Google Commits $340m in Google Ads Credits to SMBs – Are you Eligible?
In late March, Google published an article stating that they are committing $800m to support SMBs and crisis response, $340m of which will be provided to SMBs in the form of Google Ads credits. Google provided further details regarding these funds on April 20th, and we wanted to pass along these updates and answer some commonly asked questions (see below):
- Am I eligible to receive Google Ads credits?
- Response: If you are a small or medium-sized business (Google has their own internal way of defining this, but it likely relates to non-enterprise businesses) and you advertised on Google Ads in at least ten months in 2019 and in January and/or February of this year, you are eligible to receive Google Ads ad credits.
- Do I need to apply to receive the credits?
- Response: No, Google will be applying credits to your account automatically as long as you meet the eligibility requirements above and adhere to their ad policies.
- When will I receive the Google Ads credits?
- Response: Google will begin applying Google Ads credits directly to advertisers’ accounts starting in late May. The credits will be rolled out in phases over several months.
- How can I use the Google Ads credits?
- Response: The credits can be used towards future Google Ads advertising costs and must be used by December 31, 2020. These credits apply to all Google campaign types, including Search, Display and YouTube campaigns.
- How much will I receive in ad credits?
- Response: The ad credits will be proportional to the average monthly ad spend in your Google Ads account, with a maximum credit of $1,000.00.
- How will I know if I received ad credits?
- Response: Google will be notifying you (and us) via email and you will also see the ad credit applied directly in your Google Ads account (see Tools & Settings – Billing – Promotions). We will be closely monitoring your account for ad credits starting in late May (when the credits are first expected to be available).
For additional information regarding Google’s COVID-19 response, please see their original article or their related FAQ page. If/when an ad credit is applied to your Google Ads account, your Synapse account team will be reaching out to discuss the best way to apply the credit. If you have any questions in the meantime, please let us know!