Teachable Vs Thinkific Review

teachable-review

If you’re an entrepreneur or content creator looking for a way to transform knowledge into earnings, Teachable is the platform for you.

Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously known as Fedora. Nagpal, a course builder himself, decided to create his online learning platform with characteristics that he envisioned his courses and students could like after getting frustrated over the lack of direct accessibility to students some platforms had.

In 2020, sources state that Hotsmart acquired Teachable for about $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 review. After, you’ll want to read the rest of our article for a more comprehensive review of Teachable.

In A Nutshell Teachable Vs Thinkific Review

Teachable allows one to make and sell online courses and training with videos, quizzes, and lectures. It has a simple and intuitive interface that makes it an outstanding platform for complete beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to perform it. Alternatively, you can concentrate more on course building.

Teachable Vs Thinkific Review

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Who Uses Teachable?

We can’t deny that we want to take a slice from the ever-growing demand from the quick and booming industry of online learning.

Entrepreneurs, founders, and small business owners who want to create online courses to a potentially profitable 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 like The New York Times, Shopify, and Penn Law.

More than 100,000 founders sold over $1 billion in courses and coaching for students all around the world as of now.

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 stated earlier, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech beginners.

When you register on the website, it leads you to the dashboard. There you will see headers like users, websites, sales, emails, and classes. It’s pretty straightforward. It is easier for the user to upload documents, review analytics, issue refunds, and communicate with students.

Customization

You can incorporate as many tools as you want as Teachable’s list of partners is pretty extensive. You’ll also realize that it is easy to create multimedia lectures, videos, homepage, and landing pages with their power editor.

Teachable offers a large choice of topics for your online course site which you can select to make an attractive landing page. All you have to do is upload the logos, text, images and select color schemes to fit your business’ branding.

If you’re an advanced user, you have the choice of inserting custom CSS or HTML into the Code Snippets Area.

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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 trying to analyze your course sales. You can see how well your courses have performed in specific phases.

You can provide your students discounts should they decide to obtain a second course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It’s a good way of increasing conversions.

You can check student enrollment and engagement in regards to student tracking. You’ll get reports on how your students interact with your classes, their completion rates, and where the students get stuck.

Teachable deals with tech and marketing for you so you do not need to worry about monitoring sales and student insights with their comprehensive dashboards.

Completion Certificates

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 title of the course. You may change elements 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

Teachable comes with its own refundable payment processing via Teachable Payments. With this, you do not have to find a 3rd party for payment processing.

You may select your payment currency from a broad 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.

You have the option of charging your courses as one-time purchases, monthly payments, or as a subscription which your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.

Customer Support

The service 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 class. You can create a ticket if you have any additional queries. Normally, you’ll hear back from support within 24 hours. Professional Teachable customers have access to live chat service.

What Plans can I avail?

Teachable enables customers to choose among three options: Basic, Pro, and Business.

For those who want to dip their toes first and check out its features before committing, Teachable will offer a 14-day free trial.

All plans include unlimited video, classes, and hosting. It also has integrated payment processing, student 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 )

Each of the base features include unlimited students, class product, training 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% transaction fee on this plan.

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

Including all base attributes plus priority product support, advanced reports, five admin-level users, an unbranded website, and completion class certificates, among others–no transaction fees.

Business ($299/month or $249/month if annual billing is chosen)

This includes everything in Pro and 20-admin level users, bulk student enrollments, manual pupil imports, custom user functions, advanced theme customization, and group coaching calls. Teachable Vs Thinkific Review

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

  • No free plans.
  • Teachable doesn’t have a totally free plan. However, 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 support.
  • There’s no telephone number to contact for inquiries.

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 crowd. But 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 want to learn by using customization tools to personalize your content. Teachable Vs Thinkific Review

You don’t need to think about marketing. All you have to worry about is creating the content you wish to sell since Teachable has built-in features to look after payouts, taxes, affiliates, and authors.

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 may make on any topic you love into a business. Why not start now?

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Frequently Asked Questions: Teachable Vs Thinkific Review

What is 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. 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 because of 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 own 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 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 more popular Pro Plan at $119/month or $99/month if yearly billing is determined is more opted by many individuals. It has more features that fit most of what their company needs.

The Business Plan also costs $299/month or $249/month if yearly billing is chosen. This would be a much better fit for large organizations where multiple teachers are required to upload course materials.

Can 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 accounts. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% and 30 cents.

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