If you are an entrepreneur or content creator looking 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 known as Fedora. Nagpal, a class builder himself, decided to create his own online learning platform with characteristics he envisioned his courses and students could like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell John Meese With Teachable
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an outstanding platform for beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. So, 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’t deny that we want to take a slice out of the ever-growing demand from the quick and booming industry of online learning.
Entrepreneurs, founders, and small business owners that wish to make online courses into a potentially lucrative business will find using Teachables to be ideal. Teachable is used 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 now, more than 100,000 founders sold over $1 billion in courses and coaching for students all over the world.
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. Tech novices will find it easy to go around and operate the course.
When you register on the website, it leads you to the dashboard. There you will see headers such as users, sites, sales, emails, and courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
Customization
Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you need. You’ll also realize 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 website that you can select to make an attractive landing page. All you have 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 to the Code Snippets region.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are attempting to analyze your course sales, Teachables has all the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your courses have performed in specific periods.
You can provide your students discounts should they decide to buy 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 way of increasing conversions.
In regards to student tracking, you can check student registration and engagement. You will receive reports on how your students interact with your courses, their completion rates, and where the students get stuck.
Teachable deals with tech and marketing for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
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 title of the program. You may change elements of your certificate like 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 own refundable payment processing via Teachable Payments. With this, you do not have to find a 3rd party for payment processing.
You can select your payment currency from a wide range of choices. You can 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.
You have the choice 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 a comprehensive 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 queries. Usually, you will hear back from service within 24 hours. Professional Teachable customers 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 doesn’t have a free version, it will offer a 14-day free trial for those who want 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, 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 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 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 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 and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. John Meese With Teachable
Here are some things I do not like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable does not 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 support.
- There’s no phone number to contact for queries.
Why should you try it?
I’m 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. But with Teachable, I found it fairly 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. John Meese With Teachable
You don’t have to think about marketing. All you’ve got to worry about is creating the content you wish to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and authors.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to concentrate more on course production than the business’s technology and marketing aspect.
You can create your online course on any subject you love, and Teachable helps you turn that into a company. Why not start now?
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Frequently Asked Questions: John Meese With Teachable
What is Teachable?
Teachable is an online learning platform which helps users make and sell their courses.
Can I use Teachable for free?
There is 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 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 in addition to PayPal payments. Owners can receive payouts directly to their banks dependent on the payment scheme set out by the principal school owner. It can be carried out in the Preferences > Payments section of the 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. However, Teachable’s Pro Plan at $119/month or $99/month if yearly billing is set is more opted by lots of individuals. 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 is a much better fit for large organizations where multiple teachers are needed to upload course materials.
Does Teachable charge any processing fees?
Yes. It charges 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% plus 30c. International PayPal gets charged 4.4% plus 30 cents.
