Revenue and withdrawal guidelines
Creating transparent revenue and withdrawal guidelines is essential for instructors on Enrolkart to understand how they can earn and withdraw their earnings from the platform. This guide provides detailed steps on how to establish revenue and withdrawal guidelines within the platform.
Step 1: Log In to Your Instructor Account
Open your web browser and navigate to the Enrolkart website: Enrolkart.com.
Click on the “Log In” button located at the top-right corner of the homepage.
Enter your registered email address and password to access your instructor account.
Step 2: Access Your Instructor Dashboard
After logging in, you will be directed to your instructor dashboard. If not, find and click on the “Instructor” or “Policy and Guidelines” option to access your revenue and withdrawal guidelines tools.
Step 3: Create Revenue and Withdrawal Guidelines
Within the instructor dashboard, locate the section for revenue and withdrawal guidelines. Create a comprehensive set of guidelines to inform instructors about earning and withdrawing revenue from Enrolkart.
Step 4: Define Revenue Sharing Model
Explain the revenue-sharing model for instructors on Enrolkart. Detail how earnings are calculated and what percentage of course sales instructors can retain.
Step 5: Set Payment Schedule
Specify the payment schedule for instructors. Outline when instructors can expect to receive payments for their earnings (e.g., monthly, bi-weekly).
Step 6: Minimum Threshold for Withdrawal
Clearly state the minimum threshold that instructors must reach in their earnings before they can request a withdrawal. This threshold may vary based on payment methods.
Step 7: Choose Payment Methods
List the available payment methods on Enrolkart, such as bank transfers, PayPal, or other options. Explain how instructors can select their preferred payment method.
Step 8: Tax and Withholding Information
Provide guidance on tax requirements and withholding, especially for international instructors. Explain the tax implications and how to submit necessary tax information.
Step 9: Requesting Withdrawals
Explain the process for instructors to request withdrawals. Detail the steps they need to follow and any supporting documentation required.
Step 10: Processing Time
Specify the processing time for withdrawal requests. Indicate how long it typically takes for withdrawals to be processed and funds to reach the instructor’s account.
Step 11: Currency and Exchange Rates
Clarify the currency in which instructors will receive their earnings and how exchange rates are determined, especially for international instructors.
Step 12: Fee Structure
If there are any fees associated with withdrawals, list them and provide a breakdown of how these fees are calculated.
Step 13: Communicate Changes
In the event of updates or changes to the revenue and withdrawal guidelines, communicate these changes to instructors. Ensure that they are aware of any modifications.
Step 14: Promote Awareness
Encourage instructors to read and understand the revenue and withdrawal guidelines. Mention the guidelines on the platform and provide easy access to them.
Step 15: Seek Support (if needed)
If you have questions or need assistance with creating or modifying revenue and withdrawal guidelines, contact Enrolkart’s support team for guidance.
By following these steps, you can establish clear and transparent revenue and withdrawal guidelines on Enrolkart, ensuring that instructors understand how they can earn and access their earnings from the platform. Transparent guidelines build trust and confidence among instructors and contribute to a positive teaching experience.
