Today, more than 500,000 businesses engage in bartering. They include such well known companies as Hilton, Mattel, McDonnell Douglas, Pepsi Cola, Ramada Inns, & Xerox. The diversity of businesses that participate is wide. Here's just a sampling of some of the categories: accountants, advertising, air conditioning, airlines, architects, art galleries, attorneys, auto repair, barbers, beauty salons, boat rental, builders, caterers, cheese, clothing, dentists, doctors, education, entertainment, flooring, food, furniture, golf, hotels, jewelry, landscaping, limousine service, nutrition/vitamins, office equipment, printing, pet care, photography, pool service, PR, resorts, restaurants, security services, sport fishing, storage, telemarketing, vacations, watches, wedding receptions, & a very wide selection of other stores, services, etc., etc., etc.
According to the International Reciprocal Trade Association (IRTA), barter volume of the 500,000 businesses is $13.5 billion, up from 240,000 firms doing $5.9 billion in 1991. Based on current trends, IRTA predicts that 1.5 million firms will be engaged in barter in North America within 10 years, & IRTA expects the number of clients of barter companies to double over the next five years & to double again in the following five years.
IRTA foresees average trade volume per trade exchange client doubling from about $3,500 today to $7,000 by 2005. IRTA says this estimate is in real terms, not considering inflation, which if included would raise the growth even more.
Barter has many real advantages for businesses -- one you may not think of at first is the fact that in a barter transaction, there are no accounts receivable, & therefore no bad debt possible. We appreciate barter's ability to profitably get rid of excess inventory, penetrate new markets, & expand sales while avoiding costly writeoffs, maintaining working capital, increasing cash flow, & reducing the need to borrow. Those advantages translate to increased profits. -------
edit: article date is March 2003
[This message has been edited by Moose (edited January 07, 2004).]
posted
This was a company BTLY was trying to aquire during 2003 (BaterCardUSA), but unfortunatly talks fell through. Though BTLY is creating their own company similar to that one (which will located here, BarterDollars) *Stockguy mentioned this earlier
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
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I am a new member but someone is taking this dd and posting it on **************.com boards.
Posts: 18 | From: new castle, de, usa | Registered: Jan 2004
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Mouse, this is good info indeed. Thank you.
quote:Originally posted by Moose: This was a company BTLY was trying to aquire during 2003 (BaterCardUSA), but unfortunatly talks fell through. Though BTLY is creating their own company similar to that one (which will located here, BarterDollars) *Stockguy mentioned this earlier
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
quote:Originally posted by machtabow: Done! Thanks. mach
Mach, I did not receive the e-mail. Could you please try it again? gary@hqm.com. Thanks again. Posts: 35 | From: pa. | Registered: Dec 2004
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WOW!A penny that actually has revenue,a business focus and a hell of a great CEO. To top it off they are in a niche business that has only touched the tip of the iceberg.This will be a steady uphill flight. Been in it for awhile and building to 3mil. Thanks MACH & MAV for your research.
posted
Thanks for this infor Moose. Looks Great! mach
quote:Originally posted by Moose: This was a company BTLY was trying to aquire during 2003 (BaterCardUSA), but unfortunatly talks fell through. Though BTLY is creating their own company similar to that one (which will located here, BarterDollars) *Stockguy mentioned this earlier
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
posted
The more I read and look at the charts for BTLY the more i get interested in this stock. I just wanted to know if anyone here could find a good example of a stock price pattern once a name change or new cusip number occurs in a company. If anyone find it, could you post that chart here please ?. Thank you.
Posts: 943 | Registered: Oct 2003
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Looks like we've got another winner here. You touched all they important points: Billion Dollar Growing Industry, Online is taking off, Niche Market, CEO has an outstanding Resume, their Board is top notch, Name Change & Cusip Change coming Soon... Im glad to see you found this long ago and have been accumulating. I have a feeling that yo will be greatly rewarded. mach
quote:Originally posted by TRSTURGUT-18: MACH......
