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Your CreativeMindClass cost breakdown
We'd like to be 100% transparent regarding how you can earn money using CreativeMindClass and how we earn a salary.
Perhaps you've heard about the concept of passive income. Something that works when, it's not. We, at Creative Mind Class, believe that it's fundamental for artists to offer online classes. More about the benefits from passive income can be 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".
Contrary to other educational platforms, in which the amount you'll be able make isn't as clear 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 an artist and creative can be a challenge. This is why we developed the pay-as-you-earn model. We charge only once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this post we breakdown the class price in detail, no more secrets of what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- It's free to get started with pay-as you-earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you are successful.
- CreativeMindClass charges 8% revenue share for classes or 12% revenue share for classes that have a 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 doesn't include the processing charges that are charged by Stripe and the student invoicing cost.)
What is the amount you will earn for your 100 USD/EUR video course?
Say, John is an artist and watercolor painter in America. United States and wants to create a beginner's course on the topic. John has chosen CreativeMindClass to enjoy the flexibility that it gives him to create his own classroom.
The course is going to be by starting small, and has chosen the price of the Basic option. After some intensive work on the course, and with help from the CreativeMindClass team John's videos are done and he's prepared to publish them. he decided to start selling the course at $100 (incl. VAT).
The course will be available very soon... cheers! A John's Instagram followers, Nina, signs up for the class! Nina lives 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 this:
- VAT for Germany 19% for Germany 19 percent
- Stripe payment processing fee -> 4.4%
- Fee for student invoicing on digital services = 6.6%
- CreativeMindClass Basic Fee for the Packge is 8.8%
- John earns 63 percent of every course that is sold.
To sum up: John earns $63 on each of his $100 class sold on CreativeMindClass.
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