Philip Jubb

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The Finale – Barter Basics – How Barter Expands Profits For You

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THE DEFINITIVE GUIDE TO GETTING RICH EXPLOITING BARTER!

The Finale – Barter Basics – How Barter Expands Profits For You.

Barter is an industry that has been around since the dawn of time. Many communities still use the techniques of direct barter in which one person trades their item for another person’s item. And along came trade exchanges that changed the whole game.

Direct Barter – No Longer

No longer did you have the drawbacks of direct barter. Gone are the days where you HAD to find someone who wanted what you needed, and needed what you had. Now you can sell whatever you have and purchase what you need from anyone in the trade exchange.

There is also no insurance one person will go through with the trade. If it is a product or service to be delivered overtime, there is no one there to ensure that the transaction is completed. With trading with a trade exchange, there are methods of recourse should one person not deliver on their end.

And like with most things, one person may end up feeling they got the short end of the stick, which means they will be unlikely to trade again. Within a trade exchange this does not occur, because the traders are each given trade credits for the actual value of their items, which they can then turn around and use to purchase exactly what they want. And this method encourages the continued use of trade because no one is left with a bad taste in their mouths about the dealings.

Should I Barter? What’s In It For Me?

The biggest question now would be, why should YOU and your company use a trade exchange and barter?

There are actually many different benefits to barter for any business, by the largest benefits are to those in early start up or those that are in need of more cash flow within their current businesses.

Barter can help you to attract new customers and generate new sales.

Other members are already looking to spend their trade dollars, and they are looking to spend them on anything they may have spent them on in the cash world. They already understand the benefits of barter, the leverage that is created with it, and therefore use it whenever and where ever possible, instead of paying cash. So you already have a captive audience just waiting for your business to join, so they can spend trade dollars with you, instead of cash to someone else.

You get access to your own one man, or woman, sales force. They market your company to other members of the trade exchange, through word of mouth, through weekly hotsheets, and simply daily conversations. Someone calls in looking for a specific service and the trade director can let them know that your business is a member of the exchange, and suddenly you have a new customer, you may never of had otherwise.

Trade exchanges only make money when you are making trades. Yes, they charge an association fee, but it is minimal, and no where near enough. Instead, they make a percent commission on both your buys and sells, so it is in their own best interest to have you making deals day and night. You are the food on their table, and unless they work for you, they make nothing, talk about incentive.

They can also help attract cash business. When someone uses your services on the trade exchange and the deal goes well, and they are happy with your company, word of mouth marketing kicks in. Suddenly, from your use of barter, you now have a new influx of cash customers as well.

Not to mention, some trade exchanges also have advertising co-ops. Now the great thing about an advertising co-op is, that if you purchase your advertising with trade dollars, and place the logo in the corner of you ad, for the trade exchange, you are eligible for up to 50% of the cost of the advertising back into your trade account. So now, not only are you maximizing on the leverage of barter, but you are also only paying half as much TRADE dollars for your advertising. Talk about a great deal. And then, because of the advertising you got such a great deal on, you will profit even further by getting more cash customers. It works on so many levels, it will have you shaking your head wondering why it took you so long to take advantage of such a wonderful business tool.

Idle Inventory And Time Is Money Lost

Inventory that sits on your shelves, or time your employees are not doing anything, is money lost. As your inventory ages, in most companies, you are losing money. It becomes last seasons merchandise, it becomes an outdated product, and suddenly you are forced to reduce prices just to get it to move. Not with a trade exchange. Many people are happy to pay full retail prices, on trade, even for last years model or style. Many cannot afford to play keeping up with the Jones’ and are very happy to purchase your product. And now instead of the clearance amount, you are getting FULL retail price.

And then is the case of idle time. Time not used is time forever lost, you cannot go back and fill those spaces, but a trade exchange can fill them in the here and now.
New Markets A Plenty

One of the biggest issues for getting new clients and customers is the limitations of localization, in other words your only market is often the one right where your business is located. Imagine tapping into thousands of new customers, simply by listing your products on the trade exchange that you suddenly have THOUSANDS of new potential customers. That you have a brand new base of people, who may never have even heard of your company before the trade exchange.

