If you’re an entrepreneur or content creator looking for a way to transform knowledge into earnings, 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 had. He decided to create his own online learning platform with features he envisioned his courses and students could like.
In 2020, sources say that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Amazon Mastery Seller Teachable
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an outstanding platform for complete beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or group member to do it. Instead, you can focus more on course building.
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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 quick and booming industry of online learning.
Entrepreneurs, creators, and small business owners who wish to create online courses to a potentially lucrative business will find using Teachables to be very ideal. Teachable is used by individuals like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in courses and training for students all around the world as of now.
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 company.
As stated earlier, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the website. There you will see headers such as users, sites, sales, emails, and classes. It is pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
Customization
It is possible to incorporate as many tools as you need as Teachable’s list of partners is fairly extensive. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large choice of topics for your online course website that you can select to create an attractive landing page. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you are an advanced user, you have the option of inserting custom CSS or HTML to the Code Snippets region.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re trying to analyze your path 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 periods.
For higher plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your pupils discounts should they decide to buy another course. It is a fantastic way 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 where the students get stuck.
You don’t need to worry about tracking sales and student insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.
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 name of the course. You may change aspects of your certificate such as 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 through Teachable Payments. With this, you do not have to get a 3rd party for payment processing.
You can choose your payment currency from a wide assortment of choices. You may also 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.
You have the option of charging your classes 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 service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first course. You can create a ticket if you have any additional questions. Usually, you’ll hear back from service within 24 hours. 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 does not have a free version, it does offer a 14-day free trial for those who want to dip their feet 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 annual billing is selected )
All the base features include unlimited students, class merchandise, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have 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 selected)
This includes all base features 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)
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Amazon Mastery Seller Teachable
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 does not have a totally 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’s no telephone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being very confused about the crowd. However, with Teachable, I found it reasonably simple. It does take a while to explore the web site, its features, and test stuff out. Akin to a duck testing the waters .
You can teach the way you want to know by using customization tools to personalize your content. Amazon Mastery Seller Teachable
You don’t need to worry about marketing. All you have 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 want to concentrate more on course production than the business’s technology and marketing aspect, Teachable is an approachable platform.
You can create your online course on any topic you love, and Teachable helps you turn that into a company. Why not start now?
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Frequently Asked Questions: Amazon Mastery Seller Teachable
What is Teachable?
Teachable is an online learning platform that helps users create and market their courses.
Can I use Teachable at No Cost?
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 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 out by the primary school owner. It can be carried out from the Settings > 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 annual billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set is more opted by lots of individuals. It has more features that fit most of what their business needs.
For large organizations where multiple instructors are required to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Can Teachable charge any processing charges?
Yes. For any sale made via a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.