WOW!A penny that actually has revenue,a business focus and a hell of a great CEO. To top it off they are in a niche business that has only touched the tip of the iceberg.This will be a steady uphill flight. Been in it for awhile and building to 3mil. Thanks MACH & MAV for your research.
posted
Mav... The recent was IDNW and GBLT... The price surged substantially... Moe than 100%. I don't have the chart. Take care. mach
quote:Originally posted by Mav: The more I read and look at the charts for BTLY the more i get interested in this stock. I just wanted to know if anyone here could find a good example of a stock price pattern once a name change or new cusip number occurs in a company. If anyone find it, could you post that chart here please ?. Thank you.
posted
GMG. yahoo will not let me email you at that address or reply to your email. Weird. Let me know if you have another email. You could set up a yahoo address in about 3 minutes. Take care. mach
Posts: 398 | From: orlando, fl usa | Registered: Sep 2003
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quote:Originally posted by machtabow: Mav... The recent was IDNW and GBLT... The price surged substantially... Moe than 100%. I don't have the chart. Take care. mach
posted
This is some more DD i found on the Barter industry, this keeps coming in as I dig more. I think the road is open for us here.
Net firms consider trade instead of cash
The new thing in e-commerce may be to let firms do business the old-fashioned way--by trading without money.
Outfits that let companies barter goods and services with each other or with consumers already exist offline. But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
Kleiner Perkins Caufield & Byers, which has funded such Internet successes as @Home, Excite, America Online and Healtheon, is nurturing a business-to-business barter firm, code-named Doublebill, according to sources familiar with the company. Doublebill and Kleiner Perkins did not return calls about the start-up.
Investors and executives are hoping that the Internet will provide the perfect platform to trade goods and services. Traditional bartering can be limited to certain geographical areas, but online exchanges connect users on a global scale.
"Bartering is a market that is ideally suited for what the Internet is really good at," said BarterTrust chief executive Mike Edelhart, former president and a founder of Third Age Media, vice president of Softbank and 13-year Ziff-Davis veteran. "It's an existing business that already serves hundreds of thousands of companies, large and small, and produces significant revenue."
"The typical exchange allows you to interact with a few thousand businesses, typically constrained by a geographical area," Edelhart said. "With the Internet we can create a large-scale, strongly backed, worldwide exchange for these types of transactions."
posted
Great read Mav! Nice to know big money is behind the online barter industry! mach
But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
quote:Originally posted by Mav: This is some more DD i found on the Barter industry, this keeps coming in as I dig more. I think the road is open for us here.
Net firms consider trade instead of cash
The new thing in e-commerce may be to let firms do business the old-fashioned way--by trading without money.
Outfits that let companies barter goods and services with each other or with consumers already exist offline. But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
Kleiner Perkins Caufield & Byers, which has funded such Internet successes as @Home, Excite, America Online and Healtheon, is nurturing a business-to-business barter firm, code-named Doublebill, according to sources familiar with the company. Doublebill and Kleiner Perkins did not return calls about the start-up.
Investors and executives are hoping that the Internet will provide the perfect platform to trade goods and services. Traditional bartering can be limited to certain geographical areas, but online exchanges connect users on a global scale.
"Bartering is a market that is ideally suited for what the Internet is really good at," said BarterTrust chief executive Mike Edelhart, former president and a founder of Third Age Media, vice president of Softbank and 13-year Ziff-Davis veteran. "It's an existing business that already serves hundreds of thousands of companies, large and small, and produces significant revenue."
"The typical exchange allows you to interact with a few thousand businesses, typically constrained by a geographical area," Edelhart said. "With the Internet we can create a large-scale, strongly backed, worldwide exchange for these types of transactions."
[This message has been edited by machtabow (edited January 07, 2004).]
posted
Wow... who got the 70000 shares before the market opened. How do you do that? mach
Posts: 398 | From: orlando, fl usa | Registered: Sep 2003
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Yes, IDNW/GLBT went from .06 to .24 in about a week, then two days after the change started retracing bigtime allthe way back to .12 and is now at .15. This all took place in about two weeks.
dz
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quote:Originally posted by machtabow: Mav... The recent was IDNW and GBLT... The price surged substantially... Moe than 100%. I don't have the chart. Take care. mach
Posts: 1431 | From: Boulder, CO | Registered: Oct 2003
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posted
I have another example of a stock that went from .02 to .09 on the day the change occurred. I need ot find it. mach
quote:Originally posted by denzen: Yes, IDNW/GLBT went from .06 to .24 in about a week, then two days after the change started retracing bigtime allthe way back to .12 and is now at .15. This all took place in about two weeks.
posted
Pretty strong volume out of the box for BTLY. 1 million in 9 minutes is good! mach
Posts: 398 | From: orlando, fl usa | Registered: Sep 2003
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