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CONSUMER&
BRANDBrandKPIs
for
online
educationservices:
Teachable
in
the
UnitedKingdomConsumer
Insights
reportNovember2024Discover
your
Brand
KPI
scores.
Benchmark
against
competitors
and
measureyour
brand’s
marketimpactIntroduction:
studydetailsThe
reportMethodologyThisreport
hasbeen
created
usingthe
datafromStatista’sConsumer
InsightsBrand
KPIs.Thereportprovides
you
with
key
consumer
insightsandbenchmarks
forabrand’sperformance
againsttheindustryoverall
and
theircompetitors.Design:OnlineSurveyDuration:
approx.
15
minutesLanguage:official
language(s)
ofeach
country
withAmerican
Englishoffered
asanalternativeRegions:Brazil,Germany,
India,
Mexico,
U.S.
and
UKNumberofrespondents:approx.
3750Ourdataallows
you
tomeasure
each
brand’spositioninthe
market
bycreating
aprofile
usingStatista’s5key
performance
indicators.
Which
are:
awareness,popularity,usage,loyalty,and
media
buzz.Sample:
Internet
users,
aged18
-64,
quotasset
ongender
and
ageThisreport
is
basedon
Teachable’s
performance
inthe
online
education
service
market.Fieldwork:August-September
2024Ifyou
would
liketofind
out
more
abouttheConsumerInsightsatStatista
or
theBrandProfiler,
please
clickthe
linkbelow.2Notes:Sources:
Statista
Consumer
Insights
Global,
asofNovember202466%
of
Teachable
users
display
loyalty
towards
the
brandIntroduction:
key
insightsWhodoesthebrandappeal
to?How
doesthebrandperform
inthemarket??Teachable’s
brandingresonates
more
with?TeachableranksoutsidetheTop10
inawarenessMillennialswithin
the
online
education
service
market?Teachablegenerally
appealsto
men
more
thanwomen?Thepopularity
ratingof
Teachableis
28%?TeachableranksoutsidetheTop10
inusage?Among
Teachableenthusiasts,52%
fall
underthehigh-income
category?Interms
of
loyalty,Teachable
isoutsidetheTop10
inthe
United
Kingdom?Consumers
want
theironlineeducation
servicebrandstohavereliability,
honesty
/trustworthiness,andfriendliness?Teachablehasascore
of
16%
formedia
buzz3Sources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
01Brand
profileInthissection,
we
show
the
demographics
and
attitudesof
consumers
who
saytheylikethisbrandversus
the
share
ofindustryusers.
Thechapteraimsto
bringclarity
tocompanies
who
want
to
know
whotheirbrandingiscurrently
appealingtoand
what
theythinkaboutthe
industry.4Loyalty
is
the
highest
scoring
KPI
for
Teachable
at
66%Brand
profile:
snapshotBrand
performance
of
Teachableinthe
UnitedKingdom66%28%28%16%15%AwarenessPopularityUsageLoyaltyBuzz5Notes:Online
education
services‘awareness’,‘popularity’,
‘usage’,‘loyalty’and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,247,
all
respondents
(awareness),
n=343,
respondents
who
know
the
individual
brand
(popularity),
n=343,respondents
who
know
the
individual
brand
(usage),
n=53,
respondents
who
have
used
the
individual
brand
(loyalty),
n=343,
respondents
who
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Teachable’s
branding
resonates
morewith
MillennialsBrand
profile:
consumer
demographics
(1/3)Measuring
attitudesand
opinions
among
generationshelpsidentifyyourtarget
audience
foryournextcampaigns.Share
ofgenerations47%Withthatinmind,when
looking
atthe
shareofconsumers
who
likeTeachable
bygeneration
versusthe
share
of
industryusers
ingeneral,
we
cansee
thatTeachable
islikedby4%
of
Babyboomers
and
21%
ofGen
Xers,
whereas
thetotalshare
ofindustryusers
is5%
and
25%,
respectively.40%30%27%25%21%ForMillennials
andGen
Z,
47%
and
27%
feel
positivelytowards
Teachable,
versus
40%
and
30%.
Socurrently,forTeachable,
Millennials
connect
most
withtheirbrandcompared
tothe
overall
industryuser.5%4%Gen
ZMillennialsGen
XBaby
BoomerBrand
enthusiastIndustryuser6Notes:“How
oldareyou?”;Single
Pick;“When
it
comestoonline
education
services,which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=95,
Teachable
enthusiast,
n=759,
online
education
serviceusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Teachable
generally
appeals
to
men
morethan
womenBrand
profile:
consumer
demographics
(2/3)GenderTheGender
splitbetween
brandenthusiastsof
Teachable
shows
thatwomen
are
lesslikely
to
haveanaffinitywith
the
brandcompared
to
men.LGBTQIA+statusUnderstanding
and
respecting
thediverse
needsandidentitiesof9%9%consumers
is
becoming
more
and
moreimportant,notjustfrom
asensitivitypointof
view,
but
also
fromrecognizingpotential
businessopportunities
thatcome
withinclusivity
and
diversity.
