If you are an entrepreneur or content creator searching for a way to transform knowledge into earnings, Teachable is the platform for you.
Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, decided to create his online learning platform with characteristics that he envisioned his classes and students could like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for about $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 Teachable Dr Shefali
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an outstanding 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 monitoring, payment collections, and affiliates commissions. Alternatively, you can concentrate more on course construction.
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Who Uses Teachable?
We can’t deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, founders, and small business owners that wish to make online courses into 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 training for students all over 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 hassle and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its simplicity of use. Tech novices will find it easy to go around and operate the program.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. It is a lot easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Customization
You can incorporate as many tools as you need as Teachable’s list of partners is fairly extensive. You’ll also realize that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to make an attractive landing page with Teachable’s large choice of themes 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 option of inserting custom CSS or HTML into the Code Snippets Area if you’re an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
It has all the necessary and essential sales tracking and analytics tools that you would need while attempting to analyze your course sales. You can see how well your courses have performed in specific phases.
You can provide your students 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’s a good way of increasing conversions.
In regards to student monitoring, 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 don’t need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
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 title of the course. You may change elements of your certificate like 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 do not need to get a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You can select your payment money from a broad assortment 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 service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you start creating your first course. Butif you have any additional queries, you can create a ticket. Usually, you will hear back from support within one day. Professional Teachable clients have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and company.
While Teachable doesn’t have a free version, it will 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, pupil 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 annual billing is chosen)
Each of the base features include unlimited students, course merchandise, coaching product, a members-only community, automated 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 annual billing is selected)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is chosen)
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Teachable Dr Shefali
Here are a few things I don’t like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable does not have a free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5% transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for queries.
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 bunch. But with Teachable, I found it fairly easy. Comparable to a duck testing the waters , It does take a while to explore the website, its features, and test stuff out.
You can teach how you want to learn by utilizing customization tools to personalize your content. Teachable Dr Shefali
You don’t need to worry about marketing. All you’ve got to worry about is making the content you wish to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and authors.
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.
You can create 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 Dr Shefali
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 because of 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 can 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 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. 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 teachers are needed to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Does Teachable charge any processing charges?
Yes. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.
