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) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. He decided to create his online learning platform with characteristics he envisioned his courses and students would like.
In 2020, sources say that Hotsmart acquired Teachable for approximately $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Smart From Scratch Teachable
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 group member to do it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Alternatively, you can focus more on course construction.
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Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we want to take a slice from the ever-growing demand.
It’s excellent for entrepreneurs, founders, and small business owners that wish to make online courses into a potentially profitable business. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in courses and coaching for students all over the world as of now.
Here are some of the features I liked 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 stated 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 site, it leads you to the dashboard. There you will see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes easier for the user.
Customization
Teachable’s list of partners is fairly extensive making it possible to integrate as many tools as you need. You will also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large choice of themes for your online course website 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.
If you are an advanced user, you have the choice of inserting custom CSS or HTML to the Code Snippets Area.
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Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your course sales, Teachables has all the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your classes have performed in specific periods.
You can provide your students discounts should they decide to buy a second course when you get access to advanced sales features like one-click upsells and packages from availing greater plans. It’s a fantastic means of increasing conversions.
When it comes to student monitoring, you can check student registration and engagement. 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 technology and marketing for you so you do not need to worry about tracking student and sales insights with their comprehensive dashboards.
Completion Certificates
To get this feature, you’d need a Pro or Business Plan. 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, colour scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Payment Options
You do not need to find a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You may 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 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 option of charging your courses 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 start creating your first class. You can create a ticket if you have any additional questions. Normally, you’ll hear back from service within 24 hours. Professional Teachable customers have access to live chat service.
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 want to dip their toes first and check out its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, fundamental quizzes, no fees on free courses, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if annual billing is selected )
Each of the base features include unlimited students, course merchandise, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have to pay the monthly fee together with a 5 percent transaction fee on this plan.
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Pro ($119/month or $99/month if annual billing is selected)
This includes all base attributes 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 annual billing is selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Smart From Scratch Teachable
Now that I have talked about what I liked about Teachable, here are a few things I do not like:
- No free plans.
- Teachable doesn’t have a totally free plan. However, 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 service.
- There’s no phone number to contact for queries.
Why should you attempt it?
I’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being the most confused about the crowd. But with Teachable, I found it reasonably simple. It does take a while to explore the web site, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach how you would like to learn by utilizing customization tools to personalize your content. Smart From Scratch Teachable
You don’t need 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 look after payouts, taxes, affiliates, and writers.
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 subject you love into a company. Why not start today?
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Frequently Asked Questions: Smart From Scratch Teachable
What is Teachable?
Teachable is an online learning platform which helps users create and sell 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 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 banks dependent on the payment scheme set out by the principal school owner. It can be done from the Settings > Payments section of the 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 yearly billing is chosen. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is determined is more opted by lots of people. It has more features that match 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.
Does Teachable charge any processing fees?
Yes. It costs 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.
