Barter, The Electronic Handshake
Business owners are always looking for ways to lower expenses.
Bartering allows you to build your profit into your expense and
conserve your cash flow. It's just one more tool to use to
increase the chances of your company's success.
You gain more customers in the process because these are not
people that you would have normally done business with. You have
more to gain than just new customers, once you've bartered
successfully with another business owner, you open yourself up
to a new business relationship that can help your company grow
for years to come.
Bartering online makes it easy to approach companies that you
may never have thought of doing business with. Joining an online
barter club is a smart and simple way to find business owners in
your area willing to barter for goods or services you require.
Some companies deal with barter currency, others charge
membership or transaction fees and some provide their service at
no cost. The best suggestion I can offer is to shop around and
decide what is right for your company.
Whatever barter site you decide to deal with should provide you
with ample information on how their barter system works and
informative pages for people who may be new to the barter world.
If you are unsure of anything, it doesn't hurt to ask questions
before making the decision to join. How quickly and accurately
they respond is a good indication of how your concerns would be
addressed as a member in the future.
Many business owners who enjoy bartering are not just members of
one organization; you can join a few and start weeding out the
ones that don't seem to be working for you.
Be leery of hidden fees. Although a company may state that there
is only a one-time membership fee, as a member you may still
have to pay an annual fee or a percentage per transaction.
Good communication is the key to bartering successfully and a
declined trade shouldn't discourage you from contacting other
business owners. Be realistic in the value of services you are
offering and what you are seeking in return.
Remember that your success does not solely depend on the company
that you decide to join. You need to remain active in pursuing
trades because if little or no effort is put forth, then your
results will be of no accomplishment. If you pursue all possible
leads, you will gain all the benefits and rewards that bartering
brings.