If you are an entrepreneur or content creator searching 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 called Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. He decided to create his own online learning platform with characteristics he envisioned his courses and students could like.
In 2020, sources state that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review of Teachable.
In A Nutshell Teachable Facebook Pixel
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It’s a simple and intuitive interface which makes it an outstanding platform for 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 do it. Instead, you can focus more on course building.
Who Uses Teachable?
We can’t deny that we want to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, creators, and small business owners that wish to create online courses to a potentially lucrative business will find using Teachables to be excellent. 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.
More than 100,000 creators sold over $1 billion in courses and training for students all over 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 technician headache and more of being your partner-in-arms to a business.
As mentioned earlier, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.
When you register on the website, it leads you to the dashboard. There you may see headers such as users, websites, sales, emails, and courses. It’s pretty straightforward. It is easier for the user to upload files, review analytics, issue refunds, and communicate with students.
It is possible to integrate as many tools as you need as Teachable’s list of partners is pretty extensive. You’ll also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to make an attractive landing page with Teachable’s large selection of themes for your online course site. All you have 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 Area 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 path sales. You can see how well your courses 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 students discounts should they choose to obtain another course. It’s a fantastic way of increasing conversions.
In regards to student monitoring, you can check student enrollment and engagement. You will receive reports on how your students interact with your classes, their completion rates, and in which the students get stuck.
Teachable deals with technology and promotion for you so you do not need to worry about tracking sales and student insights with their comprehensive dashboards.
To get this feature, you’d 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 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).
You do not need to find a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You can select your payment money from a broad assortment 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 choice 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 might ask as you start creating your first course. Butif you have any additional queries, you can create a ticket. Usually, you will hear back from service within 24 hours. Professional Teachable customers 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 does not have a free version, it will offer a 14-day free trial for those who wish to dip their toes first and check out its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, pupil management, lecture comments, basic quizzes, no fees on free courses, 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 merchandise, 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% transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is chosen)
This includes 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 chosen)
Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Facebook Pixel
Here are a few 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 totally free plan. However, 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 service.
- There’s no telephone number to contact for queries.
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 bunch. However, with Teachable, I found it reasonably easy. Comparable to a duck testing the waters first, 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 Facebook Pixel
You don’t have to worry about marketing. All you have 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 focus more on course creation 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 business. Why not start now?
Frequently Asked Questions: Teachable Facebook Pixel
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’s absolutely 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 may receive payouts directly to their banks dependent on the payment scheme set out by the principal school owner. It can be carried out in the Preferences > 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. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is set is more opted by many people. It has more features that fit most of what their company needs.
For large organizations where multiple teachers are required to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal account. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.