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. 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.
Sure, that example might be overly dramatic, but you get the idea. The human race has won our place in the food chain due to our sheer knowledge and ingenuity.
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. At the end of the day, the knowledge owner gets to decide what to do with it. And 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.
Even formal education can have its niche platforms too. This is where online course platforms come in.
Here is a video review by SoftwarePundit for those who like a visual experience. You can still read our article to get a complete overview of Thinkific.
Thinkific: an Online Course Platform Thinkific Finance With Sharan
Thinkific is a top choice for hosting your online classes. A Learning Management System (LMS) creates, promotes, and sells your courses online.
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 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.
Thinkific is a great tool for creating online courses. This allows the users to focus on one thing and one thing only: 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. Later, we will look at these features and see if they really live up to the hype.
Thinkific Benefits
Thinkific is not the only platform that is a decent course maker. Many LMS and CMS can do the same job 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?
- 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. So when it comes to sales, Thinkific makes sure that whatever is yours is absolutely yours
- You can try Thinkific’s core features and have a feel for the environment through its free plan. 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 also allows multiple kinds of content, from video files, audio files, PDFs, quizzes, text, surveys, and more.
- 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. There are some differences, but these are minor. This is mostly how they handle some specific sections of the whole 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
Drag-and-drop page builders, like the course builder are common issues for these types of services. Course makers need to market their courses. As such, giving them the proper tools to do so easier is a godsend. 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. It is ideal to have more than one payment option. This removes any friction for potential customers and makes it easier for them to pay you.
- Reporting
For content creation, analytics is the name of the game. 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.
- Support for students and student 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. Remember, good customer support and community greatly improve customer retention. 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. Selling and course building are two different things. Many who try Thinkific might be new to the process and will tend to stumble around until they feel comfortable.
These newbies, as well as veterans, have the opportunity to benefit from the tried-and-trued knowledge of Thinkific. 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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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. 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?
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. The 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
- Download PDF documents
- Slideshow presentations
- Live zoom lessons and webinars.
Any of these files can be uploaded 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
Thinkific allows you to pick what course you are 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.
Some of these premade course types include:
- Mini-courses: These course templates are designed to make short, fast courses like tasters or 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 can be like testers and short courses. This allows you to advertise to potential customers what your courses entail. Thinkific Finance With Sharan
- 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 is a similar template to the library template but it is specifically designed for webinars or live lesson videos. 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. As such, you can customize how this course player looks in the “Settings” tab on the “Courses” page. You can change the color scheme, fonts or add logos.
Here you can also add a description of the course and an image.
You can also preview your lessons in this section. This is convenient since you can see how your students view your lessons. This allows you to see the problem through their eyes.
Set Assignments and Check Progress
As an extra way to engage students, assignments, quizzes and surveys can be very useful. You can also use it to rate your students. Thinkific Finance With Sharan
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.
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. Choose a theme.
When building your website, the best place is to pick a theme.
For this reason, Thinkific has three pre-built theme 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. 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. Your website’s potential is limitless. 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 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:
- Your website’s homepage is the face. 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 Finance With Sharan
- Sign in Pages: This should only be used for subscribers to your website
- Student Dashboard: This will serve as your student’s starting point when signing in to your website. A good student dashboard can be designed in a way that makes everything on your website accessible.
- Checkout pages or payment page: This is where you place your payment options for subscribing or signing 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 Finance With Sharan
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. Adding more sections is just as simple as clicking on the “Add Section”
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:
- Get involved.
This is an essential part, especially when you aim to sell. This lets your would-be students and customers know how to sign up or buy.
- ‘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 for key messages and makes it easy to scan information with bullet points.
- Most Frequently Asked Questions
Websites often feature Frequently Asked Question. These are designed to answer all common questions from customers. Thinkific Finance With Sharan
- ‘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 gives students information as to the people who are teaching them.
- 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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You can earn profit through your content by using your online course platform
We now come to the part that is often the most anticipated. How does the business side of Thnkific work? Does the service provide enough and proper tools to allow users to make money from their hard work?
