No Credit Card Needed: Dropshipping Made Easy
Anton from Dropship Lifestyle discusses the common concern of having no credit when starting a dropshipping business. He explains how credit terms work and offers advice on how to start without credit.
- Suppliers offer two options for payment: credit terms and prepay.
- Credit terms require a credit check and other documentation, and payment is due within a set timeframe.
- Prepay means paying for orders before they are shipped, and there are various payment options available, including credit card, debit card, PayPal, and Dwolla.
- Using a credit card to pay for orders can earn rewards points, but it requires a good credit score.
- If you don't have credit, start with a debit card or Dwolla, and then consider getting a secured credit card to start building credit.
Starting a dropshipping business without credit is possible, and prepaying for orders is the best option. As you build your business and credit, you can start using credit cards to earn rewards. By following Anton's advice, you can start your dropshipping business and improve your credit score at the same time.
Top 10 BEST Credit Cards To Always Use (Shopify Drop-shipping)
Hey guys, welcome back to another video! In this video, we're going to talk about why credit cards are important for anyone in the e-commerce or online business space. We'll discuss how credit card companies can actually pay you and how you can get free money from them. We'll cover the benefits of credit cards, which include cash flow, building credit, points and bonuses, and treating credit card rewards as additional profit.
Let's dive into the different types of credit cards based on credit history:
For those with no credit history or low credit, here are some recommended cards:
- Wells Fargo Cash Back College Card
- Chase Freedom Unlimited Card
- City Double Cash Rewards Credit Card
- Wells Fargo Propel Card
- Amazon Prime Card
For those with more established credit, here are some advanced cards with more benefits:
- Ink Business Unlimited Card
- Ink Business Cash Card
- Ink Business Preferred Card
- Chase Sapphire Preferred Card
- Chase Sapphire Reserve Card
- AMEX Gold Card
The AMEX Gold Card is our favorite and highly recommended for personal, business, and advertising use. It offers 35,000 bonus points upon sign-up and 4x points on top two categories every month up to $150k per year.
In conclusion, credit cards can be a valuable tool for anyone in the online business space. They offer benefits such as cash flow, building credit, and rewards points. Whether you're just starting out or have an established business, there are credit cards available for you. So, take advantage of the benefits and start earning free money today!
5 FREE Ways To Make Money Online If You're BROKE 💰 (NO Credit Card Required)
- Money doesn't always require money to make money.
- Five free methods to make money online even if you're broke.
- These methods can make tens of thousands to hundreds of thousands of dollars every year.
- None of these methods require a credit card.
Method 1: Teespring Facebook Page Method
- Teespring and free print on demand marketplace platforms allow for easy creation and selling of custom products like t-shirts online.
- Customers buy the t-shirts and Teespring prints and ships them automatically.
- No need to set up an online store or payment gateway.
- Use free Facebook meme pages to promote and sell products.
- Examples of successful meme pages for t-shirts: science and gun rights.
- Easy to make t-shirt designs using free apps like Canva.
- No need to hire a designer or buy products in advance.
Method 2: Pinterest Affiliate Marketing Method
- Pinterest is a large database of images that people upload and search for.
- Create blog posts with product lists that have affiliate links.
- Use Pinterest's keyword research tool to optimize pins for related keywords and generate traffic.
- Use affiliate programs like Amazon Associates to earn commission on sales.
- Use free blogging platforms like Weebly to get started.
Method 3: Niche T-Shirts by Amazon
- Merch by Amazon allows for free creation and sale of print on demand products like t-shirts.
- Set prices and earn profits once the cost of the shirt is removed.
- No need for a credit card.
- Use cross-niche designs to target multiple customer groups and increase sales.
Method 4: Combining Merch by Amazon,
How To Start Dropshipping With $0 | STEP BY STEP | NO SHOPIFY & NO ADS! (FREE COURSE)
Hey there, my name is Isabella and I own two successful six-figure earning online businesses. Today, I'm excited to share with you how to build a successful dropshipping store with zero dollars and without using Shopify or ads. This means that you can start your own store without having to spend any money upfront.
- My experience with successful online businesses
- How to build a dropshipping store with zero dollars
Why choose dropshipping?
- Ideal for those starting out
- Can be done from anywhere
- No need to worry about inventory or shipping
Finding a winning product
- Use tech talk, AliExpress, Amazon, and Google
- Focus on niche categories such as beauty, pets, technology, kids, gifts, photography, and fitness
- Example: trending product - hula hoop
Creating a business name and logo
- Use a name generator
- Example: Hula Heel
- Use Zarla to create a free logo
Setting up a free online store
- Use free website hosts
- Example: CJDropshipping
- Add products to your store
Fulfilling dropshipping orders
- Supplier ships product directly to customer
Marketing your online store for free
- Use social media
- Example: TikTok
- Importance of entertaining and relatable content
Legal and tax basics of dropshipping
- Research laws and regulations
- Example: what Isabella personally did
- Building a successful dropshipping store without spending any money
- Hit the like button and subscribe for more content like this.
DROPSHIPPING & CREDIT CARDS — EVERYTHING YOU NEED TO KNOW | Shopify Dropshipping
All right, in this video we're going to talk about credit cards and drop shipping. We'll cover why credit cards are essential, how to use them effectively, and my personal experience with different cards. Additionally, we'll go over an accounting mistake I made and tips for those with no credit history.
Credit cards are an essential tool for anyone in the drop shipping business. They can help alleviate short-term cash flow issues and offer free travel perks. In this article, we'll cover why credit cards are necessary, how to use them effectively, and my personal experience with different cards.
Why You Need Credit Cards:
- Credit cards can help alleviate short-term cash flow issues
- They offer free travel perks
How to Use Credit Cards Effectively:
- Use them for any expenses you can
- Pay them off in full multiple times a month to avoid interest
- Use the Amex business gold for ad spend and the Amex platinum for booking travel
My Personal Experience with Different Cards:
- American Express business gold: Best for ad spend
- American Express platinum: Best for travel perks
- American Express business gold rewards: Not available anymore
An Accounting Mistake I Made:
- Using different accounts and credit cards ended up costing me over $3,000
Tips for Those with No Credit History:
- Start with a secured credit card
- Pay bills on time
- Avoid opening too many credit cards at once
Credit cards are a necessary tool for anyone in the drop shipping business. Use them effectively, and you can reap the benefits of free travel perks. However, it's crucial to avoid mistakes and be responsible with your credit. By following these tips and my personal experience, you can make credit cards work for you in your drop shipping business.
The Best Credit Cards For Shopify Dropshipping & E commerce
Hey guys, welcome to the E-commerce Mentoring channel! In today's video, I'm going to be sharing with you the credit cards and charge cards that I personally use for my E-commerce and dropshipping businesses. Here are some key takeaways from this video:
- Credit cards and charge cards are essential for any E-commerce or dropshipping business.
- They provide purchase protection, rewards, and cash flow management.
Capital On Tap:
- A business credit card available in the UK, Spain, and the US.
- Offers up to $50,000 credit limit per billing period.
- Provides 2% cash back on all transactions and no annual fee.
- Used as an alternative card when the primary card is maxed out.
American Express Platinum:
- A premium business charge card with a high annual fee.
- Offers up to 70,000 rewards points and $100 cashback on US advertising media.
- Used as the primary card for E-commerce and dropshipping businesses with high monthly revenue.
Chase Ink Business Unlimited:
- A business credit card with no annual fee.
- Offers unlimited 1.5% cash back on all purchases.
- Used as a secondary card when the primary card is maxed out.
- Use business credit cards and charge cards for purchase protection, rewards, and cash flow management.
- Choose cards that suit your business needs and spending habits.
- Always read the small print and understand the benefits and limitations of each card.
The BEST Credit Cards For DROPSHIPPING
In this article, we will be discussing the use of credit cards in the drop shipping business and the best credit cards to use for travel, cash back, and drop shipping in 2022. We will also discuss why credit cards offer more protection and less risk than using your own cash.
Why Use Credit Cards in Drop Shipping?
- Credit cards offer more protection than debit cards
- Less risk to you and your business
- Allows for liquidity in case of emergencies
Best Credit Cards for Drop Shipping:
1. American Express Plum Card
- Optimal for drop shipping on platforms such as Amazon and Walmart
- Allows you to carry a balance for 60 days without interest
- No preset spending limit
2. American Express Business Platinum Card
- Ideal for travel
- Every dollar spent earns a point for booking travel
- Five times rewards for flights and hotels booked through the American Express portal
3. American Express Business Platinum Charles Schwab Card
- Best for cash back
- Points can be redeemed for cash into your Charles Schwab bank account
- Same benefits as the American Express Business Platinum Card
Requirements for Approval:
- Credit score of 720 or higher
- No derogatories
- Less than three accounts or inquiries in the last six months
- Risk of suspension on platforms such as Amazon and Walmart
- Need for liquidity in case of suspension
Using credit cards in the drop shipping business offers more protection and less risk than using your own cash. The American Express Plum Card is the most optimal for drop shipping, the American Express Business Platinum Card is ideal for travel, and the American Express Business Platinum Charles Schwab Card is best for cash back. To get approved, you need a credit score of 720 or higher, no derogatories, and less than three accounts or inquiries in the last six months. The only risk is the potential for suspension, but having liquidity can mitigate this risk.
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