SEO Budget – How High Should It Be?

In today’s business world, implementing an SEO strategy is no longer a question of whether or not it should be done. Instead, small and medium-sized enterprises should ask themselves how they should do this. Search engine optimization is one of the most effective ways to attract valuable traffic to your website. However, small businesses struggle to accurately estimate the average SEO cost. The budgets vary from company to company. Additionally, they vary depending on the strategy you choose. However, it doesn’t mean that SMEs cannot find the right financial resources to spend on SEO. On the contrary, there are many methods to choose the right budget.

It depends

First of all, you need to ask yourself the right question. Instead of wondering how much does SEO cost, think rather what effect you want to achieve – whether it is presence in search results, a specific level of traffic on the site, sales, or something else. Website positioning and its costs depend on many factors that must be analyzed from the very beginning. Activities should be tailored individually by a professional company like Rank Higher Agency SEO services not only to the website and industry, but also to your budget and goals.

SEO, and consequently website positioning, are complex activities. For this reason, their components cannot be briefly determined, e.g. on the basis of website or competition statistics – they should be selected individually for your company. In general, however, it can be said that the larger your budget, the wider you will be able to take.

Monthly Costs

SEO costs are usually determined on the basis of two categories – most often it is an hourly rate or a monthly subscription. For consultations, the number of hours needed can be estimated, but the final number of hours may change. The advantage of the hourly rate is the possibility of budget modifications in individual months. In the case of a subscription, the cost of website positioning is known in advance and will not change without prior arrangements.

The costs of website positioning can reach even thousands of euros a month, but the cheapest SEO packages start from about 500 euros. Such a budget already allows for effective activities, although it means a limited amount of content per page or link building.

What Is the Optimal Percentage of Earnings from the Starting Amount?

Obviously, every website owner’s dream is a state in which it is enough to use ready-made tools, beaten paths only the possibilities of your own team, without having to pay additional external specialists. Unfortunately, the larger the budget, the more thoroughly it is verified, so you should adopt a strategy not to go below the amount to be spent at the beginning.

In the initial months of cooperation with a client with a large budget, a large fraction of the sum on SEO should be spent – this will allow you to observe stable increases and, above all, prepare the content of the website at a high level. The less money we spend from the assumed budget, the less chance of tangible results. Although a large fraction of the sum on the invoice is of course the employees’ working time, their knowledge and resources used for the company, it should not be forgotten that the initial expenses usually pay off the faster the faster we invest.

SEO Budget – How High Should It Be? was last updated March 23rd, 2022 by Preston White