If you are an entrepreneur or content creator searching 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 access 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 say that Hotsmart acquired Teachable for about $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Linking Convertkit And Teachable
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an outstanding 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 concentrate more on course building.
Who Uses Teachable?
We can not deny that we would like to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, creators, and small business owners who want to create online courses into a potentially lucrative business will find using Teachables to be very excellent. Folks like Pat Flynn of Smart Passive Income use 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 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 technician headache and more of being your partner-in-arms to a company.
As mentioned earlier, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.
When you register on the site, it leads you to the dashboard. There you may see headers such as users, sites, sales, emails, and courses. It is pretty straightforward. It is a lot easier for the user to upload files, review analytics, issue refunds, and communicate with students.
You can incorporate as many tools as you want as Teachable’s list of partners is pretty extensive. You’ll also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large selection of topics for your online course site that 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.
You have the option of inserting custom CSS or HTML to the Code Snippets Area if you’re an advanced user.
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 periods.
For higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they decide to buy a second course. It’s a good way of increasing conversions.
When it comes to student monitoring, you can check student enrollment 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 don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.
You would 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 program. You may change elements of your certificate such as logo, colour scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Teachable comes with its in-built payment processing via Teachable Payments. With this, you do not need to get a 3rd party for payment processing.
You may choose your payment money from a broad range 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.
You have the option of charging your classes as one-time purchases, monthly payments, or as a subscription which your pupils 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 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 support within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and company.
While Teachable does not have a free version, it does offer a 14-day free trial for those who wish to dip their toes first and take a look at its features before committing.
All plans include unlimited video, courses, 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 chosen)
All the base features include unlimited students, course product, training 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)
This includes all base attributes 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)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Linking Convertkit And Teachable
Now that I have talked about what I liked about Teachable, here are a few things I do not like:
- No free plans.
- Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone number to contact for queries.
Why should you attempt it?
I’m 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 simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you want to know by using customization tools to personalize your content. Linking Convertkit And Teachable
You don’t have to think about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you have 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 business. Why not start now?
Frequently Asked Questions: Linking Convertkit And 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 is 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 do not 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 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 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 yearly billing is chosen. But, lots of people opt for Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that match 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 yearly billing is chosen.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are charged 3.9% plus 30c. International PayPal gets billed 4.4% plus 30 cents.