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Published October 10th, 2016 by

How Much Should You Really Spend on SEO Services

How Much Should You Really Spend on SEO Services

Many online businesses have sought the help of the best SEO services to promote their organization, build traffic, and increase brand awareness. While the goals in hiring an SEO service may be clear, costs and strategies may vary from one company to another. No matter how big or small your budget is, you should always be concerned with building the best return of investment. Setting realistic goals will help you with a strategy in determining how much budget you should allot for your SEO. Always estimate how much you’re willing to spend to reach a certain percentage in sales. It is said that the loftier the goal, the more costly it is to achieve.

You have to understand why SEO services are important and what makes it a good investment. It is probably one of the best online business investments you will ever make. As your website gets more traffic, your short term visibility may also grow in the long term even without doing anything. Online businesses greatly depend on online traffic and its online customers. Your biggest budget should be allocated on internet marketing and SEO.

You have to choose the best SEO service that makes sense financially. Although majority of SEOs operate on a monthly basis, it’s still up to you to choose which of these will work out for your business. All models will work as long as you discuss it carefully with your SEO. It is a known fact that SEO takes time. It is recommended that start-up businesses start low and then go long term. It takes approximately 6–7 months to generate optimum results.

Different SEOs have different payment and pricing models. They charge depending on factors such as the size of their firm, services they offer, reputation, and location. SEOs may charge hourly, monthly, or project-by-project basis. Each payment model has its pros and cons. You have to always take into consideration the positive and negative aspects. What may work for a certain brand may not work well for others. We will take a closer look at each option to help you decide what payment model would fit your business best.

Internal Hires vs. Firms

Internal SEO specialists are more expensive because of training expenses. This may be a good long-term option if you have a big organization. However, they should have a wide set of technical skills such as content marketing, SEO understanding, link building, and social media know-how. This can get quite expensive since one employee alone cannot handle all your SEO needs. Internal hiring usually involves teams.

Firms are generally more established and experienced and focus solely on SEO. They practice their techniques consistently and are updated with the latest methods. They have large staffs that specialize in almost all areas of SEO. You are also given the option to choose from different services and pricing models. There are hourly consultations and monthly or project-based contracts. If your SEO needs are more technical, then, this option may be better for you.

Per Hour

The hourly payment model offers a high level of transparency and accountability. It is easy to track how much time is spent because each hour is logged. There is specific allocation for each time, which may be effective when you need to launch a product or meet a deadline. Hourly rates are also recommended for those who have a limited budget because it is easier to breakdown services and predict each service’s costs.

However, results aren’t seen as quickly with this type of payment model. Most SEOs require more time before they see a return of their investment. Most goals cannot be accomplished without exceeding the hourly limit set. Hourly rates can also escalate quickly, and you might end up with a larger bill than you originally intended to. The time needed for a particular project may also be limited with an hourly model. You may end up with fewer hours when the service fees are accounted. People in an hourly rate tend to focus more on a limited perspective and not tied to the company’s long term goals.

Per Month

This is the most common pricing model. Clients pay a fixed fee for each month in return for the services offered such as monitoring and maintenance. This model is usually chosen for approaches that are long term. This plan does not confine you to an hourly structure. Most goals are achieved because they do projections, and time is not budgeted. In most cases, it is okay to require additional hours to complete a task. Monthly rates have the opportunity to produce better relationships with clients and the agency. There is a greater opportunity to synchronize efforts to achieve success.

However, there will be months that will be heavy on hours. This depends on the agency you are with. Clients who are investing a lot for a monthly model will want an update on a regular basis. With this type of payment plan, updates may not occur as often. Unlike hourly plans, you are bound by a contract that is not easy to terminate once a serious problem arises. You are still required to pay the same rate even during slow months, which business income may not be as good.

Per Project

Project-based SEOs are often offered in monthly plans. This type of payment model gives you more time to accomplish your goals by setting a date for its conclusion. It’s used mostly for projects requiring short-term maintenance. This is recommended for businesses with a fixed budget that want to control their costs. You will know exactly that you are getting what you paid for. Also, it will help you focus on a particular area that needs improvement. You will be able to discuss how much time is required whenever you set a certain goal.

However, there are some agencies who tend to take advantage of their clients in this type of payment model. Define your expectations and parameters to your SEO specialist so that you won’t get short-changed with the results. Some SEOs may also overcharge, so choose carefully. There is also little flexibility with this payment model. Once parameters are already predefined, it may be difficult to make certain changes. If you encounter an additional service you think you might need, it will require an additional fee.

Choosing the right SEO will require careful research to guarantee that you will be matched with the correct agency to produce results. Be careful of strategies that require you to purchase email lists, followers, and links. These may be good for your business in the short term but is damaging to the reputation of your website. Search engines penalize suspicious activities. Your website may end up being blacklisted as a result of this technique. Make sure that you are working with an SEO that knows how to detect sketchy backlinks. A good firm will protect you from encountering problems such as these and has the ability to resolve any issue that may arise in the future.

It is not easy to select what is the best SEO service provider out there. No matter how established an agency is, they must not make any guarantees or promises of a quick result. SEO usually takes around six months to positively affect your online operations. They should explain to you every detail on how to achieve your goals within the timetable you have set. Campaigns that are more complex require at least 12 months to see significant returns.

There will be SEOs that will be more expensive than others. Some solutions involve a higher price. Always look for references from present and past clients. Consider successful campaigns that are somewhat similar to your goals. Always choose the option that would most likely produce a positive ROI. Although low-cost options may seem more appealing to those with smaller budgets, this may indicate that an agency lacks background or experience. However, this isn’t always the case. Some start-up SEOs are looking to build their reputation and track record, and they deserve a chance to prove themselves even with a lower starting price.

There is no one-size-fits-all SEO. Every business requires a different type of service. Never assume that a solution will work for you just because it worked for other businesses before. Each business is unique and requires different needs. Don’t choose an SEO just because of its price. Find a solution that fits within the budget you have set. Select an SEO that will give you strategies that are aligned with the goals of your business and will also be able to provide you with a reasonable return of investment.

If you are planning to work with an SEO, expect to spend $500 to $20,000 depending on what kind of results you want your business to generate. The amount you are willing to allot for SEO services will greatly affect your competitiveness in the market. Always be careful of offers that are way too good to be true. Always look for an SEO specialist with a proven track record as much as possible. Less experienced firms may take longer to deliver results. Sometimes, they even fail to do so.

Do you want to hire a company that offers the best services for managing SEO? Go to CrowdReviews.com and read their reviews of SEO services.

John Tovar

John specializes in the creation and planning of business-centric mobile applications and mobile website design and development.

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