BARTER PHILIPPINES

BEX Barter EXchange Philippines is a service oriented trade exchange company in the Philippines that facilitates bartering of goods and services among local businesses to increase their sales, cash flow and profit with the use of Credit/Barter Money/Trade Money as a medium of exchange. BEX functions primarily as the organizer of a marketplace/platform wherein members buy and sell products and services among themselves.

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Friday, June 3, 2011

How does BEX Barter EXchange works?

Posted by BART at 8:51 PM

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1 comment:

Trikle TradeAugust 18, 2017 at 4:49 AM
Nice Post, Thanks for all the information.
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What is BEX Barter EXchange Philippines?

1. What is BEX Barter EXchange?

BEX is a service oriented trade exchange company in the Philippines that facilitates bartering of goods and services among local businesses to increase their sales, cash flow and profit with the use of Credit/Barter Money/Trade Money as a medium of exchange. BEX functions primarily as the organizer of a marketplace/platform wherein members buy and sell products and services among themselves.

2. How does BEX Barter work?

BEX Barter members use Credit/Barter Money/Trade Money instead of cash to do business together. A member is given an account and it works similarly to a debit or credit card. Members earn Credit/Barter Money/Trade Money when they sell and use Credit/Barter Money/Trade Money to buy products and services they needed for their businesses. Members can use their Credit/Barter Money/Trade Money for payment in hotel rooms, resorts, restaurants, advertising, printing and many other goods and services in the network. BEX is a third party record keeper and acts as an administrating body of each transaction. Members receive a monthly statement reflecting their sales, purchases and current balance.

3. What is the value of a Credit/Barter Money/Trade Money ?
1 Philippine peso = Credit/Barter Money/Trade Money

4. What are the advantages of joining BEX Barter EXchange?

Barter produces additional business that you never had before and allows you to expand your market. Secondly, when you barter, you conserve cash. Instead of spending cash to buy needed goods and services, you can barter your own goods and services. Therefore, you keep your cash in your business for other purposes. Finally, Barter allows your idle resources to work. Excess capacity, empty or excess time and excess inventory are converted into needed goods or services.

5. I can barter on my own; why should I join BEX Barter EXchange?

The problem with direct barter or one-to-one trading is each business must want or need what the other business has to offer in equal amounts, no flexibility to trade. With BEX Barter EXchange trading program, everyone can trade with any other member using their Credit/Barter Money/Trade Money.

6. How can I spend my Credit/Barter Money/Trade Money ?

Make a list of your needs both business and personal. List everything you normally pay in cash. If you regularly take cash out of the business for your personal expenses like school tuition, holidays, travel or home improvements -- then consider using the Credit/Barter Money/Trade Money you have accumulated, and just save your cash for goods and services that you cannot easily acquire in the network. Our trade brokers will assist you on how to spend your Credit/Barter Money/Trade Money wisely.

7. How can I promote my business in BEX Barter EXchange?

One of our trade broker's jobs is to promote your business to other members. BEX can help promote your goods or services to other members via our WEB directory, weekly news fax, mailing lists and direct contact.

8. Who decides what price the seller will charge?

Members are expected to trade their goods and services for barter at the normal selling or retail price. However, by accepting or rejecting prices, trading members act as the final authority in pricing.

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