Teachable is the platform for you if you are an entrepreneur or content creator searching 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 called Fedora. Nagpal, a class builder himself, decided to create his online learning platform with characteristics that he envisioned his courses and students could enjoy after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources state that Hotsmart acquired Teachable for approximately $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’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell Teachable Online Program
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to perform 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 not deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners who want to make online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income use Teachable to market 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 over 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 earlier, Teachable prides itself on its simplicity of use. Tech beginners 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 website. There you may see headers such as users, sites, 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.
Teachable’s list of partners is fairly extensive making it possible to incorporate as many tools as you need. You’ll also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an attractive landing page with Teachable’s large selection of topics 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 option of inserting custom CSS or HTML into the Code Snippets Area 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 the necessary and essential sales tracking and analytics tools that you’d need. You can see how well your classes have performed in specific phases.
You can offer your students discounts should they decide to buy a second course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It’s a fantastic means 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 courses, their completion rates, and where the students get stuck.
Teachable deals with technology and promotion for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
You would need a Pro or Business Plan to access 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).
Teachable comes with its in-built payment processing through Teachable Payments. With this, you do not have to find a 3rd party for payment processing.
You can select your payment money from a broad assortment of choices. You can also 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.
Your pupils 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 start creating your first course. You can create a ticket if you have any additional questions. Usually, you’ll hear back from service within one day. Professional Teachable clients have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose among three options: Basic, Pro, and company.
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, 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 selected )
All the base features include unlimited students, course merchandise, 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 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 class 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 student imports, custom user functions, innovative theme customization, and group coaching calls. Teachable Online Program
Here are a few things I don’t like about Teachable now that I’ve talked about what I enjoyed about it:
- No free plans.
- Teachable does not have a totally free plan. However, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone service.
- There’s no phone number to contact for queries.
Why should you try 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 fairly simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach the way you want to know by utilizing customization tools to personalize your content. Teachable Online Program
You don’t need to worry about marketing. All you have to worry about is making the content you wish to sell since Teachable has built-in features to take care of payouts, taxes, affiliates, and authors.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who wish to focus more on course creation than the business’s tech and marketing aspect.
You can create your online course on any subject you love, and Teachable helps you turn that into a company. Why not start today?
Frequently Asked Questions: Teachable Online Program
What is Teachable?
Teachable is an online learning platform that 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. When you click on the “Get Started” button and register, you will automatically be entered into a Professional plan trial. You do not need a credit card for this. There is 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 in addition to PayPal payments. Owners may receive payouts directly to their banks dependent on the payment scheme set from the principal school owner. It can be carried out from 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 yearly billing is chosen. However, Teachable’s Pro Plan at $119/month or $99/month if annual billing is set is more opted by lots of 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 much better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Can Teachable charge any processing fees?
Yes. It charges 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.