If you’re an entrepreneur or content creator searching for a way to transform knowledge into income, Teachable is the platform for you.
Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, grew frustrated over the lack of direct accessibility to students some platforms needed. He decided to create his own online learning platform with features he envisioned his courses and students would enjoy.
In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.
Before you continue, you may want to check out 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 of Teachable.
In A Nutshell Thechurchofnature Teachable
Teachable allows one to make and sell online classes and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an excellent platform for 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 focus more on course building.
Who Uses Teachable?
We can not deny that we would like to take a slice out of the ever-growing demand from the quick and booming industry of online learning.
Entrepreneurs, creators, and small business owners who wish to create online courses to a potentially lucrative business will find using Teachables to be very ideal. Teachable is utilized by folks like Pat Flynn of Smart Passive Income to market their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 founders sold over $1 billion in courses and training for students all over 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 hassle and more of being your partner-in-arms to a business.
As stated earlier, Teachable prides itself on its simplicity of use. Going around and operating the program will be found easy by tech novices.
When you register on the site, it leads you to the dashboard. There you may see headers like users, websites, sales, emails, and classes. It’s pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
Teachable’s list of partners is pretty extensive making it possible to incorporate as many tools as you want. You will also find 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 selection of themes for your online course website. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
You have the option of inserting custom CSS or HTML to the Code Snippets region if you’re an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting 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.
For higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your pupils discounts should they decide to obtain another course. It’s a good 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 courses, their completion rates, and where the students get stuck.
Teachable deals with tech and promotion for you so you don’t need to worry about tracking student and sales insights with their comprehensive dashboards.
To access this feature, you’d 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 title of the program. You may change aspects 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 in-built payment processing via Teachable Payments. With this, you don’t need to get a 3rd party for payment processing.
You may select your payment currency from a wide range of choices. You may even generate 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.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your courses 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 might ask as you start creating your first course. But, if you have any additional queries, you can create a ticket. Usually, you’ll hear back from service within one day. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose one of three options: Basic, Pro, and company.
While Teachable doesn’t have a free version, it does offer a 14-day free trial for those who want to dip their toes first and take a look at 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 )
All the base features include unlimited students, class merchandise, 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 annual billing is selected)
This includes all base features 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 yearly billing is selected )
Including everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. Thechurchofnature Teachable
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 does not have a totally free plan. But, it does offer a 14-day trial.
- 5 percent transaction fees
- There’s a 5 percent transaction fee for people who opt for the Basic plan.
- No phone support.
- There is no phone number to contact for queries.
Why should you attempt it?
I’m not the most tech-savvy man out there. Far from it, actually. I’ve had many a day being the most confused about the bunch. However, with Teachable, I found it fairly easy. Comparable to a duck testing the waters , It does take some time to explore the website, its features, and test stuff out.
You can teach how you want to learn by using customization tools to personalize your content. Thechurchofnature Teachable
You don’t need to worry about marketing. All you’ve got to worry about is making the content that you wish to sell since Teachable has built-in features to look after payouts, taxes, affiliates, and authors.
To Sum It Up
Teachable is an approachable platform for complete beginners and busy entrepreneurs who want to focus more on course creation than the business’s tech and marketing aspect.
You can create your online course on any topic you love, and Teachable helps you turn that into a business. Why not start today?
Frequently Asked Questions: Thechurchofnature Teachable
What is Teachable?
Teachable is an online learning platform that helps users make and market their courses.
Can I use Teachable at No Cost?
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 don’t 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 in addition to 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. But, many individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if yearly billing is set. It has more features that match most of what their company needs.
For large organizations where multiple instructors are required to upload course materials, a better fit would the Business Plan which costs $299/month or $249/month if yearly billing is chosen.
Can Teachable charge any processing charges?
Yes. For any sale made via a credit card, debit card, and US Paypal accounts, it costs 2.9% plus 30 cents. International cards are charged 3.9% plus 30c. International PayPal gets billed 4.4% plus 30 cents.