Andcurrently,
Teachablehasasimilarproportion
of
LGBTQIA+
consumerswhen
compared
tothe
industryusers
ingeneral.37%63%63%
ofmen
likeTeachable
compared
to37%
ofwomen,
whereas
fortheoverallindustry,50%
of
women
useonlineeducation
services
compared
to50%
ofmen.50%50%86%87%9%
of
Teachableenthusiastsconsiderthemselves
to
bepartof
the
LGBTQIA+community
compared
to9%
amongindustryusers
overall.Brand
enthusiastFemaleIndustryuserMaleBrand
enthusiastIndustryuserNot
givenYesNo7Notes:“What
is
yourgender?”;Single
Pick;“Doyouconsider
yourself
partofthe
LGBTQ+community?”;
Single
Pick;
“When
it
comes
to
online
education
services,which
ofthe
following
brands
do
youlike?”;Multi
Pick;Base:n=95,Teachable
enthusiast,
n=759,
online
education
serviceusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Teachable
enthusiasts,
52%
fall
under
the
high-income
categoryBrand
profile:
consumer
demographics
(3/3)HouseholdincomeThegraphillustratestheannualhousehold
income
distribution
amongenthusiastsof
thebrand
anduserswithin
the
industry.HouseholdtypeThechartshows
thehousehold
type,takinginto
account
factorssuchashousehold
size,
familystructure,
andthe
number
ofchildren.8%13%Single14%17%42%CoupleSingleparentNuclear52%
ofTeachable
enthusiastsarefromhigh-income
households.Teachable’s
brandisgenerally
enjoyedmore
byconsumers
who
arepartof
anuclearhousehold,
51%
of
Teachableenthusiastshavethiscurrent
livingsituation.52%6%9%51%38%32%26%Multi-generational4%3%34%15%15%ExtendedOther14%2%5%Brand
enthusiastIndustryuserLowHighMediumBrand
enthusiastIndustryuser8Notes:Recode
based
on’’Monthly/annual
household
income
(local
currency)’’;Single
Pick;Typology
basedon
’’household
size’’,
’’household
constellation’’
and
’’children
under
the
ageof14
in
household’’;
Single
Pick;“When
it
comesto
online
education
services,
which
ofthe
following
brands
do
youlike?”;
Multi
Pick;
Base:
n=95,
Teachable
enthusiast,
n=759,
online
education
serviceusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Consumers
want
their
online
education
service
brands
to
have
reliability,honesty
/
trustworthiness,
and
friendlinessBrand
profile:
qualitiesQualitiesuserswant
from
onlineeducation
servicebrandsForonline
education
services,
thetopthree
qualitiesusers
want
from
abrandarereliability,
honesty
/trustworthiness,andfriendliness.Authenticity80%Thrill/ExcitementSustainabilityBoldnessCleverness60%40%20%0%Teachable
users
also
appreciatethesekey
attributes,indicating
Teachableexudes
thesequalities.SocialresponsibilityCoolnessThequalitiesthatTeachableenthusiastsareleast
focused
on
arethrill/excitement
andexclusivity.ReliabilityExclusivityTeachable
shouldwork
onpromotingreliability
to
convert
enthusiastsintoowners.InnovationInclusivenessFriendlinessHighvalueHonesty/trustworthinessIndustryuserBrandenthusiastBrandowner9Notes:“When
it
comesto
online
education
services,
which
ofthese
aspects
are
mostimportant
to
you?”;Multi
Pick;
“When
it
comes
toonline
education
services,which
ofthe
following
brands
do
youlike?”;Multi
Pick;“When
itcomesto
online
education
services,which
ofthe
following
brands
have
youused
in
the
past
12
months?”;
Multi
Pick;Base:n=53,
Teachable
users’,n=95,
Teachable
enthusiast,
n=759,
online
education
serviceusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024Among
Teachable
fans,
53%
state
that
they
get
excited
about
online
educationservicesBrand
profile:
attitudesWhat
doconsumersthink
ofonlineeducation
servicesin
general?59%55%53%51%49%31%30%29%29%29%28%16%Sustainability
is
Ivaluealow
priceimportant
to
me
over
highqualityIamwellinformedIrely
onbrands
Iget
excited
about
IliketotalkaboutIknow
and
trust
onlineeducation
topicsrelating
toservicesonlineeducationservicesBrand
enthusiastIndustryuser10
Notes:“Which
ofthese
statements
about
online
education
servicesdo
youagreewith?”;
Multi
Pick;“When
it
comesto
online
education
services,
which
ofthe
following
brands
do
you
like?”;Multi
Pick;Base:
n=95,
Teachableenthusiast,
n=759,
online
education
serviceusersSources:
Statista
Consumer
Insights
Global,
asofNovember2024CHAPTER
02Brand
KPIs
&
benchmarkingInthischapter,youcansee
howabrandperforms
againsttheirmaincompetitors
inthe
marketplace.Thissection
allows
benchmarking
ofthekey
performance
indicatorsfrom
the
brandprofile
againsttheindustryasawhole
andotherindustryleaders.1166%
of
Teachable
users
display
loyalty
towards
the
brandBrand
KPIs
&benchmarking:
IndustrycomparisonBrand
performanceWhen
itcomes
to
online
education
services,
theaverage
awareness
of
abrandinthe
United
Kingdomis31%.
