Search engine optimization (SEO)

What are the prices and costs of SEO (search engine optimization) in 2024?

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SEO (Search Engine Optimization) has become incredibly popular these days—after all, who wouldn't want their business to appear at the top of Google's organic search results? If you're an entrepreneur and aren't quite familiar with the world of SEO, don't worry; there are plenty of agencies and professionals today who can take this strategic task off your hands to help your website climb the search rankings. However, nothing comes for free, and the cost of SEO services varies widely. So, what exactly can you expect when it comes to SEO pricing?

Why is it important to understand SEO and SEO pricing? 

We know what you're thinking: this whole SEO topic is a bit of a cliché. And if you can simply create paid Google ads to boost your business, why bother with search engine optimization at all? 

The situation, however, isn't that simple. Today, with so many similar businesses, webshops with the same product categories, and companies offering identical products or services, people often get lost in a sea of data, information, and options. 

#m1-p#LET'S TAKE A VERY SIMPLE EXAMPLE##

Just think about it: you really want to buy a specific item, but you aren't sure which type to choose or why. What’s the first thing you do? You type it into Google and wait for the results. And what do you see first? Paid ads, which most people don't even click on for various reasons. Why? Because they know that just because something is in the top spot doesn't mean it's the best or most credible site—precisely because it's a paid ad. 

A well-optimized website can be the key to your business's success. One of the best and most significant advantages of using SEO is that it’s a strategy capable of influencing your site's visibility and ranking in search results—all in the long term. And why is it good to move your website up that list? You can attract more customers, which will clearly impact your revenue and the daily success of your business in the future. The more organic traffic your site receives, the more visitors you gain. 

If you aren't really an expert in this area of business, you will have to outsource this task to someone—either an SEO agency or a freelance SEO specialist.

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SEO prices can vary significantly in many cases, as they are influenced by numerous factors:  

  • the nature of the engagement, i.e., whether you hire a freelancer or an SEO agency
  • exactly what you want to achieve in this area
  • the timeframe in which you want to achieve it
  • the size of your business
  • the type and volume of services you provide or products you sell
  • whether you use the service on a project basis or regularly (e.g., monthly).
  • whether the pricing is monthly or hourly
  • where is the consulting firm located
  • what kind of and how much prior experience do they have
  • is the business using SEO services a startup or has it been on the market for a long time
  • within what timeframe does the client want to see significant results 

Is it worth appearing among the top search results?

The answer is a resounding yes! It is important to know that most interested users do not browse through hundreds of Google results; instead, they stay on the first or perhaps the second page of results and choose the content relevant to them from there. If you think about it, you do the same, right? When you search for something, you always choose a website from the top of the list first, and you only click on the fifteenth result in very justified cases. Since SEO achieves traffic through specific keywords, it is worth choosing them carefully, based on preliminary keyword research

This way, your website will definitely contain the most searched-for yet relevant keywords that best characterize your business. How easily your website appears in search results also depends largely on you. Many things can influence this, as the relevance and length of your content, or when you published it, have just as much impact on search results as how often and which keywords—important to you—you use. As for SEO pricing, it is worth looking around in several places, as there can be huge price differences between service providers.

What is the bottom line when it comes to SEO pricing? 

SEO prices can depend on many things, as SEO services can be very diverse, but the size of your business, for example, can largely determine the rates you should calculate with, since SEO companies set their personalized rates based on the tasks to be performed (and their volume).  

With this table, we provide a comprehensive overview to help you get informed about average SEO prices:

Of course, the prices listed above do not mean that these fees are typical for every SEO agency , and obviously, depending on the size of a company and how many domains they want to use search engine optimization services for and for how many months, the sky can be the limit. However, many SEO agencies may offer more favorable monthly fees for ongoing contracts or longer-term commitments. 

#m1-p#THE LARGER YOUR WEBSITE OR PROJECT, THE WIDER THE RANGE OF SEO PRICES.##

What exactly do we mean by SEO pricing?

A great many things, which can vary significantly depending on the SEO experts or agencies providing the service. SEO prices do not just include SEO copywriting itself, but also a lot of other things that belong to the specific project. 

For example, many people have their own websites analyzed by expert firms first, and they consider it important to do some research on the competition as well, i.e., to get informed and gain information about competitorsIn some cases, SEO services are bundled with PR elements and other marketing activities. Some businesses charge separate fees for different types of communication; for example, they may have different rates for in-person meetings, phone calls, and online consultations.

Many SEO companies perform an audit of an existing website, providing recommendations to fix any issues discovered. Naturally, keyword research is a central component of the tasks to be performed in every case. 

Deciding who to entrust with your search engine optimization tasks is entirely up to you. You have a wide range of options, as you can choose between freelance SEO consultants, SEO agencies, or full-service marketing agencies .

To determine SEO service pricing, an agency must first understand the client's current situation, goals, and expectations. Only then can they determine exactly how much work is required, what kind of content development is needed, and approximately how long the project will take. 

What services can be found within the range of search engine optimization pricing? 

1.     SEO consulting and consultation: during this process, experts review your website and answer your questions. At the first meeting, everyone presents their perspective, and based on the points you raise, the consultant outlines what the future workflow will look like, exactly what tasks you can expect to be completed, and which critical areas of your business require intervention. Consulting hourly rates can vary, ranging from 15,000 HUF up to 50,000 HUF per hour, though you may occasionally find a consultant who offers a free assessment of your site's on-site settings as part of a promotion. 

2.    Keyword research: to appear in search engines, your business needs the right keywords. As the first step of SEO (alongside content creation), almost everyone begins the process by identifying the right keywords, as the entire project is built upon them. If you have the right keywords, your website's visibility in search engines will also improve. The cost of keyword research depends largely on how many core terms the project is built around. On average, prices range between 15,000 and 25,000 HUF per product category, but it may be necessary to examine many areas during a project (see the table).

3.    SEO audit: if you want to optimize your website even more effectively, an audit may be necessary, during which your website and existing processes are analyzed from an SEO perspective. The SEO audit  fixed fee is determined by the type of check you choose, as there are both software-based and manual expert analyses available. A "simpler" analysis can cost up to 50,000 HUF, but if you request a comprehensive analysis and software-based analytics, the upper limit is approximately 250,000 HUF.

4.    Link building: a domain's reputation and authority are measured by the websites that link to it. That is why it is crucial to have as many strong links pointing to your site as possible, as this helps Google rank you higher in search results. You can hire professionals or agencies to improve your link profile; this is known as artificial link building. Natural link building occurs when your visitors find your content (e.g., a blog post) interesting enough to share and link to it themselves. You can find low-quality links for as little as 5,000 HUF each, while higher-quality options are significantly more expensive—a link embedded in a PR article typically ranges from 50,000 to 100,000 HUF, though it can cost several hundred thousand on high-traffic or prestigious portals.

5.    Copywriting: naturally, the first and most obvious aspect of SEO is copywriting, which forms the foundation of everything. Without high-quality, valuable content, there is no SEO. It is important that your content is unique, creative, and engaging so that as many people as possible read your newsletters, blogs, and website. Copywriters charge per character, typically ranging from 2 to 5 HUF per character. 

Summary

The payment model you choose is entirely up to you. Of course, if you prefer to pay on a project basis because you believe it is the best option, that is certainly possible. However, we must note that monthly SEO retainers are a highly effective way to secure a top ranking for your business on Google, as your company receives continuous attention. Ongoing SEO management can ensure your business is found on Google in the long run, preventing it from trailing at the bottom of the search results.

#promobox#Need help from an expert team to boost your SEO strategy?##

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