What Percentage Does Thinkific Take

thinkific-review

The Internet is rich in information. There are many platforms on the internet that offer everything you may be curious about. And what better way to do it than with online courses? Online courses are everywhere these times. In addition, as its popularity grows even more because of the recent outbreak of pandemics, this format has become increasingly valuable for providing users with the necessary information. It’s also becoming more profitable financially, since the market for paid courses is gradually gaining momentum.

Today, we’ll present a review on Thinkfic which is a household name in the field of online courses. Let’s take a look at what it can offer including prices and features to integrations and interaction. We’ll let you know if it is worth trying or not. Should you be an educator or an influencer searching for new ways to promote 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? What Percentage Does Thinkific Take

Thinkfic is one of the popular LMS (learning management system) platform that focuses on providing an accessible and fruitful education-based environment for the learner and instructor. It’s a good choice for business owners and entrepreneurs who specialize in selling online courses. With Thinkific, you get to develop courses using a variety of formats, templates, and lesson types to choose from. You can incorporate videos and images into your lessons and let 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 whole curriculum.

Making your online courses available for sale has been made simple. Thinkific lets aspiring edupreneurs like you to control how their courses are accessed – you may offer your classes at no cost or even set up subscriptions so you can earn from teaching your students with valuable information. Sharing and marketing tools are also within your reach since they can be integrated with a variety of third-party solutions, from marketing to automation and even to online shopping. Thinkific is currently used by more than 36,000 entrepreneurs and corporations, which includes big names like Hootsuite, Samsung, Intuit, and more!

Thinkific The Pricing

Thinkific has four pricing plans starting with the Free tier that’s perfect for those who are just beginning their journey. The Basic plan at $39/month (if paid annually) is a significant leap from the Free plan with additional features, while Premiere is packed with features and tools from the previous plans at $399/month.

The Pro plan, which costs $79 per month, offers all the functions any entrepreneur will need; in addition, there is a Growth add-on package for a more enhanced teaching experience for only $50 per month on top of the Pro tier. An absolutely free SSL certificate is offered in all four plans to provide additional protection between teachers and students. A 30-day guarantee on refunds is also provided with the paid plans. If you aren’t satisfied you can be able to get your money back 100 percent!

Thinkific Site Builder

The Site Builder from Thinkific is a web editor that lets you create a stunning professional-looking set of pages for your course site. With this option, you have the ability to either choose from any of the 3 in-house themes or export ones from third-party suppliers. Although you don’t edit your site in total control your site, you have plenty of customizable options to experiment with. Alongside using page templates, you may incorporate your personal branding elements, like designs and logos images, as well as other forms of media to your site. You could even personalize the URL to match your own! What Percentage Does Thinkific Take

Who needs a website domain when Thinkific allows you to create one without cost? You’re not only provided with a platform to create a platform that which you can use to create your own. You also get more time to concentrate on the launch and making money from your course content. The Site Builder allows you have the opportunity to create with a variety of page options for your site like:

  • The homepage;
  • The landing page where everything is redirected to your courses;
  • The course page which allows students to select from any of your courses.
  • The pages for sales and checkout on which transactions are processed
  • The sign-in page that allows students who are subscribers to sign in;
  • The thank you page; and
  • Other pages, such as
    • The dashboard of students for student information,
    • The coming soon page for future updates to the course, as well as
    • The student certificate page.

What Percentage Does Thinkific Take

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Additionally, you may also configure what the course site will appear like, aside from the typical desktop-style screen. The mobile version of the site that lets your students view the site and use your website via their mobile devices, however it’s important to remember that this option is limited to admin users subscribing to the plans with the highest price.

Students Management, Interactions and Student Engagement

Thinkific’s one-of-a-kind system lets edupreneurs like you build a solid relationship with students that are testing any of your products. Its data collection even allows you to get full access to your students’ primary contact information after they’ve registered in the system. In addition to the easy data management, Thinkific also offers an option for groups that lets you to boost the revenue of your business and track your courses’ effectiveness by dividing your students into groups based on cohort, company, time, enrollment, and the type of job.

