How much should I spend on SEO Services?

Pascal Racine • 29 juin 2022

If you are a business owner or a marketing manager, you are probably asking yourself how much you should spend on SEO services.

This article will help you get the answer to that question.

Digital advertising spend slowed down due to COVID-19, but all indicators are pointing towards an increase in advertising budgets in 2022. 

It’s likely that you will contribute to that increase with your SEO budget.


But how much should you invest on SEO management services?


For many companies, especially e-commerce businesses, online marketing is the primary or the only marketing channel. Even so, many business owners and managers are asking me how much they should be budgeting for digital marketing.


As an SEO service provider, it’s often difficult to price an SEO strategy without going through a list of questions and some market analysis. 

Setting a realistic budget on an SEO strategy comes down to a matter of positioning but through my 20+ years of experience doing SEO, here are the most important variables for determining a budget for SEO:


  1. How competitive is your market?
  2. What is your actual business position online?
  3. What is your business position compared to your closest competitors?
  4. How fast do you want to make progress in your market

Your SEO expectations

A recent survey made by Search Engine Journal - a blog about everything SEO and search engine marketing, states that less than 50% of all small businesses owners have budgeted any money for SEO services. For other small businesses that are investing in SEO services, they average just under $500/month. The good news is that SEO service is one of those expertise where you actually do get what you pay for.

According to Search Engine Journal’s survey, businesses spending more than $500/month on SEO services are 53.3% more likely to be “extremely satisfied” with the results.

So, knowing that most business owners and marketing managers investing in SEO Services see so much ROI, why do so many of them resist investing in SEO? 


The answer is quite simple: In my 20+ years of digital marketing experience, most business owners have no clue how search engine marketing works. 


Those people, (maybe you?) are far too busy running their businesses to spend time learning how SEO works and how they can apply it to grow sales.

Unlike landscaping or building maintenance, SEO is not a commodity service that you pay X price to get Y result. There is no guarantee that your website will be on page 1 of the SERP (Search Result Page) if you pay 199$ per month. Be careful to not fall for the $49/month “guaranteed page one” scammer ads you see on Facebook.


The real question is: What is the cost of a cheap SEO Service?

I've been a member of various internet marketing, freelancers and business owners groups on Facebook for as long as Facebook groups have existed and let me say this: I often come across some truly mind-boggling posts by digital marketing ‘’newbies’’ posing as ‘’SEO experts’’ who have no clue what they are talking about.


One of the scariest questions asked by those so-called SEO gurus usually reads like this: “I just signed a client for SEO, where do I start? 

It freaks me out to know that this dude will get a paycheck for doing something he is not well versed in. I mean, SEO is an investment. Would you let anybody play around with your stocks?



A close second is the use of shady manipulating link practices without explaining the risk to their clients.It’s bad enough that business owners or marketing managers waste money hiring unskilled SEO strategists.


Unfortunately, problems arising from bad SEO can be damaging to your business in the long term.

 

Here is an example: bad, chady or even blackhat SEO practices will eventually lead to Google penalties, which might make your website disappear not only from SERP, but it might also wipe out all your business links from appearing in search. Ouch!


So, before entering into an agreement with an SEO strategist, it’s better to discuss the tactics he will be employing. 

You should also educate yourself on the basics of SEO to be able to understand the mechanics of SEO and be able to communicate and confirm your expectations. 


Here is what you should know prior to hiring an SEO strategist in order to understand what their scope of work will be.

What are your resources?

The amount of Google ranking factors - more than 200 - might overwhelm you. Here’s what you need to know about how SEO works and what an experienced SEO specialist should be looking at.

1. The Architecture of the information of your website

Your website should:


  • Be accessible to Search Engine bots who are fetching the web by crawling websites and pages
  • Follow SEO best practices as prescribed by Google
  • Offer the best UX (User Experience)
  • Be optimized with the essential metrics in place (Core Web Vitals)
  • Have a clean rendering on any type of devices and screen size

2. Your website’s content

Your website’s content should be built and managed within Google's best practices such as:


  • Match user intent: what will the users do when they acknowledge your content?
  • Have unique content
  • Have content that matches search queries - question people have on certain topics relating to your products and services
  • Provide frequent, new content according to Google’s best practice.


3. Links pointing to your pages

  • Links must be naturally pointing to your website. For example, a well-known food blogger has an article about some of your products he uses in his recipes and links some keywords to a page on your website that presents and explains the benefits of your product. 
  • Avoid popular link schemes or paid link services. They just don’t work and will hurt your SEO.


Set realistic business goals

Before thinking about an SEO budget, you must define realistic business goals. 

These goals should include a timeframe, and a conversion goal in order to measure success. For example, website visits, inbound leads from forms, subscribers, questions from visitors via your chat app, meeting or callback requests, inbound phone calls and ultimately, sales. 


Some people measure success solely by keyword rankings. I don’t. While SERP remains an important metric, it is not THE most important metric. I prefer to measure conversion, how many visits have turned into paying clients, which is much more relevant from a business point of view.

 

An example of goal-setting could include improving organic sessions by X%, increasing conversions by Y per month and/or increasing revenues by Z%.

You need to give any SEO campaign the time to work. If anybody offers to rank every page of your website in a week, run!


According to Google, ‘’…in most cases, SEOs requires four months to a year to help your business first implement improvements and then see potential benefit.”


You can check out this video bout how to hire a Search Engine Optimizer here: https://youtu.be/piSvFxV_M04




So, what about that budget for SEO?

The goals your SEO strategists will help you set will determine what tactics are needed to achieve them. This, in turn, sets the table for developing an SEO action plan and determines how much time and effort is necessary to support that plan.

Most of the time, if a client has a full web ecosystem in place,  I propose to make an SEO audit of that ecosystem to figure out the starting point of a project.

