Advertising on Bing Ads: Is It Worth Your Efforts?
When talking about search volume, Google has the majority of the vote.
Within Australia roughly 94% of 2016’s online searches were done using the search engine giant. Microsoft’s Bing Ads follows with just over 4%.
For search advertisers Bing Ads might give you that extra volume to boost your conversions. However, using another advertising platform also doubles the time and effort of setting up and managing your campaigns.
Therefore, is it worth going the extra mile to get started with Bing Ads?
Bing Ads, how it works
For who is familiar with Google Ads, Bing Ads works pretty much the same.
You can set up an account for free and gain access to their platform instantly. Once you’re logged in to the interface you’ll notice that the account structure is similar as well.
The main thing to remember is that Bing Ads uses its own conversion tracking. There’s no way to import goals or data straight from Google Analytics.
So before launching any campaigns, you will need to add the Bing UET tag to your site.
Comparing Bing Ads with Google Ads
Bing won’t be able to give you the same volume as Google Ads.
However, in the past, I have been running successful ads on Bing for several advertisers. Due to the low market share, it’s obvious that the amount of times your ads are being served is a lot lower on Bing.
As there are fewer advertisers using Bing Ads the average cost per click tends to be lower than Google Ads.
Here’s per country a benchmark of what you can expect from Bing Ads compared to Google Ads:
Australia: -92% fewer impressions than AdWords. Average CPC is 41% lower.
United Kingdom: -87% fewer impressions. -27% lower average CPC.
United States: -43% fewer impressions. -16% lower average CPC.
Is it worth it to use Bing Ads?
This really depends on the type of advertiser that you are.
For large advertisers that are targeting worldwide, this is a no-brainer. Yes, you should be advertising on Bing.
Especially in the United States Bing has a decent market share and can offer you more search volume. Combined with the lower average cost per click you’re likely to get conversions for a lower cost as when using Google AdWords.
For regional advertisers within Australia, I would hold off on this, depending on the knowledge you have in-house. Unless you reached your limits with Google AdWords already, there’s no point in managing another search advertising platform.
Because of the low market share of Bing Ads in Australia, the number of clicks and conversions you’d be able to get remains low.
Need help improving your campaigns? As a boutique Bing & Google Ads agency we can def help you out, get in touch today.