Teachable is the platform for you if you’re an entrepreneur or content creator searching for a way to transform knowledge into income.
Teachable is a learning management system (LMS) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. He decided to create his own online learning platform with features that he envisioned his courses and students could like.
In 2020, sources state that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable Change Domain
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an outstanding platform for beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. So, you don’t need to have a virtual assistant or team member to do it. Alternatively, you can focus more on course building.
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Who Uses Teachable?
We can not deny that we would like to take a slice from the ever-growing demand from the fast and booming industry of online learning.
It’s ideal for entrepreneurs, creators, and small business owners that wish to make online courses to a potentially lucrative business. Teachable is used by individuals like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 founders sold over $1 billion in classes and training for students all over the world.
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. Tech novices will find it easy to go around and operate the course.
When you register on the site, it leads you to the dashboard. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
Customization
Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you want. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large selection of topics for your online course website that you can select to create an appealing 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 to the Code Snippets region if you are an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your path sales, Teachables has all 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 higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can offer your students discounts should they decide to buy another course. It is a good 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 classes, their completion rates, and where the students get stuck.
You do not need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
Completion Certificates
You’d need a Pro or Business Plan to get this feature. 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 such as logo, color 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 own refundable payment processing through Teachable Payments. With this, you don’t have to get a 3rd party for payment processing.
You may select your payment money from a broad assortment of choices. You can even create 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 service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first course. Butif you have any additional queries, you can create a ticket. Normally, you’ll hear back from support within one day. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and Business.
While Teachable does not have a free version, it does offer a 14-day free trial for those who want to dip their toes first and check out its features before committing.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, pupil management, lecture comments, basic quizzes, no fees on free courses, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if annual billing is selected )
All the base features include unlimited students, course product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have 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)
Including all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Teachable Change Domain
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable does not have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the crowd. But with Teachable, I found it reasonably easy. It does take a while to explore the web site, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach how you would like to learn by utilizing customization tools to personalize your content. Teachable Change Domain
You don’t need to think about marketing. All you have to worry about is creating the content you wish to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and authors.
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 business. Why not start today?
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Frequently Asked Questions: Teachable Change Domain
What’s Teachable?
Teachable is an online learning platform which helps users create and sell their courses.
Can I use Teachable for free?
There is 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 don’t need a credit card because of this. There’s absolutely no 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 out by the principal school owner. It can be done from the Settings > Payments section of the 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. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many people. It has more features that match most of what their business needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a much better fit for large organizations where multiple instructors are required to upload course materials.
Can Teachable charge any processing charges?
Yes. For any sale made through a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% and 30 cents.