It is a fact that all online course builders and platforms today offer tools to allow teachers and students to promote their courses. 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. 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
By default, Thinkific has marketing tools that help you sell your content for cash. 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.
Search engine optimization, or SEO, is one of these tools. Thinkific provides free plan users with the needed SEO options, which allows you to promote your lessons in the most basic ways by making your content capable of climbing up the top of the search engine results.
Free users also have the option to create free trial courses. Think of it as giving your potential customers a free sample or a taste test. This is among the most efficient ways to show your audience what you are capable of. Thinkific Finance With Sharan
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.
While these promotional materials may seem lacking at first, in skillful hands, these can go a very long way as promotional materials. They can even be used to compete with products that have been promoted too much.
Of course, we are only talking about the free stuff. 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
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
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.
You can’t expect traffic if your courses are new and you don’t have an 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.
This is where social media comes into play. It’s a fact that social media is used by almost everyone. 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. Aside from that, these codes can also be sent as messages if you want to market that way. Thinkific Finance With Sharan
You can also customize the widget’s appearance. 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. After all, you can only send this to people you already have contact with.
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.
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 Finance With Sharan
However, affiliates are not paid within the system. 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.
Lastly, there is also an option to link your courses to a Shopify site. 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 even make membership subscriptions and charge accordingly. You can also sell your course as a bundle if you wish. 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!
Reporting and Analytics
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 currently in its infancy, and only the Start + Growth package has it.
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 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. Take for example, the data on Student engagement.
This data will allow you to view things like course enrollments and 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. Then it will be up to you to adjust accordingly. Thinkific Finance With Sharan
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 find the problem, you can then find an applicable solution without tearing your hair out.
This data is then shown as a chart and graph that makes it a lot easier to read and understand.
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.
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
|
With a platform that scales, optimize your workflow to create premium experiences.
|
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.
The Free plan is only good for making one course. 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 think you like using Thinkific and would like to proceed with the next big step in the right direction. Upgrade to this plan and your limitations are gone. You can 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
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 allows you to access bulk enrollments, making the enrollment process easier and quicker. You have priority email support and phone support. So you can have faster solutions given to you should different problems arise for your website. Thinkific Finance With Sharan
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. It provides the same features as the other Thinkific plans but also offers 10 Communities that make it easier for students to manage.
This plan provides five administrators who will help you manage your business.
Thinkific Plus
Some LMS services give clients and customers an option to create bespoke plans separate from the services’ basic plans. Their prices are not listed because customization may change the cost. The customization will affect the price.
This is 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 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:
- Unlimited Products
- Unlimited Administrators
- 3+ Separate Thinkific sites
- Service Level Agreement 99.9%
- Dedicate 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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Thoughtific Pros and Cons
Pros
- Thinkific does not take any transaction fees. When a sale occurs from your products, courses or memberships, funds are immediately available for withdrawal.
- Thinkific has a fully realized free plan. It has all the core features available and acts 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 Finance With Sharan
- 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
Overall, Thinkific is a good choice for course creation as well as course promotion. 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 Finance With Sharan
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.
You can see that Thinkific’s free plan is bold and understandable. This is not like other free plans of other products. However, there are still things you can do with it.
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. 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.
One thing to note, however, is that some experienced users might find Thinkific too simple for their taste. This is just my 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.
Finally, I believe Thinkific is lacking in the marketing department. 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.
It would be more convenient to have other payment options than Stripe or PayPal.
Not everything is bad. 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. This requires more effort than normal, but it is possible.
Thinkific Frequently Asked Questions Thinkific Finance With Sharan
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. This means you can create both courses, websites, or your overall brand within one seamless 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. You can do this on content such as video files, audio files, and PDFs. Your students can download these to their devices and access them even offline.
Who Owns the Content Published on Thinkific?
Any content built into the Thinkific Platform is the sole and exclusive property of the creators.
Thinkific has no intellectual property rights and will not claim them. Everything published and built on the platform belongs to its creators.