As you can see, the traffic has increased from a steady 90-100 visitors per month in 2014 to a new high of 279 in May 2016 (179% increase). More importantly, the leads from SEO increased from a high of 6 in October 2014 to a new high of 20 in April 2016 (233% increase).
(Two Important Notes: 1. This is a very seasonal industry because you do not pave driveways in the winter where our client is located. That’s why there is a decline in traffic and leads between November to February each year. 2. The graph above does not include phone calls generated from SEO)
OK, this sounds nice, but what’s the ROI?
To get to that number let’s look at the monthly change in leads from 2014 to 2016:
- 30 leads from SEO in 2014
- 122 leads from SEO in 2015
- 92 more leads from SEO year over year (307% increase)
Next, we need to know the average fee per sale and the lead to sale conversion rate. With a little research, you’ll find that the average fee for paving a driveway is around $5,000. It obviously depends on the size of the driveway and the complexity of the job, but on average it’s about $5,000.
SEO lead to sale conversion rates is a bit harder to research. If we assume a modest 5% conversion rate, then the 92 additional leads would generate about 5 more customers, or $25,000.
Lastly, we need to compare sales to the cost of the SEO work. This particular client was investing in a custom SEO package for $500/month so the ROI calculation looks like this: ($25,000 – $6,000) / $6,000 = 317% ROI.
Again, it’s important to note that this calculation does not take into account the phone call leads and sales so the ROI number is a low estimate.
But the ROI between 2014 to 2015 is not what’s most impressive here. If you look at the graph above you can see that 2016 outperformed 2015. That brings us to the big takeaway from this case study…
SEO Is a Growing Asset
When done right, SEO is a growing asset that will generate a better and better ROI each year. That’s the beauty of this marketing investment. Rather than renting ad space that disappears as soon as you stop paying the ad network, you’re building an asset that will grow over time!
|
No comments:
Post a Comment