Thinkific Revenue

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The Internet is rich in information. There are millions of platforms on the internet that offer 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. And with its popularity rising even more because of the recent outbreak of pandemics the format has grown increasingly valuable in providing students with the necessary information. It’s also become more valuable financially, as the market for paid courses is gradually gaining momentum.

Today, we’ll do a review on Thinkfic, a popular name when it comes to online classes. Let’s take a look at the features it offers including price and features to the integrations and interactions. In the end, we’ll inform you if this is worth trying or not. If you’re an instructor or an influencer seeking new ways to promote 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. To get a comprehensive overview of Thinkific, you may still want to check out our article below.

Overview: What is Thinkific? Thinkific Revenue

Thinkfic is a well-known LMS (learning management system) platform which focuses on providing a user-friendly and fruitful education-based environment for the learner and the instructor. It’s a solid choice among business owners and entrepreneurs who specialize in selling online courses. With Thinkific it is possible to develop courses using a variety of formats, templates and lesson types to choose from. You can integrate videos or images into your lessons, let your students 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 entire course.

The process of putting your online classes up for sale has been made easy. Thinkific lets aspiring 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 so you can earn from teaching your students with valuable information. Tools for sharing and marketing are also within your reach since they can be integrated with a variety of third-party solutions that range from automation to marketing and even to online shopping. Thinkific is used by more than 36,000 entrepreneurs and businesses, including big-name companies such as Hootsuite, Samsung, Intuit, and other companies!

Thinkific The Pricing

Thinkific offers four pricing plans that start with the free tier, which is ideal for those just beginning to learn about. The Basic plan at $39/month (if it is paid every year) is a significant leap from the Free plan and comes with more features, and Premiere includes features and tools from the previous levels at $399/month.

The Pro plan for $79/month has all the necessary functions any entrepreneur will need and more. There is an Growth add-on for a more enriched teaching experience at only $50 per month on the top of the Pro level. Free SSL certificate is offered with all four plans to provide additional protection between teachers and students. A 30-day money-back guarantee 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 web editor that allows you to set up an attractive professional looking set of pages for your site of course. With this feature, you are able the option of choosing from one of the three themes available in the program or export them from third-party suppliers. Although you don’t edit your site in total control your site, you have a variety of customizable options to explore. Apart from making use of templates for your pages, you can include your own branding elements, such as logos and design assets images, as well as other media types to your site. You may even customize the URL to match your own! Thinkific Revenue

Who needs a website domain when Thinkific lets you create yours at no additional cost? Not only are you provided with a platform to develop a platform that which you can use to create your own. Additionally, you’ll have more time to concentrate on launching and making profits through your course content. The Site Builder allows you have the option of creating with a variety of page options for your site including:

  • The homepage;
  • The landing page where everything redirects you to your courses;
  • The course page where students get to pick one of your courses;
  • The check-out and sales pages on which transactions are processed
  • The sign-in page is for your subscribers students to sign into;
  • The thank you page and
  • Other pages, such as
    • The student dashboard , which contains student information,
    • The coming soon page is for future course updates, as well as
    • The page for student certificates.

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In addition, you can set up what the site will look like other than the standard desktop display. You can also choose a mobile-friendly option that allows your students to view the site and use your services through their smartphones, but it’s important to note that this feature is limited to admin users subscribing to the plans with the highest price.

Students Management, Interactions and Student Engagement

The unique system of Thinkific lets educators like you build a solid relationship with the students that are testing one of your offerings. The system’s data collection feature allows you to gain access to all your students’ key contact data once they’re connected to the system. In addition to the easy managing of data, Thinkific also has an option for groups that allows you to boost revenues and efficiently track your courses’ effectiveness by dividing your students into groups according to group, company, time, enrollment, and job type.

Everything else left aside Thinkific is also able to make it easy for you to manage interactions between students and teachers without the hassle of going to social networks like Facebook as well as Discord. Built-in Discussion feature lets you discuss the specifics of any of your classes, while the Communities and Spaces functions provide an opportunity to set up specific community forums that cover a variety of themes and topics.

