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Your CreativeMindClass cost breakdown
We want to be fully honest about how you would earn money from CreativeMindClass and the way we earn our income.
You've probably heard of an income stream that is passive. Something that works when, well, you don't. Creative Mind Class Creative Mind Class, believe that this is essential for those who want to teach online. Learn more about the benefits of passive income , you can read in the article "Passive income for artists. The first step to a successful art business".
In contrast to other platforms for teaching in which the amount you'll be able to earn is less straightforward We want for you to achieve success by understanding everything before going into business with us.
Making a living as an artist and creative can be tough. We've designed a pay-as-you-earn pricing model. You only pay once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this article, we break down each class's cost in great detail No more secrets about what you make 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.
- We charge only when you are successful.
- CreativeMindClass charges 8% revenue share for classes which is 12% on classes featuring a community component and 16% of revenue share for classes with community feature with the CreativeMindClass increase sales kit. ( Note: Revenue share doesn't include processing fees which are charged by Stripe or the student invoicing fee.)
What is the amount you will make from your USD/EUR 100 online course?
Let's say that John is an artist and watercolor artist who is from America. United States and wants to create a beginner's course on the topic. He's picked CreativeMindClass because of the flexibility the company gives him in creating his own space for teaching.
He's decided to start small so he's opted for the basic pricing. After a few hours of hands-on learning about the course, with support by the CreativeMindClass team John's videos have been completed and are in the process of uploading them. the decision was made to begin selling the course for $100 (incl. VAT).
Soon... hooray! A John's Instagram followers, Nina, signs up for the course! Nina is based in Germany which means that later Johnhas to be paying German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks as follows:
- The VAT rate for Germany = 19 percent
- Payment processing fees for Stripe -> 4%
- Invoicing for students using digital services 6.6%
- CreativeMindClass Basic Fee for the Packge = 8%
- John earns -> 63% of every course that is sold.
In the end: John earns $63 for each $100 class sold on CreativeMindClass.