When Did Thinkific Go Public

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The Internet is a treasure trove of information. There are millions of platforms online that provide everything you could be interested about. And what better way to explore it than with online courses? Online courses are in vogue these days. In addition, as its popularity grows even further thanks to the recent outbreak of pandemics, this format has become increasingly valuable in providing students with the information they need. It’s also become more lucrative financially, because the market for paid-for courses is slowly gaining traction.

Today, we’ll do an overview of Thinkfic is a well-known brand when it comes to online classes. Let’s see the features it offers in terms of features and pricing to the integrations and interactions. We’ll inform you if this is worth trying. Should you be an educator or an influencer searching for 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’s Thinkific? When Did Thinkific Go Public

Thinkfic can be described as a well-known LMS (learning management system) platform that focuses on providing a user-friendly and fruitful education-based environment for both the learner and instructor. It’s a solid choice among business owners and entrepreneurs who specialize in selling online classes. With Thinkific, you get to develop courses using a variety of formats, templates and lesson styles to pick from. You can incorporate videos and images into your lessons and let students upload their assignments whenever you like, design fun and interactive quizzes and even give certificates to be awarded to those who make the grade through the entire curriculum.

Making your online courses available for sale is now easy. Thinkific lets aspiring edupreneurs like you to manage how they are accessed – you may place your courses online free of charge or set up subscription fees so you can earn from giving your students valuable information. Marketing and sharing tools are also accessible since they can be integrated with a variety of third-party applications, from marketing to automation and even online shopping. Thinkific is currently utilized by over 36,000 edupreneurs and corporations, which includes big names like Hootsuite, Samsung, Intuit, and other companies!

Thinkific: The Pricing

Thinkific has four pricing plans that start with the Free plan, which is ideal for those just beginning to learn about. The Basic plan at $39/month (if paid annually) is a big jump from the Free plan and comes with more features, and Premiere comes with features and tools from all previous levels at $399/month.

The Pro plan for $79/month includes all the essential features that entrepreneurs need In addition, there is an Growth add-on to provide a better teaching experience at only $50 per month, on the top of the Pro level. A free SSL certificate is included in all four plans to ensure added security between teachers and students. A 30-day money-back guarantee is also included along with the paid plans – if you aren’t satisfied you’ll receive your money back in 100 percent!

Thinkific Site Builder

The Site Builder from Thinkific is a page editor that allows you to create a stunning, professional-looking collection of pages for your course website. With this feature, you are able the option of choosing from one of the three themes in the in-house library or export ones from third-party providers. While you’re not allowed to have complete control of editing your website, you have plenty of customizable options to play around with. Apart from making use of templates for pages, you can incorporate your personal branding elements, such as designs and logos, images, and other media types to your website. You could even personalize the URL to match your own! When Did Thinkific Go Public

Who needs a website domain when Thinkific lets you create yours for free? In addition, you’ll be given a platform to create a platform that you call your own. Additionally, you’ll have more time to concentrate on launching and making profits from your course content. With the Site Builder, you’ll can choose with a variety of page options for your site including:

  • The homepage;
  • The landing page where everything is redirected to your courses;
  • The course page where students get to pick from any of your courses;
  • The check-out and sales pages where transactions are processed;
  • The sign-in page that allows your subscriber students to log in.
  • The thank you page; and
  • Other pages, such as
    • The student dashboard for students’ information,
    • The coming soon page for future updates to the course, as well as
    • The student certificate page.

When Did Thinkific Go Public

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In addition, you can configure what the course site will look like other than the typical desktop-style screen. The mobile version of the site that lets your students see the site and use your website using their phones, however, it’s important to remember that this option is available to administrators that subscribe to the most expensive plans.

Students Management, Interactions and Student Engagement

Thinkific’s unique system helps edupreneurs such as you maintain a strong relationship with students who are experimenting with the products you offer. Its data collection even allows you to get full access to your students’ primary contact information after they’ve registered in the system. Alongside the simple data management features, Thinkific also comes with the Groups feature which allows you to boost revenues and efficiently evaluate the success of your classes by dividing your students into groups according to group, company, time, enrollment, and job type.