Not to mention the advertising again. By advertising with trade dollars you may be able to expand your market share and gain new CASH customers you may never have had, without the advertising and without the trade exchange.

Plus by listing your business in the trade directory, it is like having your very own Yellow Page listing, that you never have to pay for, and can edit and change whenever you want to. This can help you gain new customers immediately, right within the trade exchange.

Leverage Your Way To The Top

Trade sales represent sales you would not have otherwise had in your business. They represent sales on items you would have cleared out, and reduced your profit margins on, they represent the times you never would’ve filled, and the idle time you would have permantly lost.

The only additional cost, is called your cost of sale. In other-words, the cost of your commissions to your broker, and whatever your widget cost you originally. Your overhead would’ve been there with or without the trade customers, so the only difference is your cost of sale. And when you purchase something with your trade dollars you are now getting a savings, sometimes as high as 85%! Money saved is money gained. You can now use the additional 85% to go purchase something else your business could use or need. This is the perfect situation for a start up or small business. Who couldn’t use an extra 50%+ cashflow when they first began their business, or even in a well established business.

How Leverage Works For You

Dependent on how much your product or service costs you, actual cost, compared to the retail price of it, determines your leverage. If your item costs just 30 cents, and you can sell it retail for $1, you are working with a 70% leverage! It saves you money, and makes you money.

Businesses Sink And Swim On Their Cash Flows

Every dollar of trade you spend, that would’ve been spent with cash, saves your cash flow. Every trade dollar used instead of a cash dollar, leaves that cash dollar in your businesses pocket. This makes it so you have more cash for the items your business needs that you cannot get on trade.

Barter Can Make Your Personal Life Better Too!

Money doesn’t just have to be saved for your business. IT can also be saved in your personal life. Think of the vacations you can use your leverage for, the jewellery, and pretty much anything else. Say you need dental work in the range of $10k, with leverage you could knock that down considerably. Remember your leverage, if you are working with 85% leverage, that $10k dental work will now only cost you $1,500. See how well it works! And the money saved there can be used to leverage your lifestyle. You can purchase properties, vehicles, and all sorts of services.

SO WHAT ARE YOU WAITING FOR FIND OUT WHAT MAKES BARTER BEST BY SIGNING UP TODAY!

Philip
P.S. Ok. Thats it. No More. If I have succeeded in interesting you Modern Day Bartering “CLICK HERE” for more.
P.P.S. Absolutely no more on Bartering I promise. I’m going back to books I think.
Of Course one COULD and SHOULD Barter your Books :)



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Written by Philip

February 17th, 2010 at 4:44 am

Barter Is Better, Use It Today

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Barter Is Better, Use It Today

Many people have steered clear of barter due to common myths and misconceptions about the industry as a whole. Things are changing though. More and more people are turning to barter as a result of the current economy, and this makes barter the place to be.

With everyone’s cash flow shrinking, people and businesses alike are cutting cash costs. If they don’t need it, and don’t need it now, they won’t purchase it. They are holding onto cash tighter than ever. Services that used to be regularly purchased are no longer purchased and even things like hair cutting etc can be considered an added expense, that cannot be afforded. But bartered for, and suddenly they are more willing to do it.

Barter companies are cutting fees and waiving application fees. Since cash is tight, even trade exchanges are now offering special deals to new members. Join today for free. No trading fees for 6 months and more great deals. So when better to jump into barter, then when the industry is begging for you.

You don’t have to even join a trade exchange anymore! More and more sites are coming online that allow you to conduct direct barter transactions. (Proceed with caution on these deals, they are very much buyer beware) So if you aren’t ready to take the plunge with organized barter, you can always try your hand at direct trading till you understand the benefits of barter and trade.

As the value of the dollar decrease, the worth of trade increases. With the dollar dropping, instead of taking a loss on previously purchased items, many people are looking to trade exchanges as a way of still getting the full value of their items, even if it means in trade dollars.

And with more people joining exchanges, and bartering, you have a better chance now of getting the items you want. A bigger marketplace, brings things closer to the cash marketplace, allowing you to get even more of your daily or business items for trade, instead of cash.

