Turn Barter Dollars into Cash
We believe that virtually every merchant regularly pays cash for something that could be purchased with Barter Reward Dollars. What a great concept, Barter dollars earned from processing credit cards or selling in the Barter Marketplace now become cash in your bank or inventory to be sold. Those items are then be resold for cash. If you cannot find a product you can sell for cash yourself, a BarterPX customer service concierge is happy to assist you.
For example, one of our merchants is a magazine. One of their major expenses is color separations. We found another business that does separations and signed them up specifically for the magazine merchant. The pre-press company does the separations and film for Barter Reward Dollars and the magazine charges cash for this service to their advertisers. With the help of a BarterPX customer, service concierge the magazine turned its Barter and Reward Dollars directly into cash.
The color separations were an established part of the magazine's fixed cost so it was fairly simple to recognize the opportunity. Creative merchants can also develop new product lines or new ways of doing business that turn Barter Reward Dollars into cash.
Barter Makes Business Better
In another example, a parking garage teamed up with an oil change and auto detailing company. Parking customers find it convenient to drop their cars off and loved these new time-saving services offered by the parking garage. The parking garage pays for the oil change and detail services with Barter Reward Dollars, then charges cash to its customers. In these cases barter not only became cash but completely new revenue streams with winners at every point in the transaction.
Get creative, use Barter Dollars earned from processing credit
cards to buy goods or services
that you sell for cash.
With the help of a BarterPX customer service concierge the garage owner found a way to offer new services and generate new sources of cash flow funded completely on barter Dollars. Additionally the oil change company is able to obtain oil with barter dollars and the car detailer is able to buy soap with his newfound barter money. These of course are major cash expenditures for these companies and now those cost are offset with barter, that offset money now goes to the bottom line. Further, we do not want to forget the new customers from the garage...customer they never would have seen.