We are all familiar with the saying, “Knowledge is power.” Having its roots in the Latin: scientia potentia est, it holds just as true today as all those years ago.
Knowledge makes us superior to the other more powerful creatures in the world. Eagles and other sharp-eyed creatures might have better eyesight than humans, but we have learned to see further than them by understanding how the world works.
Although the example is a bit extreme, you get the point. Because of our knowledge and ingenuity, the human race has risen to the top in food chain.
It is therefore beneficial to share the knowledge we have with others, so that this knowledge does not become a burden on our minds and make us forget. After all, for knowledge to grow and develop, it must be shared and evolved.
It is great to share your knowledge and ideas free of charge, but it is also fine to sell it. Knowledge is power, and money can also be power. The knowledge owner has the final say in what happens to it. That is the beauty of it.
For years, the only way to “sell” knowledge has been to directly teach or tutor the buyer or indirectly teach them through writing books on the subject.
This ability to share what you have learned has been made possible by the internet. Anyone can share their knowledge, even those without a teaching license or who don’t know how to write books.
The kinds of things being taught around have also been busted wide open. People can share their knowledge on a variety of platforms, such as Youtube and TikTok, to teach others how they make or do the most common or absurd things.
Online education is not the only option. Online courses platforms are the answer.
Here is a video review by SoftwarePundit for those who like a visual experience. To get a comprehensive overview of Thinkific, you may still want to check out our article below.
Thinkific: An Online Course Platform How Does Thinkific Make Money
When it comes to online courses, Thinkific is among the best services to host your classes. Learning Management System (LMS), creates, promotes and sells your online courses.
Thinkific was founded in 2012 by a group entrepreneurs who wanted to create an environment that would allow students and instructors to learn and teach.
They were fortunate to find a solution to their problem. Thinkific became an effective solution for creating, managing, and marketing online courses. Thinkific was easy to use, so even people with no technical knowledge could use it.
Thinkific is a great tool for creating online courses. This allows users to concentrate on content. Students and teachers are motivated to engage when they have good content.
Thinkific offers many features to fulfill that promise. Later, we will look at these features and see if they really live up to the hype.
Thinkific isn’t the only platform capable of creating decent courses. Many LMS and CMS can do the same job as Thinkific. That said, we would be remiss if we gloss over Thinkific just because of this fact.
So what is it about thinkific that makes us prefer it as a platform overall?
- Unlike most other platforms, Thinkific does not take any transaction fees from your sales. Thinkific instantly makes your funds available to withdraw whenever you make a sale. Thinkific ensures that your sales are 100% yours.
- You can try Thinkific’s core features and have a feel for the environment through its free plan. Although you are only limited to uploading 3 courses, you can have unlimited students enrolled in it as well as host most of the core content that Thinkific allows
- Thinkific’s drag-and-drop builder makes it simple to create an online course. This is in keeping with their commitment to letting content creators concentrate on the content. Thinkific supports multiple types of content such as audio, video, PDFs and quizzes.
- Thinkific also allows you to play with your course engagement by giving you various capabilities. The platform allows you to organize cohorts, schedule your content, and deliver them by drip-feed, locking them through prerequisite lessons and many others.
- You can also engage with students via Thinkific’s multiple channels. You can email your students their progresses and engage them in discussions. And even have them compete with the leaderboard.
As for the features, Thinkific has more or less the same as that of the other course builders. The only exceptions are a few differences here and there. This is mostly because they focus on certain sections of the entire experience. These features include:
- Easy to use course creator
To be honest, this is not really a unique feature as most online course builders will already have this feature. It will be very difficult for a course builder to compete on the market if they don’t offer a user-friendly option.
- Drag-and-drop web page builder
Like the course builder, drag-and-drop page builders are standard issues for these kinds of services. Course makers need to market their courses. It is essential that they have the tools and resources to market their courses. Similar to Thinkific.
- Promotion and marketing tools
In the same vein as selling courses, course builders like Thinkific should have the proper built-in email and affiliate marketing tools, sales widgets, and the ability to offer coupons to make it easy for users to sell their products in the platform.
