Greg Smith Thinkific Net Worth

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The Internet is rich in information. There are many platforms on the internet that offer everything you could be interested about. And what better way to get it done than online courses? Online courses are in vogue these times. In addition, as its popularity grows even further thanks to the recent outbreak of pandemics the format has grown more and more valuable in providing users with the necessary information. It’s also becoming more lucrative financially, because the market for paid courses is gradually growing.

Today, we’ll be doing an analysis of Thinkfic, a popular name for online classes. Let’s see what it has to offer including prices and features to integrations and interaction. At the end of the day, we’ll tell you whether it is worth a try or not. If you’re an instructor, or influencer looking for alternative ways to share your content, read on!

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For those of you who prefer a more visual experience, here is a video review from SoftwarePundit’s YouTube channel. To get a comprehensive overview of Thinkific, you may still want to check out our article below.

Overview: What’s Thinkific? Greg Smith Thinkific Net Worth

Thinkfic is one of the popular LMS (learning management system) platform that is focused on providing a scalable and productive learning environment for the learner as well as the instructor. It’s a good choice for business owners and entrepreneurs who specialize in the sale of online courses. With Thinkific it is possible to make courses that include a wide variety of formats, templates and lesson types to choose from. You may incorporate videos or images into your lessons and let students upload their work whenever you want, create fun and interactive quizzes, and even give certificates to to those who make the grade through the entire curriculum.

Putting your online classes up for sale has been made easy. Thinkific lets aspiring edupreneurs like you to control the way they can be accessed. You can offer your classes free of charge or set up subscription fees so you can earn from providing your students with useful information. Sharing and marketing tools are also available since they can be integrated with a range of third-party applications including automation, marketing and even online shopping. Thinkific is used by more than 36,000 edupreneurs as well as corporations, which includes big names like Hootsuite, Samsung, Intuit and many more!

Thinkific The Pricing

Thinkific has four pricing plans starting with the Free tier that’s ideal for people who are just beginning their journey. The Basic plan at $39/month (if paid annually) is a huge leap from the Free plan and comes with more features, and Premiere includes tools and integrations from the previous plans with a monthly cost of $399.

The Pro plan for $79/month offers all the features that entrepreneurs need; in addition, there is an Growth add-on for a more enhanced teaching experience for only $50 per month, on the top of the Pro level. An absolutely free SSL certificate is provided in all plans to provide additional security between teachers and students. A 30-day guarantee on refunds is also provided with the paid plans – if you’re not satisfied, you may receive your money back in 100%!

Thinkific Site Builder

The Site Builder from Thinkific is a webpage editor that allows you to set up an attractive, professional-looking page for your course website. With this feature, you are able the option of choosing from one of the three themes in the in-house library or export ones from third-party vendors. While you’re not allowed to be in complete control of the editing process for your site, you have plenty of customizable options to explore. Alongside using templates for your pages, you can also incorporate your unique branding components, like logos and design assets images, as well as other media types to your site. You can even modify the URL to match your own! Greg Smith Thinkific Net Worth

What’s the need for a domain name when Thinkific allows you to create one for free? In addition, you’ll be given a platform to develop a platform that which you can use to create your own. You’re also given more time to concentrate on launching your course and earning a profit through your course content. Through the Site Builder program, you’ll have the option of creating your own pages you can create for your website including:

  • The homepage;
  • The landing page on which everything is redirected to your courses;
  • The page on courses that allows students to choose from any of your courses.
  • The check-out and sales pages where transactions are processed;
  • The sign-in page is for students who are subscribers to sign in;
  • The Thank You Page; and
  • Other pages, for instance,
    • The student dashboard , which contains details about the student,
    • The coming soon page for future updates to the course, as well as
    • The page for student certificates.

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Furthermore, you can set up what the site will appear like, aside from the standard desktop display. You can also choose a mobile-friendly option that lets your students view as well as interact with you website via their mobile devices, however it is important to keep in mind that this option is restricted to administrators who subscribe to the most expensive plans.

Student Management and Interactions

Thinkific’s unique system helps edupreneurs like you build a solid relationship with the students that are testing the products you offer. Its data collection even allows users to have access to your students’ primary contact information once they’re registered in the system. Alongside the simple data management features, Thinkific also has a Groups feature that allows you to increase your the revenue of your business and monitor the effectiveness of your courses by organizing your learners into groups by group, company or time, enrollment and job type.

