Learn more about video-based classes - The CreativeMindClass Blog

Jun 24, 2022

 Your CreativeMindClass Course Price Breakdown

We want to be 100% open regarding how you can earn money from CreativeMindClass and how we make a income.

You've probably heard of the concept of passive income. Something that works when, it's not. Creative Mind Class Creative Mind Class, believe it's essential for artists to offer online classes. More about the benefits 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 principle of an effective business in the art industry".

In contrast to other platforms for teaching where how much you're going to earn is less straightforward We want for you to achieve success by understanding everything before going involved with us.

Being a creative and an artist can be a challenge. We've designed an income-based model that pays as you earn. We charge only for the time you are successful. So no setting-up fees, no monthly charges, no hidden fees. In this piece we breakdown the class price in detail There are no secrets to what you make giving video-based classes.

 CreativeMindClass Pricing Fundaments:

  • It's free to get started with pay-as you-earn cost.
  • No setting-up fees, no monthly charges, no hidden fees.
  • Only when we are successful.
  • CreativeMindClass offers 8% revenue share for classes or 12% of revenue share on classes featuring a community component and 16% revenue share on classes that have a community feature when you purchase the CreativeMindClass booster sales kit. ( Note: Revenue share does not include the processing charges charged by Stripe and the student invoicing fee.)

 How much can you earn from your 100 EUR/USD training course?

"Say, John is a watercolor painter in America. United States and wants to develop a basic class on the subject. John has chosen CreativeMindClass to enjoy the flexibility that it gives him to create his own space for teaching.

The course is going to be small so he's opted for the price of the Basic option. After some hands-on work on the course, with support by the CreativeMindClass team John's lessons on video are done and he's prepared to publish them. the decision was made to begin selling the course at $100 (incl. VAT).

The course will be available very soon... Hooray! A John's Instagram followers, 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.

 The final price breakdown will look as follows:

  • VAT in Germany = 19%
  • Processing fee for Stripe payments -> 4.4%
  • Invoicing for students using digital services = 6.6%
  • CreativeMindClass Basic Packge fee -> 8percent
  • John earns 63 percent of every course sold, hassle-free.

In the end: John earns $63 per $100 classes that are sold on CreativeMindClass.

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