Why own coupon codes revenue shares only around 40%?
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?
I am looking forward to your answer
Comments
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Click on the details next to your revenue amount and you'll get the answer.
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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...
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Yep.
You didn't actually create a $9.99 coupon. You created a best price coupon. And the best price varies by country.
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Thank you Michael:)
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@JuliaKrist
Wait till a student from India buys the course on Big Sale day from iOS device!1 -
@Salil Dhawan
does a different price appear then?0 -
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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