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) founded by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, grew frustrated over the lack of direct access to students some platforms had. So, he decided to create his own online learning platform with characteristics he envisioned his classes and students could like.
In 2020, sources say that Hotsmart acquired Teachable for about $250M.
Before you continue, 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.
In A Nutshell Reddit Teachable
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an outstanding platform for complete beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. So, you don’t need to have a virtual assistant or team member to perform it. Alternatively, you can focus more on course construction.
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Who Uses Teachable?
We can not deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, founders, and small business owners that wish to create online courses into a potentially lucrative business will find using Teachables to be ideal. Individuals like Pat Flynn of Smart Passive Income use Teachable to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in classes and coaching for students all around the world as of this moment.
Here are some of the features I liked 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 site. There you may see headers such as users, sites, sales, emails, and classes. It is pretty straightforward. It is easier for the user to upload files, 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’ll also realize 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 selection of topics for your online course site. All you have to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you are an advanced user, you have the choice of inserting custom CSS or HTML into the Code Snippets region.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your course sales, Teachables has all the necessary and essential sales tracking and analytics tools that you would need. You can see how well your courses have performed in specific phases.
For higher plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your students discounts should they choose to buy a second course. It is a fantastic way of increasing conversions.
You can check student registration and engagement in regards to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
Completion Certificates
You would 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, 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
You don’t have to get a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You can choose your payment money from a broad assortment of choices. You may even create 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.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the option of charging your courses 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 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 support within 24 hours. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable enables customers to choose one of 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 feet first and take a look at its features before committing.
All plans include unlimited video, classes, and hosting. It also has integrated payment processing, pupil 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 annual billing is chosen)
All the base features include unlimited students, class merchandise, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have to pay the monthly fee along with a 5% transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is selected)
Including 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 yearly billing is chosen)
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, innovative theme customization, and group coaching calls. Reddit Teachable
Now that I’ve talked about what I liked 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’s a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for queries.
Why should you try it?
I’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being the most confused about the bunch. However, with Teachable, I found it reasonably easy. Comparable to a duck testing the waters , It does take some time to explore the web site, its features, and test stuff out.
You can teach the way you would like to know by utilizing customization tools to personalize your content. Reddit Teachable
You don’t have to worry 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 take care of 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 company. Why not start now?
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Frequently Asked Questions: Reddit Teachable
What is Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable at No Cost?
There is 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 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 own banks dependent on the payment scheme set out by the primary school owner. It can be carried out from the Preferences > 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 annual billing is chosen. But, many people opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is set. It has more features that match most of what their business 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 instructors are needed to upload course materials.
Can Teachable charge any processing fees?
Yes. For any sale made through a credit card, debit card, and US Paypal account, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.
