Ancient Barter was man’s first form of commerce and consisted of the one to one direct exchange of goods and services. Advances in technology have greatly expanded and enhanced the scope of Barter far beyond this limited one to one model.
IRTA estimates that in 2014 over 400,000 companies utilize the “Modern Trade and Barter” process worldwide to maximize their excess business capacities and under performing assets. IRTA estimates the 2014 total annual trade volume of those 400,000 companies was $12 billion dollars.
In terms of income, Excess Business Capacity represents the difference between actual cash revenues received, and the cash revenues and profits that would be realized, if a business operated at 100% of its capacity. Most businesses are operating at less than 100% of their potential business capacity.
IRTA Member Companies can help your business realize lost revenues and make additional profits by making use of your Excess Business Capacity and Underperforming Assets. Consult the worldwide Membership Directory listing on this web site, for an IRTA Member Company located in your geographical area.
Businesses that choose to participate in Modern trade and Barter will become a client of an IRTA Member Company. As clients when they sell their goods and services to other clients in the system they earn trade credits which are deposited into their accounts. They then have the ability to purchase goods and services from other member clients utilizing trade credit in their accounts. IRTA Member Companies play a vital role as they provide organization, system management, record keeping, maintenance of transaction record and broker services to each member client.
IRTA members consist of retail barter exchanges, corporate barter companies and complementary currency organizations. Retail barter exchanges members' consist primarily of products and service businesses in the retail business sector. Corporate barter companies focus on larger non-retail corporations and tend to do fewer, but larger barter transactions then do retail exchanges. Complementary currency organizations focus on providing additional local transactional liquidity to cities and townships through cooperative business models.
All IRTA Members Companies adhere to a strict IRTA Code of Ethics. Businesses that utilize Modern Trade and Barter can be assured that their trade credits are earned and spent within a network that is committed to a high standard of business by meeting requirements that prove the strength and sustainability of their exchange networks.
It is important to note that there are other forms of modern trade and barter. Some of these include complementary (or local) currency organizations, LETS (Local Exchange Trading Systems) and many other forms of alternative monetary systems to help local and regional economies.
UC has been on its new customized software system for three months, and in each month on the new system we have set an all-time trading record.
Total trading for the three month period, August through October of 2015 UC, was up 39% over that same three month period of 2014.
Trading is expected to continue to increase even more as UC members add more listings to the UC marketplace.
Thank you to all our UC members for helping make the last three months the most successful in UC's seventeen year history!
If you have any questions about how to increase your UC trading or how to get around on the new software, contact Patty at
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