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) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a class builder himself, decided to create his own online learning platform with features he envisioned his courses and students would like after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources say that Hotsmart obtained Teachable for about $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Faithful Available Teachable Book
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to do it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Instead, you can focus more on course construction.
Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we would like to take a slice out of the ever-growing demand.
Entrepreneurs, founders, and small business owners who want to make online courses into a potentially lucrative business will find using Teachables to be excellent. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in classes 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 tech headache and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its simplicity of use. Going around and operating the course 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 courses. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
You can incorporate as many tools as you want as Teachable’s list of partners is fairly extensive. You’ll 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 website 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.
If you are an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets region.
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 attempting to analyze your course sales. You can see how well your courses have performed in specific phases.
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.
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 tech and marketing for you so you do not 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 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 do not have to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You can choose your payment currency from a broad range of choices. You may also generate 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.
You have the choice of charging your courses 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 service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first class. Butif you have any additional questions, you can create a ticket. Normally, you’ll hear back from support within one day. Professional Teachable clients 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 does not have a free version, it does offer a 14-day free trial for people 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 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, class merchandise, training 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 percent transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is selected)
Including all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is chosen)
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, innovative theme customization, and group coaching calls. Faithful Available Teachable Book
Now that I’ve talked about what I liked about Teachable, here are some things I do not like:
- No free plans.
- Teachable does not have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for queries.
Why should you try it?
I am not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the bunch. However, with Teachable, I found it reasonably easy. It does take some time to explore the web site, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you want to learn by using customization tools to personalize your content. Faithful Available Teachable Book
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
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to concentrate more on course production than the business’s technology and marketing aspect.
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: Faithful Available Teachable Book
Teachable is an online learning platform which 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 for 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 may receive payouts directly to their own banks dependent on the payment scheme set out by the principal school owner. It can be done in 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. However, Teachable’s Pro Plan at $119/month or $99/month if yearly billing is determined is more opted by lots of people. It has more features that fit most of what their company needs.
For large organizations where multiple instructors 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.
Does 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 account. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% plus 30 cents.