Teach Simple is a subscription service that provides users with access to a wide range of digital educational assets, including worksheets, lesson plans, e-books, games and much much more. As a talented, enthusiastic teacher, you now have the opportunity to share the materials you have poured your heart and soul into with others who will appreciate them and use them to enrich the education of their students.
By becoming a contributor at Teach Simple, you can make extra money doing what you love – creating unique and engaging materials using your teaching expertise. At Teach Simple, we are passionate about rewarding educators for the specific materials they create whenever they are downloaded and used by subscribers. We want our contributors to be focused on creating engaging, high-quality resources that fellow teachers can use to enhance their students’ learning.
What is Subscriber Share?
Teach Simple has chosen to use the “subscriber share” payout model to distribute earnings to contributors. The core idea behind subscriber share is that a subscriber’s money should go to the content and contributors they actually use and value.
With subscriber share, a contributor’s earnings are directly linked to the money collected from each individual subscriber. This is in contrast to the traditional approach used by other subscriptions, such as popular music streaming platforms, where earnings are distributed based on the global popularity of an item.
At Teach Simple, we reward our contributors with a distribution of 50% percent of the revenue generated by the subscribers who downloaded their content. The amount that is earned depends on two factors:
- One is how much value is added to the subscriber’s experience based on the point values (1-10) assigned to resources.
- The other is the number of resources downloaded within a month.
Subscriber Share Details:
Teach Simple uses the subscriber share system to offer thousands of resources to their subscribers for a flat monthly fee. But how does it work?
As mentioned before, Contributors earn points based on both how often their items are accessed during a month and the quality of those items. The amount that is earned will depend on how much value the contributor added to the subscriber’s experience. These are the point values (1-10) assigned to resources when uploaded into our marketplace.
Real Example:
A single subscriber generates monthly revenues (excluding transactional taxes) of $14.99. Therefore, the amount available for sharing with the creators of those resources is 50% x $14.99 = $7.49
On average, our subscribers download two resources each month, so let’s say this subscriber does the same and downloads two resources from two separate contributors.
One resource is a set of lesson plans and has a point value of 5, and the other is a high-quality set of unit studies and therefore has a higher point value of 10. The subscriber has downloaded a total of two resources representing 15 points.
Contributor 1 = 5 Points
Contributor 2 = 10 Points
One contributor has earned 5 points from this subscriber, and the other has earned 10 points. Therefore, from the $7.49 collected, the subscriber share allocation will be:
Contributor 1 = $2.54
Contributor 2 = $4.95
Going Further:
The above calculation is applied to every subscriber on our platform but for further clarity, let us go a step further and consider three subscribers’ usage patterns.
Unallocated Funds:
In addition to the example above, it is often the case that some subscribers do not download any resources during the month. So what happens when a subscriber pays Teach Simple but doesn’t download any resources?
In this case, Teach Simple will still allocate 50% of the net revenue to our contributors; however, because the user did not download any resources, these unallocated funds are distributed a bit differently.
Simply put, these funds are added as a bonus on top of all products that were downloaded during the month based on the percentage of points a contributor has earned that month. For example, if a contributor has earned 5% of all points accrued during the month, they will receive 5% of all the unallocated funds.
Using the previous example, let’s say we have $25 in unallocated funds to distribute:
Subscriber Share
Unallocated Funds
Total Earnings
Why Use Subscriber Share:
The subscriber share model encourages contributors to create items that are broadly appealing to many subscribers, as well as unique items that serve specific niches. It also discourages copycat items and attempts to game the system. This means that over time, the Teach Simple library will evolve to include a wide range of unique and diverse content that attracts and retains subscribers.
