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Held in June 2016, the Bartercard New Zealand Mid-Year Trade Show welcomed over 100 exhibitors from around New Zealand to the ASB Show Grounds in Auckland.
To find out more about how Bartercard can grow your business visit www.bartercard.co.nz/Contact.html to fill out your contact details and a member of our team will be in touch will you soon, or call 0508 227 837.
Celebrating 25 years of growing New Zealand businesses. Grow your business, spend less cash. We’ve been doing it since 1992. Contact us today http://bit.ly/2zs8ESi
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Bartercard is quarter of a century old this month! Its doors officially opened on 1, November with its first transaction being processed the very next day with, still active member, Kennedy Furniture.
Founded in 1991 on the Gold Coast, Australia, Bartercard is the world’s largest trade exchange, attracting new customers and increases sales. The concept allows businesses to exchange goods and services without the use of cash. It has 6,000-member businesses across New Zealand, approx. 15,000 cardholders, 13 local branches, 110 staff and trades more than $150million worth of goods and services outside the cash economy each year.
Over the years Bartercard has made advances in technology, and innovation is key to their longevity and success. In 2016 they partnered with the popular Entertainment™ Book and have many affiliations with charities and sponsorship deals.
In 2010, the Bartercard Foundation was established as a registered charity to support those charities requiring wider national prominence for their great cause.
Unlike most charities who aim to pass on 80% of their donations to the cause, with 20% to cover expenses and other costs, 100% of the donations raised by the Foundation go to the chosen charity. Bartercard New Zealand pays for all the costs of operating the trust.
Bartercard aims to become the sales growth network of choice and we can see why.
Bartercard has been a great addition to our business, we use it for all manner of business expenses as well as the odd luxury item that pops up. Once we figured out how it would best work for us everything just fell into place. I would highly recommend Bartercard as a means of increasing your business income. The assigned territory trade brokers give you one point of contact and they are worth their weight in trade dollars, they make everything very easy.
– Gary Rainey, Manawatu region
Happy birthday Bartercard!
Does Bartercard Work? YES and It Boosts Business
Lower Hutt and Auckland businesses are the star big-city performers in New Zealand’s cash-free economy, while Selwyn is the top rural region.
Bartercard members in those three areas enjoyed the largest increases in sales in the year to June 2014, with some achieving growth of close to 25%.
Lower Hutt in particular has seen a surge in the volume of bartering businesses with growth that outstripped the Auckland region by over two percentage points.
Data analysed by Dr Paul Bracewell from Wellington-based Dot Loves Data shows the country’s non-cash economy is thriving, with more than $200 million worth of goods and services ‘bought’, ‘sold’ and swapped each year through the Bartercard network.
More than 7,000 businesses belong to Bartercard in New Zealand, with some of them having been in the scheme since it began 23 years ago. Memberships ranges from start-up companies to long-established family businesses and charities, some of which use Bartercard ‘dollars’ to pay for advertising as well as to ‘buy’, ‘sell’ or swap good and services.
Bartercard NZ CEO John Scott says the top five sectors active in Bartercard are professional services, hospitality, automotive, construction and building, and food and drink.
“Meanwhile, provincial areas experienced the greatest improvement in operating cash flow, particularly Bartercard members in Horowhenua, Manawatu, Mid-Canterbury, Southland and North Otago.”
Dr Bracewell’s analysis looked at the performance of more than 3,500 members who have significant sales or spend through Bartercard.
“Two thirds of our members have been bartering on our exchange for more than five years while 31% have been involved for more than 10 years,” says Scott. “They stay in the scheme because they know it works – and works well – for their business.
Top Performing Large Regions (Increased Sales) – Above Average Growth in Sales after 12 months
• Lower Hutt City (16.7%)
• Auckland (14.2%)
• Hamilton City (11.0%)
• Christchurch City (10.1%)
After Two Years:
• Auckland (15.5%)
• New Plymouth District (15.4%)
• Lower Hutt City (12.9%)
• Napier City (10.2%)
• Rotorua District (10.1%)
Top Performing Small Regions (Increased Sales) – Above Average Growth in Sales after 12 months
• Selwyn District (23.0%)
• South Wairarapa District (12.8%)
• Timaru District (12.2%)
• Waikato District (12.1%)
After Two Years:
• Kapiti Coast District (>25%)
• Marlborough District (>25%)
• Far North District (>25%)
• Central Otago District (17.7%)
• Western Bay of Plenty District (11.1%)
• Waipa District (10.3%)
Improved Cash flow: Top 10 areas to experience an improvement in cash flow over a 6-month period:
• Horowhenua District
• Ashburton District
• Southland District
• Waitaki District
• Manawatu District
• Rotorua District
• Dunedin City
• Central Otago District
• Wanganui District
• Nelson City
About Bartercard: Following Bartercard’s creation in Australia in 1991, Bartercard New Zealand became the first international licensee a year later. Since its inception, the Bartercard Trade Exchange has grown to more than 7,000 member businesses across New Zealand who buy, sell or swap over $200 million worth of goods and services outside the cash economy each year. Bartercard operates in New Zealand, Australia, United Kingdom, Thailand, United Arab Emirates, and Cyprus.
Orignal Source : © Scoop Media
Since its inception in New Zealand in 1992, Bartercard has become a familiar household name growing to over 6,000 member businesses across New Zealand and trading over $150 million worth of goods and services outside the cash economy each year.
Bartercard provides business opportunities to members by converting unutilised trading capacity and excess inventory into business opportunities with new customers. It’s world-leading, innovative trade exchange system allows over 24,000 member businesses in nine countries worldwide to benefit from the cashless economy of bartering.
While Bartercard may be a familiar name, you may not yet have heard about Ask Bartercard. Ask Bartercard is a new online hub dedicated to capture frequently asked questions about the network. It is an open and honest forum allowing anyone to ask anything about Bartercard. It’s also a great resource providing more information about what Bartercard is and isn’t, how to use it for business networking to build your business and how to trade effectively.
Once registered, users can submit their question and expect an answer within 48 hours. TheAsk Bartercard panel of staff review each question and will notify you before your question is published with an answer.
You can check out their FAQ page first, in case your question has already been answered. If it hasn’t, simply register/log in and let them know what you’d like to know! If your question is deemed offensive or not constructive, the Ask Bartercard staff will let you know that it will not be published, however your question will still be answered.
So, if you’re asking yourself, “Where can I spend Bartercard dollars, what is Bartercard, how does it work, what is the tax treatment?” or you’re unsure how to use it for business networking to build your business, just Ask Bartercard.
For further information on business networking, where can I use Bartercard and where can I spend my Bartercard dollars, please go to http://askbartercard.co.nz.
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