Maybe you want to create an online course and now looking for a hosting platform? That’s how you got to know about Teachable!
But you’re not sure whether you should straightaway invest in their paid plans. And that’s the reason you want to know “Does Teachable offer a free plan?”
Yes, they do! Teachable’s free plan offers some basic features sufficient to launch your first online course. It includes unlimited video bandwidth, unlimited online courses, email support, and so on. Though there is a transaction fee of $1+10% on every sale you make, it’s still a great plan to launch your online course for free.
In this post, I will give you a brief description of its free plan, what it is good for, and who can use it. By the end, you’ll know what you can expect from the Teachable’s free plan.
Does Teachable Offer a Free Plan?
Teachable is one of the popular online course platforms to create and sell online courses. Even though it’s popular, people don’t want to straightaway buy their paid plans unless it’s going to benefit them.
In that case, Teachable offers a free plan for anyone who wants to try their service without even investing a single penny and that too forever. There is no 14-day or 30-day trial period & you can use their free plan as long as you want. No questions asked!
But even though it’s a generous offer from the Teachable side, it comes with a drawback which I will discuss soon. Overall, if you are looking for a platform that offers a free plan, Teachable satisfies your demand.
What Does Teachable’s Free Plan Offer?
Here is a full list of all the benefits you’re getting from Teachable’s free plan.
|Free courses Transaction fees||0%|
|Paid courses Transaction fees||$1 + 10%|
|US sales Processing fees||2.9% + 30¢|
|International credit & debit card sales Processing fees||3.9% + 30¢|
|International PayPal sales Processing fees||4.4% + 30¢|
|Chargeback fee Processing fees||$15|
|BackOffice fee Processing fees (optional)||2%|
|Unlimited video bandwidth||Yes|
|Integrated payment processing||Yes|
What is the Teachable’s Free Plan Good For?
Nobody wants to straightaway invest money on something unless they are sure about it, and the same goes for Teachable.
With Teachable’s free plan, you get a chance to explore more. You could see what features are best for you and what features you really need to sell your courses smoothly.
Secondly, if you’re planning to create an online course, but not sure whether it’s going to make any sales? There is no point in investing $29 or $79 on its paid plans.
I mean, what if you invested the money, and all you saw is zero sales? That’s basically a loss.
That’s why you can go with the free plan to test the water out. This way you can see whether your course has the potential to make sales and if it does, that’s an excellent sign to upgrade for paid plans.
What is The Downside of Using Teachable’s Free Plan?
The only downside of using the free plan is their transaction fee. For every sale you make, Teachable cuts $1+10%.
What this means is, suppose you have created an online course and set its price to $100, In that case, Teachable will cut $11 per sale and you will only get $89.
Even though the transaction fee ($11) may look small, still every dollar counts. I would highly suggest you move to a paid plan once you are getting consistent sales. That’s because when you are making a lot of sales, these small fees can accumulate to a bigger amount.
For example, if you are getting 20 sales in a month, you’ll be paying $220 to Teachable as transaction fees out of $2000 you earned (considering course price to be $100). So, $220 is a large amount, and it matters a lot if you lose them as part of the transaction fees.
That’s the only big downside Teachable has apart from all the wonderful benefits they’re providing free of cost.
Which Plan Should I Upgrade to After Using the Free Plan?
There are basically two plans you can go for as an Individual after using the free plan (apart from the Business plan).
- Basic Plan – $29/month (billed annually) or $39/month
- Professional Plan – $99/month (billed annually) or $119/month
The basic plan offers some additional features like
- Custom domains
- Coupon codes
- Integrated email marketing
- Third-party integrations
- Drip course content
- 5% Transaction fees
- Admin-level users – 2 users
This plan is best when you are getting some decent sales and are worried about the transaction fees. Though the basic plan still charges the fees, it’s only 5%.
So, if you are making 10 sales in a month and you are selling your course for $100, you can keep $950 with you, and the rest $50 will be the transaction fees. This is still better than the free plan where you would have paid $110 as the fees.
Talking about the other features, you get coupon codes through which you can offer discounts on your courses. This is good especially when you want to give discounts on Black Friday, Christmas, etc.
You are also eligible for third party integrations & integrated email marketing, which is great to get connected with your audience.
Talking about the professional plan, it is the best plan among others which doesn’t charge any fees and you can keep 100% of your earning.
Though it is not cheap, still the best plan to use if you are getting several sales in a month. Including all the basic plan features, you will also get some additional features as listed below.
- Live Chat
- Graded Quizzes
- Integrated Affiliate Program
- Course completion certificates
- Course compliance
- Advanced reports
- Unbranded website
- Admin-level users – 5 users
Among all the features listed in the professional plan, I love the affiliate program feature that really helps to increase your course reach.
You will also get access to advanced reports that will help you find out how your courses are performing.
If you get stuck in a problem, you can use the live chat feature to get instant solutions. Likewise, you can get many other benefits that are worth the price you are paying for.
Summary – Does Teachable Have a Free Plan?
Yes, Teachable has a free plan that is best for trying out their platform. If you are a new course creator who isn’t sure of getting sales, the free plan is definitely for you to test the waters.
The transaction fees can be a bit problem, but still, you can upgrade to the higher plans whenever you think is the right time.
So, now what do you think about Teachable? Are you planning to try their service for launching your online course? Drop the comments to let me know.