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) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a class builder himself, decided to create his own online learning platform with characteristics he envisioned his courses and students would like after getting frustrated over the lack of direct access to students some platforms had.
In 2020, sources state 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. After, you’ll want to read the rest of the article for a more comprehensive review.
In A Nutshell Where Is The Scripture Speaking About Teachable
Teachable allows one to make and sell online classes and training with videos, quizzes, and lectures. It has a straightforward and intuitive interface which makes it an excellent platform for complete beginners. You don’t have 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 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 that want to make online courses into a potentially profitable business will find using Teachables to be very ideal. Folks like Pat Flynn of Smart Passive Income utilize Teachable to market their courses to students.
You also have enterprises such as The New York Times, Shopify, and Penn Law.
As of now, more than 100,000 founders sold over $1 billion in classes and coaching for students all over 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 company.
As mentioned previously, Teachable prides itself on its simplicity of use. Tech beginners 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 site. There you may see headers like users, sites, sales, emails, and courses. It is pretty straightforward. Uploading documents, reviewing analytics, issuing refunds, and communication with students becomes a lot easier for the user.
It is possible to integrate as many tools as you need as Teachable’s list of partners is pretty extensive. You will also find that you can easily create multimedia lectures, videos, homepage, and landing pages with their power editor.
Users can select to create an appealing landing page with Teachable’s large selection of themes for your online course site. All you’ve got 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 region if you are an advanced user.
Marketing, Student Tracking Tools, and Analytics Capabilities
When you’re attempting to analyze your path 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.
You can provide your pupils discounts should they decide to buy another course when you get access to advanced sales features like one-click upsells and bundles from availing greater plans. It’s a fantastic way of increasing conversions.
When it comes to student tracking, you can check student enrollment and engagement. You will receive 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 don’t need to worry about monitoring sales and student insights with their comprehensive dashboards.
You would need a Pro or Business Plan to access 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 name of the program. You may change elements 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).
Teachable comes with its own refundable payment processing via Teachable Payments. With this, you do not need to get a 3rd party for payment processing.
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 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 students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay.
The service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you start creating your first course. You can create a ticket if you have any additional questions. Usually, you’ll 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.
While Teachable doesn’t have a free version, it does offer a 14-day free trial for people who want to dip their toes first and check out its features before committing.
All plans include unlimited video, classes, and hosting. Additionally, it has integrated payment processing, student management, lecture comments, basic quizzes, no fees on free courses, 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 merchandise, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have to pay the monthly fee together with a 5 percent transaction fee on this plan.
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 plus 20-admin level users, bulk student enrollments, manual pupil imports, custom user roles, advanced theme customization, and group coaching calls. Where Is The Scripture Speaking About Teachable
Now that I have talked about what I enjoyed about Teachable, here are a few things I don’t like:
- No free plans.
- Teachable doesn’t 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’s no telephone number to contact for inquiries.
Why should you try it?
I am not the most tech-savvy person 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 simple. It does take some time to explore the website, its features, and test stuff out. Akin to a duck testing the waters .
You can teach how you want to know by using customization tools to personalize your content. Where Is The Scripture Speaking About Teachable
You don’t need to worry about marketing. Teachable has built-in features to look after taxes, payouts, affiliates, and authors. So all you have to worry about is creating the content you wish 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 technology and marketing aspect.
You can create your online course on any subject you love, and Teachable helps you turn that into a business. Why not start now?
Frequently Asked Questions: Where Is The Scripture Speaking About Teachable
What is Teachable?
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable for free?
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 for this. There is no 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 banks dependent on the payment scheme set out by the principal school owner. It can be carried out from the Settings > 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 annual billing is chosen. However, Teachable’s more popular Pro Plan at $119/month or $99/month if annual 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 annual billing is chosen. This is a better fit for large organizations where multiple instructors are required to upload course materials.
Does Teachable charge any processing fees?
Yes. It charges 2.9% plus 30 cents for any sale made through a credit card, debit card, and US Paypal accounts. International cards are charged 3.9% plus 30c. International PayPal gets charged 4.4% plus 30 cents.