Thinkific Valuation

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The Internet is full of information. There are millions of platforms online filled with all the things you might be interested about. What better way to do it than with online courses? Online courses are in vogue these times. And with its popularity rising even more because of the recent pandemic lockdown This format is becoming more and more valuable in providing students with the information they need. It’s also become more profitable financially, since the market for paid courses is slowly gaining traction.

Today, we’ll do an overview of Thinkfic is a well-known brand in the field of online classes. Let’s look at what it has to offer in terms of prices and features to integrations and interaction. In the end, we’ll inform you if this is worth a try or not. Should you be an educator or an influencer seeking new methods to share your content, stay tuned!

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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 is Thinkific? Thinkific Valuation

Thinkfic is a popular LMS (learning management system) platform which focuses on providing a scalable and fruitful education-based environment for the learner and the instructor. It’s a good choice for entrepreneurs and companies 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 whenever you want, create fun and interactive quizzes and even give certificates to to those who made it through the whole curriculum.

Putting your online classes up for sale is now simple. Thinkific allows budding edupreneurs such as you to control the way they can be accessed. You can offer your classes at no cost or set up subscription fees to earn money from teaching your students with valuable information. Tools for sharing and marketing are also available as they can be integrated with a range of third-party applications that range from automation to marketing and even to eCommerce. Thinkific is currently used by more than 36,000 entrepreneurs and businesses, including big-name companies like Hootsuite, Samsung, Intuit, and other companies!

Thinkific: The Pricing

Thinkific has four pricing plans, starting with the Free plan, which is ideal for those just beginning their journey. The Basic plan at $39/month (if paid annually) is a big jump from the free plan that comes with added features. Premiere includes tools and integrations from all previous plans at $399/month.

The Pro plan for $79/month offers all the features that entrepreneurs need; in addition, there is a Growth add-on package for a more enriched teaching experience at only $50 per month, on top of the Pro tier. Free SSL certificate is offered in all four plans to ensure added security between students and teachers. A 30-day money-back guarantee is also provided with the paid plans. If you’re not satisfied you’ll be able to get your money back 100 percent!

Thinkific Site Builder

Thinkific’s Site Builder is a webpage editor that allows you to build a beautiful, professional-looking set of pages for your course site. With this feature, you get the option to choose between any of the 3 in-house themes or export ones from third-party vendors. Although you don’t edit your site in total control your site, you do get a wide array of customization options for you to play around with. In addition to using templates for your pages, you can incorporate your personal branding elements, like designs and logos images, as well as other media types to your site. You could even personalize it down to your URL! Thinkific Valuation

Why do you need a domain for your website 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 call your own. Additionally, you’ll have the time to concentrate on the launch and making money through your course content. With the Site Builder, you’ll have the option of creating with a variety of pages you can create for your website including:

  • The homepage;
  • The landing page where 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 that allows your subscribers students to sign in;
  • The Thank You Page; and
  • Other pages, for instance,
    • The dashboard of students for student information,
    • The coming soon page is for future course updates, as well as
    • The page for student certificates.

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Additionally, you may also set up what the site will appear like, aside from the standard desktop display. You can also choose a mobile-friendly option which lets your students view as well as interact with you website via their mobile devices, however it’s important to note that this feature is limited to admin users subscribing to the most expensive plans.

The Student’s Management and Interactions

Thinkific’s unique system helps edupreneurs like you build a solid connection with students who are experimenting with the products you offer. The data collection features allow you to gain access to your students’ primary contact information once they’re logged into the system. Apart from the convenient data management, Thinkific also offers a Groups feature that allows you to boost revenues and efficiently evaluate the success of your classes by dividing your students into groups by group, company and time, as well as enrollment and the type of job.

Everything else aside, Thinkific can make it easier for you to handle teacher-student interactions without the added hassle of going to social media platforms like Facebook or Discord. Its built-in Discussion feature lets you discuss the specifics of any of your courses and the Communities and Spaces functions provide an opportunity to set up dedicated community forums of different topics and interests.

