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 course builder himself, grew frustrated over the lack of direct access to students some platforms needed. So, he decided to create his own online learning platform with features that he envisioned his classes and students would enjoy.
In 2020, sources state that Hotsmart acquired Teachable for approximately $250M.
Before you go on, 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 our article for a more comprehensive review.
In A Nutshell Teachable Custom Domain
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an excellent platform for beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to perform it. Instead, you can focus more on course construction.
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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 fast and booming industry of online learning.
It’s ideal for entrepreneurs, creators, and small business owners who want to create online courses to a potentially lucrative business. Folks like Pat Flynn of Smart Passive Income utilize Teachable to sell their courses to students.
You also have enterprises such as 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 around the world.
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 previously, Teachable prides itself on its ease of use. Tech beginners 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 is pretty straightforward. It is a lot easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Customization
You can integrate as many tools as you need as Teachable’s list of partners is fairly extensive. You’ll also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large selection of topics for your online course website that you can select to create an appealing landing page. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you are an advanced user, you have the option of inserting custom CSS or HTML to 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’d need while attempting to analyze your course sales. You can see how well your courses have performed in specific periods.
For greater plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your pupils discounts should they decide to obtain another course. It’s a fantastic way of increasing conversions.
You can check student enrollment and engagement in regards to student monitoring. You’ll get reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
You do not need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
Completion Certificates
You would need a Pro or Business Plan to get this feature. 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 such as logo, colour scheme, and preset pictures. 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 need to find a 3rd party for payment processing.
You can select your payment money from a wide range of choices. You may 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 courses 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 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 queries. Normally, you will hear back from service within one day. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable allows 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 want to dip their toes first and take a look at its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, student 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 yearly billing is selected )
Each of the base features include unlimited students, course product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need to pay the monthly fee along with a 5% transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is chosen)
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 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. Teachable Custom Domain
Here are a few things I don’t like about Teachable now that I have talked about what I liked about it:
- No free plans.
- Teachable does not have a free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone 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’ve had many a day being the most confused about the crowd. But with Teachable, I found it reasonably simple. Akin to a duck testing the waters first, It does take a while to explore the website, its features, and test stuff out.
You can teach the way you would like to know by using customization tools to personalize your content. Teachable Custom Domain
You don’t have to think about marketing. All you have to worry about is creating the content you wish to sell since Teachable has built-in features to look after taxes, payouts, 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.
You may make 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: Teachable Custom Domain
What’s Teachable?
Teachable is an online learning platform which helps users create and sell their courses.
Can I use Teachable for free?
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 do not need a credit card for 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 primary 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 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 yearly billing is determined is more opted by lots of individuals. It has more features that fit most of what their business needs.
For large organizations where multiple instructors are needed to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Does Teachable charge any processing fees?
Yes. For any sale made through a credit card, debit card, and US Paypal account, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.
