Nowadays, just about anyone can make money out of anything, with little to no initial investment. The world wide web has given us access to a nearly endless amount of information, and in a similar way, you can give the World Wide Web a little bit of your skills and knowledge. True to its motto,”Everything is Teachable,” you can turn your ideas and experiences into profit by organizing them into pro online courses, available to millions of students around the globe. Teachable guides its users into creating beautiful sites with just a few clicks, requiring nothing more than basic tech know-how.
Teachable is not the first of its kind. In actuality, it was designed as a progressive alternative to some of its forerunners. In effect, its features were designed to address some of the issues people had with earlier Learning Management Systems (LMS).
Price How to Price My Teachable
For those who want to try their hand at selling online classes, but aren’t ready to commit to a paid program, Teachable has a free option with no strings attached. With absolutely zero overhead, this includes unlimited hosting of your courses, videos, and students. The only time you need to pay is when your site goes live, and you’ve got your first buyers, after which you’ll be asked to upgrade to a paid plan and be charged per transaction. That’s not a bad deal considering you put up everything completely free. Once you get the hang of things, or when you’ve built a steady following, it could be time to consider their higher-tier plans (although the free one is available so long as you’re still under construction or just tinkering around).
From $29-$249 a month (billed annually), you get a number of the more advanced features that give you more control over your content, and tools that can maximize your sales and advertising. With the two top tiers, the prices are a flat rate, and the transaction fees are waived.
Ease of Use
From creating an account, to building your website, and even up to admin matters and payouts, Teachable has some of the best reviews on ease of use. Its course builder is flexible but impressive, with drag and drop capabilities for those who prefer click navigation and have close to no technical skills. It also has multi-selection options for making mass changes on uploaded courses, whether you want to edit preferences or delete a number of lessons at once, saving time and energy. Cloud services are also permitted on Teachable, so importing files like texts, audios, and videos can be connected directly from Dropbox, Google Drive, and the like. All of your content, from instructional to testing, may be arranged however way you want them, which is something that isn’t available in other systems.
Identity and Branding How to Price My Teachable
Among the most praised qualities of Teachable is the value it puts on the creator’s uniqueness and branding. Its builder is almost entirely customizable. You may start by selecting from default themes, and then further tweaking details like colors and fonts for your website’s look. They have a enormous variety of stunning designs and typographies, which is a plus for the ones that are more particular about aesthetics. It’s no surprise that many creatives choose Teachable over a few of the more cookie-cutter choices in the industry. More sophisticated users are given the option to dabble in code as well.
Teachable does not take away the control from its users, but allows them to keep an eye and follow their client’s progress personally. Only instructors will have their client’s data, and not Teachable. Some other online marketplaces overdo their involvement, and manipulate the platforms in such a way that the users don’t have any direct contact with their students. On Teachable, the instructor is given liberties to follow-up on previous students, and customize messages to add promos or bundles if they have not bought a course in a while. How to Price My Teachable
As regards customer care, Teachable has a great deal of tools to make sure that their classes are taken in the specific sequence that they intended, and that their clients get the most from what they paid for. They could provide graded quizzes (with or without limitations on number of attempts), lock and drip their content to prevent customers binging on modules, place checkpoints (such as their video watch compliance feature that needs a certain amount of video duration completed before moving to the next step), and then grant certificates to their graduates. Certificates do not only give students a feeling of accomplishment, they’re also another way to add value to customers.
Sales, Marketing, and Money Matters
It starts with an impressive course, but money is made in its sales. Teachable gives its users the ability to attract and keep clients: like enabling landing pages to link to Facebook ads, setting strategic upselling buttons, and displaying customer testimonials, product benefits and badges. They include the capacity to set up discussion forums that build a sense of community for your followers, and encourage integration with other systems such as MailChimp, Ontraport, Infusionsoft, Mixpanel, and other tools through the Zapier app. They have settings for putting up promotions, coupons, and email marketing, and users can experiment with innovative pricing alternatives, bundled courses, and subscriptions. Multi-language support also caters to customers from other countries. In other words, you’re set up for success, and if you’re not earning, maybe you’re not maximizing enough.
Accepts Multiple Currencies How to Price My Teachable
Even for users outside of the US and Canada, Teachable’s Gateway allows Stripe, PayPal, Apple Pay, and Google Pay to process payments. They also provide a suite of services called BackOffice, which collects tax forms from partners and affiliates, and then makes the payouts for its users. It even auto-computes the EU VAT on top of the class cost for customers from that area, and remits the taxes to the appropriate authorities. Though they charge a 2% fee for the use of BackOffice, it takes away all of the hassle from doing the admin work manually.
Teachable is one of the few LMS that has a dedicated application on iOS, allowing users to keep tabs on their content on the go. All the sites they build are also intuitive in the sense that they can detect the student’s devices, whether computer, smartphone, or tablet, so that all content snap into position and can be viewed in their proper dimensions.
Frequently Asked Questions
What is an LMS?
LMS stands for Learning Management System, which has also been known as an Online Course Platform or OCP. These types of companies enable individuals to consolidate their ideas into neat sets of lessons, and offer them to interested individuals for a price. Teachable is a kind of LMS that specializes in creating courses in their platform, and providing tools for managing its own sales and marketing.
Who benefits from Teachable?
Anyone with anything to impart to the world can benefit, and profit, from Teachable. Concerning niche markets, some platforms gravitate toward particular topics like self-improvement or website development, but Teachable has helped lecturers on an assortment of topics, from gardening to calligraphy. Essentially, if you have any sort of skill that you can share with confidence, Teachable can help you bring it to a larger audience.
What attracts newcomers to Teachable is their free lifetime plan, allowing even the inexperienced to dabble in website and course creation. Advanced course creators make the switch to it because of its outstanding marketing tools that provide them the freedom to construct their online brand identity and gain a following. It is particularly popular with bloggers and artists of various media.
Are there hidden fees with Teachable? How to Price My Teachable
Their pricing plans are straightforward and detailed on their site. Some of the things that new users may overlook are the following:
- Both lower tiers have transaction fees, with the free plan having a higher percentage. Their top two tiers waive the transaction fees.
- Plans that use the Monthly Payment Gateway or Teachable Gateway are charged processing fees which may differ for users outside the United States and Canada.
What kinds of file formats are accepted in Teachable’s system?
The platform supports nearly all the most common formats, such as text, audio, picture, video, and PDF. They can be uploaded from the computer, or imported from cloud services like Google Drive and Dropbox.
Does Teachable have customer support?
Yes, but bear in mind that the higher-priced plans get more priority service, which is only natural in the biz. Direct contact with a representative is via a live chat window on their site, but while waiting for your turn in the ticketing queue, you’re encouraged to have a look through some of the troubleshooting articles first. There is not any phone-in support, but their blog has a wealth of tips and tricks, weekly live workshops, and an online academy with video tutorials — instructing users to teach their customers!
Conclusion How to Price My Teachable
We hope this review has helped define and present some terms associated with learning management systems. We decided to review Teachable as one of the greatest choices in the industry of online course platforms, and a closer look at its attributes clearly shows why. This company champions the uniqueness of the creator, and makes it simple for virtually anybody to share ideas online, and get paid for it.