Notifications

Notifications are an excellent method for both you and your subscribers to be informed each time something related to your course occurs. You can control how your students will receive notifications through your admin settings. You can choose to notify your students information about their progress on the chosen course, at a time whenever they complete it, and every time a fellow student comments under a discussion post and so on. Thinkific Valuation

Learn online, take classes and Credentials

The process of creating courses has been made easy as ever as Thinkific’s specially formulated online course editor supplies 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 that can be awarded to those who completed your courses.

Course Templates

Thinkific has a wide array of course templates that you can use without the need to worry about creating a course from the ground from scratch. Each one of them can be customized and you can design one based on the curriculum you want to provide.

1. Flagship Course Template

The most popular course is a major online course that is focused on the instructor’s field of knowledge. You can create an enriching curriculum that is based on the area you are an expert in. If you’re an expert in, content creation You can create a flagship course packed with details about it.

2. Mini-Course Template

Mini-courses are the shortest, most affordable versions of the main course. Think of it as the equivalent of a teaser, if one would. The mini-course template was created to attract potential students and to generate leads to your full-fledged classes.

3. Pre-Sell Template

The pre-sell template can be a fantastic way to see how you’re getting your message noticed prior to it’s published. You can create the landing page for your course to determine if your intended group is interested enough to try it out for themselves.

4. Digital Download Template

Digital download templates lets you develop a course that can be downloaded following the time your audience, for instance opts in to 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 pre-recorded recording of your webinar for your audience to review or catch up on if you missed them.

6. Blank Template

If you want to design your own course completely customized you can use the option of a blank template so that you can start fresh. You may choose from a wide range of lesson types, tips and tools that will assist you in the process of creating a detailed course.

7. Membership Resource Library

The membership resource template allows you to upload useful learning material that is included as an extra. This handy feature is accessible in the event that you have a membership/course bundle.

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Lessons of Various Types

There are 12 different types of chapters – or lessons that you can choose from. The Course Builder provides 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 data and files that are available for input.

Video Lessons

Video lesson chapters are one of the most efficient ways for students to master. Thinkific supports all video formats possible including MP4, FLV as well as MOV files. Once uploaded and incorporated into the course’s plan the videos will be automatically stored in the Video Library, where they are able to be used in subsequent courses.

Quiz Lessons

This lets you add in the quiz components by typing in the questions students will see and then providing the answers to choose from. The quiz chapter template is in multiple choice form and allows you to pick if you wish to have one or multiple correct answers.

Multimedia Lessons

Multimedia chapters allow you to connect out to various streams of content beyond Thinkific. It is possible to integrate a variety of different streams, from tools for webinars like Zoom to the surveys and presentations, and even Google Docs files. There is also the option of integrating other course creators from third parties including Articulate Storyline and Adobe Captivate however, this is only restricted to pricing plans like the Pro as well as Premiere pricing plans.

Text Lessons

The template for the text lesson chapter doesn’t just allow you to type text characters. It also lets you include audio, images as well as downloadable files. There are even embedded hyperlinks for YouTube videos. Thinkific Valuation

Survey Lessons

The specially designed survey forms from Thinkific allow your students to chime with their ideas, feedback or other ideas into the analyzed data for you to view. You may add in this chapter at any time during or after the course. There are three options available for you to pick from, such as rating-based, scale-based, or survey-based on answers.

Downloadable Lessons

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

PDF Lessons

Apart from downloadable files, they may also be uploaded to your students to look over within the course. It is possible to incorporate PDF files, and then transform them into readable lessons for students to access without having to download and take them home.

Presentation Lessons

Thinkific offers in-house tools that let you show and upload your slide slides – in PDF format for your students in the course. You have the option to add an option to download the slides for students to download during their free time and a voice-over function which you could record on each slide.

Audio Lessons

With Thinkific, you may include videos, presentations, and PDF documents among other things. You can also add the audio chapters by uploading files, like MP3, into any of your courses for your students to listen to.