- Flexible payment options
All of those marketing features will be for naught if there are not many payment options available for customers. Having more than one payment option is also optimal, as it removes friction from wannabe customers, and more payment options can make it easier for your leads to paying you.
For content creation, analytics is the name of the game. Analytics is the only way to discover your approach and your weaknesses. Thinkific offers this feature to its users to make it easy for their users as to the direction their content should go.
Should they continue doing tutorial videos with direct samples, the best way to go about things, or just plain instructions would be better? One cannot decide the best course of action without properly tracking revenues, engagements, and business performance.
- Student support and communities
Having a good community that consumes your content is a good way to build up returning customers. Besides that, it is also good for branding as well as engagements. Customer retention is greatly improved by having a strong community and customer support. It is good that Thinkific provides the avenue to do so with these features.
- Training tools
While we are in the business of selling knowledge, it is not a bad thing to acquire our own in the meantime. Course building and selling are different disciplines altogether. Many who try Thinkific might be new to the process and will tend to stumble around until they feel comfortable.
Thinkific gives these newbies and even veterans a chance to learn from what is tried and tested. This allows them to speed up the creation of courses and makes it easier for new users to use the app.
- Thinkific App Store
The Thinkific App store sells apps and programs that take your online courses to another level. The best thing about the AppStore is its community-made nature. It is a great place for fellow course creators and content creators to come together and have discussions with Thinkific developers.
Thinkific Course Builder: How Good Is It?
At the end of the day, the only way to know how good a course builder is to test the crux of its service, which is the course builder itself.
The main course builder will determine how good a course builder service is. After all, what are we supposed to expect about their secondary and additional features if they can’t be bothered having a good and well-functioning course builder?
In the case of their course builder, Thinkific provides a handy “Get Started” checklist that guides you on what to do at your first foray into course building.
Create Your First Course
Upon starting your first course, you will be presented with a draft called “Your First Course” for you to use.
Opening this file brings you to the first-course builder interface, wherein the layout is very easy to follow. Course content is divided into Chapters and Lessons.
You can create lessons by clicking the “add Lesson” button.
Content types can be either of the following:
- PDF documents
- Slideshow presentations
- Webinars and live zoom lessons.
Any of these files can be uploaded as your lessons. You can upload multiple courses to the Bulk Importer. Also, Thinkific makes you duplicate old lessons from previous ones by using the “Copy Lessons From” button.
Choose the Course Type
You can choose the course that Thinkific is currently building. The service also provides pre-formatted, professional-looking templates which can be used to create the course content.
Although you can still be flexible by using a template blank, they can be very helpful when you need to do your job quickly or are just starting to create courses.
These premade courses include:
- Mini-courses: These course templates are designed to make short, fast courses like tasters or freebies.
- Flagship Courses: These are the courses that make students and audiences take your courses or keep them always coming back. Every lesson is designed to be easy for students to follow and is simple to learn.
- Pre-sell course: Pre-sell courses help you sell your courses. These courses can serve as short tests or as a way to get your course noticed. This allows you to advertise to potential customers what your courses entail. How Does Thinkific Make Money
- Membership Resource Library: You can use this template to create an archive of resources for your subscribers. This will encourage your audience to remain on your website even when looking at resources
- Webinar Replay: This is like the library template, except it is specially made for webinars and live lesson video recordings. This is perfect for your students who are late enrollees and for people who missed your seminars.
Customizing The Look of Course for your Students
Students will be able use your learning materials in the Course Player. You can change the appearance of the course player in the “Settings tab” on the “Courses” page. Options include changing color schemes, fonts, or adding logos.
You can even add a course description and image in the settings here.
You can also preview your lessons in this section. This allows you to see the views of your students on your lessons. As such, you can put yourself in their shoes and see the problem from their perspective.
You can assign assignments and track progress
Assignments, quizzes, and surveys are super handy as an additional way to engage your students. Aside from that, you can use it as an added way to rate your students. How Does Thinkific Make Money
That said, assignments are only available for the PRO plan.
Overall, Thinkific’s course builder is very user-friendly. Especially when you are just starting, they will provide you with enough guidance on approaching your course.
Building an Online Course Website
The course builder can be considered the core of Thinkific. However, it is the Site Builder that provides the foundation on which your courses can be built.
