Subject
- #durumis
- #Fees
- #Online Course
- #Creator
- #Sales Platform
Created: 2024-06-18
Created: 2024-06-18 12:57
With the recent proliferation of online education, freelancers and creators are generating new revenue through online lectures. Following the pandemic, which accelerated this shift, the Littly platform has gained attention for its low sales commission (up to 5%, PG company 2%), supporting creators in expanding their income through online lecture sales. In this article, we will explore the unique advantages Littly offers compared to other platforms and how creators can leverage it to effectively market their lectures and increase their earnings.
While existing lecture sales platforms are convenient and well-known, creators face the limitation of having to pay a significant portion of their earnings to the platform in the form of high commissions. Lecture sales sites enforce strict rules regarding course structure and pricing, making it difficult for sellers to freely set their desired prices. This restricts maximum earnings and leads to a continuous increase in user dissatisfaction.
<Online Sales Platform Satisfaction Survey Results: High sales fees were the most common complaint.>
Furthermore, limitations on individuality and creativity can be mentioned. Most traditional learning sites impose stringent criteria on the format and content of lectures, making it challenging to create unique lecture content.
As mentioned above, while traditional learning sites have a strong learner base and high recognition, they impose significant restrictions on lecture creators' monetization through high commissions and strict price limitations. Due to these limitations, platforms like Littly, which offer lower commissions and allow for the sale of unique content, are gaining popularity among creators.
So, in what ways is selling lectures on Littly better than other platforms? Let's take a look at some of the features.
Without complicated class restrictions or enforced formats, you can freely plan and produce lectures, allowing creators to maximize their ideas and knowledge, resulting in more engaging and diverse lectures.
You can set the lecture duration and utilize features that block abnormal file downloads and sharing, enabling meticulous content security management. This meticulous approach helps creators securely manage their lecture and sales content.
Littly boasts the lowest sales commission among domestic lecture sales platforms. (Littly's commission for talent sales, including lectures and ebooks, ranges from 2% to 5%, with a 2.9% PG company payment processing fee, plus VAT on commission). This reduces the commission burden for creators in the market and allows them to keep the majority of their lecture sales revenue, unlike the past where they had to share a large portion with the platform.
For these reasons, Littly becomes an attractive option for creators looking to sell lectures. From easy lecture creation and thorough copyright protection to a reasonable commission policy, Littly provides everything creators need to monetize their knowledge.
Various sales platforms such as Talin, Class 101, and Kmong require you to consider a basic sales commission of 15-20% or more. Within this range, the commission is further divided based on whether it is self-provided content or if platform editing services are used. Let's take a closer look.
While it offers a variety of educational and hobby classes, the commission is high, accounting for the majority of a creator's earnings. A 15% commission is levied on one-day classes, 14% on multi-session classes, and 20% on ebooks and recorded videos. Commissions increase with the use of additional services, and VAT and 3.3% income tax are withheld at source.
Previously, their policy was to take 50-80% of the sales revenue per lecture, but they have transitioned to a subscription model. Users can access unlimited services for 20,000 won per month, and sellers receive payment based on lecture playback time. (*Similar to YouTube revenue settlement*)
Littly maintains a sales commission of 2-5% for all products, and the PG company's payment processing fee is 2.9%, making it more competitive than other platforms. The structure is set up so that the commission rate decreases as cumulative earnings increase (5% for cumulative earnings below 1 million won, 4% for over 1 million won, 3% for over 10 million won, and 2% for over 1 billion won), allowing creators to earn more net income in the long run.
In addition, Littly offers various mobile web builder features that enhance users' social media profiles, significantly contributing to creator personal branding and marketing efforts. The fact that there are no initial costs and that sales pages can be built freely without additional approvals or restrictions is also a strength unique to Littly.
Littly has already been selling various digital products, and with recent updates, it has become possible to sell online lectures, including video materials and PDF lecture materials. This provides a new sales channel for educational content creators.
First, sign up for Littly and add a sales block. Select the VOD lecture sales block and enter the basic information about the lecture (block title, image, lecture description).
Click the lecture registration button to set the title, price, and course duration. You can also prevent unauthorized access and leakage, and limit the number of sales if needed. You can upload up to 30 lecture videos, each up to 2GB in size, and provide lecture materials in PDF format for effective management of all lecture-related materials.
Learners can view the lecture content on the Littly page, select the desired lecture, and enter their payment information to purchase the lecture. After payment, they can click the lecture room entry button or access the lecture video and download materials through the email used during checkout.
Ensure that all content related to online lectures does not infringe on copyright, and use a platform that takes appropriate measures to prevent unauthorized copying or leakage of lecture content.
Before choosing a platform to sell your online lectures, clearly understand the platform's commission structure and sales and refund policies. It is crucial to clearly understand the cost structure, including the commission structure and refund policy, as this directly impacts your sales revenue projections.
Successful online lectures rely on quality and content. Sellers should structure lectures for easy comprehension and continuously manage quality. Incorporating learner feedback and updating lectures regularly is also essential.
It is important to understand and comply with legal requirements and tax issues when selling online lectures. Be sure to file taxes on lecture earnings and understand and comply with relevant regulations.
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