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 own online learning platform with features he envisioned his courses and students would like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources state that Hotsmart acquired Teachable for approximately $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell How Much Do You Have To Pay To Teach A Course On Teachable
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an outstanding platform for complete beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or team member to perform it. Alternatively, you can focus more on course construction.
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Who Uses Teachable?
We can’t deny that we want to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
It’s excellent for entrepreneurs, creators, and small business owners who want to make online courses into a potentially lucrative business. Teachable is utilized by folks like Pat Flynn of Smart Passive Income 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 training for students all over 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 business.
As stated previously, Teachable prides itself on its simplicity of use. Going around and operating the program will be found easy by tech beginners.
The dashboard is the first thing a user would see after registering on the website. There you will see headers like users, sites, sales, emails, and classes. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
Customization
You can integrate as many tools as you want 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 with their power editor.
Users can select to make an appealing landing page with Teachable’s large selection 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.
You have the choice of inserting custom CSS or HTML into the Code Snippets region if you’re 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 of the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your courses have performed in specific phases.
You can provide your pupils discounts should they choose to obtain a second course when you get access to advanced sales features like one-click upsells and packages from availing higher 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.
You don’t need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with technology 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 name of the course. You may change aspects 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
Teachable comes with its own refundable payment processing via Teachable Payments. With this, you don’t need to get a 3rd party for payment processing.
You may choose your payment currency from a broad assortment of choices. You may even generate 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 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 support is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first course. You can create a ticket if you have any additional questions. Normally, you will hear back from support within one day. 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 company.
While Teachable doesn’t have a free version, it will offer a 14-day free trial for people who wish to dip their toes first and take a look at its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, fundamental quizzes, no fees on free classes, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if yearly 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 together with a 5% transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is chosen)
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 chosen)
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. How Much Do You Have To Pay To Teach A Course On Teachable
Here are a few things I do not 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 percent transaction fees
- There is a 5% transaction fee for people who opt for the Basic plan.
- No phone support.
- There’s no telephone 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 crowd. But 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 how you want to learn by using customization tools to personalize your content. How Much Do You Have To Pay To Teach A Course On Teachable
You don’t have to worry about marketing. All you’ve got to worry about is making the content that you want 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 want to focus more on course production than the business’s tech and marketing aspect.
Teachable helps you turn the online courses you can create on any topic you love into a company. Why not start now?
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Frequently Asked Questions: How Much Do You Have To Pay To Teach A Course On Teachable
What’s Teachable?
Teachable is an online learning platform which helps users create and sell 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 don’t need a credit card for this. There’s absolutely not any 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 in addition to PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set from the principal 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 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 fit most of what their company needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This would be a better fit for large organizations where multiple teachers are needed to upload course materials.
Can Teachable charge any processing fees?
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 billed 3.9% plus 30c. International PayPal gets billed 4.4% plus 30 cents.
