Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass course price breakdown
We want to be 100% transparent regarding how you can make money with CreativeMindClass and how we earn our income.
Perhaps you've heard about the concept of passive income. It's a method of earning money when well, you don't. At Creative Mind Class, believe that this is essential for artists who wish to teach online. Learn more about the benefits of passive income , you can learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary step to a successful business in the art industry".
Contrary to other educational platforms, in which the amount you'll be able make isn't as clear, we want you to be successful by understanding the entire process before getting involved with us.
Being an artist or a creator can be a challenge. We've designed the pay-as-you-earn model. You only pay once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this post, we break down the cost of a class in depth There are no secrets to what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass charges 8% revenue share for classes or 12% revenue share on classes with community feature, or 16% share of the revenue for classes with community feature with the CreativeMindClass boost sales kit. ( Note: Revenue share is not inclusive of processing fees charged by Stripe as well as the student invoice fee.)
How much will you earn from your 100 EUR/USD online course?
Say, John is an artist and watercolor artist from America. United States and wants to create a beginner's class on the subject. He's chosen CreativeMindClass for the freedom the company gives him in creating his own space for teaching.
He's decided to begin by starting small, and has chosen the price of the Basic option. After some hands-on work on the course and support by the CreativeMindClass team, John's video lessons have been completed and are in the process of uploading them. the decision was made to begin selling the course at $100 (incl. VAT).
The course will be available very soon... Hooray! The one of John's Instagram followers, Nina, signs up to take the course! Nina is located in Germany which means that later Johnhas to have to pay German VAT.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks like:
- The VAT rate for Germany -> 19 percent
- Payment processing fees for Stripe is 4.4%
- Fee for student invoicing on digital services -> 6percent
- CreativeMindClass Basic Fee for the Packge = 8percent
- John earns -> 63% of each course sold. It's easy and hassle-free.
To sum up: John earns $63 for each $100 classes that are sold on CreativeMindClass.
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