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Your CreativeMindClass course price breakdown
We'd like to be 100% honest on how you could earn money from CreativeMindClass and the way we earn our salary.
Perhaps you've heard about passive income. It's a method of earning money when well, you don't. Creative Mind Class Creative Mind Class, believe that this is essential for artists to offer online classes. For more information on the advantages of passive income , you can read in the article "Passive income for artists. Delegate -the primary step to a successful art-related business".
Contrary to other educational platforms, where how much you're going make isn't as clear, we want you to be successful and ensure that you are aware of all elements before you get to work with us.
Earning a living as a creative and an artist can be tough. This is why we developed the pay-as-you-earn model. You only pay when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this post, we break down each class's cost in great detail No more secrets about what you make giving video-based classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you are successful.
- CreativeMindClass charges 8% revenue share on classes, or 12% of revenue share on classes featuring a community component or 16% of revenue share for classes that include a community component with the CreativeMindClass booster sales kit. ( Note: Revenue share is not inclusive of the processing charges which are charged by Stripe or the student invoicing cost.)
How much will you make from your USD/EUR 100 online course?
Say, John is a watercolor artist who is from America. United States and wants to create a beginner's class on the subject. He's picked CreativeMindClass because of the flexibility he gets in building his own classroom.
The course is going to be with a small amount, so he's chosen the Basic pricing option. After a few hours of hands-on learning about the course, with support from the CreativeMindClass team John's lessons on video are done and he's prepared to publish them. it was decided to launch the course for $100 (incl. VAT).
Soon... Hooray! A John's Instagram fans, Nina, signs up for the course! Nina is based in Germany so later on Johnhas to have to pay German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown will look as follows:
- The VAT rate for Germany = 19%
- Processing fee for Stripe payments is 4.4%
- Invoicing for students using digital services -> 6%
- CreativeMindClass Basic Fee for the Packge = 8%
- John earns 63 percent of each course sold, hassle-free.
For a summary: John earns $63 on each of his $100 class sold on CreativeMindClass.