Notifications

Notifications are a great way for you and your subscribers to be informed whenever something course-related comes up. You can control the way your students be notified in your administrator settings. You can choose to notify them about their progress on the particular course when they finish the course, and each time a student comments under an article discussion, among other things. Thinkific Revenue

Online Courses, Lessons and Credentials

Creating courses has been made as simple as ever, because Thinkific’s online course editor supplies edupreneurs with an array of templates and lessons along with the customizable options we already mentioned. They also provide credential and certificate tools to be awarded to those who completed your courses.

Course Templates

Thinkific has a broad selection of templates for courses that you can use without worrying about creating from scratch up. Each of these can be customized, and you can make one based on the curriculum you wish to offer.

1. Flagship Course Template

The most popular course is a major online course that concentrates on the instructor’s field of specialization. It lets you build an enhanced curriculum that is that is based on the area you are an expert in. If you are an expert in, for instance, content creation You can make a flagship course with information on the subject.

2. Mini-Course Template

Mini-courses are shorter, inexpensive versions of the most expensive course. Consider it a teaser, if you are planning to. 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 a great method to determine how well you’re getting your message noticed prior to it’s finalized. You can create a landing page linked to one of your courses to test if your targeted group is interested enough to try it out for them.

4. Digital Download Template

This template for digital download allows you to create a downloadable course when your audience, for example is on your email list. This is an effective method to increase leads and generate revenue if you wish to expand your reach further.

5. Webinar Replay

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

6. Blank Template

If you’d like to create a fully customized course you can use a blank template option where you can start fresh. You can choose from a wide range of lessons, techniques, and tools to aid you in making 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 added bonus. This feature is available in the event that you have a membership/course bundle.

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Types of Lessons

There are 12 kinds of lessons – or chapters available for you to select from. The Course Builder gives instructors and instructors with a vast variety of lessons, each of which is adjustable for any topic, from the chapter’s title to the data and files that are that are ready to input.

Video Lessons

Video lesson chapters are just an effective ways for students to gain knowledge. Thinkific supports the most diverse formats of video possible including MP4, FLV and MOV files. After uploading and being integrated into the course outline the videos are then stored in the Video Library, where they are able to be used in subsequent courses.

Quiz Lessons

This allows you to include questions by entering the questions that students will be able to see, and then providing the answers for them to choose from. The quiz chapter template is entirely in multiple choice form and allows you to choose whether you want to provide one or more correct answers.

Multimedia Lessons

Multimedia chapters allow you to connect out to various streams of content that are not available through Thinkific. You can incorporate a lot of these, from the tools for webinars like Zoom to surveys and presentations and even to Google Docs documents. Additionally, you have the option of integrating other third-party creators of courses, such as Articulate Storyline and Adobe Captivate however, this is only limited in both 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 allows you to include audio, images downloads, files that can be downloaded, and even embedded links to YouTube videos. Thinkific Revenue

Survey Lessons

The specially designed survey forms from Thinkific allow your students to chime in their feedback, suggestions or other ideas into the analyzed data for you to view. It is possible to add this chapter at any time during or after the course. You have three choices to you, such as scale-based, rating-based or answer-based surveys.

Downloadable Lessons

This chapter is where you may upload zip files or PDFs, audio-visual files such as. for students to download in the course player, so that they can have a readily accessible course-related guide to follow through.

PDF Lessons

Apart from downloadable files, they may also be uploaded to your students to look over in the course. It is possible to include PDF files and transform them into accessible lessons for students to access without downloading and take them home.

Presentation Lessons

Thinkific offers in-house tools that allow you to upload and display your slide presentations – in PDF form to students within the course. You have the option to provide an download link for your students to use during their free time, and the option of a voice-over feature which you could record on each slide.

Audio Lessons

With Thinkific, you may add videos, presentations, and PDF documents among others. You can also add an audio-only chapter, by uploading MP3 files, like MP3, into any of your classes that your students can listen to.

