Earn more on video classes The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We'd like to be fully transparent regarding how you can earn money using CreativeMindClass as well as how we make a salary.
You've probably heard of the concept of passive income. A method that is effective when well, you don't. We, at Creative Mind Class, believe it's essential for artists who wish to instruct online. Learn 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 art business".
Unlike other teaching platforms where how much you're going to earn is less straightforward and we'd like you to succeed by understanding the entire process before getting involved with us.
Earning a living as a creative and an artist can be a challenge. That's why we created the pay-as-you-earn model. 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 each class's cost in great detail No more secrets about how much you earn on teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you succeed.
- CreativeMindClass charges 8% revenue share on classes, or 12% of revenue share for classes that have a community feature or 16% share of the revenue for classes that have a community feature when you purchase the CreativeMindClass boost sales kit. ( Note: Revenue share doesn't include the processing charges which are charged by Stripe or the student invoicing cost.)
What is the amount you will make from your USD/EUR 100 online course?
"Say, John is a watercolor artist in the United States and wants to create a beginner's course on the topic. He's picked CreativeMindClass for the freedom the company gives him in creating his own space for teaching.
The course is going to be small so he's opted for the Basic pricing option. After some hands-on work on the course, with support from the CreativeMindClass team, John's video lessons are done and he's prepared to publish them. the decision was made to begin selling the course at $100 (incl. VAT).
Very soon... cheers! One of John's Instagram fans, Nina, signs up to take the course! Nina lives in Germany which means that later Johnhas to be paying German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The price breakdown at the end of the day looks as follows:
- VAT for Germany -> 19%
- Processing fee for Stripe payments is 4.4%
- Student invoicing fee for digital services 6.6%
- CreativeMindClass Basic Packge fee -> 8.8%
- John earns 63 percent of each course that is sold.
In the end: John earns $63 for each $100 class sold on CreativeMindClass.
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