Pricing and Promotions Policy

Pricing and Promotions Policy (effective August 30, 2017)


Table of Contents

PRICING

Selecting a Base Price

Revenue Share and Taxes

Revenue Report

PROMOTIONS

Tufuzu’s Marketing Programs for Paid Courses

Tufuzu Marketing Boost Program: A Multi-Channel Marketing Program to Drive Sales of Your Course

Instructor Created Coupons


This Pricing and Promotions Policy includes all of the information on Our pricing, optional marketing programs, and promotions commencing August 30, 2017.

We will provide You notice via email or a notification on the Tufuzu website prior to any material changes to this Pricing and Promotions Policy taking effect. If You have any questions on this policy, please email Our Support team using the Contact Us form below.

All capitalized terms used and not otherwise defined herein shall have the meaning as provided in Tufuzu’s Terms of UseTerms or Instructor Terms and Conditions (“Instructor Terms”). This Pricing and Promotions Policy is subject to the terms and conditions set forth in the Instructor Terms.

Any version of this Pricing and Promotions Policy in a language other than English is provided for convenience and You understand and agree that the English language will control if there is any conflict.


PRICING

Selecting a Base Price

As an Instructor, You may select a Base Price for Your Course based on the pricing table below:


Currency    Minimum Base Price    Maximum Base Price    Minimum Sales Price After Discount    Increments
USD 20 1000 10 5



You can change the base price of your course by going to the “Price Edit” screen in Your Instructor Account. Thereafter, Students will see the price selected, unless otherwise adjusted pursuant to the terms of this Pricing and Promotions Policy. This price table will be updated periodically according to market conditions.

Except when a Course is made available through Tufuzu’s Marketing Programs (which you voluntarily opt-in), an Instructor will be solely responsible for determining the Base Price to be charged for such Course, in accordance with the Instructor Terms.


Revenue Share and Taxes

As set forth in Section 9 of the Instructor Terms, If You do not opt into the Tufuzu Marketing Programs (see below), We will pay You Seventy percent (70%) of the Net Amount received for Your Course less any applicable deductions such as Student refunds (“Standard Revenue Share”). Should You decide to opt in to any of Our Marketing Programs, the relevant revenue share may be different, as defined for each program.

Tufuzu makes all payments to Instructors in USD regardless of the currency in which the Student transacts.

When the country from which the Student purchases the Course requires Tufuzu to remit Value Added Tax (VAT) or GST (Goods & Services Tax), We will deduct the tax amount from the Course Sale Price when calculating the Net Amount. The Net Amount will be split between Tufuzu and Instructors under the applicable revenue share model.

Countries requiring VAT / GST currently include all European Union (EU) countries, the U.K., South Korea, Japan, New Zealand and Australia, but Tufuzu reserves the right to add additional countries to this list as necessary.

When applicable, Tufuzu charges and pays European Union taxes for website purchases.


Revenue Report

Your revenue report will display the local Sales Price (in USD). You can view it when logged in account. Revenue report for video courses is accessible through the "Transactions" tab while the revenue report for other products (live tutorials and live courses) is available though the "Credits" tab


PROMOTIONS

Tufuzu gives Instructors an opportunity to opt into the following currently available marketing programs (“Marketing Programs”) via Your Instructor Account. For your course to be eligible for promotion using our marketing programs, tick (☑) the ‘Admin Discount’ check box in on the course details page. The current marketing program is explained below:

Tufuzu Marketing Boost Program: A Multi-Channel Marketing Program to Drive Sales of Your Course

a) Tufuzu uses a network of partner sites ("Affiliates") and established relationships with third-party deal sites ("Deal Partners," and with Affiliates, "External Partners"). We also use advanced digital marketing tactics (such as paid advertising). The Tufuzu Marketing Boost program is the Tufuzu Marketing Program that promotes Courses through Affiliates and Third Party Platforms Deal Partners such as Facebook. There is no upfront cost to this program.

b) When Tufuzu, at its option, purchases and places advertisements for Your Course on Third Party Platforms, and tracks the resulting sales through appropriate means (including, but not limited to, tracking pixels, cookies and the like) ("Paid Advertising"), there will be fees associated with such Paid Advertising activities.

c) Revenue Share: By participating in the Tufuzu Marketing Boost program, You agree that Tufuzu: (i) may employ External Partners and undertake Paid Advertising to promote Your Courses; (ii) not all programs are available in all geographic territories; and (iii) may deduct External Partner fees or Paid Advertising fees before calculating the Net Amount. You acknowledge that in connection with the Tufuzu Marketing Boost program, Your revenue share may vary, but will be not less than 50% of Net Amount in most cases.


Instructor Created Coupons

As an Instructor, You may be able to increase Your sales by promoting Your Course(s) by using a coupon code (“Coupon Code”) that You have created on Tufuzu. You will receive eighty percent (80%) of the Net Amount (as defined in the Instructor Terms) from those Student who input Your Coupon Code at the time they enroll in Your Course.

By using Coupon Codes, You may offer Your Course(s) at any percentage discount, provided Your Course Sale Price does not fall below $10 USD. Alternatively, You may also offer Your Course(s) for free, i.e. at a full 100% off of the Base Price. Note that the actual discount may be slightly higher due to rounding and currency conversion. Notwithstanding the foregoing, You may issue Coupon Codes that allow Users to take Your Course for free.

When the country of the Student requires Us to charge tax, Course prices set by Instructors are inclusive of tax in the transaction. When an Instructor sees this transaction in the revenue report, the revenue share is calculated from the price the Student paid minus tax.


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