The management aspect left aside Thinkific also makes it easy for you to manage teacher-student interactions without the burden of logging onto social media platforms like Facebook as well as Discord. Its built-in Discussion feature lets you discuss the information from any of your classes, while the Communities and Spaces functions provide an opportunity to set up dedicated community forums of different topics and interests.

Notifications

Notifications are a great way for both you and your subscribers to be informed each time an issue related to the course arises. You may configure the way your students receive notifications through your admin settings. You can decide to inform your students information about their progress on the course they have chosen, at the time they finish the course, and each time a student comments under the discussion section in addition to other things. Greg Smith Thinkific Net Worth

Online Courses, Lessons and Credentials

Making courses is now easier than ever before, as Thinkific’s specially formulated online course editor can provide educators with an array of lessons and templates in addition to the flexible customization possibilities we’ve already mentioned. They also offer credential and certificate tools that are given to students who have completed your courses.

Course Templates

Thinkific offers a variety of course templates you can use without the need to worry about building from the ground up. Each of these can be customized and you can make one that is based on the course you want to provide.

1. Flagship Course Template

The most popular course is an online course that focuses on the instructor’s area of specialization. It allows you to create an enriched curriculum that is based on the area you are an expert in. If you’re an expert in, for instance the creation of content You can develop a course that is packed with information on the subject.

2. Mini-Course Template

Mini-courses are the shortest, most affordable versions of the main course. Think of it as a teaser, if you will. The mini-course template was created to attract potential students and create leads for your full-fledged courses.

3. Pre-Sell Template

The pre-sell template is a great way to test how well the course will be received prior to it’s finalized. It lets you put up an online landing page that is linked to the course you’re offering to determine if your intended audience likes it enough to take it on for themselves.

4. Digital Download Template

Digital download templates lets you create a downloadable course when your audience, for example, subscribes to the mailing lists you have created. This is an effective method to generate leads and revenue if you wish to expand your reach further.

5. Webinar Replay

This template for webinars allows you to upload a pre-recorded replay of your web seminar for your attendees to look over or go back to if you missed them.

6. Blank Template

If you wish to create an entirely custom-designed course, there is the option of a blank template so that you can start from scratch. You may choose from a variety of lesson types, tips and tools that will aid you in making the most of creating a detailed course.

7. Membership Resource Library

The template for members lets you upload helpful learning materials , which are offered as an added bonus. This useful feature is available when you manage a membership or course bundle.

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Different types of lessons

There are 12 different types of lessons – or chapters available for you to select from. The Course Builder provides instructors and mentors a broad variety of lessons, each that can be adapted to every topic possible, from the chapter’s title to the files and information available for input.

Video Lessons

Video lesson chapters are one of the most effective methods for students to gain knowledge. Thinkific supports as many video formats as possible including MP4, FLV, and even MOV files. Once uploaded and incorporated into the course plan the videos are then stored in the Video Library, where they can be reused in future courses.

Quiz Lessons

This allows you to include quiz elements by typing in the questions that the students will see and providing the answers to select from. The quiz chapter template is in multiple choice form and allows you the option of choosing to include one or several correct answers.

Multimedia Lessons

Multimedia chapters allow you to connect out to different streams of content outside of Thinkific. You can incorporate a lot of these, from the webinar tools such as Zoom to surveys and presentations and even to Google Docs files. There is also the option to integrate with other course creators from third parties, such as Articulate Storyline and Adobe Captivate however, this is only available in pricing plans like the Pro and Premiere pricing plans.

Text Lessons

The text-based lesson doesn’t only let you type in text characters. It also allows you to include audio, images as well as downloadable files. There are even embedded hyperlinks to YouTube videos. Greg Smith Thinkific Net Worth

Survey Lessons

Thinkific’s specially built-in survey forms let your students chime in their feedback, suggestions, or anything into analyzed data for you to view. It is possible to add this chapter during or after the course. Three options are available for you to pick from like scale-based, rating-based or surveys based on responses.

Downloadable Lessons

This chapter is where you may upload zip files or PDFs, audio-visual files and more. for your students to download within the course player so they could have an accessible the course-related information to follow.

PDF Lessons

Apart from downloadable files, they may also be uploaded to your students to look over within the course. You may add PDF files and turn them into accessible lessons that students can access without downloading and take them to home.

Presentation Lessons

Thinkific uses in-house tools to permit you to show and upload your slide presentations in PDF form for your students in the course. There is the option to include an option to download the slides for students to download during their own free time, as well as the option of a voice-over feature that you can record for each slide.

Audio Lessons

With Thinkific, you may put in videos or presentations as well as PDF documents among others. You may also opt for an audio-only chapter, by uploading MP3 files such as MP3, into any of your classes for students to listen to.

Assignment Lessons

Chapters for assignment lessons let teachers such as you collect student submissions like reports, projects, written essays, and many more. Take note that this chapter type is only available on select plans that start with the Pro plan.

Brillium Exam Lessons

Exam chapters let you select from a wider selection of types of questions than the usual multiple choice approach, such as filling with blanks. You can also expand to the next question using the answers to prior ones, and receive comprehensive reporting information. All of this is only possible through integration with Brillium which is limited to the top-level plans beginning at the Premiere tier.

Live Lessons

A live-laughter option for chapters has recently been added to the Course Builder. Because it is in beta, we can expect it to have certain limitations in terms of functionality. The live feature is a great method to allow instructors to share knowledgeable information to their learners in real-time.

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Credentials and Certificates

Only available in The Pro plan and upwards, you may issue completion certificates and other credentials to students who completed the course you taught on Thinkific. This is made much more possible by its integration with credential specialist Accredible. It is possible that you’ll encounter a Thinkific-themed certificate template that looks somewhat boring. This is where Accredible can help – with a combination of tools and editing capabilities on each platform, you get the option of modifying how your certificates to appear visually, from the borders to the text.

Other Features of a Course Builder that are useful

Its Bulk Importer feature allows you to upload as much files as you want to include in your course at once. Unlike having to upload one by one it gives you more time to plan and do other tasks. It is particularly useful for educators who are extremely busy.

The Drip Scheduler The Drip Scheduler, on contrary, allows you to set up your course lessons at the exact date and time. This feature is handy to keep your students engaged and well-balanced in storing information.

Payment Marketing, Selling, and Payment

The concept of marketing as well as selling the product or service to your customers can be more difficult to comprehend when you don’t have enough tools to get things going. Fortunately, many LMS platforms, including Thinkific are equipped with the majority of, if not all of the necessary features for merchants ready for use.

Payment Options

If you are planning to make profits from online paid courses, it is possible to link your Thinkific account with one or both of these payment companies which have been tightly connected to the platform. Stripe along with PayPal are typically required to process payments from your learning subscribers. Greg Smith Thinkific Net Worth

We’re aware of the basics of what PayPal can be and exactly how it operates because it’s among the most used payment methods around the world. However, if you’re still not up to speed, PayPal is where you purchase products through the transfer of a percentage of your balance funds to the merchant you’re buying from.

Stripe On the other hand, processes cashless transactions for many other e-wallet services across the globe that function similarly to PayPal. It also processes debit and credit card transactions at banks in different locations.

Pricing Options for Students

Making a decision on how you’ll sell your course content to your learning subscribers is a crucial step to marketing your product and sharing it across the globe. Whether it is available for free, or needs several payments, Thinkific offers four pricing options you can establish for the students that wish to use it: free, one-time payment as well as membership or subscription and a monthly payment.

  • Free – This lets you offer content to your students at no cost. If you’re a business owner, it can be best used as a lead magnet or a bonus feature to your paid-for services.
  • One-time payment – You pay students one-time fees for your course content. You can also establish an enrollment duration for the length of time they will be able to access your learning materials.
  • Subscription/membership – If you’re in charge of a membership site, this option is the best one. Students pay monthly subscription fees to gain access to all of your content. Be aware that this feature is only offered in plans that start at the Pro level.
  • Monthly payment – The entire cost of your course is divided into monthly installments to be paid by students, with no anxiety about financial burden on their own. The option, similar to the subscription model is only available through the Pro plan onwards.

If you want to design multiple pricing scenarios for one of the courses you offer, then you are able to accomplish this by using the “Set Additional Pricing” option.

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Other Methods to Market Your Content

Coupons

Coupons are used to advertise your course’s content as well as the bundles you purchase with it. They are available in all of the Thinkific paid plans, however in the Basic plan you’re limited to one coupon for free. You may customize your coupons to be compatible with how many services you’re able to provide You are able to alter the discount percentage, which is the amount it’s applied to, and the expiry date.

