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 course builder himself, grew frustrated over the lack of direct accessibility to students some platforms had. So, he decided to create his online learning platform with features he envisioned his classes and students would enjoy.
In 2020, sources state 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 our article for a more comprehensive review of Teachable.
In A Nutshell Teachable Drip Lessons
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an outstanding platform for complete beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or group member to do it. Instead, you can focus more on course building.
Who Uses Teachable?
We can not deny that we would like to take a slice out of the ever-growing demand from the quick and booming industry of online learning.
It’s ideal for entrepreneurs, founders, and small business owners who want to create online courses into a potentially lucrative business. Teachable is used 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.
As of this moment, more than 100,000 creators sold over $1 billion in classes and coaching for students all around 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 business.
As stated previously, Teachable prides itself on its ease of use. Tech novices will find it easy to go around and operate the program.
The dashboard is the first thing a user would see after registering on the site. There you may see headers such as users, websites, sales, emails, and classes. 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 need. You’ll also realize that you can easily 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 topics for your online course website. All you’ve got 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 option of inserting custom CSS or HTML to the Code Snippets Area.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your path 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 higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they choose to obtain another course. It is a fantastic means of increasing conversions.
In regards 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 where the students get stuck.
You do not need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing 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 program. 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).
You don’t have to get 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 broad range of choices. You may also 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 choice 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 might ask as you begin creating your first course. You can create a ticket if you have any additional questions. Usually, you will hear back from service 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.
For those who want to dip their feet first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil 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 yearly billing is selected )
Each of the base features include unlimited students, course merchandise, training product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have to pay the monthly fee along with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is chosen)
Including all base features plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if annual billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Drip Lessons
Here are a few things I do not like about Teachable now that I’ve talked about what I enjoyed about it:
- No free plans.
- Teachable does not have a free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There is no phone number to contact for inquiries.
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 the most confused about the crowd. But with Teachable, I found it reasonably easy. It does take a while to explore the website, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach the way you would like to know by using customization tools to personalize your content. Teachable Drip Lessons
You don’t have to think about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and writers. So all you’ve got to worry about is making the content that you wish to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who want to focus more on course creation 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 today?
Frequently Asked Questions: Teachable Drip Lessons
What is Teachable?
Teachable is an online learning platform that helps users make and market 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 for this. There is not any 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 based on the payment scheme set out by the principal 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. However, Teachable’s Pro Plan at $119/month or $99/month if yearly billing is determined is more opted by many individuals. 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 account, it charges 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets billed 4.4% and 30 cents.