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Your CreativeMindClass cost breakdown
We would like to be 100% honest regarding how you can earn money from CreativeMindClass and how we make a living.
Surely you have heard about passive income. Something that works when, well, you don't. Creative Mind Class Creative Mind Class, believe that it's fundamental for artists to teach online. For more information on the advantages of passive income you can find in our article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -- the first rule of a thriving art-related business".
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 into business with us.
Making a living as an artist and creative can be a challenge. That's why we created 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 article we will break down each class's cost in great detail No more secrets about what you make instructing with video classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- Only for the time you are successful.
- CreativeMindClass costs 8% of revenue share on all classes, which is 12% on classes featuring a community component and 16% revenue share on classes with a community component that are sold with the CreativeMindClass booster sales kit. ( Note: Revenue share is not inclusive of the processing fee that are charged by Stripe as well as the student invoice fee.)
How much will you make for your $100 USD/EUR video course?
Say, John is a watercolor artist who is from the United States and wants to create a beginner's class on the subject. John has chosen CreativeMindClass to enjoy the flexibility that he gets in building his own space for teaching.
He's decided to start with a small amount, so he's chosen the basic pricing. After a few hours of hands-on learning about the course and support from the CreativeMindClass team John's lessons on video are done and he's in the process of uploading them. the decision was made to begin selling the course at the price of $100 (incl. VAT).
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 have to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price will look like this:
- VAT in Germany = 19 1 %
- Payment processing fees for Stripe -> 4percent
- Fee for student invoicing on digital services -> 6percent
- CreativeMindClass Basic Packge fee -greater than 8%
- John earns -> 63 percent of every course sold. It's easy and hassle-free.
In the end: John earns $63 on each of his $100 class that is sold on CreativeMindClass.