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From Reaction to Recovery: Strategies
for Small Businesses In a Time of Crisis
#wordstreamlive
Who Knew This...
#wordstreamlive
Could Be Turned Into All Of This...
#wordstreamlive
A Lot Of Good Can Happen When We Think
Out Of The Box
#wordstreamlive#wordstreamlive
Holly Niemiec
Managed Services
Senior Account Manager, Digital Advertising
#wordstreamlive#wordstreamlive
Kelly McGee
Data Feeds Manager, Digital Advertising
Managed Services
1 2 3
#wordstreamlive
How We Will Do More With Less
Balancing Reactive &
Proactive Strategies
Managing Cash Flow Planning For The Future
#wordstreamlive
Managing Cash
Flow
#wordstreamlive
What Resources Are
Available?
● CARES Act
● Google Ads Relief Program
● Facebook Small Business Loans
● Local Business Loans & Funding
Government Resources & Aid
#wordstreamlive
Where To Find More Information
Check out today’s newest
WordStream blog post for more tips
3 Tips for Improving Your Cash
Flow During COVID-19
#wordstreamlive
What Do I Need, &
What Can Be Reduced?
● What can be eliminated, decreased, or deferred?
● Prioritize & cut back where necessary
List Out All Of Your Recurring Expenses
#wordstreamlive
Balancing Reactive
& Proactive
Strategies
#wordstreamlive
Finding Balance
● Improved cash flow
○ Loans and credits
○ Reduced costs
● Strategies for the future
○ Stay afloat
○ Long term success
Survive now and come out
stronger
#wordstreamlive
Proactive Solutions
Find Opportunity
#wordstreamlive
Find Opportunity
● Can you use a different supplier?
● Do you have high margin products that can become a bigger focus?
● Are there new partnership opportunities that may be cheaper now?
Where is there potential for growth
within your current business?
#wordstreamlive
Find Opportunity
Move Your Business Online (Or, Improve Your Current Online Experience)
#wordstreamlive
Find Opportunity
Facebook Launches E-Stores
#wordstreamlive
Find Opportunity
What Other Businesses Are Doing
#wordstreamlive
Reactive Solutions
Adapt & Pivot
#wordstreamlive
Adapt to the Current Market
What Other Businesses Are Doing
#wordstreamlive
We’re adapting too
● First ever WordStream Live online
● A new way to deliver valuable content to our
customers
● Adjusted material to reflect recent trends
● Content to be shared digitally after the event to make
it easy to access whenever
Consider replacements for in person events
#wordstreamlive
Has your customer changed?
#wordstreamlive
#wordstreamlive
#wordstreamlive
#wordstreamlive
#wordstreamlive
#wordstreamlive
Consider your buyer
● Do they have different problems?
● Are they looking for different solutions?
● Is your product/service relevant to a different market?
● Can you pivot to meet the new market needs?
● What synergies exist between what you can offer and what your clients need now?
How has COVID-19 affected your customer?
#wordstreamlive
Meet Your Clients Where
They Are
● Light, conversational messaging
● Small discount to reduce barriers to entry
● Helps fill current gaps in revenue
● Provides a base for an additional revenue stream
when things re-open
● Subscription model for recurring revenue
Success Story - Pavement Coffee
#wordstreamlive
Customer Retention vs.
Customer Growth
#wordstreamlive
Customer Retention
Keep your current customers engaged
● Consider loyalty programs
○ Introduce special perks not limited to
discounting like early access to new
products
● Utilize low cost channels to keep your customer
engaged
○ Email
○ Organic social
● Adjust your messaging
○ Tap into emotion and meet your customer
where they are
#wordstreamlive
47%
Of consumers have increased
social media usage
How much CPA has declined
across all segments
23%
Customer Growth
Are You On Facebook Yet?
#wordstreamlive
Customer Growth
Lead Generation & New Revenue
● Leverage lookalike and similar audiences
○ Make use of AI to target high value users
● Focus on building the top of the funnel
○ Ensure you have connections to
re-engage when the market picks back
up
● Utilize low cost channels for new growth
○ Post organically on social
● Build Your Email List
○ Lead gen campaigns can help you build
up your email lists at a low cost
#wordstreamlive
26%
Increased traffic on Google
Display
Increased traffic on YouTube
36%
Customer Growth
Explore New Networks
#wordstreamlive
Customer Growth
● People are home and want to beautify their space
but money is tight
● Launched a new financing program to allow
customers flexibility in their payments
● Quickly built a new landing page to highlight the
offers
● Launched marketing campaign on Facebook,
YouTube and Google Display since these platforms
have seen a large increase in traffic
Success Story - Unilock
#wordstreamlive
Planning For The
Future
#wordstreamlive
Paid Search Conversions Are Already
Rebounding
Here’s What We’re Seeing So Far
● Starting the second week of
April, paid search conversions
rebounded to about 89% of
their pre-COVID levels
● The average PPC budget also
increased by 5%
#wordstreamlive
Reactivating (Or
Ramping Up) Marketing
● Watch for increasing impression volume
● Take advantage of cheaper CPCs
● Look at your Auction Insights Report
● Smart bidding - utilize maximize conversions with
a small budget
● Branded search campaigns protect & strengthen
your brand
Short Term
#wordstreamlive
● Grow your email lists for future remarketing
● Find new customers or future customers through
launching or re-enabling prospecting campaigns
● Build historical data to leverage the algorithms
Reactivating (Or
Ramping Up) Marketing
Long Term
#wordstreamlive
Looking Ahead
● Firm up your “base”
○ Identify the core of your business and marketing strategies
○ Maximize organic & low cost channels
● Grow potential client base through top of funnel initivites
○ This market will be valuable as the economy picks back up
● Consider new creative partnerships
Come Out Stronger
#wordstreamlive
Keep thinking creatively…
#wordstreamlive
Questions?
Thank you!
#wordstreamlive
APPENDIX
#wordstreamlive
It’s A Marathon, Not A
Sprint
● What can you do now, to plan for the future?
● Think about:
○ Your current resources
○ Potential resources from loans and/or other
programs
○ How you can improve your current business
model
It’s Okay To Be The Turtle
#wordstreamlive
Proactive vs. Preventative
Approach
#wordstreamlive
#wordstreamlive
#wordstreamlive
Agility is the new growth
-Matthieu Pellerin
Global Head of Growth Lab, Google
#wordstreamlive
Be Agile
Re-evaluate Often
Quick and thoughtful adjustments
Focus on Customer Needs
Change & Adapt
#wordstreamlive
Customer Growth
● 47% of consumers have increased social
media usage
● Facebook CPA has declined 23% across all
segments
● Brand Awareness, Reach & Frequency, or
Traffic campaigns are all great strategies for
you to get traffic to your site at a low cost
● Lead Gen Campaigns can help build email lists
Are You On Facebook Yet?

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