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 course builder himself, grew frustrated over the lack of direct access to students some platforms needed. So, he decided to create his own online learning platform with characteristics he envisioned his classes and students would like.
In 2020, sources say that Hotsmart obtained 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Plan Comparison
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an outstanding platform for beginners. You don’t have to have a virtual assistant or group member to do it because it already takes care of your sales monitoring, payment collections, and affiliates commissions. Alternatively, you can concentrate 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 quick and booming industry of online learning.
It’s ideal for entrepreneurs, creators, and small business owners who wish to make online courses into a potentially profitable business. Teachable is used by individuals like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
More than 100,000 creators sold over $1 billion in classes and training for students all over the world as of now.
Here are some of the features I enjoyed 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 mentioned previously, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech beginners.
When you register on the site, it leads you to the dashboard. There you may see headers such as users, websites, sales, emails, and classes. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
You can incorporate as many tools as you want as Teachable’s list of partners is pretty extensive. You’ll also find that you can easily 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 choose color schemes to fit your business’ branding.
If you’re 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 the necessary and essential sales tracking and analytics tools that you would need while trying to analyze your course sales. You can see how well your classes have performed in specific periods.
You can provide your students discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It’s a good means of increasing conversions.
You can check student registration and engagement in regards to student tracking. 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 tech and promotion for you so you don’t need to worry about monitoring 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, 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 own refundable payment processing via Teachable Payments. With this, you don’t have to find a 3rd party for payment processing.
You may select your payment money from a wide assortment of choices. You may even 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 classes 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 an extensive knowledge library with online lessons and lives webinars for common questions you might ask as you begin creating your first course. But, if you have any additional questions, you can create a ticket. Usually, you will hear back from support within one day. Professional Teachable customers have access to live chat service.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and Business.
While Teachable does not have a free version, it does offer a 14-day free trial for those who want to dip their toes first and take a look at its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, fundamental 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)
Each of the base features include unlimited students, class 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 yearly billing is selected)
Including 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 yearly billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Teachable Plan Comparison
Here are a few things I don’t like about Teachable now that I’ve talked about what I liked about it:
- No free plans.
- Teachable doesn’t have a free plan. But, 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 is no telephone number to contact for queries.
Why should you try it?
I am not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being the most confused about the crowd. But with Teachable, I found it reasonably simple. It does take some time to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach how you want to learn by using customization tools to personalize your content. Teachable Plan Comparison
You don’t need to worry about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and authors. So all you have to worry about is making the content you wish 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 can create 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 Plan Comparison
Teachable is an online learning platform that helps users create and market their courses.
Can I use Teachable for free?
There’s 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 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 banks based on the payment scheme set from the primary school owner. It can be done 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 annual 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 fit most of what their business needs.
For large organizations where multiple instructors 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.
Can Teachable charge any processing charges?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it charges 2.9% plus 30 cents. International cards are billed 3.9% plus 30c. International PayPal gets charged 4.4% and 30 cents.