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By utilizing the margin in a product and service, bartering allows companies to purchase imported products at a discount.
If an item would normally cost you $1,000 (At wholesale value) in the cash market but you could exchange $1,000 worth of unsold product (at retail value) which cost you only $700 cash, then you have just saved $300.
You have also generated a new sale that you otherwise would not have had as Ormita brought the customer to you.
In situations where companies have strict budgets or have spent their financial allotment, the purchase of services like media and travel can be bartered for thus not exceeding budgetary restraints and in turn increasing purchasing power.
Many companies use barter to augment their advertising budgets which in turn bring them additional cash clients. If the inventory was one that was going to be liquidated at 10% of value, it is easy to see why the popularity of barter is growing worldwide.
Ormita offers a range of imported products which are available to our members on a barter basis, including:
- Children’s Toys
- Consumer Items
- Electrical Goods
- Food Items
- Healthcare Items
- Mining Equipment
- Raw Materials
.... and more