BlueConic | https://www.blueconic.com | multiple positions | ONSITE in Boston, MA / Nijmegen, NL (depending on the position) and REMOTE for some positions BlueConic is the market-leading customer data platform, which gives marketers the power to liberate their data and use it to improve marketing outcomes. Our clients use BlueConic to unify individual-level data and …
The post New comment by bleusink in “Ask HN: Who is hiring? (November 2020)” first appeared on Online Web Store Site.
With the ability to take a lot of guesswork out of conversion rate optimization, eye-tracking software and heat maps can reveal some startling insights into increasing conversions (and avoiding sales killers) that can benefit every business.
Here are 7 important eye-tracking studies that give a sneak peek into common browsing patterns and elements of human behavior that all marketers need to know.
You don’t have to be an expert in UX (user experience) to understand the importance of Fitts’s law.
While seemingly complicated at first glance, one of the fundamental lessons Fitts’s law communicates is that object “weight” (in the visual hierarchy) is a big determinant in what attracts eyes and mouse clicks.
Consider this recent case study from TechWyse that examined the homepage of a truck service with a heat map:
As you can see from the first test, the non-clickable “NO FEES” button was hogging a lot of attention, but it is not a call-to-action and its information isn’t the most important on the page.
That’s no good.
Also, it is right next to one of the most important CTAs on the page (the phone number) and it stands out so much that it actually is drawing people away from other more important elements.
Take a look at the changes they made to alleviate this problem.
Much better!
The “Call Now” button clearly is getting a lot of attention over every other section on the page, which is great because it is how customers get started contacting the business!
Lesson learned: When you are assembling a persuasive landing page, be sure the elements that “pop” are the ones that matter, and that you aren’t giving too much weight to visuals that don’t encourage customers to take action.
Most marketers have seen those SERP (search engine results page) heat maps that show the top 3 rankings hogging all of the action… But what role do visual elements play in holding visitor attention?
In an interesting heat map study published on Moz, videos were shown to be particularly powerful in capturing eyeballs through eye tracking, even when they weren’t the #1 result.
As you can see below, both direct video results (such as a hosted YouTube video) and embedded video results (videos embedded on a webpage) commanded more attention than a regular search listing, especially if they were near the top of the results.
Why video?
Video is usually is interpreted as a product video. However, instead of assuming, test to see if it impacts your search traffic for top keywords.
Lesson learned: If you want to stand out at the top of some competitive search results, you may want to test an embedded video rather than authorship for product pages.
Using visual cues to guide visitors to key areas of your site is nothing new, but just how effective is it?
According to studies such as the aptly named Eye Gaze Cannot be Ignored, it is incredibly effective. Human beings have a natural tendency to follow the gaze of others, and we have been coached since birth to follow arrows directing us to where we should be looking and going.
Consider the following eye tracking heat map example that included a page with a baby and a compelling headline for taking care of the baby’s skin.
It’s obvious that the baby’s face is drawing a lot of attention. (As a matter of fact, faces of babies and pretty women draw the longest gazes from all visitors.)
Unfortunately, from a marketing standpoint, this is a problem because the copy isn’t commanding enough attention.
Now look at the browsing patterns when an image of the baby facing the text was used.
As you can see from the eye tracking heat map, users focused on the baby’s face again (from the side) and directly followed the baby’s line of sight to the headline and opening copy. Even the area of text that the baby’s chin was pointing to was read more!
Lesson learned: Visuals are an important part of a site’s overall design, but most pages can be optimized by including images that serve as visual cues for where visitors should look next.
According to this study from the Nielsen Group, all across articles, e-commerce sites, and search engine results, people almost always browse in an F-shaped pattern that heavily favors the left side of the screen.
This coincides with additional research that shows people tend to view the left side of the screen overall far more than the right.
It is important to note all of these studies were conducted with English speaking (and reading) participants. The opposite was true for those users whose languages read from right to left.
Is it any wonder that some of the most tested websites in the world (like Amazon) have placed a clear priority on the left sides of their homepages?
