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12 July 4 - 17, 2009
Community
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Bartering from Page 1
company hired three employees in order to keep up.
While the businesses in the Arizona Trade Exchange
made $4.97 million in trade dollar transactions in
2008, this year transactions are estimated to total
between $6 and $7 million.
Miller says he knows now that the barter business is
“recession proof.”
“It is a really, really good way for business owners
to gain exposure and get business they would never
have gotten, while conserving their cash,” Miller says.
Value Card Alliance has also seen a substantial
increase in business. Since January, 348 new members
registered in the Phoenix metropolitan area, adding
to 642 existing members. The alliance recently added
STSN photo STSN photo
seven employees to their existing three-person staff.
LIKES BARTER: Fred Gosielewski of Fast Fix in Chandler says BETTER THAN BUCKS: Southern Chandler’s Native New Yorker
barter works great especially during a down economy. Standing owner Greg Weltsch says he barters every day.
Economy down, barter up on his right are Christina Bower & Brian Schubert.
Miller associates most of the growth of barter
companies to the economic downturn. He believes
allowing Native New Yorker to exchange them for
“Normally, I would have to discount non-selling
barter is now a more viable solution for buying
services such as plumbing and air-conditioning
items at up to 40 percent off and not make any money
necessities and repairs.
repairs.
out of it and still turn around and pay for all of the
Fred Gosielewski, a member of the trade exchange
Other local members of the exchange include
things I need to run my business,” Gosielewski says.
and owner of Fast Fix in Chandler Fashion Center,
Ocotillo Golf Resort, Laser Creations, All Brands
“In this situation I can sell my products at full retail
says he knows his business has benefi ted by being a
Copiers and Five Elements Skin and Massage.
and utilize my credits to pay for other costs.”
member of the exchange during a recession.
Barter with a group like the Arizona Trade Exchange
Fast Fix specializes in jewelry repair and restoration
“We are hurting just like every other small business,”
is much different than private barter. The exchange
and custom jewelry creation, and was Arizona Trade
Gosielewski says. “Being associated with the trade
works as a third party to each exchange, recording
Exchange’s largest trader last year. Most of their trade
group has people and members of the trade group
each transaction and sending trade dollar balance
business was generated by Miller, who bought several
coming into the store. They know they can use their
sheets to each business monthly. Trade dollars are
items from Fast Fix for the exchange’s holiday bazaar
trade dollars to get items fi xed and they aren’t taking
essentially equivalent to U.S. dollars and can be
in November.
supper off the table to get these repairs done.”
used anywhere within the Arizona exchange or the
Gosielewski says Arizona Trade Exchange differs
Another business taking advantage of bartering
exchange’s business partners nationwide.
from other exchanges because Miller makes sure each
benefi ts is Native New Yorker, located at Chandler
Because all exchanges are required to be made at
business is reaching its full potential and is benefi ting
Heights and Alma School roads.
full retail price, Gosielewski says he is able to make a
from being a member.
Owner Greg Weltsch says on average, each day
substantial profi t off of all business he receives from
brings in 20 to 30 new barter dollars from customers,
the trade.
See Bartering Page 21
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