If you are 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 class builder himself, decided to create his own 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 needed.
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. Afterward, you will want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Is Teachable The Same As A Blog
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or team member to perform it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Instead, you can concentrate more on course construction.
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Who Uses Teachable?
We can not deny that we would like to take a slice from 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 profitable business. 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 creators sold over $1 billion in courses and coaching for students all around 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 tech headache and more of being your partner-in-arms to a company.
As mentioned earlier, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the site. There you will see headers like users, websites, sales, emails, and classes. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communication with students becomes easier for the user.
Customization
You can integrate as many tools as you need as Teachable’s list of partners is pretty extensive. You will also realize that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an appealing landing page with Teachable’s large selection of topics for your online course site. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you are an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets Area.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your course 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 offer 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 good way of increasing conversions.
You can check student registration and engagement in regards to student tracking. You will receive reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
Completion Certificates
To access this feature, you’d need a Pro or Business Plan. 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 program. You may change elements of your certificate such as 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 in-built payment processing through Teachable Payments. With this, you don’t have to get a 3rd party for payment processing.
You may choose your payment money from a wide range of choices. You may also 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 option of charging your classes as one-time purchases, monthly payments, or as a subscription.
Customer Support
The service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first class. 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 service.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and company.
While Teachable does not have a free version, it will offer a 14-day free trial for those who wish to dip their feet first and check out its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it 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, class merchandise, training product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need 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 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 plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, advanced theme customization, and group coaching calls. Is Teachable The Same As A Blog
Now that I’ve talked about what I enjoyed about Teachable, here are some things I do not like:
- No free plans.
- Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There’s no phone number to contact for inquiries.
Why should you try it?
I am not the most tech-savvy man out there. Far from it, actually. I have had many a day being the most confused about the bunch. However, with Teachable, I found it fairly easy. Akin to a duck testing the waters , It does take some time to explore the web site, its features, and test stuff out.
You can teach the way you want to learn by using customization tools to personalize your content. Is Teachable The Same As A Blog
You don’t have to worry about marketing. All you’ve got to worry about is creating the content 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 wish to concentrate more on course production than the business’s tech and marketing aspect.
Teachable helps you turn the online courses you may make on any subject you love into a company. Why not start today?
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Frequently Asked Questions: Is Teachable The Same As A Blog
What’s Teachable?
Teachable is an online learning platform which helps users make and sell their courses.
Can I use Teachable for free?
There’s 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’s absolutely 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 as well as PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set from the primary school owner. It can be done from 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 yearly billing is chosen. But, many people opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is determined. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This is a better fit for large organizations where multiple instructors are needed to upload course materials.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal account. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% plus 30 cents.
