If you’re 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 called Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms had. So, he decided to create his own online learning platform with features he envisioned his classes and students would enjoy.
In 2020, sources state that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Teachable Wird
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an outstanding platform for complete beginners. You don’t need to have a virtual assistant or group member to perform it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Alternatively, you can focus more on course building.
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Who Uses Teachable?
We can’t deny that we would like to take a slice from the ever-growing demand from the fast and booming industry of online learning.
It’s excellent for entrepreneurs, creators, and small business owners who want to make online courses to a potentially profitable business. Folks like Pat Flynn of Smart Passive Income use Teachable to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 creators sold over $1 billion in classes and coaching for students all over 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 hassle and more of being your partner-in-arms to a company.
As stated previously, Teachable prides itself on its simplicity of use. Tech novices 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 such as users, sites, sales, emails, and classes. It is 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.
Users can select to create an appealing landing page with Teachable’s large selection of topics for your online course site. 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 Area if you’re an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your path sales, Teachables has all the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your classes have performed in specific phases.
You can offer your students 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 way of increasing conversions.
In regards to student monitoring, 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 sales and student insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.
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 course. You may change elements 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 do not need to get a 3rd party for payment processing.
You may choose your payment money from a broad range of choices. You can even 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.
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 support 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 course. But, if you have any additional questions, you can create a ticket. Usually, you will hear back from support within one day. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose one of three options: Basic, Pro, and Business.
While Teachable does not have a free version, it will offer a 14-day free trial for people who want to dip their feet first and check out its features before committing.
All plans include unlimited video, courses, and hosting. It also 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 )
All the base features include unlimited students, course 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% transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is selected)
This includes 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 yearly billing is chosen)
Including 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 Wird
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 totally 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 queries.
Why should you try it?
I’m not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being the most confused about the bunch. But with Teachable, I found it reasonably simple. It does take a while to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach the way you would like to learn by using customization tools to personalize your content. Teachable Wird
You don’t have to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and writers. So all you’ve got to worry about is creating the content that you want to sell.
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 technology and marketing aspect.
You can create your online course on any topic you love, and Teachable helps you turn that into a business. Why not start now?
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Frequently Asked Questions: Teachable Wird
What’s Teachable?
Teachable is an online learning platform which helps users create and market 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’s absolutely 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 may receive payouts directly to their banks dependent on the payment scheme set from the principal school owner. It can be carried out from 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 annual billing is determined is more opted by many people. It has more features that match most of what their business needs.
For large organizations where multiple teachers are required to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Does Teachable charge any processing fees?
Yes. It charges 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.
