Archive for the 'Barter News' Category
The advertising industry and barter are practically synonymous. Tradebank alleviates the cumbersome nature of managing direct barter transactions. As a Tradebank client, you are able to take full benefit of trading excess inventory without all the hassles associated with one-on-one barter. Furthermore, you are able to keep your sales staff concentrating on generating cash business and focused on client retention. In a tight economy when less and less is being spent in advertising, Tradebank provides our clients with the financial resources to keep their name in the marketplace. From the media’s perspective you are still able to do business with those companies who have rejected your cash proposals.
As a Tradebank client, our barter professionals act as your purchasing agent when you need to acquire products and services. This non-traditional revenue enables you to purchase advertising specialties, printing, property maintenance, office equipment, signs and banners, fine dining and entertainment and all the other products and services that “just aren’t in the budget”.
As a Tradebank client you have an alternate revenue source, and most importantly, someone outside your staff to focus on barter, allowing you to reap the benefits of barter without distracting you or your staff from making cash sales.
Whether you are in roofing, asphalt paving, plumbing, electrical, janitorial services, remodeling, lawn care or any service industry, your challenge is keeping your schedule full and generating income. Tradebank recognizes that idle time is lost revenue. Tradebank fills the empty times in your schedule.
As a Tradebank client you will work closely with our barter specialists to assist you in generating steady income for your business utilizing the resources barter provides: new sales, turning excess time into billable hours, keeping your staff busy and more productive, while conserving your cash and improving your bottom line.
Looking to grow your business? In addition to the new business you acquire by accepting Tradebank as an additional method of payment, the revenue you generate through Tradebank can be used to increase your name recognition and credibility in the marketplace through advertising and marketing opportunities designed to bring you additional cash customers.
We also know that happy Tradebank customers will refer additional cash customers to you and the more people who know you and the quality of your work, the better for your company’s growth. Besides advertising and promotional opportunities consider using your new Tradebank revenue for printing, accounting and legal services, vehicle maintenance, signage, uniforms and health care which are just a few additional ways you are able to turn your former “down time” into new purchasing opportunities and conserve your cash.
If you have time to accept additional business, then Tradebank has work for you.
Today, the home and garden industry is dominated by corporate stores with expansive advertising and marketing budgets and ad campaigns designed to capture the lion’s share of business in the marketplace.
This leaves other independent business owners in the home and garden industry with the dilemma of how to acquire new business without offering steep discounts or increasing their advertising and marketing budgets beyond their means. Tradebank provides that solution.
Tradebank clients receive additional new business, business that they would not have received if not for Tradebank. Tradebank clients use this new revenue on business and personal expenses, allowing them to conserve their cash.
Whether you have a need for new customers or a desire to move some of your excess inventory, Tradebank brings you the customers you need to allow you to start maximizing your resources and improving your bottom line. The wholesale purchasing power you acquire once becoming a Tradebank client provides you the opportunity to purchase your most common overhead expenses at your cost of doing business.
Overhead expenses such as advertising and marketing, printing, building and property maintenance, vehicle maintenance, health care and travel can all be purchased through Tradebank. Wouldn’t you rather purchase these items with new sales as opposed to your hard earned cash? Now you can with Tradebank.
Contact Information:
T: 888.568.5680
Tradebank client, Dr. Trella Dutton has structured her practice so that her patients receive the most up-to-date treatments and a less stressful experience when it comes to their dental care.
“I did not immediately see how bartering through Tradebank could help a dental practice, but with a little imagination, researching and thinking outside of the box, many opportunities became more and more obvious. The more acquainted that I become with Tradebank the more benefits I discover,” says Trella Dutton, DDS.
Just mention the word “dentist” and many people cringe. Some dislike the experience because they are afraid of pain and had past experiences that were unpleasant. Others know that the visit will cost them and don’t want to spend either their time, or their money, at the dentist’s office. Dr. Dutton has created her dental practice, Oasis Dental Services, to be able to address and alleviate a patient’s most common concerns. From a financial position, joining Tradebank enables Dr. Dutton to reach out to Tradebank clients and provide proper preventative care, treatment associated with periodontal disease, and cosmetic dentistry to those who otherwise may avoid visiting the dentist because they do not have insurance or the cash resources to pay for their care. “I joined Tradebank because it was recommended to me by a friend and marketing expert who said it would help increase traffic and overall awareness about my practice. It has,” explains Dr. Dutton.
