If you’re an entrepreneur or content creator looking for a way to transform knowledge into earnings, 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 course builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. So, he decided to create his online learning platform with features that he envisioned his courses and students could enjoy.
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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
In A Nutshell How Pre Sell My Course On Teachable
Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an excellent platform for complete beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or group member to do it. Alternatively, you can focus more on course construction.
Who Uses Teachable?
We can’t deny that online learning is a quick and booming industry. And we would like to take a slice from the ever-growing demand.
It’s excellent for entrepreneurs, founders, and small business owners who wish to create online courses into a potentially lucrative business. Folks like Pat Flynn of Smart Passive Income utilize Teachable 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 courses and coaching for students all around 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 earlier, Teachable prides itself on its ease 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 site. There you may see headers like users, sites, sales, emails, and classes. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communication with students becomes easier for the user.
It is possible to incorporate as many tools as you want as Teachable’s list of partners is fairly extensive. You will also find that it is easy to 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 choice of themes for your online course website. 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 choice of inserting custom CSS or HTML to the Code Snippets region.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re trying to analyze your path sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific periods.
You can offer your pupils discounts should they choose to buy a second course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It’s a good way of increasing conversions.
When it comes to student monitoring, you can check student registration 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 would need a Pro or Business Plan to access 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 name of the course. You may change aspects of your certificate such as logo, color scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You do not have to find a 3rd party for payment processing as Teachable comes with its in-built payment processing through Teachable Payments.
You can select your payment currency from a wide assortment of choices. You may even 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.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your courses as one-time purchases, monthly payments, or as a subscription.
The support is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first class. You can create a ticket if you have any additional queries. Usually, you will hear back from service within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and Business.
For people who want to dip their toes first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, student 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, training product, a members-only community, automatic 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 annual billing is selected)
Including all base attributes 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 annual billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. How Pre Sell My Course On Teachable
Now that I’ve talked about what I enjoyed about Teachable, here are a few 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 service.
- There is 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 very confused about the crowd. However, 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 first.
You can teach how you want to know by using customization tools to personalize your content. How Pre Sell My Course On Teachable
You don’t have to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and writers. So all you have to worry about is making 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 focus more on course production than the business’s tech and marketing aspect.
Teachable helps you turn the online courses you may make on any topic you love into a company. Why not start today?
Frequently Asked Questions: How Pre Sell My Course On Teachable
What is Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable for free?
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 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 as well as PayPal payments. Owners can receive payouts directly to their own banks based on the payment scheme set out by the principal school owner. It can be done from 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 yearly billing is chosen. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is determined is more opted by lots of people. It has more features that match most of what their business 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 yearly billing is chosen.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it charges 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% and 30 cents.