What Is the Average Salary for an E-Business Manager or Owner?

Salaries for e-business (or e-commerce) managers and owners can vary greatly. Numerous factors can affect your salary as an e-business manager, including the type, size and location of your business and your level of education and experience. In many cases, the salary of an e-business manager is directly related to how much money the business is making. Schools offering Business Management degrees can also be found in these popular choices.

E-Business Manager Salary Information

For a general idea of how much you could earn, let's look at some average annual salary figures from June 2019 on Salary.com. This website reports salaries for several e-business management positions, like e-commerce marketing managers, who earn average salaries of $92,740 per year. E-commerce managers earn an average salary of $110,268. E-business development managers made $135,926 in average annual earnings during this time, and top e-commerce executives made an average of $241,988.

Important Facts About This Occupation

Required Education A business management degree may be useful, but is not required to start an e-business
On-the-Job Training Managing an e-business requires flexibility and a wide range of skills that may need to expand as the business grows
Work Environment Office setting
Similar Occupations Retail store manager, IT manager, operations manager

E-Business Owner Earnings

It's hard to pin down an average salary for e-business owners since they're typically paid differently than other employees. For example, if you're just starting up your e-business, you might pay yourself whatever is left in your budget after paying all other expenses. Or you might opt to pay yourself a set percentage of your business' profits. Thus, your salary from year to year - or even month to month - is likely to vary based on the success of your business.

Job Description and Duties

As an e-commerce manager or business owner, your main job duty is to manage and run an online business. This includes keeping the business website running and operating properly, managing marketing campaigns, working with suppliers and shipping companies, monitoring sales, managing an operating budget and maintaining steady traffic flow to your website. You also might have to manage employees, which includes hiring, training, and letting them go.

If you maintain an inventory of products, you'll need to keep it organized and maintain inventory records. If you provide a service, you'll need to keep track of schedules and ensure you have the supplies needed. In any situation, you'll also be responsible for keeping customers happy and satisfied with your products or services.

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