Is SEO Worth It For Small Business

Is SEO Worth It For Small Business?

24 Jul 2024
SEO is a great investment for many small businesses. It’s a relatively affordable to make your small business easy to find online, and your website easy to use. SEO (search engine optimization) works for small businesses and can be worth it for many reasons, including:

Boosts Brand Awareness


SEO helps small businesses appear at the top of search results, increasing visibility and brand awareness. According to a study by Chitika, the top listing in Google’s organic search results receives 33% of the traffic, compared to 18% for the second position. For example, a small business ranking first for a high-volume keyword could see a significant increase in website visits, leading to greater brand recognition and customer loyalty. [Source: Chitika]

Increases Website Traffic


A study by BrightEdge found that organic search is the largest driver of web traffic, accounting for 53.3% of all visits. For a small business, this means that investing in SEO can lead to a substantial increase in website traffic. For instance, if a business sees 5,000 monthly visitors, SEO could potentially increase that number to over 7,600, driving more potential customers to the site. [Source: BrightEdge]

Improves Conversion Rates


A study by MarketingSherpa found that organic search leads have a 14.6% close rate, compared to 1.7% for outbound leads. For a small business generating 500 leads per month, SEO could convert about 73 leads into sales, compared to just 8.5 from outbound methods. This highlights the effectiveness of SEO in attracting high-quality leads that are more likely to convert. [Source: MarketingSherpa]

Enhances Mobile Reach


Google reports that 61% of mobile searchers are more likely to contact a local business if they have a mobile-friendly site. For small businesses, optimizing their website for mobile search can significantly increase the likelihood of attracting local customers. For example, a small restaurant could see a notable increase in reservations and foot traffic by ensuring its site is mobile-friendly. [Source: Google]

Reduces Customer Acquisition Costs


According to Demand Metric, inbound marketing, including SEO, costs 61% less per lead than outbound marketing. For a small business spending $20 per lead on outbound marketing, SEO could reduce this cost to around $7.80 per lead, significantly lowering overall marketing expenses while maintaining or even increasing lead quality. [Source: Demand Metric]

Drives Long-Term Growth


A study by Ahrefs found that 60% of pages ranked on the first page of Google are three or more years old, demonstrating the long-term benefits of SEO. For small businesses, this means that an initial investment in SEO can yield results for years to come, providing a consistent stream of traffic and leads without ongoing costs. [Source: Ahrefs]

Increases Local Customer Engagement


According to Google, 28% of searches for something nearby result in a purchase. For a small business, optimizing for local search can significantly increase local customer engagement and sales. For instance, a local bakery could see a surge in foot traffic and orders from customers finding them through local search queries. [Source: Google]

Builds Customer Trust and Loyalty


A survey by Edelman found that 81% of consumers need to trust a brand to buy from them. High search rankings can help build this trust, as consumers often perceive top-ranked sites as more credible. For a small business, achieving high rankings through SEO can enhance customer trust and loyalty, leading to repeat business and word-of-mouth referrals. [Source: Edelman]

Provides Valuable Insights


SEO tools and analytics provide small businesses with valuable insights into customer behavior and preferences. For example, Google Analytics can show which keywords are driving traffic, which pages are most popular, and where visitors are coming from. These insights allow businesses to refine their strategies and improve their offerings to better meet customer needs. [Source: Google Analytics]

Maximizes Marketing ROI


A study by Forrester found that SEO offers a higher ROI than traditional forms of marketing. For a small business with a limited marketing budget, this means that every dollar spent on SEO can yield more returns compared to other marketing strategies. For instance, if a business invests $5,000 in SEO, it could see returns exceeding $50,000, making it a highly effective and efficient use of resources. [Source: Forrester]

In Conclusion, SEO works for small businesses and can be worth it for many reasons.


Sources:


https://chitika.com/insights/2013/the-value-of-google-result-positioning/

https://www.brightedge.com/resources/webinars/2020/01/q1/seo-performance-impact-webinar

https://www.marketingsherpa.com/article/chart/marketing-methods-generate-highest-volume-quality-leads

https://www.thinkwithgoogle.com/consumer-insights/consumer-trends/mobile-search-trends/

https://www.demandmetric.com/content/content-marketing-infographic

https://ahrefs.com/blog/seo-statistics/

https://www.thinkwithgoogle.com/consumer-insights/consumer-trends/local-search-trends/

https://www.edelman.com/trust-barometer

https://analytics.google.com/analytics/web/

https://go.forrester.com/blogs/why-user-experience-the-most-important-metric-youre-not-measuring/
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Is SEO Worth It

Is SEO Worth It?

