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Online Merchant salary in Iceland

Average Yearly Salary of Online Merchant in Iceland is approximately 10,696,319 ISK (74,597 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Online Merchant do?

occupation personasAn online merchant is an individual or business that sells products or services through an online platform. They are responsible for managing an e-commerce website, uploading product listings, processing orders, and ensuring timely delivery to customers. Online merchants also handle customer inquiries, resolve issues, and maintain good customer relationships. They may engage in marketing activities to promote their products, such as running advertisements, utilizing social media platforms, and implementing search engine optimization strategies. Additionally, online merchants analyze sales data, monitor market trends, and adjust their inventory accordingly to maximize profits. This occupation requires strong organizational skills, attention to detail, and knowledge of online marketing techniques.

Skills: E-commerce, Online retail, Digital sales, Customer service, Inventory management, Marketing
Job industry: E-commerce


How much does Online Merchant make?

Salary details
How much does Online Merchant make?
Estimated Yearly Salary: 10,696,319 ISK
Estimated Monthly Salary: 891,360 ISK
Estimated Weekly Salary: 205,698 ISK per week
Estimated Hourly Salary: 5,142 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 10,314,447 ISK
Estimated Monthly Salary: 859,537 ISK
Estimated Weekly Salary: 198,355 ISK per week
Estimated Hourly Salary: 4,959 ISK per hour
Last revision of data: 2024-01-03



Online Merchant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 74,597 USD
Estimated Monthly Salary: 6,216 USD
Estimated Weekly Salary: 1,435 USD per week
Estimated Hourly Salary: 36 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Online Merchant job salary compared to average salary in Iceland.
Comparison shows that a person working as Online Merchant in Iceland earns on average:
1.2 times the average salary (or 120% of average salary).

Is Online Merchant a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Online Merchant?

High salary for Online Merchant would be somewhere between 11,765,951 ISK and 15,509,663 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Online Merchant in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 10,696,319 ISK
Estimated Monthly Salary: 891,360 ISK
Estimated Weekly Salary: 205,698 ISK per week
Estimated Hourly Salary: 5,142 ISK per hour
By working as Online Merchant a person can save up to 3,488 USD per month or 41,851 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Online Merchant

Norway is 104,825 USDup arrow 41%
Details on Online Merchant salary in Norway
United Kingdom is 49,167 USDdown arrow 34%
Details on Online Merchant salary in United Kingdom
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

Random salary:
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Perishables manager (5,190,926 ISK per year, pre-tax.)

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online merchant salary in iceland 2025
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Please note:
Salary data displayed on this site is informational exclusively.
The salary figures on this website are meant for informational purposes only. We collect salary data from varied providers, but do not guarantee absolute precision. Users must independently verify salaries before making financial decisions. Salary fluctuations occur due to industry standards, demand shifts, and location. We deny any warranty regarding the validity of the provided salary data. By using this site, you agree that salary data is not definitive.
The salary figures on optisalary.com are meant for reference use only. We compile salary data from multiple providers, but do not ensure absolute accuracy. Users should independently confirm salaries before making career decisions. Salary variations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is subject to updates.