Thinkific Quarterly Report

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The Internet is a treasure trove of information. There are millions of platforms online that provide everything you may be curious about. What better way to get it done than online courses? Online courses are everywhere these days. And with its popularity rising more due to the recent outbreak of pandemics the format has grown increasingly useful for providing users with the information they need. It’s also become more profitable financially, since the market for paid-for courses is gradually gaining momentum.

Today, we’ll present a review on Thinkfic, a popular name for online courses. Let’s see what it can offer including features and pricing to the integrations and interaction. At the end of the day, we’ll inform you if this 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? Thinkific Quarterly Report

Thinkfic can be described as a popular LMS (learning management system) platform that focuses on providing a user-friendly and productive learning environment for both the student and the instructor. It’s a good choice for entrepreneurs and businesses that specialize in the sale of online courses. With Thinkific, you get to make courses that include a wide variety of templates, formats, and lesson formats to pick from. You can incorporate videos and images into your lessons allow your students to upload their assignments as often as you like, design fun and interactive quizzes and even give certificates to be awarded to students who have made it through the whole curriculum.

The process of putting your online classes up for sale has been made simple. Thinkific allows burgeoning edupreneurs like you to control how their courses can be accessed. You can put your courses up free of charge or even set up subscriptions to earn money from providing your students with useful knowledge. Tools for sharing and marketing are also accessible since they can be integrated with a wide range of third-party applications including automation, marketing and even to e-commerce. Thinkific is used by over 36,000 edupreneurs and businesses, including big-name companies such as Hootsuite, Samsung, Intuit, and more!

Thinkific The Pricing

Thinkific has four pricing plans starting with the Free plan, which is perfect for those who are just beginning to learn about. The Basic plan, which costs $39 per month (if it is paid every year) is a significant leap from the free plan that comes with more features, and Premiere comes with the tools, integrations and features of all previous plans at $399/month.

The Pro plan, which costs $79 per month, has all the necessary functions that any business owner will require; in addition, there is an additional Growth package for a more enhanced teaching experience at only $50 per month, on the top of the Pro level. An absolutely free SSL certificate is included in all plans to guarantee 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%!

Thinkific Site Builder

The Site Builder from Thinkific is a page editor that allows you to set up an attractive, professional-looking set of pages for your course website. With this feature, you get the option of choosing from one of the 3 in-house themes or export themes from third-party suppliers. Although you’re not able to have complete control of editing your website, you have a variety of customizable options to experiment with. Apart from making use of page templates, you may include your own branding elements, such as logo and design assets images, photos, and other media types to your site. You may even customize it to fit your specific URL! Thinkific Quarterly Report

What’s the need for a domain name when Thinkific lets you create yours at no additional cost? In addition, you’ll be provided with 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 from the content you create for your courses. The Site Builder allows you’ll can choose with a variety of possibilities for pages for your site like:

  • The homepage;
  • The landing page that is redirected to your courses;
  • The course page where students get to pick from any of your courses;
  • The sales and check-out pages where transactions are being processed;
  • The sign-in page 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, as well as
    • The student certificate page.

Thinkific Quarterly Report

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Additionally, you may also set up what the site will appear like, aside from the usual desktop screen. The mobile version of the site that lets your students view as well as interact with you website using their phones, however, it is important to keep in mind that this option is limited to admin users subscribing to the highest-priced plans

Students Management, Interactions and Student Engagement

Thinkific’s one-of-a-kind system lets edupreneurs like you build a solid relationship with the students who are experimenting with any of your products. Its data collection even allows you to gain access to your students’ key contact data once they’re registered in the system. Apart from the convenient data management, Thinkific also offers the Groups feature which lets you to increase your revenue and effectively track your courses’ effectiveness by organizing your learners into groups according to group, company and time, as well as enrollment and the type of job.

Everything else left aside Thinkific also makes it easier to manage teacher-student interactions without the added stress of using social networks like Facebook or Discord. The built-in Discussion feature lets you discuss the specifics of any of your classes, while the Communities and Spaces functions provide the opportunity to build communities that are specifically designed for different topics and interests.

