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Barter in the News

The viability of the barter industry, as well as the features and benefits of membership in a trade exchange, have been profiled by such national media outlets as The Wall Street Journal, CBS News' The Early Show, Kiplinger's, Costco, Family Circle, Good Housekeeping, and Opportunity magazine. Here are some excerpts from these and other news articles:

"Barter gives clients a competitive edge. Barter network members tend to shop within the system first, and satisfied barter customers make referrals to cash customers." - Kiplinger's

"More and more women are bartering for everything from pet-sitting services to airline tickets. To get the most out of barter, you must have a talent or product that other people want. Services can make even better swaps than products because they're a renewable source." - Family Circle magazine

"Barter exchanges help cash-strapped entrepreneurs stimulate sales, develop new clients, convert excess capacity or inventory into revenue, and acquire goods and services needed to conduct a business. The most important benefit of barter is cash conservation: keeping cash in the bank while using barter revenue to offset normal operating costs." - Nation's Restaurant News

"Evolving from one-to-one trades among businesses, bartering now mainly takes place through large exchanges in which businesses receive trade credits instead of cash that they can spend on a multitude of items from other firms. Even large corporations increasingly are using barter networks rather than handling excess products over to liquidators." - Chicago Tribune

"Experts estimate that millions of companies, especially young ones, employ barter as a regular or occasional business tool. Barter provides one important benefit: helping companies dispose of excess inventory by trading it for valuable goods or services. That can be especially useful for startups whose markets aren't developed enough to consume all their capacity." - Entrepreneur.com

"If you're low on cash and up for new business, bartering for goods and services can be a shrewd business move." - BusinessWeek online

Testimonials

Motor Vehicle Network

We use our barter wisely, and BNI has given my company the ability to trade for most of our business expenses. From marketing materials to office equipment to hotel rooms for travel, bartering has helped us to grow our business and reduce our expenses. Scott Savage
Vice President and G.M., Motor Vehicle Network

The Red Barn

In the restaurant business, empty tables are always a challenge. BNI helps us fill those tables which allows us to spend our trade dollars on our business. Their customer service and attitude to "get it done" has made me a believer. I have been a member of other barter exchanges and BNI's attention to detail has made me a loyal member. Frank "Cheech" Nistico
Owner, Red Barn Restaurant

New England Flooring

My company had some excess flooring inventory that wasn't producing any revenue for us. BNI helped us sell that excess inventory through their barter exchange at fair retail pricing. I was able to spend my trade dollars on the goods and services that my company uses, helping me to conserve cash, a true Win-Win! We continue to use BNI for our spending needs. Keith Hemstock
Owner, New England Flooring Supply Company

A-Z Landscaping

The staff at BNI is the most experience staff that I have worked with in barter. They continue to bring new members into their barter network, which gives my business new opportunities for trading. Helping my business grow while saving me cash is what BNI is all about. Craig Gannon
Owner, A-Z Landscaping

Kaiser Battistone

BNI has helped me fill in my down times with new customers. This allows us to maximize our time and generate trade dollars for our spending needs. I'm a believer! Bill Hall
Owner, Kaiser Battistone

Saybrook Inn

We are always looking for new ways to grow our business. Barter has given us the ability to fill our down time using our rooms and conference facilities to generate trade dollars. Spending those trade dollars on landscaping, advertising, staff uniforms, web design and other items has allowed us to conserve our cash. BNI has delivered on their promise to bring us new business and save us cash! Saybrook Point Inn & Spa
Andy Abels, General Manager

Maritime Aquarium at Norwalk

The Maritime Aquarium at Norwalk partnered with Barter Network to attract new Aquarium visitors and save on cash expenses. Barter Network delivered on both counts. We have seen new visitors come through our doors because of our relationship with Barter Network and their outreach to network members. We then use our trade dollars to expand our marketing outreach to find new cash customers. Barter Network offered an inexpensive opportunity to stretch our marketing budget and was superbly executed. Chris Loynd
Director of Marketing
The Maritime Aquarium at Norwalk

Compugeeks

Compugeeks has been a member of Barter Network (BNI) for 6 years. They are a dedicated firm that really focuses on making sure your business gets the services it needs, on barter. John Ferrara and his team are always and readily available whenever we need them. No matter what we have needed, BNI has been able to acquire the services/products we need so we can save cash. There is a lot of competition in the barter world, but very few rise to the occasion every time like Barter Network. John A. Scharfglass
President
Compugeeks, Inc.

Luxurious Transportation Services

Bartering helps drive business to our company, allowing us to spend our trade dollars on business related expenses. My broker is always there to help with all of my purchasing needs. Why spend cash when I can trade for what I need. Barter Network always performs for me. Joe Montanez
Owner
Luxurious Transporation Services

Maui Wowi Hawaiin Coffee

Sales and marketing is critical to our business. Barter Network promotes my business through their network of members and brings my business new clients that I never would have gotten. I can use my trade dollars for advertising services that will help me grow our cash business. Barter works! Mitchell York
Owner
Maui Wowi

Island Storage

Barter Network has helped convert some of our excess capacity into valuable trade dollars. We are able to offset some of our cash expenditures by utilizing those trade dollars, and our broker really works hard in finding us what we need, helping us save cash, a true Win-Win! Lauren Nichols
Owner
Island Storage