Using Teachable As A Membership Site

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Teachable is the platform for you if you’re an entrepreneur or content creator looking for a way to transform knowledge into earnings.

Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, grew frustrated over the lack of direct access to students some platforms had. He decided to create his online learning platform with characteristics that he envisioned his classes and students could enjoy.

In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.

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Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of Teachable.

In A Nutshell Using Teachable As A Membership Site

Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It’s 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 deals with your sales tracking, payment collections, and affiliates commissions. Alternatively, you can focus more on course building.

Using Teachable As A Membership Site

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Who Uses Teachable?

We can not 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 ideal for entrepreneurs, founders, and small business owners that want to create online courses to a potentially lucrative 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 founders sold over $1 billion in classes 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 hassle and more of being your partner-in-arms to a company.

As stated previously, Teachable prides itself on its ease 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 may see headers such as users, sites, sales, emails, and courses. It’s pretty straightforward. It is a lot easier for the user to upload documents, review analytics, issue refunds, and communicate with students.

Customization

Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you want. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.

Users can select to make an appealing landing page with Teachable’s large choice of topics for your online course website. All you’ve got 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 to the Code Snippets region 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 attempting to analyze your path 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 students discounts should they choose to buy another course. It is a good means of increasing conversions.

You can check student registration and engagement in regards to student monitoring. You will receive reports on how your students interact with your classes, their completion rates, and in which the students get stuck.

Teachable deals with tech and promotion for you so you do not need to worry about monitoring student and sales insights with their comprehensive dashboards.

Completion Certificates

You’d need a Pro or Business Plan to access 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 name 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

Teachable comes with its own refundable payment processing through Teachable Payments. With this, you do not have to get a 3rd party for payment processing.

You can choose your payment money from a wide assortment of choices. You can also 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 classes 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 will hear back from support within one day. Professional Teachable customers have access to live chat support.

What Plans can I avail?

Teachable allows customers to choose one of three options: Basic, Pro, and Business.

For people who want to dip their toes first and take a look at its features before committing, Teachable will offer a 14-day free trial.

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 chosen)

All 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 together with a 5% transaction fee on this plan.

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Pro ($119/month or $99/month if yearly billing is selected)

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 annual billing is selected )

This includes everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Using Teachable As A Membership Site

Here are a few things I don’t 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’s a 5 percent 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 try it?

I’m not the most tech-savvy man out there. Far from it, actually. I have had many a day being very confused about the crowd. However, with Teachable, I found it reasonably simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters first.

You can teach how you want to learn by using customization tools to personalize your content. Using Teachable As A Membership Site

You don’t need to think about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you have to worry about is making the content you want to sell.

To Sum It Up

For complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s tech and marketing aspect, Teachable is an approachable platform.

Teachable helps you turn the online courses you may make on any topic you love into a business. Why not start today?

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Frequently Asked Questions: Using Teachable As A Membership Site

What is 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 do not need a credit card because of this. There’s absolutely not any free trial for Basic and Business Plans. You can add up to ten students to complete courses.

How do 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 based on the payment scheme set from 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 company 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 yearly billing is chosen. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is set is more opted by lots of people. It has more features that match most of what their company needs.

For large organizations where multiple instructors 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 account. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.

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