If you are an entrepreneur or content creator searching for a way to transform knowledge into earnings, 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, decided to create his online learning platform with characteristics he envisioned his courses and students could like after getting frustrated over the lack of direct accessibility to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for approximately $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell What Is A Teachable
Teachable allows one to make and sell online courses 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 team member to do it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Instead, you can focus more on course construction.
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Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we want to take a slice from the ever-growing demand.
It’s excellent for entrepreneurs, creators, and small business owners who want to create online courses to a potentially profitable business. Folks like Pat Flynn of Smart Passive Income utilize Teachable to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in courses and training for students all around the world as of this moment.
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 business.
As mentioned earlier, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.
When you register on the website, it leads you to the dashboard. There you will see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
Customization
It is possible to incorporate 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.
Users can select to create an appealing landing page with Teachable’s large choice of themes for your online course website. All you have to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you’re an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets region.
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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 would need while attempting to analyze your path sales. You can see how well your classes have performed in specific periods.
You can offer your pupils discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and packages from availing greater plans. It is a good means of increasing conversions.
You can check student enrollment and engagement in regards to student tracking. 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 sales and student insights with their comprehensive dashboards.
Completion Certificates
To access 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 course. You may change elements of your certificate such as 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
Teachable comes with its own refundable payment processing through Teachable Payments. With this, you don’t have to get a 3rd party for payment processing.
You can select your payment currency from a wide 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 students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the option of charging your courses 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 might ask as you begin creating your first class. Butif you have any additional questions, you can create a ticket. Usually, you will hear back from support within 24 hours. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and company.
For those who wish to dip their toes first and check out 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, 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 selected )
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 have to pay the monthly fee along with a 5 percent transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is selected)
This includes all base features 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)
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. What Is A Teachable
Now that I have talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable does not have a free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5% transaction fee for people 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 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 fairly simple. Akin to a duck testing the waters first, It does take some time to explore the web site, its features, and test stuff out.
You can teach the way you want to know by utilizing customization tools to personalize your content. What Is A Teachable
You don’t have to think about marketing. All you have to worry about is creating the content that you want to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and writers.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s technology and marketing aspect.
Teachable helps you turn the online courses you can create on any subject you love into a company. Why not start today?
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Frequently Asked Questions: What Is A Teachable
What’s Teachable?
Teachable is an online learning platform which helps users create and market their courses.
Can I use Teachable for free?
There’s 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 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 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 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 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, many 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 yearly billing is chosen. This would be a better fit for large organizations where multiple teachers are needed to upload course materials.
Can Teachable charge any processing fees?
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 charged 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.
