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) 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 features that he envisioned his courses and students would like after getting frustrated over the lack of direct accessibility to students some platforms had.
In 2020, sources state that Hotsmart obtained Teachable for about $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell Asana Teachable
Teachable allows one to create and sell online classes and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an excellent platform for beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to do it. Alternatively, you can concentrate more on course construction.
Who Uses Teachable?
We can not 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 want to create online courses into a potentially profitable business will find using Teachables to be very ideal. Folks like Pat Flynn of Smart Passive Income utilize Teachable to market 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 classes and coaching 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 technician hassle 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 will see headers like users, sites, sales, emails, and classes. It’s pretty straightforward. It is easier for the user to upload documents, 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 pretty extensive. You’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large choice of themes for your online course site that you can select to create an attractive landing page. All you’ve got 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 choice of inserting custom CSS or HTML into the Code Snippets region.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your course sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific periods.
For greater 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 obtain a second course. It is a good way of increasing conversions.
You can check student enrollment and engagement when it comes to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You don’t need to worry about tracking sales and student insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
You’d need a Pro or Business Plan to get this feature. 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 course. You may change aspects of your certificate such as logo, color scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You don’t have to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You may choose your payment currency from a wide range of choices. You can even 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 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.
The support is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you start creating your first course. Butif you have any additional questions, you can create a ticket. Normally, you’ll hear back from support within one day. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and Business.
For people who wish to dip their feet first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, pupil 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 selected )
Each of the base features include unlimited students, class merchandise, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need 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)
Including 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 annual billing is chosen)
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. Asana Teachable
Now that I have talked about what I liked about Teachable, here are some 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’s a 5% 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 attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I have had many a day being the most confused about the bunch. But with Teachable, I found it reasonably easy. It does take a while to explore the website, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach the way you would like to know by using customization tools to personalize your content. Asana Teachable
You don’t have to think about marketing. Teachable has built-in features to look after taxes, payouts, affiliates, and writers. So all you have to worry about is creating the content that 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 subject you love into a business. Why not start today?
Frequently Asked Questions: Asana Teachable
What is Teachable?
Teachable is an online learning platform that helps users make and sell their courses.
Can I use Teachable at No Cost?
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 do Teachable payments work?
Teachable uses Stripe express to process credit/debit card transactions in addition to 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 Settings > 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 annual billing is chosen. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many people. It has more features that match most of what their business needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is a better fit for large organizations where multiple instructors are required to upload course materials.
Does Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it charges 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.