Teachable is the platform for you if you’re an entrepreneur or content creator searching for a way to transform knowledge into earnings.
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 would like after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources say 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Individualize
Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to perform it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Instead, you can concentrate more on course construction.
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Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we would like to take a slice out of the ever-growing demand.
Entrepreneurs, creators, and small business owners that want to make online courses to a potentially lucrative business will find using Teachables to be very ideal. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in courses and coaching for students all around the world as of this moment.
Here are some of the features I enjoyed in Teachable:
Ease of Use
Teachable’s best feature is being less of a technician headache and more of being your partner-in-arms to a business.
As stated previously, Teachable prides itself on its simplicity of use. Going around and operating the course will be found easy by tech beginners.
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
Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you want. 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 choice of topics for your online course website which you can select to make 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.
If you’re an advanced user, you have the choice of inserting custom CSS or HTML to the Code Snippets Area.
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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’d need. You can see how well your classes have performed in specific periods.
You can offer your pupils discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and packages from availing greater plans. It is a fantastic way of increasing conversions.
You can check student enrollment and engagement in regards to student monitoring. You will receive reports on how your students interact with your classes, their completion rates, and where 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 get 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 name of the course. You may change elements of your certificate like 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 do not need to get a 3rd party for payment processing.
You may select your payment money from a wide range of choices. You can even 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 option 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 begin creating your first class. Butif you have any additional questions, you can create a ticket. Normally, you’ll hear back from support within one day. Professional Teachable clients have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and Business.
For people who wish to dip their toes 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, 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 yearly billing is selected )
Each of the base features include unlimited students, class merchandise, 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 features 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 annual billing is chosen)
Including 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 Individualize
Now that I have talked about what I liked about Teachable, here are some things I do not 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 people who opt for the Basic plan.
- No phone support.
- There’s 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 simple. Akin to a duck testing the waters first, It does take some time to explore the web site, its features, and test stuff out.
You can teach how you would like to know by utilizing customization tools to personalize your content. Teachable Individualize
You don’t need to worry 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 want to concentrate more on course creation than the business’s technology and marketing aspect, Teachable is an approachable platform.
Teachable helps you turn the online courses you can create on any topic you love into a business. Why not start now?
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Frequently Asked Questions: Teachable Individualize
What’s Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable for free?
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 do not need a credit card for this. There is 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 banks dependent on the payment scheme set from the primary 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 yearly billing is set is more opted by lots of people. It has more features that fit most of what their company needs.
For large organizations where multiple instructors are needed to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Does Teachable charge any processing fees?
Yes. It charges 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% and 30c. International PayPal gets billed 4.4% plus 30 cents.
