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Your CreativeMindClass cost breakdown
We'd like to be completely transparent about how you would earn money from CreativeMindClass and how we earn a living.
Perhaps you've heard about passive income. Something that works when, it's not. We, at Creative Mind Class, believe that it's fundamental for those who want to teach online. For more information on the advantages 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-related business".
In contrast to other platforms for teaching where how much you're going to make isn't always clear, we want you to be successful and ensure that you are aware of the entire process before getting involved with us.
Earning a living as an artist and creative can be a challenge. This is why we developed the pay-as-you-earn model. You only pay for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this article we breakdown the cost of a class in depth There are no secrets to how much you earn on teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when we succeed.
- CreativeMindClass charges 8% revenue share on classes, which is 12% on classes featuring a community component or 16% revenue share on classes that include a community component with the CreativeMindClass booster sales kit. ( Note: Revenue share doesn't include the processing charges which are charged by Stripe or the student invoicing fee.)
What is the amount you will make from your USD/EUR 100 training course?
Let's say that John is a watercolor painter in America. United States and wants to create a beginner's course on the topic. John has chosen CreativeMindClass for the freedom the company gives him in creating his own teaching space.
He's decided to start small so he's opted for the price of the Basic option. After a few hours of hands-on learning about the course, and with help from the CreativeMindClass team John's videos are done and he's in the process of uploading them. the decision was made to begin selling the course for $100 (incl. VAT).
Very soon... hooray! A John's Instagram followers, Nina, signs up for the course! Nina lives in Germany so later on Johnhas to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks as follows:
- VAT in Germany 19% for Germany 19 percent
- Payment processing fees for Stripe = 4.4%
- Invoicing for students using digital services 6%
- CreativeMindClass Basic Packge fee is 8.8%
- John earns -> 63% of each course sold, hassle-free.
For a summary: John earns $63 for each $100 classes that are sold on CreativeMindClass.
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