Make more money from video lessons - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We would like to be completely honest about how you would earn money using CreativeMindClass as well as how we make a living.
Perhaps you've heard about the concept of passive income. Something that works when, it's not. We, at Creative Mind Class, believe that this is essential for artists who wish to instruct online. For more information on the advantages of passive income , you can learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -- the first step to a successful business in the art industry".
In contrast to other platforms for teaching that tell you how much you'll earn is not as straightforward, we want you to be successful and make sure you understand everything before going into business with us.
Being an artist and creative can be tough. 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 breakdown the class price in detail, no more secrets of the amount you can earn from giving video-based classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass costs 8% of revenue share on classes, or 12% of revenue share on classes featuring a community component as well as 16% share of the revenue for classes with community feature with the CreativeMindClass increase sales kit. ( Note: Revenue share doesn't include processing fees that are charged by Stripe and the student invoicing fee.)
How much will you earn for your 100 USD/EUR online course?
"Say, John is an artist and watercolor artist in the United States and wants to develop a basic class on the subject. He's picked CreativeMindClass for the freedom the company gives him in creating his own teaching space.
He's decided to start with a small amount, so he's chosen the Basic pricing option. After some intensive work on the course, with support from the CreativeMindClass team, John's video lessons are complete and prepared to publish them. he decided to start selling the course for $100 (incl. VAT).
Very soon... cheers! One of John's Instagram fans, Nina, signs up for the course! Nina is located in Germany which means that later Johnhas to be paying German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price appears as follows:
- The VAT rate for Germany 19% for Germany 19 percent
- Processing fee for Stripe payments is 4.4%
- Fee for student invoicing on digital services 6%
- CreativeMindClass Basic Packge fee -> 8percent
- John earns 63% of every course sold. It's easy and hassle-free.
For a summary: John earns $63 per $100 class sold on CreativeMindClass.