Auto dealerships achieve lower cost per conversion
Transcription
Auto dealerships achieve lower cost per conversion
Case Study Auto dealerships achieve lower cost per conversion and higher conversion rates with Bing Ads Haystak Digital Marketing specializes in the fiercely competitive auto industry. With its deep industry knowledge and search marketing expertise, the company helps auto dealerships find local customers who are ready to buy — and many of those customers are on the Yahoo! Bing Network. “Auto dealerships aren’t typical of most SMBs,” says Duncan Scarry, CEO of Haystak, a digital marketing company with offices in Florida and Colorado. “They usually have much higher sales, and they’re ultra-competitive.” Auto dealerships compete for customers on Google, but many aren’t tapping into the Yahoo! Bing Network. Haystak sees that as a great opportunity. “There’s 30% of the search volume that many auto dealerships aren’t competing over,” Scarry says. “Instead of spending more and more on Google, it makes a lot of sense to advertise in a less competitive space. It’s a huge win for dealerships that do take advantage of the Yahoo! Bing Network.” With one ad buy through Bing Ads, advertisers can reach 159 million unique searchers on the Yahoo! Bing Network1 who represent 6.3 billion monthly searches — a 29% search share.2 Of that audience, 51 million unique searchers don’t use Google.2 And specifically within the automotive vertical, advertisers can connect to 11 million searchers that are not reached on Google.3 Partner: Haystak Digital Marketing Website: www.haystak.com Industry: Digital marketing Bing Authorized Partner since: 2012 1. The Yahoo! Bing Network includes Microsoft and Yahoo! Core Search sites in the U.S. 2. comScore Core Search (custom), March 2013. 3. comScore qSearch (custom), March 2013. Bing search advertising Case Study | Haystak Digital Marketing | Updated July 29, 2013 Bing Ads targeting and support To capitalize on the local nature of auto sales, Haystak uses Radius Targeting in Bing Ads. With the feature, advertisers can target customers within 5 to 100 miles of their business. “Auto dealerships sell 75% of their cars within 15 to 20 miles of their dealership,” Scarry says. “Radius Targeting has been very successful for all of our dealerships because it helps them focus on the areas where they’re selling cars, instead of advertising in a wider area where people viewing it could be hours away.” As a Bing Authorized Reseller, Haystak improves its services by taking advantage of reseller resources such as training, support, and marketing tools. “With the reseller support that we get from the Bing Ads team, we’re able to recognize the opportunity for dealerships, educate the dealerships, and implement those ideas much faster than if we had to do it all on our own,” Scarry says. “Bing Ads has outperformed Google AdWords in the campaigns we‘re running for the Gettel Automotive Group, and now we’re investing 33% of the group’s digital budget in the Yahoo! Bing Network. The cost per conversion is 42% lower with Bing Ads than with Google AdWords, and the conversion rate is 46% higher. That’s the performance we’re seeing dealership after dealership.” — Duncan Scarry, CEO, Haystak Digital Marketing Lower cost per conversion and higher conversion rates “Haystak clients typically see a lower cost per conversion and a higher conversion rate with Bing Ads than with Google AdWords,” Scarry says. For example, the Gettel Automotive Group, which owns a dozen dealerships across the state of Florida and is an Automotive News Top 125 dealership, hired Haystak to manage all digital marketing for all of its dealerships. Haystak achieved good results for the automotive group on Google — and even better performance on the Yahoo! Bing Network. “Bing Ads has outperformed Google AdWords in the campaigns we‘re running for the Gettel Automotive Group, and now we’re investing 33% of the group’s digital budget in the Yahoo! Bing Network,” Scarry says. “The cost per conversion is 42% lower with Bing Ads than with Google AdWords, and the conversion rate is 46% higher. That’s the performance we’re seeing dealership after dealership.” Haystak is expanding its use of Bing Ads because its clients have been so successful. “With Bing Ads, we’re able to provide our clients with better opportunities to connect with their customers,” Scarry says. “Having that tool in our toolset to implement campaigns effectively is valuable to us. We’re able to go outside a single search engine and get great performance.” About Bing When it comes to finding more customers online, businesses can connect with a vast, high-quality audience using Bing search advertising. With one ad buy through Bing Ads, advertisers are able to reach millions of unique searchers on the Yahoo! Bing Network1 worldwide — searchers who spend more than the average Internet searcher.2 Bing Ads is a great way for small businesses to reach their best customers when they are searching and in decision-making mode, and it provides advertisers with complete control over their budget. For more information, visit http://advertise.bingads.microsoft.com/en-us/home. 1.The Yahoo! Bing Network includes Microsoft and Yahoo! sites worldwide. 2. comScore qSearch (custom), March 2013. This document is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY.