Pricing and Promotions Policy | Gurukol

Promotions Policy

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
(Tier 1)

Maximum Base Price
(Tier 3-7)

Minimum Sales Price
After Discount

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.