Teachable

What: An online platform that helps you design, develop and teach a class online

Expected pay: Varies

Commissions & fees: $0 to $399/month, plus commissions (varies based on plan)

Where: Nationwide

Requirements: Be over the age of 18, or over the age of 13, with parental permission

Review:

PROS:

  • The site helps you create, upload, and sell classes.
  • You price your classes and determine if you’ll offer promotional discounts.
  • You own your content. Teachable licenses it for limited use so that people can buy your online class.
  • You are paid 30 days after the date of sale to accommodate the site’s 30-day money-back guarantee.

CONS:

  • The site charges a monthly fee, a transaction fee or both
    • The free plan charges nothing monthly but charges a 10% commission on sales
    • The $29/month plan charges a 5% commission on sales; higher-cost plans have no transaction fees
  • Required to use the site’s payment system
  • The site does not help much in marketing your class

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