The Problem Unproductive and unsold assets are known as DEAD CAPITAL and there are estimated to be more than $100 Billion of dead assets World Wide. In INDIA too, being a Price Sensitive and emerging Market these DEAD ASSETS become a drain on the economy of a small businesses to Large Industrial houses and thus effecting Indian Economy as a whole. Loss
The Solution CASHLESSBAZAR.COM Unsold Appointment time, empty Hotel Rooms, Unsold Venue Passes, Unfilled advertising Space, rapidly depreciating stock, end-of-line items or oversupplied products, all represent LOST REVENUE which otherwise will never be RECOVERED. Cashless Bazar is an online platform, that aggregates all such businesses. CB works with Business Owners exchange their dead capital in return for essential goods and services things that they currently pay in Cash for on a regular basis.
Exchange = Barter Trade Millions of companies worldwide are utilizing barter as a financial tool to accomplish the following goals: o Increased sales & market share o Purchase what you need without spending o Move excess inventory o Fill open appointments or production time o Gain a competitive advantage Barter by definition is the exchange of goods or services for other goods or services without using money
Cashless Bazar Solution CB acts as a Clearing House for the trade of excess capacities, goods and services through online e-commerce transaction processing. Rather than promoting direct trade between participants the company brokers trade through a centralized trade platform. Transactions are recorded in a centralized Ledger which records the Volume of Trade Purchased(Debits) and Sold (Credit) - much like a clearing house does for stocks and commercial banks does for cheques. This Ledger System utilises a trade Credit as a Method of accounting with 1 Trade Credit = Rs 1.00 SEE HOW
Company X in Cosmetic Products has Unsold Inventory of More than 10.00 Lakhs of Goods Require : Billboard for Advertising Company Y as Outdoor Advertiser has Unsold Billboards valued at more than a Crore Require : Hotel Rooms to Stay for Guests and Employees Company Z as Business Hotel has Unoccupied Rooms Require : Cosmetic to be used in rooms
Require : BillBoard for Advertising Gives Away Products Worth Rs 10.00 Lacs Account +10.00 Lacs TC Buys BillBoard Worth Rs 10.00 Lacs from Company Y Account (-)10.00 Lacs TC Require : Hotel Rooms to Stay for Guests and Employees Gives Away Billboard Worth Rs 10.00 Lacs Account +10.00 Lacs TC Buys Rooms Worth Rs 10.00 Lacs from Company Y Account (-)10.00 Lacs TC Require : Cosmetic Products to be used in rooms Buys Products Worth Rs. 10.00 Lacs From Company X Account (-)10.00 Lacs TC Gives Away Rooms Worth Rs 10.00 Lacs from Company Y Account (+)10.00 Lacs TC
LEDGER Company X Gives to Co Z Products Buys Billboard from Co Y Debit (-)10.00 Credit (+)10.00 Credit (+)10.00 (+)00.00 LEDGER Company Y Gives to Co X Billboards Buys Rooms from Co Z Debit (-)10.00 Credit (+)10.00 Credit (+)10.00 (+)00.00 LEDGER Company Z Gives to Co Y Rooms Buys Products from Co X Debit (-)10.00 Credit (+)10.00 Credit (+)10.00 (+)00.00
Company X Gets RID of Unsold Inventory and gets Billboard for which otherwise Company Y Gets RID of Unsold Billboard and gets Rooms for which otherwise Company Z Gets occupancy in Unsold Rooms and gets Products for Rooms
THE COMPETITION There are many Small and unprofessional Barter Exchanges, Badly Managed and unstructured. The Down Side of these exchanges o Lack of Sensible Credit Management policies and Procedures o No enforcement of rules and regulations o Owners may issue friends and families with Trade Credits to buy from the exchange but the product offered in return may not be desirable by other members make it impossible for the debt to be repaid incorrect mix of products o Lack of Education to Business Owners and many more. Thus Providing Huge Opportunity for Cashless Bazar
HOW CASHLESSBAZAR WORKS? Trade credit is used as the medium of exchange between parties in Cashless Bazar. You barter your products and services for trade credits and then use those trade credits to purchase some other products and services. Become a member : Register on our website and become a member after a quick approval. You are appointed with a dedicated relationship manager. Upload your catalog : Create your catalog by uploading the description, images and price of your products or services. The catalog is verified by the our team and then becomes visible on the website.
Earn trade credits: Upon purchase of your listed products & services, you will receive purchase orders. Ship your products or provide your service as per the order and earn trade credits. Shop for your needs: Browse our website for whatever you would like to purchase. Check out product/service reviews and accordingly place orders.
Categories in which Cashless Bazar Deals Accounting and Legal Advertising and Marketing Arts and Decor Automotive Beauty and Personal care Business Products Services Cleaning Services Clothing and Accessories Computer Tech Contractors and Construction Entertainment, Sports and Recreation Event Planning and Rentals Gifts Health and Fitness Personal and Consumer services Printing services Real Estate Restaurants, bars and Nightclubs Telephone and Communications.
Case Studies Hotel Business: Every hotel aims to have 100% occupancy. However, seldom does this dream comes true, specially during the off-seasons. Hotels can increase their sales by reducing the prices but it is still hard to sell all rooms. There is a threshold below which you wouldn't want to go for the reputation of your hotel. At the same time, every hotel needs really great photos for advertisements and their websites. Would you be willing to barter some of your unoccupied rooms in-exchange of a photography session from a professional photographer? The photographer gets a free stay at your hotel and you barter one of your unoccupied rooms. Moreover, you just found a new customer who would probably pay to stay at your hotel the next time. News media: Barter trade is especially useful for news media houses. Very often you have some unsold advertisement spots that would go waste. This is even more common with the media houses that are upcoming and want to grow rapidly. Be it newspaper ads, TV ads, web ads or hoardings, there is always going to be some space left for selling. If you sell those spots cheaper, it would in general bring down your ad rates for future deals as well. At the same time there is always a need for things like airline tickets for business related travel. Would you mind giving the airline free tickets in-exchange of free advertisement in your newspaper? Think about it It s a win-win for both the businesses.
How does CASHLESS BAZAR help you o Increasing your Revenue. o Enhancing your brand visibility. o Penetrating in unexplored territory. o Improving money flow during off seasons. o Diversifying & increasing the customer base.
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