Assignment Lessons

Chapters for assignment lessons let teachers just like you collect student submissions including reports, projects as well as essays written by students and more. Note that this type of chapter is only available in certain plans starting from the Pro plan.

Brillium Exam Lessons

Exam chapters allow you to select from a wider variety of questions other than the typical multiple choice option, such as filling in the gaps. It is also possible to expand to the next question by relying on answers from the previous ones, and also get detailed information on your report. This is made possible by integrating with Brillium which is limited to the highest-scale plans starting at the Premiere tier.

Live Lessons

Live lesson chapters was recently added to the Course Builder. Since this is currently in beta, you can anticipate some limitations in terms of performance. That aside, the live feature is a great method to allow instructors to share the latest information to their students in real-time.

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Credentials and Certificates

Only available in The Pro plan and above you can issue completion certificates or other credentials to students who have completed the course you taught on Thinkific. This is made much more feasible by its integration with credential specialist Accredible. It is possible that you may encounter a Thinkific-themed certificate template that looks rather boring. This is where Accredible comes in With a mix of features and editing capabilities from the two platforms. You get the option of modifying how your certificates to look design-wise, from the borders to the text.

Other Features of a Course Builder that are useful

Its Bulk Importer feature allows you to add as many documents as you wish to add to your course at once. Instead of uploading one by one This gives you more time to work on other tasks. It is particularly beneficial for entrepreneurs who have a lot of work to do.

The Drip Scheduler, on the other hand, lets you to schedule your lessons to 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

Marketing in selling products to your customers can be difficult to grasp if you’re not provided with sufficient tools to get going. There are many options to choose from. LMS platforms, including Thinkific offer the majority of, if not all of the necessary features for merchants available for use.

Payment Options

If you plan on making a profit from paid online courses, you might want to link your Thinkific account to any among the payment services that have been closely integrated into the platform. Stripe along with PayPal are typically required to handle transactions from your learners. Thinkific Revenue

We’re aware of what PayPal can be and exactly how it functions because it’s among the most used payment methods in the world. If you’re not up to speed, PayPal is where you pay for goods through the transfer of a percentage of your balance funds to the retailer you’re purchasing from.

Stripe however, on the other hand, handles cashless transactions from many other e-wallet services across the globe that function like PayPal. It also processes debit and credit card transactions at banks from different locations.

Pricing Options for Students

Setting up how much you’re going to sell your course content to your learners is an important step in marketing and sharing your products to the public. If it’s free or requires multiple payments, Thinkific offers four pricing options you can create for students who wish to utilize it: free, one-time payment as well as membership or subscription and a monthly installment.

  • 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 bonus add-on to any of your paid-for services.
  • One-time payment – You charge students one-time fees for the course material. You can also establish an enrollment duration for the length of time they will be able to 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 subscription fees to gain access to all your content. Be aware that this feature is only available for plans starting from the Pro tier.
  • Monthly payment : The entire price of your course is split into monthly installments to be paid by students, especially without any worry about breaking the bank for them. Like the subscription model is only available through the Pro plan onwards.

If you’d like to develop multiple pricing scenarios for one of the courses you offer, then you may accomplish this by making use of the “Set additional pricing” option.

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Other Methods to Promote Your Content

Coupons

Coupons are used to promote your course content and the bundles that accompany it. They are available in all of Thinkific’s paid plans, although in the Basic tier you’re limited to one coupon for free. You can customize your coupons to be compatible with how many services you can offer You are able to alter the discount percentage, the course it will be applied to, as well as the expiry date.

Affiliate Marketing

Thinkific offers a few features that allow you to invite those who have registered to any of your courses as affiliates. They can be used as an additional source of support as they help promote your course to potential student subscribers. Additionally, they could earn commissions simply by sharing exclusive promo hyperlinks to your online courses.

