- Barter
Provides A Competitive Edge
Business owners in a barter exchange will patronize your establishment over your competition, because your barter affiliation is an incentive to do business with you. Plus, barter attracts new customers to your business, without affecting the existing cash sales already being generated by your company.
- Barter Increases Sales
A barter exchange markets your company to hundreds of local businesses and thousands nationally — all potential customers, incremental business over and above your daily cash-paying customers. Businesses barter to purchase what they need or want, and pay for them with the additional sales of their products or services.
- Barter Improves Cash Flow
There are two main ways of to increase cash flow – additional sales and reduced costs. Barter does both! Barter allows you as a business owner to pay for what you need with what you have – allowing you to preserve working capital for other needs. When you use barter instead of cash to purchase needed products and services, you reduce your cash costs by paying for them with revenue generated by incremental barter sales. When you purchase something using your barter exchange trade dollars, the payment is made with new sales ... sales that probably would not have happened without your barter exchange affiliation.
- Barter Moves Excess Inventory &
Fills Idle Production Time
Every business owner struggles with the dilemma of what to do with extra inventory or idle production time. When you join a barter exchange, barter provides a tool to put that excess to use in profitable ways. Your barter exchange accomplishes this objective by matching your product or service with businesses looking to purchase them on trade. It's a win-win situation.
- Barter Means New Cash Sales
That's not a misprint - yes, cash sales. Every business owner knows the key to success is referrals. If you perform a good job for a client of you serviced though your barter exchange – they'll undoubtedly refer their cash-paying friends, clients, family and associates to you.
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- Barter Means Increased Profits
With a barter exchange affiliation, added profits are realized by participating businesses. Sellers within in a barter network make incremental barter sales (over and above their cash business) and increased sales mean increased profits.
- Barter
Makes Record-Keeping Easy
In a sense, your barter exchange works much like a bank, providing control, record keeping, and administration for your barter transactions. Direct-trading between businesses, often becomes cumbersome at record-keeping time. With your barter exchange’s convenient clearinghouse concept, there's no need to keep track of the dollars traded. Your barter exchange uses state-of-the-art technology to track all of your barter sales and purchases with an easy-to-read itemized monthly statement. Plus, a member Web site is typically available to service your barter needs 24/7.
- Barter Eliminates Bad Debts
Barter takes the hassle out of collections. When you make a barter sale to another client within your barter exchange, you obtain authorization in advance to verify that the buyer has the trade dollars to pay for their purchase from you. Then, upon order completion or delivery, a simple signed transaction slip submitted to your barter exchange confirms the transaction. It's that simple.
- Barter Expands Distribution Channels
Your barter exchange’s global affiliation with The BANC (Barter Association National Currency), provides a convenient medium for local clients to trade with over 50,000 businesses globally, expanding the possibilities for all involved. The BANC opens the door to a broader range of products and services, as well as a greater marketing platform for your company.
- Barter
Creates Wholesale Buying Power
With barter, the real cost of the products you purchase on trade is actually the wholesale cost of your trade dollars earned. Making sales with built-in profits makes the cost of your purchases more economical on trade. When you join a barter exchange, you open the door to a new, cash-free way of handling every day business and personal expenses.
- Plus Many More
Benefits!
Let us show you how the many benefits of barter will enhance your business or organization. If you represent a business that sells goods or services locally or nationwide. Contact NATEfor more information and to locate a member barter exchange in your area.
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