Are Search Engine Optimization Services Worth It?

   Just a few short years ago, search engine optimization was considered something of a black art.  Few companies realized the financial impact of high search rankings and even fewer knew that there was any way to affect their own rankings.  Not to mention, it was so much easier to gain high rankings that most knowledgeable search engine optimizers were perfectly happy quietly profiting from their own sites’ high rankings. 

   Now, with the high-profile success of online advertising, and Google specifically, many companies are realizing the significant impact that good search rankings can have on their bottom line.  Of course, where there is new money, there is also competition, and hundreds of search engine optimization (SEO) firms have popped up in recent years as a result.  The question is:

Are SEO services really worth the price?

   The simple honest answer is: usually, but not always.  Everyone’s business model is a little different and companies need to consider the potential impact of ANY service before purchasing it.  Deciding whether you should invest in SEO services is a simple cost vs. benefit comparison:

COST - How much will it cost to achieve the rankings you desire?  Not all websites are equal.  If you have a brand new site, or one that has been severely neglected for a long time, it will take more time to achieve high rankings than a site that has been around for a while and is already somewhat established online.  Google in particular protects itself from search engine spammers by heavily favoring websites that show several months of steady incoming links and useful content.  Only then does it trust that site enough to rank it highly for competitive terms. 

New sites can and do rank well, but depending on how competitive your industry is online, it will take more resources to get the ball rolling and break through the competition than an established site would require.   If your site is relatively new, a smart SEO company will find relevant keywords that are less competitive and go after those initially to start building traffic to your site right away. 

BENEFIT - What do you have to gain from more website traffic?  Unless your company sells very low margin products, it’s usually pretty easy to justify an investment in attaining high search engine rankings.
  
One needs only to start an AdWords campaign to get a reality check on the value of a lead.  When some companies are willing to put $10 or more PER CLICK on their ads, you know you’ve got some competition.  The true power of SEO is that not only will you get MORE clicks from being listed highly on the organic side, but those leads are completely free.  That’s a huge savings each and every day that you have those high search rankings.   A good SEO company can provide you with search volumes for relevant keywords to give you an idea of how many potential new leads you may gain by using their services.  This will greatly help you to determine the actual monetary value of achieving high search engine rankings for your company.

   Finally, even after determining that SEO services are worthwhile for them, some companies have trouble committing to a search engine optimization contract primarily because results are rarely immediate, and there are no guarantees that the site will rank highly.  You need to understand that no one can directly manipulate the search results, so if you are guaranteed high rankings, you will probably end up paying to rank for keywords that are not being searched for at all.  Hire a quality SEO company that is very transparent in what they are doing, so you can see what terms they are optimizing for and how much traffic those terms could potentially bring in. 

    The bottom line with SEO services is that they can be very valuable for most companies, but not all.  You should do your own cost-benefit analysis, possibly with the assistance of a helpful SEO firm, to determine just how profitable improved search rankings could be for your business.

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