Institute Revenue Share

Institute Revenue Share

There is Rs. 100,000/- annual platform fee (but can be waived off for the institutions on case to case basis) to create and host a course on Vlearny. Institute can publish as many paid courses as you like (free courses are not allowed and the minimum price of a course should be Rs. 1000/-), subject to fulfil the vlearny policies & terms. We believe in a sustainable partnership, where institutes are rewarded for creating amazing content and bringing students to the platform.

On Single Course Purchases:

• Organic Traffic Sales: 25% on net revenue share on organic sales where no Institute Coupon/affiliate link is used. Organic sales occur after a user browses the Vlearny marketplace for courses, or makes a purchase during limited promotional offers.
• Through “Institute Coupon Code“: This coupon code is applicable only for the “Membership” Sales and not for individual course sales.
• Paid User Acquisition Channel Sales: 25% institute revenue share only. In order to optimize your sales, we may partner with affiliates across our global networks or pay for advertising for your course.

On Membership Purchase:

• If membership is purchased by any student through VLEARNY organic/ inorganic/ affiliates/ promotions/ Channels or by any means then instructor will not get any commission for any course. Because in that case Vlearny incurs the cost for promoting the channel. But if instructor promotes membership/ subscription sales and any student buys membership/ subscription through “Institute Coupon Code“ then institute will get 25% of membership fee share irrespective of the membership levels sold by them.
• Course Instructor will not get any share. Institute and their course instructors need to have their mutual settlement. Vlearny does not play any role to that.
• To get the unique “Institute coupon code” (at discounted price). please send a request email to support@vlearny.com

Important Note: Any membership purchased by any student, he/she can enrol any course (as per the defined plan) of any instructor, and not only the courses of the instructor who is providing the “Institute Coupon Code”, but payment will go to only that institute who issued the coupon code and student purchased through that.

Student’s benefit for membership purchase through “Institute Coupon Code“ (at discounted price):
To encourage instructors to promote,  any sales made through Instructor coupon code, students get 10%-50% additional discounts on the actual website membership levels price. This discount directly will be adjusted during the membership activation payment page.
Example: If the annual membership fee is Rs. 4,000/- then the student will pay Rs. 2000/- (say, after 50% discount) and Instructor revenue share will be Rs. 2000 X 25% = Rs. 500 for each membership is sold through “Institute coupon code”.

Extra source of income for Institutes: If any institute insists 100 students to take this memberships, then as per the above example & calculation, that institute will earn Rs.500 X 100= Rs. 500,000/- commission. This may be considered an extra source of income for the Institutes.

Terms & Conditions:
(i) Revenue Share for ‘Organic traffic sales’ and ‘Paid acquisition channel sales’ are applicable for ‘Single course purchase’ only, and not for membership sales. On the other hand, Revenue share for Membership Sales are for against the “institute Coupon code” only (ii) as memberships are generally of annual memberships, in case institute wishes to stop the relationship with Vlearny then the active courses and/or already sold courses, maybe individual course sale and/or access through existing memberships will be available for students. The course will be unavailable from the platform latest by 12 months from the date of requesting to stop such relationship (iii) institutes accept that Vlearny will have unconditional rights for lifetime of the company to produce, reproduce, distribute, share, sales, digitally store, resale, change the price of any amount, licensing to the third-party access, own subsidiary companies to generate sales, and Vlearny will be the rights holder for the content; also, institutes are free to use their same contents anywhere they want and Vlearny will not have any objections (iv) institutes will upload(will share to vlearny and from backend the videos are uploaded to server) courses through their institute Vlearny account login. (v) institute revenue share model is applicable for new membership sales to students only, and any renewals will not be considered for the revenue share payment, if it is not happened through ‘Institute Coupon Code”. However, every year new students come to the institutes. Any new membership sold with new login ids will be considered for the institute revenue share. (vi) No revenue will be shared with the individual teacher/ instructors if the courses are uploaded through institute Vlearny login. Any revenue share arrangement, if any, needs to be done in between institute and their teachers. (vii) The calculation as mentioned above will be done by the Vlearny at the stipulated time and final revenue share of each institute will be shared. Any request for any dispute resolution in this regard should be raised to Vlearny in writing within 30 days of such revenue share every month. If it is not raised within the 30 days of the period, the settlement will be considered as the dispute free, and no further request will be considered in this regard..

On special courses like bundled courses, certificate, diploma or degree courses:

Vlearny can create anytime and any number of types of courses in a combination of one or multiple institutes’ uploaded courses together and/or adding new from own or third-party content/ courses or lessons in full or parts. This is to provide students with more course offering and increasing the chance of more acceptable course sales. In that case, the basic sales approach would be either one time (single course) sales and/or subscription-based approach. If it is in combination with single institute’s different courses then above mentioned single course and subscription/membership (new sale through Institute codes only) revenue share with the institute will remain unchanged. But if the course was designed of multiple institutes’ course contents then for single time course purchase, net 25% revenue Vlearny will keep, and remaining net 25% revenue (for organic sales and 25% for paid acquisition channel sales) will be divided equally among all institutes for that particular special course. For subscription sales, the same above mentioned revenue share will be paid to the partnering institutes through their respective membership sales to their acquired students through the institute’s coupon code.

Reporting & Revenue Tracking:

Institutes can track all one-time incoming sales in their Revenue Report. However, the subscription type of revenue share model includes a lot of manual engagement, and Vlearny will share the details every month along with the payout to the institutes. At this time tracking through instructor’s dashboard it is not possible.

Pay-out Day:
We may provide, 15 Days money-back guarantee to our students. Every month between 7th. And 10thof the day the pay-out is given to the institutes. For example, any sales happened during the calendar month, Say May, the pay-out will be provided on 7th. July.