Teachable is the platform for you if you are an entrepreneur or content creator looking for a way to transform knowledge into income.
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 characteristics that 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 about $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Coming Up Roses Teachable
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an outstanding platform for complete beginners. It deals with your sales tracking, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or team member to do it. Alternatively, you can focus more on course building.
Who Uses Teachable?
We can’t deny that online learning is a quick and booming industry. And we would like to take a slice from the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners who wish to make online courses into a potentially profitable business. Teachable is used by individuals like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 founders sold over $1 billion in classes and training for students all around the world.
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 earlier, Teachable prides itself on its simplicity of use. Going around and operating the course will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the website. There you will see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
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 selection of topics for your online course site that you can select to make an appealing landing page. All you have 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’re 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 path sales. 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 decide to obtain another course. It’s a good way of increasing conversions.
When it comes to student tracking, you can check student enrollment and engagement. You’ll get reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
Teachable deals with tech and marketing for you so you do not need to worry about tracking sales and student insights with their comprehensive dashboards.
To get 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 title of the program. You may change elements of your certificate like 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 have to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You can select your payment currency from a broad range of choices. You may also create 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.
Your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your courses as one-time purchases, monthly payments, or as a subscription.
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. But, if you have any additional questions, you can create a ticket. Normally, you will hear back from support within 24 hours. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and Business.
While Teachable doesn’t have a free version, it will offer a 14-day free trial for those who wish to dip their toes first and check out its features before committing.
All plans include unlimited video, classes, and hosting. It also 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 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 have to pay the monthly fee along with a 5% transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is chosen)
Including 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 annual billing is selected )
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. Coming Up Roses Teachable
Now that I have talked about what I enjoyed about Teachable, here are some things I do not like:
- No free plans.
- Teachable does not have a totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5 percent transaction fee for people who opt for the Basic plan.
- No phone service.
- There’s no telephone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being the most confused about the bunch. But with Teachable, I found it reasonably simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach how you would like to learn by using customization tools to personalize your content. Coming Up Roses Teachable
You don’t need 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 technology and marketing aspect.
You can create your online course on any subject you love, and Teachable helps you turn that into a company. Why not start today?
Frequently Asked Questions: Coming Up Roses Teachable
Teachable is an online learning platform that helps users create and market their courses.
Can I use Teachable for free?
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 don’t need a credit card because of this. There is 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 own banks based on the payment scheme set out by the principal school owner. It can be carried out from the Preferences > Payments section of their 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 people opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is determined. It has more features that match 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 required to upload course materials.
Does Teachable charge any processing charges?
Yes. For any sale made through a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.