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# Example 8: Pricing based on hourly rates

I've recently developed a class on line, but don't know how to price it, can the time recording data provide me with some reference?

First of all, I can give you an estimate of the time to record a course, recording time = final draft time \* 15, that is, to see a 1-minute course, recording plus post, etc. 15 minutes will be invested.

So assuming there is a 1 hour recording session, how much would it sell for?

Let's do the costing:

![](https://gblobscdn.gitbook.com/assets%2F-LhBSfOLQDck_EdELnqq%2F-LmjTn7PedXaA_pHOJGB%2F-LmjTu9vCDLiNhk43Drf%2F%E5%9B%BE%E7%89%87.png?alt=media\&token=5754d0ee-f61a-43c0-ad46-c0e72e63fcfe)

Assuming my hourly rate is $50/hr, then the course sells for a minimum of $750 from a time cost perspective.

Of course, in a real business environment, pricing is certainly not so hasty, and the actual price of a commodity is not equal to an hourly wage but to supply and demand.