Morristown, NJ (PRWEB) October 20, 2005
To launch its new national invitation, Merchants Barter Exchange is now offering the first 1,000 new clients of every month a three day two night getaway Vegas or Orlando vacation for two that includes free accommodations at 3 & 4 star resorts, meals, complimentary show tickets, and even chips to gamble in the casinos. The vacation vouchers are good for one year, transferable, and the only string attached is that reservations must be made 90 days in advance. The $1,500 vacation package is to reward new merchants for joining the fastest growing commercial barter exchange in North America.
President Steve Bolles who recently announced the opening of seven new MBE locations said “We are grateful for our growth and want it to continue, so we are just trying to get the attention of those merchants who have not yet discovered the many benefits of true barter”. Merchants Barter Exchange is one of only three national barter exchanges that are focused on commercial barter. MBE is also the only barter exchange in North America that is pure barter with no cash. The six-year-old company began licensing new locations in August and plans to have 48 locations throughout North America by the end of 2006 and 36 locations by the end of this year. MBE also owns the new proprietary International barter software Intertrade designed for Fortune 500 companies who want and need simple and automated international trading tools.
According to the North American Barter Association, 62% of all Fortune 500 companies barter regularly on a monthly basis to the tune of $15 Billion annually. “So far in 2005, over $24 Billion of barter has already been transacted and this will certainly be a record year for barter," added Bolles. Typically, merchants who barter on average enjoy 7.2% higher cash flows and seldom if ever, have to worry about unsold inventories. But NABA also reports that only 17% of all merchants polled even knew they could barter the goods and services they normally buy on credit or with cash. "We want to shrink the ignorance rate of merchants about barter since they can literally save thousands of dollars every month. Merchants who barter have perpetual peace of mind about their inventories, and the accountants have a quick and painless way to balance their books." added Bolles.
MBE is a family owned company that has serviced over 18,000 merchants since 1998 and holds three top positions of five barter categories including highest fulfillment rate (97.3%), highest merchant satisfaction, and quickest processing time according to NABA. MBE now processes an average of 1,500 trades 24/7. Merchants wanting to more information or to register should call 1-800-822-7204. For information on becoming an exclusive MBE licensee in your city, please call 1-800-975-0565. The company’s web site is http://www.MerchantsBarter.com.
Authorized for immediate release by:
Henry Romano, Agent for
Merchants Barter Exchange
55 Madison Avenue
Morristown, NJ 07960
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