Notifications

Notifications are a great way for you and your subscribers to be informed every time something course-related comes up. You may configure the manner in which your students be notified in the settings for your administrator. You can decide to inform students updates on their progress in the course they have chosen, at the time they complete it, and whenever a fellow student makes a comment on a discussion post, among other things. Thinkific Quarterly Report

Learn online, take classes, and Credentials

The process of creating courses has been made easy as ever because Thinkific’s online course editor provides edupreneurs with a wide selection of lessons and templates in addition to the customizable options we mentioned earlier. They also provide credential and certificate tools that are presented to those who successfully completed your courses.

Course Templates

Thinkific has a broad selection of course templates that you can utilize without worrying about creating a course from the ground up. Each template can be customized and you can create one based on the curriculum you’d like to present.

1. Flagship Course Template

The flagship course is an online course that is focused on the instructor’s chosen field of knowledge. It allows you to create an enriching curriculum based on whatever you specialize in. If you are an expert in, say, content creation it is possible to make a flagship course with details about the subject.

2. Mini-Course Template

Mini-courses are short, low-cost versions of the flagship course. Think of it as a teaser, if you would. The mini-course template is designed to attract potential students and create leads for your full-fledged courses.

3. Pre-Sell Template

The pre-sell template is an excellent way to test how well the course will be received prior to it’s completed. You can create a landing page linked to your course to test if your targeted users are interested enough to test it for them.

4. Digital Download Template

Digital download templates allows you to create a downloadable course after your audience, say, subscribes to your email list. This is an effective method to increase leads and generate revenue in the event that you would like to expand your reach further.

5. Webinar Replay

A webinar recording template allows users to post a pre-recorded recording of your webinar to your viewers to go through or catch up on if the audience missed your presentation.

6. Blank Template

If you’d like to create an entirely custom-designed course, there is a blank template option where you can start from scratch. You may choose from a range of lessons, techniques, and tools to help you make the most of making your detail-rich course.

7. Membership Resource Library

The template for members lets you upload helpful learning material that is included as an extra. This feature is available if you run a membership/course bundle.

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Types of Lessons

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

Video Lessons

Video lesson chapters are just an effective methods for students to learn. Thinkific supports as many video formats as possible , including MP4, FLV as well as MOV files. Once uploaded and incorporated into the course’s plan, the videos are automatically stored in the Video Library, where they can be reused in future classes.

Quiz Lessons

This allows you to include questions by entering the questions that students will see and then providing the solutions for them to choose from. It is in multiple choice form and allows you to pick if you wish to include one or several correct answers.

Multimedia Lessons

Multimedia chapters allow you to connect out to various streams of information that are not available through Thinkific. You can incorporate a lot of them, from tools for webinars like Zoom to surveys, presentations, and even Google Docs files. Additionally, you have the option of integrating with other third-party creators of courses, such as Articulate Storyline and Adobe Captivate, but that is only limited in pricing plans like the Pro or Premiere pricing plans.

Text Lessons

The template for the text lesson chapter doesn’t just let you type in text characters. It also lets you include audio, images, downloadable files, and even embedded links for YouTube videos. Thinkific Quarterly Report

Survey Lessons

These specially-designed survey forms let your students chime in their comments, suggestions, or anything into analyzed data for you to view. It is possible to add this chapter during or after the course. There are three options available for you to pick from including rating-based, scale-based, or surveys based on responses.

Downloadable Lessons

This chapter allows you to upload zip files or PDFs, audio-visual files, etc. for your students to download in the course player so they will have a course-related guide to follow through.

PDF Lessons

Apart from downloadable files, they are also able to be uploaded for your students to look over during the course. You can also include PDF files and transform them into readable lessons for students to access without downloading and take them home.

Presentation Lessons

Thinkific has in-house tools that let you upload and display your slide presentations – in PDF format for your students in the course. There is the option to provide a download link for students to use in their free time as well as an audio-over option to record each slide.

Audio Lessons

With Thinkific, you may add videos presentation, PDF, and video documents, among others. You may also opt for an audio chapter by uploading audio files such as MP3, into any of your courses for students to listen to.

Assignment Lessons

Chapters on assignment help teachers like students submit student work including reports, projects writing essays, and more. Take note that this chapter type is only available in certain plans starting from The Pro Plan.

