Learn Why Business Barter is GoodBarter or trade is a powerful business tool that provides an additional outlet for companies to sell their products or services. A business accepts payment in the form of barter dollars, script or trade credits instead of cash for sales. By accepting trade dollars, your business maximizes its efficiency in the following ways: - A faster turnover of inventory
- Slow moving or dead inventory is sold often at full price
- Idle employee time or billable hours become a profit center
- Bad debt or slow paying client problems can often be solved with barter
It is a fact that new customers will drive right past your competitors to make barter purchases from you. This is especially true during difficult times. Using the trade dollars earned, clients will purchase goods or services they want from you without paying cash. You will find yourself doing the same thing once you start trading. We have found that most members will increase trading after they see how easy cashless transactions are to complete and how much they improve the bottom line.
Barter Transactions are in the Billions According to the International Reciprocal Trade Association over 470,000 companies actively participate in barter for a total of over $12 billion in annual sales just in the U.S. An impressive majority of corporations listed in the New York Stock Exchange use barter to reduce surplus inventory and bolster sales. This keeps their production facilities running at higher more efficient capacity. Barter also reduces the amount of excess inventory that must be dumped at discount pricing. This also keeps their products out of dollar stores, eBay, overstock.com and similar venues where brand names can be damaged.
The U.S. Department of Commerce estimates that 20% to 25% of world trade is now barter and corporate barter has recently become a $20 billion industry.
Joining Barter PX is Good for BusinessTrade Your Way to Higher Profits
A BarterPX trade consultant works with you to bring your company new sales and increased market share. We help you move more inventory. Barter can minimize cash outlays for most business expenses you incur. Clients of a BarterPX exchange use trade dollars instead of cash for transactions. BarterPX gives you with a new sales force networked into the community.
More often than not you can charge regular prices for slow moving or overstocked goods. That beats discounting and your trade dollars are as good as Federal Reserve notes when making purchases. This is better than selling these goods for reduced cash rates or having them remain in your inventory unsold altogether. By selling slow and overstocked goods via barter you increase your buying power. We act as a third-party bookkeeper, providing you with monthly statements that reflect all trade purchases, sales and current trade-dollar balances.
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