TL;DR: AI Overviews now answer many early, general searches on the results page, so fewer people click through to anyone; SparkToro found that only 360 of every 1,000 US searches reach the open web, and Ahrefs measured organic click-through rate on the top-ranking page about 58 percent lower when an AI Overview is present. For B2B advertisers, the clicks that disappear first are the casual, top-of-funnel ones that rarely convert, so falling volume with steady or improving cost per lead is usually a healthy account, not a failing one. The mistake is widening targeting to buy the lost volume back. The fix is to group the account by real buyer intent, feed automation your real outcomes through CRM data and weighted conversions rather than form fills, and keep it on a short leash. Same budget, different structure, beats a bigger budget.
If your Google Ads click volume dropped over the past year while your cost per lead held steady or improved, the account is probably working; the search page underneath it has changed. We see this pattern across our B2B clients now, and the first instinct is almost always wrong. Owners read the declining clicks as a failing campaign and ask us to widen targeting to win back volume. That is usually the move that does the damage.
Here is what actually shifted. Google’s AI Overviews answer a growing share of early, general queries on the results page itself, so fewer people click through to anyone. SparkToro and Rand Fishkin measured this in 2024: only 360 of every 1,000 US Google searches clicked through to the open web; the rest ended on Google or nowhere. Ahrefs put a number on the trend in early 2026, finding that the organic click-through rate on the top-ranking page is roughly 58 percent lower when an AI Overview is present. The traffic that disappears first is the casual, top-of-funnel traffic that rarely converts in the first place.
For a B2B advertiser, that is not a loss worth chasing. The buyer who reads an AI summary and leaves was early, unqualified, or both. The buyer who still clicks your ad after reading that summary has a specific problem and is closer to a decision. You are paying for fewer clicks and a higher share of real intent. More traffic was never the goal; the right traffic is.
The moment we almost lost a healthy account
We watched this play out with a physicians’ practice we manage. Over one quarter, search impressions held steady, but clicks fell by roughly a fifth, and the dashboard showed a slow decline. The practice owner wanted us to broaden match types and add budget to pull volume back toward the old numbers.
We did not do that, and for about three weeks, we were not certain we were right. What we could see was that cost per lead was near the $40 mark, in line with the 2026 WordStream benchmark for Physicians and Surgeons, where cost per lead had fallen about 30 percent year over year, and that booked consultations had not dropped alongside clicks. The clicks we lost were the ones that had been filling the top of the funnel without ever booking. Loosening targeting would have brought those clicks back and the cost per lead with them. We held the structure, kept the tight intent signals, and let the volume stay lower. By the end of the quarter, the consultation count was steady on a smaller, cleaner click base, and cost per lead had improved rather than slipped. The uncertain part was real; we made that call before the data fully confirmed it.
Why the structure mattered more than the bid
The reason we could hold the line is that the account was built to be read by the auction, not just by a person. As AI Overviews and the broader AI search layer take over the general-answer step, the queries that reach a paid B2B advertiser get longer and more specific. A buyer no longer types “accounting software.” They describe their situation in a full sentence and expect the results to match it.
Keyword lists written for short fragments cannot anticipate those phrases. What works is organizing the account around themes of intent: the integrations, regulatory requirements, and performance constraints that define a real buyer’s problem, rather than a flat list of head terms. When the account is grouped that way, the matching has something specific to attach to, and the lower-volume, higher-intent queries find the right campaign instead of the broadest one.
This is also where automation earns or loses its keep. Automation doesn’t fail; advertisers fail automation. Smart bidding needs a steady signal of what a good outcome looks like, and in a low-volume B2B account, it will not get that from front-end form fills alone. A form fill is not a lead; it’s an inquiry. If the algorithm optimizes toward inquiries, it will chase cheap clicks to manufacture them. The fix is to feed it the outcomes that matter through offline conversion imports, so the system learns from sales-qualified leads and closed revenue rather than from raw form volume, and to weight those conversion values so a discovery call never counts the same as a newsletter signup.
What this means for your account
If your B2B click volume is down and your cost per lead is flat or better, resist the reflex to buy back the volume. Read the leading indicators instead: are qualified inquiries and booked calls holding on the smaller click base? If they are, the account is adjusted to the new search page as it should be. The accounts that are struggling now are the ones still optimizing for traffic, feeding the algorithm a thin signal, and then widening targeting to compensate when the numbers dip.
The work that pays off is unglamorous. Group accounts by real buyer intent, connect your CRM so the platform optimizes for revenue, weight your conversions, and keep automation on a short leash rather than letting it drift toward whatever is cheapest. Same budget, different structure, is almost always a better answer than more budget.
If your clicks are down and you are not sure whether the account adjusted to the new search page or quietly started spending on the wrong traffic, the signals worth checking are the same ones we run on every account. We put them in order in a short checklist, from the leading indicators to look at first to the structural fixes that come after.


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