Our paid search team introduced Bing as a new avenue for paid search in January 2024, to start the new year.
Our team noticed that Bing Ads offered success for other clients in different verticals. We hoped that success would transfer to Fundraising Brick with the right strategy and implementation. Specifically, we saw Bing Ads as an avenue for success because one struggle for Fundraising Brick was the higher cost per lead on Google Ads… which would be less of an issue on Bing Ads, making Bing the best place to test our paid search strategy.
Bing Ads are not as mainstream as Google Ads because the vast majority of searchers use Google, not Bing. In fact, Bing only holds just over 7% of search engine market share in the United States, Google holds a whopping 87%. Most advertisers see this discrepancy and drop Bing Ads as a viable route for leads.
We saw past this discrepancy to see opportunity. And it’s because we understood our target audience. Our target audience leans older, has more disposable income, and uses Microsoft applications. These 3 characteristics overlap with Bing’s typical users, who are often older, wealthier, and prefer Microsoft compared to Google users. Even better, because there are less advertisers on Bing Ads, we had less competition and lower costs per lead.
The best part of this strategy? We didn’t need to ask the client for more money for a Bing campaign. We just reallocated $500 from our $2500 Google budget to Bing, and saw quick growth in leads from the get-go. Not only could we generate more leads from our budget, but we could also generate them at a lower cost per click (CPC).
Once we began to see growth (139% increase in engagements, to be precise), we decided to move more of the budget from Google to Bing. The leads just kept growing.