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Have you ever heard of Teachable.com before, the web­site where you cre­ate and sell your very own online courses? Say, for instance, you are a blog­ger or a non-fic­tion writer – then you will find that cre­at­ing your online course is an excel­lent way of build­ing and increas­ing an income for yourself.

Let’s look more closely at what Teachable.com is all about

So what is Teachable.com? Well, it’s a learn­ing man­age­ment sys­tem provider for online edu­ca­tors, cre­ators, or bloggers. It’s for those who want to cre­ate their cours­es and sell them. It’s an inter­est­ing, excit­ing web­site where you take your skill, what­ev­er it is, or if you have some amaz­ing knowl­edge that is wor­thy of craft­ing a course for peo­ple, and then you teach them about it. And by doing this, you make your­self some prof­itable mon­ey.

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Making money with Teachable.com

If you do want to join, let’s take a look at what is on offer. Look at their land­ing page first. The web­site says Teach­able is a place to ‘cre­ate and sell beau­ti­ful online courses. They tell you that your type skills are unique and valu­able for oth­er learn­ers to ben­e­fit from, enabling you to build a great course web­site. You share your knowl­edge and get reward­ed for it. To make use of this site, the first thing is, you need to have some kind of mar­ketable skill or knowl­edge. If you don’t have a spe­cial skill, you might need to edu­cate your­self before you are able or ready to make mon­ey on the site. Most peo­ple do have some type of skill. Nat­u­ral­ly, peo­ple who are excel­lent mar­keters, those with a grow­ing social media pres­ence to start with, would more like­ly have the upper hand as far as sell­ing cours­es is concerned. It’s this if you have the knowl­edge and the means to cre­ate and mar­ket an online course of some kind, this web­site can ben­e­fit you, giv­ing you a plat­form to work from.

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Check these facts out about Teachable.com.

• Can you believe that there are over 7 mil­lion stu­dents who learn on this site at any giv­en time?
• There are also over 34,000 active cours­es on the site, which have been designed by over 22,000 active instructors.
• Over $100 mil­lion had already been earned on the site by instruc­tors on Teachable.com. That’s a whole lot of money!

Do you want a piece of this pie?

• Well, to get start­ed, it’s not that hard. All you need to do is to cre­ate your page and start design­ing the cours­es you have the skills in. There is an infor­ma­tive video on-site to help any new users to under­stand how Teachable.com works, which you can access from the land­ing page. But for your land­ing page, you can just design it like a lot of the oth­er land­ing type pages. You won’t get a whole heap of ver­sa­til­i­ty if you were using things like Ele­men­tor or Thrive, but still, you can use Teach­able Builder to cus­tomize your land­ing page, using some basic lay­outs and colours.

• Users to your page will pay you for your cours­es. The cours­es will con­sist of some lessons that all go togeth­er to make a full course. The users would gain access to all the course mate­ri­als to be able to learn at their own pace. You will notice that to build your page, you will do a lot of ‘click­ing’ and ‘drag­ging,’ some­thing like using Wix.com or WordPress.

We know you are dying to know how much you can earn on Teachable.com!

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To get start­ed on Teachable.com is free. But you will soon find out that there is not much to be done on the site before you buy your sub­scrip­tion. Look at the Teach­able price plans to see which suits you:

Teachable Basic

For $39 per month, you will get the basic pack­age. The com­pa­ny will charge you 5% trans­ac­tion fees. They also give you ben­e­fits, though, such as month­ly pay-outs, unlim­it­ed cours­es, unlim­it­ed video, unlim­it­ed stu­dents, basic quizzes, unlim­it­ed host­ing, no fees on free cours­es, etc. All this is sup­plied on the larg­er plans as well, and more, so 5% isn’t bad for a $39/month fee. The basic course is suit­able for those who are cre­at­ing an online course for the first time, and this price makes it afford­able for them.

Teachable Professional

The Teach­able Pro­fes­sion­al pack­age will cost you $99 per month. You get all the ben­e­fits of the Basic pack­age plus a cou­ple of oth­er things such as:

• Instant pay­outs
• No trans­ac­tion fees
• Advanced reports
• A school or unbrand­ed web­site that you will be able to cus­tomize with your branding
• Live chat

Peo­ple choose this plan usu­al­ly if they have cre­at­ed and sold their first online course and are earn­ing more than what the month­ly fee is.