Everything else apart, Thinkific also makes it easy for you to manage interactions between students and teachers without the hassle of going to social media platforms like Facebook as well as Discord. Its built-in Discussion feature lets you discuss the specifics of any of your courses and the Communities and Spaces functions provide a platform to create dedicated community forums of different topics and interests.

Notifications

Notifications are an excellent way for you and your customers to be informed every time something course-related comes up. You may configure the way your students receive notifications through your administrator settings. You can choose to notify your students information about their progress on the particular course at a time whenever they finish it, or every time a fellow student comments under a discussion post, among other things. When Did Thinkific Go Public

Online Courses, Lessons, and Credentials

Creating courses has been made as simple as ever, as Thinkific’s specially formulated online course editor supplies edupreneurs with a wide selection of templates and lessons on top of the flexibility of customization options we previously mentioned. They also offer credential and certificate tools to be presented to those who successfully completed any of your courses.

Course Templates

Thinkific has a wide array of templates for courses that you can utilize without worrying about creating from scratch up. Each of these can be customized and you can make one based on the curriculum you want to provide.

1. Flagship Course Template

The most popular course is an online course that concentrates on the instructor’s area of knowledge. It allows you to create an enhanced curriculum that is based on whatever you specialize in. If you are an expert in, say, content creation You can create a flagship course packed with detailed information about the subject.

2. Mini-Course Template

Mini-courses are short, low-cost versions of the main course. Imagine it as a teaser, if you would. The mini-course template is designed to draw students’ attention and to generate leads for your full-fledged classes.

3. Pre-Sell Template

The pre-sell template is an excellent method to determine how well you’re getting your message noticed before it’s finalized. You can create a landing page linked to one of your courses to determine if your intended group is interested enough to try it out for them.

4. Digital Download Template

Digital download templates lets you develop a course that can be downloaded after your audience, say opts in to your email list. This is one effective way to generate leads and earn money if you wish to expand your reach.

5. Webinar Replay

The webinar replay template lets the upload of a recorded replay of your web seminar for your attendees to look over or catch up on if the audience missed your presentation.

6. Blank Template

If you wish to create an entirely custom-designed course There is a blank template option where you can start fresh. You can select from a range of lesson types, tips and tools to assist you in the process of making your detail-rich course.

7. Membership Resource Library

The template for members allows you to upload useful learning material that is included as an extra. This handy feature is accessible if you run a membership/course bundle.

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Types of Lessons

There are 12 types of chapters – or lessons that you can choose from. The Course Builder provides mentors and instructors a wide selection of lessons, all that can be adapted to each topic that is possible, starting from the chapter’s title all the way to the information and files that are ready to input.

Video Lessons

Video lesson chapters are among the best and most effective ways for students to gain knowledge. Thinkific supports the most diverse formats of video possible including MP4, FLV, and even MOV files. Once uploaded and incorporated into the course’s plan, the videos are automatically stored in the Video Library, where they are able to be used in subsequent courses.

Quiz Lessons

It allows you to add quiz elements by typing in the questions that the students will see and providing the answers to select from. It is entirely in multiple choice format which allows you the option of choosing to have one or multiple correct answers.

Multimedia Lessons

Multimedia chapters allow you to link out to different streams of content that are not available through Thinkific. It is possible to integrate a variety of these, from webinar tools like Zoom to the surveys and presentations, and even Google Docs files. There is also the option to integrate with other third-party course creators like Articulate Storyline and Adobe Captivate, but that is only restricted to both the Pro or Premiere pricing plans.

Text Lessons

The template for the text-based lesson doesn’t only allow you to type in text characters. It also lets you include audio, images downloads, files that can be downloaded, and even embedded links that will take you to YouTube videos. When Did Thinkific Go Public

Survey Lessons

The specially designed survey forms from Thinkific 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. Three options are for you to choose from like rating-based, scale-based, or answer-based surveys.