Lesson learned: Web users tend to browse sites based on their reading habits. For English speaking people (and languages with similar reading patterns), the left side of the screen is heavily favored, and all sites tend to be browsed in an F-pattern.
Relying on the screen above “the fold” to do all of the heavy lifting is one of the biggest usability mistakes you can make. The idea that it is the only place web users will browse is a complete myth.
Multiple tests (including this one and this other one) have shown that users have no problem scrolling down below the fold. Surprisingly, they will browse even further down if the length of the page is longer.
KISSmetrics conducted an interesting A/B test on his homepage and found that a page with 1,292 words beat a page with 488 words by 7.6%. And it didn’t end there. The leads from the long-form version of the page were higher in quality than the leads from the variation.
Another great test from the folks at ContentVerve showed that moving the call-to-action far below the fold actually boosted conversions by 304 percent.
Lesson learned: Although it’s dependent on the page you are testing, you shouldn’t be afraid of placing important elements below the fold (and testing them there), because it gives people time to read your copy before they take action.
Who’d have thought that eye tracking and email marketing could be best of friends?
According to this eye tracking study conducted by the Nielsen Group, people scan emails very quickly, and the only areas they give any appreciable amount of time to at all are the initial copy and headlines.
From the study:
Users are extremely fast at both processing their inboxes and reading newsletters. The average time allocated to a newsletter after opening it was only 51 seconds.
This means that you need to get to the point in your emails in under a minute. The message should be as compelling as that of an online article, but you don’t have as much time to capture attention as you might in an article.
This coincides with a study from MarketingSherpa that shows people prefer short, clear, and un-creative headlines for their emails. (Creative headlines can seem mysterious, and mystery in an inbox may equal spam.)
Truly a situation where the KISS principle applies!
Lesson learned: Once you’ve earned the right to appear in a prospect’s inbox, be sure to keep that privilege by crafting emails that are clear and get to the point quickly. You don’t have as much time to broadcast your message as you would in an online article.
If you’ve ever seen this video by Dan Ariely, you know that sometimes seemingly “useless” price points actually are quite important for increasing conversions.
One common pricing element that fits the bill here is the “pre-sale” price. It isn’t literally used by customers because they don’t pay that price… But is it still “used” to evaluate the new price?
In an effort to answer this question, Robert Stevens of THiNK Eye Tracking conducted a test that examined how people look at prices and products on shelves.
In the initial test, results weren’t too surprising. Most people spent time looking at prices and product packaging.
But if the pre-sale price was included, would people look at it?
They did!
Better yet, Stevens also tested perception of the sale price to see if viewing the pre-sale price played a role.
These were his findings:
After consumers selected the smoothie of their choice, I asked them if their purchase was a good value for the money on a 7 point “like” scale (with 1 being very good value for the money and 7 being not very good value for the money).
Consumers who saw only the promotional item gave a mean score of 2.4. Consumers who saw the promotional item next to a full-price premium offer gave it 1.7, even though they purchased the same item!
Basically, humans are pretty bad at evaluating price without contextual clues (as argued by Ariely in this TED talk). We find it much easier to make decisions when we have something to base them on.
That’s why people often view a sale price as a better value when they can see what they really are saving. Without that contextual clue, the sale price is hard to evaluate because they don’t know what the product usually sells for.
Lesson learned: Sometimes “useless” prices like pre-sale prices can be used by customers to evaluate the value of a potential purchase.
About the Author: Gregory Ciotti is the marketing strategist for Help Scout, a Zendesk alternative made for small businesses that want help desk software with a personal touch. Get more data-driven content from Greg by downloading his free guide on converting more customers (with psychology).
The post 7 Marketing Lessons from Eye-Tracking Studies appeared first on Neil Patel.
The problem with selling your startup is the long exit time. Sometimes it can take as long as seven years before you can sell your business and hop on the next idea.
And the investors? They feel the same way.
Who wants to wait almost a decade to buy a startup when the face of tech is evolving at such a rapid pace? Plus, the price tag on those more established businesses often run into the billions.
That’s an expensive mistake if you make the wrong investment.
The solution? Micro startup acquisitions.
