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 makes us superior to the other more powerful creatures in the world. 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. Knowledge must be shared and developed in order to grow and develop.
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. The knowledge owner has the final say in what happens to it. And that is the beauty of it.
The only way to “sell” knowledge for years was to either directly or indirectly tutor the buyer.
The advent of the internet has only democratized this ability to distribute what you learned to the public. 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. To get a comprehensive overview of Thinkific, you may still want to check out our article below.
Thinkific: An Online Course Platform Thinkific Net Worth
Thinkific is a top choice for hosting your online classes. A Learning Management System (LMS) creates, promotes, and sells your courses online.
Thinkific started in 2012 when a group of entrepreneurs sought to create a platform to provide a rich and easily accessible teaching and learning environment for instructors and students.
Luckily, they were able to find an effective solution to their dilemma. Thinkific became an effective solution for 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 users to concentrate on content. Students and teachers are motivated to engage when they have good content.
As such, Thinkific provides plenty of features to help facilitate that promise. We will examine these features later to see if the promises are true.
Thinkific Benefits
Thinkific isn’t the only platform capable of creating decent courses. In fact, plenty of LMS and CMS do the job as well 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?
- Thinkific doesn’t take transaction fees, unlike many other platforms. As a bonus, Thinkific immediately makes your funds available for withdrawal 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. 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
Thinkific features are almost identical to 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.
- Marketing and promotion tools
Thinkific, a course builder, should also be able to offer coupons, as well as the necessary email and affiliate marketing tools.
- 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.
- Reporting
For content creation, analytics is the name of the game. How else can you find your approach without knowing your strengths and 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? Without proper tracking of revenues, engagements, business performance, one cannot determine the best course.
- Student support and communities
A good way to increase your customer base is to have a strong community that uses your content. 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. These features are a great way to get it done at Thinkific.
- 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 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. In doing so, they can speed up the process of making courses and allow newer people to use the app more.
- 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. As such, it is an excellent place where fellow content and course creators get together and discuss things along with Thinkific developers.
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Thinkific Course Builder: How Good Is It?
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. 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.
Build 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.
To begin creating lessons, you only need to click the aptly named “add Lesson” button and pick a content type.
You can choose from the following content types:
- Video
- Audio
- Text
- Download PDF documents
- Slideshow presentations
- Webinars and live zoom lessons.
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.
Choose 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 will allow you to tell potential customers about your courses. Thinkific Net Worth
- 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 template is ideal for late enrollees or people who missed your seminars.
Your Students’ Course Design
Your students will be able to consume your learning resources in the Course Player. You can change the appearance of the course player in the “Settings tab” on the “Courses” page. You can change the color scheme, fonts or add 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. This allows you to see the problem through their eyes.
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. Thinkific Net Worth
That said, assignments are only available for the PRO plan.
Overall, Thinkific’s course builder is very user-friendly. They will give you enough guidance, especially if you’re just starting out with your course.
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Building an Online Course Website
While the course builder is what you can consider the core of Thinkific, It is the Site Builder that serves as the foundation with which you can prop your courses.
Thinkific Site Builder shares many of the same features as other landing page builders. This allows you to sell courses directly from your website, even if your site isn’t yet online.
This website builder is also pretty easy to use. It was designed with newbies and non-tech people in mind.
To start building your website, you start with:
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.
These websites all have professional and good 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.
The Site builder uses drag-and-drop tools, making it easy for users to build your website from scratch. This tool can be combined with pre-made themes to create a professional-looking website.
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. Make a Training website Entirely 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 can be easily mapped to create a 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. The place where the most important things should be located
- Course pages: These can swerve as landing pages for approaching courses. You can create a course page to serve as a landing page for all courses in your class.
- Sign-up pages are where students and potential customers enroll in individual courses or join a membership Thinkific Net Worth
- 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.
- Coming Soon pages: These pages may look empty, but they can serve as teasers and previews for any upcoming pages, courses, offers, and even bundles you 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. This skips the nitpicky part of choosing which to use on your website. Thinkific Net Worth
If you want something entirely different, you can create a custom page by simply clicking on the Custom page in the menus and then designing your page to suit your needs.
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 be customized easily 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.
Thinkfic offers 23 pre-formatted pages sections. These pages are geared towards building high-converting pages. These pages are highly-converting and include but not limited to:
- Call to Action.
This is an essential part, especially when you aim to sell. 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.
- Checklists
This section can be used to highlight key messages, making it easy for the readers to scan information using bullet points.
- Most Frequently Asked Questions
Websites often feature Frequently Asked Question. These are designed to answer all common questions from customers. Thinkific Net Worth
- ‘Social Proof’
These sections can be compared to testimonials. They show client reviews, comments, and experiences. They make a statement to show off what they get in the lessons, which in turn entices other customers to avail of your product.
- Upsell
These sections help you promote other courses. 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 will inform your students about the cost of your courses as well as where they can be paid. This is where you can also describe your bundles and what they include, as well as how much each one costs.
- Video
If you want to promote your courses with a video advertisement, you can add the section here.
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You can earn profit through your content by using your online course platform
Now we come to what is known as among the most anticipated parts of the review. What is the Thnkific business side? Does the service provide enough and proper tools to allow users to make money 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. The only difference is in the focus of each platform.
