If you’re 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, decided to create his online learning platform with characteristics he envisioned his classes and students could like after getting frustrated over the lack of direct access to students some platforms needed.
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. After, you’ll want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Robert Baker Teachable
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an excellent platform for complete beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to do it. Alternatively, you can focus more on course building.
Who Uses Teachable?
We can’t deny that we would like to take a slice out of the ever-growing demand from the quick and booming industry of online learning.
Entrepreneurs, creators, and small business owners that wish to make online courses to a potentially lucrative business will find using Teachables to be very excellent. Folks like Pat Flynn of Smart Passive Income utilize 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 classes and training for students all over 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 company.
As mentioned previously, Teachable prides itself on its simplicity of use. Going around and operating the course will be found easy by tech beginners.
When you register on the site, it leads you to the dashboard. There you will see headers such as 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.
Teachable’s list of partners is pretty extensive making it possible to incorporate as many tools as you want. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large selection of themes for your online course website that you can select to create an attractive landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you are an advanced user, you have the choice of inserting custom CSS or HTML to the Code Snippets Area.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your course sales. You can see how well your classes have performed in specific phases.
You can offer your students discounts should they choose to obtain another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It is a good means of increasing conversions.
You can check student enrollment and engagement when it comes 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.
You don’t need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.
You would need a Pro or Business Plan to access 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 title of the course. You may change aspects of your certificate like logo, colour scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You do not have to get a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You may select your payment currency 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.
Your students 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 may ask as you start creating your first class. Butif you have any additional queries, you can create a ticket. Usually, you will hear back from support within one day. Professional Teachable clients 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 does offer a 14-day free trial for people who wish to dip their feet first and check out its features before committing.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, pupil 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 chosen)
All the base features include unlimited students, course product, coaching 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 percent transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is chosen)
Including 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 annual billing is selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Robert Baker Teachable
Now that I’ve talked about what I liked about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable does not 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 is no telephone number to contact for inquiries.
Why should you try it?
I’m not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being very confused about the bunch. However, with Teachable, I found it fairly simple. It does take some time to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters .
You can teach the way you want to learn by using customization tools to personalize your content. Robert Baker Teachable
You don’t have to think about marketing. All you’ve got to worry about is creating the content you want to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and authors.
To Sum It Up
For complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s tech 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 company. Why not start now?
Frequently Asked Questions: Robert Baker Teachable
Teachable is an online learning platform which helps users make and market 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 can receive payouts directly to their own banks dependent 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 match most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a much better fit for large organizations where multiple instructors are required 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 accounts. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% and 30 cents.