VANCOUVER, BC, Oct. 4, 2023
/PRNewswire/ - Thinkific Labs Inc. ("Thinkific") (TSX: THNC), a
leading platform for creating, marketing, and selling
online learning products, today announced the launch of 'The
Leap by Thinkific' ("The Leap"), a powerful AI tool for content
creators and influencers to build, promote and sell exceptional
digital products in record time.
Thinkific first launched The Leap, as a media property
starting on TikTok, in 2022, as a way to reach more Creators,
earlier in their journey. In the last 18 months, The Leap has grown
to become the world's most popular media property focused on
Creator monetization, with over 150,000 visits a month, 50,000
newsletter subscribers and millions of video views on social
media.
Powered by AI, The Leap's first-of-its-kind digital product
authoring tool allows Creators to input a content idea and, in just
a few clicks, generate comprehensive drafts for digital products
like mini courses, guides and tutorials, all designed to be
consumed on mobile and feel intuitive to social audiences.
"The Leap opens the door, allowing Creators like me to very
quickly and intuitively transform my ideas into digital learning
products," said Katarina Terentieva,
Entrepreneur & Creative Director. "It's a powerful tool that
lets me do in minutes what used to take weeks or months - creating
new products, growing my audience and making sales."
Additional features of The Leap's new Creator tool include:
- AI Powered Content Generation: Digital products are
generated quickly and easily via Creator ideas
- Integrated Storefront: Creators can easily generate
dedicated storefronts and individual sales pages to showcase and
sell digital products or utilize as lead magnets.
- Mobile-Optimized E-Commerce: All Leap products and
storefronts are optimized specifically for mobile purchasing,
catering to the modern consumer and social audiences.
"At Thinkific we are focused on solving big problems for
Creators to make it easier to start and scale their businesses. The
Leap does just that - giving Creators a quick way to build and sell
digital products - leveraging Thinkific's innovative AI and mobile
learning experience," commented Greg
Smith, CEO at Thinkific. "I'm really excited to share this
with customers who have been struggling to get their first or next
product off the ground and start making sales. The Leap makes it so
much easier and faster. This opens up a new segment of our market
for Thinkific to serve. There are 44 million Creators with over 10
thousand followers. The Leap enables them to convert their
followers into customers."
To learn more about The Leap by Thinkific, please
visit www.theleap.co
About Thinkific
Thinkific (TSX:THNC) makes it simple for Creator Educators and
established businesses of any size to scale and generate revenue by
teaching what they know. Our Platform gives businesses everything
they need to build, market, and sell digital learning products -
from courses to communities - and to run their business
seamlessly under their own brand, on their own site. Thinkific's
50,000+ active creators earn hundreds of millions of dollars in
direct course, membership and community sales while teaching tens
of millions of students. Thinkific is headquartered in Vancouver, Canada, with a distributed
team.
For more information, please visit www.thinkific.com.
This news release includes forward-looking statements and
forward–looking information within the meaning of applicable
securities laws ("forward-looking statements"). Often, but not
always, forward–looking information can be identified by the use of
words such as "plans", "is expected", "expects", "scheduled",
"intends", "contemplates", "anticipates", "believes", "proposes" or
variations (including negative and grammatical variations) of such
words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking statements in this news release include
statements regarding the Company's launch of an AI-powered product
through its affiliated brand, The Leap and the anticipated benefits
for the Company's customers including the ability to engage,
monetize and retain their audience; expectations related to
increased adoption and retention of Thinkific's platform and other
products; the Company's business strategy, plans and objectives,
industry trends; industry growth; the Company's growth and growth
strategies, competitive advantage, addressable markets for its
solutions; capturing market share; advances in and expansion
of the Company's product offerings; the development and success of
new products and services; expectations regarding revenue and the
revenue generation potential of the Company's platform and other
products. Such statements and information are based on the current
expectations of Thinkific's management, and are based on
assumptions and subject to risks and uncertainties. Although
Thinkific's management believes that the assumptions underlying
these statements and information are reasonable, they may prove to
be incorrect. Except as required by applicable securities laws,
forward–looking statements and information speak only as of the
date on which they are made and Thinkific undertakes no obligation
to publicly update or revise any forward–looking statement or
information, whether as a result of new information, future events
or otherwise.

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SOURCE Thinkific Labs Inc.