If you are an entrepreneur or content creator searching 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 features he envisioned his classes and students could enjoy after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources say that Hotsmart acquired 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable Featured Courses
Teachable allows one to create and sell online classes and coaching 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 monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to do it. Instead, you can focus more on course construction.
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Who Uses Teachable?
We can’t deny that online learning is a quick and booming industry. And we want to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who wish to make online courses to a potentially profitable business will find using Teachables to be very ideal. Teachable is utilized by folks 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.
As of this moment, more than 100,000 creators sold over $1 billion in courses and coaching for students all around the world.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a technician headache and more of being your partner-in-arms to a company.
As mentioned earlier, Teachable prides itself on its simplicity of use. Tech beginners will find it easy to go around and operate the program.
When you register on the site, it leads you to the dashboard. There you may see headers like users, websites, sales, emails, and classes. It’s 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 want 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 create an attractive landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
You have the option of inserting custom CSS or HTML into the Code Snippets Area 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’d need while trying to analyze your course sales. You can see how well your courses have performed in specific phases.
For higher plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your pupils discounts should they choose to obtain a second course. It is 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 courses, their completion rates, and in which the students get stuck.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.
Completion Certificates
To get this feature, you would 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 aspects of your certificate like 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
You do not have to get a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You may select your payment currency from a broad assortment of choices. You can even create 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 pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes 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 start creating your first course. You can create a ticket if you have any additional queries. Normally, you will hear back from support within one day. Professional Teachable clients have access to live chat service.
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 does offer a 14-day free trial for people who wish to dip their feet first and take a look at its features before committing.
All plans include unlimited video, classes, and hosting. It also 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, course merchandise, training product, a members-only community, automated 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 yearly billing is selected)
Including all base attributes 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 annual billing is chosen)
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Teachable Featured Courses
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. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There is no telephone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being very confused about the bunch. However, with Teachable, I found it reasonably easy. It does take a while to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach the way you would like to know by utilizing customization tools to personalize your content. Teachable Featured Courses
You don’t have to worry about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and writers. So all you have to worry about is creating the content you want to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to concentrate more on course creation 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 now?
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Frequently Asked Questions: Teachable Featured Courses
What’s Teachable?
Teachable is an online learning platform that helps users make and market 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 don’t 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 as well as PayPal payments. Owners can receive payouts directly to their banks based on the payment scheme set out by the primary school owner. It can be carried out in the Preferences > 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. But, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that fit most of what their business needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is a much better fit for large organizations where multiple instructors are required to upload course materials.
Can 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 account. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.