Downloadable Lessons

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

PDF Lessons

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

Presentation Lessons

Thinkific uses in-house tools to allow you to upload and display your slide slides – in PDF form – to your students within the course. It is possible to include an download link for your students to download during their own free time, and a voice-over function that you can record for each slide.

Audio Lessons

With Thinkific, you may put in videos presentation, PDF, and video documents among others. You can also choose to add the audio chapters by uploading files, like MP3, into any of your classes for your students to listen to.

Assignment Lessons

Assignment lesson chapters let teachers like you collect student submissions such as projects, reports as well as essays written by students and more. Be aware that this type of chapter is only available in select plans starting from the Pro plan.

Brillium Exam Lessons

Exam chapters let you select from a wider selection of types of questions than the usual multiple choice method, like filling with blanks. It is also possible to move on to more challenging questions based on the answers from prior ones, and receive detailed information on your report. All of this is only possible through integration with Brillium, which is limited to the top-level plans beginning at the Premiere tier.

Live Lessons

Live lesson chapters has recently been included in the course builder. Since this is currently in beta, you can expect it to have certain limitations in terms of function. In addition, the live feature is a great method for instructors to communicate relevant information to their students in real-time.

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Certificates and Credentials

Available only in The Pro plan and above, you may issue completion certificates or other credentials to any of your students who made it through your course on Thinkific. This is made much more possible with its integration with credential expert Accredible. There is a chance that you’ll encounter a Thinkific-themed template for certificates, which can look a bit too drab. This is where Accredible comes in With a mix of features and editing capabilities from both platforms, you are able 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

Its Bulk Importer feature lets you upload as much files you would like to upload to your course at once. Unlike having to upload one by one it gives you more time to work on other things and is especially beneficial for entrepreneurs who are extremely busy.

The Drip Scheduler On contrary, permits you to schedule your course lessons at the exact date and time. This feature is handy to keep your students engaged and well-balanced in storing data.

Payment, Selling, and Marketing

The idea of marketing in selling products to your market can be more difficult to comprehend when you don’t have enough tools to get things up and running. Fortunately, many LMS platforms, like Thinkific are equipped with the majority or all of the necessary features for merchants ready for use.

Payment Options

If you plan on making profits from online paid courses, you might want to connect your Thinkific account to any or both of these payment providers that are tightly connected to the platform. Stripe along with PayPal are often required to process payments from your learning subscribers. When Did Thinkific Go Public

We’re aware of the basics of what PayPal is and how it functions, as it’s one of the most used payment methods in the world. But if you’re not sure, PayPal is where you pay for goods through the transfer of a percentage of your balance money to the merchant you’re buying from.

Stripe On the other hand, processes cashless transactions from many other e-wallet companies across the globe that function similar to PayPal. In addition, it handles debit and credit card transactions for banks from different locations.

Pricing Options for Students

Setting up how much you’ll sell your course materials to your learners is a crucial step to marketing and sharing your content across the globe. Whether it is free or requires multiple payment, Thinkific offers four pricing options you can establish for students who wish to use it such as free, one-time payment as well as membership or subscription and a monthly installment.

  • Free – This allows you to provide your students with content free of charge. If you’re running a business, it can be best utilized as a lead-generation tool or bonus add-on to your paid-for services.
  • One-time payment – You pay students a one-time fee for the course material. As an option, you could also define 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 fees to have access to all your content. Take note that this is only offered in plans beginning with the Pro level.
  • Monthly payment : The entire cost of your course is broken down into monthly installments that are paid by students, with no worries about a financial loss on their own. This option, like the subscription model, is only accessible through the Pro plan onwards.

If you want to design multiple pricing scenarios for your courses, you may do so using the “Set additional pricing” option.

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Other Ways to Promote Your Content

Coupons

Coupons can be used to promote your course content and the bundles that come with it. They’re available to use for all of Thinkific’s paid plans, however at the basic tier, you’re entitled to only one free coupon. You may customize your coupons to match appropriately with how many services you’re able to provide – you can modify the discount percentage, which course it will be applied to, and the expiration date.

