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, decided to create his online learning platform with features that he envisioned his courses and students could like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for approximately $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 our article for a more comprehensive review of Teachable.
In A Nutshell Be Teachable Quote
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. You don’t have to have a virtual assistant or group member to perform it because it already deals with your sales monitoring, payment collections, and affiliates commissions. Alternatively, you can focus more on course construction.
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 that wish to create online courses into a potentially lucrative business will find using Teachables to be ideal. Individuals like Pat Flynn of Smart Passive Income use Teachable to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in classes and coaching 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 technician headache and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.
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 courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
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 you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large choice of topics for your online course website which 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.
You have the option of inserting custom CSS or HTML to the Code Snippets Area if you are an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your courses have performed in specific phases.
You can provide your students discounts should they decide to obtain another course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It’s a fantastic means of increasing conversions.
You can check student enrollment and engagement in regards to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with tech and marketing 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 program. You may change aspects of your certificate such as logo, colour scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You don’t need to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You may select your payment currency from a broad assortment of choices. You can 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 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 an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first course. Butif you have any additional queries, you can create a ticket. Normally, you will 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 among three options: Basic, Pro, and company.
While Teachable doesn’t have a free version, it does offer a 14-day free trial for people who wish to dip their feet first and take a look at its features before committing.
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 annual billing is chosen)
Each of the base features include unlimited students, course merchandise, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need to pay the monthly fee together with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is selected)
This includes all base attributes 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 selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. Be Teachable Quote
Now that I’ve talked about what I liked about Teachable, here are a few things I do not like:
- No free plans.
- Teachable doesn’t have a 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’s no telephone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being the most confused about the bunch. However, with Teachable, I found it fairly easy. Comparable to a duck testing the waters first, It does take some time to explore the website, its features, and test stuff out.
You can teach the way you want to learn by using customization tools to personalize your content. Be Teachable Quote
You don’t need to think about marketing. All you’ve got to worry about is making the content you want to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and authors.
To Sum It Up
For complete beginners and busy entrepreneurs who want to concentrate more on course creation than the business’s tech and marketing aspect, Teachable is an approachable platform.
You may make your online course on any subject you love, and Teachable helps you turn that into a business. Why not start today?
Frequently Asked Questions: Be Teachable Quote
What is Teachable?
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable for free?
There’s 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 for 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 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 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, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is set. 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 would be a much better fit for large organizations where multiple teachers are required to upload course materials.
Can Teachable charge any processing fees?
Yes. It charges 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% and 30 cents.