How to Make 6 Figures As A Erp Consultant? (11 Best Ways in 2024)
So you want to make six figures as a ERP consultant? Good for you! Being a ERP consultant is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.
In this blog post, we'll look at some of the best ways to make more money as a ERP consultant - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a blog ($44.9K/month)
Starting a blog could serve as a powerful avenue to supplement your income as an ERP consultant. By sharing your expertise and insights on ERP systems, implementations, and industry trends, you could attract a broad audience looking for reliable information. Given that 77% of internet users read blogs and blogs rank as the 5th most trustworthy source for online information, your blog could quickly become a go-to resource.
In addition to ad revenue, you could monetize your blog through affiliate marketing, sponsored posts, or even by offering consultations and online courses. With the potential to reach an audience of 409 million monthly blog readers, the opportunities to convert this traffic into a profitable side hustle—or even a full-time business—are significant. This creative outlet not only allows you to work anytime, anywhere, but also positions you as an authoritative voice in the ERP space.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
2. Digital products ($261K/month)
One of the significant ways to supplement your income and potentially make six figures as an ERP consultant is by developing and selling digital products. These could be software tools that enhance ERP systems, informational eBooks, comprehensive online courses, or even membership sites that offer exclusive content and expertise.
Digital products are highly rated because they're easy to create and distribute, enabling you to leverage your industry knowledge without the logistical hassle of managing physical inventory. Imagine selling a tailored software application or a series of webinars on ERP best practices directly from your website to a global audience—these endeavors offer endless possibilities.
Moreover, creating digital products allows you to monetize your expertise repeatedly while maintaining your typical consulting roles. This combination enhances your income streams and establishes you as a thought leader, further opening doors for higher-paying opportunities and comprehensive business growth.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
3. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could provide you with the flexibility and additional income streams to reach six figures as an ERP consultant. With strong writing skills and the ability to meet deadlines, you could carve out a niche writing about ERP systems, technology trends, or business optimization strategies.
This could involve producing high-quality content for tech blogs, industry publications, or consulting firms, capitalizing on your existing expertise in ERP. By being a self-starter and staying up-to-date with current writing tools and trends, you could supplement your primary income and potentially build a thriving side business that significantly boosts your overall earnings.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
4. Become an affiliate marketer ($55.3K/month)
As an ERP consultant, you could significantly supplement your income by starting an affiliate marketing business. By promoting products and services that are relevant to your industry, such as software tools, educational courses, or specialized equipment, you leverage your existing network and expertise to drive sales through your referral links.
The beauty of affiliate marketing is that it requires minimal upfront investment and does not necessitate product creation or ownership. You only need to sign up for affiliate programs in your chosen niche and market their offerings effectively. This not only diversifies your income streams but also positions you on a path to potentially making six figures.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
5. Start a career coaching business ($48.5K/month)
Starting a career coaching business could help you make six figures as an ERP consultant by leveraging your industry knowledge and experience to guide others on their professional journey. By offering personalized coaching sessions focused on resume building, interview preparation, and workplace advancement, you could attract a steady stream of clients seeking to navigate the complexities of their careers.
With the flexibility to conduct both in-person and virtual meetings, you could easily build a diverse client base while maintaining your primary consulting role. Utilizing your HR expertise and motivational skills, you could not only empower your clients to achieve their goals but also create an additional revenue stream, turning your passion for coaching into a lucrative side business.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
6. Start a podcast ($97.9K/month)
Starting a podcast could significantly supplement your income and help you make six figures as an ERP consultant by establishing you as an authority in the field. By choosing a niche that resonates with both your expertise and audience interests, you could attract listeners who are eager to learn about ERP systems, best practices, and industry trends from a professional like yourself. With consistent, high-quality content and effective promotion through social media and online communities, you could build a dedicated audience and cultivate a strong personal brand.
Once your podcast gains traction, you could monetize it through sponsorships, advertisements, and even exclusive content subscriptions. These revenue streams could provide a substantial additional income on top of your consulting work. Additionally, your podcast could serve as a networking tool, opening doors to new consulting opportunities and partnerships that might further boost your earning potential.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
7. Create an online course ($91.9K/month)
Creating an online course could significantly boost your income as an ERP consultant by monetizing your expertise. As an entrepreneurial course creator, you could identify educational gaps within the ERP space and develop engaging video lessons and supplementary materials to address these needs. This not only allows you to share valuable knowledge but also positions you as a thought leader in your field.
With the flexibility of self-paced or cohort-based structures, you could build a robust student base and generate passive income. This business model requires minimal startup costs, making it a lucrative opportunity to leverage your instructional talents. For those who enjoy information-sharing, launching an online course provides a scalable platform to reach a global audience of eager learners seeking convenient access to specialized ERP topics.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
8. Start an ecommerce store ($287K/month)
Starting an ecommerce store could be a lucrative avenue for supplementing your income as an ERP consultant. With the lower overhead costs, increased flexibility, and the ability to reach a wider audience, you could capitalize on your expertise to offer niche products or services relevant to your field. Leveraging your skills in system integration and data management, you could streamline the backend processes of your ecommerce store for maximum efficiency and scalability.
Moreover, because ecommerce is booming due to the convenience it offers consumers, you could tap into this thriving market to generate substantial revenue. By creating a user-friendly platform where customers can easily browse your inventory and make purchases, you could build a reliable secondary income stream. Your strong analytical skills and experience with complex systems will give you a competitive edge in managing the intricacies of online business operations, paving the way to potentially earning six figures.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
9. Become a social media influencer ($57.4K/month)
Leveraging social media to become an influencer could open additional revenue streams for you as an ERP consultant. By sharing your expertise and industry insights on platforms like LinkedIn, YouTube, or Instagram, you could attract a substantial following of professionals and businesses interested in ERP solutions. This could lead to lucrative brand partnerships, sponsored content, and even direct consulting opportunities.
Given the growing importance of social media in marketing, brands are actively seeking influencers to reach their target audience more effectively. Establishing your credibility and building a vast, engaged audience within the ERP niche could position you as a go-to expert, leading to higher visibility and income potential. You could also monetize your content through affiliate marketing, online courses, or premium memberships, significantly supplementing your consulting income.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
10. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a lucrative way to supplement your income as an ERP consultant and even pave the path to a six-figure salary. By sharing your expertise through tutorials, product reviews, or case studies, you could attract a dedicated following of individuals and businesses interested in ERP solutions. Over time, this could lead to becoming a recognized authority in your field, further boosting your consulting opportunities and overall professional reputation.
With the YouTube Partner Program, reaching at least 1,000 subscribers and 4,000 watch hours in the past year would allow you to monetize your channel through ads, sponsored content, and affiliate marketing. The platform's established monetization system and significant popularity make it an attractive avenue for generating additional revenue, helping you create a substantial side income or even a main business out of your passion for content creation. Whether starting small or aiming big, a YouTube channel offers vast possibilities for increasing your earning potential as an ERP consultant.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
11. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be a lucrative way to supplement your income as an ERP consultant, potentially helping you to reach six figures. Leveraging your analytical skills, you could efficiently automate tasks using social media marketing tools, minimizing the time commitment required.
By creating and implementing effective social media marketing strategies, you could offer valuable services to clients, generating a steady income stream. Additionally, building a robust agency portfolio would enable you to attract more customers, further enhancing your earning potential.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