 

Sometimes, web pages can rank very well for some keywords that are not going to help a business achieve its goals. So it's vital to have a clear picture of the SEO situation to start with in order to hit bullseye with the new strategy.

 

An SEO audit will consider the information architecture of your website, your content strategy and backlink check and how your web ecosystem performs against your closest competitors.

 

The answers to the questions I will ask myself during the SEO audit will determine priorities as well as the volume of work needed to reach your goals.


In most cases, the work required will be the same but more aggressive goals will increase the volume of work that needs to be done to reach those goals. 

For example, if the SEO strategy implies that we’re creating, optimizing and publishing two new blog posts per week, you have a higher potential achieving earlier success but it will require a higher budget to produce and subsequently distribute that content.


According to SEMRush, a well executed SEO strategy might take up to 12 months to deliver results

In order to properly evaluate the performance of an SEO campaign, It takes time to properly plan it, deploy it and adjust it. 

Keep in mind that the bigger the budget, the faster you will reach your goals.

 

So: How much can you expect to spend on SEO?


Personally, I have more than 20 years of experience building and optimizing websites. I have a proven track record and I’ve helped hundreds of businesses thrive with what I do so you can expect to invest a minimum of $500 per month if you own a local business or have an ecommerce business that makes sales locally.


Depending on your market, a national or international SEO campaign will require a minimum budget of $2,500 to $5,000 per month to deliver results.

If you can’t afford to retain a top-level SEO pro (like myself), there are some options. 

I offer to do a one-time website SEO audit with actionable recommendations.I will make a video or live presentation so you can ask me questions. You can then perform the implementations yourself or hire a webmaster to do the work.

 

Sometimes, we can achieve good results in organic search results just by tweaking a few things on a website. 

For example, optimizing titles and descriptions of products in a Shopify store can help a page rank better for the chosen keywords, boost traffic on that page and get more conversions.

 

Also, content creations and keyword analysis are other services where you can get help from a professional copywriter, blogger or search marketing specialist for a one-time fixed rate.


Another option is to become an expert and do it yourself. But be prepared to invest around 10,000 hours of studying, trial and error. 


Remember: SEO is a long term investment!

Any organic search campaign is always a long shot strategy and will take time to deliver results. A complete SEO campaign is a combination of content marketing, link-building and technical SEO.


The Google algorithm needs time to deliver results even when it's planned and executed with best practices, so get ready to invest for the long term.

That being said, in most cases, the results earned from a good SEO strategy is usually the most consistent and effective strategy of most marketing tactics.


Would you like to know more about how we can help your business have more visibility in Google? Schedule a discovery meeting, drop us a line or call us today.

Vous aimez cet article? Partagez-le!

Optimisation SEO pour les hôtels
par Pascal Racine 14 février 2024
Découvrez ces 10 stratégies de référencement (SEO) efficaces qui peuvent aider à augmenter la visibilité en ligne de votre établissement et à attirer davantage de clients potentiels.
par Pascal Racine 3 février 2023
Are you looking for a skilled executive to help you advance your company? You might find that a fractional CMO is the ideal solution. A CMO, or chief marketing officer, is a highly skilled executive who can aid in business development, customer acquisition, and sales growth
Not Ready for a Full-Time CMO? Meet the Fractional CMO?
par Pascal Racine 3 février 2023
Do you need the guidance of a Chief Marketing Officer but don't have the budget or resources to hire one full-time? Introducing the fractional CMO. A fractional CMO, also known as a part-time CMO, is the perfect solution for businesses that need the expertise of a CMO but can't commit to a full-time role.
How Crucial Is Marketing Leadership in business growth?
par Pascal Racine 2 février 2023
The most important aspect of every business is effective marketing. Why? Because effective marketing helps businesses reach their intended audience, establish their brand, and ultimately increase revenue. In other words, marketing initiatives are only as successful as the leadership directing them. In today's business world, marketing leadership is essential for success.
What Are TheTop Marketing KPIs CEOs Should Look For?
par Natalie Dzepina 1 février 2023
As a CEO, you are aware that marketing can either make or break the success of your business. It might be challenging to determine whether your marketing initiatives are successful if you don't have a Chief Marketing Officer (CMO) on staff. Because of this, you must be aware of the most crucial marketing KPIs and how they might aid in your decision-making.
par Natalie Dzepina 25 septembre 2022
Si vous êtes prêt à faire passer votre marketing B2B au niveau supérieur, il est grand d’augmenter votre visibilité auprès des acheteurs que vous souhaitez rejoindre. Et ces acheteurs ont évolué.
par Natalie Dzepina 25 septembre 2022
If you’re ready to take your B2B marketing to the next level, it’s time to become more visible to the buyers you want to reach. And these buyers have evolved.
par Natalie Dzepina 20 septembre 2022
Le 18 août 2022, Google a annoncé une mise à jour de son algorithme visant le contenu en réponse à une préoccupation croissante concernant la qualité et la diversité des résultats de recherche globaux. La mise à jour Google Helpful Content met l'accent sur un contenu qui vise vraiment les besoins des personnes, offrant ainsi une expérience utilisateur plus gratifiante.
par Natalie Dzepina 20 septembre 2022
On August 18th, 2022, Google announced the helpful content update in response to a growing concern over the quality and diversity of overall search results. The helpful content update emphasizes rewarding people-first content, thereby providing a more rewarding user experience.
par Natalie Dzepina 5 août 2022
Nous avons tous remarqué une évolution du marché du travail depuis la pandémie, mais cela ne signifie pas que votre entreprise doit en souffrir. Bien qu'il puisse sembler difficile de trouver de nouveaux employés, il existe une solution relativement simple : les médias sociaux.
Plus de posts
Share by: