Can You Make Money On Thinkific

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The Internet is full of information. There are millions of websites online that provide all the things you might be interested about. What better way to get it done than through online courses? Online courses are in vogue these days. In addition, as its popularity grows even more because of the recent outbreak of pandemics This format is becoming increasingly useful in providing users with the knowledge they require. It’s also become more valuable financially, as the market for paid courses is gradually gaining momentum.

Today, we’ll be doing an overview of Thinkfic is a well-known brand in the field of online courses. Let’s look at what it has to offer in terms of price and features to the integrations and interaction. We’ll inform you if this is worth trying or not. Should you be an educator, or influencer looking for alternative methods to share your content, keep reading!

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For those of you who prefer a more visual experience, here is a video review from SoftwarePundit’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Thinkific.

Overview: What’s Thinkific? Can You Make Money On Thinkific

Thinkfic can be described as a well-known LMS (learning management system) platform that is focused on providing a scalable and productive learning environment for both the student as well as the instructor. It’s a solid choice among business owners and entrepreneurs who specialize in selling online classes. With Thinkific it is possible to develop courses using a variety of templates, formats, and lesson formats to pick from. You can integrate videos and images into your classes, let your students upload their work whenever you wish, make fun and interactive quizzes, and even give certificates to be awarded to those who made it through the whole curriculum.

Making your online courses available to sell has become easy. Thinkific lets aspiring edupreneurs like you to manage how they are accessible. You can put your courses up free of charge or set up subscription fees so you can earn from providing your students with useful information. Marketing and sharing tools are also within your reach because they are compatible with a wide range of third-party applications, from marketing to automation and even to online shopping. Thinkific is currently utilized by more than 36,000 edupreneurs as well as enterprises, including major-name brands like Hootsuite, Samsung, Intuit and many other companies!

Thinkific The Pricing

Thinkific offers four pricing plans that start with the Free tier that’s ideal for people who are just starting. The Basic plan, which costs $39 per month (if it is paid every year) is a significant leap from the Free plan and comes with added features. Premiere includes the tools, integrations and features of the previous tiers combined at $399 per month.

The Pro plan at $79/month offers all the features that entrepreneurs need In addition, there is a Growth add-on package for a more enhanced teaching experience at only $50 per month, on top of the Pro tier. An absolutely free SSL certificate is included in all plans to provide additional security between teachers and students. A 30-day guarantee on refunds is also included along with the paid plans. If you’re not happy you can get your money back 100 percent!

Thinkific Site Builder

Thinkific’s Site Builder is a web editor that allows you to build a beautiful, professional-looking set of pages for your course site. With this feature, you are able to either choose from any of the three themes in the in-house library or export them from third-party suppliers. While you’re not allowed to have complete control of editing your website, you get a wide array of customization options for you to experiment with. Apart from making use of templates for pages, you can incorporate your personal branding elements, such as logo and design assets images, photos, and other forms of media to your site. You could even personalize it to fit your specific URL! Can You Make Money On Thinkific

Who needs a website domain when Thinkific lets you build your own at no additional cost? Not only are you provided with a platform to develop a platform that you can call your own. Additionally, you’ll have more time to concentrate on the launch and making money from your course content. Through the Site Builder program, you’ll have the option of creating from a rich list of possibilities for pages for your site like:

  • The homepage;
  • The landing page on which everything redirects you to your courses;
  • The page on courses that allows students to choose from any of your courses;
  • The sales and check-out pages on which transactions are processed;
  • The sign-in page is for your subscriber students to log in.
  • The thank you page; and
  • Other pages, such as
    • The dashboard of students for students’ information,
    • The coming soon page for future course updates, and
    • The page for student certificates.

Can You Make Money On Thinkific

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Additionally, you may also configure what the course site will look like other than the standard desktop display. The mobile version of the site which lets your students view as well as interact with you service via their mobile devices, however it’s important to remember that this feature is only restricted to administrators who subscribe to the highest-priced plans

Students Management, Interactions and Student Engagement

The unique system of Thinkific lets educators like you manage a strong connection with students who are trying out the products you offer. The system’s data collection feature allows users to have access to your students’ contact information once they’re registered in the system. Alongside the simple managing of data, Thinkific also comes with the Groups feature which lets you to increase the revenue of your business and evaluate the success of your classes by dividing your students into groups by cohort, company, time, enrollment, and the type of job.

