Teachable is the platform for you if you are an entrepreneur or content creator searching for a way to transform knowledge into income.
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 online learning platform with features that he envisioned his classes and students would like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources state 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Comparison Review Of Thinkific And Teachable
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to perform it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Instead, you can concentrate more on course construction.
Who Uses Teachable?
We can not deny that we would like to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
It’s ideal for entrepreneurs, founders, and small business owners that want to make online courses to a potentially profitable business. Individuals like Pat Flynn of Smart Passive Income utilize Teachable to market their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in courses and training for students all over the world as of now.
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. 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 will see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communication with students becomes easier for the user.
It is possible to integrate as many tools as you want as Teachable’s list of partners is fairly extensive. You’ll 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 attractive 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 option of inserting custom CSS or HTML to the Code Snippets region 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’d need while trying to analyze your course sales. You can see how well your courses have performed in specific phases.
For greater plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they decide to buy a second course. It is a fantastic means of increasing conversions.
You can check student enrollment and engagement in regards to student monitoring. You will receive reports on how your students interact with your classes, their completion rates, and where the students get stuck.
Teachable deals with tech and marketing for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
To access 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 like logo, colour scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Teachable comes with its in-built payment processing through Teachable Payments. With this, you don’t have to get a 3rd party for payment processing.
You can choose your payment money from a broad assortment of choices. You may even 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 choice 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 an extensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first course. You can create a ticket if you have any additional questions. Usually, you’ll hear back from support within one day. Professional Teachable customers 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 want to dip their feet first and take a look at its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, fundamental quizzes, no fees on free courses, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if annual billing is selected )
All 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 selected)
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 annual billing is chosen)
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Comparison Review Of Thinkific And Teachable
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 totally free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5% transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy person 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 fairly simple. Comparable to a duck testing the waters , It does take a while to explore the web site, its features, and test stuff out.
You can teach how you want to learn by using customization tools to personalize your content. Comparison Review Of Thinkific And Teachable
You don’t need to think about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you’ve got to worry about is making the content you want to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to concentrate more on course production than the business’s tech and marketing aspect, Teachable is an approachable platform.
You can create your online course on any topic you love, and Teachable helps you turn that into a company. Why not start now?
Frequently Asked Questions: Comparison Review Of Thinkific And Teachable
What is Teachable?
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable at No Cost?
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 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 banks based on the payment scheme set out by the primary school owner. It can be done from 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. But, many people opt for Teachable’s more popular Pro Plan at $119/month or $99/month if yearly billing is determined. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is a much better fit for large organizations where multiple instructors are needed 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 costs 2.9% plus 30 cents. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.