Affiliate Marketing

Thinkific has a couple of options that let you enlist those who have been subscribed to one of your courses to become affiliates. They serve as additional support as they help promote your course to potential student subscribers. Additionally, they could earn commissions simply by providing unique promo links to your online courses.

E-mail Marketing for Business Growth and Marketing

There’s no more effective method to promote your products on the internet other than through e-mail marketing. It’s also a good idea to know that Thinkific allows you to integrate with many third-party applications which specialize in this and include 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 and we’ll go over them in the near future. This isn’t all however, as Thinkific also allows you to give your platform and business a much-needed boost through the online growth platform Sumo along with the API tools.

Integrations

Just like the other online course platforms , and basically, any other platform on the internet, Thinkific allows for seamless integration with a wide range of third-party tools and services which all offer a better 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 able to be easily access and used through the rich app library. This is a major improvement in the way integrations are managed back then when they had to be handled by going through the settings. This feature is available for all plans offered by Thinkific, and every app in the store is available for free However, some require a monthly subscription, while others offer services that are totally free of charge.

Automation Services

If you’re an edupreneur running an account for paid teaching it’s equally crucial that you have access to the tools built to automate all your tasks. And connect to tons more third-party software platforms at the same at the same time. One such tool that lets you easily automate tasks is Zapier. Zapier comes with two major features that are useful in managing your account and course. The feature ‘Triggers’ is included in the Basic as well as Pro plans. Additionally, it can do simple tasks on your behalf, for example, adding those who signed up to take one of your classes to your mailing list.

The “Actions” feature on the other hand, is jam-packed with more capabilities that it can offer but it’s only available by the Pro + Growth and Premier plans. Alongside Zapier, there is also InfusionSoft that lets you automatize your sales and marketing duties. InfusionSoft is a well-known automation tool for small companies that might not have enough employees as well as team members take care of marketing-related matters. When Did Thinkific Go Public

Analytics

The use of a variety of analytics tools is a sound method to gain insight into how well your services are received, allowing you to either continue, discontinue, or improve them. Thinkific lets you integrate with third-party tools that focus on gathering data. One such application is Mixpanel, which contains advanced tools that not only measure your opinions, but analyse student activity between your classes.

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Segment.io is another highly sought-after platform that allows you to send the data instantly to marketing and data analytics services like SalesForce, HubSpot, ZenDesk and more. When it comes to offering reliable and precise analyses, Google Analytics ranks number one across the web. Since it is an integral part of selling online, it can easily be integrated with Your Thinkific account by entering the Tracking ID. If you’d like to share your online course content further through social media, particularly on the most widely used social media platform Facebook it is possible to do so by integrating using Facebook Pixel.

Student Assistance and Success

Analytics, e-commerce as well as automation aside, Thinkific can easily connect with several apps designed to help students succeed. Accredible, as previously mentioned, is used to award completion certificates and manage credentials, but it is only available with the Pro or Premier packages. Brillium lets you expand the possibilities of your exams, and Disqus provides a platform for teacher-student interactions.

E-commerce Solutions

If a payment powered by Stripe 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 inevitable when it comes to running an online course business. Some platforms will help you with that easily like Quaderno.

Customer Service and Support Center

Thinkific offers a broad variety of customer service platforms that you can approach anytime you require assistance. The hotline for customer support is available via telephone or e-mail, with priority support for admin users who are on the Pro plan or higher. However, getting in touch with an expert is not possible in a sense, as the hotline is only open on Mondays through Fridays. There’s no mention that live chat is available either. When Did Thinkific Go Public

In spite of the absence of direct support options, Thinkific has a help and training center that contains information that will assist entrepreneurs in the process of establishing and managing an admin account. It also offers a free course which teaches novices how to design, promote and market their services as effectively as possible.