All management apart, Thinkific also makes it easier to manage teacher-student interactions without the added hassle of going to social networks like Facebook and Discord. Built-in Discussion feature allows students to talk about the details from any of your classes The Communities and Spaces functions provide a platform to create communities that are specifically designed for different subjects and interests.

Notifications

Notifications can be a wonderful method for you and your customers to be informed each time an issue related to the course arises. You can control how your students will receive notifications in your administrator settings. You may choose to send them about their progress on the chosen course, at the time they finish the course, and each time a student makes a comment on the discussion section, among other things. What Percentage Does Thinkific Take

Learn online, take classes, and Credentials

Creating courses has been made as simple as ever, because Thinkific’s online course editor provides edupreneurs with a vast range of lessons and templates on top of the flexibility of customization options we already mentioned. 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 you can choose from without having to think about creating from scratch up. Each one of them can be customized, and you can create one that is based on the course you want to provide.

1. Flagship Course Template

The most popular course is a major online course that focuses on the instructor’s field of expertise. It allows you to create an enriching curriculum that is based on the area you are an expert in. If you’re an expert in, say, content creation You can develop a course that is packed with detailed information about it.

2. Mini-Course Template

Mini-courses are the shortest, most affordable versions of the most expensive course. Think of it as an introduction, if you are planning to. The mini-course template was created to draw students’ attention and to generate leads for your full-fledged classes.

3. Template for Pre-Sell

The pre-sell template is a great method to determine how well the course will be received prior to it’s published. It allows you to create an online landing page that is linked to one of your courses to see if your target group is interested enough to take it on for them.

4. Digital Download Template

Digital download templates allows you to create a downloadable course following the time your audience, for instance, subscribes to your email list. This is an effective method to generate leads and earn money when you want to extend your reach.

5. Webinar Replay

A webinar recording template allows you to upload a recorded replay of your web-based seminar for your attendees to look over or catch up if they missed it.

6. Blank Template

If you wish to create an entirely custom-designed course you can use the option of a blank template so that you can start fresh. You may choose from a range of lessons, techniques, and tools to aid you in making the most of your detailed course.

7. Membership Resource Library

The template for members allows you to upload educational materials that are included as a bonus. 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 types of chapters – or lessons that you can choose from. The Course Builder offers mentors and instructors a wide range of lessons, each of which is adjustable for any topic, beginning with the chapter’s name to the files and information that are ready to input.

Video Lessons

Video lesson chapters are among the best and most efficient ways for students to learn. Thinkific supports the most diverse formats of video possible including MP4 FLV, MP4 as well as MOV files. After uploading and being integrated into the course plan the videos are then saved to the Video Library, where they can be reused in future courses.

Quiz Lessons

This allows you to include the quiz components by typing in the questions that students will see and then providing the solutions for them to choose from. The quiz chapter template is available in multiple choice which 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 content that are not available through Thinkific. You may incorporate tons of different streams, from webinar tools such as Zoom to the surveys and presentations, and even Google Docs files. There is also the option of integrating other third-party creators of courses including Articulate Storyline and Adobe Captivate However, that option is available in the Pro or Premiere pricing plans.

Text Lessons

The text-based lesson doesn’t only let you type in text characters. It also allows you to include images, audio downloads, files that can be downloaded, and even embedded hyperlinks that will take you to YouTube videos. What Percentage Does Thinkific Take

Survey Lessons

These specially-designed survey forms let your students chime in their comments, suggestions or other ideas into the analyzed data for you to see. You can add this chapter during or after the course. There are three options available for you to pick from, such as scale-based, rating-based, or surveys based on responses.

Downloadable Lessons

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

PDF Lessons

In addition to downloadable files, they may also be uploaded for your students to look over in the course. It is possible to incorporate PDF files, and then transform them into accessible lessons that students can access without having to download and take them to take them home.

Presentation Lessons

Thinkific offers in-house tools that let you show and upload your slide presentations – in PDF format – to your students within the course. You have the option to provide a download link for students to use in their free time, as well as the option of a voice-over feature to record each slide.

Audio Lessons

With Thinkific, you may put in videos presentation, PDF, and video documents among others. You can also add an audio-only chapter, by uploading MP3 files, like MP3, into any of your courses for your students to listen to.

