Barter In The 21st Century Involves New “Partners”
Tuesday, July 15th, 2008Here is an example of the practicality taking place in the world marketplace. (more…)
Here is an example of the practicality taking place in the world marketplace. (more…)
The growth and use of commercial barter companies has grown and expanded to include some thirty-five nations around the globe. Every year another four or five will see the introduction of commercial trade exchanges.
It wasn’t but a little over a decade ago that an exchange in Turkey was formed. They have done some remarkable business over the years, and now their innovative thinking has taken another major leap (more…)
Looking to build 2,400 miles of roads, 2,000 miles of railway, 32 hospitals 145 health centers and two universities? And Oh, you’re short of cash! That’s the situation a country was in…and yet through the use of countertrade the (more…)
Two years ago we (the BarterNews Tuesday Report) ran the story below about two companies that raised money which would be used to buy distressed real estate, see link below. The companies named in the story were obviously looking ahead, projecting about what ultimately has come to pass.
I have been contacted by a company that is looking to put together a vulture fund which will consist of $50 million of media. Media principals interested in bartering ownership of their media for stock in the (more…)
A couple of months ago I received an email from the president of a company which said…”We are an importer that primarily sells to the mail order catalog industry. We often have from 500 to 50,000 of various housewares and gift items left when one of our catalog customers discontinue running it.
“I have enjoyed reading the Tuesday Barter Report and figured if there is anyone that could give us some direction regarding barter, you would be the man. We need room in our LA warehouse and have many trailer loads we have to move asap.”
A similar story: The president of Children’s Wear (more…)
Behind the scenes around the world, multinational corporations are involved in very sophisticated business dealings…and they often contain an “exchange component” of some sort. This type of business is often referred to as countertrade, a sophisticated form of barter.
One such transaction, where General Electric signed a $900 million contract for high-tech electricity-generation turbines, reinforces how the world is changing. GE had to agree to exchange sophisticated technology with two (more…)
The Japanese government wants its citizens to spend more money traveling abroad…today the Japanese would rather work than travel.
Last year, 80 percent of all salaried workers in Japan refused to take all their vacation time. Japanese unions are dropping wage demands and asking for more holiday time to cooperate with the government’s plan. A strong traditional work-ethic practice, honed over centuries, may not be easily replaced.
But with the support of Japanese government and unions, and with major companies rounding up tourists (a new long-range business plan), there is a good probability of long-term success. And the ultimate effect on the international travel industry would be dramatic.
Consider the following situation (more…)
There are some 800 barter companies worldwide serving their local clients. (Some of the larger exchanges have multiple offices in various locations.) And over the years, as the commercial barter industry has evolved the trade exchange owners began trading more with one another.
A decade ago, the International Reciprocal Trade Association (IRTA) put together a system whereby exchange owners could use a trade currency (a trade credit) to trade with one another. This “Universal Currency” (UC) would act as a central clearinghouse for trade credit transactions among trade exchanges located throughout the world.
A recent example of the possibilities is clearly evident…Therecia (more…)
Active International, a corporate barter company, does nearly a billion and a half dollars a year in business, truly they are a global juggernaut. Co-founded by Alan Elkin and Arthur Wagner, both members of the International Reciprocal Trade Association’s Hall-of-Fame, the company continues to impress with ever-widening business expansion and locations around the globe.
Company headquarters are in (more…)
Barter is one form of Countertrade, where international trade deals at done the highest levels. For much more (more…)