Search engine optimization, or SEO, is technically ‘free’ but the knowledge it takes to implement a winning strategy and outperform competitors can be expensive for small e-commerce businesses.
Understanding the intricate costs of Shopify SEO is pivotal for any business owner or marketer, as any effort you put in now will carry into next year.
You’ll typically need an existing customer list to run effective email and SMS marketing campaigns. These campaigns can be great for offers, but can also feel invasive to customers if overdone.
A killer paid social advertising strategy can help reach millions of customers, allowing you to scale and promote your store, but only while you keep paying.
If your Shopify store is optimized for search engines, you’re putting it in front of customers who are actively looking for your products or content without paying for advertising. Even months and years down the line, SEO pays dividends to conversions and revenue.
With an endless amount of ideas, tasks, and strategies to prioritize and implement, SEO can feel bottomless (even overwhelming). Done right, by following key principles, SEO can bolster your brand’s credibility, making your store a trusted name in your e-commerce vertical. A lot of SEO can also be beneficial to the overall user experience of your business. Fast page load times, easy navigation, and mobile optimization all play into optimizing for organic search.
Best of all, SEO and content marketing can often be the glue that holds many other ways of promoting your store together as part of a multi-channel strategy.
Beyond these first 12 steps, understand that success in SEO will typically require working in the following areas:
Pricing can vary inexplicably if you’re not familiar with the SEO industry. You’ll see agencies at the upper end, from around $50,000 USD per month for enterprise clients, to freelancers at $50 per month at the lower end.
The most common monthly retainers that are relevant to most Shopify stores will fall between $500 to $10k per month.
What affects price?
Website size, scope, competition, and agency location. For example, if you’re in a competitive field where customer acquisition costs are high, you’ll need a lot of SEO work to beat the competition.
Despite the high start-up costs, remember that SEO can boast a return on investment (ROI) many times the return on ad spend for paid campaigns.
These are often suitable for small businesses with a limited budget. The price may be attractive, but consider which elements of SEO will be covered and if it will be enough to move the needle.
Many US-based Shopify stores opt for cheap SEO agency options from other regions. In addition to evaluating their reputation and past results, consider timezone and cultural differences. Tread carefully with offers that sound too good to be true. This goes for agencies in the U.S., Canada, Australia, and Europe.
These agencies offer more comprehensive services, often with a track record of delivering results. Many may have a niche focus and personalized solutions, but these features also come at a higher cost.
Consider their experience with e-commerce and Shopify stores specifically, as there are many nuances of the platform to take into account, especially when it comes to technical SEO.
If you’re in a competitive niche with premium products, expect costs up to around $10,000 per month.
At OpenStore, we work with a startup marketing agency called Baumr, headed by Rudi Eihenbaums, to assist us with SEO strategy, planning, and producing content that resonates with our audience and drives better performance in organic search.
My colleague Jack Randall, OpenStore’s Head of Communications, formerly at Robinhood, explains what to look for:
“We’ve seen a great uptick in website traffic and B2B lead volume.
It felt like Rudi was an extension of our team. He quickly got to know 15+ employees as well as their roles and responsibilities and areas where they could add context, color, and expertise to our campaigns and goals.
Look for an agency that has the integration abilities and experience to build out a highly-successful SEO and content program.”
This option is ideal for large, enterprise-level Shopify stores with millions of pages or those in highly competitive industries that will be investing several tens of thousands monthly in agencies, copywriters, designers, and so on. Enterprise agencies often have the resources to manage multiple SEO aspects under one roof.
If you’re looking to get set up and don’t have a recurring budget to commit to SEO, consider freelancers or smaller agencies that offer per-project or hourly pricing. Remember that freelance pricing is not necessarily lower than that of agencies.
For most Shopify stores, unless they’re enterprise level, consultants that offer services on an hourly basis are a good bet for those ‘call a friend’ situations where you need something high-level. Or, if you’d like to perform a one-time technical SEO audit, content audit, or periodic keyword research to make sure you’re on the right track.
An experienced consultant can add value by helping you avoid costly errors and time spent pursuing fruitless goals, such as optimizing content that won’t drive results. For example, by asking the right questions during content strategy formulation, consultants can save clients thousands in misguided efforts.
Keep in mind that benefits from SEO work can take as long as six to nine months to show.
This option is great if you have a clear project scope and goals (more on this later).
Ultimately, to choose the right partner and save money, you need to understand what your asks are and educate yourself or your team on SEO (more on this later).
While it's easy to see SEO as just another cost, the reality is that effective SEO can significantly amplify your revenue stream. But the primary question remains: how much should you invest, and where should that investment go?
While affordability is crucial, focusing solely on cost can be counterproductive. A cheap SEO agency might not always offer the services and experience your Shopify store requires.
Knowing your business’ priorities can help in getting quotes that are specific and devoid of unnecessary services.
SEO is not an expense; it can be an investment. While it might seem daunting to allocate large budgets initially, done right, the long-term benefits of effective SEO can be transformative for your small business.
I know that what I said earlier about offers that sound too good to be true. This is different.
OpenStore Drive is a full-service Shopify management solution.
From inventory management and customer support to email marketing and SEO, OpenStore’s team manages your store for 12 months, while paying you guaranteed passive income every month.
This makes OpenStore one of the most affordable SEO agencies, with the best ROI you can get.
In day-to-day SEO strategy, OpenStore evaluates the ROI potential of each tactic and activity. It's not just about increasing traffic, but about attracting the right kind of customers that convert — aligned to your brand.
Regardless of SEO performance over the 12 months, the risk is entirely on OpenStore.
Read a recent case study of how OpenStore Drive grew an entrepreneur’s Shopify store: 50% increase in new customers, and around a 30% increase in net sales and orders. OpenStore Drive freed up the store owner's time and transformed his business in the process.
OpenStore will analyze your store’s performance to calculate your monthly, passive income payments. Get started for free, no-strings-attached: