If you’re 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) 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 that he envisioned his classes and students could like after getting frustrated over the lack of direct accessibility to students some platforms had.
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 Nomalenga
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an excellent platform for beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to perform it. Alternatively, you can concentrate more on course building.
Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we want to take a slice from the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners that wish to make online courses into a potentially profitable business. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to market 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 coaching 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 hassle and more of being your partner-in-arms to a company.
As stated previously, Teachable prides itself on its simplicity 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 website. 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 fairly extensive. You will also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Teachable offers a large choice of themes for your online course website which you can select to create an appealing landing page. 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 into the Code Snippets region if you’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your classes have performed in specific periods.
You can offer your pupils discounts should they decide to obtain a second course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It is 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 classes, their completion rates, and where the students get stuck.
Teachable deals with tech and marketing for you so you do not need to worry about tracking sales and student insights with their comprehensive dashboards.
You’d need a Pro or Business Plan to get this feature. 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 title of the program. You may change elements of your certificate like logo, colour 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 find a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.
You may select your payment currency from a wide 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.
You have the choice of charging your classes 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 support 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. Usually, you’ll hear back from support within 24 hours. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose one of three options: Basic, Pro, and Business.
For people who want to dip their toes first and take a look at 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, student 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, automatic sign-ups, and two admin-level users. You’ll need to pay the monthly fee along with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is chosen)
This includes all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if annual billing is chosen)
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 Nomalenga
Now that I have talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable doesn’t have a free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5% transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no telephone number to contact for inquiries.
Why should you try it?
I am not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being very confused about the bunch. However, with Teachable, I found it fairly easy. Comparable to a duck testing the waters , It does take a while to explore the website, its features, and test stuff out.
You can teach the way you would like to learn by utilizing customization tools to personalize your content. Teachable Nomalenga
You don’t have to worry about marketing. All you have to worry about is creating the content you want to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and authors.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to concentrate more on course creation than the business’s tech and marketing aspect.
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 Nomalenga
Teachable is an online learning platform which helps users create and sell their courses.
Can I use Teachable for free?
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 do not need a credit card because of 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 in addition to 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 carried out in the Settings > 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 annual billing is chosen. But, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that fit 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 much better fit for large organizations where multiple teachers are required to upload course materials.
Can Teachable charge any processing charges?
Yes. It charges 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% plus 30c. International PayPal gets billed 4.4% plus 30 cents.