If you’re an entrepreneur or content creator searching 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 class builder himself, decided to create his own online learning platform with characteristics 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 watch this video by Robert C. Brown on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Creat A Course On Teachable
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an excellent platform for beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or group member to perform it. 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 wish to make online courses into a potentially profitable business. Teachable is utilized 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 this moment, more than 100,000 creators sold over $1 billion in classes and coaching 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 business.
As stated earlier, Teachable prides itself on its simplicity of use. Tech novices will find it easy to go around and operate the course.
The dashboard is the first thing a user would see after registering on the website. There you will see headers like users, websites, sales, emails, and classes. It is pretty straightforward. It is easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you need. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to create an attractive landing page with Teachable’s large selection of topics for your online course site. 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 choice of inserting custom CSS or HTML to 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 path sales. You can see how well your courses 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 higher plans. It’s a fantastic means of increasing conversions.
In regards to student tracking, you can check student registration 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 technology and marketing for you so you don’t need to worry about monitoring student and sales 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 name of the program. You may change elements 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).
Teachable comes with its in-built payment processing via Teachable Payments. With this, you do not need to find a 3rd party for payment processing.
You may select your payment money from a broad range of choices. You may even 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 option of charging your courses as one-time purchases, monthly payments, or as a subscription.
The support is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first course. You can create a ticket if you have any additional queries. 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 enables customers to choose among three options: Basic, Pro, and Business.
For those who wish to dip their feet first and take a look at its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. It also 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 chosen)
Each of the base features include unlimited students, course product, training 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 percent transaction fee on this plan.
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 course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is chosen)
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Creat A Course On Teachable
Here are some things I don’t like about Teachable now that I’ve talked about what I liked about it:
- 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% transaction fee for those who opt for the Basic plan.
- No phone support.
- There is no telephone number to contact for queries.
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 very confused about the bunch. However, with Teachable, I found it fairly simple. Comparable to a duck testing the waters first, It does take a while to explore the website, its features, and test stuff out.
You can teach how you would like to learn by utilizing customization tools to personalize your content. Creat A Course On Teachable
You don’t need to worry about marketing. All you have to worry about is creating the content you want 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 concentrate more on course creation than the business’s tech and marketing aspect.
Teachable helps you turn the online courses you can create on any topic you love into a business. Why not start now?
Frequently Asked Questions: Creat A Course On Teachable
What is Teachable?
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable for free?
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 as well as PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set out by the principal school owner. It can be carried out in the Preferences > 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, many individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that match most of what their business needs.
For large organizations where multiple teachers are needed to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
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 accounts. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.