Teachable is the platform for you if you’re an entrepreneur or content creator searching for a way to transform knowledge into earnings.
Teachable is a learning management system (LMS) based 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 online learning platform with features he envisioned his courses and students would enjoy.
In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.
Before you continue, 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 our article for a more comprehensive review.
In A Nutshell Jimmy Kelley Teachable
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an outstanding platform for beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or team member to do it. Alternatively, you can concentrate more on course construction.
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Who Uses Teachable?
We can not deny that online learning is a fast and booming industry. And we want to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who want to create online courses into a potentially profitable business will find using Teachables to be excellent. Teachable is utilized 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 over the world as of this moment.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech hassle and more of being your partner-in-arms to a company.
As mentioned previously, Teachable prides itself on its ease 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 will see headers such as users, sites, sales, emails, and courses. It is 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 incorporate 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.
Teachable offers a large selection of topics for your online course site which you can select to make an attractive landing page. 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 choice of inserting custom CSS or HTML into the Code Snippets region.
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Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your path sales. You can see how well your courses have performed in specific phases.
You can offer your pupils discounts should they decide to obtain another course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It’s a fantastic means of increasing conversions.
In regards to student tracking, you can check student enrollment and engagement. You’ll get reports on how your students interact with your classes, their completion rates, and in which the students get stuck.
You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with technology and marketing 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 course. You may change elements of your certificate like 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 do not have to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You may select your payment money from a broad assortment of choices. You can 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.
You have the choice of charging your classes as one-time purchases, monthly payments, or as a subscription which your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
Customer Support
The service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first course. Butif you have any additional questions, you can create a ticket. Normally, you’ll hear back from service within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and company.
For people who wish to dip their feet first and take a look at its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil 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 annual billing is chosen)
Each of the base features include unlimited students, class merchandise, training 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 percent transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is selected)
This includes all base attributes 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 yearly billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. Jimmy Kelley Teachable
Here are some things I do not 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. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for queries.
Why should you attempt it?
I’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the crowd. However, with Teachable, I found it fairly simple. Akin to a duck testing the waters first, It does take some time to explore the website, its features, and test stuff out.
You can teach how you would like to learn by using customization tools to personalize your content. Jimmy Kelley Teachable
You don’t have to worry about marketing. All you’ve got to worry about is making the content you want to sell since Teachable has built-in features to look after payouts, taxes, affiliates, and authors.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s technology and marketing aspect.
You may make your online course on any topic you love, and Teachable helps you turn that into a business. Why not start today?
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Frequently Asked Questions: Jimmy Kelley Teachable
What is Teachable?
Teachable is an online learning platform that helps users make and sell their courses.
Can I use Teachable at No Cost?
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 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 out by 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 annual billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many individuals. It has more features that match most of what their business needs.
For large organizations where multiple teachers are needed to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Can Teachable charge any processing charges?
Yes. It costs 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal accounts. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.
