Marketing Coaching Business

How Profitable Is A Marketing Coaching Business? (Updated for 2024)

Pat Walls

•

Updated: October 5th, 2024

How Profitable Is A Marketing Coaching Business? (Updated for 2024)

So you want to start a marketing coaching business?

And the first question that came to your mind was, “well, are marketing coaching businesses actually profitable?”

With a market size of $11.6B - there’s plenty of business to go around.

Especially considering:

You could start a marketing coaching business with as low as $21
Based on our data, marketing coaching businesses generate an average of $6.98M per year
You could see gross margins as high as 96% with marketing coaching businesses

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 marketing coaching business.

Let’s dive in!

Is a marketing coaching business profitable?

Yes, a marketing coaching business 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 $6.98M 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 marketing coaching business.

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 marketing coaching business is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a marketing coaching business worth it?

If you’re wondering if a marketing coaching business is worth it, the answer is a big YES. With marketing coaching businesses, you have the potential to earn $6.98M 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 $11.6B, 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 marketing coaching business 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 marketing coaching businesses case studies.

Examples Of Profitable Marketing Coaching Businesses

Here are a few examples of profitable marketing coaching businesses, and a few more details about them:

1. Website Rental Coaching ($504K/year)

The daily workload at his 9-5 job at General Electric as an HR left Luke unfulfilled from his career, and while he was searching for a profitable side gig, he realized that websites are like digital properties. With a top-ranking lead generation website, he could rent it to local businesses and earn a steady monthly income. Luke quit his job at the 6-month mark and hit six figures by the one-year mark of starting this business.

Is it profitable? Yes
How much money it makes: $504K/year
How much did it cost to start: $8K

I Quit My Full-Time Job & Started A $42K/Month Website Rental Business

Luke Van Der Veer's Website Rental Coaching business teaches people how to create passive income by renting lead generation websites to local businesses, which has helped him generate $42,000 per month as of April 2022.

Read this case study

Read by 12,362 founders

2. COO Alliance ($2.5M/year)

Cameron grew up in an entrepreneurial family and learned early on to embrace business. His passion for entrepreneurship, coupled with his personal challenges like severe ADD, led him to carve his path by building companies rather than fitting into conventional educational molds. As COO of 1-800-GOT-JUNK?, he experienced firsthand how crucial the COO role is for a company's success and execution of the CEO's vision.

I launched the COO Alliance because I recognized the critical role that the chief operating officer (COO) position plays for the chief executive officer (CEO). A COO will produce a powerful and positive impact on your business. [Cameron Herold]

After leaving 1-800-GOT-JUNK? and receiving feedback from others needing similar operational leadership, Cameron recognized a gap in support networks for COOs. He observed that while CEOs had various peer groups, COOs lacked a dedicated space to collaborate and grow. To validate his idea, he spoke with many industry professionals and saw a consistent need for such a platform.

From these experiences and initial validations, Cameron conceptualized the COO Alliance. Since its inception, he has refined the idea through member feedback and ongoing observations in the business environment. This purposeful approach allowed him to create a valuable resource tailored specifically for second-in-command leaders.

COO Alliance Portal

Is it profitable? Yes
How much money it makes: $2.5M/year

This Guy Built A $1M Community Around One Job Title

Read this case study

Read by 20 founders

3. Fullfunnel ($600K/year)

Andrei Zinkevich and Vladimir Blagojević came up with the idea for Fullfunnel.io while developing an ABM strategy for B2B tech startups. They noticed that many companies had a limited understanding of ABM and decided to launch a pilot campaign to validate the demand for in-house ABM operations. The campaign generated 6 sales opportunities and 2 deals, validating the idea for Fullfunnel.io in September 2020. Since then, they have utilized regular marketing operations, thought leadership on LinkedIn, personalized outreach, and detailed case studies to attract and retain customers, leading to $1M in the sales pipeline and $500K ARR in just 18 months.

Is it profitable? Yes
How much money it makes: $600K/year
How much did it cost to start: $0

How Our B2B Marketing Agency Reached $50K/Month In Just 18 Months

Co-founders at Fullfunnel.io generated $1M in sales pipeline and extended their portfolio in 18 months to grow the company to $500K ARR by training and guiding B2B marketing and sales teams to connect, engage & win deals with target accounts and create stable demand for products with impressive growth tactics on LinkedIn.

Read this case study

Read by 2,532 founders

Learn more about starting a marketing coaching business:

Where to start?

-> How much does it cost to start a marketing coaching business?
-> Pros and cons of a marketing coaching business

Need inspiration?

-> Other marketing coaching business success stories

Other resources

How much can you make with a marketing coaching business?

With a marketing coaching business, you can make an average of $6.98M revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $21. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 7 months.

How much does a marketing coaching business make a week?

Based on our data, average weekly revenue for a marketing coaching business ranges around $135K. As such, you could see monthly revenues of $540K.

To know if your marketing coaching business 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 marketing coaching business.

How much do marketing coaching businesses owners make?

The income of a marketing coaching business 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 marketing coaching business is about $135K. 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 marketing coaching business owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Marketing Coaching Business Profit Margins

Generally speaking, a marketing coaching business 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 marketing coaching business, 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, marketing coaching business 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, marketing coaching business owners can ensure long-term sustainability and profitability for their business.

Marketing coaching business owner salary

The salary of a marketing coaching business 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 marketing coaching business, in a prime position, might see an average weekly salary around the ballpark of $122K.

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

If you focus on these, you'll have a much higher chance of a profitable marketing coaching business.