If you are an entrepreneur or content creator looking 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 own online learning platform with characteristics he envisioned his courses and students could enjoy after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for approximately $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Reading Passages By A Teachable Teacher
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an excellent platform for complete 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 online learning is a quick and booming industry. And we want to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who want to make online courses to a potentially lucrative business will find using Teachables to be ideal. Individuals 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.
As of this moment, more than 100,000 founders sold over $1 billion in classes and coaching 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 technician headache and more of being your partner-in-arms to a company.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, sites, sales, emails, and classes. It’s pretty straightforward. It is a lot easier for the user to upload documents, 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 want. You’ll also realize that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large choice of topics for your online course site that you can select to make an appealing landing page. All you’ve got 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 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 attempting to analyze your course sales. You can see how well your courses have performed in specific periods.
For greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your students discounts should they choose to buy another course. It’s a good means of increasing conversions.
You can check student registration and engagement in regards to student monitoring. You’ll get reports on how your students interact with your classes, 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 tracking student and sales insights with their comprehensive dashboards.
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 name of the course. You may change aspects 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 through Teachable Payments. With this, you don’t have to get a 3rd party for payment processing.
You can choose your payment money from a wide assortment 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 courses as one-time purchases, monthly payments, or as a subscription.
The support 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. You can create a ticket if you have any additional queries. Normally, 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 one of three options: Basic, Pro, and Business.
For those who want to dip their toes 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, 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, course merchandise, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll need 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)
This includes 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 selected )
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. Reading Passages By A Teachable Teacher
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I do not like:
- No free plans.
- Teachable does not 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 try 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. Akin to a duck testing the waters first, It does take a while to explore the web site, its features, and test stuff out.
You can teach the way you would like to know by using customization tools to personalize your content. Reading Passages By A Teachable Teacher
You don’t need to worry about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and writers. So all you’ve got to worry about is creating the content that you wish to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who wish to concentrate more on course creation than the business’s technology and marketing aspect, Teachable is an approachable platform.
You may make your online course on any subject you love, and Teachable helps you turn that into a business. Why not start today?
Frequently Asked Questions: Reading Passages By A Teachable Teacher
What is Teachable?
Teachable is an online learning platform which helps users create and market their courses.
Can I use Teachable at No Cost?
There’s 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 because of this. There’s absolutely not any 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 may receive payouts directly to their own banks based on the payment scheme set out by the primary school owner. It can be done in the Settings > 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 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 determined. It has more features that fit most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is a much better fit for large organizations where multiple teachers are required to upload course materials.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.