Barter Increases Sales
Hudson Barter Exchange markets your company to other local businesses who are HBX members via our membership directory, regular emails, quarterly mailers, and through our trained Trade Brokers. Your company will secure incremental sales because of the demand of the buyers looking for barter opportunities from within the trade network. Businesses trade so that they can purchase what they need or want, and pay for it with the additional sales of their own product or service.
Barter Means New Cash Sales
The number one source of advertising for small businesses is “word of mouth.” If you do a good job for a Hudson Barter Exchange client, they’ll refer their cash-paying friends, clients, family and associates to you. Growing your business will always be tied directly to referrals from your happy customers. Additionally, barter revenue from the incremental sales that HBX will bring you can be used for radio, television, print, direct mail, out-of-home and online campaigns and other methods of advertising to attract more cash customers and build your corporate awareness. We will go out and earn the advertising budget for you to spend to build your cash sales…a huge advantage you have over your competitors!
Barter Improves Cash Flow
There are two main ways to increase cash flow -by increasing sales and reducing costs. Barter does both! Barter allows you to pay for what you need with what you have. When you power wash your building, hang new signs, paint your offices or buy office furniture/equipment with Hudson Barter Dollars, you can use your cash to cover other important costs. When you purchase something using HBX Barter Dollars, it will be paid for with new sales – sales that would likely not have happened without Hudson Barter Exchange.
Barter Moves Excess Inventory & Fills Idle Production / Appointment Time
Every business owner struggles with the dilemma of what to do with extra inventory or idle production/appointment time. That unscheduled appointment today has no monetary value tomorrow. When you join, Hudson Barter Exchange provides you with extra business to put that excess to use in profitable ways. We accomplish this by matching your product or service with businesses looking to purchase them on trade. It’s a win-win situation.
Barter Provides a Competitive Edge
Hudson Barter Exchange participants patronize your establishment over the competition because your barter affiliation is an incentive to do business with you. Barter attracts new customers to your business, without affecting the existing cash sales already being generated by your company.
Barter Means No Bad Debts
Hudson Barter Exchange trading takes the hassle out of collections. When you make a barter sale to a Hudson Barter Exchange client, you call in advance for authorization to verify that your client (the buyer) has the Barter Dollars to pay for their purchase from you. Then, upon order completion or delivery, a simple signed transaction slip submitted to Hudson Barter Exchange will confirm the transfer of funds. It’s that simple.
Barter Means Wholesale Buying Power
With barter, the real cost of the products you purchase on trade is actually the wholesale cost of your Barter Dollars earned (what is your net cost for each dollar earned?). Making sales with built-in profits makes the cost of your purchases more economical on trade. When you join0 Hudson Barter Exchange, you open the door to a new, cash-free way of handling every day business and personal expenses.
HBX Makes Record Keeping Easy
In a sense, Hudson Barter Exchange works much like a bank, providing control, record keeping, and administration for your barter activities. Direct trading often becomes cumbersome at record-keeping time. With Hudson Barter Exchange’s convenient clearinghouse concept, there’s no need to keep track of the dollars traded. Hudson Barter Exchange uses advanced software to track all of your barter sales and purchases and provides an easy-to-read itemized monthly statement. HBX will also send you your 1099B form in February for tax reporting.
Barter Can Help Collect Receivables
A small business might find it hard to pay you in cash but would be glad to fulfill their obligation in product or services. HBX can offer these goods and services to our membership and credit your account for the balance you were owed. Your uncollectable just became revenue that can be spent on a host of your business needs.
Barter is a Great Way to Offer Employees Incentives
Do you offer your employees dental coverage? By using our member Dentists, you can provide a hugely appreciated benefit to employees without having to pay cash for it. Barter is also a great way to offer contest prizes, bonuses, wellness programs and entertainment- all accessible to you without using cash and all paid for with the incremental business the Hudson Barter Exchange has brought you.
At Hudson Barter, we believe the possibilities are endless and we will do our best to find our members a willing trading partner.
Here are some things you can
trade for as a member:
Barter for Business
Auto Body Work
Carpet & Tile
Computer Equipment & Repair
Construction & Remodeling
Copiers and Service
Heating and Air Conditioning Service
Office Space Rental
Search Engine Optimization
Voice & Data Cabling
Barter for Personal Use
Arcade Games & Juke Boxes
Art & Framing
Carpet & Tile
Country Club Memberships
Day Spas & Salons
Decks – Building & Sealing
Glasses / Sun Glasses
Hot Tubs & Spas
Tickets – Concerts, Theater,