Assignment Lessons

Chapters for assignment lessons let teachers such as students submit student work like reports, projects as well as essays written by students and much more. Take note that this type of chapter is only available on select plans starting from to the Professional plan.

Brillium Exam Lessons

Exam chapters let you select from a wider selection of types of questions than the standard multiple choice approach, such as filling with blanks. You may also move on to more challenging questions based on the answers from previous ones, and get detailed information on your report. This is made 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, you can anticipate some limitations in terms of function. That aside, the live feature is a great method for instructors to communicate the latest information to their students in real-time.

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Certificates and Credentials

Available only in the Pro plan and up you can issue completion certificates and other credentials to any of your students who made it through your course using Thinkific. This is made possible with its integration with credential expert Accredible. There is a chance that you may encounter a Thinkific-themed certificate template that may appear rather boring. This is the reason why Accredible is a must – with a combination of features and editing capabilities from the two platforms. You are able the ability to alter how your certificates to look design-wise, from the borders to the text.

Other Useful Course Builder Features

The Bulk Importer feature lets you drag and drop as many files as you wish to add to your course at once. Instead of uploading individual files it gives you more time to prepare and work on other aspects. This is especially beneficial for entrepreneurs who are very busy.

The Drip Scheduler The Drip Scheduler, on the other hand, lets you to schedule your course lessons at an exact time and date. This feature is useful in keeping your student audience active and well-balanced when it comes to storing information.

Payment, Selling, and Marketing

Marketing and selling your product to your customers can be more challenging to take if you’re not provided with enough tools to get things up and running. There are many options to choose from. LMS platforms, like Thinkific offer the majority, if not all, of the most essential features related to merchants available for use.

Payment Options

If you intend to earn money from paid online courses, you may want to connect your Thinkific account to one or both of these payment services which have been tightly integrated into the platform. Stripe as well as PayPal are usually required to handle transactions from your learning subscribers. Thinkific Valuation

We’re all aware of the basics of what PayPal can be and exactly how it functions because it’s among the most popular payment methods around the world. But if you’re not familiar with the process, PayPal is where you pay for products by sending in a part of your balance money to the merchant you’re buying from.

Stripe, on the other hand, handles cashless transactions for many other e-wallet providers all over the world, which function like PayPal. Additionally, it processes credit and debit card transactions for banks in different locations.

Student Pricing Options

Making a decision on how you’ll be able to offer the content you offer to your subscribers to learning is an essential step in marketing and sharing your content across the globe. Whether it is cost-free or needs multiple payment, Thinkific offers four pricing options that you can create for students who want to take advantage of it such as free, one-time payment as well as membership or subscription and a monthly installment.

  • Free – This allows you to offer content to your students at no cost. If you’re a business owner, it can be best employed as a lead generator or bonus add-on to your paid services.
  • One-time payment: You charge students a one-time fee for the content of your course. As an option, you may also set up an enrollment timeframe to determine how long they are 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 your content. Take note that this is only available for plans that start at the Pro tier.
  • Monthly payment : The total price of your course is broken down into monthly installments to be paid by students, preferably without having to worries about a financial loss on their own. Like the subscription option is available only through the Pro plan onwards.

If you wish to create multiple pricing scenarios for the courses you offer, then you can achieve this by using the “Set Additional Pricing” option.

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Other Ways to Market Your Content

Coupons

Coupons are used to promote your course content and the bundles that accompany it. They’re available to use for all of Thinkific’s paid plans, but at the basic tier, you’re entitled to only one free coupon. The coupons can be customized to be compatible with how many services you can offer – you can modify discounts, the is the amount it’s 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. They also earn commissions from simply posting unique promotional links to your courses online.

E-mail Marketing Marketing and Business Growth

There’s no better way to promote your products on the internet than e-mail marketing. And Thinkific lets you integrate with a variety of third-party tools that specialize in it, including major e-mail marketing platforms such as MailChimp, AWeber, and ConvertKit. There are a variety of other marketing platforms you can choose from and connect to on Thinkific’s App Store that we’ll discuss in the near future. This isn’t all however, as Thinkific offers the ability to give your company and platform the boost they need through the growth platform on the internet Sumo as well as the API Tool.