Alternatives to Thinkific

  1. Teachable. If you’re interested in selling and distributing your paid online courses to a wider audience, Teachable has similar features like Thinkific as well as additional features including fast access via the mobile app, Teachable Payment, and an integrated e-mail marketing tool. It has four plans, with the basic plan being just $10 more than Thinkific’s but they might charge more transaction fees.
  2. Kajabi. Kajabi is a better LMS platform for anyone who has a solid background in entrepreneurship, with customization options twice as wide than other platforms. Additionally it has more sophisticated features that can meet big business needs. Apart from that, Kajabi is also among the most expensive sites, with prices starting from $119 per month and no free service.
  3. Podia. Podia is the latest addition to the line-up of online course platforms with decent but doable features at a similarly affordable cost to Thinkific. What some do not like to date with Podia is the absence of customization tools and customer support options, but that’s understandable since most of them may be available soon.
  4. Udemy. If you’re considering another LMS choice that is particularly suitable for instructors who are just beginning their careers, you may want to check out Udemy that is billed as the largest course marketplace with over 42,000 content creators and 30 million learners. Although you can enjoy most of the fundamental functions, like unlimited courses for free of charge, you can expect to pay much more transaction fees on the way. When Did Thinkific Go Public

What We like about Thinkific

  • Amazingly great pricing plans. Starting from the Basic plan at as low as $39 per month each of the three tiers has tons of handy functions for a variety of entrepreneurial needs.
  • Zero transaction fees. Unlike some LMS platforms, which charge more transaction costs, Thinkific lets you enjoy all its features without the need to worry about the expense.
  • Flexible and easy customization options. You can choose from a vast array 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 do you have the option to make a one-time payments to your student audience, but you also get to choose regular payments or membership fees to motivate them to make the most of what you offer.
  • Faster and accessible integrations with third-party platforms. With the launch of the Thinkific App Store, integrations with third-party e-commerce analysis, automation as well as educational websites haven’t been so easy.
  • Smooth user interface. Thinkific’s web interface is swift in performance, from the media playback , to the course and website builders.

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What we don’t like about Thinkific

  • No live chat support. While the phone support option is a welcome feature, Thinkific is quite lacking in terms of offering live chat support that allows users to talk directly with an expert about issues that are related to the platform.
  • The difficulty of adding code-related snippets to courses. If you’re an expert in programming and coding and wish to make use of Thinkfic to build your courses, it’d be better not try this out.
  • There aren’t many built-in integrations. Thinkific does not have integrated marketing and sales funnel integrations, although you can access the same services from third-party apps that provide them.
  • The absence of tools to help with the continuing education credit. Thinkific might offer various types of credentials and certificates awarded at each end of the course however it does not provide enough functionality to make one that allows for continuing to future lessons. When Did Thinkific Go Public

Conclusion

If you’re looking to step in the world of entrepreneurs, or to expand your reach to greater heights it’s time to try giving Thinkific the chance! The LMS platform has taken big steps to cater to those who want to explore creating courses using the top features that other platforms do not typically offer. What’s even more awesome is that you won’t have to worry about transaction fee upon transaction fee obstructing your way.

Coursemaking, in all its forms is an investment that could seriously impact your career over the long term. What makes Thinkifc stand out from the rest is its Free plan offering. While limited as can be however, it comes with enough features to give beginners to test the waters and see whether it’s a good choice for their needs. It’s also risk-free so if you want to test this plan, you can do so by signing up for the Free plan, visit the official website of Thinkific!

FAQ When Did Thinkific Go Public

Does Thinkific have a free plan?

Yes, it does! Thinkific has a beginner-friendly Free plan which includes 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 the ability to make unlimited classes you can test the three other plans, all of which cost a fee.

Does Thinkific charge transaction fees? Does it also charge a percentage of my earnings?

No! There are no transaction fees involved with all of Thinkific’s plans apart from the ones associated with payment options. Additionally, it does not require a substantial cut from your earnings since Thinkific makes most of its revenue from paid plans.

Can Thinkific integrate with Zoom?

Yes , integration with the communications service Zoom is now available on Thinkific as of the middle of 2020. This is particularly useful in powering Live Lessons, which also happens to be the LMS platform’s most current features. Note however that they are only available to those who subscribe to 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 be easily modified to make it more suitable for portable, phone-friendly viewing on mobile browsers such as Safari with many of the same features as it is available on the internet version. When Did Thinkific Go Public

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