Sunday 19 June 2011

The advantage of using barter exchange


"No matter what you have as an asset, nor what your wants or needs are, someone, somewhere needs what you have or has what you want and is willing to trade for it."

Barter exchange has several great advantages for you as a business owner. It creates possibilities which are not achievable without this service. Eurogain uses BBX barter exchange and we would like to share the top 7 of reasons to use barter exchange. This is so that you can benefit from it as well!

BARTER INCREASES SALES
Barter Exchange markets your company to other businesses who are members. Your company will secure incremental sales because of the demand of the buyers looking for barter opportunities from within the trade network. Businesses trade so that they can purchase what they need or want, and pay for it with the additional sales of their own product or service.

BARTER MEANS 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 Exchange client, they'll refer their cash-paying friends, clients, family and associates to you. Growing your business will always be tied directly to referrals from your happy customers. Additionally, barter revenue can be used for radio, television, print, direct mail, online campaigns and other methods of advertising to attract more cash customers and build your corporate awareness.

BARTER IMPROVES CASH FLOW

There are two main ways to increase cash flow - by increasing sales and reducing costs. Barter does both! Barter allows you to pay for what you need with what you have. When you re-roof your building, surface your parking lot, paint your offices or buy office furniture/equipment with Barter Points, you can use your cash to cover other important costs. When you purchase something using Barter Points, it will be paid for with new sales - sales that would likely not have happened without Barter Exchange.

BARTER PROVIDES A COMPETITIVE EDGE
Barter Exchange participants patronize your establishment 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.

BARTER MEANS WHOLESALE BUYING POWER

With barter, the real cost of the products you purchase on trade is actually the wholesale cost of your Barter Points earned. Making sales with built-in profits makes the cost of your purchases more economical on trade. When you join Barter Exchange, you open the door to a new, cash-free way of handling every day business and personal expenses.

BARTER CAN HELP COLLECT RECEIVABLES
A small business might find it hard to pay you in cash but would be glad to fulfil their obligation in product or services. Barter exchange can offer these goods and services and credit your account for the balance you were owed. Your uncollectable just became revenue that can be spent on a number of your business needs.


BARTER IS A GREAT WAY TO OFFER EMPLOYEES INCENTIVES
Do you offer your employees dental coverage? By using our member Dentists, you can provide a hugely 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 accessible to you without using cash and all based on the incremental business the Barter Exchange has brought you.

These are a few reasons for Eurogain to use barter exchange.

At Eurogain, we provide all our Company secretary services in 100% barter points. Are you looking for the assistance of a company secretary?

We welcome fellow BBX members who wish to take advantage of this offer to utilise their BBX credit points.

For more information please contact us:

EUROGAIN Group
Call: 603-9100 1050
Email:  info@eurogain.com.my
Contact: Kevin Kiew, Dennis De Witt or Felicia Lee

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