From Facebook to Microsoft, there is a massive trend to seek out tiny teams of five or less, buy them, and use the technology and talent to gain a competitive edge.
In this guide, we’ll discuss the benefits of buying and selling a micro startup, the trends changing M&R strategy, and the top tools you can use to sell (or buy) your startup.
But before we dive into that, we need to look into what micro startup acquisitions are and why you need to sit up and take notice.
Micro startup acquisitions are a move away from buying businesses with established products or even proven revenue streams.
Instead, larger tech companies like Twitter and Pinterest are making investments in small startups. These businesses usually consist of 2 to 3 people, and companies are taking bets on their products that aren’t even fully realized yet.
Why?
Companies are becoming more proactive and want to acquire complementary products earlier on in their road maps as a way to outwit the competition and obtain the best talent in the industry.
What does this mean for startups?
Your exit strategy timeline is A LOT shorter. Gone are the days of waiting 5, 7, or 10 years to sell, making it more affordable than ever to bootstrap your startup.
Hike Labs was founded in 2014, and by 2015, Pinterest had swooped in and acquired the San Francisco-based mobile publishing startup.
Over the last couple of years, there have been clear trends in why big companies are choosing to invest in these small teams and use them as part of their growth strategy.
More deals are about gaining access to new capabilities or markets. While it’s a trend across sectors, it’s picking up steam in tech where companies are looking to deliver more complete solutions to consumers.
These acquisitions, which focus more on scope than scale, accounted for 90% of tech deals in 2019, which is a 40% increase from 2015. It’s a clear indicator that businesses want to expand their offerings and capabilities.
No one wants to be late to market.
Yes, the tech giants could develop the software these micro startups are making, but by the time it’s ready for market, a competitor might have rolled a similar product out and taken all the glory.
Or you could make the mistake of investing too much in the wrong idea, and there goes money, time, and resources down the toilet. It’s usually much cheaper to acquire a startup that has done the legwork than get an idea internally developed.
By acquiring micro startups, companies can mitigate both risks and reap the rewards.
For example, HR and finance SaaS vendor Workday bought Scout RFP (a San Francisco startup with a team of 8) for $540 million.
The startup built a cloud-based office procurement system that helps customers streamline supplier management. The acquisition is a step in the right direction for Workday to compete as a holistic enterprise resource planning solution.
It’s no secret that attracting top tier talent can take your business to the next level.
These micro startup acquisitions aren’t only about products. Sometimes it’s the talent that attracts the bigger guys. Micro teams can amplify a company’s productivity while getting rid of the learning curve which comes with new hires.
The innovation and ability to push a startup idea into production mean the team has skills and knowledge that is invaluable to an established company.
For example, when Instagram bought Luma (its first acquisition), the tiny three-person team was part of the deal. The Luma team’s knowledge in video stabilization technology was critical in launching Instagram’s complementary app, Hyperlapse.
A massive advantage of purchasing micro startups is the price.
It’s way cheaper to go small than fund a big, established company with hundreds of employees.
And the risk of it going under? A much softer blow.
If the investment goes the same way as Jay-Z’s Tidal music streaming app, it’s a much smaller amount to write off. Plus, you get to keep the team.
For example:
Microsoft spent $200 million to acquire Accompli and only $100 million for Sunrise. When you compare that to the $7.5 billion they spent on the acquisition of Github, or their purchase of Skype for $8.5 billion, that’s quite a bargain.
The same goes for Google acquiring Android for a measly $50 million in 2005 with key employees joining the company. As of 2020, the net worth of Android is estimated to be over $2.5 billion.
Another major trend in micro startup acquisitions is artificial intelligence. Companies in almost every sector are looking to take advantage of machine learning and integrate it into their products.
When you combine this with the shortage of AI talent, there is a race to scoop up startups and their teams who are in the early stages of funding and research.
In 2019, Facebook quickly snapped up a visual search startup called GrokStyle, who developed an app that can automatically detect decor and home furniture from a photo. When asked about the acquisition, Facebook responded in a statement that “their team and technology will contribute to our AI capabilities”.
Want to cash in on the micro acquisition boom? Whether you’re looking to sell or invest in a small business, there are various tools to help you swipe right and find your perfect match.
Micro Acquire is a marketplace that connects startups to buyers. The platform is free, private, and has no middlemen.
When you sign up, you’ll get instant access to over 10,000 trusted buyers with total anonymity.
The marketplace is designed to cut down on the time you need to sell your business and find startups to invest in. Once you’ve found a buyer or a seller, you’ll get a letter of intent (LOI) in 30 days or less.
Micro Aquire is for startups with an annual recurring revenue (ARR) of less than $500,000. It’s one of the best platforms for serial entrepreneurs to invest in small companies and grow them into booming successes.
Flippa is a marketplace for buying and selling websites, apps, domains, and online businesses.
While it helps to streamline the negotiation and transaction process, it does have a history of scam listings.
If you decide to buy on Flippa, do your due diligence and put the listings under a microscope to make sure it’s legit to find those diamonds in the rough.
Flippa is an ideal marketplace for small to medium-sized businesses. You can find a range of sellers at any price.
You can buy or sell online businesses and products like:
Flippa’s listing fees depend on what you’re selling:
There is also a 10% success fee on each sale, and you can upgrade your listing with various packages starting at $295.
Tiny Capital is a different breed in the micro acquisition space. Unlike some of the other tools mentioned above, it’s a traditional venture capital firm, with a twist.
Instead of buying companies and becoming a micromanaging nightmare, Tiny has a hands-off approach.
Besides the required monthly and quarterly reports, founders rarely have contact with the firm, with some businesses only speaking to Tiny Capital founder, Andrew Wilkinson, once every six months.
Tiny Capital seeks to invest in profitable internet businesses within the information technology sectors.
Think your business would be a good fit?
You need to meet the following requirements:
It’s the perfect micro acquisition option for founders who want a quick sales turn around (most deals are complete within 30 days) and an investor who is going to be seen and not heard.
There are no upfront costs with Tiny. All you need to do is contact the team, and you’ll get a response within 48 hours. If Tiny likes your business, you’ll get an offer within 7 days.
FE International is an acquisition advisory team for businesses earning five figures or more. With a 94.1% sales success rate, it’s one of the top tools for micro startup acquisitions.
As a full-service M&A (mergers and acquisitions service), the platform has integrated solutions for all the major elements of a successful acquisition. From valuation to exit planning to post-sale considerations, it’s all handled under one roof.
FE International specializes in selling websites in the SaaS, content, and e-commerce industries. It’s an excellent choice for startups within the 5 to 8 figure range who want top-tier support throughout the sales process.
There are no listing fees for sellers or joining fees for investors. Brokers are paid a 15% commission fee on all sales, and there is a buyer transaction fee of 2.5% with a maximum threshold of $1,000.
Since opening its doors in 2013, Empire Flippers has sold over $93,000,000 worth of websites and online businesses with an impressive 88% selling success rate.
Empire Flippers is interested in websites within the following categories:
There is an intensive seller vetting process to ensure only quality listings make it onto the marketplace, and there is a dedicated team for each step of the process.
To qualify for a listing on Empire Flippers, you must meet the following requirements:
Empire Flippers has a $297 listing fee for first-time sellers. But if your listing is declined, it is 100% refundable.
If you’re a repeat seller, you’ll only pay $97 to list your site.
Potential buyers must pay a refundable 5% deposit fee to gain access to a listings URL, P&L, and Google Analytics.
There are commission fees ranging from 8% to 15% depending on the final sale price.
The race is on for micro startup acquisitions.
Companies who understand the benefits of expanding their scope by adding complementary products and talent to their portfolio will reap the rewards.
Companies who forgo adding micro acquisitions as part of their mergers and acquisitions strategy are going to get left in the dust by competitors and struggle to find top-tier talent.
In short, there is no better time to be a desirable tiny startup.
Have you ever sold or acquired a micro startup? What has been your experience?
The post Micro Startup Acquisition: The Definitive Guide to Buying and Selling Small Startups appeared first on Neil Patel.
