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 class builder himself, decided to create his own online learning platform with features he envisioned his courses and students could enjoy after getting frustrated over the lack of direct accessibility to students some platforms had.
In 2020, sources say that Hotsmart obtained 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. After, you’ll want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Cara Harvey Teachable
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has 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 perform it because it already deals with 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 fast and booming industry. And we would like to take a slice from 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 excellent. Teachable is utilized by folks 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.
As of this moment, more than 100,000 founders sold over $1 billion in classes and training for students all around the world.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a technician 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.
The dashboard is the first thing a user would see after registering on the site. There you may see headers like users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
Customization
Teachable’s list of partners is fairly extensive making it possible to integrate as many tools as you want. You’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages with 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 have 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
It has all the necessary and essential sales tracking and analytics tools that you’d need while trying to analyze your path sales. You can see how well your classes have performed in specific periods.
You can provide your pupils discounts should they choose to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It’s a good means of increasing conversions.
You can check student enrollment and engagement when it comes 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 technology and marketing for you so you don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.
Completion Certificates
You would need a Pro or Business Plan to get 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 course. You may change aspects 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 may 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 manage affiliate payouts automatically.
Teachable has options like Stripe and PayPal and advanced payment options like Visa and Mastercard.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes 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. But, if you have any additional queries, you can create a ticket. Usually, you’ll hear back from service 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 company.
While Teachable doesn’t 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, classes, and hosting. It also 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 yearly billing is chosen)
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 together with a 5 percent transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is selected)
Including all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Cara Harvey Teachable
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable doesn’t have a totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There is no telephone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being very confused about the crowd. But with Teachable, I found it reasonably simple. It does take a while to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you would like to know by utilizing customization tools to personalize your content. Cara Harvey Teachable
You don’t need to worry about marketing. All you’ve got to worry about is creating the content you wish to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and writers.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to concentrate more on course production than the business’s technology and marketing aspect.
Teachable helps you turn the online courses you can create on any subject you love into a company. Why not start now?
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Frequently Asked Questions: Cara Harvey Teachable
What’s Teachable?
Teachable is an online learning platform that helps users make and sell their courses.
Can I use Teachable for free?
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 because of this. There is no 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 in addition to PayPal payments. Owners may receive payouts directly to their banks based on the payment scheme set out by the primary school owner. It can be carried out in 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 annual billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if yearly billing is determined is more opted by lots of individuals. It has more features that fit most of what their company needs.
For large organizations where multiple instructors are required to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Does Teachable charge any processing fees?
Yes. For any sale made through 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.
