Estimation question
What is the revenue of Bing?
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What this question tests
Fermi estimation using search volume and ad monetization rates.
How to approach it
- Estimate Bing's search query volume as a fraction of Google's, using a rough market-share assumption, e.g. 5 to 10%.
- Estimate revenue per search benchmarked loosely against Google's known ad monetization rate.
- Multiply queries per day by revenue-per-search by days in a year to estimate annual revenue.
- Sanity-check against the general knowledge that the parent company reports a search advertising segment.
- State the final number as a range, not a single figure.
- Flag which assumption drives the most uncertainty.
What a strong answer includes
- Anchors on market share relative to the category leader rather than guessing query volume directly.
- Uses a defensible revenue-per-search benchmark instead of an arbitrary number.
- Cross-checks the result against general knowledge of a reported search advertising segment.
- Presents a range, acknowledging both market share and revenue-per-search are rough assumptions.
Common mistakes
- Guessing an absolute dollar figure with no visible market-share or revenue-per-search reasoning.
- Ignoring that the competitor's ad monetization rate may differ from the leader's.
Likely follow-up questions
- How would Bing's revenue per search likely compare to Google's, and why?
- What's the biggest driver of uncertainty in this estimate?
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Learn the skill behind it
Chapters of the AI PM course that teach what this question tests.
- Chapter 2: Data fluency: SQL, logs, and reading the truth yourself
- Chapter 9: Prove it paid off: outcomes, economics, and pricing
- Chapter 14: Get the job: the AI PM interview loop