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 course builder himself, decided to create his online learning platform with features he envisioned his courses and students could enjoy after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources say that Hotsmart acquired Teachable for about $250M.
Before you continue, you may want to check out this video by Robert C. Brown on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
In A Nutshell When Does Dead Hard Become Teachable
Teachable allows one to make and sell online courses and coaching 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’t deny that we want to take a slice from the ever-growing demand from the fast and booming industry of online learning.
Entrepreneurs, founders, and small business owners who want to create online courses into a potentially profitable business will find using Teachables to be very excellent. 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 this moment, more than 100,000 founders sold over $1 billion in classes 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 headache and more of being your partner-in-arms to a company.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the site. There you will see headers such as users, sites, sales, emails, and courses. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes 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 realize that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Teachable offers a large choice of themes for your online course site which you can select to create an attractive landing page. 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 into the Code Snippets region 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 path sales. You can see how well your courses have performed in specific phases.
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 registration and engagement when it comes to student tracking. You will receive reports on how your students interact with your courses, their completion rates, and in which the students get stuck.
Teachable deals with technology and marketing for you so you don’t need to worry about monitoring student and sales insights with their comprehensive dashboards.
You would need a Pro or Business Plan to get this feature. 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 like logo, colour scheme, and preset pictures. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
You do not need to get a 3rd party for payment processing as Teachable comes with its own refundable payment processing through Teachable Payments.
You may choose your payment currency from a broad assortment of choices. You may also 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 pupils can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes as one-time purchases, monthly payments, or as a subscription.
The service 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. You can create a ticket if you have any additional questions. Normally, you’ll hear back from service within one day. 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 Business.
For those who want to dip their toes first and take a look at its features before committing, Teachable will offer a 14-day free trial.
All plans include unlimited video, classes, 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 chosen)
Each of the base features include unlimited students, course merchandise, coaching 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 selected)
This includes 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 and 20-admin level users, bulk student enrollments, manual student imports, custom user functions, innovative theme customization, and group coaching calls. When Does Dead Hard Become Teachable
Here are some things I don’t like about Teachable now that I have talked about what I liked 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 those who opt for the Basic plan.
- No phone support.
- There’s no telephone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy man 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 simple. Akin to a duck testing the waters first, It does take a while to explore the web site, its features, and test stuff out.
You can teach the way you would like to learn by utilizing customization tools to personalize your content. When Does Dead Hard Become Teachable
You don’t have to worry about marketing. All you have to worry about is creating the content you wish to sell since Teachable has built-in features to take care of 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.
Teachable helps you turn the online courses you can create on any topic you love into a business. Why not start now?
Frequently Asked Questions: When Does Dead Hard Become 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 do not 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 may receive payouts directly to their own banks based on the payment scheme set out by the primary school owner. It can be done in 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 annual billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual billing is set is more opted by many people. It has more features that fit most of what their business needs.
For large organizations where multiple instructors are needed to upload course materials, a much better fit would the Business Plan which costs $299/month or $249/month if annual billing is chosen.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal account, it charges 2.9% plus 30 cents. International cards are billed 3.9% and 30c. International PayPal gets charged 4.4% plus 30 cents.