We all know the expression “Knowledge is Power” which has its roots in Latin: scientiapotentia est. It still holds true today as it did all those years ago.
Knowledge is what makes us more powerful than other creatures. While eagles and other intelligent creatures may have better vision than humans, we have been able to see more by understanding the workings of the world.
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.
As such, it is only beneficial for us to share what we know with our fellowmen, lest we let this knowledge consign only to our minds, rotten and forgotten. 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. After all, Knowledge is Power, and power can be money. At the end of the day, the knowledge owner gets to decide what to do with 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. Whether for good or for bad, people can teach others how to make or do the most mundane or nonsense of things through multiple platforms like Youtube or TikTok.
Online education is not the only option. Online courses platforms are the answer.
For those of you who prefer a more visual experience, here is a video review from the YouTube channel SoftwarePundit. You can still read our article to get a complete overview of Thinkific.
Thinkific: an Online Course Platform Thinkific Labs Stock Price
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.
Luckily, they were able to find an effective solution to their dilemma. Thinkific was a great solution to creating, managing and marketing online courses. Thinkific also did it easily, as even those without technical knowledge could use the platform.
This ease of use makes Thinkific essential for online course creators. This allows the users to focus on one thing and one thing only: content. Good content is what drives students and teachers to engage.
Thinkific offers many features to fulfill that promise. We will examine these features later to see if the promises are true.
Enjoy the Thinkific Benefits
Thinkific is not the only platform that is a decent course maker. In fact, plenty of LMS and CMS do the job as well as Thinkific. We would be remiss if this were not mentioned.
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. So when it comes to sales, Thinkific makes sure that whatever is yours is absolutely yours
- Through the free plan, you can test Thinkific’s core features as well as get a feel of the environment. While you are limited to 3 courses upload, you can host unlimited core content and have unlimited students.
- As a commitment to their promise of letting content creators focus on the content, Thinkific makes it easy to build an online course through its drag and drop builder. 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. You can organize groups, schedule content and send them via drip-feed. They also lock them with prerequisite lessons.
- You can also engage with students via Thinkific’s multiple channels. You can email your students their progresses and engage them in discussions. You can even make them compete on the leaderboard.
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Thinkific Features
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 site builder
Drag-and-drop page builders, like the course builder are common issues for these types of services. Course marketers need to promote 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
Without multiple payment options, all of your marketing tools will be useless. 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.
- Reporting
Analytics is key to content creation. Analytics is the only way to discover your approach and your weaknesses. This feature is offered by Thinkific to help users decide the direction of their content.
Do they need to continue making tutorial videos that include direct examples? Or should they just give instructions? One cannot decide the best course of action without properly tracking revenues, engagements, and business performance.
- Student support and communities
A good way to increase your customer base is to have a strong community that uses your content. It is also a great way to brand your company and increase 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.
- Tools to train the trainer
Although we are in the business selling knowledge, it’s a good idea to have our own. Course building and selling are different disciplines altogether. Many people who try Thinkific may be unfamiliar with the process and will stumble around until they feel at ease.
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
Apps and programs can be purchased at the Thinkific App Store. 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.
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The Thinkific Course Builder: Is it Good?
The only way to determine the quality of a course builder’s service is to actually test it.
The main course builder will determine how good a course builder service is. If they don’t have a well-functioning course building system, then what can we expect from them about secondary and additional features?
Thinkific offers a “Get Started” checklist to help you get started with 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.
This file opens the first-course builder interface. The layout is easy to follow. Course content is divided into Chapters and Lessons.
You can create lessons by clicking the “add Lesson” button.
You can choose from the following content types:
- Video
- Audio
- Text
- PDF documents
- Slideshow presentations
- Live zoom lessons and webinars.
You can upload any of these files as your lessons. If you want, you can add multiple course content and upload them using the Bulk Importer. Also, Thinkific makes you duplicate old lessons from previous ones by using the “Copy Lessons From” button.
Pick the Course Type
You can choose the course that Thinkific is currently building. For some of the choices, the service provides you with pre-formatted and good-looking templates that are structured for the appropriate 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.
Some of these premade course types include:
- Mini-course: These are course templates designed to create short and fast courses such as tasters and freebies.
- Flagship Courses are courses that attract students and keep them coming back. Each lesson is constructed in a way that is easy to progress and navigate for students.
- 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. Thinkific Labs Stock Price
- Membership Resource Library: You can use this template to create an archive of resources for your subscribers. This will encourage your audience stay on your site even when they are looking at resources.
- Webinar Replay: This is like the library template, except it is specially made for webinars and live lesson video recordings. This template is ideal for late enrollees or 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.
This part also allows you to preview your lessons in the course player. 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.
Set Assignments and Check Progress
As an extra way to engage students, assignments, quizzes and surveys can be very useful. Aside from that, you can use it as an added way to rate your students. Thinkific Labs Stock Price
That said, assignments are only available for the PRO plan.
