tradenow - barter economy - a business tool
Post on 14-Sep-2014
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DESCRIPTION
Recognizing the need for alternative ways of trading, tradeNOW developed an automated web barter trading platform for individuals and businesses. Our members are able to trade goods, services, real-estate and ideas, through a unique web-interactive experience, without having to use money.TRANSCRIPT
Barter economy – A business tool
An on-line barter trading market-place for businesses and consumers
Total value €69m Product & Services: €1.28m / 1.3k items
Real-Estate: €49m / 113 properties
Market-place value
49m
18.3m
Real Estate
On Offer In Demand
1.28m
0.9m
Products & Services
On Offer In Demand
How it works
In 4 simple steps
1.Post 2.Match 3.Trade 4.Rate
1. Post the items you have to offer & the items you want
2. The platform will automatically match all items
3. Make offer and trade what you have with what you need
4. Rate the trade
Business Model
Traction so far
430 barter transactions
• 12.5k registered members
• 233 registered businesses
• 220k visitors
• 5:10 min average visit duration
• 5.18 pages/visit
Traction so far
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Unique Visitors Total Visits
Trade point
Complementary internal currency
1 Trade Point = 1€ • Trade points are purchased form the platform
• Trade points are used to cover value differences during a trade
• Trade points are redeemed for products and services in the platform
Milestones
Nov 2012
+ Pre-launch
Jan 2013
+ Beta launch
Mar 2013
+ Commercial launch
Jan 2014
+ Platform upgrade + tradeNOW app launch
Apr 2014
+ Launch in 2nd country
Oct 2014
+ Launch in 3rd country
Dec 2015
+ Break-even + 225k Members + 7300 Businesses
Sep 2013
+ 12.5k Members 233 Businesses
Dec 2014
+ 100k Members + 3900 Business
Barter economy
A business tool • Increase sales • Win new customers • Increase visibility – promote your brand • Save cash • Reduce excess inventory • Take advantage of idle capacity • Protect the environment
Our team
Marianthe Stavridou
Corporate Communication
15 years experience in corporate communications in multinational corporations & banks.
George Karamanoglou
Operations
14 Years in Vodafone - IT Audit, Migration lead of VF’s biggest transformation project
Michalis Pitsikalis
Commercial
Developed several business: Real Estate, F&B outlets, Shoe factory.
Yiannis Deliyiannis
General Manager
10 Years in Vodafone - Head of IA, Project Lead of VF’s biggest transformation project.
Markos Pitsaris
Finance
15 years experience in financial audits, budgets and controlling.
Trade… Win