Primeclass is like coding bootcamps, but for the content creation niche. We help photographers, videographers, illustrators and voice artists become freelancers and get a decent income.
Current Status
On October 17 we get our first sale in US. Since then we did grow every month and improved our metrics. Our January results:
Total Revenue - $60K, Customer Acquisition costs: 7K, LTV/CAC ratio is 8
Problem or Opportunity
85% of adults do not receive a decent income or work in an unloved job
Solution (product or service)
We help people become high paid freelancers in content creation niche by:
-Teaching hard skills at our bootcamps
-Teaching business skills at our career accelerator
-Empowering them to get more money through networking and marketplaces
Business model
We charge our customers using a combination of customer-focused payment plans with an average revenue $8K per customer:
upfront and deposit plans
installment plans -customers start paying 30 days after enrollment
income sharing plans -, customers start paying after graduation, this is 11 months after enrollment
this scheme helps us maximize conversion while balancing LTV/CAC and CAC payback period.
