If you are 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 known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct access to students some platforms had. So, he decided to create his online learning platform with features that he envisioned his classes and students could like.
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 review. Afterward, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Clinician Empathy A Key, Teachable Skill In Medical Education
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an outstanding platform for complete beginners. You don’t have to have a virtual assistant or team member to do it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Instead, you can focus more on course building.
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Who Uses Teachable?
We can not deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.
It’s excellent for entrepreneurs, creators, and small business owners who want to create online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income utilize 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 courses and coaching for students all over 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 headache and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its simplicity of use. Tech beginners 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 will see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
Customization
Teachable’s list of partners is fairly extensive making it possible to incorporate as many tools as you need. You’ll also realize that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large selection of topics for your online course site which you can select to make an appealing landing page. All you have to do is upload the logos, text, images and select 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’re attempting 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 greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your pupils discounts should they choose to obtain another course. It is a good means of increasing conversions.
When it comes to student monitoring, you can check student enrollment and engagement. You’ll get reports on how your students interact with your classes, their completion rates, and in which the students get stuck.
You don’t need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing 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 name of the course. You may change elements of your certificate such as 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
You don’t have to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You can select your payment currency from a wide range of choices. You can also 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.
Your pupils 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. You can create a ticket if you have any additional queries. Usually, you’ll hear back from support within 24 hours. 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. 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 chosen)
All the base features include unlimited students, course product, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need 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)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
Including everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Clinician Empathy A Key, Teachable Skill In Medical Education
Here are a few things I don’t like about Teachable now that I’ve talked about what I liked about it:
- 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% transaction fee for those who opt for the Basic plan.
- No phone service.
- 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’ve had many a day being the most confused about the crowd. However, with Teachable, I found it fairly simple. Akin 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. Clinician Empathy A Key, Teachable Skill In Medical Education
You don’t need to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and writers. So all you’ve got to worry about is making the content that you want to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to focus more on course production 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 business. Why not start now?
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Frequently Asked Questions: Clinician Empathy A Key, Teachable Skill In Medical Education
What’s Teachable?
Teachable is an online learning platform that helps users make and sell their courses.
Can I use Teachable at No Cost?
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 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 as well as PayPal payments. Owners may receive payouts directly to their own banks dependent on the payment scheme set from the principal school owner. It can be done 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 yearly billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if yearly billing is set is more opted by many individuals. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a better fit for large organizations where multiple instructors are needed to upload course materials.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal accounts. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.
