G-SWAP connects businesses and services looking to barter

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G-SWAP Trading Network in Guelph, Ontario (Canada) is the latest barter network to emerge in the region, at they appear to be getting some traction. Read full post from GuelphToday.com below.

G-SWAP connects businesses and services looking to barter

Thirty five businesses signed up so far with new Guelph company

by: Tony Saxon, GuelphToday.com
published: 12/1/3018

Forget buying, how about bartering?

A Guelph-based start-up, G-SWAP Trading Network, is going old school, connecting businesses and organizations that barter and swap their products and services.

While G-SWAP is online, there will be a get-together on Monday, Dec. 3, at the Red Brick Cafe in Downtown Guelph where 30 people from 23 local businesses and one charity partner (Hope House) signed up with G-SWAP can get to know each other and maybe make some deals.

“G-SWAP brings members together online and in-person to swap items of equal value and trade using trade dollars,” says Ramik Akhund, who started the business with partner Shasta Carr-Harris in June.

“The purpose is to help local businesses stimulate the local economy,” Akhund said.

“Every business has excess inventory that gets sold at a discount or goes wasted, or if it’s a service business, everyone has a down time. Our service lets people trade and barter things, creating a new client base for themselves.”

G-SWAP also helps market the member businesses.

Right now there is no fee to join G-SWAP but once they hit 50 members (they’re at 35 right now, Akhund says) there will be a small monthly cost.

He said those signed up include tech companies, web designers and accountants.

While most are services, Akhund said there is a farmer signed up.

People barter based on the value of the service they are offering.

The open house is open to the public.

More details can be found at www.g-swaptrading.com.

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