The management aspect apart, Thinkific can make it easier to manage teacher-student interactions without the stress of using social platforms such as Facebook as well as Discord. Built-in Discussion feature allows students to discuss the information from your classes, while the Communities and Spaces functions provide a platform to create specific community forums that cover a variety of subjects and interests.

Notifications

Notifications are a great method for you and your subscribers to be informed every time something related to your course occurs. You may configure how your students will receive notifications through your admin settings. You may choose to send them about their progress on the particular course when they complete it, and whenever a fellow student posts a comment under an article discussion and so on. Can You Make Money On Thinkific

Learn online, take classes, and Credentials

Making courses is now easy as ever thanks to Thinkific’s unique online course editor provides edupreneurs with a wide selection of lesson plans and templates along with the flexibility of customization options we previously mentioned. They also provide credential and certificate tools to be awarded to those who completed any of your courses.

Course Templates

Thinkific has a wide array of course templates that you can utilize without worrying about creating from scratch up. Each template is customizable, and you can design one based on the curriculum you’d like to present.

1. Flagship Course Template

The most popular course is a major online course that concentrates on the instructor’s field of knowledge. You can create an enriching curriculum based on whatever you specialize in. If you’re an expert in, for instance, content creation You can make a flagship course with details about it.

2. Mini-Course Template

Mini-courses are shorter, inexpensive versions of the main course. Think of it as a teaser, if you will. The mini-course template was created to draw in students and to generate leads for your fully-fledged courses.

3. Template for Pre-Sell

The pre-sell template is a great way to see how the course will be received prior to it’s finalized. It lets you put up the landing page for the course you’re offering to see if your target audience likes it enough to try it out for themselves.

4. Digital Download Template

Digital download templates allows you to develop a course that can be downloaded when your audience, for example is on your email list. This is a great way to generate leads and earn money if you wish to expand your reach further.

5. Webinar Replay

This template for webinars allows the upload of a pre-recorded replay of your web-based seminar for your audience to review or catch up if the audience missed your presentation.

6. Blank Template

If you’d like to create a fully customized course you can use an option to create a blank template where you can start from scratch. You can choose from a variety of lesson types, tips and tools that will help you make the most of creating a detailed course.

7. Membership Resource Library

The membership resource template allows you to upload educational material that is included as an added bonus. This feature is available if you run a membership/course bundle.

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Lessons of Various Types

There are 12 different types of chapters – or lessons available for you to select from. The Course Builder gives instructors and instructors with a vast selection of lessons, all that can be adapted to any topic, from the chapter’s title all the way to the information and files available for input.

Video Lessons

Video lesson chapters are just among the best and most effective methods for students to gain knowledge. Thinkific supports all video formats possible including MP4 FLV, MP4, and even MOV files. Once uploaded and incorporated into the course outline the videos are then saved to the Video Library, where they can be reused in future courses.

Quiz Lessons

It allows you to add questions by entering the questions students will be able to see, and then providing the answers for them to select from. The quiz chapter template is entirely available in multiple choice, and you get to choose whether you want to have one or multiple correct answers.

Multimedia Lessons

Multimedia chapters allow you to link out to various streams of information outside of Thinkific. You may incorporate tons of these, from the tools for webinars like Zoom to surveys and presentations and even to Google Docs files. You also have the option of integrating other third-party creators of courses including Articulate Storyline and Adobe Captivate however, this is only limited in the Pro as well as Premiere pricing plans.

Text Lessons

The template for the text-based lesson doesn’t only allow you to type in text characters. It also lets you include audio, images, downloadable files, and even embedded hyperlinks to YouTube videos. Can You Make Money On Thinkific

Survey Lessons

The specially designed survey forms from Thinkific let your students chime with their ideas, feedback or any other information into an analysis of data that you can view. You can add this chapter at any time during or after the course. There are three options available for you to pick from including scale-based, rating-based, or answer-based surveys.

Downloadable Lessons

This chapter allows you to upload zip files, PDFs, audio-visual files and more. for students to download within the course player, so that they could have an accessible guides for the course to follow.

PDF Lessons

Alongside downloadable files they are also able to be uploaded for your students to see in the course. It is possible to add PDF files and turn them into accessible lessons that students can access without the need to download and take them home.

Presentation Lessons

Thinkific uses in-house tools to permit you to upload and showcase your slide presentations – in PDF form to students within the course. It is possible to provide an download link for your students to use during their free time, and a voice-over function that you can record for each slide.