Affiliate Marketing

Thinkific offers a few options that let you enlist those who have been registered to any of your courses as affiliates. They provide additional assistance as they promote your content to other prospective students. In addition, they can earn commissions from simply posting unique promotional links to your online courses.

E-mail Marketing Marketing and Business Growth

There’s no other effective way to promote your products on the internet other than through e-mail marketing. It’s also a good idea to know that Thinkific allows you to integrate with many third-party applications which specialize in this, including major e-mail marketing platforms such as MailChimp, AWeber, and ConvertKit. There are many more marketing platforms you can choose from and connect with on Thinkific’s App Store, which we will discuss in a moment. This isn’t all, as Thinkific also allows you to give your company and platform a much-needed boost through the growth platform on the internet Sumo and the API tool.

Integrations

Similar to other online course platforms , and, essentially, any other platform on the internet, Thinkific allows for seamless integration with a wide range of third-party tools and services that 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 available on the platform. All integrations with third-party solutions as well as services now able to be easily accessed and utilized through the extensive app library. This is a major improvement in the way that integrations are dealt with from back then when they had to be managed by going through the settings. This feature is included in all of Thinkific’s plans and every app available in the store is free to use however some require a subscription, while others offer services that are free of charge.

Automation Services

If you’re an edupreneur with an educational account that is paid for is equally important to get access to tools that can automate all your tasks. You can also connect to many more third-party software platforms at the same simultaneously. One of the services that let you easily automate tasks is Zapier. Zapier has two main functions that are helpful in managing your account and course. The feature ‘Triggers’ is part of the Basic or Pro plans. Additionally it will perform basic tasks on your behalf, such as adding anyone who signed up for one of your courses to your email list.

The “Actions” feature however is packed with additional features that it has to offer however it is limited to the Pro + Growth and Premier plans. Alongside Zapier, you can also use InfusionSoft, which lets you automate all your marketing and sales functions. InfusionSoft is an automation tool that is well-known for small companies that might not have enough employees as well as team members take care of marketing-related tasks. Greg Smith Thinkific Net Worth

Analytics

The use of a variety of analytics tools is a sound method to gain insight about how your products are received, allowing you to either continue, discontinue, or improve the quality of your services. Thinkific allows you to integrate with third-party tools that focus on collecting data. One of the most popular apps is Mixpanel, which contains advanced tools that don’t just measure your opinions, but analyse student activity between your courses.

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Segment.io is another highly sought-after platform that lets you transfer the data instantly to marketing and data analytics services such as SalesForce, HubSpot, ZenDesk and many more. When it comes to offering reliable and precise analytics, Google Analytics ranks number one across the web. As it’s an essential part of online sales, it can easily be integrated with the Thinkific account by typing in the Tracking ID. If you’d like to share the content of your online courses to social media sites, specifically on the most widely used social media platform Facebook You can accomplish this by integrating with Facebook Pixel.

Student Assistance and Achievement

E-commerce, analytics as well as automation aside, Thinkific can easily connect with several apps geared towards student success. Accredible, which was mentioned earlier can be used to award completion certificates and manage credentials, but it is only available in plans called Pro as well as the Premier plan. Brillium allows you to expand your examination possibilities, while Disqus provides a platform for student-teacher interactions.

E-commerce Solutions

If a payment made through Stripe ever gets into trouble, for example, getting your card declined, Stunning is there to save it from any possible error in the transaction. Taxes are going to be inevitable when running an online course in business. Some platforms will help you to manage taxes easily, such as Quaderno.

Customer Service and Support Customer Support and Help

Thinkific offers a broad range of customer service platforms that you can reach anytime whenever you need assistance. Its customer support hotline can be accessed by telephone or e-mail, with priority assistance for admin users who are on the Pro plan upwards. However, getting in touch with an expert is limited in the sense that it is only accessible between Monday and Friday. There is no sign for live chat service either. Greg Smith Thinkific Net Worth

Despite the lack of direct support options, Thinkific has a help and training center that contains information designed to enrich the edupreneurs in the process of establishing and managing an administrator account. Included is a free course that helps newbies develop, market, and sell their services in the most efficient way possible.

