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Your CreativeMindClass cost breakdown
We want to be completely honest regarding how you can earn money using CreativeMindClass and the way we make a income.
Surely you have heard about passive income. Something that works when, actually, you don't. At Creative Mind Class, believe that it's fundamental for artists who wish to teach online. For more information on the advantages of passive income you can find in our article href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary principle of an effective art business".
Unlike other teaching platforms where how much you're going make isn't as clear, we want you to be successful by understanding the entire process before getting into business with us.
Earning a living as a creative and an artist isn't easy. That's why we created a pay-as-you-earn pricing model. Only when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this piece we breakdown the class price in detail, no more secrets of the amount you can earn from instructing with video classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you succeed.
- CreativeMindClass offers 8% revenue share on classes, which is 12% on classes with community feature, or 16% revenue share on classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share is not inclusive of the processing charges which are charged by Stripe and the student invoicing fee.)
What is the amount you will earn from your 100 EUR/USD video course?
Say, John is an artist and watercolor painter in America. United States and wants to develop a basic course on the topic. He's chosen CreativeMindClass for the freedom he gets in building his own space for teaching.
He's decided to start small so he's opted for the basic pricing. After a few hours of hands-on learning about the course, with support from the CreativeMindClass team, John's video lessons have been completed and are in the process of uploading them. it was decided to launch the course at $100 (incl. VAT).
Very soon... hooray! The one of John's Instagram fans, Nina, signs up for the class! Nina lives in Germany so later on Johnhas to pay German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown will look as follows:
- The VAT rate for Germany 19% for Germany 19 percent
- Processing fee for Stripe payments -> 4%
- Student invoicing fee for digital services -> 6.6%
- CreativeMindClass Basic Fee for the Packge is 8percent
- John earns 63 percent of every course that is sold.
In the end: John earns $63 on each of his $100 classes sold through CreativeMindClass.