The Thinkific Site builder shares the same characteristics as the other landing page builders. This allows you to sell your courses from your website or even if you don’t have a website yet.
The website builder is easy to use. This website builder was created with non-techy people and newbies in mind.
Start building your website by:
1. Pick a Theme.
Picking a theme is the best place to start when building your website.
Thinkific offers three pre-designed themes templates. Each theme comes with its own style, colors, fonts, layouts, and customized layouts.
These websites all have professional and good designs.
2. Use Site Builder to Customize Your Online Course Site.
You can modify the theme you have chosen after you’ve selected it. You can make your desired edits to the site builder and create an entire website. If you want, you can dig in and craft individual pages.
Site builders use drag-and-drop tools that make it simple to create a website from scratch. Combining this with pre-built themes, users can make a professional-looking web page from scratch.
And that is just the beginning. Your website’s potential is limitless. Your creativity will only be your limit.
3. Start a Training Website from Scratch.
Since we are already in the business of making courses, it would be a very good idea to proceed and build a training website to house your created courses. Thinkific offers a wide range of pages to help you choose from.
These pages are pre-designed and ready to be mapped into a complete course or training website. These pages can be used as building blocks for your website. These pages are worth mentioning:
- Home Page: The face of your website. Where most relevant things should be found
- These pages can be used as landing pages to help students approach courses. You can create a course page to serve as a landing page for all courses in your class.
- Sign-up pages: This is where your potential customers and students enroll for individual courses or memberships How Does Thinkific Make Money
- Sign in Pages: This should only be used for subscribers to your website
- Your student’s dashboard will be your starting point for signing in to your site. It is possible to design a student dashboard that makes it easy for students to access all the content on your website.
- You can find payment pages, or checkout pages: Here you can place your payment options to subscribe or sign up for your class.
- Pages Coming Soon: Although they may not appear to be full, these pages can be used as teasers or previews of any pages, courses, offers, or bundles that you might offer.
These pages can be used with your website in many ways. These templates are also a good utility for making a website and needing it fast. These templates are a great way to skip the tedious part of selecting which template you want for your website. How Does Thinkific Make Money
You can also create a customized page by clicking on the Custom Page link in the menus. This will allow you to design your page according to your requirements.
4. Edit individual pages
It is important to understand the structure of Thinkific Site Builder pages in order to properly design them. These sections can easily be modified and moved around.
Pre-built pages come with suggestions sections that will help you choose the right ones for your page. Adding more sections is just as simple as clicking on the “Add Section”
Thinkfic offers 23 pre-formatted pages sections. Most of these pre-formatted pages are focused on building high conversions. These pages are highly-converting and include but not limited to:
- Call to Action.
This is a crucial part of selling. This will allow potential students and customers to know how to sign-up or purchase.
- ‘Smart’ Product and Category
This section provides a list of information that can provide your customers with automatically listed summaries of available products you sell.
This section can be used for key messages and makes it easy to scan information with bullet points.
- Most Frequently Asked Questions
Frequently Asked Questions are a common scene on most websites. These are designed to answer all common questions from customers. How Does Thinkific Make Money
- ‘Social Proof’
These sections can be compared to testimonials. They show client reviews, comments, and experiences. These sections are like testimonials and show what the clients get from the lessons. This in turn encourages others to use your product.
These sections help you promote other courses. This section is often found on the checkout page for one of your courses.
This section is where you can put your instructor profiles in the courses. This gives students information as to the people who are teaching them.
- Pricing Options
Here you can submit your pricing options. This tells your students the cost of your courses and where you can pay for them. This is where you can also describe your bundles and what they include, as well as how much each one costs.
If you want to promote your courses with a video advertisement, you can add the section here.
Earning Profit Through Your Content with the Use of Your Online Course Platform
We now come to the part that is often the most anticipated. What is the Thnkific business side? Is the service providing enough tools and resources to enable users to make a living from their hard work?
The thing of the matter is that nowadays, all online course builders and course platforms include inherent tools to give users and teachers the ability to promote their courses and products. They only differ on how much that platform focuses on.
