Why Is Knowledge Better Than Money

thinkific-review

The Internet is full of information. There are many platforms on the internet that offer all the things you might be interested about. And what better way to get it done than through online courses? Online courses are everywhere these times. With its popularity growing more due to the recent pandemic lockdown the format has grown increasingly valuable for providing users with the necessary information. It’s also becoming more lucrative financially, because the market for paid courses is gradually gaining momentum.

Today, we’ll do a review on Thinkfic, a popular name for online courses. Let’s see the features it offers in terms of features and pricing to the integrations and interactions. We’ll let you know if it is worth a try or not. Should you be an educator, or an influencer searching for new ways to share your content, read on!

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For those of you who prefer a more visual experience, here is a video review from SoftwarePundit’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Thinkific.

Overview: What’s Thinkific? Why Is Knowledge Better Than Money

Thinkfic can be described as a well-known LMS (learning management system) platform that is focused on providing a user-friendly and effective learning environment for the learner and the instructor. It’s a solid choice among entrepreneurs and businesses that specialize in selling online classes. With Thinkific, you get to make courses that include a wide variety of templates, formats, and lesson types to choose from. You may incorporate videos and images into your classes and let students upload their assignments whenever you wish, make fun and interactive quizzes, and even give certificates to be awarded to those who make the grade through the entire curriculum.

Putting your online classes up to sell has become simple. Thinkific lets aspiring edupreneurs like you to manage how they are accessed – you may offer your classes for free or even set up subscriptions to earn money from teaching your students with valuable knowledge. Tools for sharing and marketing are also within your reach because they are compatible with a wide range of third-party services that range from automation to marketing and even to e-commerce. Thinkific is used by more than 36,000 edupreneurs as well as corporations, which includes big names like Hootsuite, Samsung, Intuit and many more!

Thinkific: The Pricing

Thinkific has four pricing plans, starting with the free tier, which is perfect for those who are just starting. The Basic plan at $39/month (if paid annually) is a significant leap from the Free plan with added features. Premiere is packed with features and tools from all previous plans at $399 per month.

The Pro plan for $79/month has all the necessary features that entrepreneurs need; in addition, there is an additional Growth package to provide a better teaching experience at only $50 per month on the top of the Pro level. Free SSL certificate is offered in all plans to ensure added protection between teachers and students. A 30-day guarantee on refunds is also included along with the paid plans – if you aren’t satisfied, you may receive your money back in 100%!

Thinkific Site Builder

The Site Builder from Thinkific is a web editor that allows you to build a beautiful professional looking page for your site of course. With this feature, you are able the option to choose between any of the three themes in the in-house library or export them from third-party providers. Although you don’t edit your site in total control your site, you have a variety of options to customize your site to experiment with. Alongside using templates for your pages, you can also incorporate your unique branding elements, such as logo and design assets, images, and other media types to your site. You may even customize it down to your URL! Why Is Knowledge Better Than Money

What’s the need for a domain name when Thinkific allows you to create one for free? You’re not only provided with a platform to build a platform which you can use to create your own. You’re also given more time to focus on launching and making profits from the content you create for your courses. With the Site Builder, you’ll can choose with a variety of page options for your site like:

  • The homepage;
  • The landing page that redirects you to your courses;
  • The page on courses that allows students to choose from your available courses;
  • The check-out and sales pages where transactions are processed;
  • The sign-in page is for students who are subscribers to sign in.
  • The thank you page and
  • Other pages, such as
    • The student dashboard for student information,
    • The Coming Soon page will provide future course updates, as well as
    • The student certificate page.

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In addition, you can set up what the site will look like other than the usual desktop screen. You can also choose a mobile-friendly option that allows your students to access and interact with your services through their smartphones, but it’s important to note that this option is restricted to administrators who subscribe to the most expensive plans.

The Student’s Management and Interactions

The unique system of Thinkific lets educators like you manage a strong connection with students who are experimenting with any of your products. The system’s data collection feature allows you to get full access to your students’ primary contact information when they’re connected to the system. Apart from the convenient data management, Thinkific also has an option for groups that lets you to increase revenues and efficiently monitor the effectiveness of your courses by dividing your students into groups based on cohort, company or time, enrollment and the type of job.

