Ensuring Your Success as a Course Creator on Teachng.com
At Teachng.com, we understand that your success as a course creator is paramount. Here’s an overview of our instructor payment process to help you navigate the financial aspects of sharing your expertise with our global community.
To start on your journey as a instructor on Teachng.com, start by applying to become an instructor with us. As we want to ensure all course offered are of high quality, our learning experts vet each of our instructors manually to ensure our instructors are qualified.
If you think you have the passion to teach and the knowledge that people will like to learn, feel free to Apply at “Become an Instructor” and start sharing your knowledge with eager learners worldwide.
Instructor Payments Overview
Here’s a breakdown of our payment schedule for instructors:
- Becoming a Instructor: Upon joining Teachng.com, anyone can apply to become instructors on our platform upon agreeing to our Instructor Terms.
- Course Review and Publication: After you’ve created a course, your paid course will undergo review and is published on Teachng.com.
- Months 1: During the start, if your course garners paid enrollments, student fees are transferred to Teachng.com. We deduct transaction taxes and other applicable fees as outlined in our Instructor Terms.
- Months 1 & 2: We process refunds, corrections, and any other adjustments during these months.
- Month 3: Upon reaching the minimum earning, instructors can proceed to request withdrawal to receive payment which is calculated as [(total Month 1 student payments after deductions – total refunds) x % revenue share].
Do note, you need to meet the minimum withdrawal limit of $100 to request for withdrawal of payment. All payments will be disbursed by Teachng.com within 14 business days. Do contact us at hello@teachng.com with title “Instructor: [Questions]” for any questions.
Instructor Revenue Share
Understand our Regular Revenue Sharing Plan (RRSP):
- Sales without Promotional Programs: Your revenue share is 80% of the net amount after taxes, mobile fees, service fees, and third-party promotional costs.
- Sales with Promotional Programs: Your revenue share is 80% of the net amount after promotion pricing, taxes, mobile fees, service fees, and third-party promotional costs.
However, for limited time only, we are offering a premium revenue share scheme for our first 100 instructors with Teachng. This is to thank educators like you who are looking to make a difference.
Understand our Premium Revenue Sharing Plan:
- Sales without Promotional Programs: Your revenue share is 90% of the net amount after taxes, mobile fees, service fees, and third-party promotional costs.
- Sales with Promotional Programs: Your revenue share is 90% of the net amount after promotion pricing, taxes, mobile fees, service fees, and third-party promotional costs.
As we believe in clarity and transparency when we work with our instructor partners, below is a quick summary to help in your understanding on the revenue share between Teachng.com and instructors for each sale.
| Course Price | Teaching (90% share) | Udemy (37% share) | Skillshare ($0.05 per minute) |
|---|---|---|---|
| $30 | Approx. $19 to $27 | Approx. $7 to $11 | $9 (3 Hours watch-time) |
| $50 | Approx. $32 to $45 | Approx. $12 to $19 | $15 (6 Hours watch-time) |
| $100 | Approx. $63 to $90 | Approx. $25 to $37 | $30 (10 Hours watch-time) |
| $150 | Approx. $95 to $135 | Approx. $38 to $56 | $45 (15 Hours watch-time) |
| $250 | Approx. $158 to $225 | Approx. $64 to $93 | $75 (25 Hours watch-time) |
With understanding of the instructor’s terms, do note the calculation shown is just an approximate with an assumption of all fees, tax and other cost to be 30% of the course price.
Meaning, for an course that is sold at $100, and an assumption that “Fees + Tax + Other Cost” is 30% of your course sale price, here is the calculation:
- $100 Course Sales – (Tax + Fees + Other Cost) = Approx. $70 Net Revenue
- $70 Net Revenue * 90% (Revenue Share) = $63 as your earning
Do understand that the final calculation can differ, but as a nutshell here is a sample calculation for your understanding.
Like any business, most of the deduction is for taxes and fees incurred, however, we will try to minimize any fees so that you can get more ROI for your effort in creating courses. As we are educators ourselves, we know how much it means to get rewarded by the value we give to the community.
Our Promise to Instructors
We’re dedicated to supporting you on your journey to creating impactful online courses. As we grow our platform, we will make improvement along the way.
For further assistance or inquiries, feel free to reach out to our support team, we will try our best to help you succeed.
Do contact us at hello@teachng.com with title “Instructor: [Questions]” for any questions or suggestions.
Here’s to your continued success as a valued instructor on Teachng.com!