E-mail Marketing and Business Growth

There’s no more effective method to sell your products online than e-mail marketing. It’s also a good idea to know that Thinkific lets you integrate with a variety of third-party tools that specialize in it which includes major e-mail marketing platforms like MailChimp, AWeber, and ConvertKit. There are numerous other marketing tools to pick from and connect to on Thinkific’s App Store that we’ll discuss in a moment. This isn’t all however, as Thinkific can also allow you to give your business and platform 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 platform on the internet, Thinkific allows for seamless integrations with a vast range of third-party tools and services, all of which offer a better user experience for both the student and instructor.

Thinkific App Store

The Thinkific App Store is a recent addition to a long list of features available on the platform. Integrations with third party solutions as well as services now available to be easily downloaded and utilized via the comprehensive app library. This is a huge improvement in the way that integrations are dealt with from earlier when integrations had to be managed via the settings. This feature is accessible in all of Thinkific’s plans and each app on the store is free to use however some require a monthly subscription while others provide services that are completely free.

Automation Services

If you’re an edupreneur with a paid teaching account it’s equally crucial to have access to tools built to automate all your tasks – and connect to many more third-party software platforms at same at the same time. One such service that lets you automate with ease is Zapier. Zapier has two main tools that can be useful for managing your account as well as your courses. The feature ‘Triggers’ is available in both Zapier’s Basic or Pro plans. Additionally it is able to perform simple tasks on your behalf, for example, adding those who has signed up for one of your courses to your mailing list.

The “Actions” feature however is packed with additional capabilities , but is only limited by the Pro + Growth and Premier plans. In addition to Zapier, there’s InfusionSoft which allows you to automatize your marketing and sales functions. InfusionSoft is an extremely well-known tool for automation for small businesses that may not have enough staff and team members handle marketing-related tasks. Thinkific Revenue

Analytics

Having a bunch of analytics tools is a sound method of getting insights into how well your services are received, allowing you to either continue either discontinuing, re-inventing, or enhance the quality of your services. Thinkific allows you to integrate with third-party applications that concentrate on gathering information. One such application is Mixpanel that comes with advanced tools that do more than just count your opinions, but analyse student activity between your classes.

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Segment.io is another sought-after platform that lets you send information in real time to other marketing and data analytics services like SalesForce, HubSpot, ZenDesk, and more. When it comes to offering reliable and precise analyses, Google Analytics ranks number first on the web. As it’s an essential part of online sales it is easily linked to Your Thinkific account by entering the Tracking ID. Additionally, if you want to distribute 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 Support and Student Success

Analytics, E-commerce in addition to automation, Thinkific can easily connect with several apps specifically designed for student success. Accredible, as previously mentioned is used to issue completion certificates and manage credentials. However, it’s only available with plans called Pro and Premier plans. Brillium can help you broaden the possibilities of your exams, and Disqus helps provide 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 rescue it from any potential error in the transaction. Taxes are going to be inevitable when running an online course business. Thankfully some platforms can help you to manage taxes easily by offering tax-free services, like Quaderno.

Customer Support and Help Customer Support and Help

Thinkific offers a decent selection of customer support platforms you can contact whenever you require help. The customer support hotline is available via telephone or e-mail, with priority support for administrators who are registered to the Pro plan or higher. However, contacting an expert is not possible in terms of time, since it’s only available on Mondays through Fridays. There’s no mention that live chat is available as well. Thinkific Revenue

Despite the lack of support options directly available, Thinkific has a help and training center, with resources that will assist entrepreneurs in the process of establishing and managing admin accounts. It also offers a free course which teaches novices how to develop, market, and sell their products as effectively as possible.

