Barter in its simplest
form is the exchange of one product or service for some other product
or service.
Corporate barter
transactions can involve millions of dollars worth of goods or services.
Corporate barter companies help clients use their under- or non-performing
assets (obsolete or excess inventory, underutilized plant capacity,
unwanted real estate, etc.) to finance all or part of the cost of
products or services they need. In the case of a corporate media
barter company such as IMS, the principal form of currency provided
is advertising of all kinds: TV (Cable, Spot, Syndication,
Infomercials), Radio (Network, Spot, Syndication), Print
(Consumer, Trade, and Special Interest Magazines), Interactive
Media (Banner Advertising and Web Page Design), Outdoor Advertising
(Billboards, Posters, Dioramas, Transit Advertising, Kiosks, Shelter
Displays, Airport Advertising, POP, Shopping Mall Displays)
and
much more.
Corporate barter
enables a company to realize more for its products often yielding
full wholesale or book value. It is a profitable alternative to
traditional costly markdowns or liquidation, from which a company
may get just pennies on the dollar for its merchandise. Payment
from IMS is usually in the form of advertising credits used for
media that would normally have been purchased with cash.
Corporations
and their advertising agencies increasingly see corporate barter
as a way to maintain or expand advertising budgets. It is often
times the only way of protecting the media budget when a client's
sales are not as strong as anticipated, and cuts to the ad budget
are threatened. And to ensure that media buying specifications are
precisely adhered to, IMS uses the same state-of-the-art software
system and research that agencies employ to document media performance.
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