Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass Course Price Breakdown
We'd like to be 100% honest on how you could earn money from CreativeMindClass as well as how we make 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 this is essential for artists who wish to offer online classes. More about the benefits of passive income , you can read in the article "Passive income for artists. The first rule of a thriving business in the art industry".
Unlike other teaching platforms in which the amount you'll be able to earn is less straightforward and we'd like you to be successful by understanding the entire process before getting into business with us.
Making a living as an artist or a creator can be tough. We've designed a pay-as-you-earn pricing model. We charge only once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this article we breakdown the cost of a class in depth, no more secrets of what you make teaching with video classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only for the time you are successful.
- CreativeMindClass offers 8% revenue share on all classes, which is 12% on classes with community feature, or 16% of revenue share for classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share does not include the processing charges which are charged by Stripe and the student invoicing fee.)
How much will you make for your $100 USD/EUR online course?
"Say, John is a watercolor painter in America. United States and wants to design a beginners' course on the topic. He's picked CreativeMindClass because of the flexibility the company gives him in creating his own teaching space.
He's decided to start with a small amount, so he's chosen the basic pricing. After a few hours of hands-on learning about the course and support from the CreativeMindClass team John's videos have been completed and are in the process of uploading them. the decision was made to begin selling the course at the price of $100 (incl. VAT).
The course will be available very soon... Hooray! The one of John's Instagram followers, Nina, signs up for the course! Nina is located in Germany so later on Johnhas to be paying German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
A final breakdown of price will look like:
- The VAT rate for Germany = 19 percent
- Processing fee for Stripe payments -> 4%
- Invoicing for students using digital services -> 6percent
- CreativeMindClass Basic Packge fee -greater than 8percent
- John earns 63% of every course sold, hassle-free.
In the end: John earns $63 per $100 classes sold through CreativeMindClass.