Teachable is the platform for you if you are an entrepreneur or content creator searching for a way to transform knowledge into income.
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, decided to create his own online learning platform with characteristics that he envisioned his courses and students would like after getting frustrated over the lack of direct accessibility to students some platforms needed.
In 2020, sources state that Hotsmart obtained Teachable for about $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Unsubriscribe To Teachable
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an excellent platform for complete beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or group member to perform it. Alternatively, you can concentrate more on course construction.
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Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we want to take a slice out of the ever-growing demand.
Entrepreneurs, founders, and small business owners who wish to make online courses to a potentially lucrative business will find using Teachables to be very ideal. Individuals like Pat Flynn of Smart Passive Income use Teachable 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 founders sold over $1 billion in classes and training for students all over 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 business.
As stated previously, Teachable prides itself on its simplicity of use. Tech novices will find it easy to go around and operate the course.
The dashboard is the first thing a user would see after registering on the website. There you will see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
Customization
You can incorporate as many tools as you want as Teachable’s list of partners is pretty 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 which you can select to make an appealing 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 choice 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 of the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your course sales. You can see how well your courses have performed in specific periods.
You can offer your students discounts should they decide to obtain another course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It’s a good means of increasing conversions.
You can check student registration and engagement when it comes to student monitoring. 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 tracking sales and student 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 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 title of the course. 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
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 can select your payment currency from a broad assortment of choices. You can 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.
You have the option 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 service 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 class. But, if you have any additional queries, you can create a ticket. Usually, you’ll hear back from support within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and Business.
While Teachable doesn’t have a free version, it does 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. Additionally, it has integrated payment processing, student 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 annual billing is chosen)
All the base features include unlimited students, course product, 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 yearly billing is selected)
Including all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion class 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 roles, advanced theme customization, and group coaching calls. Unsubriscribe To Teachable
Now that I’ve talked about what I liked about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable does not have a totally 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’s no phone number to contact for queries.
Why should you try 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 crowd. However, with Teachable, I found it reasonably easy. Akin to a duck testing the waters , It does take a while to explore the website, its features, and test stuff out.
You can teach the way you want to learn by utilizing customization tools to personalize your content. Unsubriscribe To Teachable
You don’t have to think about marketing. All you have to worry about is creating the content that you wish to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and writers.
To Sum It Up
For complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s technology 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: Unsubriscribe To Teachable
What’s Teachable?
Teachable is an online learning platform which helps users make 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 because of 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 as well as PayPal payments. Owners may receive payouts directly to their own banks based on the payment scheme set from the primary school owner. It can be done 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 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 better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.
