Bartercard is a long-standing partner of the Bay of Plenty Rugby Union and is this season's Volcanix and Steamers back-right-of-short sponsor.
Bartercard provides business opportunities to members by converting unutilised trading capacity and excess inventory into business opportunities with new customers. Its world-leading, innovative trade exchange system allows its 10,000 cardholders in New Zealand to benefit from the cashless economy of bartering. Bartercard aims to increase a member's business by 10 – 15% and increases net cash profit.
The Bartercard concept uses an alternative, electronic currency (trade dollars) that is exchanged between members to pay for goods and services instead of paying cash. Members then use these trade dollars to offset cash expenses within their business.
Business owners love bartering because it saves them cash, moves excess stock or idle inventory and fills up their downtime or spare capacity. Chances are you have conducted a one-to-one barter deal in the past, and the outcome was win-win.
However, while these traditional barter deals can be effective, they lack flexibility, which limits how often they may occur. The challenge with a direct one-on-one barter is you might want something that one business has, but they may not want what you have. By creating a currency of trade dollars, you can trade conveniently with tens of thousands of members worldwide.
"We've had a relationship with Bay Rugby since 2004. It's a great team! We are just across the hill from each other; we love the Steamers and Volcanix. We see it as a great opportunity to promote our brand alongside the Bay, whose values align with ours," says Bartercard National Sponsorship Manager Ross Hamilton.
"We're there to support not just the Volcanix and the Steamers, but community rugby and grassroots. Everything needs money, and we are more than happy to sponsor to ensure money is being re-invested into growing and improving the game.
"Just like a rugby team, a business or a community can't achieve much unless they work together. That's how we like to look at our relationship with Bay Rugby; we can work together and benefit from each other to achieve success. We are excited to continue our relationship, and it's fantastic to be this year's shorts sponsor!"
BOPRU Partnerships Manager Nick Staples says, “we are grateful for the continuous support shown by Bartercard. They are a valued partner who help maintain and grow a strong game in the Bay of Plenty.”
For more information on Bartercard please visit their website www.bartercard.co.nz
Article added: Saturday 27 August 2022
BAY OF PLENTY RUGBY UNION
ADAMS CENTRE FOR HIGH PERFORMANCE
52 MIRO STREET
MOUNT MAUNGANUI
Ph: 07-574-2037
EMAIL OFFICE@BOPRUGBY.CO.NZ