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) founded by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, decided to create his online learning platform with features he envisioned his courses and students would enjoy after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.
Before you continue, you may want to check out 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 Teachable Scholastic
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to do it because it already deals with your sales tracking, payment collections, and affiliates commissions. Alternatively, you can focus more on course construction.
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Who Uses Teachable?
We can’t deny that online learning is a quick and booming industry. And we would like to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who wish to make online courses into a potentially lucrative business will find using Teachables to be very excellent. 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.
As of now, more than 100,000 creators sold over $1 billion in classes and training for students all around 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 hassle 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 will see headers like users, sites, sales, emails, and courses. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
Customization
You can incorporate as many tools as you want as Teachable’s list of partners is pretty extensive. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to make an appealing 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.
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
It has all of 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 courses have performed in specific phases.
You can offer your pupils discounts should they choose to buy a second course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It is a good means of increasing conversions.
In regards to student tracking, you can check student registration and engagement. You’ll get 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 tracking sales and student 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 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 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 need 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 even 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 support 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 course. But, if you have any additional queries, you can create a ticket. Usually, you will hear back from service within one day. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and company.
For those who wish to dip their toes first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. It also 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 annual billing is selected )
All the base features include unlimited students, course merchandise, training product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have to pay the monthly fee together 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 attributes plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Teachable Scholastic
Now that I’ve talked about what I liked about Teachable, here are a few things I do not like:
- No free plans.
- Teachable does not have a free plan. But, 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 service.
- There is no telephone 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 very confused about the bunch. However, with Teachable, I found it reasonably simple. It does take a while to explore the website, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach the way you want to learn by utilizing customization tools to personalize your content. Teachable Scholastic
You don’t have to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and authors. So all you’ve got to worry about is creating the content you wish to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s technology and marketing aspect.
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: Teachable Scholastic
What is Teachable?
Teachable is an online learning platform that helps users make and market 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 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 can Teachable payments work?
Teachable uses Stripe express to process credit/debit card transactions as well as PayPal payments. Owners can receive payouts directly to their banks based on the payment scheme set out by the primary school owner. It can be done in the Settings > Payments section of the 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. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined is more opted by lots of people. It has more features that match most of what their company needs.
For large organizations where multiple instructors are required to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Can Teachable charge any processing fees?
Yes. It charges 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal account. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.
