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You CreativeMindClass Course Price Breakdown
We'd like to be completely open regarding how you may make money with CreativeMindClass and how we earn a income.
Perhaps you've heard about passive income. It's a method of earning money when well, you don't. At Creative Mind Class, believe it's essential for those who would like to conduct online classes. The benefits of an income stream that is passive can be found in the article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. The principle rule is delegate. an effective art business ".
Contrary to other educational platforms, that tell you how your earnings are likely to be aren't as transparent. We want you to succeed by understanding every aspect before entering to do business with us.
Being creative and an artist may be difficult. We've designed an income-based model that pays as you earn. You only pay for your time of success. So no setting-up fees, no monthly charges, no hidden fees. In this post, we'll examine the price of a class in depth No more secret information about how much you earn by teaching with videos.
CreativeMindClass Pricing Fundaments:
- Begin with zero cost and pay-as-you earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only for the time you are successful.
- CreativeMindClass charges an average of 8% revenue share on classes, or 13% of the revenue share for classes that have a the community feature, and 16% of the revenue share of classes with an option for community participation in the event that you buy the CreativeMindClass booster kit for sales. ( Note: Revenue share doesn't include processing fees charged by Stripe and the fee for student invoices.)
How much will you earn for your 100 USD/EUR video tutorial?
Say, John is a watercolor artist from America. United States and wants to create a fundamental class on the subject. He's opted for CreativeMindClass to enjoy the flexibility offered by the company to create his own learning space.
The course is designed to be by starting small, and has chosen the price of the Basic option. After about an hour of learning hands-on about the course and with the help of the CreativeMindClass team, John's video tutorials are finished and ready to upload them and decided to start selling the course at 100 dollars (incl. VAT).
This course is expected to be on the market shortly... We're excited! The one of John's Instagram fans, Nina, signs up for the course! Nina is based in Germany so, therefore, Johnhas to be paying German taxes..
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price will look as follows:
- The VAT rate for Germany is 19 percent.
- Processing fee for Stripe payments is 4.4%
- Student invoicing fee for digital services -> 6%
- CreativeMindClass Basis Fee for the Packge is 8.8 percent
- John earns -> 63 percent of every course that is sold without hassle.
To summarize: John earns $63 for each class of $100 sold through CreativeMindClass.
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