All in all, Thinkific’s Course Builder is easy to use. Especially when you are just starting, they will provide you with enough guidance on approaching your course.
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How to build 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.
This website builder is also pretty 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.
When building your website, the best place is to pick a theme.
Thinkific offers three pre-designed themes templates. Each theme has its own styles, color schemes, fonts, and tweaked layouts.
All in all, these websites have good and professional designs.
2. You can customize your online course site using the Site Builder.
After picking a theme, you can customize it as you like. Through the site builder, you can do your preferred edits and make out 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. The potential your website can take will be up to you. Your creativity will only be your limit.
3. Start a Training Website from Scratch.
We are already in the course-making business so it makes sense to build a website for training. 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. As such, we can take these pages and use them as the building blocks of your websites. Some pages of note include:
- Home Page: The face of your website. Where most relevant things should be found
- Course pages: These can swerve as landing pages for approaching courses. If you want, you can also make a course page that serves as a landing page for all the courses you offer in your “class”
- Sign-up pages are where students and potential customers enroll in individual courses or join a membership Thinkific Labs Stock Price
- Sign in Pages: This should be sued for subscribers of 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.
Of course, these types of pages are just some examples you can use with the website. 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. Thinkific Labs Stock Price
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
To properly design a web page using Thinkific Site Builder, it helps to understand that the pages made with these site builders are made up of sections. 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. Simply click on “Add Section” to add more sections.
All in all, Thinkfic provides users with 23 pre-formatted page sections available. 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 contains information that will allow you to provide your customers with summaries of the products you offer.
- Checklists
This section can be used to highlight key messages, making it easy for the readers to scan information using bullet points.
- Frequently Asked Questions
Frequently Asked Questions are a common scene on most websites. These are designed to answer all common questions from customers. Thinkific Labs Stock Price
- ‘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.
- Upsell
These are sections that help promote other courses that you are selling. You can often find this section on the checkout page of one of your courses.
- Instructor
This section is where you can put your instructor profiles in the courses. This section gives students information about the teachers.
- Pricing Options
You can place your pricing options here. This tells your students the cost of your courses and where you can pay for them. If possible, this is also where you can describe your bundles, what you include in them, and how much they cost.
- Video
You can add this section to your course promotion page to make a video advertisement.
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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. How does the business side of Thnkific work? 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 platforms are more focused on the conversion side of selling courses and creating content. While others are the opposite and mostly rely on integrations to carry forth the promotion and business side of things.
So on which side does Thinkific fall on? Let’s find out as we try the business, promotion, and marketing features of Thinkific.
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 among the most efficient ways to show your audience what you are capable of. Thinkific Labs Stock Price
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. That way, once they dive into your paid content, they already have at least a small idea of how things work out.
These promotional materials can be a great way to promote your products. They can even be used to compete with products that have been promoted too much.
We are not talking about the stuff that is free. As you go up through Thinkific’s pricing plans, more marketing tools are unlocked for you. Many of these enhance your ability to promote your course materials in the market. These include:
- Coupons
Coupons don’t need introduction. They have been used in many transactions for a long 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. Using a coupon on Thinkific’s checkout will automatically use it with little to no hassle.
From a marketing standpoint, coupons can be set up and used to promote your bundles and courses. You can encourage potential customers to visit your courses by including a discount.
Thinkific also allows you to personalize 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. You should find where most of the internet traffic comes from and try to divert some of those traffic to your website.
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. Aside from that, these codes can also be sent as messages if you want to market that way. Thinkific Labs Stock Price
Another customization you can do with this widget is how it looks. You have the option to show a button or a button with a product picture. Or you can add text to match 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. This tool can only be sent to those you already know.
In the case of Thinkific, their email marketing tools do just this…….. And not much more. Unfortunately, only existing students can be emailed about your courses. You can also notify them about new products and courses.
You don’t have to like everything. However, if you need more features, there are other email marketing tools available such as Mailchimp or Mailerlite, AWeber and Constant Contact. ActiveCampaign is another option.
That said, it would have been miles better if Thinkific had a better local Email marketing tool for users to use.
- Affiliate Marketing
You can choose to use affiliate marketing to get influencers and experts to promote your courses if you feel your marketing skills are not sufficient.
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.
You can also convert Thinkfiic users into affiliates by finding them 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. Thinkific Labs Stock Price
However, affiliates are not paid within the system. The same applies to instructor revenue sharing.
Payment Options
All that marketing work will be for naught if you have no way of receiving payments or your courses. Thinkific offers Stripe as a payment platform for cards. Other ways include connecting PayPal for one-off payments.
You can also link your courses with a Shopify website. That way, you can get all the tools the eCommerce platform offers its users.
Thinkific’s payment options let you customize the price of your products. Customers can be charged with different payment options. For example, you can sell courses for a one off fee.
You can also offer membership subscriptions, and charge accordingly. You can also sell your course as a bundle if you wish. However, this feature is not available to me at the moment as I only have a handful of courses created with their system.
Thinkific is unique in that you don’t have to pay a commission for any courses they sell.
