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Your CreativeMindClass course price breakdown
We want to be completely transparent about how you would earn money from CreativeMindClass as well as how we make a living.
Surely you have heard about passive income. A method that is effective when it's not. At Creative Mind Class, believe that passive income is crucial for those who want to teach online. Learn more about the advantages from passive income can be learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. The first rule of a thriving art-related business".
In contrast to other platforms for teaching in which the amount you'll be able earn is not as straightforward, we want you to be successful by understanding everything before going into business with us.
Making a living as an artist and creative can be a challenge. That's why we created the pay-as-you-earn model. We charge only for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this piece we will break down each class's cost in great detail No more secrets about what you make instructing with video classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- We only charge for the time you are successful.
- CreativeMindClass offers 8% revenue share for classes which is 12% for classes that have a community feature, or 16% share of the revenue for classes with community feature with the CreativeMindClass booster sales kit. ( Note: Revenue share doesn't include the processing fee which are charged by Stripe as well as the student invoice cost.)
What is the amount you will earn for your 100 USD/EUR online course?
"Say, John is a watercolor artist in the 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 classroom.
The course is going to be by starting small, and has chosen the basic pricing. After some intensive work on the course and support by the CreativeMindClass team, John's video lessons are done and he's ready to upload them and it was decided to launch the course at $100 (incl. VAT).
Very soon... Hooray! One of John's Instagram fans, Nina, signs up to take the course! Nina is based in Germany which means that later Johnhas to have to pay German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price appears like this:
- VAT in Germany = 19%
- Payment processing fees for Stripe is 4percent
- Invoicing for students using digital services -> 6.6%
- CreativeMindClass Basic Packge fee -> 8percent
- John earns -> 63% of each course sold. It's easy and hassle-free.
In the end: John earns $63 on each of his $100 class sold on CreativeMindClass.