How Much Does SEO Cost? (4 Major Factors)

Ever wonder why search engine optimization (SEO) prices can range from hundreds of dollars to several thousand dollars per month? The quality of the service is certainly a factor, but SEO fees also depend greatly on the type of business you’re in.
 
In this article, I’ll break down SEO pricing into the 4 major factors so you can see where your business falls on the spectrum of fees.
 

1. Local vs. National SEO

As you can probably guess, it tends to be easier to rank in Google for local searches than to rank nationally or even globally.  Therefore, SEO services are cheaper for businesses focused on a local market.
 
For many local searches, Google now displays Google+ Local business listings, along with a map in the upper right corner of the search results.  So instead of trying to get your business website to rank in Google, you need to focus on your Google+ Local business listing.  This is called “Local SEO” and it requires different tactics than traditional SEO.
 
Not only is local SEO cheaper, but you also tend to get faster results compared to traditional SEO.  For these reasons, I recommend most businesses start investing in local SEO first.
 
In our experience providing these services, and from discussions with many other SEO providers, we’ve found that most local SEO services range from $500 to $1,000 per month, and most national SEO services start at around $2,000 per month and go up from there, based on some of the factors listed below.
 

2. Number of Products/Services

The next factor is the number of products or services you want to target with SEO.  If you have 50 different products and you want them all to be #1 when prospects are searching in Google, then you need to optimize all 50 product webpages.  Clearly, that requires more work than optimizing just one product or service.
 
Some SEO companies’ fees are based on the number of keywords, which is essentially the same as charging by the number of products or services you want to promote.  So if you’re on a tight budget, it’s important to focus on the best SEO opportunities based on keyword search volume, SEO competition, and the profit margin of your product or service.
 

3. Strength of Competition

The third factor is the strength of your competition.  I’m not talking about your direct competitors that usually pop into your head.  I’m talking about SEO competitors who are already ranking in Google for the keywords you want to target.
 
We recently worked with a client that literally had no competition in an entire state.  So when we asked about competitors for SEO, they laughed.  In their mind, they had no competitors.  However, when we searched for the keywords they wanted to rank for, then sure enough, they DID have competitors. There were plenty of other websites ranking above them in the search results.
 
With SEO, you always have competitors and they may not even be in the same industry as you.  The stronger the competition, the more work (i.e. higher fees) it’s going to take to overtake them in the search results.
 

4. Existing Google Penalties

Another factor is whether or not your website has existing Google penalties.  A lot of businesses were hit hard by Google updates like Panda, Penguin, or the dreaded “unnatural link penalty.”  Unfortunately, I’ve talked to several business owners who have not yet fixed the penalties because of the fees involved.
 
If you have an existing penalty, then I recommend you first focus on fixing the root cause.  Until the penalty is removed, SEO is going to be like fighting with one or two arms tied behind your back.
 

Conclusion

As you can see, there are a lot of factors that determine search engine optimization prices. And one additional factor is whether you’re investing in a one-time SEO project (such as an audit or on-page SEO clean-up), or whether you’re investing in on-going SEO (including content development and link-building).
 
The first step is always an audit to assess the situation, understand the business goals, and lay out a plan of attack.  Then based on the 4 factors above, the exact SEO fee can be determined.

SEO vs. AdWords: Where should you start?

Is SEO or AdWords My Best Place To Start?

Last Friday I had lunch with an old college friend and her friend, Tim. Tim has been working on a new minimalist running shoe for the past two years and he's just about ready to bring it to market. Hence, the meeting with me to pick my brain about next steps.


If you know anything about my extracurricular activities, then you can see why this would be a match made in heaven. Not only do I love running, but I just so happen to run in huarache sandals. That's as minimalist as you can get without running barefoot. 

During our conversation Tim asked about SEO and AdWords advertising. He was curious to learn more and see which one was a better fit.


My answer? Hands down AdWords advertising is where he should focus his attention. Of course, he shouldn't ignore SEO completely, but that's not the path to profitability and sustainability if you're launching a new product or service.


I'll also point out the fact that Tim did not even bring up social media. If he had, then my answer does not change. Social media is not your answer when you're just starting out.


Tim's #1 priority in the short term is to find his ideal selling strategy. In other words, he needs to figure out as quickly as possible the optimal price point, sales copy, website layout, cart abandonment follow-up sequences, upsells, retargeting sequences, referral programs, and iron out any kinks in the delivery and return processes.



So how the heck do you do all of that?


Well you start by driving a consistent, dependable stream of traffic to your website and then you systematically test all of the moving parts in your sales path. That's the basic process to find your ideal selling strategy. It's not rocket science, but it does take time, discipline, and the most important variable is traffic. Without a consistent stream of high quality prospects, then you can't test anything.


And neither SEO nor social media will reliably provide this type of traffic. That's why online search advertising in Google AdWords is the best place to start. As long as your ideal customers are going to Google to find your product or service, then AdWords is the best option available. Focus on optimizing your selling path and then when you're ready to expand your marketing, look into SEO or social media.