26, Nov 2009
Bartering in the UK
Swap shop Britain: How you can afford the lifestyle of your dreams by bartering
The perfect smile does not come cheap.
But equally, as Yvonne Hill's impressive dentistry demonstrates, it doesn't necessarily have to leave a gaping hole in your bank balance.
Rather than dip into her savings, the 59-year-old mother-of-four covered the cost of her £17,000, state-of-the-art 'mouth job' by turning to something as old as the hills. Bartering. Nor did it stop there.
Yvonne has also traded nights at the Cornish boutique hotel she runs for hair cuts, clothes, a surfboard, a bicycle, and even a holiday in the Caribbean.
Stephen Doughty, a South-West London baker, can trump that. He's just used the power of barter to put down a £30,000 deposit on a villa in Cyprus.
Again, instead of having to empty out his current account, he's managed to do it with buns and baguettes. Then there's Heather Bird-Tchenguiz, the 38-year-old proprietor of one of London's most exclusive health and beauty salons. She's been bartering massages, Botox, facials and even colonic irrigation for years. Heather first came across bartering in her native America.
But while that involved companies coming together to swap their products face-to-face, the bartering system Heather, Stephen and Yvonne belong to is considerably more sophisticated.
Source: www.dailymail.co.uk
About Bartercard
Bartercard was founded in 1991 on the Gold Coast, Queensland, and has grown to become the world’s largest barter exchange, with 48 offices around Australia.
Bartercard assists more than 20,000 businesses in Australia and 55,000 globally to barter their goods and services – without the challenge of a direct swap. Although the concept of barter is thousands of years old, bartering through Bartercard is an innovative way of combining modern technology, a network of businesses and direct and indirect marketing channels to increase a business’ customer base, sales and profit, and improve cashflow.
Bartercard Australia was bought from Bartercard International in a management buy out in August 2007. It is now 99.5 per cent Australian-owned with the majority of its share base in the hands of Managing Director Brian Hall, Chairman Murray d’Almeida, and Non-Executive Director Trevor Dietz. The remainder is held by an Australian private equity consortium. Website: www.bartercard.com.au
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