If you are an entrepreneur or content creator looking for a way to transform knowledge into income, Teachable is the platform for you.
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, decided to create his own online learning platform with characteristics he envisioned his courses and students would like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable Self Hosted
Teachable allows one to create and sell online classes and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an outstanding platform for beginners. It takes care of your sales tracking, payment collections, and affiliates commissions. So, you don’t have to have a virtual assistant or group member to do it. Instead, you can focus more on course building.
Who Uses Teachable?
We can not deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
It’s ideal for entrepreneurs, founders, and small business owners who wish to make online courses to a potentially profitable business. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 creators sold over $1 billion in classes and training 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 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 course.
When you register on the website, it leads you to the dashboard. There you may see headers such as users, sites, sales, emails, and classes. It is pretty straightforward. It is a lot easier for the user to upload files, review analytics, issue refunds, and communicate with students.
Teachable’s list of partners is pretty extensive making it possible to integrate as many tools as you need. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to create an appealing landing page with Teachable’s large choice 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 are an advanced user, you have the option of inserting custom CSS or HTML into 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 courses have performed in specific phases.
For greater plans, you get access to advanced sales features like one-click upsells and packages. With this, you can offer your pupils discounts should they choose to obtain a second course. It’s a good means of increasing conversions.
When it comes to student tracking, you can check student registration and engagement. You will receive reports on how your students interact with your classes, their completion rates, and where the students get stuck.
Teachable deals with technology and marketing for you so you don’t need to worry about tracking sales and student insights with their comprehensive dashboards.
You would 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 aspects 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 need to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You may choose 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 may ask as you start creating your first class. But, if you have any additional queries, you can create a ticket. Normally, you will hear back from support within one day. Professional Teachable clients 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 doesn’t have a free version, it does 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, 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 selected )
All the base features include unlimited students, course merchandise, coaching product, a members-only community, automated 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)
Including all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if annual billing is selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Self Hosted
Now that I’ve talked about what I enjoyed about Teachable, here are a few things I do not like:
- No free plans.
- Teachable doesn’t have a totally free plan. But, 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 support.
- There is no phone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being the most confused about the crowd. However, with Teachable, I found it fairly simple. Akin to a duck testing the waters first, It does take a while to explore the web site, its features, and test stuff out.
You can teach the way you want to know by using customization tools to personalize your content. Teachable Self Hosted
You don’t have to worry about marketing. All you’ve got to worry about is making the content that you want to sell since Teachable has built-in features to look after taxes, payouts, affiliates, and authors.
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 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 now?
Frequently Asked Questions: Teachable Self Hosted
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable at No Cost?
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 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 can receive payouts directly to their banks based on the payment scheme set from the principal school owner. It can be carried out in the Preferences > Payments section of the 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 yearly billing is chosen. But, many people opt for Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that match most of what their business needs.
For large organizations where multiple teachers are required to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Can Teachable charge any processing fees?
Yes. For any sale made through a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.