Make more money from video lessons - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We would like to be completely open on how you could make money with CreativeMindClass and how we earn our living.
You've probably heard of the concept of passive income. A method that is effective when well, you don't. At Creative Mind Class, believe that this is essential for artists who wish to teach online. Learn more about the benefits from passive income can be learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary principle of an effective business in the art industry".
Contrary to other educational platforms, where how much you're going make isn't as clear and we'd like you to succeed and ensure that you are aware of all elements before you get into business with us.
Earning a living as an artist and creative can be tough. This is why we developed the pay-as-you-earn model. 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 class price in detail There are no secrets to what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass costs 8% of revenue share on classes, which is 12% on classes featuring a community component and 16% of revenue share for classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share is not inclusive of the processing charges that are charged by Stripe or the student invoicing cost.)
What is the amount you will earn for your 100 USD/EUR online course?
Say, John is an artist and watercolor painter who is from America. United States and wants to create a beginner's class on the subject. John has chosen CreativeMindClass for the freedom the company gives him in creating his own teaching space.
He's decided to begin with a small amount, so he's chosen the basic pricing. After a few hours of hands-on learning about the course, with support by the CreativeMindClass team, John's video lessons have been completed and are prepared to publish them. he decided to start selling the course at $100 (incl. VAT).
Very soon... hooray! A John's Instagram fans, Nina, signs up for the class! Nina is located 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% for Germany 19 percent
- Payment processing fees for Stripe -> 4percent
- Invoicing for students using digital services -> 6percent
- CreativeMindClass Basic Fee for the Packge -> 8.8%
- John earns 63% of each course sold, hassle-free.
In the end: John earns $63 for each $100 class sold on CreativeMindClass.