Overview of Payment Process for Coaches

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  • Coaches set up their public profile, availability, rates, and payout Stripe accounts inside PodPlay, from within the Coach Settings

  • Once completed, the Coach will receive money to their Stripe account, which is paid out weekly to the Coach from Stripe

  • There are two ways a Coach can make money:

    1. Reservations (private lessons)

      1. A Customer reserves a Court and adds a Coach to their Reservation.

        1. The Court rate is strictly for the Club, and the Coach Rate (hourly) is set in the Coach Settings

          1. The Coach Rate can be split further between Coach and Club, with either a % value or a $ value

        2. If there is an additional split, i.e. a Lesson is $60 = Court costs $10 (Club receives), Coach costs $50

          1. Revenue to the Club is $20 = $10 for the Court +$10 from Coach Lesson (20% of $50)

          2. And the Coach receives $40

        3. If there is not an additional split, i.e. a Lesson is $60 = Court costs $10 (Club receives), Coach costs $50, with a split of 0% between Club and Coach, then:

          1. Revenue to the Club = $10 for the Court

          2. And the Coach receives $50

        4. For longer Reservations, the cost of both the Court and the Coach goes up as the rates are based on a per-hour basis

      2. The payout method is a letter V shape

        1. The funds move from the Customer and are split between Club and Coach

          1. With another potential split on the funds heading to the Coach

    2. Events (Clinics, Private Events, Parties)

      1. For any Event where a Coach is added, the rate is set during the process of adding a Coach.

        1. If the Coach rate is set at $50, the Coach receives $50 for lessons during that Event

          1. It doesn't matter if the Event is 1 hour or 2 hours, the rate is static (does not change)

          2. It does not matter if there are 4 Customers who join the Event or 10 Customers, the rate for the Coach is set

        2. The Coach is paid from the Club's Stripe account

      2. The Club decides the cost for the Customer to join the Event

        1. The Club will receive Customer funds, regardless if 4 Customers or 10 Customers join the Event

      3. The payout method is a letter L shape

        1. The funds move from the Customer to the Club, and the Club pays the Coach