How Profitable Is A Blogging Coach? (Updated for 2024)
So you want to start a blogging coach?
And the first question that came to your mind was, “well, are blogging coaches actually profitable?”
With a market size of $13.9B - there’s plenty of business to go around.
Especially considering:
- You could start a blogging coach with as low as $4
- Based on our data, blogging coaches generate an average of $317K per year
- You could see gross margins as high as 95% with blogging coaches
There’s money to be made. Don’t worry.
But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a blogging coach.
Let’s dive in!
Is a blogging coach profitable?
Yes, a blogging coach is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.
For instance, since average revenue is $317K per year with an estimated gross margin of 90%, you could expect to recover your investment within 7 months or even less.
But of course, it all comes down to how much you earn compared to the potential revenues of your blogging coach.
To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.
Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your blogging coach is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.
Is a blogging coach worth it?
If you’re wondering if a blogging coach is worth it, the answer is a big YES. With blogging coaches, you have the potential to earn $317K per year (this is based on data reported by real founders).
Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.
With a market size of $13.9B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.
Of course, you must learn and understand every aspect of running a blogging coach to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.
You might want to consider reading more specifics about successful blogging coaches case studies.
Examples Of Profitable Blogging Coaches
Here are a few examples of profitable blogging coaches, and a few more details about them:
1. The Uncaged Life ($816K/year)
Rebecca Tracey started The Uncaged Life in 2011 after simplifying her initial business ideas and niching down to helping new coaches. With just a small team of 3 part-time contractors, she is on track to hit $1M in revenue this year and has helped hundreds of people start their own businesses.
Is it profitable? Yes
How much money it makes: $816K/year
How much did it cost to start: $250
The Uncaged Life, a business that helps coaches and solopreneurs get their first paying clients, has reached nearly $1M in revenue annually with just a small team of three part-time contractors, by niching down to one specialty and building a community through Facebook, email, and blogging.
2. ryrob.com ($480K/year)
Ryan Robinson started his blog ryrob.com in college as a way to share the lessons he learned from starting a business around his product, the iStash. After a viral post on HackerNews and Twitter, Ryan saw the potential to build a community around his blog and turned it into a full-time business. Now, his blog has around 500,000 monthly readers and generates between $25,000 to $55,000 in revenue each month through affiliate partnerships, sponsorships, and the sale of his own digital products.
Is it profitable? Yes
What's the gross margin? 95%
How much money it makes: $480K/year
How much did it cost to start: $500
Ryan Robinson explains how he built a blog with over 500k monthly visitors and generates $25,000-$55,000 in revenue each month through affiliate partnerships, sponsorships, and his own digital products like courses and books.
3. Tracie Fobes ($120K/year)
Tracie Fobes started her blogging education and coaching business after successfully monetizing and selling her first site for six figures. Realizing that she had valuable knowledge to offer other bloggers, she created a course to help them with printable products and priced it affordably for her target market. By showing up every day and providing value to her customers, Tracie has been able to attract and retain a loyal following, resulting in continued growth and success for her business.
Is it profitable? Yes
How much money it makes: $120K/year
How much did it cost to start: $150
Learn how Tracie Fobes built a blogging education and coaching business that now brings in over $10,000 per month through her products and how she launched it to success through offering value, listening to her audience, and consistent effort.
Learn more about starting a blogging coach:
Where to start?
-> How much does it cost to start a blogging coach?
-> Pros and cons of a blogging coach
Need inspiration?
-> Other blogging coach success stories
-> Marketing ideas for a blogging coach
Other resources
How much can you make with a blogging coach?
With a blogging coach, you can make an average of $317K revenue per year (based on data reported by real businesses).
You can start with an initial investment as low as $4. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 7 months.
How much does a blogging coach make a week?
Based on our data, average weekly revenue for a blogging coach ranges around $6.6K. As such, you could see monthly revenues of $26.4K.
To know if your blogging coach achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.
Learning your weekly profit can also show whether you're hitting your target goal for your blogging coach.
How much do blogging coaches owners make?
The income of a blogging coach owner can vary depending on various factors such as location, size, competition, and the owner's business skills.
But to give you some idea, the weekly revenue of an established blogging coach is about $6.6K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.
While the potential for earning a good income as a blogging coach owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.
Blogging Coach Profit Margins
Generally speaking, a blogging coach can expect profit margin of around 90%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a blogging coach, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.
However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, blogging coach owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, blogging coach owners can ensure long-term sustainability and profitability for their business.
Blogging coach owner salary
The salary of a blogging coach owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established blogging coach, in a prime position, might see an average weekly salary around the ballpark of $5.94K.
But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.
Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.
Conclusion
In a nutshell, based on many of our examples, a blogging coach may be a promising business to start - but the success of your blogging coach mostly depends on your effort and your approach.
If you focus on these, you'll have a much higher chance of a profitable blogging coach.
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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.
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