Make more money from video lessons The CreativeMindClass Blog
Your CreativeMindClass Course Price Breakdown
We'd like to be fully honest on how you could earn money using CreativeMindClass as well as how we make money.
Perhaps you've heard about an income stream that is passive. Something that works when, actually, you don't. At Creative Mind Class, believe that this is essential for those who want to instruct online. More about the benefits from passive income can be learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary principle of an effective art-related business".
Contrary to other educational platforms, that tell you how much you'll to earn is less straightforward and we'd like you to be successful and ensure that you are aware of all elements before you get into business with us.
Being a creative and an artist can be tough. That's why we created an income-based model that pays as you earn. We charge only once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this post we will break down the class price in detail, no more secrets of how much you earn on teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you achieve.
- CreativeMindClass offers 8% revenue share on classes, or 12% of revenue share on classes featuring a community component as well as 16% revenue share on classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share doesn't include processing fees which are charged by Stripe as well as the student invoice cost.)
What is the amount you will make for your $100 USD/EUR video course?
"Say, John is an artist and watercolor painter from America. United States and wants to design a beginners' class on the subject. He's picked CreativeMindClass because of the flexibility it gives him to create his own teaching space.
He's decided to begin with a small amount, so he's chosen the price of the Basic option. After some intensive work on the course, with support from the CreativeMindClass team John's lessons on video have been completed and are in the process of uploading them. the decision was made to begin selling the course for $100 (incl. VAT).
Very soon... hooray! The one of John's Instagram followers, Nina, signs up for 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.
Final price break-down looks as follows:
- VAT in Germany = 19 1 %
- Stripe payment processing fee is 4%
- Invoicing for students using digital services = 6.6%
- CreativeMindClass Basic Packge fee -more than 8.8%
- John earns 63% of every course sold, hassle-free.
To sum up: John earns $63 for each $100 classes sold through CreativeMindClass.