If you’re 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) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, decided to create his online learning platform with features he envisioned his classes and students would like after getting frustrated over the lack of direct accessibility to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell A Disciple Is A Learner Open And Teachable Navigators
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface that makes it an outstanding platform for beginners. You don’t have to have a virtual assistant or group member to do it because it already deals with your sales monitoring, payment collections, and affiliates commissions. Alternatively, you can concentrate more on course building.
Who Uses Teachable?
We can not deny that we want to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, creators, and small business owners who wish to create online courses into a potentially profitable business will find using Teachables to be excellent. Teachable is used by individuals like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in classes and training for students all over the world as of this moment.
Here are some of the features I liked 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 stated previously, Teachable prides itself on its simplicity of use. Tech beginners will find it easy to go around and operate the program.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, sites, sales, emails, and classes. It’s pretty straightforward. It is easier for the user to upload files, review analytics, issue refunds, and communicate with students.
It is possible to integrate 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 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 Area if you are an advanced user.
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 attempting to analyze your course sales. You can see how well your classes have performed in specific phases.
You can provide your students discounts should they choose to buy a second course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It is a good way of increasing conversions.
You can check student registration and engagement when it comes to student monitoring. You’ll get 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 don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.
You’d 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 name of the course. You may change elements of your certificate like logo, colour scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You don’t have to find a 3rd party for payment processing as Teachable comes with its in-built payment processing through Teachable Payments.
You can choose your payment currency from a broad range of choices. You may also 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.
You have the option 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.
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. Butif you have any additional queries, you can create a ticket. Normally, you’ll hear back from service within 24 hours. 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 company.
While Teachable doesn’t have a free version, it does offer a 14-day free trial for those who want to dip their feet first and check out its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it 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, automatic sign-ups, and two admin-level users. You’ll have to pay the monthly fee along with a 5% transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is chosen)
This includes all base features 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 roles, innovative theme customization, and group coaching calls. A Disciple Is A Learner Open And Teachable Navigators
Here are a few things I do not like about Teachable now that I have talked about what I liked about it:
- No free plans.
- Teachable doesn’t have a totally free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone number to contact for inquiries.
Why should you try it?
I’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the bunch. But with Teachable, I found it reasonably simple. Comparable to a duck testing the waters , It does take a while to explore the website, its features, and test stuff out.
You can teach how you want to know by using customization tools to personalize your content. A Disciple Is A Learner Open And Teachable Navigators
You don’t have to think about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and writers. So all you have to worry about is making the content that you want 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 may make on any topic you love into a company. Why not start today?
Frequently Asked Questions: A Disciple Is A Learner Open And Teachable Navigators
What is Teachable?
Teachable is an online learning platform that helps users create and market 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 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 can receive payouts directly to their own banks based on the payment scheme set out by the principal school owner. It can be done from the Settings > 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 annual billing is chosen. But, many 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 instructors are needed 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 via a credit card, debit card, and US Paypal accounts. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.