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Your CreativeMindClass course price breakdown
We'd like to remain 100% honest on how you could earn money from CreativeMindClass as well as the method we earn our salary.
Perhaps you've heard about passive income. It's an approach to earning income even though it's not your intention. Creative Mind Class Creative Mind Class believes that it is a must for artists to provide online classes. To learn more about the advantages of passive income, you can read in the article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate is the first step towards the success of a business related to art. ".
Contrary to other educational platforms that the sum you're going make isn't as clear, we want you to be successful and ensure that you are well-informed about all aspects before you join us.
Being an artist or a creator isn't easy. This is the reason we created the pay-as you-earn model. Pay only when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this article we breakdown each course's price in detail. No more secrets about what you make giving video-based classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started using pay-as-you-earning pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- We only charge when you're successful.
- CreativeMindClass is charged 8% of revenue share on all classes that include community components, which amounts to 12percent of the revenue share on classes featuring the community component, or 16% revenue portion for classes that have an element of community in the CreativeMindClass booster kit for sales. ( Note: Revenue share does not take into account the processing costs that are charged by Stripe as well as the student invoice cost.)
How much money will you get from your USD/EUR 100 online class?
Say, John is an artist who paints watercolors hailing originally from America. United States and wants to make a beginners' tutorial in the field. He's chosen CreativeMindClass for the ease of use that he can build the classroom of his choice.
The course is expected to include a minimal amount, so he's chosen the Basic pricing option. After just a couple of hours of learning hands-on about the course, and with help from the CreativeMindClass team John's lessons using video have been recorded and he's prepared to publish the lessons. It was decided to start the course for just $100 (incl. VAT).
Soon... Hooray! 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 tax.
CreativeMindClasses's automated pricing system does the math for everyone.
Final price break-down will look like this:
- The VAT rate for Germany = 19%.
- The processing fee for payments made through Stripe is 4.4 per cent.
- Invoicing of students using digital services 6%
- CreativeMindClass The Basic Fee for the Packge is 8percent
- John receives an average of 63 percent of the courses that is sold. It's easy to purchase.
To summarize: John is paid $63 from each $100 classes sold through CreativeMindClass.
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