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Udemy update to their terms and conditions

Discussion in 'BlackHat Lounge' started by thatotherguy, Dec 17, 2014.

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  1. thatotherguy

    thatotherguy Power Member

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    This is what they update... how do you feel about this? What options did you pick?



    As an Instructor, You will be solely responsible for determining the fees You charge Users for Your Courses. You agree to charge only for Your own Submitted Content. The Company will handle billing and other fee interaction with Users. If You choose to participate in any of the Company's Marketing Programs, the fee You receive from the Company will be in accordance with the terms of the particular Marketing Program that applies to the sale of Your Course. Otherwise You will receive the following:


    Generally the Company will pay You fifty percent (50%) of the Net Amount received for Your Course. The Net Amount equals the amount actually received from Users for Your Course, less any refunds paid, applicable sales or other taxes (if any), and any amounts paid in connection with Marketing Programs that You participate in.


    You will be able to increase Your portion of the fee by promoting Your Courses by using a coupon code that You have created on Udemy in accordance with the instructions found at https://support.udemy.com/customer/portal/articles/1609093-instructor-revenue-share-new. For those Users that input Your coupon code at the time they enroll in Your Course, You will receive one-hundred percent (100%) of the Net Amount, less a three percent (3%) administrative and handling fee.


    You authorize the Company to perform the appropriate calculations, deduct and retain the transaction fee, and pay You the balance as indicated above.


    Marketing Programs include, but are not limited to, Company's Affiliate, Deals and Paid Advertising promotions. You acknowledge that the amounts paid for Marketing Programs are not fixed, and the Company has the sole discretion to determine those amounts and which Courses to offer as part of Marketing Programs. Further, the Company does not guarantee any minimum level of success in connection with any Marketing Programs, and its selection of Courses to include is not an endorsement of those Courses, or of You. As part of Your participation in Marketing Programs, You give Us permission to share Your Course, and information about You and the Course with Udemy employees and selected partners, for which you will not receive compensation. If You do not wish to participate in Marketing Programs, log into Your account and opt out of them.


    Users are entitled to refunds pursuant to Our general Terms of Service and You agree that Company may deduct such refunds from subsequent amounts owed to You. Company will issue remit to You any amounts remaining after the foregoing deductions and adjustments, in US dollars, via check or PayPal. Payment will be made within forty-five (45) days of the end of the month in which the fee for a Course was received. You are responsible for providing Company with all identifying and tax information necessary for the payment of amounts due.

    Udemy Deals Program: Targeted Price Testing to Drive Sales of Your Course(s)

    The Udemy Deals Program utilizes highly segmented discounting via email and other channels designed to price test and find the optimal price for Your Course(s). Typical deals offered under this program include both Percentage Promotions (e.g., 50% off) as well as Fixed-Price Promotions (e.g., $10, $19 or $29 deals).

    Deals Program offers may be promoted through the Site, or third party websites. Deals Program offers are typically available for less than a month, but You acknowledge that the actual duration and amount discounted may vary.


    Udemy Deals Programs come in two primary formats:


    1. Percentage Promotions: By participating in Percentage Promotions, You agree that We may offer Your Course(s) in limited time deals and price tests for a discount of up to and including 75% off the retail price that You set.


    2. Fixed-Price Promotions: By participating in Fixed-Price Promotions,You agree that We may offer Your Course(s) in limited time deals and price tests for a fixed price that will be less than the retail price that You set, but will not fall below $10. Unlike Percentage Promotions, the fixed price may represent a discount exceeding 75% depending on the retail price that You set.


    By participating in the Deals Program, You acknowledge that Your revenue share may vary, but will be 50% of Net Revenue in most cases.