How to use BB-Barters for better business results
Gain more customers
For you to gain more customers, you would typically hire additional sales people, advertise, reduce prices or offer incentives. By accepting an alternative method of payment i.e. BB-Barters tokens, you open up your business to a whole new market of customers and in turn gain a competitive advantage. The new customers you’ll receive from BB-Barters will be motivated to buy from you. This directly results in increasing your sales opportunities.
Reduce your cash expenses
BB-Barters enables you to increase your sales, and in turn, you are able to spend the trade tokens you earn, as well as your advance on barter sales, to purchase products and services for your business or improve your peers lifestyle.
Effectively, you are offsetting some of your cash expenses by using your tokens instead, therefore saving your cash.
Build new business networks
Since BB-Barters is a membership-based community there are many local and national networking events that are designed to provide introductions. Through new contacts, business is constantly being conducted through the trade exchange, and additional new cash referral business is reciprocated as a result of new relationships.
Sell excess stock
In the cash economy, in order to sell excess stock, and pay Inventory taxes at the end of the year, a business will typically apply big discounts, run dealer promotions or write off excess stock. Through BB-Barters, business owners are able to sell excess inventory at the normal selling price negating the need to reduce precious profit margins.
Improve the lifestyle of those around you
Generally, we're in business to make money to improve our lifestyle. If BB-Barters can help you earn extra income which you can use partly for lifestyle purchases, then its effectively helping you to achieve this primary goal. Many BB-Barters members are spending their tokens they receive from gaining extra business on either themselves or the peers around them . Some business owners choose to use them, along with their advance on their sales, to pay for a much needed holiday or weekend away. They may pay for other lifestyle expenses, such as dining out, clothing, entertainment, hobby equipment, gym memberships, massages, soft furnishings for their homes etc. All of which adds up to a greater camaraderie.
Fund capital growth
When you become a BB-Barters member, you can apply for an advance on business sales. In addition members are able to submit for an increase of it, subject to trading amounts, their equity and security.
With their advance on trade sales, BB-Barters members are able to fund the capital growth necessary to grow their business. Some business owners that applied for a substantial advance on trade sales, for example, can use this to purchase new factories and office premises, complete renovations or develop extensive marketing campaigns to grow their business.
Collect outstanding debts
When a BB-Barters business owner is having trouble collecting cash from one of their customers (debtors), they may offer to accept part or the entire amount outstanding from the debtor in products or services. Providing the debtor agrees, a BB-Barters member is able to collect their outstanding debt by taking physical possession of the debtor's products or by accepting a credit note which they, in turn, are able to on-sell through the BB-Barters network. As the BB-Barters member sells their debtor's products or services through the network, the debtor reduces the balance of their outstanding debt.
Incorporate Neo-Barter into your payroll
BB-Barters can help you attract the right people for the job and keep them happy with rewards paid for with Barter tokens rather than cash.
Choose from incentives such as holidays, gift certificates or restaurant vouchers to make your team feel rewarded and appreciated.
Expand your product line
BB-Barters members have the option to purchase stock from other BB-Barters suppliers at wholesale or retail rates, thus in turn, adding a new product to their product line which they can on-sell in the cash and/or trade economy. This option opens a realm of possibilities for BB-Barters members as they are no longer restricted to selling just their product but are able to sell other unrelated products.
Take control of your marketing strategy
By being a BB-Barters member, you’ll gain free local, national and international exposure through BB-Barters online directory, eCommerce platform, e-newsletters, Trade Shows and networking functions. In addition, you’ll have the opportunity to use your trade tokens to promote your business to the cash economy by spending on advertising and promotional items, sponsorship and public relations.