Yep, that’s right. Some course platforms focus more on selling and turning conversion than the creation side. While others are the opposite and mostly rely on integrations to carry forth the promotion and business side of things.
Which side is Thinkific 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. Even users who are utilizing the free plan can try these features, albeit they only have access to the most basic of functions and are pretty limited in their scope.
Among these tools include the ability for search engine optimization or SEO. 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.
Another feature available for free users is the ability to build 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. Thinkific Net Worth
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. As you go up through Thinkific’s pricing plans, more marketing tools are unlocked for you. These tools will help you promote your course material in the market. These include:
- Coupons
Coupons need no introduction. They’ve been in use for many transactions for a long period of time. It is not surprising that they are being used in online marketing and business.
Thinkific’s coupons come from digital codes that are very easy to share. They are utilized very well in Thinkific’s ecosystem. 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
Sales widgets are a feature that allows you to post purchasing links to other websites and social media. These are extremely useful, given how much traffic you need to get your courses noticed in the first place. You will need lots of traffic, let’s face the facts.
It’s the truth, you can’t expect to have any traffic at all if you are just new to creating courses and if you do not have a built-in audience. Even if your audience is already established, you still need a quick and easy way to link your courses with classes on 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.
The easiest way to do this is through sales widgets which generate HTML code that can easily be pasted on existing websites. This includes social media sites. If you wish to market this way, these codes can be sent as messages. Thinkific Net Worth
You can also customize the widget’s appearance. 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 manage newsletters and send out targeted promotions to subscribers. This tool is not used to convert new subscribers but to keep 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. Notifying them about new products or courses is another option.
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
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.
Thinkific allows the process to be easy and straightforward. 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. Thinkific Net Worth
That said, paying the affiliates is done outside the system, so that’s a catch. The same applies to instructor revenue sharing.
Payment Options
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.
You can also link your courses with a Shopify website. This allows you to access all of the eCommerce platform’s tools.
Thinkific’s payment options allow you to customize how you price your products. You can even charge customers with different payment plans. For example, you can 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. However, this feature is not available to me at the moment as I only have a handful of courses created 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!
Reporting and Analytics
A good website selling products should have a Reports and Analytics section. 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.
For what it’s worth, it is a step in the right direction as having it is much better than having nothing at all.
How does it all work?
Thinkific’s reporting and analytics collect the necessary data how they wish. Some selections include filtering data by date, course or product type, by recency of customers (whether they are new or existing), and more.
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. You can then compare these metrics across the board. This allows you to see which subjects are having 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. Thinkific Net Worth
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.
Prices and plans that are thought-provoking
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.
| No cost | 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 company and create a cohesive learning experience.
|
-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. It is the best way to get a feel of the service and to test drive what it is capable of. 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. Making more than that requires you to sign up. This course is full of potential and you can enroll as many students as you wish.
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.
Thinkific also offers a variety of course options. 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
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. It might seem simple, but it does a lot in terms of branding, marketing, and making your courses look more professional.
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. Thinkific Net Worth
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. It provides the same features as the other Thinkific plans but also offers 10 Communities that make it easier for students 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.
This is Thinkific Plus. It is a powerful, scalable, and easy-to-use learning platform geared toward your team and students.
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 offers all the Expand features, but also adds these additional features to the plan:
- Unlimited Products
- Unlimited Administrators
- 3+ Separate Thinkific sites
- Service Level Agreement 99.9%
- Build a Customer Success Team
- Check out multiple seats or a tiered pricing option
- Email white-labeling
- Single Sign on
- Bulk Selling App
- Enterprise API Access
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Thoughtific 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. Although there are no limitations, if you are serious enough, you can start selling courses through the services with no upfront monetary investment. Thinkific Net Worth
- Thinkkific’s drag-and-drop builder is super easy to use, and even non-tech-savvy people can use it. You can upload multiple media types to create different and exciting lessons and courses.
Cons
- 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. With these options, it is hard to create a website that stands out among the rest.
The 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 Net Worth
I believe that offering a free startup plan to a service is a sign of confidence. 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. With just a glance, you can easily know what to do and what functions as what. Thinkific has enough prompts to help you navigate the more complicated aspects of the world.
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.
One thing to note, however, is that some experienced users might find Thinkific too simple for their taste. 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.
For their Site Builder, Thinkific also chooses to keep it simple. It’s not a standalone platform. However, in keeping with their philosophy, it is simple to use and can easily be grasped by beginners.
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.
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. Just looking at the bare bones structure of their Email marketing can turn off marketers, and marketing Thinkific’s courses can be an uphill climb without resorting to third-party integrations.
As for their payment options, it would be better to have more options other than Stripe and PayPal.
However, not everything is grim-looking though. Thinkfic still offers some useful tools to help you make money from your courses. With a little creative touch, you can sell your products and courses. It does require more effort than usual, however.
Thinkific Frequently Asked Questions Thinkific Net Worth
Can You Build an Entire Website with Just Thinkfic?
Yes, you can!
Thinkfiic gives you the freedom to build your entire online education business. This means you can create both courses, websites, or your overall brand within one seamless platform. Thinkific has builders that are designed to facilitate building, marketing, and selling online courses.
How can I allow my students to access my course content while offline?
It is up to you.
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. 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.