Bing Ads announced Tuesday that it is developing the ability to share a budget across multiple campaigns.

As in AdWords, advertisers will be able to apply a single budget to some or all campaigns in an account. Shared Budgets can be helpful for optimizing spend by automatically redistributing unused daily budget from low-spending campaigns to ones that have the ability to gain more clicks with more budget. For advertisers with fixed budgets, Shared Budgets can help keep one campaign from having money left to spend while another hits its budget cap before the day ends.

From the blog post:

“Say you have a budget of $20 to be used uniformly between two campaigns every day. On a given day, Campaign A spends only $8 (of its $10 budget) because it got fewer impressions and clicks than usual. Using Shared Budget, if Campaign B is performing well Bing Ads will automatically allocate that unutilized $2 to Campaign B. This will increase the chances of that unutilized budget being used to send you more traffic”.

Shared Budgets will be included in the Shared Library and is being developed for the web UI, API, Editor and mobile apps on iOS and Android.

To participate in the pilot test for Shared Budgets, either contact your account rep or email bingads-pilots@microsoft.com.

Source: Searchengineland

Peter Zmijewski is the founder and CEO at KeywordSpy. His expert knowledge on Internet Marketing practices and techniques has earned him the title “Internet Marketing Guru“ He is also an innovator, investor and entrepreneur widely recognized by the top players in the industry.