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Jun 30, 2022

Your CreativeMindClass Cost Structure of Your Course

We'd prefer to be totally transparent in regards to how you make money with CreativeMindClass in addition to our methods of earning a living.

There's a good chance that you've heard about the idea for passive income. This method is used for earning income even in the absence of a need. The instructors at Creative Mind Class, believe that it is essential for artists to teach online. More about the benefits of passive income you can find in our article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate is the main principle to a profitable business in the field of art".

Contrary to other methods online of instructing, the sum of payment isn't always clear. It is essential to meet the goals and you must be aware prior to coming to Join our team.

Being an artist and being an artist who is creative isn't straightforward. This is why we came up with the concept that pays the artist as much as they earn. Only pay when you've achieved your goals. So no setting-up fees, no monthly charges, no hidden fees. In this post we will break down the cost of classes thoroughly. Don't be misled by the process involved in teaching videos.

CreativeMindClass Pricing Fundaments:

  • It's free to get started by paying-as-you-earning price.
  • No setting-up fees, no monthly charges, no hidden fees.
  • We only achieve this when we have achieved.
  • CreativeMindClass charges 8 percent of the revenue share on classes, which is 12.2 percentage for classes with the element of community. This is 16 percent of revenue share for courses that include an element of community . This is an element of the CreativeMindClass boost sales kit. ( Note: Revenue share doesn't include processing fee paid by Stripe in addition to the invoice costs for Students.)

HTML0 How much will you earn from the online course for 100 euros/USD?

"Say, John is a artist using watercolor in America. United States and wants to create a beginner's class to learn about the subject. The instructor has decided to make use of CreativeMindClass due to the liberty that it offers to build his own learning space.

The aim is to start with the simplest level of pricing and then go with the the most basic cost. Following a long and very laborious process of creating the course and receiving help by the CreativeMindClass team John's classes have been completed and he is are in the process of uploading them to YouTube. John will soon start offering the course for sale at $100 (incl. VAT).

Then... Hooray!  John's Instagram admirers, Nina, signs up to attend the course! Nina is originally from Germany and, therefore, Johnhas to be paying German VAT..

CreativeMindClasses's automated pricing system does the math for everyone.

The price breakdown at the end of the day appears to be as follows:

  • TVA in Germany = 19 20%
  • The costs to Stripe for processing payment transactions are at 4%.
  • Fees for invoicing online services 6.6 percent
  • CreativeMindClass Cost of the Basic Packge - more than 8.8 percent
  • John earns an income of 63 percent of each course that it provides.

The most straightforward method to explain the concept is to say: John gets paid $63 on every class of $100 that is sold through CreativeMindClass.

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