Online course creation has become a lucrative option for both educators and entrepreneurs. So, selecting the appropriate platform is vital for a successful outcome. One widely used option is Teachable, a multi-purpose site that provides an easy-to-use, reliable set of features. However, understanding what expenses are involved is necessary for making informed choices.
In this article, we will discuss Teachable’s costs and pricing plans to help organizations and educational institutions assess which option best fits their requirements.
Understanding the Pricing Structure
After you sign up for the platform, you can choose from different pricing tiers that fit your needs. The Basic Plan includes the tools that beginners need, while the Pro and Pro+ plans offer advanced features. Teachable also offers a free plan with a 10% transaction fee for every sale. Course creators can choose the best plan that meets their immediate needs and long-term vision.
Basic Plan
The basic plan is a good first step for beginners in the online course space. It includes tools to create and manage courses, engage with students, and create a custom domain. This plan is ideal for those just starting to explore course creation and do not need the advanced features of the more expensive plans. However, the downside of the Basic Plan is that there is a 5% transaction fee on every sale.
Pro Plan
The Pro Plan is a popular choice for those who need more tools and features. It offers unlimited access to courses, students, and quizzes. Students can also get a course completion certificate. The Pro Plan comes with an analytics dashboard and live chat support. These features can improve the learning experience and make it easier for instructors to manage their courses. However, although there are no transaction fees, course creators still need to deal with payment processing fees.
Pro+ Plan
This plan is perfect for those who have an established audience and want to expand it. A business plan includes all features of the Pro Plan and also allows course creators to offer bundles. They can create an unlimited number of customizable courses and use advanced analytics and reporting tools to track students’ progress. It provides the tools to build and sell courses professionally, making it an expensive option.
Considering Additional Costs
Course creators must consider all other fees Teachable has in addition to subscription costs. There are no hidden costs, but transaction fees can add up quickly if you are on the Free or Basic Plan. Users must also deal with payment processing fees regardless of the plan.
Evaluating Value
Course creators should compare the features of each plan with its price to determine if it is a viable option for them. The transaction fees associated with the Free and Basic Plans may discourage beginners from opting for them. The Pro and Pro+ Plans are expensive but offer extensive and advanced features, so they are more appropriate for those who are serious about long-term development.
Importance of Support
Responsive customer support is an important aspect when you are running an online course through a learning management system (LMS). Depending on your plan, you’ll have access to different support options, such as priority support for higher-tier plans. This may be a crucial factor for those who require quick assistance.
Trial and Error
For those who are not sure if the specific plan is worth it or have concerns, Teachable allows users to change plans and move to higher or lower tiers as needed. Subscribing to a chapter plan and switching to another one later if needed is a reasonable way to start the process. This approach enables creators to determine whether the platform is right for them without upfront financial commitment or risk.
Conclusion
While the price is important, it is not the only parameter for deciding on a course creation platform. Understanding the features, costs involved, and your current and future requirements can help you make an informed decision. By examining these factors, you can begin your journey as a course creator in this online education landscape.
