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Your CreativeMindClass Course Price Breakdown
We'd like to be fully open on how you could earn money from CreativeMindClass and the way we earn a income.
You've probably heard of an income stream that is passive. A method that is effective when well, you don't. We, at Creative Mind Class, believe that it's fundamental for artists who wish to teach 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. The first principle of an effective art-related business".
In contrast to other platforms for teaching that tell you how much you're likely make isn't as clear We want you to succeed and make sure you understand all elements before you get to work with us.
Being an artist and creative isn't easy. We've designed a pay-as-you-earn pricing model. We charge only when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this post we will break down each class's cost in great detail No more secrets about how much you earn on teaching with video classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you succeed.
- CreativeMindClass costs 8% of revenue share for classes which is 12% on classes with community feature and 16% of revenue share for classes with community feature with the CreativeMindClass increase sales kit. ( Note: Revenue share is not inclusive of processing fees charged by Stripe or the student invoicing cost.)
How much will you earn from your 100 EUR/USD video course?
Say, John is an artist and watercolor painter who is from the 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 space for teaching.
He's decided to start by starting small, and has chosen the price of the Basic option. After some hands-on work on the course, and with help by the CreativeMindClass team John's lessons on video are done and he's ready to upload them and it was decided to launch the course at $100 (incl. VAT).
The course will be available very soon... Hooray! One of John's Instagram followers, Nina, signs up to take the course! Nina lives in Germany so later on Johnhas to be paying German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown will look as follows:
- VAT in Germany = 19 percent
- Processing fee for Stripe payments is 4.4%
- Student invoicing fee for digital services 6percent
- CreativeMindClass Basic Fee for the Packge = 8percent
- John earns -> 63 percent of each course sold. It's easy and hassle-free.
To sum up: John earns $63 for each $100 class sold on CreativeMindClass.
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