Teachable is the platform for you if you’re 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 known as 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 features he envisioned his courses and students would like.
In 2020, sources state that Hotsmart obtained Teachable for about $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable All Access Engine
Teachable allows one to create and sell online classes and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an excellent platform for complete beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or group member to perform it. Instead, you can concentrate more on course building.
Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we would like to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who want to create online courses into a potentially profitable business will find using Teachables to be ideal. Folks 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 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 technician headache and more of being your partner-in-arms to a business.
As stated earlier, Teachable prides itself on its simplicity of use. Tech beginners will find it easy to go around and operate the course.
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 files, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
Teachable’s list of partners is fairly extensive making it possible to integrate as many tools as you need. You will 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 website that you can select to create an attractive landing page. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you’re an advanced user, you have the option of inserting custom CSS or HTML into the Code Snippets region.
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 would need. You can see how well your courses have performed in specific periods.
You can provide your students discounts should they choose to obtain a second course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It’s a fantastic way of increasing conversions.
When it comes to student tracking, you can check student enrollment and engagement. You’ll get reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
You don’t need to worry about tracking sales and student insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
To get this feature, you would 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 aspects 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).
You do not need to find a 3rd party for payment processing as Teachable comes with its in-built payment processing through 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.
You have the option of charging your courses as one-time purchases, monthly payments, or as a subscription which your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
The service 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 course. You can create a ticket if you have any additional queries. Normally, you’ll hear back from support within 24 hours. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and Business.
While Teachable doesn’t have a free version, it will offer a 14-day free trial for those who wish to dip their feet first and take a look at its features before committing.
All plans include unlimited video, classes, 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 annual billing is chosen)
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 have to pay the monthly fee together with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is chosen)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion course 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, innovative theme customization, and group coaching calls. Teachable All Access Engine
Here are some things I do not like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone number to contact for queries.
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 the most confused about the crowd. But with Teachable, I found it fairly simple. It does take some time to explore the web site, its features, and test stuff out. Akin to a duck testing the waters first.
You can teach the way you want to know by utilizing customization tools to personalize your content. Teachable All Access Engine
You don’t have to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and writers. So all you’ve got to worry about is creating the content you want to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to focus more on course production than the business’s technology and marketing aspect, Teachable is an approachable platform.
You may make your online course on any topic you love, and Teachable helps you turn that into a business. Why not start now?
Frequently Asked Questions: Teachable All Access Engine
What is Teachable?
Teachable is an online learning platform which helps users make and sell their courses.
Can I use Teachable at No Cost?
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 for this. There’s absolutely 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 in addition to PayPal payments. Owners may receive payouts directly to their banks dependent on the payment scheme set out by the principal school owner. It can be carried out from the Preferences > 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 annual billing is chosen. But, lots of 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 business needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This would be a better fit for large organizations where multiple teachers are needed to upload course materials.
Does Teachable charge any processing charges?
Yes. For any sale made through a credit card, debit card, and US Paypal account, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.