谷歌最近宣布提供价值3.4亿美元的免费广告额度,以帮助中小企业抗击新冠疫情。这一举措也将在疫情结束后,给谷歌带来回报。
谷歌的这一决定可谓一箭双雕:一方面,为疫情爆发以来财务状况受到严重冲击的企业提供了适度救济。同时将帮助谷歌最重要的客户群体之一存活下去,未来他们可以继续购买谷歌的广告。
市场研究公司Pivotal Research的分析师迈克尔·莱文估计,中小企业占谷歌广告收入的一半左右。这相当于谷歌去年1130亿美元广告收入中,超过550亿美元来自中小企业。
莱文说:“如果说有什么事能让我夜不能寐,那就是SMB在谷歌广告业务中所占的份量。如果SMB破产,谷歌就会出现结构性问题。”莱文使用简称SMB指代中小企业。
谷歌投入超过8亿美元,在疫情期间为企业、医疗机构、政府和医护人员提供帮助,3.4亿美元免费广告额度只是其中一部分。谷歌将向世界卫生组织和政府机构提供2.5亿美元广告赠款,以帮助他们分享与病毒有关的重要信息。谷歌还将向致力于抗击病毒的学术机构提供价值2000万美元的谷歌云额度,以方便他们处理数据,并向支持疾病预防与控制中心的非营利机构CDC基金会提供财务支持,用于购买防护设备和医疗器械。
谷歌提供的免费广告额度,正值中小企业生死攸关的重要时期。各地执行“居家隔离”的政策导致许多中小企业关闭,或者因为没有业务已经倒闭。美国联邦政府正在尝试设立小企业贷款计划,用于配合特朗普刚刚签署的2万亿美元刺激法案。但谷歌等公司提供的援助,在有限的情况下,可以帮助中小企业获得额外的支持。
凡是自2019年1月1日以来积极使用谷歌广告服务的企业,都可以获得免费广告额度。该广告额度向全世界企业提供,预计将在“未来几个月”自动添加到客户账户当中。广告额度的有效期至2020年12月31日。谷歌没有说明企业可以收到多少额度,或者有多少企业符合领取额度的资格。
在疫情期间,除了谷歌以外,还有许多公司正在努力帮助脆弱的中小企业。
两周前,Facebook公布了类似的援助措施。该社交网络为30多个国家的3万家小企业提供了总计1亿美元的广告额度和现金。这些援助措施不要求企业先前与Facebook有任何关系,比如不考虑企业此前是否是Facebook的广告客户等。Facebook计划在未来几周内公布与此次援助有关的更多细节。
雪莉·桑德伯格在宣布该项援助的一篇Facebook文章中写道:“我们很清楚,财务支持能够帮助中小企业维持下去,继续为无法去上班的人们发放工资。”
莱文表示,这些广告额度对于行业巨头们的影响不值一提。去年,谷歌的利润高达344亿美元,Facebook的利润为73亿美元。两家公司持有的现金和现金等价物分别超过150亿美元。
莱文说:“这两家公司拥有巨额的现金储备。即便情况不理想,他们也不会赔钱。”
无论如何,这两家公司提供免费额度会损失多少资金,对于这个数额难有定论。他们要付出的唯一成本是,他们提供的免费广告取代了付费广告商投放的广告,由此所产生的损失。
但除此之外,莱文认为,对于谷歌和Facebook这些实力雄厚的大公司来说,在疫情期间为中小企业提供帮助,是明智的做法。
他说:“我一直主张收入是次要的,重要的是与客户的长期关系。这才是明智的选择,而且能展现出你的善意。”(财富中文网)
翻译:刘进龙
审校:汪皓
谷歌最近宣布提供价值3.4亿美元的免费广告额度,以帮助中小企业抗击新冠疫情。这一举措也将在疫情结束后,给谷歌带来回报。
谷歌的这一决定可谓一箭双雕:一方面,为疫情爆发以来财务状况受到严重冲击的企业提供了适度救济。同时将帮助谷歌最重要的客户群体之一存活下去,未来他们可以继续购买谷歌的广告。
市场研究公司Pivotal Research的分析师迈克尔·莱文估计,中小企业占谷歌广告收入的一半左右。这相当于谷歌去年1130亿美元广告收入中,超过550亿美元来自中小企业。
莱文说:“如果说有什么事能让我夜不能寐,那就是SMB在谷歌广告业务中所占的份量。如果SMB破产,谷歌就会出现结构性问题。”莱文使用简称SMB指代中小企业。
谷歌投入超过8亿美元,在疫情期间为企业、医疗机构、政府和医护人员提供帮助,3.4亿美元免费广告额度只是其中一部分。谷歌将向世界卫生组织和政府机构提供2.5亿美元广告赠款,以帮助他们分享与病毒有关的重要信息。谷歌还将向致力于抗击病毒的学术机构提供价值2000万美元的谷歌云额度,以方便他们处理数据,并向支持疾病预防与控制中心的非营利机构CDC基金会提供财务支持,用于购买防护设备和医疗器械。
谷歌提供的免费广告额度,正值中小企业生死攸关的重要时期。各地执行“居家隔离”的政策导致许多中小企业关闭,或者因为没有业务已经倒闭。美国联邦政府正在尝试设立小企业贷款计划,用于配合特朗普刚刚签署的2万亿美元刺激法案。但谷歌等公司提供的援助,在有限的情况下,可以帮助中小企业获得额外的支持。
凡是自2019年1月1日以来积极使用谷歌广告服务的企业,都可以获得免费广告额度。该广告额度向全世界企业提供,预计将在“未来几个月”自动添加到客户账户当中。广告额度的有效期至2020年12月31日。谷歌没有说明企业可以收到多少额度,或者有多少企业符合领取额度的资格。
在疫情期间,除了谷歌以外,还有许多公司正在努力帮助脆弱的中小企业。
两周前,Facebook公布了类似的援助措施。该社交网络为30多个国家的3万家小企业提供了总计1亿美元的广告额度和现金。这些援助措施不要求企业先前与Facebook有任何关系,比如不考虑企业此前是否是Facebook的广告客户等。Facebook计划在未来几周内公布与此次援助有关的更多细节。
雪莉·桑德伯格在宣布该项援助的一篇Facebook文章中写道:“我们很清楚,财务支持能够帮助中小企业维持下去,继续为无法去上班的人们发放工资。”
莱文表示,这些广告额度对于行业巨头们的影响不值一提。去年,谷歌的利润高达344亿美元,Facebook的利润为73亿美元。两家公司持有的现金和现金等价物分别超过150亿美元。
莱文说:“这两家公司拥有巨额的现金储备。即便情况不理想,他们也不会赔钱。”
无论如何,这两家公司提供免费额度会损失多少资金,对于这个数额难有定论。他们要付出的唯一成本是,他们提供的免费广告取代了付费广告商投放的广告,由此所产生的损失。
但除此之外,莱文认为,对于谷歌和Facebook这些实力雄厚的大公司来说,在疫情期间为中小企业提供帮助,是明智的做法。
他说:“我一直主张收入是次要的,重要的是与客户的长期关系。这才是明智的选择,而且能展现出你的善意。”(财富中文网)
翻译:刘进龙
审校:汪皓
Google’s recent announcement of $340 million in ad credits to help small- and medium-size businesses amid the coronavirus pandemic could also help Google itself long after the health crisis has ended.
The move accomplishes two things: It provides modest relief to businesses that have taken big financial hits since the outbreak. And it also helps one of Google’s most important groups of customers survive so they can buy ads from Google down the road.
Small- and medium-size businesses account for about half of Google’s ad revenues, Michael Levine, an analyst at Pivotal Research, estimates. That would translate into more than $55 billion of Google’s $113 billion in ad revenue last year.