Brillium Exam Lessons

Exam chapters allow you to select from a wider range of question types other than the typical multiple choice option, such as filling in the gaps. It is also possible to move on to more challenging questions based on the answers from prior ones, and receive robust reporting details. This is made possible through integration with Brillium that is restricted to the highest-scale plans starting at the Premiere tier.

Live Lessons

A live-laughter option for chapters was recently included in the course builder. Since this is currently in beta, we can expect it to have some limitations in terms of function. In addition, the live feature can be a fantastic way for instructors to relay knowledgeable information to their learners in real-time.

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Credentials and certificates

Available only in The Pro plan and above, you may issue completion certificates or other certificates to students who completed your course on Thinkific. This is made possible by the integration of credential specialist Accredible. There’s a possibility that you will encounter a Thinkific-themed template for certificates, which can look somewhat boring. This is the reason why Accredible is a must With a mix of tools and editing features from the two platforms. You are able to customize how you want your certificates to appear visually, from the borders to the text.

Other useful features of the course builder

This Bulk Importer feature lets you add as many documents you wish to add to your course at once. As opposed to having to upload each one by one, this gives you more time to prepare and work on other things and is especially beneficial for entrepreneurs who are very busy.

The Drip Scheduler, on its own, permits you to set up your course lessons at the exact date and time. This feature can be useful in keeping your student audiences engaged and well-balanced in storing information.

Payment, Selling, and Marketing

Marketing as well as selling the product or service to the desired target audience can be much difficult to grasp if you’re not provided with the right tools to get up and running. Fortunately, many LMS platforms, including Thinkific are equipped with the majority, if not all, of the necessary features for merchants available for use.

Payment Options

If you intend to earn money from paid online courses, you may want to link your Thinkific account to one or both of these payment companies that are tightly integrated into the platform. Stripe as well as PayPal are usually required to process payments from your learners. Thinkific Quarterly Report

We’re aware of what PayPal is and how it functions since it’s one of the most used payment methods in the world. If you’re not up to speed, PayPal is where you pay for goods by transferring a portion of your balance money to the company you’re buying from.

Stripe, on its own, process cashless transactions for many other e-wallet services around the world that work like PayPal. Additionally, it processes debit and credit card transactions for banks from different locations.

Student Pricing Options

Setting up how much you’ll be able to offer your course content to your learners is an important step in marketing and sharing your content across the globe. Whether it is cost-free or needs multiple payments, Thinkific offers four pricing options that you can establish for students who wish to take advantage of it for free, one-time payments and subscription, and a monthly payment.

  • Free – This lets you offer content to your students for free. If you’re running a company, it can be best utilized as a lead-generation tool or bonus add-on to any of your paid-for 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 course material.
  • Subscription/membership – If you’re in charge of a membership site, this option is the best one. Students are charged recurring monthly fees for subscriptions to get access to all of your content. Take note that this is only available in plans starting from the Pro level.
  • Monthly payment – The full price of your course is divided into monthly installments to be paid by the students, with no anxiety about a financial loss on their part. The option, similar to the subscription method, is only accessible through the Pro plan and up.

If you wish to create multiple pricing scenarios for one of your classes, you can do so by using the “Set Additional Pricing” option.

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Other Ways to Promote Your Content

Coupons

Coupons are used to promote your course’s content as well as the bundles that come with it. They are available in all of Thinkific’s paid plans, however in the Basic tier you’re entitled to only one coupon for free. The coupons can be customized to correspond with the many services you can offer – you can modify discounts, which is the amount it’s applied to, as well as the expiration date.

Affiliate Marketing

Thinkific has a couple of features that allow you to recruit students who have registered to any of your courses as affiliates. They can be used as an additional source of assistance in promoting your content to other potential student subscribers. In addition, they can earn commissions simply by posting unique promo links to your courses online.

E-mail Marketing for Business Growth and Marketing

There’s no better way to promote your products on the internet than using e-mail marketing. It’s also a good idea to know that Thinkific lets you integrate with many third-party applications which specialize in this which includes major e-mail marketing platforms such as MailChimp, AWeber, and ConvertKit. There are many more marketing platforms to choose from and connect to on Thinkific’s App Store, which we will discuss in the near future. It doesn’t stop there either, since Thinkific offers the ability to take advantage of giving your business and platform the boost they need through the growth platform on the internet Sumo and the API tool.

