Why own coupon codes revenue shares only around 40%?

JuliaKrist
JuliaKrist Posts: 12 traveler rank
in Introductions

Hello everybody!

I have a question...Yesteday I sent you coupon codes to my students for US$ 9.99 for each course. It is said that instructors can keep 97% of the revenue from own promotions. However I sometimes see that I only receive around 40% of that instead of 97%. Does somebody know why that happens?

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I am looking forward to your answer

Comments

  • MichaelPog
    MichaelPog Posts: 982 rolemodel rank

    Click on the details next to your revenue amount and you'll get the answer.

  • JuliaKrist
    JuliaKrist Posts: 12 traveler rank

    Hi Michael,

    Thanks I have just checked it. So basically I offer the course for US$9.99 and when students from specific countries open the coupon link, the course is then actually offered for only around US$5...

  • MichaelPog
    MichaelPog Posts: 982 rolemodel rank

    Yep.

    You didn't actually create a $9.99 coupon. You created a best price coupon. And the best price varies by country.

  • JuliaKrist
    JuliaKrist Posts: 12 traveler rank

    Thank you Michael:)

  • Salil Dhawan
    Salil Dhawan Posts: 308 mentor rank

    @JuliaKrist
    Wait till a student from India buys the course on Big Sale day from iOS device!

  • JuliaKrist
    JuliaKrist Posts: 12 traveler rank

    @Salil Dhawan
    does a different price appear then?

  • Salil Dhawan
    Salil Dhawan Posts: 308 mentor rank

    The sale has lowest price and countries like India have lower price because of conversion but also apple takes 30%, and then government takes 18% GST, so you get 30% of 50% of an already low price, basically around $1

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