Crafting a Compelling Business Case for International SEO Investment in 2024

Crafting a Compelling Business Case for International SEO Investment in 2024

While SEO is often perceived as a source of “free traffic,” the reality is that it demands time, dedication, and a well-defined budget for effective utilization and growth, especially in the realm of international markets. To navigate the nuances of international SEO, where language localization plays a pivotal role, it’s crucial to evaluate the potential within your target regions before embarking on a mass website translation that may not significantly impact SEO performance.

Here are steps to construct a robust business case that secures the necessary budgetary resources for a successful long-term international SEO strategy.

Why Invest in International SEO:

Before delving into the how, it’s essential to understand the why behind investing in international SEO. Several factors make this investment worthwhile:

Market Variety and Economic Volatility: With global uncertainties like the COVID-19 pandemic and economic recessions, diversifying across multiple markets through international SEO provides resilience. While one market may face challenges, another could thrive.

Scaling Opportunities in New Markets: Saturated markets, especially in regions like the US and UK, may pose challenges for sustainable growth. Expanding internationally opens new avenues with less competition, allowing for scalable opportunities.

Demand for Personalization: Customers today seek personalized experiences. Speaking the target language and understanding local needs through international SEO becomes a valuable tactic to generate sales, leads, and conversions.

Building a Business Case:

1. Gather Comprehensive Data:

Assess your current SEO state using tools like Moz Pro, focusing on key performance indicators (KPIs) such as keyword rankings and organic traffic.

Conduct localized keyword research and competitor analysis using tools like MozBar to identify competitors in new markets.

2. Align Data with Business Goals:

Showcase how international SEO can drive organic traffic growth based on identified keyword opportunities.

Highlight the role of SEO in enhancing brand visibility in international markets, fostering trust and authority.

3. Develop a Strategic Plan with an ROI Forecast:

Outline resource requirements, including costs for a dedicated SEO developer, to ensure successful implementation.

Create a phased timeline for SEO initiatives, emphasizing 6-month milestones to allow time for results.

Forecast ROI by considering costs, timelines, forecasted conversions, and KPI milestones.

Examples of ROI Forecast:

Example 1: E-commerce

Expansion into Germany, targeting 6,000 additional organic monthly traffic.

Estimated conversion rate of 2%, with an average order value of €1,290.

Operational costs of €18,000 per month, resulting in €154,800 gross revenue from monthly sales and an ROI of 760%.

Example 2: Complex B2B & Services

Expansion into France, aiming for a 30% increase in organic monthly traffic.

Conversion rate of 2%, leading to 13 new deals per month with an Average Contract Value of $65,000.

Projected gross revenue of $845,000 per month.

In conclusion, international SEO is a strategic investment that requires meticulous planning and a persuasive business case. By leveraging data to prove its value, businesses can position international SEO as a key driver for long-term growth and success.