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 online learning platform with features he envisioned his courses and students would like after getting frustrated over the lack of direct accessibility to students some platforms needed.
In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Dimensions Hero Image Teachable
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an outstanding platform for complete beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or team member to perform it. Instead, you can concentrate more on course building.
Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we would like to take a slice out of the ever-growing demand.
It’s excellent for entrepreneurs, creators, and small business owners that want to make online courses to a potentially profitable business. Teachable is used by folks like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in courses and training for students all around the world as of now.
Here are some of the features I liked 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 business.
As stated earlier, 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 website. There you may see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. It is a lot 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’ll also find that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large choice of topics for your online course website which 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 option of inserting custom CSS or HTML into the Code Snippets region if you’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all 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 courses have performed in specific periods.
You can provide your students discounts should they choose to obtain another course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It’s a good way of increasing conversions.
In regards to student monitoring, you can check student enrollment and engagement. 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 do not need to worry about tracking student and sales insights with their comprehensive dashboards.
You’d need a Pro or Business Plan to get this feature. 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 course. 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).
You do not need to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You can select your payment currency 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 a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you start creating your first class. You can create a ticket if you have any additional queries. Usually, you’ll hear back from service within 24 hours. Professional Teachable clients have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose one of 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 chosen)
Each of the base features include unlimited students, class product, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need to pay the monthly fee along with a 5% transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is chosen)
Including 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 annual billing is chosen)
Including everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Dimensions Hero Image Teachable
Here are some things I don’t like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable doesn’t have a totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There is no telephone 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’ve had many a day being very confused about the bunch. However, with Teachable, I found it reasonably simple. It does take a while to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters .
You can teach how you want to know by utilizing customization tools to personalize your content. Dimensions Hero Image Teachable
You don’t need to worry about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and writers. So all you’ve got to worry about is creating the content that you want 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.
You may make your online course on any topic you love, and Teachable helps you turn that into a company. Why not start today?
Frequently Asked Questions: Dimensions Hero Image Teachable
Teachable is an online learning platform which helps users create and sell 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 can 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 own banks dependent on the payment scheme set from the principal school owner. It can be carried out in the Settings > 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. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many people. 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 needed to upload course materials.
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% plus 30 cents.