Make more money from video lessons The CreativeMindClass Blog
Your CreativeMindClass course price breakdown
We want to be completely honest regarding how you can earn money using CreativeMindClass and the way we make money.
Perhaps you've heard about passive income. Something that works when, it's not. We, at Creative Mind Class, believe that this is essential for artists who wish to instruct online. More about the benefits of passive income you can 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 art-related business".
In contrast to other platforms for teaching where how much you're going earn is not as straightforward and we'd like you to succeed and ensure that you are aware of everything before going to work with us.
Making a living as a creative and an artist can be a challenge. That's why we created the pay-as-you-earn model. We charge only when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this post, we break down the class price in detail, no more secrets of what you make giving video-based classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass charges 8% revenue share on all classes, or 12% revenue share on classes featuring a community component and 16% revenue share on classes that have a community feature when you purchase the CreativeMindClass booster sales kit. ( Note: Revenue share doesn't include the processing fee charged by Stripe as well as the student invoice fee.)
How much will you make from your USD/EUR 100 online course?
"Say, John is an artist and watercolor artist in the United States and wants to create a beginner's class on the subject. He's chosen CreativeMindClass to enjoy the flexibility that he gets in building his own space for teaching.
He's decided to begin 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 videos are done and he's in the process of uploading them. it was decided to launch the course for $100 (incl. VAT).
The course will be available very soon... hooray! A John's Instagram fans, Nina, signs up to take the course! Nina is based in Germany so later on Johnhas to pay German VAT.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown will look like:
- The VAT rate for Germany 19% for Germany 19 percent
- Payment processing fees for Stripe is 4.4%
- Fee for student invoicing on digital services = 6.6%
- CreativeMindClass Basic Packge fee -more than 8%
- John earns -> 63% of every course that is sold.
In the end: John earns $63 on each of his $100 class sold on CreativeMindClass.