She continues, “In addition, I want to provide my dental services in the most comfortable setting possible. Oasis Dental Services is a cosmetic and general dentistry dental spa. In addition to our general and cosmetic dentistry we offer complimentary spa procedures in a relaxed and soothing environment. We offer warm fuzzy blankets if you should get chilly. Warm neck wraps with lavender or cool eye masks to soothe tension. Some patients say the complimentary massage and warm paraffin hand wax really makes them feel cared for and pampered. It makes going to the dentist a little less stressful, too!
In this hard economy any money saved is beneficial for both my patients and me. In November and December I participated in Tradebank’s Holiday Trade Expos in Atlanta, Nashville, Knoxville and Chattanooga and met hundreds of Tradebank clients from across the southeast. I understand there is a bit of a learning curve and talking with other seasoned clients was a real benefit. My Tradebank Broker, Mike Hardin, has been especially helpful in always looking for things I can purchase with Tradebank that I would find useful in my office and will help me to achieve the long-term goals that I have set for my practice. So far, I have used Tradebank for gifts, dining and lodging. However, that is not the primary way I will be using the trade dollars. My office is evolving and discretionary cash is tight everywhere, but thanks to Tradebank I am now able to use my Trade dollars for billboard advertising, embroidery, T-shirts, advertising the practice, additional office furniture, logo design, organic soaps, coffees and spa products for my office. I can even use my trade dollars to acquire new dental equipment for y practice.”
Although many dental practices and dentists offer a more traditional approach to providing dental services, using trade dollars for dental and other medical care is another wise use of Tradebank. Tradebank is always looking to add additional dentists into our trading network. So if your current dentist is not a part of Tradebank please introduce them to your Tradebank regional owner, show them this article, and as Dr. Dutton recommends, “Save your cash, do your due diligence and give Tradebank a try.”
Contact Information:
Dr. Trella Dutton
Oasis Dental Services
T: 256.864.9571
Oasisdentalservices.com
In cash-strapped times, Tait Carson of Tradebank is building a cash-free economy in Orlando.
Businesses in the Tradebank network trade their products and services for “trade dollars,” which they can use to buy from any of the companies in the network — with a range of companies from, as Carson says, “accountants to zoos.”
The bartering system allows companies to do business with one another without using financial resources, something Carson said has become an increasingly appealing proposition in recent years.
When money was falling out of the sky three years ago, [businesses] weren’t really thinking of new ideas,” Carson said.
That was then. Now, just more than a year after he opened his Orlando office, Carson claims an ever-growing client list. According to Carson, more than 200 businesses signed up with him in his first year alone, making his the fastest-growing region in the national company’s 20-plus year history.
As the regional owner of Tradebank of Orlando describes it, the key to Tradebank’s success with bartering is that it doesn’t rely on one-on-one trades……
http://www.orlandosentinel.com/business/os-tradebank-fast-growing-region-20100310,0,948681.story
Matt Llewellyn, Managing Partner of 23rd Street Brewery, has been a Client of Tradebank for four years. Llewellyn states, “If you are not with Tradebank you really should be. It’s a great way to grow your business as well as saving on dollars that you might not want to spend on essential things.”
A savvy trader, Llewellyn explains, “The first place I call is Tradebank to see if they have anybody that I may be able to utilize that instead of using cash dollars I can use trade dollars for that kind of thing.
Llewellyn continues, “I certainly welcome anyone who comes into my restaurant and uses their trade dollars. The way Iook at that, it just saves me money in the long run because I am able to buy things that otherwise I might think twice about if my restaurant may truly need.”
Barter Business Opens in Colorado Springs
Tradebank of Colorado Springs offers businesses new ways of saving cash and promoting business
Colorado Springs, CO (January 27, 2010) Tradebank of Colorado Springs, a new franchise of Tradebank International Inc. (Tradebank), is now open for business. Regional owners Ross Porter and John Lynch have already begun educating local businesses on how to barter for products and services they would otherwise pay cash for. This announcement was made by Todd Gerry, President of Franchising for Tradebank International Franchising Corporation.
Hundreds of business owners and professionals are currently members of neighboring Tradebank of Denver, owned by Porter and his wife Jennifer since purchasing the existing territory in May 2009. They have seen tremendous growth in the last year—with a large boost in new accounts and a 150 percent increase in trade volume. “Businesses throughout the Tradebank network are enjoying the benefits of barter,” said Porter. “Barter can help reduce overhead, improve cash flow and increase cash profit. In any economy, barter is a win-win solution.”
Tradebank, overall, has experienced a 57% increase in new account sales last year and has seen volume go up by 11 percent. 2009 brought in more than T$40 million in trade transactions.
Prior to becoming regional owners of Tradebank, Porter and Lynch were both clients of Tradebank. Porter had been an active member of Tradebank for 15 years by bartering the meals at a restaurant he owned in the Atlanta, Ga., area. He now lives in Denver. Lynch bartered advertising opportunities with Tradebank as owner of Uview Media, a provider of “out of home” advertising. Since 1992 he has operated the company with his wife, Tiffany, a graphic designer. Lynch brings years of sales experience and a contact base of more than 200 restaurants and another 200 local business contacts to help build clientele in the Colorado Springs area. He now lives in Aurora.
“We will have a strong management presence in Colorado Springs on a regular basis,” stated Lynch who believes that is a key differentiator among competitors. “I’m excited to help other businesses the way Tradebank has helped my business grow over the past 14 years. Barter has helped reduce cash expenses, making a real difference in meeting our financial obligations,” he continued. “We’re focused on growing barter in Colorado Springs and building synergy with businesses in Denver and the thousands of other members in our network.”
”We are pleased to open business in such a great community as Colorado Springs,” stated Gerry. “Ross and John are coming into a great situation because along with an existing client base in nearby Denver, they bring a tremendous amount of barter and sales experience to the table.” Businesses can contact Tradebank of Colorado Springs by calling 719.232.5212 or e-mailing to rporter@tradebank.com or jlynch@tradebank.com.
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More About Tradebank
Tradebank International Inc. (Tradebank) is a privately held international trade exchange founded in 1987. Headquartered in Lawrenceville, Ga., Tradebank operates in more than 70 regions within 14 states in the U.S., Canada, Czech Republic and Slovak Republic. More than 11,000 Tradebank clients barter their products and services. Tradebank earned the Consumers’ Choice Award for 2009 in the “Barter and Trade Exchange” category and received the 10 Year Gold Award in 2009 for earning the award ten times. Tradebank International Franchising Corporation is the entity that was formed for franchising the Tradebank International Inc. concept. www.tradebank.com.
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Businesses of all sizes are scrutinizing expenses and cutting costs where they can.
Some costs of doing business — advertising, ordering inventory and construction — can’t be eliminated entirely.
That has led the Iberian Pig and others to a centuries-old idea they say helps in any economy: bartering.
Among them is Blue MedSpa, a four-year-old company that offers traditional spa services, such as facials, massages, liposuction and tattoo removal.
“Right now, it’s tough economic times,” said Scott Cooper, Blue MedSpa’s chief operating officer.
Like the Iberian Pig, the spa barters its offerings through the services exchange firm Tradebank International for things it needs, such as advertising. The advertiser is “paid” with credits that they can use to purchase services of another member firm in Tradebank’s network….
Bud Kottman, the owner of Slumberland Furniture, recently threw a customer appreciation breakfast, complete with pastries, coffee, and a waiter to serve it all. And he didn’t pay a cent for any of it. Instead, he spent “trade dollars,” currency he earned by bartering couches, mattresses, and other pieces of furniture.
With cash at a premium these days, more businesses are doing what Kottman does and bartering goods and services to other business owners. It can be done informally — two companies making an evenly valued trade — or in a more formal “exchange” by which companies earn barter trade credits that they can bank and use with any vendor participating in the exchange network.
Kottman has been bartering for more than a dozen years. In June he joined Tradebank International, a barter exchange, as a way to expand his barter network further than the friends and business partners he knows face-to-face. Since then he’s bartered furniture for advertising, new tires and oil changes for the company’s vehicles, employee incentives, a security system, and hotel rooms….
“Tradebank has been around since 1987,” Henry said. “I’ve been open here since June and we just hit 50 trade partners….