Pricing Policy

PM e-School Pricing Policy

This Pricing Policy was last updated on February 9, 2021.

This Pricing Policy (“Policy”) includes information about methods that PM e-School instructors can use to promote their courses, including instructor coupons, course referral links and PM e-School’s optional marketing programs. This Policy is incorporated by reference into our Terms of Use and Instructor Agreement. Any capitalised terms that are not defined in this Policy are defined as specified in the Terms of Use or Instructor Agreement.

 

1. Instructor Coupons And Course Referral Links

As an instructor, you may be able to increase your sales by promoting your course through a course referral link or coupon code. You may generate a coupon code for a discount or at PM e-School’s current price, as permitted within the Services. Note that the actual discount may be slightly higher due to rounding and currency conversion. When a student applies your discount coupon to a foreign currency transaction, we will apply a proportional discount in the student’s applicable currency.

Where a student applies your coupon code or course referral link at checkout, your revenue share will be sixty percent (60%) of the Net Amount less any applicable deductions, such as student refunds.
Alternatively, you may be able to generate 100%-off coupons to offer your paid course for free. You may not sell free coupons on third-party websites or otherwise offer them in exchange for compensation.

 

2. Promotional Programs

2.1 How the Promotional Programs Work

PM e-School offers premium instructors several optional marketing programs under Promotional Programs, where you can let us know we will help you to do necessary adjustment on the settings. The specific programs offered may change from time to time. In connection with the Promotional Programs, your courses may also be priced higher at PM e-School’s discretion.

Not all deals or programs will be available in all geographic territories or for all PM e-School courses. PM e-School has sole discretion to determine which courses to offer as part of the Promotional Programs and to set or update sale prices.

The discount amounts referenced below are approximate, as the actual discount may be slightly higher due to rounding and currency conversion. PM e-School does not guarantee any minimum level of success in connection with the Promotional Programs.

2.2 Marketing Boost Program

PM e-School may have a network of multiple affiliate sites and established relationships with third-party deal sites. We also have a team dedicated to placing paid digital advertisements. Through the Marketing Boost Program, PM e-School leverages these partner sites and advertising platforms to promote your courses to new students at no up-front cost to you.

By participating in the Marketing Boost Program, you authorise PM e-School to employ affiliate sites, third-party deal sites, and paid advertising on third-party platforms (together, to advertise and to promote your course. In calculating your revenue, PM e-School may deduct fees associated with this Advertising from the Gross Amount before calculating the Net Amount of the sale.

By participating in the Marketing Boost Program, you agree that your revenue share will be twenty five (25%) of the Net Amount of the sale less any applicable deductions, such as student refunds.

2.3 PM e-School for Business Program

The PM e-School for Business Program is a subscription-based course collection available to business customers category featuring a select group of PM e-School’s top courses for professional and personal development skills.

By opting into the PM e-School for Business Program, you agree to make all of your courses eligible for inclusion in the Collection. We may elect whether to select your courses for inclusion in the Collection and may change the selection from time to time at our sole discretion. As the Collection is subscription-based, we may also select sale prices at our discretion. While your course is included in the Collection, you may not un-publish that course or make it private.

Revenue Share

By participating in the PM e-School for Business Program, you agree that your revenue share will be calculated as follows:

1. Each month, PM e-School will calculate the total monthly subscription fees paid by all current PM e-School Students minus any applicable Transaction Taxes, foreign exchange fees, and third-party payment processing fees.
2. Twenty five percent (25%) of this amount will be allocated to instructors participating in the PM e-School for Business Program (“Instructor Revenue Pool”) as further described below.
3. Each month, PM e-School will calculate the total minutes of course content in the Collection consumed by all current PM e-School Students (“Total Minutes Consumed”).
4. Each month, PM e-School will also calculate how many of the Total Minutes Consumed are attributable to each of your Courses that were included in the Collection that month (“Your Course Minutes”).
5. To calculate your revenue share each month, PM e-School will divide the Instructor Revenue Pool by the Total Minutes Consumed, then multiply that per-minute amount by Your Course Minutes.

PM e-School Pricing Strategy

Tasks List:

  1. Platform Hosting
  2. Platform Maintaining
  3. Course Marketing
  4. Marketing and Sales
  5. Instructors Support
  6. Students Support
  7. Course Material and Content Development
    a. course introduction;
    b. course outlines;
    c. content written materials;
    d. quiz materials;
    e. images sources;
    f. PowerPoint creating;
    g. audio recording and editing;
    h. video shooting and editing;
    i. conduct online web-classroom
  8. Course Materials and Content Uploading
Tasks Profit Shares
PM e-School Instructor PM e-School Instructor
1, 2, 3, 4, 5, 6,8 7 50% 50%

 

Exclusivity

Once your course is included in the Collection, you agree that you will not begin to offer any pre-recorded courses that directly compete with or injure the sales of that course on any site or platform other than your own. For clarity, this does not include literary works or in-person instructional trainings. If you choose to terminate your participation in the PM e-School for Business Program, you agree that this exclusivity provision will remain in place until we remove your course from the Collection.

Termination

You can choose to terminate your participation in the PM e-School for Business Program at any time. PM e-School will remove your courses from the Collection within twelve (12) months of termination and will continue to pay you revenue share based on the then-current rates until your courses are removed from the Collection. Once your courses are removed from the Collection, Students will no longer be able to enrol in your courses and you will no longer earn PM e-School for Business Program revenue share, but any students who previously enrolled in your courses will continue to be able to access those courses for as long as the PM e-School Student remains subscribed to PM e-School for Business.

2.4 Opting Out

Except as otherwise stated above, you can opt out of the Promotional Programs at any time. However, your course will remain subject to any applicable sales, campaigns, or promotions that are already active at the time you opt out, until those sales, campaigns, or promotions are completed.

 

3. Modifications

We may update this Policy from time to time to clarify our practices or to reflect new or different practices. If we make any material change, we will notify you using prominent means such as by email notice sent to the email address specified in your account or by posting a notice through our Services. Modifications will become effective on the day they are posted unless stated otherwise.

 

4. How to Contact Us

If you have any questions about this Policy, please contact us at info@pm-eschool.com.

DESIGNED © PM RESOURCES SDN BHD. ALL RIGHTS RESERVED.
X