Benefits for Individuals and Companies
Get these benefits and enhance your business profits, cash flow and liquidity by joining Barter Rewards:
There are many good reasons why more and more doctors, medical providers, advertising, contractors, hotels, restaurants, retail and businesses worldwide are bartering their products and services, but underlying them all is one fundamental business motivation; businesses profit. Airlines and restaurants can fill empty seats, hotels and resorts can fill empty rooms, printers can fill press downtime, professionals can fill empty time slots, health care professionals can treat new patients. Business owners and professionals can then take this newfound revenue and reduce cash expenses or expand their operations. Businesses across the world are taking a serious look at barter as a way to build their bottom line, and the rapid growth of the online barter industry can only mean that business owners like, what today’s barter industry has to offer.
Barter Rewards markets your business to other Barter Rewards member businesses in the online member directory, weekly email and through our Trade Brokers. Your business gets incremental sales from buyers looking for barter opportunities within the Barter Rewards network.
New Cash Sales
The number one source of advertising for small businesses is “word of mouth.” If you do a good job for a Barter Rewards member, they will refer their cash-paying friends, customers, family and other businesses to you. Additionally, barter revenue from the incremental sales that Barter Rewards will bring you can be used for radio, television, print, direct mail, outdoor, online campaigns and other types of advertising to attract more cash customers and build your brand.
You can improve cash flow by increasing sales and reducing costs. Participating in a barter exchange does both! Barter enables you to pay for the products and services you need with what you have. When you hire a contractor, paint your office, or buy office supplies with barter dollars, you conserve your cash to pay other expenses. And, when you purchase using Barter Rewards barter dollars, you pay for it with revenue from new sales – sales that you probably would never have had.
Reduce Excess Inventory And Monetize Idle Time
Every business owner has excess inventory, production, capacity or appointment time. That unscheduled appointment today has zero value tomorrow. When you join Barter Rewards, we provide you with new business to put your excess to use in profitable ways. We accomplish this by matching your product or service with businesses looking to purchase them on trade.
Wholesale Buying Power
With barter, the actual cost of the products you purchase on trade is the wholesale cost of your barter dollars earned. Making sales with built-in profits makes the cost of your purchases more economical on trade. When you join Barter Rewards, you open the door to a new, cash-free way of handling every day business and personal expenses.
Provides A Competitive Edge
Barter Rewards members will patronize your business over the competition because your barter affiliation is an incentive to do business with you. Barter attracts new customers to your business, without affecting the existing cash sales already being generated by your company.
No Bad Debt
Barter Rewards eliminates collections. When you make a barter sale to a Barter Rewards member, you process the transaction using a touch tone phone or online postings to verify that the buyer has the barter dollars available to pay for their purchase.
A small business might find it difficult to pay you the cash they owe, but would welcome the opportunity to fulfil their obligation with payment in products or services. Barter Rewards members can then offer these goods and services to Barter Rewards members for barter dollars which get deposited to your Barter Rewards account for the balance you were owed. Your uncollectible receivable just became revenue that can be spent on a variety of business expenses.
By using Barter Rewards member dentists, you can provide a much appreciated benefit to employees without having to pay cash for it. Barter is also a great way to offer contest prizes, bonuses, wellness programs and tickets – all available to you without using cash, and all based on your cost of the incremental business that Barter Rewards has brought you.