What do you do if you need an SEO but don't have a lot of money up front to pay him or her? That's the quandary the
original poster in this week's thread faces. He has an idea, but will it work? Check out this lively thread for our
forum members' wise input, and add some of your own.
Does this type of SEO/Consultant exist?
tmac187
Does this type of SEO/Consultant exist?
An SEOer or consultant that gets paid by how much money your site generates off of their services, as opposed to what ranking they can get for a certain keyword(s). For example, maybe give them 10% or whatever the agreed percentage is of your monthly earnings for a specified period of time?
I can see how this would be tough to do with an aged site that
is already making money, as it would be hard to decipher how much
of the earnings the consultant is responsible for. But, in the case
of a newer website that is not generating any earnings yet it might
work.
The reason I am asking is because I thought it would be a good
way for newer sites that do not have a lot of money to spend off
the start, to be able to afford such services. And I suppose it
would be an added incentive for the consultant to try and get the
site to make as much money as possible, so they can get more money
themselves.
ClickyB
It might work...
I've built, optimized and promoted sites for people based on a cut price /
lifetime commission (but only for people I know, trust and want
to help out)!
The downside is that the SEO gets little or no income whilst doing the majority of his work (So - for a start - you'd need a binding legal agreement to prevent you from shutting him out at some point and "full disclosure" to allow him to be certain you aren't skimming/scamming)... The only way you could do that to my satisfaction would be to give me an equal share in the company that owns the site, otherwise you could sell off the completed site to a new company - owned entirely by you - and I'd get squat.
And - once the work is done he/she's at the mercy of Google / other SE's (who could devalue months of work in a single stroke and therefore make his/her efforts worthless.
So if you're lucky enough to attract a real SEO professional, you would probably have to pay more in the long run to make up for the short term risk.
The main problem - when starting out the site owner wants to save money - so an experienced SEO professional doesn't need to take the contract when he/she can take contracts which pay from day #1.
If you can only attract rookie/opportunist SEO's you would probably be better off doing it yourself and keeping all the earnings (or offering the same deal to a trusted friend who might have the brains/time/inclination to study the subject if there's money to be made).
fathom
Risk & rewards are one in the same...
All new sites can make money immediately with low cost PPC... it's low cost because you pay as you go at the level you can afford... and as your sales grow so does your available budget...
But any owner not willing to risk a dime, a dollar, 50 or 100 on any form of advertising - doesn't sound like a good investment for anyone putting up sweat equity when they're not the owner.
If you're not willing to risk "anything" on your own opportunity - surely you can see how that is a huge blackmark against working with you... you don't believe your own opportunity has any money making merit.
That said, if I was the SEO partnering with you and you proposed this to me... and I wanted to assume all risks for you...
I'd want:
1. ownership of the domain.
2. direct access to the bank account and all merchant services that is provided by your service providers [not just something you can edit me out at your convenience.
3. and whatever my agreed percentage is per unit sold I get first - the first bill paid - not the second or last.
Now you have what you wanted "zero cash risk"...
And I have what I want.. equal risk that we both can live with.
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