Teachable is the platform for you if you’re 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 course builder himself, decided to create his own online learning platform with features 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 state that Hotsmart obtained Teachable for about $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell How To Change School Name On Teachable
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 complete beginners. You don’t need to have a virtual assistant or group member to perform it because it already deals with your sales monitoring, payment collections, and affiliates commissions. Instead, you can focus more on course building.
Who Uses Teachable?
We can’t deny that we would like to take a slice from the ever-growing demand from the fast and booming industry of online learning.
It’s ideal for entrepreneurs, creators, and small business owners who wish to make online courses into a potentially profitable business. Individuals like Pat Flynn of Smart Passive Income utilize Teachable to sell 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 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 company.
As mentioned previously, Teachable prides itself on its ease of use. Tech novices will find it easy to go around and operate the program.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, websites, sales, emails, and classes. It is pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
Teachable’s list of partners is fairly extensive making it possible to incorporate as many tools as you need. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to make 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.
You have the choice of inserting custom CSS or HTML into the Code Snippets region if you are an advanced user.
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 classes have performed in specific periods.
For greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can provide your pupils discounts should they choose to buy a second course. It’s a fantastic 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 don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
You would need a Pro or Business Plan to get this feature. 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 elements of your certificate such as logo, color 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 find a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You may select your payment currency from a broad range of choices. You can 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 option of charging your classes as one-time purchases, monthly payments, or as a subscription.
The service 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 questions. 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 allows customers to choose among three options: Basic, Pro, and company.
For those who wish to dip their toes first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. Additionally, it 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, class merchandise, training product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need to pay the monthly fee together 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 website, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if annual billing is selected )
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. How To Change School Name On 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 free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5 percent transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for queries.
Why should you try 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 crowd. But with Teachable, I found it fairly simple. Akin to a duck testing the waters first, It does take some time to explore the web site, its features, and test stuff out.
You can teach the way you would like to learn by using customization tools to personalize your content. How To Change School Name On Teachable
You don’t have to worry about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and writers. So all you’ve got to worry about is making the content that you want to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to focus 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 subject you love, and Teachable helps you turn that into a company. Why not start now?
Frequently Asked Questions: How To Change School Name On Teachable
Teachable is an online learning platform that helps users create 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 do not 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 from the principal school owner. It can be done in the Settings > Payments section of the 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 annual billing is chosen. But, lots of individuals opt for Teachable’s more popular Pro Plan at $119/month or $99/month if yearly billing is determined. It has more features that match most of what their business needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This is a much better fit for large organizations where multiple teachers 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 accounts, it charges 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.