Integrations

Like other online course platforms , and in essence, every other online platform, Thinkific allows for seamless integrations with a variety of third-party tools and services, all of which offer a better 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. Integrations with third party solutions as well as services now able to be easily accessed and used through the rich app library. This is a major improvement in the way integrations are dealt with from back then when they had to be handled via the settings. This feature is accessible across all plans of Thinkific and every app available in the store is completely free however some require a subscription, while others offer services that are free.

Automation Services

If you’re an educator with a paid teaching account is equally important to have access to tools built to automate all your tasks. You can also connect to tons more third-party software platforms same simultaneously. One of the services that let you manage your tasks easily is Zapier. Zapier offers two key functions that are helpful in managing your account as well as your courses. The feature ‘Triggers’ is part of the Basic and Pro plans. In addition it will perform basic tasks on your behalf, like adding people who signed up to take one of your classes to your mailing list.

The “Actions” feature on the other hand is packed with additional features that it has to offer but it’s only available to the Pro + Growth and Premier plans. Alongside Zapier, there’s InfusionSoft, which lets you automate all your marketing and sales functions. InfusionSoft is an automation tool that is well-known for small businesses that may not have enough employees and team members take care of marketing-related issues. Thinkific Valuation

Analytics

The use of a variety of analytics tools is a sound method to gain insight into how well your offerings are received, allowing you to keep either discontinuing, re-inventing, or enhance them. Thinkific allows you to integrate with third-party applications that concentrate on collecting data. One popular app is Mixpanel that comes with advanced tools that do more than just count your views, but also examine student movement between your classes.

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Segment.io is another sought-after platform that lets you transfer data in real-time to and from other data analytics and marketing services such as SalesForce, HubSpot, ZenDesk and other services. In terms of providing precise and accurate analytics, Google Analytics ranks number first on the web. Because it’s an essential component of online selling It is easily connected to the Thinkific account by entering the Tracking ID. Additionally, if you’d like to share the content of your online courses to social media sites, specifically on the most popular social platform Facebook You can accomplish this by integrating using Facebook Pixel.

Student Support and Success

Analytics, E-commerce in addition to automation, Thinkific can easily connect to a variety of applications geared towards student success. Accredible, as mentioned previously is used to issue completion certificates and manage credentials but is only available in plans called Pro as well as the Premier plan. Brillium can help you broaden the possibilities of your exams, and Disqus helps provide a platform for teacher-student interactions.

E-commerce Solutions

If a payment powered by Stripe is in trouble, such as being declined by your card, Stunning is there to help you out of any error in the transaction. Taxes are going to be inevitable when it comes to running an online course in business. Thankfully some platforms can help you with that easily, such as Quaderno.

Customer Support and Help Customer Support and Help

Thinkific offers a broad range of customer service platforms that you can reach whenever you require help. Its customer support hotline is available via either e-mail or by phone, and offers priority support to admin users subscribed to the Pro plan upwards. However, reaching out to an expert isn’t possible in the sense that the hotline is only open on Mondays through Fridays. There’s no indication of live chat support, either. Thinkific Valuation

Despite the lack of direct support options, Thinkific has a help and training center that contains information specifically designed to assist aspiring entrepreneurs in establishing and running an administrator account. It also offers a free course which teaches novices how to design, promote and sell their products in the most efficient way possible.

