In the cash economy, to sell excess stock, a business would typically apply a discount, run dealer promotions, or write off excess stock as a loss. Bartercard helps companies put inventory, equipment, and employees to good use, converting downtime and spare capacity (think businesses who experience seasonal markets) into new revenue that would not have been available otherwise. It also provides a system to put that excess to use in profitable ways.
Through the Bartercard ecosystem, business owners can sell excess inventory at the normal selling price, negating the need to reduce precious profit margins (or de-value your product or service).
Use Bartercard to boost your hospitality business!
In a fast-evolving market, Bartercard offers a flexible business solution to attract customers, fill empty rooms, and increase cash flow. Members in the hospitality industry use Bartercard every day to take cash out of the picture and supplement their business.
“Hotels have the most perishable stock on the planet – if we don’t sell a room tonight, it’s never available for sale again. Most retailers, if they don’t sell their product today, it’s still available for sale tomorrow. This is not the case with hotels; the sale is lost. Bartercard is another tool we use to ensure those rooms are full and don’t sit empty.
“It’s become a really effective way of selling our facilities as it’s opened up a new market for us and has helped us secure guests that are not in the cash market.”
– Peter Tennent, The Devon Hotel New Plymouth
Sell Your Excess Stock
Bartercard provides its members with the tools required to sell excess stock and liquidate inventory, ensuring you maximise your returns and your productivity during slow periods and utilise spare capacity. In exchange, members receive trade dollars as payment, which, in turn, can be used on goods and services for their business.
Want to know more? Get in touch!
