Look Who it Was Random video

Payment Plans, Revenue Sharing, and More Features for Online Courses

3,050 views · Published 9 March 2016 · 5:57 · Indexed 4 October 2026

Channel: Thinkific · 2016 · Education

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Transcript:

All right, we are here at Thinkific headquarters and we’re talking about some awesome new features that we’ve rolled out for you. We are constantly at work here trying to listen to your feedback and I know if you're in our Facebook group you know that we listen and make a better product for you to help you with your online courses.

So one of the first things I wanted to mention to you was additional pricing and payment plans and they kind of work together. Now, you could always create multiple prices for a course in the past on Thinkific, but we've made it super easy. So now when you go to price your course, there is a little button there for additional pricing. And once you have added a price, you can add another price and so you can sell your course at two different price points.

Usually people use this to have, say, a one-time fee and a monthly subscription or you can combine with another new feature, payment plans so you could do something like a one-time fee and the payment plan. Payment plan is subscription that ends after a period of time but you can still give people continued access to the course. So, for example, you could sell your course for $1000, or three equal payments of $400 each and they will pay them once a month for three months and then they're done paying but they have access to the course for as long as you want them to.

Now I have actually been wanting payment plans for ages for my own online course because I constantly hear from people that they are waiting on that next paycheck and they can put a portion of it down now and pay the rest later. So opening up payment plans really gives people the opportunity to buy your course right now.

One of the other things that we have put in is the ability to track and share revenue with co-instructors. So what this does is for any product that you have created, any course, you can actually assign a revenue percentage to other people; it can be multiple people. And it will actually track and split up that revenue between those people and essentially handles reporting for you so you can see detailed reporting about the sales that you're making and the portions of revenues and how they are split. And when you're ready to make payments, you can record payments so that you know they have gone out and those payments are taken care of.

So if you're co-creating courses or looking to co-create courses, definitely check out the revenue sharing. If you aren't, it can be a great idea to reach out to other people in your industry and talk about co-creating courses with them.  You may even have them create the course entirely and you're just handling the marketing, or vice versa and then you can share the revenue that way.

Another thing we've got is the ability for you to change your site’s language. This is full localization, if you want to switch your whole site over to German, one click and you've got a German site. Very easy to do, we've got a bunch of languages already in there for you and if you're looking for more, just let us know.

Another one is just making it easier for you to upload content. We already have our bulk importer we can go into the course builder and just drag and drop all of your videos and PDFs and audio files and it will automatically build the course.  But we've also added the ability to upload from the cloud, so whether you're using Google drive or blogs or Dropbox or other cloud hosting services, even FTP, you can do that from the video library and you can just suck in all of that content, so you don't have to worry about downloading it and then re-uploading it to Thinkific. It should make it a lot easier for you to bring that content in.

Another one is we have a direct integration with Infusionsoft, now.  We've had an integration with Infusionsoft through Zapier for quite some time but now we actually have that direct integration with Infusionsoft, so you can pass that information over to Infusionsoft, you can create tags, you can create contacts and I definitely recommend checking that out if you're an Infusionsoft user.  Thinkific combined with Infusionsoft creats a really powerful marketing engine for your online courses.

Tons of other little fixes that are going on just based on lots of feedback that we are collecting. So you might see some minor little tweaks to our user experience, all about making things easier for you and it's all based on your feedback. Thanks so much for giving us all that wonderful feedback, giving us great ideas for how we can make Thinkific better.  I hope you keep it coming and we'll keep doing our best to build a wonderful product for you to support you and your online courses.

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