New Product Reimagines Online Learning Community is available
Creators find new ways to engage and profit from audience
- The debut of Communities presents a completely novel product commercially feasible which lets developers develop and sell collaborative learning communities that integrate seamlessly with classes, and stand on their own as effective learning tools.
- 86 Students say that they benefit more through online courses with the learning communities that are attached.
- Communities is one in the collection of online education products which continues to increase its offerings and encompass the market.
Vancouver, BC, September 27th, 2022 - - Labs Inc. ("" or the "Company") (TSX: THNC)--the platform that is shaking the realm of knowledge by empowering creators to create products, sell and market online tools for learning -- has launched Communities the new software designed for learning that can help creators interact with, earn money from and maintain their audiences.
Communities transform a traditional solely-for-learning program into a community-based exchange. The product lets creators take control of their communities and create relationships with their brand in the spotlight. Through learning communities creators are able to drive engagement and generate sustainable income by using a range of strategies for selling, such as subscriptions to community-based memberships that are paid, bundles with courses, and even upsells of unique, pertinent material.
"We know that people that have communities in place earn higher and offer more opportunities to expand than those that don't have. Beginning with the introduction of Communities is an easy method to assist our clients succeed. The experience is one that students are eager to spend their money on, and it enhances our existing range of learning products," explained Aron Tremble, vice president of product for . "Communities are a reliable way of operating for the new economy of information. We're delighted to provide our clients with the resources to create better and long-lasting businesses," said Tremble.
Did you even know?
- $128.47 is the average monthly sum paid by people who purchase community memberships on the internet. *
- The majority of the students think they get more value when they take online courses which are accompanied by learning communities. **
- A majority of respondents stated that within a class or course that they've gained as much from their community of students in the same way as from their teacher who taught them. *
"For people who are part of the economy of knowledge, as I am, the success of the businesses we operate is dependent on the shared spaces for learning we design specifically for students. For me, Communities means an inclusive and rounded atmosphere for all of my students. This collaborative setting lets students with a variety of types of learning to collaborate and support each other, and it can also be a major revenue generator for me and my company." stated Latasha James, creator and founder of the Online Business Launch Lab.
Communities offers a fresh and not yet explored opportunity for online education businesses. Contrary to other online communities Creators can now have total control of a space that is safe and comfortable to learn in. Their audience can connect and engage with them, under their own personal branding. Additionally, creators are able to directly monetize their audiences by offering or bundling memberships. This is a further option to extend beyond online classes and consequently the total market that can be addressed.
* has partnered with survey panel business, Centiment, to conduct an investigation of more than 1,000 Americans who are over 18 years old to examine the ways they use online communities for learning and educational purposes. Centiment has begun to complete the ESOMAR 28.
** has partnered with survey panel companies, Centiment in order to undertake a study on more than 2,285 individuals who have purchased an online course across both the US as well as Canada for the purpose of helping understand the value for online learning community for education today. Centiment has successfully completed ESOMAR 28.
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