Teachable is the platform for you if you’re an entrepreneur or content creator searching 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 known as Fedora. Nagpal, a course builder himself, decided to create his own online learning platform with characteristics that he envisioned his courses and students could enjoy after getting frustrated over the lack of direct accessibility 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 the article for a more comprehensive review of Teachable.
In A Nutshell Software Like Teachable
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has a simple and intuitive interface which 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 not deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.
It’s excellent for entrepreneurs, founders, and small business owners who want to make online courses to a potentially profitable business. Individuals 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.
As of now, more than 100,000 founders sold over $1 billion in classes and training 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 hassle and more of being your partner-in-arms to a company.
As stated previously, Teachable prides itself on its ease of use. Tech beginners will find it easy to go around and operate the course.
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. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
Teachable’s list of partners is pretty 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 create an appealing landing page. All you have 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’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you are attempting to analyze your course sales, Teachables has all the necessary and essential sales tracking and analytics tools that you would 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 decide to buy another course. It is a fantastic means of increasing conversions.
You can check student registration 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.
Teachable deals with tech and promotion for you so you do not need to worry about tracking sales and student insights with their comprehensive dashboards.
You’d need a Pro or Business Plan to access this feature. 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 program. You may change elements of your certificate such as logo, colour scheme, and preset pictures. 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 can choose your payment currency from a broad range of choices. You can also 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.
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.
The service is responsive. It has an extensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first class. Butif you have any additional questions, you can create a ticket. Usually, you will hear back from service within one day. 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 will 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. Additionally, it 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 chosen)
Each of the base features include unlimited students, class merchandise, 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 selected)
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 yearly billing is chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, advanced theme customization, and group coaching calls. Software Like Teachable
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. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone 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 have had many a day being the most confused about the crowd. However, with Teachable, I found it fairly easy. 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 want to know by utilizing customization tools to personalize your content. Software Like Teachable
You don’t have to think about marketing. All you’ve got to worry about is making the content that you want to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and writers.
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.
Teachable helps you turn the online courses you may make on any subject you love into a company. Why not start today?
Frequently Asked Questions: Software Like Teachable
What is Teachable?
Teachable is an online learning platform that helps users make and sell their courses.
Can I use Teachable for free?
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 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 banks based on the payment scheme set out by the primary school owner. It can be carried out from 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, lots of individuals 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 yearly billing is chosen. This is a 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% plus 30c. International PayPal gets charged 4.4% plus 30 cents.