Teachable is the platform for you if you are 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 called Fedora. Nagpal, a class builder himself, decided to create his online learning platform with characteristics he envisioned his classes and students would enjoy after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources say that Hotsmart obtained Teachable for about $250M.
Before you continue, 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 the article for a more comprehensive review of Teachable.
In A Nutshell Truman Madsen Joseph Smith Woman Teachable
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to perform it. Alternatively, you can focus more on course construction.
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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.
Entrepreneurs, founders, and small business owners who wish to make online courses to a potentially lucrative business will find using Teachables to be excellent. Individuals like Pat Flynn of Smart Passive Income use Teachable 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 creators sold over $1 billion in courses and training 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 simplicity of use. Going around and operating the course will be found easy by tech beginners.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
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 with their power editor.
Users can select to create an attractive landing page with Teachable’s large choice of themes for your online course website. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
You have the choice of inserting custom CSS or HTML into the Code Snippets region if you are an advanced user.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path sales, Teachables has all the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific periods.
You can provide your pupils discounts should they decide to obtain another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It’s a good way of increasing conversions.
You can check student registration and engagement in regards to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
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 name of the program. You may change aspects of your certificate like logo, color scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Payment Options
You do not need to find a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You may choose your payment currency 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 courses 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 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 class. You can create a ticket if you have any additional queries. Normally, you’ll hear back from support 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 Business.
While Teachable does not have a free version, it does offer a 14-day free trial for those who wish to dip their toes first and check out its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil management, lecture comments, fundamental quizzes, no fees on free classes, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if yearly billing is chosen)
All the base features include unlimited students, course merchandise, coaching product, a members-only community, automatic 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 chosen)
This includes all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Truman Madsen Joseph Smith Woman Teachable
Here are a few things I do not like about Teachable now that I’ve talked about what I liked about it:
- No free plans.
- Teachable does not have a free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There is no phone number to contact for inquiries.
Why should you attempt it?
I am 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. However, with Teachable, I found it fairly easy. Comparable to a duck testing the waters , It does take some time to explore the web site, its features, and test stuff out.
You can teach how you would like to know by using customization tools to personalize your content. Truman Madsen Joseph Smith Woman Teachable
You don’t need to think about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and authors. So all you’ve got to worry about is creating the content that you wish to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s tech and marketing aspect.
Teachable helps you turn the online courses you can create on any topic you love into a business. Why not start today?
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Frequently Asked Questions: Truman Madsen Joseph Smith Woman Teachable
What’s Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable at No Cost?
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 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 out by the primary school owner. It can be carried out from 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. But, lots of people opt for Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that fit most of what their company needs.
For large organizations where multiple teachers are required 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 charges?
Yes. It costs 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% and 30c. International PayPal gets billed 4.4% and 30 cents.
