This Promotions Policy was last updated on August 5th 2020
This Promotions Policy
(“Policy”) includes information about methods that Gurukol instructors can use
to promote their courses, including instructor coupons, course referral
links and Gurukol’s optional marketing programs. This Policy is incorporated by
reference into our Terms of Use and Instructor Terms.
Any capitalized terms that aren’t defined in this Policy are defined as
specified in the Terms of Use or Instructor Terms.
Any version of these
Terms 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.
1. Instructor Coupons & 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 Gurukol’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 50% 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. These
coupons may be subject to limits, and you may not sell free coupons on
third-party websites or otherwise offer them in exchange for compensation. You
would bear the cost of 100% promotion and Gurukol will deduct the amount as per
the Instructor revenue share agreement.
2. Promotional Programs
2.1 How the Promotional
Programs Work
Gurukol offers premium
instructors several optional marketing programs (“Promotional Programs”), which
you can opt into through the Promotional
Agreements page of your instructor 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 Gurukol’s
discretion.
Not all deals or programs
will be available in all geographic territories or for all Gurukol courses. Gurukol
has sole discretion to determine which courses to offer as part of the
Promotional Programs and to set or update sale prices. Gurukol may remove any
of your courses from the Promotional Programs at any time and in its sole
discretion, with or without notice to you.
The discount amounts
referenced below are approximate, as the actual discount may be slightly higher
due to rounding and currency conversion. Gurukol does not guarantee any minimum
level of success in connection with the Promotional Programs.
2.2 Gurukol Deals Program
The Gurukol Deals Program
helps increase your revenue potential by enabling Gurukol to offer your course
at a compelling discount and list price as part of targeted promotions. The
Deals Program allows Gurukol to offer your course to students at a discounted
price or list price no lower than $10 USD (or local equivalent), except in
Australia, Brazil, India, Mexico, South Africa, and Turkey and sales to Gurukol’s
resellers or distributors, where the price may be lower.
Where a sale to a Gurukol
reseller or distributor results in a sale price for your course that is lower
than permitted by this Policy, Gurukol will calculate your revenue share based
on a Gross Amount permitted by this Policy.
Deals Program deals may
be promoted through the Services, communications to users, or third-party
platforms, and the duration of the deals may vary.
By participating in the
Deals Program, you agree that your revenue share will be 50% of the Net Amount
of the sale less any applicable deductions, such as student refunds.
|
Minimum Base Price |
Maximum Base Price |
Minimum Sales Price |
Increments |
USD ($) |
19.99 |
199.99 |
9.99 |
5 |
GBP (£) |
19.99 |
199.99 |
9.99 |
5 |
JPY (¥) |
2400 |
24000 |
1200 |
600 |
EUR (€) |
19.99 |
199.99 |
9.99 |
5 |
SGD (S$) |
29.99 |
209.99 |
14.99 |
5 |
MXN ($) |
270 |
2970 |
N/A |
75 |
BRL (R$) |
39.99 |
579.99 |
N/A |
15 |
CAD ($) |
24.99 |
204.99 |
12.99 |
5 |
AUD ($) |
24.99 |
204.99 |
N/A |
5 |
ILS (₪) |
79.99 |
799.99 |
39.99 |
20 |
TWD (NT$) |
600 |
7800 |
300 |
200 |
ZAR (R) |
300 |
2100 |
N/A |
50 |
INR (₹) |
1280 |
12800 |
N/A |
320 |
PLN (zł) |
69.99 |
609.99 |
34.99 |
15 |
TRY (₺) |
49.99 |
409.99 |
N/A |
320 |
NOK (kr) |
250 |
2410 |
125 |
60 |
KRW (₩) |
22000 |
220000 |
11000 |
5500 |
THB (฿) |
600 |
7800 |
300 |
200 |
RUB (₽) |
1799 |
19799 |
799 |
500 |
IDR (Rp) |
280000 |
2800000 |
140000 |
70000 |
2.3 Marketing Boost
Program
Gurukol has a network of
tens of thousands of 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, Gurukol 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 authorize Gurukol to employ third parties,
including resellers, distributors, affiliate sites, deal sites, and paid
advertising on third-party platforms (together, “Advertising”) to promote your
course. In calculating your revenue, Gurukol 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 25% of
the Net Amount of the sale less any applicable deductions, such as student
refunds.
2.4 Gurukol for Business
Program
The Gurukol for subscription-based
courses for Business (GSBC) collection (“Collection”) is a subscription-based
course collection available to business customers, including private, public,
non-profit, and government organizations (“GSBC Customers”), featuring a select
group of Gurukol’s top courses for professional and personal development
skills.
By opting into the Gurukol
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. Because the Collection is subscription-based, we may also
select sale prices and offer free trials at our discretion. While your course
is included in the Collection, you may not unpublish that course or make it
private.
Revenue Share
By participating in the Gurukol
for Business Program, you agree that your revenue share will be calculated as
follows:
1) Each
month, Gurukol will calculate the total monthly subscription fees paid to Gurukol
on behalf of all current GSBC Customers 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 Gurukol for Business Program ("Instructor Revenue Pool") as
further described below.
3) Each
month, Gurukol will calculate the total minutes of course content in the
Collection consumed by all current GSBC Customers ("Total Minutes
Consumed"). For clarity, the Total Minutes Consumed does not include any
consumption by access through a free trial.
4) Each
month, Gurukol 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, Gurukol will divide the Instructor
Revenue Pool by the Total Minutes Consumed, then multiply that per-minute
amount by Your Course Minutes.
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 doesn’t
include literary works or in-person instructional trainings. If you choose to
terminate your participation in the Gurukol 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 Gurukol for Business Program at any time. Gurukol
will remove your courses from the Collection within 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, GSBC Customers will no longer be able to enroll in
your courses and you will no longer earn Gurukol for Business Program revenue
share, but any student of a GSBC Customer who previously enrolled in your
courses will continue to be able to access those courses for as long as the GSBC
Customer remains subscribed to Gurukol for Business.
2.5 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 our Support Team.