Teachable Spencers Academy

teachable-review

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) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms had. He decided to create his own online learning platform with characteristics that he envisioned his courses and students would enjoy.

In 2020, sources say that Hotsmart acquired Teachable for approximately $250M.

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Before you continue, you may want to check out 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 Spencers Academy

Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface that makes it an excellent platform for beginners. You don’t have to have a virtual assistant or group member to do it because it already deals with your sales tracking, payment collections, and affiliates commissions. Instead, you can concentrate more on course building.

Teachable Spencers Academy

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Who Uses Teachable?

We can’t deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.

Entrepreneurs, creators, and small business owners that want to create online courses to a potentially profitable business will find using Teachables to be very excellent. 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.

More than 100,000 founders sold over $1 billion in classes and training for students all over the world as of this moment.

Here are some of the features I enjoyed in Teachable:

Ease of Use

Teachable’s best feature is being less of a technician headache and more of being your partner-in-arms to a company.

As stated earlier, Teachable prides itself on its simplicity of use. Tech beginners will find it easy to go around and operate the program.

When you register on the website, it leads you to the dashboard. There you may see headers such as users, sites, sales, emails, and courses. It is pretty straightforward. It is a lot easier for the user to upload documents, review analytics, issue refunds, and communicate with students.

Customization

You can integrate as many tools as you want as Teachable’s list of partners is pretty extensive. You will also find 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 site that you can select to create an appealing landing page. All you’ve got 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 option of inserting custom CSS or HTML to the Code Snippets region.

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Marketing, Student Tracking Tools, and Analytics Capabilities

It has all the necessary and essential sales tracking and analytics tools that you would need while attempting to analyze your path sales. You can see how well your courses have performed in specific periods.

You can provide your pupils discounts should they choose to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It is a fantastic way of increasing conversions.

You can check student enrollment and engagement in regards to student tracking. You will receive reports on how your students interact with your courses, their completion rates, and in which the students get stuck.

Teachable deals with tech and marketing for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.

Completion Certificates

You’d need a Pro or Business Plan to get this feature. The class 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 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).

Payment Options

You do not have to get a 3rd party for payment processing as Teachable comes with its in-built payment processing via Teachable Payments.

You can select your payment currency from a wide assortment of choices. You may 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 option of charging your courses as one-time purchases, monthly payments, or as a subscription.

Customer Support

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 class. But, if you have any additional queries, you can create a ticket. Normally, you’ll hear back from support within one day. Professional Teachable clients have access to live chat service.

What Plans can I avail?

Teachable allows customers to choose one of three options: Basic, Pro, and Business.

While Teachable does not have a free version, it does offer a 14-day free trial for people who wish to dip their feet first and check out its features before committing.

All plans include unlimited video, courses, and hosting. It also 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 yearly billing is selected )

All the base features include unlimited students, class 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% transaction fee on this plan.

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Pro ($119/month or $99/month if annual billing is chosen)

This includes 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 annual billing is selected )

Including everything in Pro and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, advanced theme customization, and group coaching calls. Teachable Spencers Academy

Now that I have talked about what I enjoyed about Teachable, here are a few things I do not like:

  • No free plans.
  • Teachable does not have a free plan. However, it does offer a 14-day trial.
  • 5 percent transaction fees
  • There’s a 5% transaction fee for people who opt for the Basic plan.
  • No phone support.
  • There’s no telephone number to contact for inquiries.

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 the most confused about the bunch. However, with Teachable, I found it reasonably simple. It does take some time to explore the web site, its features, and test stuff out. Akin to a duck testing the waters first.

You can teach how you want to learn by utilizing customization tools to personalize your content. Teachable Spencers Academy

You don’t need to think about marketing. Teachable has built-in features to look after taxes, payouts, affiliates, and writers. So all you have to worry about is making the content that 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 creation than the business’s technology and marketing aspect.

You may make your online course on any topic you love, and Teachable helps you turn that into a business. Why not start today?

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Frequently Asked Questions: Teachable Spencers Academy

What’s Teachable?

Teachable is an online learning platform that helps users make 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 don’t need a credit card for this. There’s absolutely not any 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 may receive payouts directly to their banks based on the payment scheme set out by the principal school owner. It can be carried out in the Preferences > 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 determined. It has more features that match most of what their business needs.

The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is 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 through a credit card, debit card, and US Paypal account. International cards are charged 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.

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