24 Jul 2024
SEO (search engine optimization) works and can be worth it for many reasons, including:

Increased Organic Traffic


A recent study by BrightEdge discovered that organic search accounts for 53% of all website traffic. For instance, a company that receives 100,000 monthly visitors could attribute 53K of those visitors to organic search, proving the significant impact of SEO on web traffic. Organic traffic is important because it consists of users actively searching for products, services, or information that your website provides. This highly targeted traffic can in better engagement and higher conversion rates compared to other traffic sources.

[Source: BrightEdge]

Cost-Effective Marketing


According Demand Metric's study, the cost of content marketing is 62% less than traditional marketing and yields three times as many leads. For example, a small business who pays $10,000 for SEO could generate an ROI of $30,000. This makes SEO affordable strategy, allowing businesses to attract a steady stream traffic without the high costs of paid advertising.

[Source: Demand Metric]

Builds Credibility and Trust


A survey by Search Engine Journal showed that 75% of users never scroll past the first page of search results. If a business moves from the second page to the first page, it can potentially capture 75% of the total search traffic, significantly boosting visibility and trust. Ranking on the first page of search results is seen as a mark of credibility and reliability, as users tend to trust search engines to provide the best results for their queries.

[Source: Search Engine Journal]

Better User Experience


A study by Forrester found that a well-designed user interface could increase a website’s conversion rate by up to 200%. For example, if a company’s conversion rate is 2% with 10,000 visitors, improving user experience through SEO could increase conversions from 200 to 600. SEO involves optimizing website speed, mobile-friendliness, and overall usability, all of which contribute to a better user experience and higher engagement rates.

[Source: Forrester]

Higher Conversion Rates


According to Search Engine Land, leads generated from SEO have a 14.6% close rate, compared to 1.7% for outbound leads. For a business generating 1,000 leads, this means SEO could convert 146 leads into sales, compared to just 17 from outbound methods. This higher conversion rate is due to the targeted nature of SEO, which attracts users who are already interested in your products or services.

[Source: Search Engine Land]

Long-Term Strategy


A case study by Ahrefs found that 60% of pages listed on the first page of Google are three or more years old. This longevity shows that once you achieve high rankings, the benefits of SEO can last for years, providing continuous traffic without ongoing costs. Unlike paid advertising, which stops driving traffic once the budget is exhausted, SEO efforts can continue to pay off long after the initial investment.

[Source: Ahrefs]

Competitive Advantage


A study by Conductor revealed that companies investing in SEO grow 20% faster than those that don’t. If a business’s revenue is $1 million, investing in SEO could potentially increase revenue by $200,000 annually, compared to a competitor not using SEO. This growth is attributed to the increased visibility, traffic, and conversions that come with higher search rankings.

[Source: Conductor]

Supports Content Marketing


Content marketing generates 3 times as many leads as traditional outbound marketing but costs 62% less, according to Demand Metric. For instance, if a business spends $10,000 on traditional marketing to generate 100 leads, the same investment in SEO-driven content could generate 300 leads at a lower cost. This efficiency makes SEO a highly effective component of a content marketing strategy.

[Source: Demand Metric]

Enhances Local Search


Google reports that 76% of people who search for something nearby on their smartphones visit a related business within a day, and 28% of those searches result in a purchase. For a local business, this could mean that out of 1,000 local searches, 760 visits could translate into 212 purchases. Local SEO tactics, such as optimizing Google My Business listings and obtaining local reviews, can significantly boost visibility and sales.

[Source: Google]

Measurable Results


A survey by HubSpot found that companies using inbound marketing (SEO) double their average website conversion rates from 6% to 12%. For a business with 50,000 visitors per month, this could mean an increase from 3,000 to 6,000 conversions, doubling their bottom line impact. SEO tools and analytics provide detailed insights into traffic, behavior, and conversions, allowing businesses to refine their strategies for maximum impact.