The management aspect aside, Thinkific can make it easy for you to manage teacher-student interactions without the added hassle of going to social media platforms like Facebook and Discord. The built-in Discussion feature lets you discuss the information from your classes and the Communities and Spaces functions provide the opportunity to build communities that are specifically designed for different themes and topics.

Notifications

Notifications are an excellent option for both you and your subscribers to be informed each time something related to your course occurs. You can set the way your students be notified in your admin settings. You can choose to notify them about their progress on the course they have chosen, when they complete it, and each time a student makes a comment on the discussion section, among other things. Why Is Knowledge Better Than Money

online courses, lessons, and Credentials

Creating courses has been made easier than ever before, because Thinkific’s online course editor can provide educators with a wide selection of lesson plans and templates along with the flexible customization possibilities we’ve mentioned earlier. They also offer credentialing and certificate tools that can be given to students who have completed any of your courses.

Course Templates

Thinkific offers a variety of templates for courses that you can choose from without worrying about building from the ground from scratch. Each one of them can be customized and you can design one that is based on the course you want to provide.

1. Flagship Course Template

The flagship course is a major online course that is focused on the instructor’s chosen field of knowledge. It allows you to create an enriching curriculum that is based on the area you are an expert in. If you are an expert in the creation of content, you may develop a course that is packed with detailed information about the subject.

2. Mini-Course Template

Mini-courses are shorter, inexpensive versions of the main course. Think of it as an introduction, if you will. The mini-course template is designed to draw in students and create leads for your full-fledged courses.

3. Pre-Sell Template

The pre-sell template is an excellent way to see how your course is received prior to it’s published. You can create the landing page for one of your courses to determine if your intended audience likes it enough to test it for them.

4. Digital Download Template

The digital download template allows you to create a downloadable course when your audience, for example opts in to the mailing lists you have created. This is an effective method to generate leads and earn money in the event that you would like to expand your reach further.

5. Webinar Replay

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

6. Blank Template

If you’d like to create your own course completely customized There is an option to create a blank template where you can start from scratch. You can choose from a range of lesson styles, tips, and tools to assist you in the process of creating a detailed course.

7. Membership Resource Library

The template for members allows you to upload useful learning materials , which are offered as an added bonus. This useful feature is available if you run a membership/course bundle.

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Types of Lessons

There are 12 different types of chapters – or lessons – for you to choose from. The Course Builder provides instructors and mentors a broad 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 data and files that are that are ready to input.

Video Lessons

Video lesson chapters are an effective ways for students to master. Thinkific supports all video formats possible including MP4 FLV, MP4 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 can be reused in subsequent courses.

Quiz Lessons

This lets you add in questions by entering the questions students will be able to see, and then providing the solutions for them to select from. This template for quiz chapters is entirely in multiple choice format which allows you to choose whether you want to provide one or more correct answers.

Multimedia Lessons

Multimedia chapters allow you to link out to various streams of information beyond Thinkific. You can incorporate a lot of these, from the tools for webinars like Zoom to surveys, presentations, and even Google Docs files. Additionally, you have the option to integrate with other third-party creators of courses including Articulate Storyline and Adobe Captivate however, this is only limited in the Pro or Premiere pricing plans.

Text Lessons

The template for the text-based chapter does not just allow you to type text characters. It also lets you include images, audio downloads, files that can be downloaded, and even embedded hyperlinks for YouTube videos. Why Is Knowledge Better Than Money

Survey Lessons

Thinkific’s specially built-in survey forms permit your students to fill in their comments, suggestions or any other information into an analysis of data for you to view. You can add this chapter during or after the course. You have three choices for you to pick from, such as scale-based, rating-based or surveys based on responses.

Downloadable Lessons

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

PDF Lessons

Alongside downloadable files they are also able to be uploaded to your students to view within the course. You can also add PDF files and turn them into accessible lessons for students to access without downloading and then take them to take them home.

