regarding potential earnings on this platform. This can give you a glimpse into what you can work toward earning.
By 2021, the online learning industry is expected to exceed $240 billion. Since you do not have to be an expert to get involved in this industry, it is possible to earn money by sharing your knowledge with other people.
Exactly how much you can make depends on multiple factors, such as the topic you are teaching, how detailed your course is and your overall reputation as an online instructor. For example, an experienced and credentialed epidemiologist teaching an epidemiology course will likely earn more than a novice knitter teaching a knitting class.
It is about determining your talents and considering how much you would pay for them. From here, you create the class and let the passive income come in.
The exact figures people can expect to earn are highly individualized. However, with the right courses, the potential for significant income is there. There are two examples of people earning more than $1 million in a year from the online courses that they created.
Eliot Arntz and John Azzi created an iOS app development course using the Swift programming language. In 2014, this course earned them over $1 million.
Rob Percival in Cambridge, England is a former math teacher on the high school level. He created four courses that cover different programming topics. In nine months, he earned more than $1 million.
How Much Does Teachable Cost?
In this section of our Teachable review we will look at the cost to use the platform. This is important because it lets you determine if you can work Teachable into your budget.
You can choose from a few different plans to use the platform. There is a monthly option and an annual option, depending on how you want to pay.
The following describes the monthly plans:
- The basic plan is $39 per month and billed monthly plus 5% transaction fees
- The professional plan is $99 per month and billed monthly
- The business plan is $499 per month and billed monthly
The following describes the annual plans:
- The basic plan is $29 per month and billed annually for a total yearly cost of $348 (plus 5% transaction fees)
- The professional plan is $79 per month and billed annually for a total yearly cost of $948
- The business plan is $399 per month and billed annually for a total yearly cost of $4,788
All of the plans support as many students and courses as you want. There are no per-user pricing options so that you always know what you need to pay to remain active on the platform.
What We Like About Teachable
The things we love about Teachable:
- Payment system built right in so know need to learn how to integrate a payment processor
- It’s so easy to create and sell online courses and you don’t need to know any coding
- You can literally sign up and start creating your course
- Platform has everything you will ever need to maintain and grow your course
- Build beautiful course sales pages with ease using their drag and drop builder
- Easily add pdf files, image files, and audio files
- Built in discussions and quizzes
- Certificates for course completion
- Get feedback from students
- and many other features that can help you grow your student base
What We Don’t Like About Teachable
Yes, Teachable is a powerful platform that allows you to create and sell online courses. It gives you everything you need in one location.
There are two things we don’t like about Teachable:
- You must pay a monthly or yearly fee to continue to use the platform
- The course you create is stored on their platform which means it is difficult to move to another teaching platform
That being said, we love Teachable especially for people who don’t want to take the time to learn confusing course plugins, integration with payment gateways etc… We just want you to know that creating courses with Teachable will require a monthly fee but for what you get, it’s an amazing platform.
Teachable Review Final Conclusion
Now that you have read this Teachable review, you can determine if it is the best platform for you. We recommend it as the best way to easily start creating and selling online courses.
This platform is an all-in-one option for anyone aspiring to sell online courses online. You do not need any teaching or course creation experience to take advantage of Teachable. It walks you through the creation process, helps you manage your courses and gives you a platform to sell them.