I’ve been hearing more and more about Pay-for-Performance for SEO Consultants.
Although, many an SEO Consultant I’ve spoken with, have a problem with the performance based compensation model. The reason is because the client is asking the SEO to take the all risks. Especially for a new website to rank well in a competitive vertical. That can take a lot of time & investment. So, the idea is…why not challenge an SEO Consultant, and not assume any risk/investmest yourself?
Many SEO Consultants will not entertain the thought of this payment model for a millisecond. However, if they do, here are a few pay-for-performance SEO business models.
1) No upfront or monthly payments. Pay per lead, per sale or % from profit.
2) Small monthly fee. And, Pay per lead, per sale or % from profit.
3) SEO Consultant charges a one-time minimal fee for the initial SEO Optimization then only gets paid when the Top 5 positions are achieved. In this model, the SEO Consultant gets paid when the Keyword(s) rank in the SERP’s in a specific position.
For example: Pay an initial ( one-time) fee of $1000. Then, pay the SEO Consultant on Search Engine Rankings for specific keywords.
$125.00 per month for position #5.
$250 per month for position #4.
$500 per month for position #3.
$1000 per month for position #2.
$2000 per month for position #1.
There can be a list of many keywords, and the cumulative pay, might be more than expected. A real win-win situation for both parties.
To allieviate the unbalanced risk that the SEO Consultant takes, he can charge a low monthly fee in addition to the performance incentive. Of course these are just examples, and the actual amounts will vary per SEO Consultant.
Postscript:
Another idea is for Pricing to be a specific amount (eg: $0.15) for each “unique visitor” to the website. A Web Analytics summary report should be provided at the end of each month.