Presentation Lessons

Thinkific has in-house tools that let you show and upload your slide presentations in PDF form to students within the course. There is the option to add an download link for your 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 can include videos, presentations, and PDF documents, among others. You can also choose to add an audio-only chapter, by uploading MP3 files like MP3, to any of your courses for your students to listen to.

Assignment Lessons

Assignment lesson chapters let 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 that start with the Pro plan.

Brillium Exam Lessons

Exam chapters allow you to pick from a greater variety of questions other than the standard multiple choice method, like filling with gaps. You can also move on to more challenging questions by relying on answers from prior ones, and receive robust reporting details. All of this is only possible through integration with Brillium, which is limited to the top-level plans beginning with the Premiere level.

Live Lessons

A live-laughter option for chapters has recently been included in the course builder. Since this is currently in beta, we can expect it to have a few limits in terms of performance. That aside, the live feature can be a fantastic 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 up, you may issue completion certificates or other credentials to your students who have completed your course on Thinkific. This is made much more feasible by the integration of credential specialist Accredible. There is a chance that you will encounter a Thinkific-themed template for certificates that may appear a bit too drab. This is where Accredible can help by combining tools and editing capabilities on both platforms, you are able to customize how you want your certificates to look design-wise starting from the borders up to the text.

Other Useful Course Builder Features

This Bulk Importer feature lets you add as many documents as you would like to upload to your course in one go. As opposed to having to upload each individually, this gives you more time to plan and do other things and is especially useful for educators who have a lot of work to do.

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

Payment, Selling, and Marketing

The idea of marketing in selling products to your target audience can be much more challenging to take in the absence of the right tools to get going. Fortunately, plenty of LMS platforms, such as Thinkific, have most of, if not all of the necessary features for merchants ready for use.

Payment Options

If you intend to earn money from paid online courses, it is possible to connect your Thinkific account with one among the payment companies which have been tightly integrated into the platform. Stripe along with PayPal are typically required to process payments from your learners. Why Is Knowledge Better Than Money

We’re aware of what PayPal can be and exactly how it operates since it’s one of the most popular payment methods around the world. If you’re not up to speed, PayPal is where you pay for products by sending in a part of your balance to the merchant you’re buying from.

Stripe, on its own, process cashless transactions from many other e-wallet providers around the world that work like PayPal. In addition, it handles debit and credit card transactions for banks across different regions.

Student Pricing Options

Setting up how much you’ll be able to offer your course content to your learning subscribers is an essential step in marketing and sharing your products with the world. Whether it is cost-free or needs multiple payment, Thinkific offers four pricing options you can establish for students who wish to use it for free, one-time payments and subscription, and a monthly installment.

  • Free – This allows you to give your students content for free. If you’re a business owner this could be utilized as a lead-generation tool or bonus add-on to your paid services.
  • One-time payment – You pay students a one-time fee for your course content. You may also set up an enrollment period for the length of time they will be 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 fees for subscriptions to get access to all of your content. Take note that this is only available for plans beginning with the Pro level.
  • Payments for monthly recurring payments – The full cost of your course is split into monthly installments, to be paid by the students, preferably without having to anxiety about a financial loss for them. Like the subscription option is only available from the Pro plan onwards.

If you’d like to develop multiple pricing scenarios for the courses you offer, then you are able to accomplish this using the “Set Additional Pricing” option.

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Other Strategies to Market Your Content

Coupons

Coupons are used to promote your course content and the bundles that accompany it. They’re accessible to users for all of Thinkific’s paid plans, although at the basic tier, you’re only entitled to one coupon free. You can customize your coupons to match appropriately with how many services you’re able to provide – you can modify the discount percentage, the you’ll apply it to, and the expiry date.

Affiliate Marketing

Thinkific offers a few features that allow you to recruit students who have subscribed to one of your courses as affiliates. They serve as additional assistance in promoting your course to prospective students. In addition, they can earn commissions by providing unique promotional hyperlinks to your online courses.

E-mail Marketing Marketing and Business Growth

There’s no more effective method to market your product online than e-mail marketing. Additionally, Thinkific lets you 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 platforms you can choose from and connect to on Thinkific’s App Store and we’ll go over them very shortly. The list doesn’t end there either, since Thinkific can also allow you to give your company and platform an important boost through the online growth platform Sumo and the API tool.

