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 course builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. So, he decided to create his online learning platform with features he envisioned his classes and students would 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Allow Downloads On Teachable
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an excellent platform for beginners. You don’t need to have a virtual assistant or group member to perform it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Instead, you can focus more on course building.
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Who Uses Teachable?
We can’t deny that online learning is a quick and booming industry. And we want to take a slice out of the ever-growing demand.
Entrepreneurs, creators, and small business owners who wish to make online courses to a potentially lucrative business will find using Teachables to be very excellent. Teachable is used by individuals 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 founders sold over $1 billion in courses and coaching for students all around 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 technician hassle 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 novices.
When you register on the site, it leads you to the dashboard. There you will see headers such as users, sites, sales, emails, and classes. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
Customization
It is possible to integrate as many tools as you need as Teachable’s list of partners is pretty extensive. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large selection of topics for your online course site which you can select to make an attractive landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you’re an advanced user, you have the choice of inserting custom CSS or HTML into the Code Snippets Area.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path 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 periods.
You can provide your pupils discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It is a fantastic means of increasing conversions.
You can check student registration and engagement when it comes to student tracking. You will receive reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
Teachable deals with technology and promotion for you so you do not need to worry about monitoring student and sales insights with their comprehensive dashboards.
Completion Certificates
To access this feature, you’d 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 in-built payment processing via Teachable Payments. With this, you don’t need to find a 3rd party for payment processing.
You can select your payment money from a wide assortment of choices. You may 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.
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. You can create a ticket if you have any additional questions. Normally, you’ll hear back from service within 24 hours. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and company.
For those who wish to dip their feet first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil management, lecture comments, fundamental quizzes, no fees on free courses, 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, course merchandise, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need 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 annual billing is chosen)
Including all base attributes 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 annual billing is selected )
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Allow Downloads On Teachable
Now that I have talked about what I liked about Teachable, here are some things I don’t like:
- No free plans.
- Teachable doesn’t have a free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There is no telephone number to contact for inquiries.
Why should you try it?
I am not the most tech-savvy person out there. Far from it, actually. I have had many a day being the most confused about the crowd. But with Teachable, I found it reasonably easy. It does take some time to explore the web site, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach how you want to know by using customization tools to personalize your content. Allow Downloads On Teachable
You don’t have to worry about marketing. Teachable has built-in features to look after 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
For complete beginners and busy entrepreneurs who want 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 topic you love into a business. Why not start now?
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Frequently Asked Questions: Allow Downloads On Teachable
What’s Teachable?
Teachable is an online learning platform that helps users make and market 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 don’t need a credit card for this. There is 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 as well as PayPal payments. Owners can receive payouts directly to their 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 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. But, lots of individuals opt for Teachable’s more 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 annual billing is chosen. This is a better fit for large organizations where multiple teachers are required to upload course materials.
Does 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% plus 30c. International PayPal gets charged 4.4% and 30 cents.
