Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass Course Price Breakdown
We want to be completely open regarding how you can earn money from CreativeMindClass and the way we earn a living.
You've probably heard of the concept of passive income. It's a method of earning money when it's not. At Creative Mind Class, believe that this is essential for artists to teach online. More about the benefits of passive income you can find in our article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary rule of a thriving business in the art industry".
Unlike other teaching platforms where how much you're going make isn't as clear We want for you to achieve success and ensure that you are aware of everything before going to work with us.
Being 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 article, we break down the class price in detail No more secrets about what you make instructing with video classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when we achieve.
- CreativeMindClass costs 8% of revenue share for classes which is 12% on classes featuring a community component, or 16% of revenue share for classes that include a community component with the CreativeMindClass boost sales kit. ( Note: Revenue share is not inclusive of the processing fee charged by Stripe as well as the student invoice cost.)
What is the amount you will earn from your 100 EUR/USD online course?
"Say, John is a watercolor painter from America. United States and wants to create a beginner's class on the subject. He's chosen CreativeMindClass because of the flexibility the company gives him in creating his own teaching space.
He's decided to start by starting small, and has chosen the basic pricing. After some intensive work on the course, with support by the CreativeMindClass team, John's video lessons have been completed and are in the process of uploading them. he decided to start selling the course at $100 (incl. VAT).
Very soon... hooray! The one of John's Instagram fans, Nina, signs up for the class! Nina is located in Germany and, as such, Johnhas to be paying German VAT.
CreativeMindClasses's automated pricing system does the math for everyone.
The price breakdown at the end of the day looks like this:
- VAT for Germany = 19%
- Payment processing fees for Stripe = 4%
- Student invoicing fee for digital services 6.6%
- CreativeMindClass Basic Packge fee -> 8%
- John earns 63% of each course that is sold.
To sum up: John earns $63 per $100 class sold on CreativeMindClass.