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 called Fedora. Nagpal, a course builder himself, decided to create his online learning platform with characteristics that 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 continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Kyle Dendy Speaker Secrets Teachable
Teachable allows one to create and sell online courses and training with videos, quizzes, and lectures. It’s a straightforward and intuitive interface that makes it an excellent platform for complete beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or group member to do it. Instead, you can focus more on course construction.
Who Uses Teachable?
We can’t deny that we would like to take a slice out of the ever-growing demand from the quick and booming industry of online learning.
Entrepreneurs, founders, and small business owners who wish to make online courses into a potentially profitable business will find using Teachables to be very excellent. Teachable is used 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 now, more than 100,000 creators sold over $1 billion in classes and training 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 headache and more of being your partner-in-arms to a company.
As stated previously, 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 site. There you will see headers like users, sites, sales, emails, and courses. It’s 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 fairly extensive making it possible to incorporate as many tools as you need. You’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an appealing landing page with Teachable’s large choice of topics for your online course website. All you have to do is upload the logos, text, images and choose 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
When you are attempting to analyze your course sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your courses have performed in specific phases.
You can provide your pupils discounts should they decide to obtain a second course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It is a good means of increasing conversions.
You can check student registration and engagement when it comes to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You don’t need to worry about tracking sales and student insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
You’d 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 program. You may change aspects 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 in-built payment processing via Teachable Payments.
You may select your payment currency from a wide assortment 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.
You have the option 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 service 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 course. You can create a ticket if you have any additional queries. Usually, 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.
While Teachable does not have a free version, it will offer a 14-day free trial for people who want to dip their toes first and take a look at its features before committing.
All plans include unlimited video, courses, 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 selected )
All the base features include unlimited students, course product, coaching product, a members-only community, automated 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 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 yearly billing is chosen)
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. Kyle Dendy Speaker Secrets Teachable
Now that I have talked about what I enjoyed about Teachable, here are some things I do not like:
- No free plans.
- Teachable doesn’t have a totally free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone service.
- There’s no telephone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being very confused about the bunch. But with Teachable, I found it fairly easy. Akin to a duck testing the waters , It does take some time to explore the web site, its features, and test stuff out.
You can teach how you would like to learn by utilizing customization tools to personalize your content. Kyle Dendy Speaker Secrets Teachable
You don’t have to think about marketing. Teachable has built-in features to look after taxes, payouts, affiliates, and authors. So all you have to worry about is making the content you want to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s technology and marketing aspect.
Teachable helps you turn the online courses you can create on any subject you love into a business. Why not start today?
Frequently Asked Questions: Kyle Dendy Speaker Secrets Teachable
Teachable is an online learning platform which helps users make and sell their courses.
Can I use Teachable for free?
There’s 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 for this. There’s absolutely 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 in addition to 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 Preferences > Payments section of their 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 yearly billing is chosen. But, lots of people opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that fit most of what their business needs.
For large organizations where multiple instructors are required to upload course materials, a 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. It charges 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.