How do you find something on the Internet? You Google it.
The fact that Google’s brand name has become interchangeable with the
word “search” in the context of the Web is a big problem for Microsoft
Corp. It launched Bing in 2009, with hopes the name would elicit
association with finding the right answer (like buzzing in on a game
show). Today Google search still dominates the Canadian market, with 67
per cent market share according to comScore Inc. Bing has improved
Microsoft’s market share since replacing its Live Search brand, but
still doesn’t claim even half of what Google delivers.
So when deciding where to advertise online, it seems like Google is
the obvious choice for marketers. It has a larger audience, so it can
deliver more clicks to a given keyword campaign, right? Well not in
every situation, it turns out. Plus, there are certain circumstances
where Bing Ads can cost less than Google’s AdWords and still get you the
same results.
Microsoft has been working to improve the Bing advertising
experience. Microsoft says it seen a 25 percent increase in click volume
to Bing Ads globally in the past year. It’s also been investing in
advertising the platform on TV and online, challenging users to compare
it to Google’s results in a blind test.
But is it really worth spending your search engine marketing dollars?
We asked Scott Wilson, CEO of RankHigher.ca if there were any
advantages. RankHigher.ca
has certified 14 of its staff to be Bing Ads Accredited, more than any
other Bing partner. It’s no secret that he likes Bing, and he gives some
examples of where advertisers can get more bang for their buck using
Bing Ads instead of Google AdWords.
You’ll pay less for the same keywords
First of all, if you already have a Google AdWords campaign running
then you can migrate it to Bing with a simple import tool that’s
offered. In the past, the process to set up a campaign was overly
complicated, but Wilson says those days are gone.
“The labour cost to get a Bing campaign up and going is less than one hour,” he says.
Because there are also fewer businesses advertising on Bing right
now, you may get a lower price point on the keywords you’re targeting.
Just like on AdWords, Bing Ads awards the display of an advertisement
based on which advertiser is willing to pay the most for the keywords at
the specific time a user conducts a search. Advertisers are competing
to buy keywords by bidding against each other.
“If less people show up at an auction, then things get sold off at a
lower price,” Wilson says. “The cost per click is significantly less.”
The other upside of fewer advertisers is there will be less
competitors showing up alongside your ad on the results page. That means
a higher chance of seeing a click-through by a searcher.
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