How Does ITEX Barter Exchange Work for Small Businesses?
My goal here on this blog and my other site, 360BusinessReviews.com is to help small businesses get more exposure online, grow their cash business offline, and introduce them to alternative ways to produce revenue for their business. One such way to generate revenue that is rarely discussed is through a Barter Exchange such as ITEX.
ITEX is the largest barter exchange in North America with around 25,000 Members in the US and Canada. ITEX has virtually every business represented you could think of and has over 90 offices in our network.
We are building the Itex Franchise here in Birmingham AL but we work with clients across the county with joining Itex, producing Video Commercials and the SEO services that we offer.
But How Does Itex Work for YOU as a Small Business Owner?
If you own a small business with a decent profit margin, you owe it to yourself to investigate the advantages of joining the Itex Barter Exchange network. Itex will help you generate profit that you would never have received unless you were a member of the Itex community of businesses.
How Does the Itex Barter Exchange Help You Sell Products Nationwide?
If you have a product you can sell Nationwide, even better. Itex has a Marketplace that offers classified listings to help you promote your products and services to a National audience of small businesses instantly. As an Itex member you will have your own online account, the ability to post to our Marketplace classifieds section, and reach our 25K members that may just be searching for what you offer. If not, they watch the classified ads all the time for deals so don’t be surprised when your phone rings within hours of posting a listing.
I’ve sold thousands of dollars through the Itex online listing service and 100% of the time I listed items for sale.
The Itex Barter Exchange Network is great for getting rid of unused inventory such as jewelry, old cars, golf clubs, luggage, you name it. Itex gives you the ability to turn your excess inventory or services into trade dollars you can use to spend on things that you actually want or that can help you grow your business.
I put together some videos that do a great job of explaining how Itex works down below from a variety of business owners. Take a quick look at them and you’ll really see the power of Itex in action for saving cash, and increasing profits.
Dr. George Ghneim of Care First Animal Hospital in Raleigh, NC illustrates how joining a barter exchange brought them new customers and increased revenue, as well as how he spent his trade dollars to save cash in his business. Care First Animal Hospital was founded by Dr. Joseph Gordon, who has been practicing veterinary medicine for over 23 years.
A graduate of the NC State College of Veterinary Medicine, Dr. Gordon opened Oberlin Animal Hospital in 1988, and has provided outstanding care for many family pets in Raleigh, Cary and Wake Forest.
This membership allows them an advantage over their competitors, to earn business in areas within and outside of their immediate zip code, and through referrals of other ITEX members. An ITEX member won’t go to a big box store or even the veterinarian that is closer to their house, they will go where they can spend trade dollars. Veterinary hospitals can save cash in their business by utilizing barter dollars earned for advertising, maintenance, employee celebrations & benefits and so much more.
Itex Trade Exchange for Restaurant Owners
Tom Meyer of The Q Shack Restaurant in Raleigh, NC illustrates how joining a barter exchange brought him new customers and increased revenue, as well as how he spent his trade dollars to save cash expenditures in his restaurant.
Restaurant and hospitality owners in the Hoover, Birmingham, Trussville and surrounding areas are gaining new customers and earning supplemental income by joining a professional barter exchange. This membership allows them an advantage over their competition, to earn new customers in areas within and outside of their immediate zip code, and through referrals of other ITEX members. ITEX members will choose restaurants that are within the ITEX network over restaurants that may be closer or more convenient to their location because they would prefer to spend blue dollars and save green. These restaurant owners in turn can save cash in their business by utilizing these barter dollars earned for advertising, maintenance, employee benefits and so much more.
Itex Barter Exchange for Auto Repair Services
Linwood Piper of Piperformance, Inc. in Raleigh, NC illustrates how joining the Itex barter exchange brought him new customers and increased revenue, as well as how he spent his trade dollars to save cash in his business.
Traditional auto repair shops as well as specialty services such as transmission repair, tire rotation, automotive A/C specialists, glass repair and tinting, oil change & tune-up shops, collision repair and paint and body specialists, and many more- can save cash in their business by utilizing barter dollars earned for advertising, maintenance, employee benefits and so much more.
Transacting with ITEX is very simple- every member has a unique account number and is issued checks, which can be authorized 24/7 through a touch-tone system, logging on to your ITEX.com account, or calling our local Birmingham AL office at 205.390.0005. Even customers that file a claim through their auto insurance company can pay their deductible using ITEX dollars, the rest of the claim is filed as it would be for any other transaction. So auto repair specialists will experience the same ease-of-use and also have the support of a local office for assistance with processing transactions and managing their barter account.
Supplemental revenue is accrued that can be spent on services that any of our member businesses may provide, such as : signage, print work, web & graphic design, social media & SEO, attorneys, bookkeepers, CPAs, IT & computer repair, business coaches, cleaning, landscaping, automotive, contractors, and more. Plan a Christmas party and have it catered and hosted at one of our many venues, even arrange transportation!
We have seen clients plan their entire children’s wedding or paid for braces on their teeth- many unexpected and large expenses for which they were able to spend barter and save cash. We even have restaurants, hotels, resort properties and many other exciting ways to spend barter dollars and save cash! With over 100 ITEX offices across the country, your barter dollars can be spent among any of the national ITEX members with no additional transaction fees.
Interested to learn more about the ITEX trading community, and how barter saves cash? Join the thousands of real business owners that have benefitted from participating in the ITEX barter exchange by calling us today at (205) 390-0005 to get started.