“If there’s anything keeping me up at night, it’s the amount of exposure Google has to SMBs,” he says, using shorthand for small and medium-size businesses. “If SMBs go bankrupt, that’s going to be a structural problem.”
The ad credits are a part of Google’s more than $800 million initiative to help businesses, health organizations, governments, and health workers during the pandemic. Google is offering $250 million in ad grants to the World Health Organization and government agencies to help them share important information about the virus. The company is also providing $20 million in Google Cloud credits to academic institutions working on combating the virus so they can crunch data, and financial support for safety gear and medical devices for the CDC Foundation, a nonprofit that supports the Centers for Disease Control and Prevention.
The ad credits come at a vital time for small- and medium-size businesses, many of which are shut down by local “shelter in place” orders or have already folded because of lost business. The federal government is trying to set up a small-business loan program to pair with the $2 trillion stimulus bill President Donald Trump approved last week. But aid from companies like Google could, in a limited number of circumstances, help bolster the assistance to small- and medium-size businesses.
To be eligible for the ad credits, businesses must have been actively using Google’s ad services since Jan. 1, 2019. The credit, available to businesses worldwide, is expected to be automatically applied to customers’ accounts in the “coming months.” Credits will expire on Dec. 31, 2020. Google did not provide information on how many credits each business can expect to receive or how many businesses are eligible for the credits.
Google isn’t the only company trying to aid vulnerable businesses during the outbreak.
Two weeks ago, Facebook announced similar aid to small- and medium-size businesses. The social network is setting aside $100 million for both ad credits and cash for 30,000 small businesses in more than 30 countries. Businesses aren’t required to have a previous affiliation with Facebook, such as being an ad customer, to be eligible for the funds. Facebook plans to announce more details about the aid in the coming weeks.
“We’ve heard loud and clear that financial support could enable them to keep the lights on and pay people who can’t come to work,” Sheryl Sandberg wrote in a Facebook post in announcing the new funds.
The ad credits won’t have any noticeable impact on the massive businesses offering them, Levine says. Last year, Google had $34.4 billion in profits, while Facebook had $7.3 billion. And each had more than $15 billion in cash and cash equivalents.
“They’ve got a massive cash position,” he notes. “Even if things were going poorly, they’re not going to lose money.”
In any case, the amount of money that companies stand to lose by giving away ad credits is debatable. There’s only an expense if the ads they give away displace ones that other advertisers would have paid for with real money.
But beyond the money, Levine says offering small- and medium-size businesses help during the global pandemic is just the right thing to do for massive companies like Google and Facebook.
“My overall mantra is to think of revenues as being secondary to thinking through long-term relationships with clients,” he says. “It’s smart and shows goodwill.”