Alternatives to Thinkific

  1. Teachable. If you’re interested in selling and distributing your paid online courses with a wider audience, Teachable has similar features like Thinkific as well as additional features such as fast access through the mobile app Teachable Payment as well as an integrated marketing tool for e-mails. It has four plans, including the most basic one, which costs 10 dollars less than Thinkific’s plan, however, they could charge more transaction fees.
  2. Kajabi. Kajabi is a more suitable LMS platform for anyone who has a solid background in entrepreneurship, with customization options twice as wide as the other options. On top of that it comes with more advanced features that match the needs of large businesses. That aside, Kajabi is also among the most expensive websites, with prices starting from $119/month , and there is no free option.
  3. Podia. Podia is the most recent addition to the line-up of online courses platforms, with some decent features for a similar cost to Thinkific. One thing people aren’t happy with to date with Podia is the absence of customizing tools and support options, but that’s understandable since most of them are coming soon.
  4. Udemy. If you’re considering another LMS option that’s particularly beneficial for beginner instructors It’s worth a check out Udemy that is billed as the biggest course marketplace with more than 42,000 content creators and 30 million learners. Although you’ll be able to benefit from the majority of Udemy’s fundamental functions, like unlimited courses, completely free of charge, you can expect to pay much more transaction fees in the near future. Thinkific Valuation

What We like about Thinkific

  • Fantastic pricing plans. Starting with the basic plan for as little as $39 per month, any of the 3 paid tiers has tons of handy options for various business needs.
  • Zero transaction fees. Unlike some LMS platforms, which charge more transaction fees, Thinkific lets you enjoy all of its services without having to think about the expense.
  • Flexible and easy customizable options for customization. You can choose from a vast array of templates, themes and lesson formats, and customize every one of them to your fullest.
  • A wider range of payment options for students. You are not only able to offer a one-time payment for your student audiences and students, but you can also allow them to select monthly payments or membership fees to encourage them to make the most of the benefits you can offer.
  • Integrations that are faster and more accessible to third-party platforms. With the recent launch to Thinkific App Store Thinkific App Store integrations with third-party e-commerce automation, analysis, as well as educational websites haven’t been so easy.
  • Smooth user interface. The Thinkific web interface is quick in performance, from the media playback , to the course and the site builders.

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What We Don’t Like About Thinkific

  • Live chat is not available. While the phone support option is a welcome service, Thinkific is quite lacking in providing a live chat support option which allows users to speak directly to an expert regarding issues that are related to the platform.
  • The difficulty of adding code-related snippets to classes. In case you’re knowledgeable in programming and coding and wish to use Thinkfic to create your courses, it would be much better to not attempt this.
  • Lack of some built-in integrations. Thinkific is not equipped with integrated e-mail marketing or sales funnel integrations, although you can get the same services from third-party apps that offer them.
  • Insufficient tools for the continuing education credit. Thinkific may offer different kinds of certificates and credentials at every end of the course however, it doesn’t possess enough capabilities to build one that allows for continuing to the next lesson. Thinkific Valuation

Conclusion

If you’re looking to step in the world of entrepreneurs, or to expand your reach to new heights You should consider giving Thinkific the chance! This LMS Platform has taken huge steps to accommodate those who want to explore courses with the most effective features that other platforms do not normally offer. What’s even more awesome is that you won’t have to worry about transaction fees upon transaction fee obstructing your way.

Coursemaking, in all its forms, is a huge investment that can significantly impact your career in the long term. What sets Thinkifc apart from other courses is the free plan it offers. Although it’s not as extensive as other plans however, it comes with enough features to provide a way for novices to try the waters to determine if it’s the right fit. It’s also risk free, so if you want to test this plan, you can do so by signing up for the Free plan, check out Thinkific’s official site!

FAQ Thinkific Valuation

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 and the course editor, however it will only allow the creation of one complimentary course. If you wish to create unlimited courses, you may try out the three other plans, all of which are priced at.

Do Thinkific require transaction charges? And does it charge a percentage of my earned sales?

No! There are no transaction fees associated with Thinkific’s plans except for those associated with payment options. Also, Thinkific doesn’t take a significant percentage of your earnings because Thinkific makes the majority of its revenue from paid plans.

Does Thinkific integrate with Zoom?

Yes – Integration with the communications service Zoom has been made possible on Thinkific from mid-2020. This will be especially 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 onwards.

Are you Thinkific mobile-friendly?

Yes. Although it doesn’t have a dedicated mobile app However, the Thinkific interface can easily be modified to make it more compatible with mobile phones and portable viewing on mobile browsers like Safari, with most of the same features as its web-based counterpart. Thinkific Valuation

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