Audio Lessons

With Thinkific, you may add videos or presentations as well as PDF documents among other things. You can also choose to add an audio-only chapter, by uploading MP3 files like MP3, to any of your courses for students to listen to.

Assignment Lessons

Assignment lesson chapters let teachers such as you collect student submissions including reports, projects, written essays, and more. Take note that this type of chapter is only available on select plans beginning with The Pro Plan.

Brillium Exam Lessons

Exam chapters let you pick from a greater selection of types of questions than the standard multiple choice option, such as filling in the blanks. You can also branch out to succeeding questions using the answers to previous ones, and get robust reporting details. All this is only made possible through integration with Brillium, which is limited to the most expensive plans that start from the Premiere tier.

Live Lessons

Live lesson chapters was recently introduced to Course Builder. As this feature is in beta, we can expect it to have a few limits in terms of functionality. In addition, the live feature is an excellent method for instructors to communicate knowledgeable information to their learners in real-time.

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Credentials and Certificates

Available only in the Pro plan and up you can issue completion certificates and other credentials to students who completed the course you taught on Thinkific. This is made possible by its integration with credential specialist Accredible. There’s a possibility that you may encounter a Thinkific-themed certificate template, which can look a bit too drab. This is where Accredible can help With a mix of features and editing capabilities from both platforms, you can choose to customize how you want your certificates to look design-wise starting from the borders up to the text.

Other Features of a Course Builder that are useful

This Bulk Importer feature allows you to upload as much files as you would like to upload to your course in one go. As opposed to having to upload each one by one it gives you more time to prepare and work on other aspects. This is especially useful for educators who have a lot of work to do.

The Drip Scheduler, on its own, allows you to plan your classes at the exact date and time. This feature is useful in keeping your student audiences fully engaged and balanced in the storage of information.

Payment Marketing, Selling, and Payment

The idea of marketing as well as selling the product or service to the desired target audience can be much more difficult to comprehend when you don’t have enough tools to get things up and running. There are many options to choose from. LMS platforms, including Thinkific are equipped with the majority, if not all, of the most essential features related to merchants ready for use.

Payment Options

If you plan on making a profit from paid online courses, you might want to connect your Thinkific account to one among the payment companies which have been tightly integrated with the platform. Stripe as well as PayPal are typically required to process payments from your learners. Can You Make Money On Thinkific

We’re all aware of the basics of what PayPal is and how it operates because it’s among the most popular payment methods in the world. However, if you’re still not familiar with the process, PayPal is where you pay for goods through the transfer of a percentage of your balance money to the merchant you’re buying from.

Stripe, on its own, process cashless transactions from many other e-wallet providers all over the world, which function similarly to PayPal. It also processes debit and credit card transactions from different banks in different locations.

Student Pricing Options

Making a decision on how you’re going to sell the content you offer to your learners is an essential step in marketing and sharing your products across the globe. It doesn’t matter if it’s cost-free or needs multiple payment, Thinkific offers four pricing options you can set up for students who wish to utilize it for free, one-time payments as well as membership or subscription and monthly payment.

  • Free – This lets you give your students content free of charge. If you’re a business owner this can be employed as a lead generator or a bonus feature to your paid services.
  • One-time payment – You charge students a one-time fee for the course material. As an option, you can also establish an enrollment duration for how long they can access your learning materials.
  • Subscription/membership – If you’re in charge of a membership site, this option is the best one. Students are charged recurring monthly fees to have access to all your content. Note that this option is only available for plans starting from the Pro tier.
  • Payments for monthly recurring payments – The entire cost of your course is divided into monthly installments, to be paid by the students, especially without any anxiety about a financial loss on their own. The option, similar to the subscription model, is only accessible from the Pro plan and up.

If you’d like to develop different pricing options for one of your classes, you may do so by using the “Set additional pricing” option.

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Other Ways to Market Your Content

Coupons

Coupons can be used to promote your course content as well as the bundles that come with it. They’re accessible to users in all of the Thinkific paid plans, but at the basic tier, you’re entitled to only one coupon for free. You may customize your coupons to match appropriately with how many services you can offer – you can modify discounts, the course it will be applied to, as well as the expiry date.

Affiliate Marketing

Thinkific has a couple of features that allow you to recruit students who have subscribed to one of your courses as affiliates. They serve as additional assistance as they promote your content to other potential student subscribers. In addition, they can earn commissions by sharing unique promotional hyperlinks to your online courses.