[Source: HubSpot]

Is SEO worth it for small businesses?


Yes, SEO is definitely worth it for small businesses, providing undeniable benefits such as a strong brand identity, sustainable long-term growth, and cost-effective lead generation.

However, it's important to note that SEO requires a long-term commitment and might not be suitable for businesses seeking quick wins.


Sources:


https://www.brightedge.com/resources/webinars/2020/01/q1/seo-performance-impact-webinar

https://www.demandmetric.com/content/content-marketing-infographic

https://www.searchenginejournal.com/seo-101/what-is-seo/

https://go.forrester.com/blogs/why-user-experience-the-most-important-metric-youre-not-measuring/

https://searchengineland.com/stats-seo-important-2018-289212

https://ahrefs.com/blog/seo-statistics/

https://www.conductor.com/blog/2016/06/organic-search-seo-strategy/

https://www.demandmetric.com/content/content-marketing-infographic

https://www.thinkwithgoogle.com/consumer-insights/consumer-trends/local-search-trends/

https://www.hubspot.com/inbound-marketing
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SEO - Search Engine Optimization

How Much Does SEO Cost?

22 Jul 2024
SEO Cost - Price - Fees - Rates

Local SEO pricing typically ranges from $300 to $500 per month. Small-scale SEO packages cost between $1,500 and $2,500 per month. Comprehensive Local SEO services can be priced as high as $3,000 to $5,000 per month. Most businesses have budgets that vary from $500 to $10,000 per month.

Hourly, Monthly, Per Project SEO Cost


Hourly Rates:


- US agencies: $75–$300 per hour

- Overseas companies: $10–$50 per hour

The average hourly rate for SEO services typically ranges between $75 and $300 according to SearchEngineLand. This can vary based on factors such as the provider's expertise, the complexity of the project, and geographic location.

Monthly Rates:


- US agencies: $500–$10,000 per month

- Average range: $500–$10,000 per month

In the U.S., many small businesses spend around $500 per month on SEO. According to recent data, over half of all SEO professionals work with monthly budgets ranging from $500 to $5,000, with 28.6% reporting budgets in the $1,001-$5,000 range according to SearchEngineJournal.

Per Project:


- Agencies: $2,501–$5,000

- Consultants: $5,001–$10,000

- Freelancers: $101–$250

The average fee for an SEO project typically ranges from $2,500 to $5,000. This can vary depending on the project's scope, complexity, and the provider's experience. For larger or more complex projects, the fee can be higher.

Local Campaigns:


- Typically lower than other campaign types

SEO Cost by Task


Auditing:


SEO audits assess your current performance and identify areas for improvement. Costs range from $500 for a simple audit to $30,000 for a comprehensive one according to Forbes.

SEO Copywriting:


Quality content is crucial for SEO. Experienced content creators charge between $0.20 to $2 per word, translating to $200 to $2,000 for a 1,000-word page. SEO copywriting costs an average of $0.15 to $0.50 per word according to FOXRR.

Technical Configuration


Proper site setup and technical SEO are essential. Developers typically charge $40 to $160 per hour for these tasks.

SEO Research Tools


Tools like Ahrefs and Semrush help with keyword and competitor research, costing $99 to $129.95 per month.

SEO Reporting and Monitoring Tools


Tracking the effectiveness of your SEO efforts often involves reporting tools, which can be bundled with research tools or accessed via Google Analytics for free.

Link Building


Acquiring backlinks from reputable sites can cost $100 to $1,500 per link, depending on quality and industry.

SEO Pricing Models


SEO services are often offered in packages:

Starter SEO Packages


Include basics like keyword research, local optimization, and meta information. Average pricing ranges from $300 to $500 per month. Basic SEO plans can range from $250-$3,000 a month according to OuterBoxDesign.

Intermediate SEO Packages


Add advanced site optimization, link building, and A/B testing, costing $400 to $900 per month.

Advanced SEO Packages


Include extensive services such as paid search management and advanced reporting, with costs exceeding $4,000 per month.

