Effective Date: 23rd August 2024
At Madarsa, we value the contributions of our instructors and aim to provide a fair and transparent revenue-sharing model. This Revenue Share Policy outlines how instructors earn revenue from their courses on Madarsa.
1. Instructor Revenue Share
1.1 Course Sales
When a student purchases a course on Madarsa, the instructor receives a percentage of the net revenue received by Madarsa after deducting any applicable fees, including but not limited to payment processing fees, taxes, and other administrative costs.
1.2 Revenue Share Breakdown
- Organic Sales: For courses sold through organic channels, instructors will receive 60% of the net revenue. Organic channels include direct visits to Madarsa’s website or app and purchases made without the use of any paid marketing or affiliate links.
- Affiliate Sales: If a course is sold through one of Madarsa’s affiliate partners, instructors will receive 50% of the net revenue. Affiliate partners help promote courses through their networks in exchange for a share of the revenue.
- Instructor Promotion: When instructors use a coupon or referral link that they have created, they will receive 70% of the net revenue from that sale, after any applicable fees. This gives instructors a significant share for driving their own course sales.
- Madarsa Paid Advertising Sales: When Madarsa promotes a course through paid advertising (e.g., Google Ads, Facebook Ads), instructors will receive 30% of the net revenue.
1.3 Subscription Plans (If Applicable)
If Madarsa offers subscription plans to students, instructors will receive a share of the total subscription revenue based on the total minutes of their course content consumed by subscribers relative to the total minutes of all courses consumed by subscribers on Madarsa.
2. Revenue Calculation
2.1 Net Revenue
Net revenue is defined as the gross amount received from students for the purchase or subscription to a course, less any applicable taxes (e.g., VAT), payment processing fees, and any other deductions such as refunds or chargebacks.
2.2 Payment Processing Fees
Payment processing fees vary by the payment method used by the student and may include fees from third-party payment processors. These fees are deducted before calculating the net revenue.
2.3 Taxes
Madarsa will deduct any applicable taxes from the gross revenue before calculating the instructor’s share. The remaining amount after taxes will be considered the net revenue.
3. Payment Terms
3.1 Payout Schedule
Instructor earnings are calculated monthly and are paid out on a monthly basis. Payments may be made within 30 days after the end of the month in which the revenue was earned. For example, revenue earned in January will be paid out by the end of February.
3.2 Minimum Threshold
Instructors must have a minimum earnings threshold of INR 10,000 (or equivalent in local currency) to receive a payout. If the threshold is not met, earnings will be rolled over to the next month until the minimum threshold is reached.
3.3 Payment Methods
Madarsa offers multiple payment methods, including direct bank transfer, PayPal, and other digital payment platforms. Instructors can select their preferred payment method in their account settings.
4. Refunds and Chargebacks
4.1 Refunds
If a student requests a refund for a course, Madarsa will deduct the refunded amount from the instructor’s earnings. Refunds may be issued in accordance with Madarsa’s Refund Policy, and instructors will not receive revenue from refunded sales.
4.2 Chargebacks
In the event of a chargeback (when a payment is reversed by the payment processor or bank), the amount will be deducted from the instructor’s earnings. Madarsa reserves the right to deduct any associated fees related to chargebacks.
5. Promotions and Discounts
Madarsa may run promotions and offer discounts on courses at its discretion. When a course is sold at a discounted price, the instructor’s share will be based on the net revenue received by Madarsa after applying the discount and deducting any applicable fees.
6. Changes to This Policy
Madarsa may update this Revenue Share Policy from time to time. We will notify instructors of significant changes by posting the updated policy on our website and indicating the date of the latest update. Instructors’ continued use of our services after the changes become effective constitutes their acceptance of the updated policy.
7. Contact Us
If you have any questions or concerns about this Revenue Share Policy, please contact us at:
Email: Support@madarsa.in