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Ask Bartercard Explain How You Can Use Bartercard to Grow Your Business

Friday 19 October 2018, 2:12PM

By Beckie Wright

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As a small business owner, you may be looking for ways to do things smarter and more efficiently, and you may be aware of how valuable it would be if you were able to turn your unutilised trading capacity and surplus inventory, into business opportunities. This would be a step towards increased sales, improved cash flow, and retaining clients – always an attractive outcome as a business owner.

In this article, Ask Bartercard discuss how you can improve and grow your business, and will show you how to move excess stock effectively and attract good, loyal customers in the process with Bartercard’s help. Bartercard provides business opportunities to members by converting unutilised trading capacity and excess inventory into business opportunities with new customers, and their world-leading, innovative trade exchange system allows over 24,000 member businesses in seven countries worldwide to benefit from the cashless economy of bartering.

Bartercard helps New Zealand businesses grow and achieve financial success through bartering unfilled capacity through the Bartercard network using an electronic currency called a Trade Dollar. They also help companies put inventory, equipment and employees to good use, converting downtime and spare capacity (such as businesses who experience seasonal markets) into new revenue which would not have been available otherwise.

Bartercard’s large referral network allows members to increase their customer base and expand their geographic reach, and the new customers generated by Bartercard are on top of existing cash business, and therefore don’t interfere with existing business models.

You know that for most businesses, retention of good staff members is important but finding ways to reward staff that go the extra mile for the business without increasing wages or salaries can be tricky Using Bartercard Trade Dollars as employee bonuses, incentive schemes or gifts is an excellent use of Bartercard.

The Bartercard guide also explains the way you can easily implement Bartercard into your business, how you spend your Bartercard Trade Dollars, and provides tips on how you and your clients can get the most out of Bartercard. By using Bartercard you can open up your business to new customer markets, improve cash flow, reduce business expenses and clear idle and excess stock, without having to discount. It’s easy to use and acts no differently to a normal bank account or line of credit.

You can download the full guide for more indepth advice and guidance on how Bartercard can work for you, and for more information on where can I use Bartercard, where can I spend my Bartercard dollars and how does Bartercard work please go to http://askbartercard.co.nz.