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What is affordable SEO? What kind of budget are we talking about here? Does it mean that SEO process is not as effective as it would normally be? Assuming you have done your homework and know how important an effectively performed search engine optimization is you should ask yourself this question: How much can I afford to invest. Once you've established that figure in your mind, it's time to shop around. Every SEO firm out there will interpret the word "affordable" differently. Primarily, because of difference in operational scales (i.e.: are you dealing with a freelancer or a large corporation?), level of experience and of course, reputation.
Does the word "affordable" mean less than premium service and, at the end of the day, less effective? Truth is, an answer to this question will vary from firm to firm. Ideally, what you are looking for is a premium service at affordable cost.
Optimization process consists of two main stages. First, is optimizing the content and structure of the website otherwise known as the "on-site" optimization. Second is aimed at increasing your website's popularity by developing a healthy link network. This process known as the "off-site" optimization. The cost of your campaign will depend directly on your geographical targeting and how competitive your market is. For example, if your business operates worldwide you will need to be effective at reaching your customers not only locally but overseas in every country, in every language your prospective client speaks, and you will have to compete with both, local and global competitors, whereas a local business would need to concentrate on 1 local market. Having said that, some local markets are extremely competitive, for example real estate.
Perhaps you may not be able to afford an entire SEO process at this time. If so, do not get discouraged. Start the first stage and begin advertising on Google's Adwords or any other pay per click (PPC) network you deem most effectively able to reach your customers. This will get your name out and start driving the relevant traffic to your site. Once you are ready - launch the stage 2 to complete your search engine optimization process.