Teachable is the platform for you if you’re an entrepreneur or content creator searching 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 course builder himself, decided to create his own online learning platform with features he envisioned his courses and students would enjoy after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources state that Hotsmart obtained 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. After, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Courses Made On Teachable Example
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface that makes it an outstanding platform for beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or team member to do it. Instead, you can focus more on course construction.
Who Uses Teachable?
We can’t deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, founders, and small business owners that want to make online courses to a potentially lucrative business will find using Teachables to be very excellent. Individuals like Pat Flynn of Smart Passive Income use Teachable to sell 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 founders sold over $1 billion in courses and training for students all over the world.
Here are some of the features I enjoyed in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech 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 course will be found easy by tech beginners.
When you register on the website, it leads you to the dashboard. There you will see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
It is possible to incorporate as many tools as you need as Teachable’s list of partners is fairly extensive. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large selection of themes for your online course website that you can select to create an appealing landing page. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you are an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets Area.
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 trying to analyze your course sales. You can see how well your courses have performed in specific periods.
You can offer your students discounts should they decide to obtain another course when you get access to advanced sales features like one-click upsells and packages from availing greater plans. It is a fantastic means 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 classes, their completion rates, and in which the students get stuck.
You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
To get 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 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 need to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You may select your payment currency from a broad assortment 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 option of charging your classes 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 service 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 will hear back from support within 24 hours. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable enables 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 people who wish to dip their feet 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, basic quizzes, no fees on free classes, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if yearly billing is selected )
Each of the base features include unlimited students, course product, coaching 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.
Pro ($119/month or $99/month if yearly 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 roles, innovative theme customization, and group coaching calls. Courses Made On Teachable Example
Here are a few things I do not like about Teachable now that I have talked about what I liked about it:
- No free plans.
- Teachable does not have a 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 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 crowd. But with Teachable, I found it fairly simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you would like to learn by using customization tools to personalize your content. Courses Made On Teachable Example
You don’t have to think about marketing. Teachable has built-in features to take care of 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
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s tech 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: Courses Made On Teachable Example
Teachable is an online learning platform that helps users make and market their courses.
Can I use Teachable at No Cost?
There is 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 because of this. There is 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 can receive payouts directly to their banks dependent on the payment scheme set from the primary school owner. It can be done 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 yearly billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined is more opted by lots of individuals. It has more features that fit 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 instructors are required to upload course materials.
Does Teachable charge any processing fees?
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 charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.