If you’re an entrepreneur or content creator searching for a way to transform knowledge into income, Teachable is the platform for you.
Teachable is a learning management system (LMS) founded by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a class builder himself, decided to create his online learning platform with characteristics he envisioned his classes and students would enjoy after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say 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. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Subdomain
Teachable allows one to make and sell online classes 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 team member to do it because it already takes care of your sales tracking, payment collections, and affiliates commissions. Alternatively, you can concentrate more on course construction.
Who Uses Teachable?
We can not deny that we want to take a slice out of the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, founders, and small business owners who wish to make online courses to a potentially profitable business will find using Teachables to be ideal. Teachable is used by folks like Pat Flynn of Smart Passive Income to sell 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 coaching for students all around the world as of this moment.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech headache and more of being your partner-in-arms to a company.
As stated earlier, Teachable prides itself on its simplicity of use. Tech novices will find it easy to go around and operate the course.
The dashboard is the first thing a user would see after registering on the website. There you may see headers like users, sites, sales, emails, and classes. It’s pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes 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 find that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to create an attractive landing page with Teachable’s large selection of themes for your online course website. All you have to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
You have the option of inserting custom CSS or HTML to the Code Snippets region 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 attempting to analyze your course sales. You can see how well your courses have performed in specific phases.
You can offer your students discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It’s a fantastic means of increasing conversions.
You can check student enrollment and engagement when it comes to student tracking. You’ll get reports on how your students interact with your courses, their completion rates, and where the students get stuck.
You don’t need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing for you.
To get this feature, you would need a Pro or Business Plan. 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 program. 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).
Teachable comes with its own refundable payment processing via Teachable Payments. With this, you don’t need to get a 3rd party for payment processing.
You can select your payment currency from a broad assortment of choices. You may even 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.
Your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the option of charging your classes as one-time purchases, monthly payments, or as a subscription.
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. You can create a ticket if you have any additional questions. Normally, you will 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 one of three options: Basic, Pro, and company.
For people who want to dip their feet first and check out its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, 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 need to pay the monthly fee along with a 5% 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 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 and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Subdomain
Here are some things I do not like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable doesn’t have a free plan. But, it does offer a 14-day trial.
- 5% transaction fees
- There’s a 5 percent transaction fee for those who opt for the Basic plan.
- No phone service.
- There’s no telephone number to contact for inquiries.
Why should you try it?
I’m not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being very confused about the bunch. However, with Teachable, I found it reasonably easy. Comparable to a duck testing the waters first, It does take some time 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 Subdomain
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’ve got 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 wish to concentrate more on course creation 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 company. Why not start today?
Frequently Asked Questions: Teachable Subdomain
Teachable is an online learning platform that helps users create and market their courses.
Can I use Teachable for free?
There is 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 don’t 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 as well as PayPal payments. Owners can receive payouts directly to their banks dependent on the payment scheme set out by the principal school owner. It can be carried out 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 annual billing is chosen. But, many people opt for Teachable’s 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 teachers are needed to upload course materials, a much 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. It costs 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal account. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.