Tuesday, June 9, 2009

Microsoft Gets Search Market-Share Boost With Bing

June 9 (Bloomberg) -- Microsoft Corp.’s effort to gain ground on Google Inc. with its new Bing search engine got a boost today from data showing an increase in its share of U.S. search results, according to ComScore Inc.

Microsoft’s share rose to 11.1 percent in the June 2-6 period, Bing’s first week in operation, from 9.1 percent a week prior, ComScore said on its Web site. Average daily penetration among searchers, a measure of how many people are being reached by the product, rose to 15.5 percent from 13.8 percent.

Bing debuted on May 28 and Microsoft released it the following week, bolstered by an extensive television and Internet advertising campaign. Bing represents an overhaul of the Redmond, Washington-based company’s search product after more than five years of investment resulted in share losses to industry leader Google.

The data “showed a substantial improvement in Microsoft’s position in the search market in the days following Bing’s introduction,” Reston, Virginia-based ComScore said.

Adam Sohn, a director in Microsoft’s Online Services Business, declined to comment on the share data. Google, in an e-mail, reiterated its statement that it “welcomes competition that helps deliver useful information to users.” Kim Rubey, a spokeswoman for Yahoo! Inc., operator of the No. 2 U.S. search engine, wasn’t immediately available to comment.

Microsoft, the world’s largest software maker, rose 3 cents to $22.08 at 4 p.m. New York time on the Nasdaq Stock Market. The shares have gained 14 percent this year. Google fell $3.15 to $435.62, and Yahoo rose 21 cents to $16.40.

Not Just Lookie Loos

Even though Bing has only been out for a week, it’s already performing better than past Microsoft efforts to improve and market its search engine, said Greg Sterling, principal at consulting and research firm Sterling Market Intelligence in San Francisco.

“People are trying it out and some number of people seem to be more than just lookie loos,” said Sterling, who is also a contributor to the Search Engine Land Web site. “In the case of a launch like this, you often get a spike on the first day and then it goes away, but there does seem to be some usage ongoing here.”

ComScore’s most recent monthly data shows Google with an 8- to-1 lead over Microsoft in U.S. search share. Microsoft focused on attracting users to Bing by enhancing how results are categorized and by exploiting specific niches like travel and shopping. It’s being marketed as a “decision engine,” that helps customers find the right information more quickly.

Keeping Trial Users

“The ultimate performance of Bing depends on the extent to which it generates more trial through its extensive launch campaign and whether it retains those trial users,” Mike Hurt, ComScore’s senior vice president, said in a statement. “It appears it is off to a good start.”

Microsoft’s search engine won’t catch Google any time soon, Sterling said.

Still, “Bing could catch on with a sizeable minority of users,” he said. “Yahoo is the engine that is vulnerable here. They seem to be coasting a little bit.” from bloomberg.com

No comments:

Post a Comment