Barter is better in many ways with today’s economy and mindset. With creativity and a little trial and error, anyone and any business can increase their cash flow and income by using trade effectively. The days of direct trade face to face are gone, and in it’s place is a modern evolved solution, which can be one of the greatest tools of the trade!

Philip
P.S.
I hope you enjoyed the short series on Barter! I did :) :) As usual for more info “CLICK HERE” or load http://philipjubb.com/barter/ into your browser



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Written by Philip

February 17th, 2010 at 3:24 am

Barter, Think Smarter, Source For

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Think Smarter, Learn To Source For Barter

Got nothing to barter? Think smarter. There are plenty of places where you can pick up great deals that you can leverage into things you can use. With a little creative thought, and treasure finding skills you can create a whole wealth of items for very cheap. Think you have nothing to barter with? Let’s get you your treasures today.

Start watching the online marketplaces. Places like Craigslist and eBay can provide great little deals at really low prices that you can leverage into bigger items on trade exchanges. Pay attention for the deals, where the seller doesn’t realize the value of the item they hold.

Go thrift store shopping. Travel a lot? Check out the thrift shops in the smaller towns and neighborhoods you pass through. You can find some great little deals, priced really low, because they have a lack of customers. Thrift stores in larger cities can be perfect for finding the great deals, go on one of the special sale days and you could walk out with quite a bit of barter treasures, perfect to leverage your way to what you want.

Garage sales. These can have untold wealth. Lots of people hold moving sales and garage sales which are used for them to get rid of stuff they no longer need may be willing to part with items they wouldn’t normally sell. And with garage sales you also have the chance to bicker over price, so you could reduce the price even further and gain even more leverage from the items.

Flea markets. A treasure trove in one place. Plenty of little shops and speciality stores in one spot, perfect to spend a weekend browsing through. Make it a weekly event and you could start grabbing deals on a regular basis.

Specialty shops. Every city has a few specialty shops. In them you can find many great one of a kind items that will easily go for hundreds of dollars on the trade exchanges. Make a day of it, and check out the shops in your town you never knew existed.

Items to barter with can be found everywhere. With a little creative thought and time, you could easily and cost effectively leverage and trade your way to items you want or need. One man was able to do this to go from a little red paperclip to a house! You can do this too, if you know where and how to find your treasures.

Philip
P.S. You see Bartering can be fun! More info can be gained by “CLICKING HERE”. or loading http://philipjubb.com/barter/ into your browser.



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Written by Philip

February 17th, 2010 at 2:15 am

Of Bartering, 5 How To’s

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Of Bartering, 5 How To’s

There are many ways barter can help someone, or a business, get what they need, in exchange for what they no longer want or need. The how to’s of barter are really quite simple. Some may make you go duh while others may have you wondering, why didn’t I think of that?

Be flexible in your thinking.

Barter can take a little thinking outside of the box. Once you begin to think barter, you will find everywhere you turn there is a chance to barter and leverage your way to what you want. A big part of being successful with barter, is getting into the mind-frame and realizing you can get anything you want or need with barter, with a little flexible thinking.

Get creative.

Sometimes it may take you making triangulation deals. Take something you want trade it to the person who wants it, and has the item that someone else wants. Then take the new item to the person who wants it and has what you want. A simpler way to do this of course is by joining a barter exchange or community trade membership where you can trade whatever you have for trade dollars you can spend later on something you want or need.

Give yourself time.

Just like in everything, desperation will make it more difficult for you to close deals and think barter. When you are having to do something because you need to, you may make a trade you may not have simply because of the need. Which leads us into the next one.

Wait for what you want.

By giving yourself time, you also give yourself the time to wait for the deal you need. Some of the greatest deals will appear when you have no trade credits or are just generally out of the game, by ensuring you don’t spend your trade dollars foolishly, you will make better business deals.

Stay on top of the deals.

If your exchange is updated daily, make sure you check it daily at least. The best of deals will always go quick, so you need to be quick to get in contact with the seller. Or develop a good relationship with your broker or trade director, so that they know what you want and are able to pull the trigger for you, if it’s alright with you, and you’ve given them the prior okay.

