SOURCE: Uber Trade LLC

Uber Trade LLC

April 14, 2010 07:30 ET

New Barter Exchange Gives 1,000 Trade Dollars to New Members

ATLANTA, GA--(Marketwire - April 14, 2010) -  Uber Trade, the first B2B barter exchange to charge no membership or accounting fees, is giving 1,000 trade dollars to new businesses. 

Businesses save their cash by trading their products or services with other members. It's not one-to-one swapping; you trade what you have (excess inventory, extra billable hours, tickets) and get trade dollars to buy more of the items you need from any member in the exchange.

Uber Trade has put a new twist on the trade concept by eliminating brokers and allowing businesses to contact one another directly. Members can update their profiles, post classified listings, and create cashless or part-cash deals with other members at the touch of a button. Members are also able to rate one another after they trade, opening the way to referrals and eliminating any buyer-beware concerns.

Whereas most trade exchanges charge hundreds of dollars for an upfront membership fee, plus monthly or quarterly accounting fees, Uber Trade costs NO money to join and has NO monthly or quarterly fees.

According to small business owner Chris Manning, CEO, Community Fundraising Coupon Books, "One of the many areas that I have been able to use bartering as an effective tool has been making sure that all of our ad sponsorships are 100% filled. I felt an immediate relief because I was now reaching my goals and was able to use my trade dollars, instead of cash, to offset ongoing costs associated with signage, copywriting, and design work... For the businesses that buy my ad space on trade, it not only helps them to try our flavor of marketing but helps their businesses grow without affecting their bottom line which is truly a win-win situation."

Uber Trade is working to give back to the community, as well. Though each trade generates a nominal trading fee, non-profits (501c3s) trade free and a portion of each fee is donated in cash to the non-profit organization of the 'member's' choice.

As an introductory special, Uber Trade offers 1,000 trade dollars to their first 500 members. While Uber Trade was designed for like-minded business owners, individuals too can trade or earn trade dollars by simply referring businesses to the community. Uber Trade opened its doors to trading in November 2009 and is available 24/7 at www.ubertrade.com, Twitter and Facebook.

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