Yep, that’s right. Some course platforms focus more on selling and turning conversion than the creation side. Others, on the other hand, focus more on the business and promotion side of things and rely heavily upon integrations.
Which side is Thinkific on? Let’s see how Thinkific handles promotion and business.
Promote Your Courses
Thinkific comes with marketing tools to help you make money from your content. These features are available to all users, even those who use the free plan. However, they are very limited and only allow for the most basic functions.
Search engine optimization, or SEO, is one of these tools. Thinkific offers the necessary SEO options for free to plan users. This allows you promote your lessons in the simplest ways possible, making it capable of rising up the search engine results page.
Free users also have the option to create free trial courses. It’s like giving your customers a free taste or sample. This is one of the best ways to show your audience who you are. How Does Thinkific Make Money
By allowing customers and potential students a taste of your content, you will allow them a peek into the curtains and how classes are done. This will give customers and potential students a glimpse into the workings of your content before they pay for it.
While these promotional materials may seem lacking at first, in skillful hands, these can go a very long way as promotional materials. In the right condition, they might even compete with some products that have been promoted to the extreme.
We are not talking about the stuff that is free. You will unlock more marketing tools as you move up in the Thinkific pricing plans. Many of these enhance your ability to promote your course materials in the market. These include:
Coupons need no introduction. They’ve been in use for many transactions for a long period of time. So it is no surprise that they are also being used in online business and online marketing.
Thinkific’s coupon codes are digital codes that can be shared easily. These codes can be used in Thinkific’s ecosystem very well. You can use a coupon at Thinkific’s checkout to instantly redeem it.
From a marketing standpoint, coupons can be set up and used to promote your bundles and courses. This will entice potential customers to check out your courses, especially if a discount is included.
As a side note, Thinkific allows you to customize your coupons. From setting the dollar or percentage amount for the coupon to setting an expiration date and setting the number of times, the coupon can be redeemed.
- Sales Widgets
You can use sales widgets to link to other websites or social media to share your purchase links. These widgets are very useful given the amount of traffic required to get your course noticed. And let’s face it, you will need a lot of traffic.
You can’t expect traffic if your courses are new and you don’t have an audience. Even if you have a built-in audience, you need a fast and convenient way to link your courses and classes from other websites.
That’s where social media comes in. It is a given that almost everybody uses social media. It is important to determine where the majority of internet traffic comes and redirect some traffic to your site.
This is possible by using sales widgets that generate HTML code which can be easily pasted onto existing websites. Of course, this includes social media sites. If you wish to market this way, these codes can be sent as messages. How Does Thinkific Make Money
Another customization you can do with this widget is how it looks. You can choose to display a button, a button with a product image, or include text that you want to go with it.
- Email Marketing Tools
Email marketing tools allow you to manage your newsletters and send targeted messages to subscribers. In a way, this tool is used less to get new conversions and rather to retain them. After all, you can only send this to people you already have contact with.
Thinkific’s email marketing tools are limited to this ……… Unfortunately, only existing students can be emailed about your courses. You can also notify them about new products and courses.
Not everything is bad, though, as if you want more features, you can use other email marketing tools such as Mailchimp, Mailerlite, AWeber, Constant Contact, ActiveCampaign, or ConvertKit.
However, it would have been a lot better if Thinkific had an even better local Email marketing tool available for its users.
- Affiliate Marketing
If you think your own marketing skills are insufficient, then you can opt to go the Affiliate marketing route and get experts and influencers to promote your courses.
The process is simple and straightforward with Thinkific. You will need to add the associated person as a user, and make him an “Affiliate”. This information can be found under “User Roles” within the Process.
If you find some current users of Thinkfiic or your course, you can convert them into affiliates through the same process.
Thinkific tracks the sales of bundles or courses by affiliates to check their performance and status. It also records the revenue. How Does Thinkific Make Money
That said, paying the affiliates is done outside the system, so that’s a catch. The same applies to instructor revenue sharing.
If you don’t have a way to receive payments or enroll in your courses, all that marketing effort will go sour. In this vein, Thinkific has Stripe as a card payment platform. Other ways include connecting PayPal for one-off payments.