Integrations

Like other online courses platforms and, essentially, any other platform on the internet, Thinkific allows for seamless integrations with a vast range of third-party online tools and services which all provide a more enhanced user experience for both the student and instructor.

Thinkific App Store

The Thinkific App Store is a new addition to the list of features that are available on the platform. All integrations that involve third-party software as well as services now able to be easily accessed and utilized via the comprehensive app library. This is a huge improvement in the way integrations are managed back then when they had to be managed via the settings. This feature is available for all plans offered by Thinkific, and every app in the store is completely free however some require a subscription while others provide services that are totally free.

Automation Services

If you’re an edupreneur with a paid teaching account, it’s just as crucial to have access to tools designed to automate your tasks – and connect to many more third-party software platforms at the same at the same time. One of the services that let you easily automate tasks is Zapier. Zapier offers two key features that are useful in managing your account and courses. The ‘Triggers’ feature is available in both Basic and Pro plans. Basic or Pro plans. Additionally it will perform basic tasks on your behalf, like adding people who has signed up for one of your courses to your email list.

The “Actions” feature however, is jam-packed with more capabilities , but is only limited only to Pro + Growth and Premier plans. Apart from Zapier, there’s InfusionSoft which allows you to 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 or team members to handle marketing-related tasks. Thinkific Quarterly Report

Analytics

Having a bunch of analytical tools is an effective method of getting insights into how well your offerings are received and influencing you to keep either discontinuing, re-inventing, or enhance them. Thinkific allows integration with third-party services that focus on gathering information. One of the most popular apps is Mixpanel, which contains advanced tools that do more than just count your performance, but examine student movement between your courses.

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Segment.io is another sought-after platform that lets you transfer the data instantly to marketing and data analytics services like SalesForce, HubSpot, ZenDesk and many other services. In terms of providing precise and accurate analysis, Google Analytics ranks number first on the web. As it’s an essential part of online selling It is easily integrated with Your Thinkific account by entering the tracking ID. Additionally, if you want to distribute your online course content further to social media sites, specifically on the most widely used social media platform Facebook You can accomplish this by integrating with Facebook Pixel.

Student Support and Success

Analytics, E-commerce as well as automation aside, Thinkific can easily connect with several apps geared towards student success. Accredible, as previously mentioned is used to award completion certificates and manage credentials. However, it’s only available on the Pro or Premier packages. Brillium allows you to expand the possibilities of your exams, and Disqus provides a platform for student-teacher interactions.

E-commerce Solutions

If a Stripe-powered payment ever gets into trouble, for example, getting your card declined, Stunning is there to save it from any possible error in the transaction. Taxes will be essential when running an online course business. However, some platforms can assist you to manage taxes easily like Quaderno.

Customer Support and Help Customer Support and Help

Thinkific provides a wide selection of customer support platforms that you can approach anytime you require assistance. The customer support hotline is available via telephone or e-mail, with priority support for admin users who are registered to the Pro plan upwards. However, reaching out to an expert is limited in terms of time, since it’s only available on Mondays through Fridays. There is no sign for live chat service either. Thinkific Quarterly Report

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 establishing and running admin accounts. It also offers a free course that teaches newbies how to develop, market, and market their services efficiently as they can.

Alternatives to Thinkific

  1. Teachable. If you’re more focused on selling and distributing your paid online courses to a wider public, Teachable has similar features as Thinkific as well as additional features including fast access via the mobile app, Teachable Payment, and an integrated marketing tool for e-mails. There are four plans available that start with the basic plan being $10 less than Thinkific’s, however, they could charge higher transaction fees.
  2. Kajabi. Kajabi is a more suitable LMS platform for any established entrepreneurial venture, and has customizable options that are twice as broad than other platforms. On top of that, it offers much more sophisticated features that can meet requirements of big businesses. In addition, Kajabi is also among the most expensive websites that cost as low as $119/month and no available free plan.
  3. Podia. Podia is the latest addition to the line-up of online course platforms offering decent, but achievable features that are priced at the same cost to Thinkific. One thing people aren’t happy with so far about Podia is the absence of customizing tools and assistance options, but this is normal since the majority of these features are coming soon.
  4. Udemy. If you’re looking at another LMS option that’s particularly beneficial for beginner instructors You might want to take a look at Udemy that is billed as the world’s largest marketplace for courses with over 42,000 content creators and 30 million learners. Although you’ll be able to benefit from the majority of Udemy’s important functions, such as unlimited courses for free, expect much higher transaction costs in the future. Thinkific Quarterly Report

