Tom McDowell’s Barter Blog

Two - if they’re the right two. Some exchanges have several thousand members, and I still wouldn’t call them successful. The KIND of clients you have is more important than the quantity of clients. You must have a variety of products and services so people will buy from each other.  If you had […]

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Barter Association National Currency
The Barter Association National Currency (BANC) provides a common and credible barter currency, allowing independent barter exchanges to do business with each other, without the need for back-to-back reciprocal trading. The BANC serves as a trade exchange for trade exchanges, and strives to create a stable barter currency that promotes trading and […]

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Introduction to NATE:  National Association of Trade ExchangesThe National Association of Trade Exchanges (NATE) is the barter industry’s premier organization for trade exchange owners from across the country and around the world. NATE united trade exchanges in 1984 when it was formed by a group of barter industry visionaries headed by Tom McDowell, who founded […]

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Barter is the practice of trading goods and services without the use of cash.Organized barter through a trade exchange, such as Itex, offers two main advantages:A sale is consummated that probably would  not have been - if cash were required. Cash flow is saved when one trades their product or service in exchange for a product or […]

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