Synthego | Redwood City, CA | Full Stack Engineer | DevOps Engineer | Front-End Engineer | ONSITE
Synthego is a mature biotech startup, developing an industrialized CRISPR genetic editing platform.
https://www.synthego.com/
About the DevOps Engineer role:
- Deploy a variety of microservices and monitoring.
- Containerization of microservices.
- Tech stack: AWS, CI/CD, Linux, Docker, Python
More about the Sr. DevOps role: https://jobs.lever.co/synthego/32998f71-6f22-40d4-b306-86fad9536b94
More about the role: https://jobs.lever.co/synthego/c1dec2e1-4f44-4f4d-806a-0a5d7f3e905c
About the Full Stack Engineer role:
- Add new functionality to our LIMS (Laboratory Information Management System), enabling scientists to automate and improve their workflow.
- Tech stack: Django and React
- Non-CS backgrounds are also welcome.
More about the role: https://jobs.lever.co/synthego/6391e353-c9cd-4316-8a8f-b343e83c169a
About the Front End Engineer role:
- Develop real-time UI (eg. websockets).
- Collaborate with users and develop UI for factory/lab software and tools.
- Tech stack: Python, JavaScript/TypeScript, Node.js, React
More about the role: https://jobs.lever.co/synthego/0826ebd2-274c-4901-b759-7b07e9e5e059
All open positions: https://www.synthego.com/careers#open-positions
Reach out at: recinternal [at] gmail dot com
The post New comment by internalrec in “Ask HN: Who is hiring? (November 2020)” appeared first on ROI Credit Builders.
The Travails Of The Pros And Cons Of A Small Business Credit Card
For local business charge card obtaining a feeling out of a bargain is, in some circumstances, one of the most challenging point to do. Due to the fact that the majority of individuals might not promptly figure out the advantages they can obtain from getting it, this is.
Consider instance the instance of local business bank card. Some individuals compete that organization bank card are critical in the development of a company, while various other s compete that it is simply one means of shedding their financial investments.
Whatever the factor there is, just one this is specific, it is still a credit history card as well as simply like any kind of monetary choices, comprehensive factor to consider is a must.
For those that desire to understand whether obtaining a little organization credit history card will certainly be great for their business, below are some of the disadvantages as well as pros to be thought about.
PROS
1. It is reliable and also gives administration on the firm’s economic fees.
With the local business bank card, the majority of business owners can adjust their prices as well as repayments via different costs combination. This suggests that the business will just have one invoicing declaration with information on the staff members’ expenditures rather than having different declarations as well as billings.
2. small company bank card offer their customer’s with the possibility to suppress overspending in their workers.
Due to the fact that business proprietors are provided the right to “pre-programmed’ the credit line of their workers, they have the ability to restrain any kind of likely overspending of their workers rather. This, consequently, postures terrific technique amongst individuals.
The declarations that most likely to the supervisor or to the monetary manager remain in complete information of all the monetary deals sustained at a certain time. The business can track down the kind of costs practices of their staff members.
DISADVANTAGES
1. It is still a bank card.
This indicates that also if it is a business’s building, staff members will certainly still have the propensity to over spend lavishly or invest right into even more cashless purchasing. This can be really high-risk specifically to company monitoring that is largely the one in charge of the accounts.
2. Any kind of mistakes or mistakes can harm credit score scores.
It has a better effect on organizations if debt background is extremely crucial to typical people. If something goes incorrect with their organization debt card, the result is primarily enforced on the company instead on the staff member.
What’s the lower line below? As contrasted to various other sorts of credit scores, it is constantly best to check the costs behaviors. Bank card can truly be viable where it offer its function, yet can additionally do even more damage than great if mistreated and also considered given.
As the COVID-19 situation worsened, we took a look at a number of gas cards for small business and did the research for you. US recession or no US recession, you’ve got to fill your tank! So, here are our preferences.
Per the SBA, business credit card limits are a whopping 10 – 100 times that of personal credit cards! This demonstrates you can get a lot more money with small business credit.
Small business credit is independent of the economy. Coronavirus or not, these credit cards are out there – but be aware that, as the situation drags on, some of the requirements could change. Always be sure to check the links directly to be sure to get 100% up to date information straight from the source.
And you will not need collateral, cash flow, or financials in order to get business credit.
Benefits can vary. So, make sure to select the benefit you like from this choice of options.
Our Business Credit Builder is full of amazing business credit cards and that includes gas cards!
So, check out this card from 76. It reports to Dun & Bradstreet, Experian, and Equifax.
To Qualify:
To Apply: Online or over the phone
Terms: Net 22
Get it here: 76fleet.com
Check out this great card from Marathon. It reports to Dun & Bradstreet, Experian, and Equifax.
To Qualify:
To Apply: Online
Terms: Net 22
Get it here: marathonbrand.com
And check out the Wex Fleet Card. It reports to Dun & Bradstreet, Experian, and Equifax.
To Qualify:
To Apply: Online or over the phone
Get it here: onlineservices.secure.force.com/creditapplication/WexBOCA?pgm=WEXFleetUniversal&cc=BCOMPARE&lc=bcompare
Terms: Net 22 but can be extended to Net 30
Check out the Capital One® Spark® Cash for Business. It has an introductory $0 annual fee for the initial year. After that, this card costs $95 per year. There is no introductory APR offer. The regular APR is a variable 18.49%.
You can get a $500 one-time cash bonus after spending $4,000 in the first three months from account opening. Get unlimited 2% cash back. Redeem any time without minimums.
You will need good to superb credit to qualify.
Find it here: capitalone.com/small-business/credit-cards/spark-cash
Check out our Hybrid Credit Line funding. It’s a great complement to the best gas cards for small business during the US recession – and more!
Check out the Discover it® Business Card. It has no annual fee. There is an introductory APR of 0% on purchases for one year. After that the regular APR is a variable 14.49 – 22.49%.
Get unlimited 1.5% cash back on all purchases, with no category restrictions or bonuses. They double the 1.5% Cashback Match™ at the end of the first year. There is no minimal spend requirement.
You can download transactions| easily to Quicken, QuickBooks, and Excel. Keep in mind: you will need great to superb credit to get approval for this card.
discover.com/credit-cards/business
Have a look at the Ink Business Cash℠ Credit Card. It has no annual fee. There is a 0% introductory APR for the first 12 months. After that, the APR is a variable 14.74 – 20.74%. You can get a $500 one-time cash bonus after spending $3,000 in the initial three months from account opening.
You can get 5% cash back on the initial $25,000 spent in combined purchases at office supply stores and on web, cable and phone services each account anniversary year.
Get 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases. There is no limit to the amount you can get.
You will need superb credit scores to qualify for this card.
Find it here: creditcards.chase.com/business-credit-cards/ink/cash?iCELL=61GF
Have a look at the Bank of America® Business Advantage Cash Rewards MasterCard® credit card. Get an 0% introductory APR for the first 9 billing cycles of the account. After that, the APR is 13.74% – 23.74% variable. There is no yearly fee. You can get a $300 statement credit offer.
Get 3% cash back in the category of your choice. So these are gasoline stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services. Get 2% cash back on dining. So this is for the first $50,000 in combined choice category/dining purchases each calendar year. After that get 1% after, with no limits.
You will need superb credit scores to qualify.
Find it here: promo.bankofamerica.com/smallbusinesscards2
We also found cards which give bonuses for auto rental, because you might not be driving your own car when on business.
Have a look at the Capital One® Spark® Miles for Business. It has an introductory yearly fee of $0 for the first year, which then rises to $95. The regular APR is 18.49%, variable due to the prime rate. There is no introductory annual percentage rate. Pay no transfer fees. Late fees go up to $39.
This card is excellent for travel if your expenses don’t fall into typical bonus categories. You can get unlimited double miles on all purchases, with no limits. Get 5x miles on rental cars and hotels if you book via Capital One Travel.
Get an initial bonus of 50,000 miles. That’s the same as $500 in travel. But you only get it if you spend $4,500 in the first 3 months from account opening. There is no foreign transaction fee. You will need a good to exceptional FICO score to qualify.
