Make more money from video lessons - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We would like to be completely open about how you would earn money using CreativeMindClass and how we make a income.
Perhaps you've heard about the concept of passive income. A method that is effective when actually, you don't. We, at Creative Mind Class, believe that it's fundamental for artists who wish to offer online classes. Learn 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 rule of a thriving art business".
Contrary to other educational platforms, where how much you're going to earn is less straightforward We want you to be successful and ensure that you are aware of all elements before you get into business with us.
Being a creative and an artist isn't easy. That's why we created a pay-as-you-earn pricing model. We charge only for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this article we will break down the cost of a class in depth There are no secrets to the amount you can earn from giving video-based classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you are successful.
- CreativeMindClass offers 8% revenue share on classes, or 12% revenue share on classes with community feature and 16% share of the revenue for classes that have a community feature when you purchase the CreativeMindClass boost sales kit. ( Note: Revenue share does not include the processing charges charged by Stripe and the student invoicing fee.)
How much will you earn from your 100 EUR/USD online course?
"Say, John is a watercolor painter in America. United States and wants to design a beginners' course on the topic. He's picked CreativeMindClass to enjoy the flexibility that he gets in building his own classroom.
The course is going to be small so he's opted for the Basic pricing option. After some hands-on work on the course and support by the CreativeMindClass team John's videos are complete and in the process of uploading them. the decision was made to begin selling the course at $100 (incl. VAT).
Soon... cheers! A John's Instagram followers, Nina, signs up for the course! Nina is based in Germany which means that later Johnhas to be paying German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The price breakdown at the end of the day looks like:
- VAT for Germany 19% for Germany 19 percent
- Processing fee for Stripe payments is 4percent
- Fee for student invoicing on digital services = 6.6%
- CreativeMindClass Basic Packge fee -> 8.8%
- John earns -> 63% of each course sold, hassle-free.
For a summary: John earns $63 on each of his $100 classes sold through CreativeMindClass.