Teachable is the platform for you if you are an entrepreneur or content creator looking for a way to transform knowledge into earnings.
Teachable is a learning management system (LMS) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms had. He decided to create his own online learning platform with features he envisioned his courses and students would like.
In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Lord Give Me A Teachable Spririt Amp
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an outstanding platform for beginners. You don’t have 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 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 out of the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners that want to make online courses to a potentially profitable business. Individuals like Pat Flynn of Smart Passive Income use Teachable to sell their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in courses and coaching for students all over the world as of this moment.
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 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.
When you register on the website, it leads you to the dashboard. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
You can 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 using their power editor.
Teachable offers a large choice of topics for your online course site which you can select to make an attractive landing page. All you’ve got 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 choice of inserting custom CSS or HTML into the Code Snippets Area.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you’d need while attempting to analyze your path sales. You can see how well your courses have performed in specific phases.
You can provide your students discounts should they choose to obtain a second 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.
You can check student enrollment and engagement when it comes to student monitoring. 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 promotion for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
To get this feature, you’d need a Pro or Business Plan. 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 aspects of your certificate like 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 can choose your payment currency from a broad assortment of choices. You can also generate coupons and discount codes for students and affiliate codes. Teachable will handle 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 students 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 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 service within one day. 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.
While Teachable doesn’t have a free version, it will 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, classes, 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)
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 have to pay the monthly fee along with a 5 percent 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 course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Lord Give Me A Teachable Spririt Amp
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable doesn’t have a free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5 percent 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 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 first, It does take some time to explore the web site, its features, and test stuff out.
You can teach the way you want to know by using customization tools to personalize your content. Lord Give Me A Teachable Spririt Amp
You don’t have to think 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 wish to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to concentrate more on course production than the business’s tech and marketing aspect, Teachable is an approachable platform.
Teachable helps you turn the online courses you may make on any topic you love into a business. Why not start now?
Frequently Asked Questions: Lord Give Me A Teachable Spririt Amp
What is Teachable?
Teachable is an online learning platform which helps users create 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’s absolutely 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 dependent on the payment scheme set from 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 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 annual billing is chosen. But, many people opt for Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set. It has more features that fit most of what their business needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This is a better fit for large organizations where multiple instructors are needed to upload course materials.
Does 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 charged 4.4% plus 30 cents.