Teachable is the platform for you if you’re an entrepreneur or content creator searching 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 class builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. So, he decided to create his online learning platform with features he envisioned his courses and students would enjoy.
In 2020, sources state that Hotsmart obtained Teachable for about $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Other Words For Teachable
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. You don’t need to have a virtual assistant or team member to perform it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Instead, you can concentrate more on course building.
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Who Uses Teachable?
We can not deny that we want 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 create online courses into a potentially lucrative business will find using Teachables to be excellent. Teachable is used by individuals like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in classes and coaching for students all around the world as of this moment.
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 business.
As mentioned earlier, 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 website. There you will see headers like users, websites, sales, emails, and classes. It’s pretty straightforward. It is easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Customization
It is possible to integrate 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 with their power editor.
Teachable offers a large choice of themes for your online course website that you can select to create an attractive landing page. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you’re an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets Area.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are attempting to analyze your path sales, Teachables has all 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.
For greater plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they choose to obtain a second course. It is a fantastic way of increasing conversions.
In regards to student tracking, you can check student enrollment and engagement. You’ll get reports on how your students interact with your classes, 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 marketing for you.
Completion Certificates
To get this feature, you would 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 name of the course. You may change elements 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).
Payment Options
Teachable comes with its own refundable payment processing via Teachable Payments. With this, you don’t need to find a 3rd party for payment processing.
You can select your payment money from a wide range of choices. You may even create 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.
Your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes as one-time purchases, monthly payments, or as a subscription.
Customer Support
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 course. But, if you have any additional queries, you can create a ticket. Normally, you will hear back from support 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 Business.
For people 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. Additionally, it has integrated payment processing, pupil 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 chosen)
All the base features include unlimited students, class merchandise, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need to pay the monthly fee along with a 5% transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is selected)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, advanced theme customization, and group coaching calls. Other Words For Teachable
Here are a few things I do not like about Teachable now that I have talked about what I liked about it:
- No free plans.
- Teachable doesn’t have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for people who opt for the Basic plan.
- No phone support.
- There’s 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 crowd. However, with Teachable, I found it fairly simple. It does take some time to explore the website, its features, and test stuff out. Comparable to a duck testing the waters .
You can teach the way you would like to know by utilizing customization tools to personalize your content. Other Words For Teachable
You don’t have to think about marketing. All you have to worry about is making the content you want to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and writers.
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 tech and marketing aspect.
You may make your online course on any topic you love, and Teachable helps you turn that into a company. Why not start now?
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Frequently Asked Questions: Other Words For Teachable
What’s Teachable?
Teachable is an online learning platform which helps users create and market 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 don’t need a credit card because of this. There’s absolutely 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 as well as PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set out by the primary school owner. It can be carried out in the Settings > 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 popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that match most of what their company needs.
For large organizations where multiple teachers are needed to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Does Teachable charge any processing fees?
Yes. For any sale made through a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% and 30 cents.