Assignment Lessons

Chapters on assignment help teachers such as students submit student work including reports, projects as well as essays written by students and more. Take note that this chapter type is only available in certain plans starting from to the Professional plan.

Brillium Exam Lessons

Exam chapters allow you to pick from a greater variety of questions other than the usual multiple choice option, such as filling in the gaps. It is also possible to move on to more challenging questions by relying on answers from the previous ones, and also get robust reporting details. This is made possible by integrating with Brillium which is limited to the top-level plans beginning from the Premiere tier.

Live Lessons

An option for live lesson chapters was recently introduced to Course Builder. Since this is currently in beta mode, anticipate some limitations in terms of function. In addition, the live feature is an excellent way for instructors to relay knowledgeable information to their learners in real-time.

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Certificates and Credentials

Only available for only in the Pro plan and up You can issue completion certificates or other credentials to any of your students who completed your course using Thinkific. This is made possible with its integration with credential specialist Accredible. There is a chance that you’ll come across a template for your certificate that is Thinkific-themed that looks somewhat boring. This is where Accredible can help by combining features and editing capabilities from both platforms, you get the option of modifying how your certificates to appear visually starting from the borders up to the text.

Other useful features of the course builder

This Bulk Importer feature lets you upload as much files as you want to include in your course at once. As opposed to having to upload each one by one This allows you to plan and do other aspects. This is especially helpful for edupreneurs who are very busy.

The Drip Scheduler On the other hand, permits you to set up your classes at an exact time and date. This feature can be useful in keeping your student audiences engaged and well-balanced in storing data.

Payment, Selling, and Marketing

Marketing as well as selling the product or service to your desired market can be more difficult to comprehend in the absence of enough tools to get things going. Fortunately, plenty of LMS platforms, like Thinkific are equipped with the majority or all of the most essential features related to merchants ready for use.

Payment Options

If you intend to earn profits from online paid courses, it is possible to link your Thinkific account with one among the payment companies that are tightly integrated with the platform. Stripe and PayPal are typically required to process transactions of your learners. What Percentage Does Thinkific Take

We’re aware of the basics of what PayPal can be and exactly how it operates since it’s one of the most used payment methods in the world. But if you’re not up to speed, PayPal is where you purchase products through the transfer of a percentage 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 credit and debit card transactions for banks from different locations.

Student Pricing Options

The decision of how much you’ll sell your course content to your subscribers to learning is an essential step in marketing your product and sharing it across the globe. If it’s cost-free or needs multiple payments, Thinkific offers four pricing options you can establish for students who wish to use it for free, one-time payments and subscription, and monthly payment.

  • Free – This allows you to offer content to your students at no cost. If you’re a business owner this can be employed as a lead generator or a bonus feature to your paid-for services.
  • One-time payment – You pay students a single fee for the course material. As an option, you could also define an enrollment timeframe for the length of time they will be able to access your learning material.
  • Subscription/membership – If you’re in charge of a membership site, this option is the best one. Students are charged monthly fees for subscriptions to get full access to your content. Be aware that this feature is only offered in plans that start at the Pro level.
  • Payments for monthly recurring payments – The full cost of your course is broken down into monthly installments to be paid by the students, with no worries about a financial loss on their part. Like the subscription method is available only through the Pro plan onwards.

If you’d like to develop different pricing options for your classes, you can accomplish this by making use of the “Set Additional Pricing” option.

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Other Methods to Promote Your Content

Coupons

Coupons can be used to promote your course content as well as the bundles you purchase with it. They’re available to use in all of the Thinkific paid plans, although in the Basic plan you’re only entitled 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 discounts, the you’ll apply it to, and the expiration date.

Affiliate Marketing

Thinkific has a couple of features that allow you to invite those who have subscribed to any of your courses to become affiliates. They can be used as an additional source of support as they help promote your courses to potential student subscribers. Additionally, they could earn commissions simply by posting exclusive promo links to your courses online.

