According to survey responses from nearly 1000 potential buyers in our community, product and service pricing on Academy 1854 can be decided as followed: >1,000 survey responses from potential buyers in our community have valued the initial services you can offer as follows:
Portfolio review – a 30-minute review had an average indicated value of $86, and 63% of people valued this service at between $50-$100 (22% stated >$100). A and a 60-minute session had an average indicated value of $137, and 69% of people valued this service at >$100 (25% stated >$200)
1-on-1 Mentoring – a mentoring course, split across a series of sessions over several weeks, which could run over several hours spread over several weeks had an average indicated value of $270, with 76% of people valuing this service at >$200 (48% stated >$300, 28% >$400, and 18% >$500)
Open masterclasses – a per participant, per 60-minute session – had an average indicated value of $104, with 45% of people valuing this service at >$100, and 25% >$200 (per person, per one-hour workshop/masterclass). You can decide upon and cap the number of participants per masterclass.
Webinar - a per participant, per 60 minutes webinar – had an average indicated value of $76, with 34% of people valuing this service at >$100, and 19% >$200 (per person, per one-hour webinar). You can decide upon and cap the number of participants per webinar.
(Please note these are offered purely as a guide and surveyed respondents used US$. The platform will offer pricing in US$, Euros, and £GBP as the base price.)
Please note that the income you receive will be net of the 5% platform fee and 1854’s 25% commission (which is passed on to 1854 Access Members as a discount).
By adding approximately 40% to the amount you wish to earn for each product, you can arrive at the amount you may wish to charge customers for your services.
These rates are planned for (beta) launch but may be subject to change over time.