Barter can be very beneficial when done right. Forget what you thought about barter, and take advantage of what modern day barter and trade exchanges have to offer.

Philip
P.S. Bartering done properly is fun! For more info “CLICK HERE” or load http://philipjubb.com/barter/ into your Browser



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Written by Philip

February 16th, 2010 at 2:14 am

Barter Successfully, How To

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Barter Successfully, How To

Bartering can be a great business asset, if used correctly. If not, you could end up with the short end of the stick, and a bad taste for barter. Learning how to barter successfully can make a big difference.

First assess your business for what you can barter with.

What items do you have a larger margin on? Would these be items you would be willing to trade? The larger the margin you have the better leverage you create when you turn those items into trade dollars, therefore the better rate you will be getting when purchasing items using those trade dollars.

Be clear in what items you are willing to barter, and which ones you are not willing to barter. Make a list and stick to it. Some things will make sense to trade for, others where you have a very small margin, do not make sense to barter with.

Looking to do direct trades? Here’s a few more tips to help you trade successfully.

Only barter if both of you need each others services immediately. Having something usable down the road is great, but you come into the risk of the other party not fulfilling their part of the agreement.

Get specific. Don’t generalize when discussing your trade agreement. You want to ensure that all cards are on the table and both parties understand exactly what they are trading and exactly what they will be recieving in return.

As is good in any business transaction, keep communication open. If you close off the lines of communication, the trade could go sideways and you could end up with a bad deal. If you do not feel their side was adequetly met, make sure you let them know and they can help resolve the situation, instead of anyone walking away with sour grapes over the deal.

Maintain records of all trade deals completed. Barter and trade is often taxable in the same way as cash transactions, so it is important to keep track of all barter deals for tax season.

With a little business saavy and common sense, barter can be a successful experience for all parties involved. Direct trade can be risky, whereas barter and trade exchanges offer you more protection against trades going bad, so as always proceed at your own risk and do your homework first and your first trade and all that follow can be best for your business.

Philip
P.S.Find more on Bartering “Click Here” or load http://philipjubb.com/barter/ into your browser.



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Written by Philip

February 15th, 2010 at 6:05 am

Bartering, Benefits Of, You Should Be Using It!

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Bartering, Benefits Of, You Should Be Using It!

Forget chickens for goats, and other archaic methods of bartering. Barter is alive and strong, especially in today’s economy, and will be here for many years to come. There are a great many benefits to bartering as a whole, and numerous reasons why you should be using it, whether you own a business or not!

Conserves cash.

That’s right. Every-time you complete a trade transaction, you did not have to pay cash out of your pocket for that item. Cash is the life of a business, without a positive cash-flow a business cannot survive, so by bartering you can conserve cash for the items you cannot trade for.

Gets rid of surplus.

Plenty of companies have surplus lying around that they cannot liquidate. This is stale merchandise, that is only COSTING the company money. It is costing money in taking up space that could be used for sell-able items. Things that won’t move in the cash world have every chance of moving in the trade world. So now you can get rid of the things you don’t need, by trading them for the things you do need.

Lowers downtime and unused capacity.

When a hotel room sits empty, it isn’t making anyone money (and in some cases is actually losing the company money!) With barter and trade, a company can fill the rooms with clients, and create trade dollars that can be used to purchase more needed items, making it a double win situation for the business.

Creates more customers.

What someone may not be willing to pay cash for, they may be willing to trade for. Many companies utilize leverage in creating trade dollars, therefore the $1 they spent, did not cost them $1 to create, so they are leveraging their time and resources into larger amounts, that benefit them better in the long run.

Creates cash sales and transactions.

Like in the example of the hotel, though they may pay for the room with trade, the room service, the valet and the numerous others ammenities they use in the hotel they pay cash for. Which is bringing more cash into the business than would have originally been there than if the room sat empty. These cash transactions of course help with the cash flow of the business and in turn help the business survive.

As you can see there are many benefits to barter, but this is just the start! There are many other ways trade can benefit a company or individual.

Philip
P.S. For further info on what is an intriguing topic “Click HERE” or load http://philipjubb.com/barter/ into your browser



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Written by Philip

February 14th, 2010 at 11:58 am