This Promotions Policy was last updated on 08/08/2020.
1. Mentor Coupons & Mentor Referral Links
As a mentor, you may be able to increase your sales by promoting your nugget through a mentor referral link or coupon code. You may generate a coupon code for a discount or at Prime Nugget’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 mentee applies your discount coupon to a foreign currency transaction, we will apply a proportional discount in the mentee’s applicable currency.
Where a mentee applies your coupon code or nuggets referral link at checkout, your revenue share will be 70% of the Net Amount less any applicable deductions, such as mentee refunds.
Alternatively, you may be able to generate 100%-off coupons to offer your paid Nugget 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.
2. Promotional Programs
2.1 How the Promotional Programs Work
Prime Nuggets offers premium mentors who have generated a minimum of 500 mentees organically several optional marketing programs (“Promotional Programs”), which you can opt into through the Promotional Agreements page of your mentor settings. The specific promotional strategies offered may change from time to time. In connection with the Promotional Programs, your nuggets may also be priced higher at Prime Nugget’s discretion.
Not all promotional deals or programs will be available in all geographic territories or for all nuggets. Prime Nuggets has the sole discretion to determine which nuggets to offer as part of the Promotional Programs and to set or update sale prices. Prime Nuggets may remove any of your nuggets from the Promotional Programs at any time and in its sole discretion, with or without notice to you.
The discount amounts used in promotions programs are approximate, as the actual discount may be slightly higher due to rounding and currency conversion. Prime Nuggets does not guarantee any minimum level of success in connection with the Promotional Programs.
2.2 Prime Nuggets Deals Program
The Prime Nuggets Deals Program helps increase your revenue potential by enabling Prime Nuggets to offer your nuggets at a compelling discount and list price as part of targeted promotions. The Deals Program allows Prime Nuggets to offer your nuggets to mentees at a discounted price except in some geographical locations where the price may be lower. 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 40% of the Net Amount of the sale less any applicable deductions, such as mentee refunds.
2.3 Marketing Boost Program
Prime Nuggets has a network 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, Prime Nuggets leverages these partner sites and advertising platforms to promote your nuggets to new mentees at no up-front cost to you.
By participating in the Marketing Boost Program, you authorize Prime Nuggets to employ third parties, including resellers, distributors, affiliate sites, deal sites, and paid advertising on third-party platforms (together, “Advertising”) to promote your nuggets. By participating in the Marketing Boost Program, you agree that your revenue share will be 40% of the Net Amount of the sale less any applicable deductions, such as student refunds.
2.4 Prime Nuggets for Business Program
The Prime Nuggets for Business (PNFB) collection (“Collection”) is a subscription-based nugget collection available to business customers, including private, public, non-profit, and government organizations (“PNFB Customers”), featuring a select group of Prime Nuggets’ top nuggets for professional and personal development skills.
By opting into the Prime Nuggets for Business Program, you agree to make all of your nuggets eligible for inclusion in the Collection. We may elect whether to select your nuggets 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 nugget is included in the Collection, you may not unpublish that nugget.
By participating in the Prime Nugget for Business Program, you agree that your revenue share will be calculated as follows:
- Each month, Prime Nuggets will calculate the total monthly subscription fees paid to Prime Nuggets on behalf of all current PNFB Customers minus any applicable Transaction Taxes, foreign exchange fees, and third-party payment processing fees.
- Twenty five percent (40%) of this amount will be allocated to mentors participating in the Prime Nuggets for Business Program (“mentor Revenue Pool”) as further described below.
- Each month, Prime Nuggets will calculate the total minutes of nugget content in the Collection consumed by all current PNFB Customers (“Total Minutes Consumed”). For clarity, the Total Minutes Consumed does not include any consumption by access through a free trial.
- Each month, Prime Nuggets will also calculate how many of the Total Minutes Consumed are attributable to each of your nuggets that were included in the Collection that month (“Your Nuggets Minutes”).
- To calculate your revenue share each month, Prime Nuggets will divide the mentor Revenue Pool by the Total Minutes Consumed, then multiply that per-minute amount by Your Nuggets Minutes.
Once your nugget is included in the Collection, you agree that you will not begin to offer any pre-recorded nuggets or courses that directly compete with or injure the sales of that nugget on any site or platform other than your own. For clarity, this doesn’t include literary works or in-person instructional training. If you choose to terminate your participation in the Prime Nuggets for Business Program, you agree that this exclusivity provision will remain in place until we remove your nugget from the Collection.
You can choose to terminate your participation in the Prime Nuggets for Business Program at any time. Prime Nuggets will remove your nuggets from the Collection within 12 months of termination and will continue to pay you revenue share based on the then-current rates until your nuggets are removed from the Collection. Once your nuggets are removed from the Collection, PNFB Customers will no longer be able to enroll in your nuggets and you will no longer earn Prime Nuggets for Business Program revenue share, but any student of a PNFB Customer who previously enrolled in your nuggets will continue to be able to access those nuggets for as long as the PNFB Customer remains subscribed to Prime Nuggets for Business.
2.5 Opting Out
Except as otherwise stated above, you can opt out of the Promotional Programs at any time. However, your nuggets 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.
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 send us an email via [email protected]