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 features he envisioned his classes and students could like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Look Up Teachable
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an outstanding platform for beginners. You don’t need to have a virtual assistant or team member to perform it because it already deals with your sales tracking, payment collections, and affiliates commissions. Alternatively, 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, founders, and small business owners who wish to create online courses to a potentially lucrative business. Teachable is utilized by individuals 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 this moment, 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 liked 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 stated previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.
The dashboard is the first thing a user would see after registering on the site. There you will see headers such as users, websites, sales, emails, and classes. It’s pretty straightforward. Uploading documents, 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 pretty extensive. You’ll also find that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to make an appealing landing page with Teachable’s large selection of themes for your online course site. All you’ve got to do is upload the logos, text, images and choose 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 the necessary and essential sales tracking and analytics tools that you’d need while trying 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 higher plans. It’s a good way 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.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
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 don’t need to get a 3rd party for payment processing.
You may select your payment money from a broad range of choices. You can even create 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 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 service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first class. But, if you have any additional queries, you can create a ticket. Usually, you’ll hear back from support 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 feet first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. It also has integrated payment processing, student management, lecture comments, basic 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 merchandise, coaching 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% transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is selected)
This includes all base features 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 selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, advanced theme customization, and group coaching calls. Look Up Teachable
Here are a few 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 totally free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone service.
- There is no telephone 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’ve had many a day being the most 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. Comparable to a duck testing the waters first.
You can teach the way you would like to know by using customization tools to personalize your content. Look Up Teachable
You don’t have to think about marketing. All you’ve got to worry about is making the content that you wish to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and writers.
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 tech 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 today?
Frequently Asked Questions: Look Up Teachable
Teachable is an online learning platform that helps users make and sell 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 no free trial for Basic and Business Plans. You can add up to ten students to complete courses.
How can Teachable payments work?
Teachable uses Stripe express to process credit/debit card transactions in addition to PayPal payments. Owners may receive payouts directly to their banks dependent on the payment scheme set from the principal school owner. It can be carried out from the Preferences > 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. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set 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 required to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.