Earn more on video classes The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We want to be completely transparent regarding how you can earn money from CreativeMindClass and how we earn our income.
Surely you have heard about passive income. Something that works when, well, you don't. We, at Creative Mind Class, believe that this is essential for artists who wish to instruct online. Learn more about the benefits from passive income can be read in the article "Passive income for artists. Delegate -- the first principle of an effective business in the art industry".
Contrary to other educational platforms, that tell you how much you're likely to earn is less straightforward, we want you to be successful and ensure that you are aware of everything before going into business with us.
Making a living as a creative and an artist can be tough. That's why we created the pay-as-you-earn model. Only when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this piece, we break down each class's cost in great detail No more secrets about what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you achieve.
- CreativeMindClass costs 8% of revenue share for classes or 12% of revenue share on classes with community feature or 16% share of the revenue for classes that have a community feature when you purchase the CreativeMindClass booster sales kit. ( Note: Revenue share doesn't include processing fees which are charged by Stripe or the student invoicing fee.)
How much will you earn from your 100 EUR/USD video course?
"Say, John is an artist and watercolor artist from the United States and wants to develop a basic class on the subject. He's picked CreativeMindClass because of the flexibility it gives him to create his own classroom.
The course is going to be with a small amount, so he's chosen the Basic pricing option. After a few hours of hands-on learning about the course and support from 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 at $100 (incl. VAT).
The course will be available very soon... hooray! The one of John's Instagram fans, Nina, signs up for the course! Nina is based in Germany so later on Johnhas to have to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks as follows:
- VAT for Germany -> 19 percent
- Payment processing fees for Stripe -> 4percent
- Student invoicing fee for digital services -> 6percent
- CreativeMindClass Basic Packge fee = 8%
- John earns -> 63 percent of every course sold. It's easy and hassle-free.
To sum up: John earns $63 per $100 classes that are sold on CreativeMindClass.