Pricing by Provider


Pricing varies by provider type:

SEO Agency


Average hourly rate: $99, Monthly rate: $3,209, Per-project rate: $9,508

SEO Consultant


Average hourly rate: $171, Monthly rate: $3,250, Per-project rate: $8,686

SEO Freelancer


Average hourly rate: $72, Monthly rate: $1,349, Per-project rate: $2,349

Pricing by Business Size


Costs can also vary based on business size:

Startup


Monthly price: $750 - $1,500

Small Business


Monthly price: $1,500 - $3,000

Medium Business


Monthly price: $1,500 - $5,000

ROI of SEO


SEO can offer a good return on investment. The average business spends $497 per month on SEO, with those spending more often seeing better results. For instance, if your SEO campaign costs $20,000 and generates $100,000 in sales, your ROI would be 4, meaning $4 earned for every $1 spent.

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How to Choose an SEO Company

How to Choose an SEO Company

22 Jul 2024
When choosing an SEO company, consider several key factors such as their specialties, goals, and past performance:

Define Your Goals


Clearly define your SEO goals and milestones to ensure potential partners understand the scope of the work. This helps in aligning expectations and determining if the SEO company can meet your specific needs according to UpGrow

Ask About Specialties


Ask about their SEO specialties. Different agencies excel in various areas such as technical SEO, link building, content marketing, or local SEO. Knowing their strengths can help you choose a company that matches your specific requirements.

Evaluate Past Performance


Examine the agency's past performance by looking at their portfolio. Ask current or former clients about their experiences to gauge satisfaction and results. This can provide insight into the agency's reliability and effectiveness.

Review Case Studies


Review case studies provided by the agency. These detailed examples showcase their ability to deliver on promises and highlight their strengths and weaknesses. Case studies can also give you a sense of the types of businesses the agency has successfully worked with according to WebFX.

Evaluate Communication Style 


Evaluate their communication style. Effective communication is crucial for a successful partnership. Ensure the agency is responsive, transparent, and able to explain their strategies and progress clearly according to VIPMarketing.

Ask About Pricing


Not all SEO companies are created equal, and this holds true for their pricing structures as well. It's essential to ask detailed questions about their pricing to understand what you are paying for and to ensure it aligns with your budget and expectations. SEO pricing varies widely, so it's important to understand what you're paying for. Many search engine optimization agencies offer tailored pricing to meet your specific needs and goals according to Marketix

Research SEO Agencies 


When researching SEO agencies, identify your specific needs and examine the credentials, experience, and client reviews of potential agencies. Evaluate their approach, request proposals, and ensure they offer effective communication and reporting for a successful long-term partnership according to SafariDigital

Read Reviews


Read reviews to gain insights into the experiences of past clients with the SEO agencies you are considering. These reviews can highlight the agency's strengths and weaknesses, helping you make an informed decision about their reliability and effectiveness according to TheeDigital

Confirm Location


Do your own research to determine what best suits your needs. Consider whether you want to work with an agency local to your area, which can offer the advantage of in-person meetings and local market expertise, or if you are open to casting a wider net and working with a national or international agency that might provide a broader range of services and perspectives according to SERanking.

Study SEO Best Practices 


No matter how skilled an SEO expert is, not following search engine guidelines can cause your website to decline. Be cautious of companies promising quick traffic, as they may use blackhat techniques that can get your site penalized according to Clutch

Set Up An SEO Consultation


Make sure you get a free SEO consultation to make sure its a right fit for your company. They will normally give you projections of what they can do for your company according to DirectLine.

By thoroughly evaluating these aspects, you can make a more informed decision when selecting an SEO company that best fits your business needs.

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Fastest Way to Promote a New Website for Free

17 Oct 2019
SEO is the best and fastest way to promote a new website for free. Learn a ton of free tips to advertise your website on Google search with your website and blog posts.

According to Wix, the best way to promote a new website is:

  1. Solidify your website SEO

  2. Take advantage of email marketing

  3. Start a blog

  4. Try guest blogging

  5. Harness the power of social media

  6. Submit your site to online directories

  7. Post on forums

  8. Reach out with outreach marketing

  9. Say it with your signature

  10. Focus on quality


In the video, I touch on each of these topics and tell you actionable tips you can do right now to promote your new website for free starting today.

How to Promote a New Website for Free - Fastest
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