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How GBC Barter Works for a Retail Store Owner 

How GBC Barter Works for a Retail Store Owner  

In most cases, you’ll find that a barter exchange is a much better “deal” than a cash exchange. Take a sporting goods store that is closing its doors. Instead of selling its goods to a wholesale liquidator for cents on the dollar, the retailer traded its goods on GBC to a chain of fitness clubs, clearing its remaining inventory at full price.

The incredible strength of bartering excess inventory with GBC is that you are buying what you need with trade dollars that cost much less than an actual dollar. Think about it: The sporting goods that he would have received 20 cents on the dollar for from a liquidator are bartered for full retail price.  A liquidator offer of $2,000 in goods (20 cents on the dollar) is worth $10,000 trade dollars!

The retailer then had $10,000 dollars to use for barter purchases. He used these earnings to trade with a moving company to relocate to another area, plus he had money to hire a web designer to create a retail website, a radio station to advertise the new location and a sign firm to show off his store to its best advantage!

Bartering can put you in a position of great advantage when you have products you can’t move, excess inventory or unbillable downtime. In fact, it’s almost always to your best advantage in a situation where you would otherwise have to accept a lower price in cash. Trade can do wonders for your cash flow and improve how your business looks on your P&L.

Who doesn’t want to save cash? Who doesn’t want to purchase goods and services for 30 cents or less on the dollar?  If the outlay is your cost of goods or unused time and labor, but you are trading for full retail price, you are getting a tremendous bargain. Unsellable inventory or unbillable downtime (net losses) is converted into purchase power. It’s not long before you grasp the amazing potential of GBC membership: buying what you need for cents on the dollar, increasing your business exponentially through new customers and conserving your cash resources!

NEXT: How Barter Works for Web Company

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