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Bob Baga

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

And as long as they're a new advertiser and they're cleared by Inc.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

Magazine, they can pay Inc.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

and BizX dollars.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

Inc.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

then takes those BizX dollars.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

Whatever their rate panel is.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

$5,000, $10,000, whatever their rate is.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

Yeah.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

So you would have either made a sale to begin with and earned BizX dollars already by selling your product or service to another member, or you would...

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

get, uh, BizX or you would, uh, you can get a BizX line of credit so you can actually spend BizX dollars before you earn it.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

Yes.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

We issue lines of credits in advance, uh, to, to, to new members.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

We charge a transaction fee.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

So we've got a community of businesses.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

We bring them together and they connect and share with each other.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

And then on top of that, we enable them to buy and sell.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

When they buy and sell and they have a successful transaction, they pay us a transaction fee, which is 7.5%.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

uh, is paid to us on all purchases and sales.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

So again, remember, it's gotta be the way this really works and why this makes sense is, is because it's all new and incremental business.

SaaS Interviews with CEOs, Startups, Founders
903 $700m Goes Through BizX As SMB's Barter and Trade Services and Goods

If somebody who's already a customer, this doesn't make sense.