If you’re an entrepreneur or content creator searching for a way to transform knowledge into income, Teachable is the platform for you.
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, 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 that he envisioned his courses and students would enjoy.
In 2020, sources state that Hotsmart obtained 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Sixpackshredding Teachable
Teachable allows one to make 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. So, you don’t have to have a virtual assistant or group member to perform it. 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.
It’s excellent for entrepreneurs, founders, and small business owners who want to make online courses into a potentially profitable business. Folks like Pat Flynn of Smart Passive Income use Teachable to sell 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 courses and coaching for students all over the world as of now.
Here are some of the features I enjoyed 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 stated earlier, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech novices.
When you register on the website, it leads you to the dashboard. There you will see headers such as users, websites, sales, emails, and courses. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes easier for the user.
Customization
Teachable’s list of partners is fairly extensive making it possible to integrate as many tools as you need. You’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an attractive landing page with Teachable’s large choice of topics for your online course website. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
You have the choice 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’re trying to analyze your course 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 phases.
For higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they choose to obtain another course. It’s a fantastic way of increasing conversions.
You can check student enrollment and engagement in regards to student monitoring. You’ll get reports on how your students interact with your classes, their completion rates, and where the students get stuck.
Teachable deals with tech and promotion for you so you do not need to worry about tracking student and sales insights with their comprehensive dashboards.
Completion Certificates
You would need a Pro or Business Plan to access 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 program. You may change elements of your certificate like logo, color scheme, and preset pictures. 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 via Teachable Payments. With this, you do not need to get a 3rd party for payment processing.
You can select your payment currency from a broad range 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 pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your courses as one-time purchases, monthly payments, or as a subscription.
Customer Support
The support is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first course. You can create a ticket if you have any additional queries. Normally, you will hear back from support within one day. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows 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 people who wish 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, 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, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need 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 annual billing is chosen)
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 annual billing is chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Sixpackshredding Teachable
Here are some things I don’t like about Teachable now that I’ve talked about what I liked about it:
- 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 percent transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no telephone number to contact for queries.
Why should you try it?
I am not the most tech-savvy man out there. Far from it, actually. I have had many a day being the most confused about the bunch. But with Teachable, I found it reasonably easy. Comparable to a duck testing the waters , It does take a while to explore the web site, its features, and test stuff out.
You can teach the way you want to know by utilizing customization tools to personalize your content. Sixpackshredding Teachable
You don’t need to worry about marketing. All you’ve got to worry about is creating the content that you wish 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 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 subject you love into a company. Why not start today?
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Frequently Asked Questions: Sixpackshredding Teachable
What is Teachable?
Teachable is an online learning platform which helps users create and market 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 for this. There is not any 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 as well as PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set out by the principal school owner. It can be carried out 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 yearly billing is chosen. But, many people opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that fit most of what their business needs.
For large organizations where multiple teachers are needed to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Does Teachable charge any processing charges?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it charges 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.
