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
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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π **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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What is The Online Seller Podcast?
The podcast by Online Seller Consulting focuses on the various strategies, techniques, and tools necessary for successful selling on Amazon. With insights from industry experts and successful Amazon sellers, the episodes dive into topics such as optimizing product listings, managing customer reviews, understanding Amazon's algorithms, and leveraging advertising and marketing within the platform. Whether you're a seasoned seller or just starting out, this podcast aims to provide valuable information to grow your online business on Amazon.