Teachable is the platform for you if you are an entrepreneur or content creator looking for a way to transform knowledge into income.
Teachable is a learning management system (LMS) founded 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. So, he decided to create his online learning platform with characteristics he envisioned his courses and students could like.
In 2020, sources say that Hotsmart acquired Teachable for about $250M.
Before you go on, 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 Vs Chalk
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 outstanding platform for complete beginners. You don’t need 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 focus more on course construction.
Who Uses Teachable?
We can not deny that online learning is a quick and booming industry. And we would like to take a slice out of the ever-growing demand.
It’s ideal for entrepreneurs, creators, and small business owners who wish to make online courses into a potentially profitable 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.
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 enjoyed 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 mentioned previously, Teachable prides itself on its ease 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 courses. It is pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.
It is possible to incorporate as many tools as you want as Teachable’s list of partners is fairly extensive. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an attractive landing page with Teachable’s large choice of topics 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.
You have the choice of inserting custom CSS or HTML to 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 course sales. You can see how well your classes have performed in specific periods.
You can provide your pupils discounts should they choose to obtain another course when you get access to advanced sales features like one-click upsells and bundles from availing higher plans. It’s a fantastic means of increasing conversions.
You can check student enrollment and engagement in regards to student monitoring. You’ll get 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 tracking sales and student insights with their comprehensive dashboards. Teachable deals with tech and promotion for you.
To get this feature, you would need a Pro or Business Plan. 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 such as 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 through Teachable Payments. With this, you do not have to get a 3rd party for payment processing.
You can select your payment money from a broad assortment 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 choice 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 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. You can create a ticket if you have any additional queries. Usually, you will hear back from service within 24 hours. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable enables customers to choose one of three options: Basic, Pro, and company.
For those who wish to dip their toes first and check out its features before committing, Teachable does offer a 14-day free trial.
All plans include unlimited video, classes, and hosting. It also has integrated payment processing, pupil management, lecture comments, basic 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 )
All the base features include unlimited students, class product, coaching 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% transaction fee on this plan.
Pro ($119/month or $99/month if yearly billing is selected)
This includes all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion class certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is selected )
This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Teachable Vs Chalk
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 totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone 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 fairly easy. It does take a while to explore the web site, its features, and test stuff out. Comparable to a duck testing the waters .
You can teach how you want to know by using customization tools to personalize your content. Teachable Vs Chalk
You don’t need 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 that you want to sell.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want 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 subject you love into a business. Why not start now?
Frequently Asked Questions: Teachable Vs Chalk
Teachable is an online learning platform that helps users create and sell 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 because of this. There’s absolutely 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 in addition to PayPal payments. Owners may receive payouts directly to their banks dependent on the payment scheme set out by the primary school owner. It can be carried out from the Settings > Payments section of the school admin. Payouts can be set daily (on a 2-day company 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 Pro Plan at $119/month or $99/month if yearly billing is determined is more opted by lots of individuals. 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 better fit for large organizations where multiple teachers are needed to upload course materials.
Does Teachable charge any processing fees?
Yes. For any sale made through a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% and 30c. International PayPal gets billed 4.4% plus 30 cents.