E-mail Marketing for Business Growth and Marketing

There’s no better way to market your product online than using e-mail marketing. It’s also a good idea to know that Thinkific allows you to integrate with a variety of third-party tools that specialize in it and include major e-mail-marketing platforms like MailChimp, AWeber, and ConvertKit. There are a variety of other marketing platforms you can choose from and connect to via Thinkific’s App Store that we’ll discuss in a moment. This isn’t all, as Thinkific can also allow you to give your platform and business an important boost through the online growth platform Sumo and the API tool.

Integrations

Just like the other online course platforms , and, essentially, any other online platform, Thinkific allows for seamless integration with a wide range of third-party online services and tools which all provide a more enhanced user experience for both student and instructor.

Thinkific App Store

The Thinkific App Store is a recent addition to the list of features on the platform. All integrations that involve third-party software or services have been made able to be easily downloaded and used through the rich app library. This is a huge improvement in how integrations are handled compared to earlier when integrations had to be done by going through the settings. This feature is accessible across all plans of Thinkific and every app available in the store is available for free however some require a monthly subscription while others have services that are free of charge.

Automation Services

If you’re an edupreneur running an educational account that is paid for, it’s just as crucial to have access to tools that can automate all your tasks. You can also connect to tons more third-party software platforms at same time. One such tool that lets you easily automate tasks is Zapier. Zapier comes with two major tools that can be useful for managing your account and courses. The feature ‘Triggers’ is part of Zapier’s Basic or Pro plans. In addition, it can do simple tasks on your behalf, like adding people who has signed up for one of your courses to your mailing list.

The ‘Actions’ feature, however, is jam-packed with more capabilities , however it is limited only to Pro + Growth and Premier plans. In addition to Zapier, you can also use InfusionSoft that lets you automate all your sales and marketing duties. InfusionSoft is a well-known automation tool for small companies that might not have enough employees and team members handle marketing-related tasks. Can You Make Money On Thinkific

Analytics

A variety of analytical tools is an effective method to gain insight about how your products are received, inspiring you to continue or discontinue them, or even improve them. Thinkific allows you to integrate with third-party tools that focus on gathering data. One popular app is Mixpanel, which contains advanced tools that do more than just count your views, but also examine student movement between your courses.

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Segment.io is another highly sought-after platform that lets you transfer data in real-time to and from other marketing and data analytics services like SalesForce, HubSpot, ZenDesk and more. When it comes to providing reliable and precise analyses, Google Analytics ranks number one on the internet. Since it is an integral part of online sales, it can easily be connected to the Thinkific account by entering the Tracking ID. In addition, if you want to distribute the content of your online courses through social media, particularly on the most popular social network Facebook, you can do so by integrating with Facebook Pixel.

Student Assistance and Achievement

Analytics, e-commerce, and automation aside, Thinkific can easily connect with several apps specifically designed for student success. Accredible, which was mentioned earlier, is used to award completion certificates and manage credentials, but it is only available on the Pro and Premier plans. Brillium lets you expand your examination possibilities, while Disqus helps provide a platform for student-teacher interactions.

E-commerce Solutions

If a payment powered by Stripe is in trouble, such as having your card declined, Stunning is there to rescue it from any potential issue with the transaction. Taxes are going to be inevitable when running an online course business. Some platforms will help you with that easily, such as Quaderno.

Customer Support and Help Customer Support and Help

Thinkific provides a wide range of customer service platforms that you can approach whenever you require help. Its customer support hotline can be accessed by either e-mail or by phone, and offers priority support to admin users on the Pro plan up to. However, reaching out to an expert is not possible in a sense, as it is only accessible between Monday and Friday. There is no sign of live chat support as well. Can You Make Money On Thinkific

In spite of the absence of support options directly available, Thinkific has a help and training center, with resources designed to enrich the edupreneurs in starting and managing admin accounts. The course is free that helps newbies create, promote, and sell their services efficiently as they can.

