How much of your monthyl income do you put aside for marketing and seo work?

by nmb
12 replies
I have had a few websites for many years now and as I am a content writer I have tended not to invest any money on a regular basis. In hindsight I wish I had put aside some funds for marketing and seo work each and every month.

Looking back I think reinvesting around 20% of my net income a month would have made a massive difference. Do you look back and wish you have done this or are you doing it now?

What kind of figure should you reinvest into your online businesses?
#income #marketing #monthyl #put #seo #work
  • Profile picture of the author imfusa
    I usually invest something above 30%, that is in my online store and some few other websites.
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  • Profile picture of the author DustonMcGroarty
    I would dedicate 100% of my income if I knew it would give me a positive ROI. You can't set aside a percentage. You're limiting yourself on what you can make.

    Here's why I DON'T invest money into SEO... there's no way to track the ROI. If I invest money into my business I want to be able track results. Optins, sales, conversion rates, upsell conversions, etc.

    That being said, I invest any amount of money I can in which will return a positive ROI. These can be PPC, solo ads, media buys, WSO's, etc.
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  • Profile picture of the author karoubalou
    Very good question and I thank you for the answers given. I am interested in investing on seo services to because for the moment I do everything by my own. On the other hand I want to invest on good quality services....and as DustonMcGroarty mentions be sure to have a ROI.
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  • Profile picture of the author ACGroup1
    It really depends on where you are with your business. If your just starting, 100%. Once you start seeing success you can start drawing an income. This business is like any other business, if you don't feed it, it won't grow.
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  • Profile picture of the author nmb
    "if you don't feed it, it won't grow" this comment says it all - I have been guilty of not feeding my sites and they have been hit.

    The reason I suggested a percentage of net income is because in good months you invest more while it bad months you invest less. I think i will put aside 20% of my net income in the future - not sure what I will spend it on yet, any ideas?
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by nmb View Post

    Looking back I think reinvesting around 20% of my net income a month would have made a massive difference. Do you look back and wish you have done this or are you doing it now?
    No, the exact opposite, here.

    When I first started, I used to put aside about 10% of what I earned each month toward expenses (mostly to spend on outsourced SEO) and it took me a long time to learn to appreciate that it was a complete waste of time and money. I stopped doing that a long time ago. I look back now and wish I'd never done it at all.

    Originally Posted by nmb View Post

    What kind of figure should you reinvest into your online businesses?
    I think the answer to this is necessarily going to vary hugely, according to people's business models?

    For example, there are AdWords experts spending $2,000 per day on ad campaigns that bring them in $2,500 per day (over $15,000 per month profit on a turnover of $60,000, which is hugely successful, of course). And there are people like me (and many more of us!), whose only real expenses are hosting, domain names and an autoresponder, which add up to almost nothing.

    What kind of figure (even what kind of proportion of profits, which is perhaps a more helpful parameter?) clearly depends what kind of business it is, no?

    I certainly won't be spending any more money on off-page SEO, anyway.

    Not only is search engine traffic the poorest quality and the hardest to convert, in every single niche of my business, but a business that depends on Google for its traffic (as so many Warriors have found out over the last year or so, some of them to their very great cost) is only ever going to be one algorithm-change away from a potential accident or even a potential disaster. This is decidedly not "the way forward".
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    • Profile picture of the author WinstonTian
      Originally Posted by Alexa Smith View Post

      For example, there are AdWords experts spending $2,000 per day on ad campaigns that bring them in $2,500 per day (over $15,000 per month profit on a turnover of $60,000, which is hugely successful, of course). And there are people like me (and many more of us!), whose only real expenses are hosting, domain names and an autoresponder, which add up to almost nothing.
      Alexa's right, it depends on the model.

      I personally am a huge fan of Adwords/Bing/PPC
      and media buys. I still do a little article syndication,
      SEO and other kinds of traffic, and they all do work.

      Now I do spend around $3k per day... And work like
      a crazy horse on other projects. Seems like Alexa's
      having a comparatively fun time.



      To the OP:

      I'd say to start small. The success curve is really
      exponential. The starting's always the point where
      everyone finds it difficult.

      Then you have a tiny breakthrough, and more
      confidence. You then start to invest more...

      And then profit more...

      And the cycle continues until income seems to
      just rise up continuously in a chain of opportunities.

      SEO works, but I'm not a big fan of it, because it
      hardly converts, and a huge number of SEO fans
      treat their visitors like robots instead of customers.

      Winston Tian
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      Cheers,
      Winston
      The Beginner's Doctor

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  • Profile picture of the author nmb
    Alexa

    What would you recommend to grow an affiliate site?
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  • Profile picture of the author williamk
    Banned
    I put around 25-35% per month on SEO. It varies per month because my strategy for ranking is different. This does include a few hosting and a few other stuffs too.
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  • Profile picture of the author Dignified
    Putting aside 20% of your income is definitely the way to go. When I first started, I kept putting my profit back into my business. At first, this left me with little money, but then my profits started to grow exponentially and very quickly.

    It was well worth it, especially because I made back my investment plus profit.
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  • Profile picture of the author Social App Zone
    None .. I build platforms that automate SEO and Marketing
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  • Profile picture of the author kalseo
    I think this pretty much depends on which stage of the business you are. I am SEO and I do about 80% of online marketing by myself, so the budget is not too high.
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