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 known as Fedora. Nagpal, a class builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. So, he decided to create his own online learning platform with characteristics that he envisioned his courses and students could enjoy.
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. After, you’ll want to read the rest of the article for a more comprehensive review of Teachable.
In A Nutshell Teachable Tastes
Teachable allows one to create and sell online courses and coaching with videos, quizzes, and lectures. It has a straightforward and intuitive interface that makes it an outstanding platform for complete beginners. You don’t need to have a virtual assistant or team 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.
Who Uses Teachable?
We can not deny that online learning is a quick 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 want to make online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income use Teachable to sell their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 founders sold over $1 billion in classes and training for students all around the world.
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 business.
As stated previously, Teachable prides itself on its simplicity of use. Tech beginners 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 will see headers such as users, sites, sales, emails, and courses. 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 pretty extensive making it possible to integrate as many tools as you want. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large choice of themes for your online course site which you can select to create an appealing landing page. All you have 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 option 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’d need while trying to analyze your course sales. You can see how well your courses have performed in specific periods.
For greater plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they decide to obtain a second course. It is a fantastic way of increasing conversions.
When it comes to student monitoring, you can check student enrollment 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 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 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 name of the course. You may change elements of your certificate like logo, colour scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You do not have to find a 3rd party for payment processing as Teachable comes with its in-built payment processing through Teachable Payments.
You can choose your payment money from a wide range 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.
Your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice 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 may ask as you begin creating your first course. You can create a ticket if you have any additional questions. Normally, you will hear back from support within 24 hours. Professional Teachable clients 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 doesn’t have a free version, it will offer a 14-day free trial for those who wish to dip their feet first and check out its features before committing.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, student 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 yearly billing is selected )
Each of the base features include unlimited students, course product, coaching product, a members-only community, automatic sign-ups, and two admin-level users. You’ll have 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)
This includes all base attributes 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 chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, innovative theme customization, and group coaching calls. Teachable Tastes
Now that I’ve talked about what I liked about Teachable, here are some things I do not like:
- No free plans.
- Teachable does not have a 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’m not the most tech-savvy person out there. Far from it, actually. I have had many a day being very confused about the crowd. But with Teachable, I found it fairly easy. Comparable to a duck testing the waters first, It does take a while to explore the website, its features, and test stuff out.
You can teach the way you want to learn by utilizing customization tools to personalize your content. Teachable Tastes
You don’t have to worry about marketing. Teachable has built-in features to take care of payouts, taxes, affiliates, and writers. 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 concentrate more on course production than the business’s technology and marketing aspect.
Teachable helps you turn the online courses you may make on any subject you love into a business. Why not start today?
Frequently Asked Questions: Teachable Tastes
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. 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 because of 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 as well as PayPal payments. Owners can receive payouts directly to their own banks dependent on the payment scheme set from the primary 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 set. 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 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 charges 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% plus 30c. International PayPal gets charged 4.4% plus 30 cents.