Find it here: capitalone.com/small-business/credit-cards/spark-miles
For an excellent sign-up offer and bonus categories, check out the Ink Business Preferred℠ Credit Card.
Pay a yearly fee of $95. Regular APR is 17.49 – 22.49%, variable. There is no introductory APR offer.
Get 100,000 bonus points after spending $15,000 in the initial three months after account opening. This works out to $1,250 towards travel rewards if you redeem with Chase Ultimate Rewards.
Get 3 points per dollar of the first $150,000 you spend with this card. So this is for purchases on travel, shipping, internet, cable, and phone services. Plus it includes advertising purchases made with social media sites and search engines each account anniversary year.
You can get 25% more in travel redemption when you redeem for travel using Chase Ultimate Rewards. You will need a good to superb FICO score to qualify.
Find it here: creditcards.chase.com/business-credit-cards/ink/business-preferred
For no yearly fee while still getting travel rewards, take a look at this card from Bank of America. It has no yearly fee and a 0% introductory APR for purchases during the initial nine billing cycles. After that, its regular APR is 13.74 – 23.74% variable.
You can get 30,000 bonus points when you make a minimum of $3,000 in net purchases. So this is within 90 days of your account opening. You can redeem these points for a $300 statement credit towards travel purchases.
Earn unlimited 1.5 points for each $1 you spend on all purchases, everywhere, every time. And this is no matter how much you spend.
Likewise earn 3 points per every dollar spent when you schedule your travel (car, hotel, airline) through the Bank of America® Travel Center. There is no limit to the number of points you can earn and points do not expire.
You will need excellent credit scores to get this one (as in, 700s or better).
Find it here: bankofamerica.com/smallbusiness/credit-cards/products/travel-rewards-business-credit-card
Have a look at the Marriott Bonvoy Business™ Card from American Express. It has an annual fee of $125. There is no introductory APR offer. The regular APR is a variable 17.24 – 26.24%. You will need great to superb credit scores to get this card.
You can earn 75,000 Marriott Bonvoy points after using your card to make purchases of $3,000 in the initial three months. Get 6x the points for qualified purchases at participating Marriott Bonvoy hotels. You can get 4x the points at US restaurants and filling stations. And you can get 4x the points on wireless telephone services bought directly from American service providers and on American purchases for shipping.
Get double points on all other eligible purchases.
Also, you get a free night every year after your card anniversary. And you can get one more free night after you spend $60,000 on your card in a calendar year.
You get complimentary Marriott Bonvoy Silver Elite status with your Card. Plus, spend $35,000 on eligible purchases in a calendar year and earn an upgrade to Marriott Bonvoy Gold Elite status through the end of the following calendar year.
Plus, each calendar year you can get credit for 15 nights towards the next level of Marriott Bonvoy Elite status.
Find it here: creditcard.americanexpress.com/d/bonvoy-business
Check out our Hybrid Credit Line funding. It’s a great complement to the best gas cards for small business during the US recession – and more!
Look into the Brex Card for Startups. It has no yearly fee.
You will not need to supply your Social Security number to apply. And you will not need to provide a personal guarantee. They will take your EIN.
However, they do not accept every industry.
Likewise, there are some industries they will not work with, and others where they want added paperwork. For a list, go here: brex.com/legal/prohibited_activities.
To determine creditworthiness, Brex checks a corporation’s cash balance, spending patterns, and investors.
So you can get 7x points on rideshare. Get 4x on Brex Travel. Also, get triple points on restaurants. And get double points on recurring software payments. Get 1x points on everything else.
You can have poor credit (even a 300 FICO) to qualify.
Find it here: brex.com/lp/startups-higher-limits
Check out our Hybrid Credit Line funding. It’s a great complement to the best gas cards for small business during the US recession – and more!
So your outright best gas cards for small business will always hinge on your credit history and scores.
Only you can pick which features you want and need. So make sure to do your homework. What is outstanding for you could be catastrophic for another person.
And, as always, make certain to establish business credit in the recommended order for the best, quickest benefits. The US recession won’t last forever. And with these credit cards and a good payment history, you can emerge from the US recession even better off than you were before.
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