1.What's the revenue sharing model?
Your tutorial will be published and sold on Wingfox as soon as it's approved. You will receive revenue when users buy the course.
There are three ways to calculate the revenue:
①If a student purchases your course through instructors' coupon or referral link, your revenue share will be 90% of the Net Amount less any applicable deductions, such as taxes, student refunds.
For example, if the course is labeled at $120 and sold at $100 with 6% VAT, then the revenue will be:
100*（1-6%）=$94
Share of instructors: 94*0.9=$84.6
Share of Wingfox: 94*0.1=$9.4
*The final revenue share will be subject to the actual amounts excluding the withdrawal charge.
②If a student purchases your course through the Wingfox market, your revenue share will be 50% of the Net Amount less any applicable deductions, such as taxes, student refunds.
For example: if the course is labeled at $120 and sold at $100 with 6% VAT, then the revenue will be:
100* (1-6%) =$94
Share of instructors: 94*0.5=$47
Share of Wingfox: 94*0.5=$47
*The final revenue share will be subject to the actual amounts excluding the withdrawal charge.
③If a student purchases your course through Paid Advertising Programs or Channels, your revenue share will be 30% of the Net Amount less any applicable deductions, such as taxes, student refunds.
For example: if the course is labeled at $120 and sold at $100 with 6% VAT, then the revenue will be:
100* (1-6%) =$94
Share of instructors: 94*0.3=$28.2
Share of Wingfox: 94*0.7=$65.8
*The final revenue share will be subject to the actual amounts excluding the withdrawal charge.
2.How will I receive my revenue?
You need to provide an effective and valid Paypal account in order for Wingfox Team to pay you in a good manner. If the payment transfer failed due to the PayPal account provided, Wingfox takes no liability.
Path to add payment account ：Wingfox lecturer page>Payouts>Payment accounts>Add/Edit Paypal account
3.How can I withdraw my money?
Path: Wingfox Teach>Stats>Course Stats>Withdraw
PS: Paypal account is needed for withdrawal.
4.Conditions of withdrawal：
①Account balance shall be no less than $100 and the Wingfox account applying for withdrawal shall be available.
②The amount of withdrawal shall be no more than $5000 every time. You can only withdraw your money once a month.
③You can only withdraw money to the Paypal account linked to your Wingfox account.
5.Revenue calculation:
①On the first day of every month, the final revenue share will be subject to the revenue of last month excluding other fees that occurred. Withdrawal is allowed only after revenue share calculation.
②Time for withdrawal arrival: money will be transferred to the payment account within 45 days after an application for withdrawal.
③If the payment is made by installments, you'll receive revenue by installments as well. The total revenue will be subject to individual installments.
