Bartering Brings You New Clients
Statistically business’s find buyers originating from a barter network are brand new customers. This fact alone makes barter a highly profitable venture. Anytime you find new a customer it is a good thing. If you have no up-front cost to acquire those new clients, it’s even better.
95% of Barter Sales are New Customers According to the Bureau of Labor Statistics, the average cost of sales person runs from eight to twelve percent of sales depending on your industry. When you include advertising, leads and other marketing cost, another three to thirty-two percent accumulates. As a rule if your marketing cost is at the low end you are paying your sales force at the high end. This means the total cost for a new customers runs from fifteen to forty percent of sales. With BarterPX that cost just dropped to six percent.
Barter Greatly Reduces your Sales and Marketing Cost
Most business people know their sales and marketing cost and it is substantially higher than six percent. If you don’t know these costs perhaps, you should barter with one of our marketing firms for some strategic and statistical marketing advice. In any event, the new customers brought about via barter are going to bring in new revenue at a client acquisition cost generally one-fourth of what you pay for cash customers.
Barter Reduces Client Acquisition Cost byBringing You New Customers
|