Integrations

Similar to other online course platforms , and, essentially, any other platform on the internet, Thinkific allows for seamless integration with a wide range of third-party tools and services which all provide a more enhanced user experience for both the student and instructor.

Thinkific App Store

The Thinkific App Store is a recent addition to a long list of features on the platform. Integrations with third party solutions or services have been made accessible to be easily accessed and utilized through the extensive app library. This is a major improvement in the way that integrations are managed earlier when integrations had to be handled via the settings. This feature is accessible across all plans of Thinkific and each app on the store is free to use, although certain apps require a monthly subscription while others have services that are free.

Automation Services

If you’re an educator with an account for paid teaching is equally important to get access to tools designed to automate your tasks. You can also connect to tons more third-party software platforms at the same simultaneously. One such tool that lets you manage your tasks easily is Zapier. Zapier comes with two major features that are useful in managing your account and courses. The ‘Triggers’ feature is included in the Basic or Pro plans. Additionally it will perform basic tasks for you, such as adding anyone who registered for your course to your mailing list.

The “Actions” feature in contrast, is jam-packed with more features that it has to offer however it is limited by the Pro + Growth and Premier plans. In addition to Zapier, there’s InfusionSoft which allows you to automatize all of your marketing and sales functions. InfusionSoft is a well-known automation tool for small businesses that may not have enough staff as well as team members handle marketing-related tasks. Why Is Knowledge Better Than Money

Analytics

Having a bunch of analytical tools is an effective way of gaining insights into how well your offerings are received, allowing you to either continue either discontinuing, re-inventing, or enhance the quality of your services. Thinkific lets you integrate with third-party tools that focus on collecting data. One such application is Mixpanel that comes with advanced tools that do more than just count your performance, but examine student movement between your courses.

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Segment.io is another popular platform that allows you to send the data instantly to marketing and data analytics services like SalesForce, HubSpot, ZenDesk and many other services. In terms of providing accurate and data-driven analysis, Google Analytics ranks number one across the web. As it’s an essential part of selling online it is easily integrated with Your Thinkific account by entering the Tracking ID. In addition, if you wish to spread your course’s content into social media, especially on the most used social platform Facebook it is possible to accomplish this by integrating via Facebook Pixel.

Student Assistance and Success

Analytics, e-commerce in addition to automation, Thinkific can easily connect to a variety of applications specifically designed for student success. Accredible, as previously mentioned is used to award completion certificates and manage credentials. However, it’s only available in plans called 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 Stripe-powered payment ever gets into trouble, for example, getting your card declined, Stunning is there to help you out of any transactional failure. Taxes are going to be inevitable when managing an online course for business. Some platforms will help you out with this by offering tax-free services, like Quaderno.

Customer Service and Support Center

Thinkific offers a decent selection of customer support platforms you can contact anytime whenever you need assistance. Its customer support hotline is available via either e-mail or by phone, and offers priority support for admin users who are on the Pro plan upwards. However, contacting an expert isn’t possible in a sense, as it’s only available between Monday and Friday. There is no sign that live chat is available, either. Why Is Knowledge Better Than Money

In spite of the absence of support options directly available, Thinkific has a help and training center, with resources designed to enrich the edupreneurs in starting and managing admin accounts. Included is 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 sharing your paid online courses with a larger public, Teachable has similar features like Thinkific and more, such as fast access through the mobile application, Teachable Payment and an integrated marketing tool for e-mails. There are four plans available starting including the most basic one, which costs just $10 more than Thinkific’s however, they could charge higher transaction costs.
  2. Kajabi. Kajabi is a better LMS platform for anyone who has a solid background in entrepreneurship, with customization options twice as wide as other competitors. On top of that it has more sophisticated features that meet big business needs. That aside, Kajabi is also among the most expensive sites and prices start at $119/month and no available free option.
  3. Podia. Podia is the most recent addition to the line-up of online course platforms, with decent but doable features that are priced at the same cost as Thinkific. One thing people aren’t happy with so far about Podia is its lack of customization tools and customer assistance options, but this is normal since the majority of these features may be available soon.
  4. Udemy. If you’re thinking about an alternative LMS option that’s particularly beneficial for instructors with no experience, you may want to check out Udemy, which boasts itself as the biggest course marketplace with over 42,000 creators of content and over 30 million users. Although you’ll be able to enjoy most of the essential functions, including unlimited courses for free of charge, you can expect to pay much more transaction fees in the near future. Why Is Knowledge Better Than Money

