About Marketplace - What it is and WHy it's Good for Business
Marketplace Barter Exchange is a business-to-business network that facilitates the trade of a diverse range of goods and services between its member businesses, without the need for them to spend the full cost in cash.
Instead, businesses sell their services and products FOR Marketplace Trade Dollars, which gives them credit to use with other businesses in the trading network. This allows Marketplace's members to increase their turnover, save cash and boost their profit.
As an Marketplace Member, you can barter your excess capacity, empty rooms, unfilled advertising space or slow-moving stock at full price, and use the credit to purchase things that you normally pay cash for.
You can earn barter dollars without having to first find a specific product or service provider with whom you can barter - it is just stored as a credit for later use. You can even purchase before you earn trade dollars in some cases, as an interest-free finance facility is available to approved customers.
Your products or services are listed on the trade exchange for other members to buy, and you can find other members to purchase from. Marketplace actively promotes its members online and through An online marketplace and downloadable directory, and aims to build new business relationships between its members. Marketplace also acts as a purchasing agent for customers looking to find specific products or services within the exchange.
"WHEN YOU SPEND USING BARTER MARKETPLACE, YOU GET YOUR MONEY'S WORTH, YOU GET YOUR MONEY BACK LATER, AND YOU GET A GROUP OF LOYAL CUSTOMERS WHO WILL COME LOOKING FOR YOU, PAY IMMEDIATELY, AND KEEP COMING BACK"
Trade Dollars are accepted by a diverse range of businesses in many different industries and over several countries. Marketplace acts as a central 'record keeper' for the credits and debits taking place, just as a bank would in the cash economy. In fact, in most respects Marketplace is like a bank, but with the added benefit of bringing its members a new group of loyal customers.
The simplest way to think about bartering is this: when you spend a dollar, you get your money's worth - but when you spend an Marketplace dollar, you get your money's worth, you get the dollar back later, and you get a group of loyal customers who come looking for you, pay immediately, and keep on coming back.