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) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct access to students some platforms needed. He decided to create his online learning platform with features he envisioned his classes and students could like.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Electronic App
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 outstanding platform for beginners. It deals with your sales tracking, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or team member to do it. Alternatively, you can concentrate more on course construction.
Who Uses Teachable?
We can not deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
It’s excellent for entrepreneurs, founders, and small business owners who wish to create online courses to a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income use 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 creators sold over $1 billion in courses and coaching for students all around the world.
Here are some of the features I enjoyed 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 mentioned previously, Teachable prides itself on its simplicity of use. Going around and operating the course will be found easy by tech beginners.
When you register on the website, it leads you to the dashboard. There you will see headers such as users, websites, sales, emails, and courses. It is pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
It is possible to incorporate as many tools as you want as Teachable’s list of partners is fairly extensive. You’ll also find 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 site. All you’ve got to do is upload the logos, text, images and select color schemes to fit your business’ branding.
You have the choice of inserting custom CSS or HTML to the Code Snippets region if you’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you’d need while attempting to analyze your course sales. You can see how well your courses have performed in specific periods.
For greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your students discounts should they decide to buy another course. It is a fantastic way 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 courses, their completion rates, and where the students get stuck.
You do not need to worry about monitoring sales and student insights with their comprehensive dashboards. Teachable deals with tech and marketing 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 aspects 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 own refundable payment processing via Teachable Payments.
You can choose your payment money from a wide range of choices. You can even create 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.
You have the option of charging your courses as one-time purchases, monthly payments, or as a subscription which your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
The service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first course. Butif you have any additional questions, you can create a ticket. Normally, you’ll hear back from support within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and Business.
For people who want to dip their toes first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil 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, course product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll need to pay the monthly fee together with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is selected)
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 annual billing is selected )
Including everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Teachable Electronic App
Now that I’ve talked about what I enjoyed about Teachable, here are some things I don’t like:
- No free plans.
- Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5 percent transaction fee for people who opt for the Basic plan.
- No phone support.
- There is no phone number to contact for queries.
Why should you attempt it?
I am not the most tech-savvy man out there. Far from it, actually. I have had many a day being very confused about the bunch. But with Teachable, I found it reasonably easy. Comparable to a duck testing the waters first, It does take a while to explore the website, its features, and test stuff out.
You can teach the way you want to know by utilizing customization tools to personalize your content. Teachable Electronic App
You don’t have to worry about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you’ve got to worry about is making the content that you want 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.
Teachable helps you turn the online courses you can create on any topic you love into a business. Why not start today?
Frequently Asked Questions: Teachable Electronic App
Teachable is an online learning platform which 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 don’t need a credit card for this. There’s absolutely no 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 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 in the Settings > Payments section of their 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, many people 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 company needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This is a much better fit for large organizations where multiple teachers are required to upload course materials.
Does Teachable charge any processing fees?
Yes. For any sale made through 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 billed 4.4% plus 30 cents.