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Ways to Maximise Customers and Boost Cash Flow


Do you have empty seats to fill? Want to boost cash flow in your bar or restaurant, or simply increase your business network?

In a constantly - shifting business world where new venues and opportunities are opening regularly, staying ahead of the competition isn't always easy. That's where Bartercard can assist and help you to stay ahead of the curve and attract new customers.

If you're a restaurant or café, instead of (just) listing with food delivery services, deal sites or third party booking site...Attract new customers with Bartercard

Food delivery services are buzzing and while they're putting restaurants in the mix, not all restaurateurs are opting for the paper bag approach that can come at a cost. If your restaurant is at the higher end, consider the impact on waiting diners, the presentation of the food when it reaches the customer, and whether that's on brand with your restaurant. Ensure you have the resources and space to prepare extra orders too.

If you're looking to list on deal sites, factor in the impact of discounting prices which can devalue a brand and attract one-off customers shopping at a specific price point. Similarly, third party booking sites can capture the details of bookings to remarket to, instead of the restaurant doing so.

Bartercard attracts new customers without discounting or third-party booking sites for more control in business. Few restaurants and bars are at 100% capacity around the clock, and Bartercard can fill that downtime. These customers are actively looking to spend their Bartercard Trade Dollars and are more likely to return in the future.

There are many options to attract new customers in the market and you might find a mix of different approaches works.

Instead of spending cash on every business expense… Offset cash expenses with Bartercard

Bartercard doesn't just attract new customers; it also saves valuable cash. Many business owners use their trade dollars to purchase items which they can then on-sell for cash, for example, purchasing wine on trade to then sell for cash in their restaurant. This effectively turns downtime into cash sales. Business owners also use trade dollars to offset cash expenses like office equipment, furnishings and office renovations by using their trade dollars instead of cash.

Build your business network

Building a network of local and national businesses can assist not only with exchanging goods and services, but it helps business owners to continually learn, stay in the loop, think outside the box and canvass solutions to industry hurdles. Bartercard is a

business network with thousands of members worldwide across a wide range of industries. And with year-round events at a local level, you can continually stay front and centre of your industry.

For more information on how Bartercard can benefit your business, visit Bartercard.com.au or call 1300 BARTER.


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Published on by BiziNet

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