Analytics and reporting
Any good website that is selling something should include a Reports and Analytics feature. This will allow users to figure out which stuff they are doing well on and which ones they need to focus on and improve.
Though it’s a new feature, Thinkific does have one. It currently reports only on four areas, which are: Enrollments and Student Engagement, Revenue, Orders, Enrollments, and Student Engagement. This feature is still in its infancy and is only available on the Start + Growth add-on package.
It is a good step in the right direction. Having it is better than nothing.
So how does it 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).
Of course, these different data can provide multiple insight as to how your courses are performing. Let’s take, for instance, data about 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 allows you to see which subjects are having low completion rates.
You can then identify the reasons for these problems. It is up to you then to make the necessary adjustments. Thinkific Labs Stock Price
For example, for courses with low completion rates, students might find the course extremely hard. Still, it might be a problem with the way you are presenting the information or instructions. 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 a leading platform for course development and marketing. As such, you can expect to have a price that is appropriate for their standing.
However, what you pay is what you get with Thinkfiic, with all the features it provides, you will hardly find yourself being ripped off by the product.
Thinkific also offers a free plan that you can use to try 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.
Free | Start | Grow | Expand |
$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
|
A complete set of tools is available to help you increase your sales.
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-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. You can do all the services offered by the free plan, but only in 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 think you like using Thinkific and would like to proceed with the next big step in the right direction. The main benefit of upgrading to this plan is your limiters are removed, and you are free to make unlimited courses.
Thinkific also offers a variety of course options. For example, you can begin to live-stream your lessons as long as time permits it.
The Start plan also opens up additional marketing tools and grants you access to the Thinkific App Store.
You also have the option of a custom domain to host your course website.
The Grow Plan
If you’re serious about making sales and selling courses, the Grow plan is right for you. 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. You have priority email support and phone support. You can get faster solutions if you have different issues with your website. Thinkific Labs Stock Price
The Expand Plan
The Expand plan is for bigger institutions and businesses. 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.
Speaking of management, this plan also provides 5 administrators to help with running things.
Thinkific Plus
Some LMS services give clients and customers an option to create bespoke plans separate from the services’ 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.
For Thinkific, this is called Thinkific Plus. It’s a powerful, scalable and simple-to-use learning platform that is tailored to your students and team.
Contact the Thinkfic sales team to get Thinkific Plus. They can help you to understand the tools that you need in order to optimize your platform. They can connect you with education experts who will inspire you and give you the confidence you need to achieve more than you could ever imagine.
Thinkific Plus will give you all the features from the Expand plans while also adding in these features:
- Unlimited 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
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Thinkific Pros and Cons
Pros
- Thinkific does NOT charge transaction fees. Funds are immediately available for withdrawal whenever a sale is made from your products, courses, or memberships.
- Thinkific has a fully realized 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. Thinkific Labs Stock Price
- Thinkkific’s drag and drop builder is easy to use by even non-tech-savvy users. You can upload multiple media types to create different and exciting lessons and courses.
Cons
- Some aspects of Thinkific aren’t as user-friendly than expected. Some creators have acknowledged this.
- There is a huge lack of marketing features in the service. Their email marketing capability is quite basic and is miles behind the competition.
- Thinkific’s designs and customizations are quite limited, given that the service only provides a few themes to play with. With these options, it is hard to create a website that stands out among the rest.
Thinkific Verdict
Thinkific is an excellent choice for course promotion and course creation. Its price is entirely reasonable, and the features are as good and easy to use as most of its competitors.
For those who are just starting out, the free startup plan will be a great help. It will allow them to get a feel for how things work. Thinkific Labs Stock Price
In my opinion, providing a free startup plan is actually a mark of confidence on the side of the service. They are confident in their product and willing to allow the public to try it.
Looking at Thinkific’s free plan, too, you can say that it is very bold, and the limitations are pretty understandable. It is unlike the other “free plans” of the other products where they only masquerade as free, but there isn’t you can do with the service.
Thinkific’s Course Builder is very intuitive and easy to use. You can quickly see what you need to do and which functions are what. Thinkific has enough prompts to help you navigate the more complicated aspects of the world.
This can be a tricky side. Too many prompts can overwhelm novice users and cause frustration for those who are already proficient.
One thing to note, however, is that some experienced users might find Thinkific too simple for their taste. But that is just nitpicking. Thinkific’s course creator is responsive, fast, and easy to use, which is what most people want.
For their Site Builder, Thinkific also chooses to keep it simple. It’s not 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. It is also a great tool to add training pages to existing websites.
The only thing lacking is more themes to cater to more people and their different tastes.
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. It does require more effort than usual, however.
Thinkific’s Frequently Asked Questions Thinkific Labs Stock Price
Can You Build an Entire 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 will be at your discretion.
Remember that students may need assistance logging in to 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. These files can be downloaded to students’ devices so they can access them 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 has no intellectual property rights and will not claim them. Therefore, anything built and published on the platform is 100% to the creators.