Monetization options let you customize everything that you need to earn from your Tutor LMS site. Below you will find the settings that you need to customize to maximize your earning potential.
Select eCommerce Engine: Select a monetization option to generate revenue by selling courses. Supports: WooCommerce, Easy Digital Downloads, Paid Memberships Pro, and Restrict Content Pro. Please note that multiple eCommerce engines will not work at the same time. You can only have one eCommerce engine working at a time.
Enable Guest Mode: Allow customers to place orders without an account.
Sharing Percentage: Select a monetization option to generate revenue by selling courses. Supports: WooCommerce.
Enable Revenue Sharing: Allow sharing revenue generated from courses with course creators.
Show Statement Per Page: Define the number of statements to show.
Deduct Fees: Fees are charged from the entire sales amount. The remaining amount will be divided among admin and instructors.
Fee Description: Set a description for the fee that you are deducting. Make sure to give a reasonable explanation to maintain transparency with your site’s instructors.
Fee Amount & Type: Select the fee type and add fee amount/percentage. You can either set a fixed amount or set a percentage that will go to the instructor.
Minimum Withdrawal Amount: Instructors should earn equal or above this amount to make a withdrawal request. Set the minimum amount that they will be able to withdraw.
Minimum Days for Balance to be Available: Any income has to stay this amount of days in the platform before it is available for withdrawal.
Enable Withdraw Method: Set how you would like to withdraw money from the website.
Bank Instructions: Allow getting bank instructions to conduct the withdrawal.