If you are an entrepreneur or content creator searching for a way to transform knowledge into income, 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 course builder himself, decided to create his own online learning platform with characteristics he envisioned his classes and students could like 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 go on, 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 our article for a more comprehensive review.
In A Nutshell Adrienne Dorison Teachable Replay
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or group member to perform it. Instead, you can concentrate more on course building.
Who Uses Teachable?
We can not deny that we want 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 want to create online courses into a potentially lucrative business will find using Teachables to be very 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 mentioned previously, Teachable prides itself on its ease of use. Tech beginners will find it easy to go around and operate the program.
When you register on the website, it leads you to the dashboard. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
Teachable’s list of partners is fairly extensive making it possible to incorporate as many tools as you need. 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 themes for your online course site. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you are an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets region.
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 course sales. You can see how well your courses have performed in specific phases.
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 packages from availing greater plans. It is a fantastic means of increasing conversions.
In regards to student tracking, you can check student enrollment and engagement. 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 technology and promotion for you so you don’t need to worry about monitoring sales and student insights with their comprehensive dashboards.
To get this feature, you’d 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 title of the program. You may change aspects 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).
You don’t need to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You can choose your payment currency from a wide range of choices. You may also generate 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 courses 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 an extensive 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. Usually, you’ll hear back from service within one day. 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 Business.
While Teachable doesn’t have a free version, it does offer a 14-day free trial for people who want to dip their toes first and take a look at its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil 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, class 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.
Pro ($119/month or $99/month if annual billing is chosen)
This includes all base features 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 yearly billing is selected )
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. Adrienne Dorison Teachable Replay
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 free plan. However, it does offer a 14-day trial.
- 5 percent 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 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 bunch. However, with Teachable, I found it fairly simple. Akin to a duck testing the waters first, It does take a while 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. Adrienne Dorison Teachable Replay
You don’t have to worry about marketing. All you have to worry about is making the content you wish to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and authors.
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.
You can create your online course on any topic you love, and Teachable helps you turn that into a business. Why not start today?
Frequently Asked Questions: Adrienne Dorison Teachable Replay
What is Teachable?
Teachable is an online learning platform which helps users create and sell 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 don’t need a credit card because of this. There’s absolutely no 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 in addition to PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set from the primary school owner. It can be done from the Preferences > Payments section of their 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. But, many individuals opt for Teachable’s more popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that match most of what their business 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. For any sale made through a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.