Planned Nationwide Network
- Exchange Growth Strategy
TradeAuthority is in the early stages of opening it's first member exchanges. In November 2010, we opened the first member exchange in Lafayette, LA. Since then, we have helped open new exchanges in Lake Charles, Gonzales, Denham Springs, West Baton Rouge, Monroe, Hammond, and Slidell, LA; Memphis, TN; Oxford and Biloxi/Gulfport, MS; as well as Birmingham, AL. Plans will have Alexandria, Shreveport LA, Beaumont, TX, Hattiesburg & Jackson, MS, Nashville, TN, and Mobile & Montgomery, AL as our next member exchange sites. We plan to have a total of up to 30 exchanges open and running by 2017 and hopefully, if things progress as planned, move toward a national presence a few years later. We believe any city or town with at least 2000 small businesses in the area can support an exchange. Large cities may be able to support many exchanges.
- Reciprocal Trade
As soon as an exchange becomes viable and stable (as determined by TradeAuthority), it may participate in the reciprocal trade among exchanges. Although this type of trade is restricted by certain guidelines to assure proper trade balance between exchanges, this essentially means that the common barter currency from TradeAuthority member exchanges, can be used from one exchange to the next. Members from one exchange can use their trade dollars to spend for goods and services at another TradeAuthority member exchange. A typical situation would be a member traveling to another city and dining at a restaurant who is a member of that city's exchange using the same trade dollar through the same QuikTrade system.
- Affiliate Exchanges
TradeAuthority can also provide its QuikTrade Barter Management Software to certain existing non-member owned trade exchanges. These affiliate exchanges can participate with reciprocal trade within the TradeAuthority community within certain boundaries. The Crescent City Trade Exchange in New Orleans, LA became our first affiliate exchange when it went "live" with the QuikTrade software on September 1, 2011. Learn more...