Alternatives to Thinkific

  1. Teachable. If you’re more focused on selling and sharing your online courses to a wider audience, Teachable has similar features like Thinkific as well as additional features such as fast access through the mobile application, Teachable Payment and an integrated e-mail marketing tool. It has four plans that start with the basic plan being $10 less than Thinkific’s, however, they could charge more transaction fees.
  2. Kajabi. Kajabi is the best LMS platform for established entrepreneurship, with customizable options that are twice as broad as the other options. Additionally it has more sophisticated features that can meet big business needs. In addition, Kajabi is also among the most expensive sites, with prices starting from $119/month , and there is no free service.
  3. Podia. Podia is the most recent update to the range of online courses platforms, offering decent, but achievable features that are priced at the same cost as Thinkific. The only thing that some people don’t like yet about Podia is the absence of tools for customization and customer support options, but that’s normal since the majority of these features will be in the near future.
  4. Udemy. If you’re looking at an alternative LMS option that’s especially great for beginner instructors, you may want to check out Udemy it boasts as the world’s largest marketplace for courses with over 42,000 creators of content and 30 million learners. Although you can benefit from the majority of Udemy’s fundamental functions, like unlimited courses that are completely free, expect higher transaction costs in the future. Can You Make Money On Thinkific

What We Love About Thinkific

  • Amazingly great pricing plans. Beginning with the Basic plan as low as $39 per month, each of the three levels comes with a variety of useful options for various entrepreneurial needs.
  • Zero transaction fees. Unlike some LMS platforms, which charge more fees for transactions, Thinkific lets you enjoy the entire range of services offered without the need to worry about the expense.
  • Flexible and efficient customization options. You have the power to choose from a vast array of templates, themes, and lesson types, and then customize each one of them to your fullest.
  • A wider range of payment options for students. Not only are you able to provide a one-time payment for your student customers and students, but you can also allow them the option of regular payments or membership fees to motivate them to make the most of the services you provide.
  • Integrations that are faster and more accessible to third-party platforms. With the recent addition of the Thinkific App Store integrations with third-party online stores automation, analysis, as well as educational websites haven’t been this easy.
  • Smooth user interface. The Thinkific web interface is quick in performance, from the playback of media to the course and the site builders.

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Things We Do Not Like About Thinkific

  • No live chat support. Although phone support is a welcoming option, Thinkific is quite lacking in the sense of providing the option of live chat support which allows users to speak directly to an expert on things connected to the platform.
  • The difficulty of adding code-related snippets to classes. In case you’re knowledgeable at programming and coding and wish to use Thinkfic to build your courses, it’d be much better to not try this out.
  • There aren’t many built-in integrations. Thinkific does not have built-in e-mail marketing and sales funnel integrations. However, it is possible to get these solutions through third-party applications that provide these integrations.
  • Insufficient tools for the continuing education credit. Thinkific could offer various kinds of certificates and certifications at each end of the course however it does not have enough functions to create one that is linked to the continuation of succeeding lessons. Can You Make Money On Thinkific

Conclusion

If you’re eager to venture into the world of edupreneurs, or to expand your reach to greater heights it’s time to give Thinkific the chance! The LMS Platform has taken significant steps to accommodate those who want to explore course creation with the best features other platforms don’t normally offer. The best part is that you don’t need to worry too much about transaction fee after transaction fee that impedes your progress.

Coursemaking, as a whole is a major investment that could seriously impact your career in the long run. What Thinkifc stands out against the other competitors is the Free plan that it offers. Although it’s not as extensive as other plans but it offers enough tools to provide a way for newcomers to explore the waters to determine whether it’s the best choice for their needs. It’s also risk-free therefore if you’d like to test it for yourself, go ahead! Free plan, you may check out Thinkific’s official site!

FAQ Can You Make Money On Thinkific

Does Thinkific offer a no-cost plan?

Yes, it is! Thinkific offers a beginner-friendly plan which includes access to its core features, including customer support as well as the course editor. However, it will only allow the creation of one complimentary course. If you wish to create unlimited courses, you can test the other three plans, which are paid.

Do Thinkific charge transaction fees? Does it also take a percentage of my sales that I earn?

No! There are no transaction fees that are associated with any of the plans offered by Thinkific except for those associated with payment options. Additionally, it does not take a large cut from your earnings since Thinkific earns most of its revenue from paid plans.

Does Thinkific be integrated with Zoom?

Yes , integration with the messaging service Zoom is now available on Thinkific as of the middle of 2020. This is particularly useful in enabling Live Lessons, which also is the LMS platform’s most current features. Be aware however that they are only available to those who subscribe to the Pro plan and up.

Are you Thinkific mobile-friendly?

Yes. Although it doesn’t have a dedicated mobile app however, the Thinkific interface can be easily transformed to be suitable for portable, phone-friendly browsing on mobile browsers like Safari, with most of the same features available in it is available on the internet version. Can You Make Money On Thinkific

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