Alternatives to Thinkific

  1. Teachable. If you’re interested in selling and sharing your online courses with a wider audience, Teachable has similar features as Thinkific, plus more like fast access via the mobile app, Teachable Payment as well as an integrated marketing tool for e-mails. It offers four plans, with the basic plan being just $10 more than Thinkific’s however, they could charge higher transaction costs.
  2. Kajabi. Kajabi is a better LMS platform for established entrepreneurship, with customization options twice as wide as other competitors. On top of that it has more sophisticated features that can meet big business needs. In addition, Kajabi is also among the most costly sites, with prices starting from $119/month and no available free plan.
  3. Podia. Podia is the latest update to the range of online courses platforms, offering decent, but achievable features at a similarly affordable cost as Thinkific. What some do not like yet about Podia is its lack of customization tools and customer assistance options, but this is 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 particularly beneficial for instructors who are just beginning their careers You might want to take a look at Udemy, which boasts itself as the biggest course marketplace with over 42,000 content creators and over 30 million users. Although you can benefit from the majority of Udemy’s essential functions, including unlimited courses that are completely free of charge, you can expect to pay much more transaction costs in the future. Greg Smith Thinkific Net Worth

What We Like About Thinkific

  • Exceptionally great pricing plans. Starting with the Basic plan at as low as $39 a month, any of the 3 paid levels comes with a variety of useful features to meet a range of requirements of entrepreneurs.
  • Zero transaction fees. Unlike some LMS platforms, which charge more transaction costs, Thinkific lets you enjoy the entire range of services offered without the need to worry about it.
  • Flexible and convenient customizable options for customization. You are able to pick from a variety of templates, themes and lesson formats, and personalize each of them to the fullest extent possible.
  • An increased variety of payment options for students. Not only are you able to provide a one-time payment for your student customers, but you also get to select monthly payments or membership fees to motivate them to maximize the value of the services you provide.
  • More accessible and faster integrations with third-party platforms. With the recent introduction to the Thinkific App Store integrations with third-party e-commerce analysis, automation or educational platforms haven’t been so easy.
  • Smooth user interface. The web interface of Thinkific is fast in performance, from media playback to the course and site builders.

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What We Don’t Like About Thinkific

  • Live chat is not available. Although the phone support option is a welcome feature, Thinkific is quite lacking in the sense of providing live chat support which allows users to speak directly with an expert about matters connected to the platform.
  • It is difficult to add code snippets into the courses. When you’re an experienced in programming and coding and would like to use Thinkfic to build your courses, it would be better not try this out.
  • Lack of some built-in integrations. Thinkific does not have built-in e-mail marketing and sales funnel integrations. However it is possible to get these services through third-party apps which offer these integrations.
  • Insufficient tools for the continuing education credit. Thinkific might offer various types of certificates and credentials at the end of each course, but it does not provide enough functionality to make one that is linked to the continuation of succeeding lessons. Greg Smith Thinkific Net Worth

Conclusion

If you’re eager to venture to the world of Edupreneurs, or to expand your reach to new heights You should try giving Thinkific a try! This LMS system has made significant steps to cater to those who want to explore creating courses using the top features other platforms don’t normally offer. What’s even more awesome is that you don’t need to worry about transaction fees upon transaction fee that impedes your progress.

Coursemaking, in all its forms is an investment that can deliberately affect your career prospects in the long term. What Thinkifc stands out from other courses is its Free plan offering. While limited as can be, it has enough tools to give beginners to test the waters to determine whether it’s the best for them. It’s also risk-free, therefore if you’d like to test this plan, you can do so by signing up for the Free plan, you may visit the official website of Thinkific!

FAQ Greg Smith Thinkific Net Worth

Does Thinkific offer a no-cost plan?

Yes, it does! Thinkific has a beginner-friendly Free plan that gives you access to the main features like customer support and the course editor, however it only allows one free course. If you want for unlimited course creation you can test the three other plans, which are paid.

Do Thinkific require transaction charges? Do they charge a percentage of my earned sales?

No! There aren’t any transaction costs involved with all of the plans offered by Thinkific except for those associated with payment options. It also does not take a large percentage of your earnings because Thinkific earns most of its income from paid plans.

Can Thinkific be integrated with Zoom?

Yes – Integration with the messaging service Zoom is now available on Thinkific in mid-2020. This is particularly useful for powering Live Lessons, which also is one of the LMS platform’s most recent features. Be aware that these features are only available in the Pro plan and onwards.

Does Thinkific mobile-friendly?

Yes. Despite not having an app specifically designed for mobile however, the Thinkific interface can be easily modified to make it more compatible with mobile phones and portable browsing on mobile browsers like Safari and Opera, which includes many of the same features as the web version. Greg Smith Thinkific Net Worth

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