Teachable is the platform for you if you’re an entrepreneur or content creator searching for a way to transform knowledge into earnings.
Teachable is a learning management system (LMS) based 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 access to students some platforms needed. He decided to create his own online learning platform with features he envisioned his courses and students would enjoy.
In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.
Before you continue, 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.
In A Nutshell Teachable Online Seminar
Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an excellent platform for complete beginners. You don’t have to have a virtual assistant or group member to do it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Alternatively, you can focus more on course construction.
Who Uses Teachable?
We can not deny that online learning is a fast and booming industry. And we would like to take a slice out of the ever-growing demand.
It’s excellent for entrepreneurs, founders, and small business owners who want to create online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income utilize 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 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 ease of use. Going around and operating the course will be found easy by tech beginners.
The dashboard is the first thing a user would see after registering on the website. There you will see headers such as users, sites, sales, emails, and courses. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
It is possible to incorporate as many tools as you want 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.
Teachable offers a large choice of themes for your online course website that you can select to create an attractive landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.
If you are an advanced user, you have the choice of inserting custom CSS or HTML to the Code Snippets region.
Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your path sales. You can see how well your classes 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 offer your pupils discounts should they decide to buy another course. It is a fantastic means of increasing conversions.
You can check student registration and engagement in regards to student monitoring. 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 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 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 course. You may change aspects of your certificate like logo, color scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You don’t need to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing via Teachable Payments.
You may choose your payment currency 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 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 a comprehensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first class. But, if you have any additional questions, you can create a ticket. Normally, you’ll hear back from service within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and company.
For people who wish to dip their toes first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. It also 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 annual billing is chosen)
All the base features include unlimited students, course merchandise, training 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 annual billing is selected)
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 yearly 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 Online Seminar
Here are a few things I don’t 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 is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There’s no phone number to contact for inquiries.
Why should you attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being the most confused about the bunch. However, with Teachable, I found it fairly simple. It does take a while to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach the way you would like to learn by using customization tools to personalize your content. Teachable Online Seminar
You don’t have to worry about marketing. Teachable has built-in features to look after payouts, taxes, affiliates, and authors. So all you have to worry about is creating the content that you want to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to focus more on course production than the business’s technology and marketing aspect.
You may make your online course on any subject you love, and Teachable helps you turn that into a company. Why not start now?
Frequently Asked Questions: Teachable Online Seminar
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 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 don’t need a credit card because of 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 as well as PayPal payments. Owners can receive payouts directly to their own banks based on the payment scheme set out by the primary school owner. It can be done from the Settings > Payments section of their 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. But, many individuals opt for Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set. It has more features that match most of what their company needs.
For large organizations where multiple teachers are needed 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. 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% and 30c. International PayPal gets billed 4.4% plus 30 cents.