E-mail Marketing and Business Growth

There’s no other effective way to promote your products on the internet than e-mail marketing. Additionally, Thinkific allows integration with plenty of third-party tools that specialize in it, including major e-mail marketing platforms like MailChimp, AWeber, and ConvertKit. There are a variety of other marketing platforms you can choose from and connect to via Thinkific’s App Store, which we will discuss very shortly. It doesn’t stop there however, as Thinkific also allows you to gain your company and platform the boost they need through the online growth platform Sumo as well as the API Tool.

Integrations

Similar to other online course 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, all of which provide a more enhanced user experience for both student and instructor.

Thinkific App Store

The Thinkific App Store is a recent addition to a long list of features on the platform. All integrations with third-party solutions or services have been made available to be easily downloaded 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 done by going through the settings. This feature is available in all of Thinkific’s plans and every app available in the store is available for free, although some require a monthly subscription while others have services that are free.

Automation Services

If you’re an educator with an account for paid teaching it’s equally crucial that you have access to the tools built to automate all your tasks. You can also connect to a variety of third-party software platforms at the same time. One of the services that let you manage your tasks easily is Zapier. Zapier has two main functions that are helpful in managing your account as well as your courses. Triggers is part of Basic and Pro plans. Basic or Pro plans. Additionally it is able to perform simple tasks on your behalf, like adding people who registered for one of your courses to your mailing list.

The “Actions” feature, in contrast is packed with additional capabilities , but is only limited by the Pro + Growth and Premier plans. Apart from Zapier, there’s InfusionSoft, which lets you automatize your marketing and sales tasks. InfusionSoft is an automation tool that is well-known for small-sized businesses who may not have enough staff or team members to handle marketing-related matters. What Percentage Does Thinkific Take

Analytics

Having a bunch of analytical tools is an effective method to gain insight into how well your offerings are received, allowing you to continue or discontinue them, or even improve the quality of your services. Thinkific allows integration with third-party services that focus on collecting data. One such application is Mixpanel that comes with advanced tools that not only measure your views, but also examine student movement between classes.

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Segment.io is another popular platform that lets you send information in real time to other marketing and data analytics services like SalesForce, HubSpot, ZenDesk, and other services. When it comes to providing reliable and precise analytics, Google Analytics ranks number one across the web. Because it’s an essential component of selling online It is easily linked to your Thinkific account by typing in the tracking ID. Additionally, if you want to distribute your course’s content to social media sites, specifically on the most popular social platform Facebook it is possible to do so by integrating using Facebook Pixel.

Student Support and Achievement

Analytics, E-commerce, and automation aside, Thinkific can easily connect with a couple of apps specifically designed for student success. Accredible, as previously mentioned is used to issue completion certificates as well as manage credentials. However, it’s only available on plans called Pro as well as the Premier plan. Brillium can help you broaden the possibilities of your exams, and Disqus is a great platform for teacher-student interactions.

E-commerce Solutions

If a payment made through Stripe ever is in trouble, such as having your card declined, Stunning is there to save it from any possible issue with the transaction. Taxes are going to be essential when managing an online course for business. Thankfully some platforms can help you with that easily by offering tax-free services, like Quaderno.

Customer Support and Help Center

Thinkific provides a wide selection of customer support platforms that you can reach anytime whenever you need assistance. The hotline for customer support is available via either e-mail or by phone, and offers priority support for administrators who are registered to the Pro plan up to. However, contacting an expert is not possible in terms of time, since the hotline is only open on Mondays through Fridays. There’s no indication that live chat is available as well. What Percentage Does Thinkific Take

In spite of the absence of support options directly available, Thinkific has a help and training center, with resources that will assist entrepreneurs in starting and managing an admin account. Included is a free course that helps newbies create, promote, and market their services efficiently as they can.

