Overview
Teachable is one of the most popular online course platforms, now owned by Hotmart. Our analysis reveals that while the platform is feature-rich, creators must agree to broader content licenses than competitors. Transaction fees on lower tiers and complex payout terms also warrant careful consideration.
Key Concerns
- Broad Content License: Teachable's terms grant them a wider license to use your content for promotional purposes than some competitors.
- Transaction Fees: Lower-tier plans include transaction fees that can significantly impact revenue, especially for lower-priced courses.
- Payout Schedule: Complex payout terms with potential holds and delays that may affect cash flow.
- BackOffice Requirement: Lower plans require using Teachable's payment processing with additional fees.
- Mandatory Arbitration: All disputes require binding arbitration with class action waivers.
Positive Aspects
- Content Ownership: Despite the broad license, you retain intellectual property ownership of your content.
- Established Platform: Large user base and marketplace exposure can help with discoverability.
- Course Building Tools: Comprehensive course creation and student management features.
Data Collection Summary
Teachable collects course content, student data, payment information, usage analytics, and marketing preferences. Data may be shared with parent company Hotmart and used for platform-wide analytics and improvements.