Revenue Sharing

Revenue Sharing helps you to effortlessly set up and customize revenue sharing agreements with instructors, providing a fair and transparent way to reward their hard work and dedications.

Requires

1. Masteriyo Plugins
2. Revenue Sharing Add-on

Setup and Configuration

• Go to Masteriyo > Settings > Payments > Revenue Sharing.
• Toggle the Enable button.
• Configure the following and click on Save Settings.

1. Commission Rate - A single slider that splits course-sale revenue between the admin/platform and the instructor. Drag it to set the admin percentage; the instructor percentage is the remainder and updates automatically. The current split is shown under the slider as Admin (x%) and Instructor (y%).
2. Enable Deductible Fee - When enabled, a deductible fee is subtracted from the sale price first. The new total is Sales Price - Deductible Fee, and the admin and instructor shares are calculated from that new total.
3. Minimum Payout Amount - Set the minimum amount that the creator should withdraw.
4. Maturity Period - Specify the number of days the sales amount should remain on the account in order to withdraw it. If you set it as 1 day, the instructors will be able to withdraw the money after one day of the sale.
5. Payout Methods - Select the payout methods from the lists of Paypal, E-Check, Bank Account. The instructors can select any one of these methods for withdrawal.

Once you set these up, revenue sharing will be enabled and the instructors will be able to get a certain percentage of the total sales as a reward for their dedication towards your business. They can withdraw the money from their Account > Withdraw.

Note: The withdrawal amount on the above image is 0 due to the maturity period.

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