Alternatives to Thinkific

  1. Teachable. If you’re interested in selling and sharing your online courses with a wider audience, Teachable has similar features like Thinkific as well as additional features like fast access via the mobile application, Teachable Payment and an integrated e-mail marketing tool. There are four plans available that start with the basic plan being just $10 more than Thinkific’s but they may charge you more transaction fees.
  2. Kajabi. Kajabi is the best LMS platform for any established business, offering the ability to customize options twice as extensive as the other options. In addition it comes with more advanced features that match the needs of large businesses. Apart from that, 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 decent but doable features for a similar cost to Thinkific. One thing people aren’t happy with yet about Podia is its lack of tools for customization and customer support options, but that’s reasonable considering that the majority of features are coming soon.
  4. Udemy. If you’re looking at an alternative LMS option that’s especially great for beginner instructors It’s worth a look into Udemy, which boasts itself as the biggest course marketplace with over 42,000 creators of content and 30 million learners. Although you’ll be able to benefit from the majority of Udemy’s fundamental functions, like unlimited courses that are completely free of charge, you can expect to pay much more transaction costs in the future. What Percentage Does Thinkific Take

What We Like About Thinkific

  • Exceptionally great pricing plans. Starting from the Basic plan at as low as $39 per month any of the 3 paid levels comes with a variety of useful options for various business needs.
  • Zero transaction fees. In contrast to LMS platforms that charge higher transaction fees, Thinkific lets you enjoy the entire range of services offered without worrying about the cost.
  • Flexible and efficient customizable options for customization. You can pick from a variety of themes, course templates and lesson formats, and customize every one of them to your liking.
  • A wider range of payment options for students. Not only are you able to make a one-time payments for your student customers, but you also get to choose the option of monthly membership or payments to encourage them to get the most value from what you offer.
  • Faster and accessible integrations with third-party platforms. The recent introduction to Thinkific App Store Thinkific App Store, integrations with third-party e-commerce analysis, automation or educational platforms haven’t been so easy.
  • Smooth user interface. The Thinkific web interface is quick in performance, from media playback to the course and site builders.

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What We Don’t Like About Thinkific

  • No live chat support. While telephone support is a welcomed service, Thinkific is quite lacking in providing live chat support that allows users to talk directly to an expert regarding matters that are related to the platform.
  • It is difficult to add code snippets into courses. If you’re an expert in programming and coding and would like to make use of Thinkfic to build your courses, it’d be best not to attempt this.
  • There aren’t many built-in integrations. Thinkific is not equipped with integrated marketing and sales funnel integrations. However, you can access the same solutions through third-party applications that provide these services.
  • The absence of tools to help with continuing education credits. Thinkific might offer various types of certificates and certifications at every end of the course, but it does not have enough functions to create one that allows for continuing to the next lesson. What Percentage Does Thinkific Take

Conclusion

If you’re eager to venture into the world of edupreneurs or take your business to greater heights, you should consider giving Thinkific the chance! The LMS Platform has taken significant measures to make it easier for those who want to explore creating courses using the top features other platforms don’t typically offer. The best part is that you don’t need to worry too much about transaction fee upon transaction fee that impedes your progress.

Coursemaking, in all its forms is an investment that could seriously impact your career prospects in the long run. What makes Thinkifc stand out from the rest is the Free plan that it offers. While limited as can be but it offers enough tools to give newcomers to explore the waters and determine if it’s the right choice for their needs. It’s also risk-free therefore if you’d like to test it out, you can do so by signing up for the Free plan, go to Thinkific’s official website!

FAQ What Percentage Does Thinkific Take

Does Thinkific have a free plan?

Yes, it does! Thinkific offers a beginner-friendly plan that includes access to its core features like customer support and the course editor, however it is limited to one free course. If you’d like the ability to make unlimited classes you may try out the three other plans, which cost a fee.

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

No! There are zero transaction fees that are associated with any of Thinkific’s services across all plans aside from those related to payment options. Also, Thinkific does not require a substantial amount of your income since Thinkific makes the majority of its income from paid plans.

Does Thinkific be integrated with Zoom?

Yes – Integration with the communication service Zoom has been made available on Thinkific from the middle of 2020. This is particularly useful in powering Live Lessons, which also is one of the LMS platform’s most current features. Be aware, however, that they are only available on the Pro plan and onwards.

Does Thinkific mobile-friendly?

Yes. Even though it does not have an official mobile app however, the Thinkific interface is easily converted to be more appropriate for mobile, phone-friendly viewing on mobile browsers like Safari and Opera, which includes many of the same features as the web version. What Percentage Does Thinkific Take

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