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Your CreativeMindClass cost breakdown
We want to be fully open about how you would make money with CreativeMindClass and the way we earn our income.
Perhaps you've heard about an income stream that is passive. A method that is effective when well, you don't. Creative Mind Class Creative Mind Class, believe it's essential for those who want to teach online. More about the benefits of passive income you can 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 business".
Contrary to other educational platforms, that tell you how much you're likely to earn is less straightforward We want for you to achieve success by understanding all elements before you get involved with us.
Being an artist and creative can be tough. That's why we created the pay-as-you-earn model. You only pay for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this piece we will break down each class's cost in great detail There are no secrets to what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you succeed.
- CreativeMindClass offers 8% revenue share for classes or 12% of revenue share on classes featuring a community component, or 16% of revenue share for classes with community feature with the CreativeMindClass boost sales kit. ( Note: Revenue share doesn't include processing fees that are charged by Stripe as well as the student invoice fee.)
How much can you make from your USD/EUR 100 video course?
Let's say that John is a watercolor painter in America. United States and wants to create a beginner's course on the topic. John has chosen CreativeMindClass to enjoy the flexibility that he gets in building his own space for teaching.
The course is going to be with a small amount, so he's chosen the Basic pricing option. After some hands-on work on the course, with support by the CreativeMindClass team John's videos have been completed and are ready to upload them and the decision was made to begin selling the course for $100 (incl. VAT).
The course will be available very soon... hooray! A John's Instagram followers, Nina, signs up to take the course! Nina is based in Germany which means that later Johnhas to have to pay German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks as follows:
- VAT for Germany -> 19%
- Processing fee for Stripe payments -> 4percent
- Fee for student invoicing on digital services -> 6percent
- CreativeMindClass Basic Cost of the pack is 8.8%
- John earns -> 63% of each course sold. It's easy and hassle-free.
For a summary: John earns $63 per $100 class sold on CreativeMindClass.