Make more money from video lessons The CreativeMindClass Blog
Your CreativeMindClass Course Price Breakdown
We want to be 100% open on how you could earn money using CreativeMindClass and how we make money.
Perhaps you've heard about an income stream that is passive. A method that is effective when it's not. At Creative Mind Class, believe that passive income is crucial for artists to offer online classes. 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 step to a successful art business".
In contrast to other platforms for teaching that tell you how much you'll make isn't as clear and we'd like you to be successful by understanding all elements before you get involved with us.
Making a living as an artist and creative isn't easy. That's why we created the pay-as-you-earn model. We charge only for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this post we will break down the class price in detail No more secrets about how much you earn on giving video-based classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn pricing.
- No setting-up fees, no monthly charges, no hidden fees.
- We only charge for the time you are successful.
- CreativeMindClass charges 8% revenue share on classes, or 12% of revenue share for classes that have a community feature as well as 16% revenue share on classes with a community component that are sold with the CreativeMindClass booster sales kit. ( Note: Revenue share is not inclusive of 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 online course?
"Say, John is an artist and watercolor painter in the United States and wants to design a beginners' class on the subject. He's chosen CreativeMindClass for the freedom it gives him to create his own teaching space.
He's decided to begin with a small amount, so he's chosen the Basic pricing option. After some intensive work on the course, and with help by the CreativeMindClass team, John's video lessons are complete and in the process of uploading them. it was decided to launch the course at the price of $100 (incl. VAT).
Very soon... hooray! The one of John's Instagram fans, Nina, signs up to take the course! Nina is based in Germany so later on Johnhas to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
Final price break-down appears like this:
- The VAT rate for Germany 19% for Germany 19 percent
- Payment processing fees for Stripe -> 4%
- Student invoicing fee for digital services 6%
- CreativeMindClass Basic Packge fee -more than 8percent
- John earns 63% of each course sold, hassle-free.
For a summary: John earns $63 for each $100 class that is sold on CreativeMindClass.