If you are an entrepreneur or content creator looking for a way to transform knowledge into earnings, Teachable is the platform for you.
Teachable is a learning management system (LMS) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a course builder himself, decided to create his online learning platform with features that he envisioned his courses and students would like after getting frustrated over the lack of direct accessibility to students some platforms needed.
In 2020, sources say that Hotsmart acquired Teachable for approximately $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Learn Nation Teachable
Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an outstanding platform for beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or group member to do it. Alternatively, you can concentrate more on course building.
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Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we want to take a slice out of the ever-growing demand.
Entrepreneurs, founders, and small business owners that wish to create online courses into a potentially profitable business will find using Teachables to be ideal. Individuals like Pat Flynn of Smart Passive Income utilize Teachable to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 founders sold over $1 billion in classes and coaching for students all around the world.
Here are some of the features I enjoyed in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech hassle and more of being your partner-in-arms to a business.
As mentioned earlier, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech beginners.
The dashboard is the first thing a user would see after registering on the website. There you may see headers such as users, websites, sales, emails, and courses. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
Customization
You can incorporate 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.
Teachable offers a large selection of topics for your online course website that you can select to make an attractive landing page. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
You have the option of inserting custom CSS or HTML into the Code Snippets region if you’re an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are attempting to analyze your path sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific phases.
For greater plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your pupils discounts should they choose to obtain a second course. It is a good way of increasing conversions.
You can check student enrollment and engagement when it comes to student monitoring. You’ll get reports on how your students interact with your classes, their completion rates, and in which the students get stuck.
Teachable deals with technology and marketing for you so you do not need to worry about monitoring sales and student insights with their comprehensive dashboards.
Completion Certificates
To access this feature, you would need a Pro or Business Plan. The class 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, colour scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Payment Options
Teachable comes with its in-built payment processing via Teachable Payments. With this, you do not have to find a 3rd party for payment processing.
You may choose your payment money from a broad range of choices. You may also generate coupons and discount codes for students and affiliate codes. Teachable will handle affiliate payouts automatically.
Teachable has options like Stripe and PayPal and advanced payment options like Visa and Mastercard.
You have the option of charging your courses as one-time purchases, monthly payments, or as a subscription which your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
Customer Support
The service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you might ask as you start creating your first class. You can create a ticket if you have any additional questions. Usually, 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 company.
For people who wish 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. It also has integrated payment processing, student management, lecture comments, basic 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, class product, coaching product, a members-only community, automated sign-ups, and two admin-level users. You’ll need to pay the monthly fee together with a 5 percent transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is selected)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if annual billing is chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Learn Nation Teachable
Now that I have talked about what I liked about Teachable, here are some things I do not like:
- No free plans.
- Teachable doesn’t have a 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 inquiries.
Why should you attempt it?
I am not the most tech-savvy person out there. Far from it, actually. I have had many a day being the most confused about the crowd. But with Teachable, I found it fairly simple. It does take a while to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you want to know by utilizing customization tools to personalize your content. Learn Nation Teachable
You don’t have to worry about marketing. All you’ve got to worry about is making the content you wish 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 creation than the business’s tech and marketing aspect, Teachable is an approachable platform.
You may make your online course on any subject you love, and Teachable helps you turn that into a company. Why not start now?
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Frequently Asked Questions: Learn Nation Teachable
What’s Teachable?
Teachable is an online learning platform which helps users create and sell their courses.
Can I use Teachable at No Cost?
There’s a 14-day free trial for the Pro Plan. You will automatically be entered into a Professional plan trial when you click on the “Get Started” button and register. You don’t need a credit card for this. There’s absolutely not any free trial for Basic and Business Plans. You can add up to ten students to complete courses.
How can 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 own banks dependent on the payment scheme set from the primary school owner. It can be done from the Settings > Payments section of their school admin. Payouts can be set daily (on a 2-day company 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, many individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This would be a much better fit for large organizations where multiple teachers are required to upload course materials.
Can Teachable charge any processing charges?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.
