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) 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 online learning platform with features that he envisioned his courses and students could like.
In 2020, sources say that Hotsmart obtained Teachable for approximately $250M.
Before you go on, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review.
In A Nutshell The Best Teachable Alternative
Teachable allows one to create and sell online classes and coaching with videos, quizzes, and lectures. It’s a straightforward and intuitive interface which makes it an outstanding platform for complete beginners. It takes care of your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t need to have a virtual assistant or team member to perform it. Instead, you can concentrate more on course construction.
Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners who want to make online courses into a potentially lucrative business. Individuals like Pat Flynn of Smart Passive Income utilize Teachable to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 creators 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 mentioned previously, Teachable prides itself on its ease of use. Tech novices will find it easy to go around and operate the program.
When you register on the website, it leads you to the dashboard. There you may see headers like users, websites, sales, emails, and courses. It is pretty straightforward. It is a lot 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 with their power editor.
Teachable offers a large selection of themes for your online course website which you can select to create an attractive landing page. All you have to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
You have the choice of inserting custom CSS or HTML into the Code Snippets Area if you’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you are attempting to analyze your course sales, Teachables has all of the necessary and essential sales tracking and analytics tools that you’d 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 bundles from availing higher plans. It is a good way of increasing conversions.
You can check student enrollment and engagement when it comes to student monitoring. You’ll get reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
Teachable deals with technology and promotion for you so you don’t need to worry about tracking student and sales 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 aspects 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 don’t have to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You can select your payment currency from a broad assortment of choices. You may 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 pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
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. But, if you have any additional questions, you can create a ticket. Usually, you’ll hear back from service within one day. Professional Teachable clients have access to live chat service.
What Plans can I avail?
Teachable enables 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 people who want to dip their toes first and take a look at its features before committing.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, pupil 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 chosen)
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% transaction fee on this plan.
Pro ($119/month or $99/month if annual billing is chosen)
This includes all base attributes 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 annual billing is selected )
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. The Best Teachable Alternative
Here are a few things I don’t like about Teachable now that I have talked about what I enjoyed about it:
- No free plans.
- Teachable doesn’t have a free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for people who opt for the Basic plan.
- No phone service.
- There is no phone number to contact for queries.
Why should you attempt it?
I’m not the most tech-savvy person out there. Far from it, actually. I’ve had many a day being the most confused about the crowd. However, with Teachable, I found it fairly 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 know by using customization tools to personalize your content. The Best Teachable Alternative
You don’t have to think about marketing. All you have to worry about is making the content you want to sell since Teachable has built-in features to look after payouts, taxes, affiliates, and writers.
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.
You can create your online course on any subject you love, and Teachable helps you turn that into a company. Why not start now?
Frequently Asked Questions: The Best Teachable Alternative
What is Teachable?
Teachable is an online learning platform which helps users create and sell their courses.
Can I use Teachable at No Cost?
There is 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 don’t 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 can receive payouts directly to their own banks based on the payment scheme set from the primary school owner. It can be carried out from the Preferences > 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. But, many people opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is determined. It has more features that match most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This is a much better fit for large organizations where multiple instructors are needed to upload course materials.
Can Teachable charge any processing charges?
Yes. It costs 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal account. International cards are billed 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.