Are you looking forward to monetizing through the creation of an online course? The Learning Management System (LMS), Content Management System (CMS), and Online Community Management System (OCMS) capabilities of Mighty Networks, which is the market-leading platform, will be the primary focus of this review.

By fusing the advantages of online learning with those of participation in a community, Mighty Networks is at the forefront of a revolution that is taking place within the e-learning industry. This is something to keep in mind no matter what stage your internet business is now in, whether it is well-established or in its infancy.

Read further to learn more about Mighty Networks, in our review we will detail its features, pros and cons with our rating, and a conclusion about why you should use it.

Click on “open” if you want to see exactly what we will talk about in the rest of this article.

For most people, the desire for ownership is what drives them to create communities on Mighty Networks (MN). Social media makes it easy to connect with new people and raise awareness of your business. It has critical features required to successfully monetize an audience or encourage substantial participation from community members, especially new clients. Mighty Networks could be useful for people who want to make a community and money. The plan is to make it easy for anyone to start their own Facebook Group and on other social media platforms and online communities.

It serves the purpose of a learning management system and fosters the expansion of a following of prospective students who are interested in the subject. Your business is able to host its community, website, and even its online courses in a single location when it uses Mighty Networks as its platform of choice. When marketing and selling online courses to a target audience that is highly focused and attentive, combining instructional content and social media can be a successful technique for marketing and selling online courses.

There is a very slight learning curve associated with using this online community platform; nevertheless, getting up to speed won’t take too much time at all. It is possible that you will be able to gain a firm handle on the fundamentals in a pretty short length of time, and once you have done so, you will be able to immediately begin applying them in helpful ways. Because it is so easy to comprehend and implement, nearly anyone can pick it up, and as soon as they do, they can immediately begin putting it to use in their own life. This is because it is so straightforward.

Mighty Networks specifications

Mighty Networks pricing offers three Plans with a 14-day free trial option available as well. A credit card is not required to avail of the free trial version. Premium subscriptions start from the Community Plan for $33 each month Business Plan for $99 each month Mighty Pro, the price of which depends upon the subscriptions and customizations. Apart from the free trial, there is no free plan. The inclusion of each plan is given below.

Mighty Networks pricing plans

The Community Plan ($33/month):

• The best option for a beginner
• Native Livestreaming & Video
• Chat & Messaging
• Events & Zoom Integration
• Paid Memberships
• Free trial with no credit card required

The Business Plan ($99/month):

• Most popular
• All features of the Community Plan, Plus
• Online Courses
• Live Cohort Course Creation
• Analytics & Member Data
• Zapier APIs & Workflows
• Free trial with no credit card required

Mighty Pro (Price subjected to customization):

• Best for brands
• All the features in the Business plan plus
• Own mobile app as for iOS & Android available in Apple/Google Play Store
• Branded App Notifications
• White-labeled web and mobile app experience
• Strategy and Migration Services & Support

Analytics

Correct and timely data analytics are crucial to the success of any e-learning business. They provide invaluable insight into the sales realm, allowing you to better organise your business and hone your sales tactics as a result.

For instance, a sales funnel analysis can show you how many potential customers you’re losing at each stage of the sales process. If you work in e-learning or administration, analytics can provide insight into student behaviour and course outcomes, allowing you to quickly identify and address any issues or knowledge gaps that may be hindering your students’ progress.

Therefore, if you want to learn how to monetize your courses and grow your business, you should be here. By embedding the Google Analytics Pixel on your site, you can track the success of your Facebook ads and learn more about your audience’s online activities.

You may instantly obtain an overview of member retention, growth, and activity rates from your Host Analytics Dashboard, or you can drill into the data to any depth you like.

MultiCurrency Options

Prospective members can pay with a choice of easy options, including a wide range of currencies and payment methods, after settling on a membership tier. Mighty Networks’ integration with the Stripe payment platform streamlines the onboarding and renewal processes for new members. You can choose how to monetize your audience using Mighty Networks’ configurable monetization solutions. You can charge new members who want to join your community a one-time fee or regular membership dues.

It is possible to monetize a Mighty Networks instance in a similar way by charging users to access the entire instance or for certain pieces of content. Mighty Networks can also be used to create hidden strategies. As a result, you may send a customized invitation to your target audience at a price that is specifically tailored to them.

Course Builder

The course builder is an essential piece of course creation software. Mighty Networks’ course editor is simple, yet it allows you a lot of control over how your courses look. The competitive course builder is Podia’s course builder, and Teachable and Thinkific are worth mentioning as well.

A Mighty Networks course is made up of modules and lessons. Images, movies, documents, and even code can all be incorporated in certain lectures. Text, bulleted lists, and numbered lists can all be included. As seen in the prior example, the components are sorted strictly in ascending order.

However, with Mighty Networks, you may specify whether photos and videos should fill the entire screen or be centered, to the left, or to the right. Changes can also be made to the font, background, and heading colors of the text. One of the various benefits of using Mighty Networks is the ability to give separate segments of your course unique names.

Creators that have an online following and are interested in monetizing that following have access to a wide variety of options from which to pick. Each and every one of these channels offers one-way contacts, such as the distribution of unique content or the sale of things, which, in turn, increases the likelihood that viewers will become paying customers.

Mighty Networks employs a business model that is considerably more collaborative than those of its rivals. Even while you may count on a steady revenue from membership dues and tuition, you shouldn’t put your readers’ and students’ interests in jeopardy.

Make use of their no-cost model in order to gain a sense of the LMS; if you like what you see, the trial period is a total of 14 days long. Despite being a significant amount higher than the monthly premium that is charged by other LMS systems that are comparable, the price is still acceptable.