If you are an entrepreneur or content creator looking for a way to transform knowledge into earnings, Teachable is the platform for you.
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, decided to create his own online learning platform with characteristics he envisioned his classes and students would enjoy after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources state that Hotsmart acquired Teachable for about $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell Rss In Teachable Blog
Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It has a simple and intuitive interface that makes it an outstanding platform for complete beginners. You don’t have to have a virtual assistant or group member to perform it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Alternatively, you can focus more on course construction.
Who Uses Teachable?
We can not 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 excellent for entrepreneurs, creators, and small business owners that wish to make online courses to a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income utilize Teachable to market their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 founders sold over $1 billion in courses and coaching 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 tech headache and more of being your partner-in-arms to a business.
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 like users, sites, sales, emails, and courses. It is pretty straightforward. It is easier for the user to upload documents, 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’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to make an attractive 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 to the Code Snippets Area if you are an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific phases.
For greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can provide your pupils discounts should they choose to obtain another course. It is a good way of increasing conversions.
You can check student registration and engagement in regards to student monitoring. You will receive reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
You’d 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 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).
Teachable comes with its in-built payment processing through Teachable Payments. With this, you don’t need to get a 3rd party for payment processing.
You may choose your payment currency from a broad assortment of choices. You can even generate 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 students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
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 service within 24 hours. Professional Teachable clients have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose one of 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 want to dip their feet first and take a look at its features before committing.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, pupil 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 selected )
All the base features include unlimited students, course merchandise, coaching product, a members-only community, automated 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 annual billing is chosen)
This includes all base attributes 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 chosen)
Including everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Rss In Teachable Blog
Here are a few things I do not like about Teachable now that I’ve talked about what I liked about it:
- No free plans.
- Teachable doesn’t have a free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for queries.
Why should you attempt it?
I am not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the crowd. However, with Teachable, I found it fairly easy. Comparable 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 would like to know by using customization tools to personalize your content. Rss In Teachable Blog
You don’t have to worry about marketing. Teachable has built-in features to look after 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
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to focus more on course production than the business’s tech and marketing aspect.
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: Rss In Teachable Blog
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 don’t need a credit card because of this. There is not any 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 banks based on the payment scheme set out by the primary school owner. It can be done in 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 Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many individuals. It has more features that fit most of what their company needs.
For large organizations where multiple instructors are needed to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Can Teachable charge any processing charges?
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% plus 30c. International PayPal gets charged 4.4% and 30 cents.