Lastly, there is also an option to link your courses to a Shopify site. This allows you to access all of the eCommerce platform’s tools.
Thinkific’s payment options let you customize the price of your products. Customers can be charged with different payment options. You can also sell courses for a one-off fee.
You can even make membership subscriptions and charge accordingly. If you want, you can sell your course in a bundle. But right now, I haven’t tried that feature as I have only a few courses made with their system.
One thing to note about Thinkific though is that they do not charge you any commission fee for any of your courses sold!
Analytics and reporting
Any good website that is selling something should include a Reports and Analytics feature. This feature will help users identify which areas they excel at and which ones they should focus on to improve.
Thankfully, Thinkific has one, but it is a relatively new feature. Currently it only reports on four ares which include: Orders, Enrollments, Student Engagement, and Revenue. This feature is currently in its infancy, and only the Start + Growth package has it.
It is a good step in the right direction. Having it is better than nothing.
How does it all work?
Thinkific’s analytics and reporting collect the data they need. Filtering data can be done by date, product type, or course, as well as by recency of customers (whether new or old).
These data can give you multiple insights into how your courses perform. Take for example, the data on Student engagement.
Having this data allows you to see things such as course enrolments as well as there completion rates. These metrics can be compared across all subjects. This will allow you to identify subjects with low completion rates.
From there you can find out the problems as to why such things are. It is up to you then to make the necessary adjustments. How Does Thinkific Make Money
Students might find it difficult to complete courses that have low completion rates. It could be an issue with how you present the information. Once you have identified the problem, you will be able to find a solution that works without having to tear your hair out.
The data is displayed as a graph and chart, which makes it much easier to understand and read.
Thinkific Pricing and Plans
Thinkific is one of the leading platforms on course building, and marketing. You can expect a price that’s appropriate for your standing.
Thinkfiic is a product that you pay for. With all its features, you won’t be ripped off.
Besides that, Thinkific has a free plan which you can use to test their products. You can always start your course-creating journey for free before moving to a paid plan if you need it or want more of Thinkific’s features.
|$0 per month||$74 per month||$149 pero month||$374 per month|
|-Create and launch your product with a website and checkout experience
|-Add products to your business and create a cohesive learning experience for your students
|-Build successful business with a complete suite of tools to help you sell more
|-Optimize your workflow and create a premium experience with a platform designed to scale
The Free Plan
Is the first plan you should take if you are new to all this course building and course management stuff. This is the best way for you to get to know the service and test it out. The free plan allows you to do everything the service offers, albeit at a limited capacity.
Only one course is allowed under the Free plan. To make more courses, you will need to sign up. That said, this course has a lot of potential, allowing you to enroll an unlimited number of students you want.
The Start Plan
If you feel that Thinkific is something you would enjoy, you can take the next step. The main benefit of upgrading to this plan is your limiters are removed, and you are free to make unlimited courses.
Aside from that, Thinkific affords you a few more options in the type of courses you can make. You can even live-stream your lessons for as long as you have the time.
Furthermore, the Start plan opens up more marketing tools and gives you access to the Thinkific app store.
You also have the option of a custom domain to host your course website.
The Grow Plan
The Grow plan is for you if you are serious about selling and making courses. First, you will be able to remove the Thinkific branding. Although it may seem easy, it has a significant impact on branding, marketing, and professionalizing your courses.
This gives you access to bulk enrollments so that the enrollment process can be done easier and faster. In terms of support, you are given priority email and phone support. So you can have faster solutions given to you should different problems arise for your website. How Does Thinkific Make Money
The Expand Plan
The Expand plan is designed for larger businesses and institutions. It allows you to optimize your workflow and create a premium experience with a platform that is designed to scale.
This plan is ideal for large institutions that want to establish an online presence. Aside from providing the usual features of the other Thinkific plans, it provides unprecedented 10 Communities to keep students easier to manage.
This plan provides five administrators who will help you manage your business.
LMS services offer clients and customers the option to create custom plans that are separate from their basic plans. Most of the time, their prices are unlisted as the customization might change the cost, and that cost will depend on the customization.
This is Thinkific Plus. It’s a powerful, scalable and simple-to-use learning platform that is tailored to your students and team.
