Teachable is the platform for you if you’re an entrepreneur or content creator searching for a way to transform knowledge into income.
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 access to students some platforms needed. 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.
Before you continue, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable Unit Assessment
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It’s a simple and intuitive interface that makes it an excellent platform for beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. So, you don’t need to have a virtual assistant or team member to perform it. Instead, you can focus more on course building.
Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we want to take a slice from the ever-growing demand.
Entrepreneurs, founders, and small business owners who wish to create online courses into a potentially lucrative business will find using Teachables to be very ideal. 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 creators sold over $1 billion in courses and training for students all around the world.
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 business.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the course will be found easy by tech novices.
When you register on the site, it leads you to the dashboard. There you will see headers like users, websites, sales, emails, and classes. It’s pretty straightforward. It is a lot easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
Teachable’s list of partners is pretty extensive making it possible to incorporate as many tools as you need. You will also realize that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to make an attractive landing page with Teachable’s large choice of themes for your online course website. All you have 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 choice of inserting custom CSS or HTML into the Code Snippets region.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you are trying to analyze your course sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you would need. You can see how well your courses have performed in specific phases.
You can offer your students discounts should they decide to buy a second course when you get access to advanced sales features like one-click upsells and packages from availing higher plans. It is a good way of increasing conversions.
In regards to student tracking, 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.
You don’t need to worry about monitoring student and sales insights with their comprehensive dashboards. Teachable deals with tech and marketing 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 name of the course. You may change elements of your certificate like logo, color 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 own refundable payment processing through Teachable Payments.
You may select your payment money from a wide range of choices. You may also create coupons and discount codes for students and affiliate codes. Teachable will manage affiliate payouts automatically.
Teachable has options like Stripe and PayPal and advanced payment options like Visa and Mastercard.
You have the option of charging your courses as one-time purchases, monthly payments, or as a subscription which your pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
The support is responsive. It has an extensive 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 queries. Normally, you will 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 among three options: Basic, Pro, and company.
For people who want to dip their feet first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, courses, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, basic 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 )
Each of the base features include unlimited students, class product, training 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 chosen)
Including 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 annual billing is selected )
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, advanced theme customization, and group coaching calls. Teachable Unit Assessment
Here are a few things I don’t like about Teachable now that I have talked about what I liked about it:
- No free plans.
- Teachable does not have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5 percent transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for queries.
Why should you try it?
I’m 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 website, its features, and test stuff out. Comparable to a duck testing the waters first.
You can teach the way you would like to know by using customization tools to personalize your content. Teachable Unit Assessment
You don’t need to think about marketing. Teachable has built-in features to take care of taxes, payouts, affiliates, and authors. So all you have to worry about is creating the content 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 can create on any subject you love into a company. Why not start today?
Frequently Asked Questions: Teachable Unit Assessment
Teachable is an online learning platform that helps users create and market their courses.
Can I use Teachable at No Cost?
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 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 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 banks based on the payment scheme set from the primary school owner. It can be done from 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. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is determined is more opted by many individuals. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This is a much better fit for large organizations where multiple instructors are required to upload course materials.
Does Teachable charge any processing charges?
Yes. It charges 2.9% plus 30 cents for any sale made via a credit card, debit card, and US Paypal accounts. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.