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Your CreativeMindClass Course Price Breakdown
We'd like to be completely open regarding how you can make money with CreativeMindClass and how we earn a living.
Surely you have heard about an income stream that is passive. A method that is effective when well, you don't. We, at Creative Mind Class, believe that passive income is crucial for artists who wish to instruct online. More about the benefits from passive income can be read in the article "Passive income for artists. Delegate -the primary rule of a thriving art-related business".
Unlike other teaching platforms that tell you how much you'll make isn't as clear and we'd like you to succeed and ensure that you are aware of the entire process before getting involved with us.
Earning a living as an artist or a creator can be a challenge. We've designed the pay-as-you-earn model. You only pay once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this article we breakdown each class's cost in great 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 cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass charges 8% revenue share for classes which is 12% on classes with community feature as well as 16% of revenue share for classes with a community component that are sold with the CreativeMindClass increase sales kit. ( Note: Revenue share doesn't include the processing charges charged by Stripe as well as the student invoice fee.)
What is the amount you will make for your $100 USD/EUR training course?
"Say, John is an artist and watercolor painter from America. United States and wants to develop a basic tutorial on the subject. He's picked CreativeMindClass for the freedom it gives him to create his own teaching space.
The course is going to be small so he's opted for the Basic pricing option. After some intensive work on the course and support by the CreativeMindClass team John's videos are complete and prepared to publish them. the decision was made to begin selling the course at $100 (incl. VAT).
The course will be available very soon... hooray! The one of John's Instagram followers, Nina, signs up to take the course! Nina is based in Germany and, as such, Johnhas to be paying German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price will look like this:
- The VAT rate for Germany 19% for Germany 19 1 %
- Processing fee for Stripe payments = 4%
- Fee for student invoicing on digital services = 6%
- CreativeMindClass Basic Packge fee -more than 8.8%
- John earns -> 63 percent of every course sold, hassle-free.
For a summary: John earns $63 on each of his $100 class sold on CreativeMindClass.