What We Like About Thinkific

  • Fantastic pricing plans. Starting with the basic plan for as little as $39 per month, each of the three plans comes with plenty of functions for a variety of business needs.
  • Zero transaction fees. Contrary to other LMS platforms, which charge more transaction fees, Thinkific lets you enjoy the entire range of services offered without the need to worry about it.
  • Flexible and easy customizable options for customization. You can select from a wide range of templates, themes and lesson formats, and personalize each of them to your fullest.
  • A wider range of payment options for students. Not only are you able to make a one-time payments to your student audience and students, but you can also allow them to choose regular payments or membership fees to motivate them to get the most value from the benefits you can offer.
  • Faster and accessible integrations with third-party platforms. The recent launch of Thinkific App Store Thinkific App Store integrations with third-party e-commerce analysis, automation or educational platforms have never been so easy.
  • Smooth user interface. The Thinkific web interface is quick in performance, from the media playback , to the course and site builders.

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What we don’t like about Thinkific

  • There is no live chat support. While phone support is a welcoming service, Thinkific is quite lacking in the sense of providing a live chat support option which allows users to speak directly to an expert on things connected to the platform.
  • It is difficult to add code snippets into the courses. In case you’re knowledgeable at programming and coding and wish to use Thinkfic to develop your courses, it’d be better not try this out.
  • Lack of some built-in integrations. Thinkific doesn’t have integrated e-mail marketing or sales funnel integrations. However it is possible to get these services through third-party apps that provide these services.
  • Insufficient tools for the continuing education credit. Thinkific might offer various types of certificates and certifications at every end of the course however it does not provide enough functionality to make one that allows for continuing to the next lesson. Thinkific Quarterly Report

Conclusion

If you’re eager to venture to the world of Edupreneurs or to expand your reach to new heights it’s time to consider giving Thinkific the chance! The LMS platform has taken significant steps to accommodate people who are interested in exploring courses with the most effective features that other platforms don’t typically offer. What’s even more awesome is that you won’t have to worry about transaction fee after transaction fee obstructing your way.

Coursemaking, as a whole is a major investment that can significantly impact your career over the long term. What sets Thinkifc apart against the other competitors is its Free plan offering. Although it’s not as extensive as other plans but it offers enough tools to give newcomers to explore the waters and determine whether it’s a good choice for their needs. It’s also risk-free, therefore if you’d like to try out it for yourself, go ahead! Free plan, visit the official website of Thinkific!

FAQ Thinkific Quarterly Report

Does Thinkific offer a no-cost plan?

Yes, it is! Thinkific has a beginner-friendly Free plan that gives you access to the core features, including customer support as well as the course editor, but it only allows one free course. If you wish to create unlimited courses you may try out the other three plans, which are priced at.

Does Thinkific have transaction costs? And does it take a percentage of my sales that I earn?

No! There are no transaction fees that are associated with any of Thinkific’s plans apart from the ones associated with payment options. It also does not take a large cut from your earnings since Thinkific earns most of its income from paid plans.

Can Thinkific integrate with Zoom?

Yes , integration with the communication service Zoom has been made possible on Thinkific in mid-2020. This will be particularly helpful in powering Live Lessons, which also is the LMS platform’s most current features. Note however that they are only available on the Pro plan and up.

Does Thinkific mobile-friendly?

Yes. Although it doesn’t have an official mobile app however, the Thinkific interface can easily be transformed to be compatible with mobile phones and portable use on mobile browsers, like Safari, with most of the same features as the web version. Thinkific Quarterly Report

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