Awareness
ofTeachable,
however,
isat28%.Awareness28%
ofUK
onlineeducation
service
users
saytheylikeTeachable,
compared
toanindustryaverage
brandpopularity
of34%.15%
ofindustryusers
intheUnitedKingdomsaytheyuseTeachable,
with
the
average
usageof
abrandat24%.BuzzPopularity66%
ofbrandusers
saythey
would
usethe
brandagain,compared
toanaverage
loyalty
score
of
76%.Teachable
hasbeen
noticed
less
inthe
mediacompared
to
other
brands,with
a“Buzz”score
of16%compared
to
24%.LoyaltyBrandUsageIndustryaverageSooverall,
the
results
showtheir
performance
tobebelow
average
compared
to
theindustry.12
Notes:Online
education
services‘awareness’,‘popularity’,
‘usage’,‘loyalty’and
‘buzz’
by
brand;
Multi
pick;
Base:
n=1,247,
all
respondents
(awareness),
n=343,
respondents
who
know
the
individual
brand
(popularity),
n=343,respondents
who
know
the
individual
brand
(usage),
n=53,
respondents
who
have
used
the
individual
brand
(loyalty),
n=343,
respondents
who
know
the
individual
brand(buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Teachable
ranks
outside
the
Top
10
in
awareness
within
the
online
educationservice
marketBrand
KPIs
&benchmarking:
awarenessSummaryAwarenessofTeachableRank#
BrandAwareness
%Driving
recognition
will
lead
to
growing
yourcustomerbaseand
measuring
brandawareness
isakeycomponent
toachieve
this.Withthisscore,
you
cangaugethe
current
market
presence
ofabrand,understandthebrand’svisibility,competitiveness,
andrecognition
among
theirtarget
audience.
Further
tothis,itisaperfect
way
toassess
yourcurrentmarketing
strategies.1Duolingo58%54%42%41%32%30%30%29%29%28%2LinkedInLearningRosettaStoneBabbel28%345UdemyUsingtheconcept
of
aided
brand
recognition,
showingrespondents
both
the
brand’slogo
andthe
writtenbrandname,we
asked:
“Doyou
know
thisbrand,
evenifonly
byname?”.6FutureLearnCoursera772%8KhanAcademySkillshareOutofallrespondents,
28%
were
aware
of
Teachable.Thisranksthemoutsidethe
Top
10
compared
tootherbrandssurveyed
inthismarket.9AwarenessN/A10MasterClass13
Notes:“Doyouknow
this
brand,
evenif
only
by
name?”;Multi
Pick;
Base:
n=1,247,
all
respondents
(awareness)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024The
popularity
rating
of
Teachableis
28%Brand
KPIs
&benchmarking:
popularitySummaryPopularity
ofTeachableRank#
BrandPopularity%ThepopularityKPIisagreat
indicatorof
brandperception
among
current
andpotentialfuturecustomers.
Thesocial
proof
provided
byahigh
scorecansignifyhow
trustworthy
abrandisandinfluenceconsumer
engagement.
Brandswith
alarge
engagedfollowing
canoften
enjoy
higherlevels
of
advocacyandloyalty.1Duolingo62%48%45%40%39%38%35%33%30%30%2Coursera28%3LinkedInLearningKhanAcademyUdemy4Outofconsumers
who
knew
thebrand,
28%
saidtheyliked
Teachable.
