New Product Reimagines Online Learning Community is available

Sep 29, 2022

Creators find new ways to profit and engage with audience

  • The first release of Communities offers a brand new product that is commercially viable that allows developers to create and sell learning communities that seamlessly integrate with classes, and stand on their own as effective learning tools.
  • The students say they benefit more through online courses with the learning communities attached.
  • Communities is part of the range of education online products that continues to expand its options and cover the marketplace.

Vancouver, BC, September 27th, 2022 - - Labs Inc. ("" or the "Company") (TSX: THNC)--the platform which is changing the face of education through empowering creators to develop products, market and sell online educational tools- has launched Communities the brand new application designed specifically to help creators interact with, generate revenue from , and keep their audience.

Communities convert a typical solely-for-learning program into a community-based exchange. It allows creators to make their communities their own and build relationships that put their own brand that is in the spotlight. By creating learning communities, they can drive participation and create sustainable revenue using a range of strategies to sell, including memberships in community-based communities which are paid for or bundles of courses as well as upsells for unique relevant content.

"We are aware that those who have community-based organizations in place, earn higher and offer more opportunities to expand over those who don't. The Community launch can be a great way to assist our clients succeed. This is an experience students want to invest their money on, and also enhances our current selection of products for learning," explained Aron Tremble the vice-president of product for . "Communities can be a trusted method of operating for the new market of information. We're thrilled to supply our clients with the resources for building better and lasting businesses," said Tremble.

Did you even know?

  • $128.47 is the monthly average sum paid by those who buy community memberships through the web. *
  • A majority of students believe that they will gain more value when they take online courses that are followed by learning communities. **
  • A majority of respondents stated they've learned from a class or course they've learned the most from their group of fellow students in the same way as from their teacher who taught them. *

"For individuals who form part of the economy of knowledge as I am, the growth of the companies we run is dependent upon the communal spaces designed specifically for our students. To me, Community means an environment that is inclusive and well-rounded for my students of all ages. This collaborative setting lets students from a range different learning styles cooperate and assist each other, and it is also a huge revenue generator for me and my organization." declared Latasha James, who is the creator and co-founder of the Online Business Launch Lab.

Communities presents a unique and unexplored opportunity to online educational businesses. Contrary to other online communities Creators have now complete control of a space that is safe and comfortable to study within. Their audience can connect and engage with them, under their personal brand. Additionally, creators are able to directly earn money from their followers through offering memberships or bundles. This is a further option to extend beyond classes online and, consequently, the total market that can be addressed.

* has joined forces with survey panel business, Centiment, to conduct an examination of over 1,000 Americans with a minimum age of 18 years old , to study how they utilize online communities for learning and educational reasons. Centiment is beginning to finish its ESOMAR 28.

** has partnered with companies that conduct surveys, Centiment in order to undertake a study on more than 2,285 individuals who have purchased an online course in the US and Canada to aid in understanding the importance of an educational online communities currently. Centiment is pleased to have completed ESOMAR 28.

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