Teachable Business Plan

That is the most expen­sive pack­age. It costs $499 per month, and it includes all the above ben­e­fits of the first 2 pack­ages plus oth­er things such as:

• 100 authors/owners
• Bulk stu­dent enrolments
• Cus­tom user roles
• Man­u­al stu­dent imports

Peo­ple choose this plan when they and sev­er­al oth­er edu­ca­tors cre­ate and sell a lot of online courses.

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What other teachers/developers are charging for their courses

If you enquire, you will find some awe­some stuff. Look at the one guy who was offer­ing a course on how to become a VR devel­op­er. He was charg­ing $297. What about this one? – A course on water­colour art for $67. And this one — A cake-mak­ing course with prices rang­ing from $25 to $147. That’s good money! Nat­u­ral­ly, with all the dif­fer­ent vari­eties of cours­es, there are going to be dif­fer­ent amounts for dif­fer­ent cours­es – all depend­ing on what they are, and the mate­ri­als that are avail­able for the prices. Some­times teach­ers are seen to offer free cours­es or two to give their users a bit of a taste of what is on offer. That’s not a bad idea if you are look­ing to get more atten­tion and show your users what you have to teach them. What you could also do is, for instance, offer your course, at say $97, and then set a time­line where the price will go up to $197. That price increase will be quite the incen­tive for users to join ear­li­er than later! So actu­al­ly, yes, you can earn quite a bit on the Teachable.com site – maybe six fig­ures a year. The chal­lenge is actu­al­ly to get web traf­fic to y our web school. To make income even bet­ter, you could also find affil­i­ates for your cours­es too. If you find peo­ple who want to make mon­ey by pro­mot­ing your ‘busi­ness,’ this is a pos­si­ble way to make mon­ey on Teachable.com.

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The cons of selling your online courses on Teachable.com  

 

• Unfor­tu­nate­ly, Teach­able is not some­thing like a side hus­tle that you can work on in your spare time. Because it charges you a month­ly fee to use the site, you need to hit hard to make it work, and as we said above, you need to dri­ve traf­fic to your online courses.

 

• You also need to offer mar­ketable knowl­edge to your stu­dents on your site that caus­es them to want to pay you for what you can teach them.

 

• You need to spend time build­ing your course, and design­ing your page, cre­at­ing incen­tives for the peo­ple who want to sign up. You might even have to devel­op free cours­es so that peo­ple become interested.

 

• If you are the right per­son for this, it can be a gold mine. But if you are more pas­sive about it, and your course sits qui­et­ly on Teachable.com, you prob­a­bly will find it a recipe for non-suc­cess – a whole lot of pay­ing out month­ly fees with­out mak­ing any revenue.

 

• If you don’t have a huge social media fol­low­ing or you don’t have a bit of an audi­ence who is pay­ing for your cours­es, then you need to be ready to work for your suc­cess on Teachable.com. You are going to have to grind hard for it to get it to work for you.

Selling your course

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Now you’ve got a great course, and you want to sell it. On Teachable.com, you will find a few sales page tem­plates to use and customize. Stu­dents will buy a course direct­ly from your sales page.  There will be a dash­board which shows you how many stu­dents’ sign up for your course over the month and how much you earned in the giv­en period.

You get support from Teachable too!

You get good sup­port from Teach­able as well, with a help­ful response.  They offer a Knowl­edge Base, which is very help­ful. If you want to ask them some­thing, you cre­ate a tick­et, and they will get back to you with­in 24 hours, and there is also live chat.

It’s about making your ideas happen

Gen­er­al­ly speak­ing, Teach­able is a sol­id, straight­for­ward plat­form. Learn­ers of your cours­es will have no trou­ble nav­i­gat­ing to them and access­ing them. Teach­able’s strength is found a lot in its video-dri­ven content. It is prob­a­bly one of the biggest play­ers in its field. That is impor­tant to who­ev­er wants to learn because there is a whole heap of com­pa­nies that have jumped on the band­wag­on. They are try­ing to sell online course platforms. Many of them won’t be around in a cou­ple of years. But watch Teach­able – it’s going to be around for a long time. Teachable.com — sim­ply put, builds an engaged com­mu­ni­ty of stu­dents and enhances the learn­ing expe­ri­enc­ing for each one of them. Get start­ed today, and start earn­ing!