Cost To Use Teachable

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If you’re an entrepreneur or content creator looking 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, grew frustrated over the lack of direct access to students some platforms had. So, he decided to create his online learning platform with characteristics that he envisioned his courses and students could enjoy.

In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.

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Before you continue, you may want to watch 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 Cost To Use Teachable

Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It’s a simple and intuitive interface which makes it an outstanding platform for 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 perform it. Instead, you can focus more on course building.

Cost To Use Teachable

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Who Uses Teachable?

We can’t deny that online learning is a quick and booming industry. And we would like to take a slice out of the ever-growing demand.

Entrepreneurs, creators, and small business owners that wish to make online courses to a potentially lucrative business will find using Teachables to be excellent. Teachable is used by folks 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.

As of now, more than 100,000 creators sold over $1 billion in courses 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 headache and more of being your partner-in-arms to a company.

As stated earlier, Teachable prides itself on its simplicity of use. Tech beginners will find it easy to go around and operate the course.

When you register on the website, it leads you to the dashboard. There you will see headers like users, websites, 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.

Customization

You can integrate as many tools as you need as Teachable’s list of partners is pretty 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 themes for your online course site which you can select to make an appealing landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.

You have the choice of inserting custom CSS or HTML into the Code Snippets region if you’re an advanced user.

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Marketing, Student Tracking Tools, and Analytics Capabilities

It has all the necessary and essential sales tracking and analytics tools that you’d need while trying to analyze your path sales. You can see how well your classes have performed in specific periods.

You can offer your students discounts should they decide to obtain a second course when you get access to advanced sales features like one-click upsells and packages from availing greater plans. It is a fantastic way of increasing conversions.

You can check student enrollment and engagement when it comes to student monitoring. You’ll get reports on how your students interact with your classes, their completion rates, and where the students get stuck.

You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.

Completion Certificates

To access this feature, you’d need a Pro or Business Plan. The course 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).

Payment Options

You do not need to find a 3rd party for payment processing as Teachable comes with its in-built payment processing through Teachable Payments.

You can choose your payment money from a wide range of choices. You may even generate 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 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.

Customer Support

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 queries, you can create a ticket. Usually, you’ll hear back from service within 24 hours. Professional Teachable customers have access to live chat support.

What Plans can I avail?

Teachable allows customers to choose among three options: Basic, Pro, and Business.

For those 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, courses, 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 yearly billing is chosen)

All the base features include unlimited students, course product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have to pay the monthly fee together with a 5% transaction fee on this plan.

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Pro ($119/month or $99/month if yearly 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 annual billing is chosen)

This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, innovative theme customization, and group coaching calls. Cost To Use Teachable

Here are some things I do not like about Teachable now that I have talked about what I enjoyed about it:

  • No free plans.
  • Teachable does not have a totally free plan. But, it does offer a 14-day trial.
  • 5% transaction fees
  • There is a 5 percent transaction fee for people who opt for the Basic plan.
  • No phone service.
  • There’s no phone number to contact for queries.

Why should you try 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 reasonably easy. It does take a while to explore the website, its features, and test stuff out. Comparable to a duck testing the waters first.

You can teach the way you want to know by using customization tools to personalize your content. Cost To Use Teachable

You don’t need to worry about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you’ve got to worry about is creating the content that you wish to sell.

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.

Teachable helps you turn the online courses you can create on any subject you love into a company. Why not start today?

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Frequently Asked Questions: Cost To Use Teachable

What is Teachable?

Teachable is an online learning platform that helps users create and market 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 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 dependent on the payment scheme set out by the primary school owner. It can be done in the Preferences > Payments section of the 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, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that fit most of what their company needs.

For large organizations where multiple teachers are needed to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.

Can Teachable charge any processing fees?

Yes. It costs 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal accounts. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.

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