Ecommerce Consultant

How Profitable Is An Ecommerce Consultant? (Updated for 2024)

Pat Walls

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Updated: September 19th, 2024

How Profitable Is An Ecommerce Consultant? (Updated for 2024)

So you want to start an ecommerce consultant?

And the first question that came to your mind was, “well, are ecommerce consultants actually profitable?”

With a market size of $2.72T - there’s plenty of business to go around.

Especially considering:

You could start a ecommerce consultant with as low as $1
Based on our data, ecommerce consultants generate an average of $8.16M per year
You could see gross margins as high as 70% with ecommerce consultants

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 ecommerce consultant.

Let’s dive in!

Is an ecommerce consultant profitable?

Yes, an ecommerce consultant 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 $8.16M 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 ecommerce consultant.

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 ecommerce consultant is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is an ecommerce consultant worth it?

If you’re wondering if a ecommerce consultant is worth it, the answer is a big YES. With ecommerce consultants, you have the potential to earn $8.16M 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 $2.72T, 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 ecommerce consultant 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 ecommerce consultants case studies.

Examples Of Profitable Ecommerce Consultants

Here are a few examples of profitable ecommerce consultants, and a few more details about them:

1. Ecom Crew Podcast ($420K/year)

EcomCrew, an ecommerce blog and podcast, was founded by Mike Jackness and an unnamed co-founder in 2014. With a passion for content creation and a desire to share ecommerce knowledge, they started EcomCrew and eventually monetized it through a membership program. They now generate around $35,000 a month in revenue.

Is it profitable? Yes
How much money it makes: $420K/year

Starting An E-Commerce Education Platform Generating $35K/Month

EcomCrew is an ecommerce blog and podcast that took three years to monetize and now brings in around $35,000 a month by selling a membership to a private ecommerce group that includes exclusive access to ecommerce courses, webinars, events and more, with plans slowly becoming more expensive to expand with new content.

Read this case study

Read by 4,753 founders

2. Dropshipping.com ($120K/year)

Martin, co-founder of Dropshipping.com, came up with the idea while working on a simple directory for dropshipping products. With a million-dollar offer to sell the website even before it was fully developed, Martin realized the potential and decided to build something bigger. With a focus on providing value to online sellers and creating unique content, Dropshipping.com has seen impressive growth, attracting 40,000 organic traffic in just one year and generating $10k from brand and affiliate deals.

Is it profitable? Yes
How much money it makes: $120K/year
How much did it cost to start: $30K

How We Organically Grew Traffic From Zero To 40,000 Visitors In One Year [Dropshipping Resource]

Dropshipping.com is an all-in-one resource center for dropshippers, offering 2000+ vetted suppliers, 300K+ product ideas, hand-picked winning product ideas, 140+ downloadable premium guides, and more, with the website currently generating $10k on average from brand and affiliate deals and $7-8K monthly expenses.

Read this case study

Read by 3,754 founders

3. Boundless Labs ($99.6M/year)

Chase Dimond, the co-founder of Boundless Labs, came up with the idea for his email marketing agency after realizing the potential of email marketing for eCommerce brands. With impressive figures, such as driving over $25 million in email attributable revenue and working with clients who generate ~30% of their total revenue from email, Boundless Labs quickly became a successful and sought-after agency in just 18 months.

Is it profitable? Yes
How much money it makes: $99.6M/year

How I Started A $55K/Month Email Marketing Agency Specialized in Ecommerce

Boundless Labs is an email marketing agency for eCommerce brands that has generated over $25 million in email attributable revenue for their clients since launching 18 months ago and currently makes around $90K per month, with plans to reach $100K per month by the end of January 2020 through client referrals, strong relationships, and hard work.

Read this case study

Read by 12,765 founders

Learn more about starting an ecommerce consultant:

Where to start?

-> How much does it cost to start an ecommerce consultant?
-> Pros and cons of an ecommerce consultant

Need inspiration?

-> Other ecommerce consultant success stories
-> Marketing ideas for an ecommerce consultant

Other resources

-> Ecommerce consultant tips

How much can you make with an ecommerce consultant?

With a ecommerce consultant, you can make an average of $8.16M revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $1. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 7 months.

How much does a ecommerce consultant make a week?

Based on our data, average weekly revenue for a ecommerce consultant ranges around $170K. As such, you could see monthly revenues of $680K.

To know if your ecommerce consultant 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 ecommerce consultant.

How much do ecommerce consultants owners make?

The income of an ecommerce consultant 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 ecommerce consultant is about $170K. 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 an ecommerce consultant owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Ecommerce Consultant Profit Margins

Generally speaking, an ecommerce consultant 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 an ecommerce consultant, 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, ecommerce consultant 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, ecommerce consultant owners can ensure long-term sustainability and profitability for their business.

Ecommerce consultant owner salary

The salary of an ecommerce consultant 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 ecommerce consultant, in a prime position, might see an average weekly salary around the ballpark of $153K.

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 ecommerce consultant may be a promising business to start - but the success of your ecommerce consultant mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable ecommerce consultant.

Part of

Becoming An Ecommerce Consultant: Everything You Need To Know

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