Teachable is the platform for you if you are an entrepreneur or content creator looking 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 known as 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 online learning platform with characteristics that he envisioned his classes and students would like.
In 2020, sources state that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Seminar
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an excellent platform for beginners. You don’t have to have a virtual assistant or team member to perform it because it already deals with your sales monitoring, payment collections, and affiliates commissions. Instead, you can concentrate 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 from the ever-growing demand.
It’s excellent for entrepreneurs, creators, and small business owners that wish 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 like The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 creators sold over $1 billion in courses 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 mentioned previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the site. There you will see headers such as users, websites, sales, emails, and classes. It is 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 integrate 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.
Teachable offers a large selection of themes for your online course website that 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 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
It has all of the necessary and essential sales tracking and analytics tools that you’d need while trying to analyze your path sales. You can see how well your classes have performed in specific periods.
You can provide your pupils 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 greater plans. It is a fantastic means of increasing conversions.
In regards to student tracking, you can check student registration and engagement. You’ll get reports on how your students interact with your classes, their completion rates, and where the students get stuck.
You do not need to worry about tracking student and sales insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
You’d 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 course. You may change aspects of your certificate like logo, color 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 through Teachable Payments.
You may choose your payment currency from a broad assortment of choices. You can also generate 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 choice of charging your courses 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 may ask as you start creating your first course. But, if you have any additional questions, you can create a ticket. Usually, you’ll hear back from service within 24 hours. 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 company.
While Teachable does not have a free version, it will offer a 14-day free trial for those who wish to dip their feet first and take a look at its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, pupil 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 selected )
All the base features include unlimited students, class product, training product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have to pay the monthly fee together with a 5 percent transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is selected)
This includes 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 )
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 Seminar
Here are some things I do not 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 percent transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for queries.
Why should you attempt it?
I am not the most tech-savvy man out there. Far from it, actually. I have 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 first, It does take a while to explore the web site, 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 Seminar
You don’t need to think about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and writers. So all you have to worry about is creating the content that you wish to sell.
To Sum It Up
For complete beginners and busy entrepreneurs who wish to focus more on course production than the business’s tech and marketing aspect, Teachable is an approachable platform.
Teachable helps you turn the online courses you may make on any subject you love into a business. Why not start now?
Frequently Asked Questions: Teachable Seminar
What is Teachable?
Teachable is an online learning platform that helps users create and sell their courses.
Can I use Teachable for free?
There’s 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 for this. There is not any 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 may receive payouts directly to their own banks dependent on the payment scheme set from the primary school owner. It can be done 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. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set is more opted by lots of people. It has more features that fit most of what their business needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a much better fit for large organizations where multiple teachers are required to upload course materials.
Does Teachable charge any processing fees?
Yes. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.