Bing Drives Microsoft's Paid Clicks Up 8% In First Week
June 11 2009 - 7:32PM
Dow Jones News
The number of times people clicked on ads listed next to
Microsoft Corp. (MSFT) search results jumped about 8% in the week
since the software giant released its newly revamped search engine,
dubbed Bing, the world's largest search engine marketing firm said
Thursday.
"If this share lift holds we can expect advertisers to allocate
additional budget to Microsoft over the coming months," said
Efficient Frontier Inc., which helps advertisers place text ads on
top search engines.
Efficient Frontier, in a blog post on its Web site, also said
the number of searches conducted on Microsoft was up about 20% from
the week prior to Bing's launch, either due to new users trying
Bing or existing Microsoft search users increasing their volume of
queries. Efficient Frontier didn't provide market share data.
Efficient Frontier's blog post provided the latest sign that
Microsoft's new search engine has captured the attention of
Internet users and advertisers - at least temporarily.
Market research group comScore Inc. (SCOR) said earlier this
week that Bing was off to a good start, helping boost the software
giant's U.S. search market share to 11.1% from 9.1%. Bing's gains
came primarily at the expense of Google Inc. (GOOG) and Yahoo Inc.
(YHOO).
Bing is a key element in Microsoft's effort to drive new revenue
growth by winning a greater share of the Internet advertising
market. The Redmond, Wash.-based software group has long been stuck
with less than 10% of the U.S. Internet search market, while Google
has about a 64% share and an even greater slice of the paid search
market.
Efficient Frontier said it wasn't clear whether Microsoft's gain
in paid clicks came at the expense of one or more of its rivals, or
whether users simply clicked on a greater number of ads while they
tried out Bing. The search engine marketing firm also said it
wasn't clear whether the increase in Microsoft's paid clicks was
sustainable.
Efficient Frontier said Bing's new "decision engine" features,
such as query-specific drill-down categories available on the top
left of the results page, may be allowing consumers to more easily
find more relevant results.
-By Scott Morrison, Dow Jones Newswires; 415-765-6118;
scott.morrison@dowjones.com