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 such as fast access through the mobile app Teachable Payment and an integrated e-mail marketing tool. It offers four plans that start with the basic plan being just $10 more than Thinkific’s but they might charge higher transaction fees.
  2. Kajabi. Kajabi is a better LMS platform for established entrepreneurial venture, and has the ability to customize options twice as extensive as other competitors. In addition it has more advanced features that match requirements of big businesses. Apart from that, Kajabi is also among the most costly sites and prices start at $119/month , and there is no free option.
  3. Podia. Podia is the most recent addition to the line-up of online course platforms, with some decent features for a similar price as Thinkific. The only thing that some people don’t like yet about Podia is the absence of customizing tools and assistance options, but this is understandable since most of them will be in the near future.
  4. Udemy. If you’re considering another LMS choice that is particularly suitable for instructors with no experience It’s worth a check out Udemy, which boasts itself as the world’s largest marketplace for courses with more than 42,000 content creators and 30 million learners. While you may get to enjoy most of the fundamental functions, like unlimited courses that are completely free of charge, you can expect to pay much more transaction fees in the near future. Thinkific Revenue

What We Love About Thinkific

  • Exceptionally great pricing plans. Starting with the basic plan for as little as $39 per month, any of the 3 paid tiers has tons of handy functions for a variety of requirements of entrepreneurs.
  • Zero transaction fees. Unlike some LMS platforms that charge higher fees for transactions, Thinkific lets you enjoy all its features without the need to worry about the cost.
  • Flexible and convenient customization options. You are able to pick from a variety of topics, templates for courses 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 offer a one-time payment for your student audiences and students, but you can also allow them the option of the option of monthly membership or payments in order to help them get the most value from the services you provide.
  • Integrations that are faster and more accessible to third-party platforms. The recent addition of Thinkific App Store Thinkific App Store, integrations with third-party e-commerce, analysis, automation, and educational web platforms have never been so easy.
  • Smooth user interface. The web interface of Thinkific is fast in its performance, from playback of media to the course and the site builders.

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Things We Do Not Like About Thinkific

  • Live chat is not available. Although the phone support option is a welcome feature, Thinkific is quite lacking in providing live chat support that allows users to talk directly with an expert about matters connected to the platform.
  • Difficulty adding coding snippets to courses. In case you’re knowledgeable in programming and coding and would like to use Thinkfic to build your courses, it would be much better to not test this method.
  • Lack of some built-in integrations. Thinkific doesn’t have built-in e-mail marketing and sales funnel integrations. However you can access the same services from third-party apps that provide these services.
  • The absence of tools to help with continuing education credits. Thinkific might offer various types of certificates and credentials at the end of each course however it does not possess enough capabilities to build one that allows for continuing to succeeding lessons. Thinkific Revenue

Conclusion

If you’re ready to enter into the world of edupreneurs, or to expand your reach to new heights You should try giving Thinkific the chance! This LMS Platform has taken big steps to cater to people who are interested in exploring courses with the most effective features that other platforms do not typically offer. The best part is that you don’t need to worry about transaction fee upon transaction fee blocking your path.

Coursemaking, as a whole is an investment that can significantly impact your career in the long run. What makes Thinkifc stand out from other courses is the Free plan that it offers. While it’s as limited as they come however, it comes with enough features to allow beginners to test the waters and see whether it’s a good choice for their needs. It’s also risk free, so if you’d like to test it out, you can do so by signing up for it for yourself, go ahead! Free plan, you may go to Thinkific’s official website!

FAQ Thinkific Revenue

Does Thinkific offer a no-cost plan?

Yes, it is! Thinkific has a beginner-friendly Free plan that gives you access to the main features, including customer support as well as the course editor, however it will only allow one free course. If you’d like for unlimited course creation you can test the other three plans, all of which are paid.

Does Thinkific have transaction costs? Does it also charge 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. Additionally, it does not take a large percentage of your earnings because Thinkific earns most of its revenue from paid plans.

Does Thinkific integrate with Zoom?

Yes – Integration with the messaging service Zoom has been made available on Thinkific from the middle of 2020. This will be particularly helpful in enabling Live Lessons, which also is one of the LMS platform’s most recent features. Be aware that these features are only available to those who subscribe to the Pro plan and onwards.

Is Thinkific mobile-friendly?

Yes. Even though it does not have an app specifically designed for mobile, the Thinkific interface can be easily converted to be more compatible with mobile phones and portable browsing on mobile browsers like Safari, with most of the same features available in its web-based counterpart. Thinkific Revenue

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