Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We'd like to be fully honest about how you would make money with CreativeMindClass and how we make a income.
Surely you have heard about an income stream that is passive. A method that is effective when actually, you don't. At Creative Mind Class, believe it's essential for artists who wish to instruct online. For more information on the advantages of passive income you can read in the article "Passive income for artists. Delegate -the primary principle of an effective art business".
Contrary to other educational platforms, in which the amount you'll be able make isn't as clear, we want you to be successful and make sure you understand the entire process before getting involved with us.
Making a living as an artist and creative isn't easy. This is why we developed the pay-as-you-earn model. You only pay when you succeed. So no setting-up fees, no monthly charges, no hidden fees. In this article, we break down the cost of a class in depth No more secrets about what you make giving video-based classes.
CreativeMindClass Pricing Fundaments:
- Free to start with pay-as-you-earn cost.
- No setting-up fees, no monthly charges, no hidden fees.
- Only when you achieve.
- CreativeMindClass costs 8% of revenue share for classes or 12% of revenue share on classes with community feature and 16% revenue share on classes with community feature with the CreativeMindClass boost sales kit. ( Note: Revenue share is not inclusive of processing fees which are charged by Stripe and the student invoicing cost.)
What is the amount you will make from your USD/EUR 100 video course?
Say, John is a watercolor painter from America. United States and wants to create a beginner's class on the subject. He's picked CreativeMindClass for the freedom he gets in building his own teaching space.
He's decided to start small so he's opted for the Basic pricing option. After a few hours of hands-on learning about the course and support by the CreativeMindClass team John's videos are complete and in the process of uploading them. he decided to start selling the course at $100 (incl. VAT).
Very soon... cheers! One of John's Instagram fans, Nina, signs up for the course! Nina lives in Germany and, as such, Johnhas to be paying German taxes.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown will look as follows:
- VAT in Germany -> 19 percent
- Payment processing fees for Stripe -> 4.4%
- Invoicing for students using digital services -> 6%
- CreativeMindClass Basic Packge fee is 8%
- John earns -> 63% of every course sold, hassle-free.
To sum up: John earns $63 per $100 class sold on CreativeMindClass.
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