Should You Use Teachable?

teachable-review

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) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct access to students some platforms had. So, he decided to create his online learning platform with features he envisioned his classes and students could enjoy.

In 2020, sources state that Hotsmart obtained Teachable for about $250M.

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Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review.

In A Nutshell Should You Use Teachable?

Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an excellent platform for complete beginners. You don’t need to have a virtual assistant or team member to perform it because it already deals with your sales tracking, payment collections, and affiliates commissions. Alternatively, you can concentrate more on course building.

Should You Use Teachable?

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Who Uses Teachable?

We can not deny that we want to take a slice from the ever-growing demand from the quick and booming industry of online learning.

It’s excellent for entrepreneurs, founders, and small business owners that wish to create online courses to a potentially profitable business. Folks like Pat Flynn of Smart Passive Income utilize Teachable to sell 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 coaching for students all around 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 technician hassle 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 program.

The dashboard is the first thing a user would see after registering on the website. There you will see headers like users, websites, sales, emails, and courses. It’s pretty straightforward. It is a lot easier for the user to upload documents, review analytics, issue refunds, and communicate with students.

Customization

It is possible to incorporate as many tools as you need as Teachable’s list of partners is fairly extensive. You will also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.

Teachable offers a large choice of topics for your online course site that you can select to make an attractive landing page. All you have to do is upload the logos, text, images and choose color schemes to fit your business’ branding.

You have the option 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

It has all 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 periods.

You can offer 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 greater plans. It’s a good means 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 classes, their completion rates, and in which the students get stuck.

Teachable deals with tech and promotion for you so you don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.

Completion Certificates

To get 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 name 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 through Teachable Payments. With this, you do not need to get a 3rd party for payment processing.

You can select your payment money from a broad assortment of choices. You may also generate coupons and discount codes for students and affiliate codes. Teachable will handle 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 courses 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 begin creating your first course. Butif you have any additional queries, you can create a ticket. Usually, you’ll hear back from service within 24 hours. Professional Teachable clients have access to live chat support.

What Plans can I avail?

Teachable enables customers to choose one of three options: Basic, Pro, and company.

For those who want to dip their feet first and take a look at its features before committing, Teachable does offer a 14-day free trial.

All plans include unlimited video, courses, and hosting. It also has integrated payment processing, student 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 annual billing is chosen)

All the base features include unlimited students, class product, 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 yearly billing is selected)

Including all base attributes 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 annual billing is selected )

Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Should You Use Teachable?

Here are some things I do not like about Teachable now that I’ve talked about what I enjoyed about it:

  • No free plans.
  • Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
  • 5 percent transaction fees
  • There is a 5% transaction fee for those who opt for the Basic plan.
  • No phone support.
  • There’s no telephone number to contact for inquiries.

Why should you attempt 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 crowd. However, with Teachable, I found it fairly easy. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters .

You can teach how you want to learn by utilizing customization tools to personalize your content. Should You Use Teachable?

You don’t need to think about marketing. All you’ve got to worry about is making the content you wish to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and authors.

To Sum It Up

For complete beginners and busy entrepreneurs who wish to concentrate more on course production than the business’s tech and marketing aspect, Teachable is an approachable platform.

Teachable helps you turn the online courses you may make on any subject you love into a company. Why not start now?

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Frequently Asked Questions: Should You Use Teachable?

What’s 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 don’t need a credit card for 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 can receive payouts directly to their own banks based on the payment scheme set from the principal school owner. It can be carried out in the Settings > Payments section of their school admin. Payouts can be set daily (on a 2-day business 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.

The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a much better fit for large organizations where multiple teachers are required to upload course materials.

Does Teachable charge any processing charges?

Yes. For any sale made via a credit card, debit card, and US Paypal account, it costs 2.9% plus 30 cents. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.

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