What We Like About Thinkific

  • Exceptionally great pricing plans. Starting from the Basic plan as low as $39 a month, each of the three tiers has tons of handy functions for a variety of business needs.
  • Zero transaction fees. Contrary to other LMS platforms that charge higher fees for transactions, Thinkific lets you enjoy all its features without worrying about it.
  • Flexible and efficient flexible and convenient customization options. You have the power to choose from a vast array of themes, course templates, and lesson types, and then customize each one of them to the fullest extent possible.
  • An increased variety of payment options for students. Not only are you able to provide a one-time payment for your student audiences and students, but you can also allow them the option of monthly payments or membership fees to encourage them to maximize the value of what you offer.
  • Faster and accessible integrations with third-party platforms. With the addition to the Thinkific App Store integrations with third-party e-commerce automation, analysis, and educational web platforms have never been so simple.
  • Smooth user interface. Thinkific’s web interface is swift in its performance, from media playback to the course and the site builders.

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Things We Do Not Like About Thinkific

  • No live chat support. Although phone support is a welcoming option, Thinkific is quite lacking in providing the option of live chat support which allows users to speak directly to an expert regarding things that are related to the platform.
  • Difficulty adding coding snippets to courses. In case you’re knowledgeable at programming and coding and would like to make use of Thinkfic to create your courses, it would be better not test this method.
  • Insufficient integrations built-in. Thinkific is not equipped with integrated marketing and sales funnel integrations. However, it is possible to get these services from third-party apps that offer these integrations.
  • The absence of tools to help with the continuing education credit. Thinkific may offer different kinds of certificates and certifications at the end of each course however it does not have enough functions to create one that allows for continuing to the next lesson. Why Is Knowledge Better Than Money

Conclusion

If you’re eager to venture in the world of entrepreneurs or take your business to new heights, you should try giving Thinkific an opportunity! The LMS platform has taken huge measures to make it easier for users who wish to experiment with course creation with the best features that other platforms don’t usually have. It’s also amazing that you don’t need to worry too much about transaction fee after transaction fee that impedes your progress.

Coursemaking, as a whole is a major investment that can deliberately affect your career in the long run. What Thinkifc stands out against the other competitors is its Free plan offering. Although it’s not as extensive as other plans, it has enough tools to provide a way for beginners to test the waters to determine whether it’s the best choice for their needs. It’s also risk-free, so if you’d like to test this plan, you can do so by signing up for the Free plan, you may check out Thinkific’s official site!

FAQ Why Is Knowledge Better Than Money

Does Thinkific have a free plan?

Yes, it is! Thinkific offers a beginner-friendly plan that gives you access to its core features including customer support and the course editor. However, it only allows the creation of one complimentary course. If you wish to create unlimited courses you can try the three other plans, which are paid.

Is it true that Thinkific require transaction charges? And does it take a percentage of my sales that I earn?

No! There aren’t any transaction costs involved with all 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 earns most of its income from paid plans.

Can Thinkific integrate with Zoom?

Yes , integration with the messaging service Zoom has been made possible on Thinkific in the middle of 2020. This will be especially helpful for powering Live Lessons, which also is one of the LMS platform’s latest features. Take note however that they are only available on the Pro plan and upwards.

Does Thinkific mobile-friendly?

Yes. Although it doesn’t have an app specifically designed for mobile however, the Thinkific interface can easily be converted to be more compatible with mobile phones and portable browsing on mobile browsers such as Safari with many of the same features as it is available on the internet version. Why Is Knowledge Better Than Money

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