Thisranksthemoutside
the
Top
10compared
to
other
brandssurveyed
inthismarket.56MasterClassedX772%8CodecademySkillshare9PopularityN/A10RosettaStone14
Notes:“When
it
comesto
online
education
services,
which
ofthe
following
brands
do
you
like?”;Multi
Pick;Base:
n=343,
respondents
who
know
the
individual
brand
(popularity)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Teachable
ranks
outside
the
Top
10
in
usageBrand
KPIs
&benchmarking:
usageSummaryUsage
ofTeachableRank#
BrandUsage
%51%Afterpopularity,we
want
tocover
thevalueactiongapsotounderstandifthe
brandwas
alsobeing
used,weasked
each
respondent:
“When
itcomes
to
onlineeducation
services,
which
ofthefollowing
brandshaveyou
used
inthepast12
months?”.1Duolingo15%2Coursera43%3LinkedInLearningUdemy33%Outofconsumers
who
knew
thebrand,
15%
saidtheyused
Teachable.
This
ranksthemoutsidetheTop10compared
to
other
brandssurveyed
inthismarket.432%5KhanAcademyMasterClassCodecademyedX27%626%724%823%85%9FutureLearnSkillshare22%UsageN/A1020%15
Notes:“When
it
comesto
online
education
services,
which
ofthe
following
brands
have
you
used
in
the
past12
months?”;
Multi
Pick;
Base:
n=343,
respondents
who
know
the
individual
brandSources:
Statista
Consumer
Insights
Global,
asofNovember2024In
terms
of
loyalty,
Teachableis
outside
the
Top
10
in
the
United
KingdomBrand
KPIs
&benchmarking:
loyaltySummaryLoyalty
ofTeachable’sconsumersRank#
BrandLoyalty
%88%Afterascertaining
the
usageof
abrandinthe
last12months,the
next
most
important
indicatorisbrandloyalty.
Thisscore
allows
ustoestablish
whether
abrandisperforming
well
inregard
to
customerretention.
Measuring
brandloyalty
establishes
aclearfeedback
loop
with
customers,
providing
valuableinsightsinto
customer
satisfaction
and
preferences.
Itisalso
apowerful
predictor
to
help
guide
marketingstrategies
andforecast
futuresalesandrevenue
moreaccurately.1Duolingo2RosettaStoneUdemy87%34%387%4MasterClassLinkedInLearningThinkific86%582%680%Tomeasure
the
loyalty
of
theseconsumers
we
askeach
respondent:
“When
itcomes
to
online
educationservices,
which
ofthefollowing
brandsare
youlikelytouseagain
inthefuture?”.66%Coursera80%78Babbel79%9LearnWorldsedX75%Outofrespondents
whohaveused
Teachable,
66%saidthey
would
usethebrand
again.LoyaltyN/A1074%16
Notes:“When
it
comesto
online
education
services,
which
ofthe
following
brands
areyoulikely
touse
againin
the
future?”;
MultiPick;Base:
n=53,
respondents
who
have
used
the
individual
brand
(loyalty)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024Teachable
has
a
score
of
16%
for
media
buzzBrand
KPIs
&benchmarking:
buzzSummaryBuzzofTeachableRank#
BrandBuzz%43%Isthebrand
hot
or
not?Isitcausingastirinthemediaandonline,tofind
thisoutwe
asked
each
respondent:“Whichof
the
following
brandshaveyounoticed
inthemedia,on
social
media,or
inadvertising
inthepast3months?”.1Duolingo16%2Coursera39%3LinkedInLearningCodecademyedX31%Outofconsumers
who
knew
thebrand,
16%
saidtheyhadheardaboutTeachable
inthe
media.
ThisranksthemoutsidetheTop10
compared
to
other
brandssurveyed
inthismarket.430%528%6MasterClassUdemy26%725%8SkillshareBabbel25%84%924%BuzzN/A10KhanAcademy21%17
Notes:“Which
ofthe
following
brands
have
younoticed
in
the
media,
onsocial
media,
orin
advertising
in
the
past3months?”;
Multi
Pick;
Base:
n=343,
respondents
who
know
the
individual
brand
(Buzz)Sources:
Statista
Consumer
Insights
Global,
asofNovember2024STATISTACONSUMER
INSIGHTSUnderstand
what
drivesconsumersGainabetterunderstandingofconsumers,brands,andmarkets.Withthe
Statista
Consumer
Insights,
youget
access
tostreamlinedmarketresearchtoolsandallresultsofthe
exclusiveStatista
surveys.
Leverage
consumerinsightstomakedata-drivendecisions
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