Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We would like to be 100% honest on how you could make money with CreativeMindClass and the way we make a income.
You've probably heard of the concept of passive income. It's a method of earning money when actually, you don't. At Creative Mind Class, believe that this is essential for those who want to teach online. More about the benefits from passive income can be read in the article "Passive income for artists. The first rule of a thriving art business".
Unlike other teaching platforms where how much you're going to make isn't always clear, we want you to succeed by understanding the entire process before getting into business with us.
Making a living as a creative and an artist can be tough. This is why we developed an income-based model that pays as you earn. Only for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this piece, we break down the cost of a class in depth No more secrets about the amount you can earn from 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.
- Only when you achieve.
- CreativeMindClass charges 8% revenue share on classes, which is 12% for classes that have a community feature, or 16% revenue share on classes that include a community component with the CreativeMindClass boost sales kit. ( Note: Revenue share doesn't include the processing charges charged by Stripe and the student invoicing cost.)
How much can you earn for your 100 USD/EUR online course?
Let's say that John is an artist and watercolor painter from the United States and wants to design a beginners' tutorial on the topic. He's picked CreativeMindClass for the freedom the company gives him in creating his own space for teaching.
He's decided to start with a small amount, so he's chosen the Basic pricing option. After some intensive work on the course and support by the CreativeMindClass team John's lessons on video have been completed and are prepared to publish them. the decision was made to begin selling the course for $100 (incl. VAT).
Very soon... Hooray! A John's Instagram fans, Nina, signs up for the class! Nina is located in Germany and, as such, Johnhas to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks like:
- VAT in Germany -> 19 percent
- Processing fee for Stripe payments = 4.4%
- Student invoicing fee for digital services = 6percent
- CreativeMindClass Basic Packge fee = 8%
- John earns 63 percent of every course that is sold.
To sum up: John earns $63 per $100 class sold on CreativeMindClass.
This post was first seen on here