If you’re an entrepreneur or content creator looking for a way to transform knowledge into income, Teachable is the platform for you.
Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, decided to create his own online learning platform with features he envisioned his classes and students could enjoy after getting frustrated over the lack of direct accessibility to students some platforms needed.
In 2020, sources state that Hotsmart acquired Teachable for approximately $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Remain Humble Before God And Teachable Before Men Hayford
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or group member to perform it. Alternatively, you can concentrate more on course construction.
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Who Uses Teachable?
We can not deny that we want to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
It’s excellent for entrepreneurs, founders, and small business owners who wish to create online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income use Teachable to sell their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in courses and training for students all around the world as of now.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech headache and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech novices.
When you register on the site, it leads you to the dashboard. There you may see headers such as users, sites, sales, emails, and classes. It is pretty straightforward. It is a lot easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Customization
You can integrate as many tools as you need as Teachable’s list of partners is pretty extensive. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to make an attractive landing page with Teachable’s large choice of topics for your online course website. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
You have the choice of inserting custom CSS or HTML to the Code Snippets Area if you’re an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
It has all the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your course sales. You can see how well your classes have performed in specific phases.
You can provide your students discounts should they choose to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It is a fantastic way of increasing conversions.
You can check student enrollment and engagement when it comes to student monitoring. You will receive reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
Teachable deals with technology and marketing for you so you don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.
Completion Certificates
You would need a Pro or Business Plan to access this feature. The course will award the certificates upon completion (Admin > Courses > Course > Certificates). There are templates available. Teachable will automatically insert your school name, student’s name, and title of the course. You may change elements of your certificate like logo, color scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Payment Options
You do not have to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You may choose your payment currency from a broad assortment of choices. You can also generate coupons and discount codes for students and affiliate codes. Teachable will manage affiliate payouts automatically.
Teachable has options like Stripe and PayPal and advanced payment options like Visa and Mastercard.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes as one-time purchases, monthly payments, or as a subscription.
Customer Support
The support is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first class. But, if you have any additional queries, you can create a ticket. Normally, you’ll hear back from service within one day. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose one of three options: Basic, Pro, and Business.
For those who want to dip their feet first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, fundamental quizzes, no fees on free classes, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if yearly billing is selected )
All the base features include unlimited students, course merchandise, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need to pay the monthly fee along with a 5 percent transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is selected)
This includes all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Remain Humble Before God And Teachable Before Men Hayford
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I do not like:
- No free plans.
- Teachable doesn’t have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for people who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for queries.
Why should you attempt it?
I am not the most tech-savvy man out there. Far from it, actually. I have had many a day being the most confused about the crowd. However, with Teachable, I found it fairly easy. Akin to a duck testing the waters , It does take a while to explore the website, its features, and test stuff out.
You can teach how you would like to know by utilizing customization tools to personalize your content. Remain Humble Before God And Teachable Before Men Hayford
You don’t need to think about marketing. All you’ve got to worry about is creating the content that you want to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and writers.
To Sum It Up
For complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s technology and marketing aspect, Teachable is an approachable platform.
You may make your online course on any topic you love, and Teachable helps you turn that into a business. Why not start now?
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Frequently Asked Questions: Remain Humble Before God And Teachable Before Men Hayford
What’s Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable for free?
There’s a 14-day free trial for the Pro Plan. When you click on the “Get Started” button and register, you will automatically be entered into a Professional plan trial. You do not need a credit card for this. There is no free trial for Basic and Business Plans. You can add up to ten students to complete courses.
How do Teachable payments work?
Teachable uses Stripe express to process credit/debit card transactions in addition to PayPal payments. Owners may receive payouts directly to their banks based on the payment scheme set from the principal school owner. It can be carried out from the Settings > Payments section of their school admin. Payouts can be set daily (on a 2-day business rolling period), weekly (every Thursday), or monthly (every 30 days on the first business day of the month).
How much does Teachable cost?
The Basic plan costs $39/month or $29/month if yearly billing is chosen. But, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is determined. It has more features that fit most of what their business needs.
For large organizations where multiple teachers are required to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal accounts. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.