To get Thinkific Plus, you must contact the Thinkfic sales team. They will help you understand the tools you need to optimize your platform. They will provide you with education experts who can inspire and give you the confidence to grow beyond what you imagine.
Thinkific Plus offers all the Expand features, but also adds these additional features to the plan:
- Unlimitted Products
- Unlimited Administrators
- Three+ separate Thinkific sites
- Service Level Agreement 99.9%
- Build a Customer Success Team
- Multiple seats and Tiered pricing checkout
- Email White-labeling
- Single Sign on
- Bulk Selling App
- Enterprise API Access
Thinkific Pros and Cons
- Thinkific does NOT charge transaction fees. Funds are immediately available for withdrawal whenever a sale is made from your products, courses, or memberships.
- Thinkific offers a fully implemented free plan. It includes all core features and functions like a paid plan. There are no restrictions, but if you’re serious enough you can sell courses through the service with no upfront investment. How Does Thinkific Make Money
- Thinkkific’s drag-and-drop builder is super easy to use, and even non-tech-savvy people can use it. It even allows you to upload multiple types of media content to create varied and interesting courses and lessons.
- There are some aspects of Thinkific that are not really that are not as user-friendly as expected. This is something that some creators of the service have expressed.
- The service lacks many marketing features. Their email marketing capability is quite basic and is miles behind the competition.
- The customization options and designs available through Thinkific are very limited. There are only a handful of themes that you can choose from. It is difficult to make a website that stands out from the competition with these options.
The Thinkific Verdict
Thinkific is an excellent choice for course promotion and course creation. It is affordable and features are just as easy as those of its rivals.
The free startup plan is a godsend for those just starting, as it will give them a feel of how things are with the service. How Does Thinkific Make Money
I believe that offering a free startup plan to a service is a sign of confidence. They believe their product is of use and are willing to let the public try it.
Looking at Thinkific’s free plan, too, you can say that it is very bold, and the limitations are pretty understandable. This is not like other free plans of other products. However, there are still things you can do with it.
For the Course Builder, Thinkific is pretty easy and intuitive to use. With just a glance, you can easily know what to do and what functions as what. As for the more complex side of things, Thinkific provides enough prompts to guide you through the process.
This is a difficult side to balance, too, as giving too many prompts away can usually overwhelm the beginner user and may irritate those who already have a handle on things.
However, it is important to remember that Thinkific might be too easy for some users. But that is just nitpicking. At the end of the day, Thinkific’s course builder is fast, easy, and responsive, and that’s what most people need.
Thinkific’s Site Builder is also simple. It is not like a standalone platform. It is easy to use, and it fits their philosophy.
It does offer impressive editing options, which makes it ideal for creating training and tutorial websites. Aside from that, it is an excellent tool for adding training pages to existing websites.
There aren’t enough themes to suit all tastes and demographics.
Lastly, on the marketing side of things, this is where I feel Thinkific falls short. Marketers can feel disillusioned by the Email marketing structure. Marketing Thinkific’s courses are difficult to market without third-party integrations.
As for their payment options, it would be better to have more options other than Stripe and PayPal.
Not everything is bad. Thinkfic still has some clever tools that help you monetize your courses. You can sell products and courses with a little creativity. This requires more effort than normal, but it is possible.
Thinkific’s Frequently Asked Questions How Does Thinkific Make Money
Is it possible to create a complete website with just Thinkfic?
Yes, you can!
Thinkfiic gives you the freedom to build your entire online education business. You can easily create courses, websites, and your entire brand on one platform. Thinkific offers builders that can be used to build, market, and sell online courses.
How can I allow my students to access my course content while offline?
It is up to you.
Bear in mind that your students will need help logging into your courses offline. That said, you can offer your courses to be downloadable. This can be done for content such as audio files, video files, and PDFs. Your students can download these to their devices and access them even offline.
Who Owns the Content Published on Thinkific?
The creators are the complete and sole owners of any content that is built into the Thinkific Platform.
Thinkific does not, and will not, claim any intellectual property rights over materials made by the course creators and builders. Therefore, anything built and published on the platform is 100% to the creators.