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How much will it cost?
This is a question I get quite often, and my
response is always the same; it depends. It depends
on your unique situation. But before I explain some
of the factors that go into determining your
situation, let me begin by pointing out some things
which make my business model different from what you
might have found when speaking with other agencies
that offer search engine marketing services.
The term search engine marketing (SEM) encompasses
both search engine optimization (SEO) and
pay-per-click (PPC). See the article entitled
SEO versus PPC for a
detailed comparison of the two methods. Each method
has its pros and cons, but the point I want to make
here is how most agencies charge for these services
and the perceptions most people have about them.
Most agencies price their services as a monthly fee.
This has two distinct advantages for them. First, it
sets your sites on the longer term, meaning when you
can expect meaningful results and second, it commits
you to paying that fixed monthly fee even when the
campaign matures and the agency's actual costs are
much lower.
My business model is different. I charge by the hour
($100/hr). If you need to keep your monthly expense
to a lower fixed cost, that’s fine, it will just
take longer to get the job done. On the other hand,
if you want to reach your goals and begin reaping
the benefits as quickly as possible, we can proceed
full speed ahead. Whether the work is done over the
course of a week or several months is largely up to
you. Then, when the campaign matures, your
costs are reduced because my workload is reduced.
So when you ask the question, “how much will it
cost?” I won’t be answering with a fixed monthly
amount unless you need to stick to a budget. My
response is more likely to be about how much work
will be required and how quickly you can expect to
see results.
Here are some of the factors that determine how much
work will be required and therefore what the cost
will be:
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How many products do you want to
promote or how many ways are prospects likely to
search for your product? The implication being,
the number of keywords needing to be created and
managed.
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Do you already have an
established PPC account with Google or Yahoo? If
we need to go through the account creation
process it will take additional time.
-
What condition is your account
in? Should I try to fix what you have or start
from scratch? It’s often difficult for me to
determine this until I have had a chance to make
a thorough analysis of your account. Obviously,
the bigger the account, the more time it will
take.
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How many separate geographic
markets do you serve? If you serve a local
market, chances are there will need to be at
least two campaigns, a local and a national. The
local campaign has keywords like “widgets” and
the national campaign has keywords like “dallas
widgets”.
-
How many networks do you want to
appear on? For example, the way you create and
manage a search campaign is different from how
you create and manage a content campaign. Then
there is the question as to how many search
engines do you want to appear on; Google, Yahoo,
MSN, etc.
-
How involved do you want to be in
the process? If you are the kind of person who
wants to know what’s going on and why or you
want me to coach you so you can eventually
manage the account yourself, it will take longer
and cost more.
It's rare that I can get a client's account created
(or fixed) and to a mature state in less than ten
hours of my time ($1,000). So if that figure
concerns you, we are probably not a good fit. Perhaps
you would like to see what I consider to be
My ideal client.
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