Amazon sellers should be using a credit card for ad spend | Episode 6.
In this episode we discuss optimizing your Amazon Ad Spend by using a credit card to pay for your ad spend.
Using a credit card for Amazon ad spend offers strategic advantages: it helps manage cash flow by deferring payments, earns rewards or cash back, builds business credit, simplifies expense tracking, increases purchasing power, and provides fraud protection. This approach can reduce the net cost of advertising and support business growth.
00:00 Introduction
Using a credit card for Amazon ad spend offers strategic advantages: it helps manage cash flow by deferring payments, earns rewards or cash back, builds business credit, simplifies expense tracking, increases purchasing power, and provides fraud protection. This approach can reduce the net cost of advertising and support business growth.
00:00 Introduction
00:54 Sellers can use a different credit card for ad spend
01:49 We see about 50% of business use this strategy, but the rewards can be significant
02:58 There are more benefits than just the increased cashback rewards
04:18 Sellers can leverage cards that offer 2-3x the rewards specifically for business ad spending
05:33 There are tax benefits to using this strategy
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- https://www.onlinesellerconsulting.com/
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📚 **Resources:**
- https://www.onlinesellerconsulting.com/posts/new-amazon-seller-fee-changes-for-2024
- https://www.amazon.com/QuickBooks-Bookkeeping-Common-Mistakes-Everyone-ebook/dp/B00UKCUDG4
- https://www.amazon.com/Amazon-Seller-Bookkeeping-commerce-Operations-ebook/dp/B07C5BYKVD
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