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, decided to create his own online learning platform with features he envisioned his classes and students would like after getting frustrated over the lack of direct accessibility to students some platforms needed.
In 2020, sources state that Hotsmart acquired 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell Teachable Behavior
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or team member to do it because it already deals with your sales monitoring, payment collections, and affiliates commissions. Alternatively, you can concentrate more on course building.
Who Uses Teachable?
We can’t deny that we would like to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, creators, and small business owners who want to create online courses into a potentially lucrative business will find using Teachables to be ideal. Folks like Pat Flynn of Smart Passive Income use Teachable to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 founders sold over $1 billion in classes and coaching for students all around 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 tech headache and more of being your partner-in-arms to a business.
As stated earlier, Teachable prides itself on its ease of use. Tech novices 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 site. There you will see headers like users, sites, sales, emails, and courses. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes easier for the user.
Teachable’s list of partners is fairly extensive making it possible to integrate as many tools as you want. You will also realize that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to create an attractive landing page with Teachable’s large choice of themes for your online course website. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you’re an advanced user, you have the choice of inserting custom CSS or HTML into the Code Snippets region.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your path sales. You can see how well your classes have performed in specific periods.
For higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can offer your pupils discounts should they decide to buy another course. It is a good means of increasing conversions.
You can check student registration and engagement when it comes to student monitoring. You will receive 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 student and sales insights with their comprehensive dashboards. Teachable deals with technology and promotion for you.
To access this feature, you would need a Pro or Business Plan. 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, 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 own refundable payment processing via Teachable Payments. With this, you do not need to find a 3rd party for payment processing.
You can select your payment currency from a broad assortment of choices. You can also generate coupons and discount codes for students and affiliate codes. Teachable will handle 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 classes 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 begin creating your first course. You can create a ticket if you have any additional questions. Usually, you’ll hear back from service within 24 hours. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and company.
For people who wish to dip their toes first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, student management, lecture comments, basic 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 product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have to pay the monthly fee along with a 5% 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 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 student imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Behavior
Here are some things I don’t like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable doesn’t have a totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5 percent transaction fee for people who opt for the Basic plan.
- No phone support.
- There is no telephone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I have had many a day being very confused about the crowd. However, with Teachable, I found it reasonably simple. Akin to a duck testing the waters , It does take some time to explore the web site, its features, and test stuff out.
You can teach how you would like to learn by utilizing customization tools to personalize your content. Teachable Behavior
You don’t have to worry about marketing. Teachable has built-in features to look after taxes, payouts, affiliates, and writers. So all you have to worry about is making the content you wish to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to focus 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 can create on any topic you love into a company. Why not start now?
Frequently Asked Questions: Teachable Behavior
Teachable is an online learning platform which helps users create and market their courses.
Can I use Teachable at No Cost?
There is 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 don’t need a credit card because of 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 as well as 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 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 yearly billing is chosen. But, many individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that fit most of what their business needs.
For large organizations where multiple instructors are required to upload course materials, a 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. For any sale made via a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are billed 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.