Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass course price breakdown
We would like to be completely open regarding how you can make money with CreativeMindClass and how we earn a living.
Surely you have heard about passive income. Something that works when, actually, you don't. We, at Creative Mind Class, believe that it's fundamental for those who want to instruct online. Learn more about the advantages of passive income you can find in our article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -- the first step to a successful art-related business".
In contrast to other platforms for teaching where how much you're going make isn't as clear and we'd like you to be successful and ensure that you are aware of all elements before you get involved with us.
Earning a living as an artist and creative isn't easy. We've designed an income-based model that pays as you earn. We charge only once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this piece, we break down the class price in detail There are no secrets to the amount you can earn from giving video-based 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 only charge for the time you are successful.
- CreativeMindClass costs 8% of revenue share for classes or 12% revenue share for classes that have a community feature as well as 16% share of the revenue for classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share does not include the processing charges which are charged by Stripe as well as the student invoice fee.)
What is the amount you will earn for your 100 USD/EUR training course?
Say, John is a watercolor painter from America. United States and wants to develop a basic tutorial on the subject. He's picked CreativeMindClass for the freedom the company gives him in creating his own space for teaching.
The course is going to be with a small amount, so he's chosen the price of the Basic option. After some hands-on work on the course, with support from the CreativeMindClass team John's lessons on video are complete and prepared to publish them. the decision was made to begin selling the course at $100 (incl. VAT).
Soon... hooray! The one of John's Instagram fans, Nina, signs up for the course! Nina lives in Germany so later on Johnhas to have to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
Final price break-down will look as follows:
- VAT for Germany = 19 percent
- Stripe payment processing fee is 4.4%
- Fee for student invoicing on digital services -> 6.6%
- CreativeMindClass Basic Packge fee -greater than 8percent
- John earns -> 63 percent of each course sold, hassle-free.
For a summary: John earns $63 on each of his $100 class that is sold on CreativeMindClass.