Businesses spend almost $50 billion on SEO. This is not surprising since search engine optimization (SEO) offers many benefits such as improved site traffic and brand awareness. However, how much will you pay for SEO services for your small Minneapolis business? Read on to learn how much SEO services cost in Minneapolis and the factors that influence that cost.

Average Cost of SEO Services

SEO agencies can get paid hourly, monthly, or for each project. The average hourly rate is around $75 to $100. This can sometimes reach $150 depending on the extent of service required. Meanwhile, the average monthly retainer rate is $500 to $1,000. However, if you only want SEO services for a specific project, the whole cost could be around $2,500 to $5,000.

Factors that Impact SEO Service Costs

The actual price of SEO services is dependent on certain factors.

Content and Keyword Quantity

The service price will depend on the number of keywords and content you want to optimize, because it takes time to identify words and phrases that would yield high searchability. Moreover, SEO service providers need to align your content with search engine algorithms for your site to have a good search ranking.

Hence, the larger the keyword and content volumes are, the higher the cost you’ll need to pay for the service.

Business and Website Size

The size of both your business and website will also impact the cost. A big business needs large traffic to sustain itself. Thus, your SEO agency Minneapolis partner has to exert more effort to drive users to your site. Moreover, a bigger website would require more maintenance and SEO optimization. This added workload would translate into slightly higher service costs.

Final Thoughts

There are several factors that influence SEO service costs. If you want to get your money’s worth, hire a reputable SEO agency that offers great services at reasonable prices.