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Information:
About ITEX:
Business owners join ITEX as an additional means to grow and promote their business, sell idle inventory and reduce cash expenses. As a matter of fact, on average, a new Tulsa/Kansas City/Oklahoma City businesses joins ITEX every three days. ITEX Corporation (OTC: ITEX) is a Nationwide, Membership Trading Network of small and medium size businesses that will bring their business to you. ITEX members receive new, incremental business by selling their available skill & time, excess inventory and products & services to other ITEX members – for which they receive ITEX Dollars. The ITEX dollars earned from these new clients can then be used to purchase goods and services with any ITEX member in our 23,000 member-national network, and do not have to be used directly back with the ITEX member that purchased from you. Thus, ITEX eliminates all the hassles and potential issues associated with one on one bartering. ITEX has been doing business in Tulsa/Kansas City/Branson/Ft. Smith/Joplin/Wichita/Oklahoma City for over 30 years and has over 600 business members throughout theses cities. Some of the categories we currently have members in, include restaurants, auto service repair centers, advertising opportunities, dentists, orthodontists, computer & network repair, commercial equipment repair, web site development, social media planners, carpet cleaning, commercial printers, cartridge refills, plumbing, painters, electricians, jewelers, commercial and residential cleaners, salons, spas, etc. Each month, we grow new business members that are implementing ITEX into their business marketing plans.
Our offices can be reached via phone and email.
Oklahoma City/Tulsa 918.298.2266 Kansas City 816.470.9055
email: david.fling@itex.net and traci.dunaway@itex.net
Here are more details on why businesses should barter:
The fundamental idea that makes ITEX so powerful in benefiting you financially from ITEX transactions is Leverage. Members that understand this concept, we call it “Getting it!”, stay with ITEX for decades and do thousands in ITEX dollar transactions every year.
What is the actual cash cost for you make an additional sale? Not the cost to keep your business open day to day. The actual cost to make a new sale, replacing the inventory, etc. –costs directly related to the sale. Called “variable” costs by accountants.
Because your new sales to ITEX members are in addition to your ongoing cash sales they are considered ‘incremental’ in nature. In other words there is a cash ‘cost’ into each ITEX dollar equal to the actual cost the business experiences when making a new sale + the ITEX transaction fee of 12% (6% on the sale plus 6% on the buy). Knowing what that cash cost is establishes the Leverage the member has when buying with ITEX dollars.
Example #1 - A printer has a cash cost of $350 for paper and ink to print a $1000 job for an ITEX member. The printer’s total cash cost will be $350 + $120 ITEX Fees = $470. But he can buy something that would have cost him $1000 cash! A discount or savings of 53%!
Example #2 – A chiropractor takes an ITEX member and performs $1000 in services. The chiropractor’s total cash cost will be $0 + $120 ITEX Fees = $120. The new patient is in addition to, not instead of, a cash customer. He can buy something with ITEX dollars with an 88% discount!
Leverage = Actual Cash Cost of a New Sale + ITEX Transaction Fees
Economic Benefit of ITEX Sales and Leverage – ABZ Corporation with 50% COS
Before ITEX Membership With ITEX Sales
Sales $500,000 Sales $500,000 + $25,000 ITEX
COGS $250,000 COGS $262,500
Gross Profit $250,000 Gross Profit $237,500 + $25,000 ITEX
Fixed Costs $100,000 Cash Costs $100,000
Variable Costs* $100,000 Variable Costs $75,000 + $25,000 ITEX
ITEX Fees $3,000 (6% buy & sell)
Total Cash Cost $200,000 Total Cash Cost $178,000
Net Profit $50,000 Net Profit $59,500
With ITEX sales adding only 5% to total sales = cash profits can be up 19%!
*In our example variable costs are those that you can use ITEX dollars to offset.
Call us today to set your ITEX account up 918.298.2266
2019 tickets: Updated 12.13.19 9am Some of the initial tickets have made their way to us. Please see the updated list below
Ticket availability listed below are in the ITEX office
Tickets/Lodging:
Select OKC Thunder game tickets for those members that are in auto pay and qualify for the TicketNetwork. Coming for the 2019-2020 season!
Schlitterbahn KC tickets - These will not be available in 2019 at this time
Schlitterbahn - New Braunfels (sold out), South Padre, Galveston price range from $55 to $65 each Crescent Hotel in Eureka Springs - certificates available Basin Park Hotel in Eureka Springs - certificates available
Riversport Adventure Day Passes 2020 Season $49.99 each Shows: (# of people per ticket as stated on ticket/voucher) No Refunds on tickets TICKETS MAY BE SUBJECT TO SALES TAX
Amazing Pets @ Grand Country Music Hall $82 each (Each ticket admits 2) 10am show only
Down Home Country @ Grand Country Music Hall $82 each (Each ticket admits 2) 10am show only
Grand Jubilee @ Grand Country Music Hall $82 each (Each ticket admits 2) 7;30p show only
Comedy Jamboree @ Grand Country Music Hall $82 each (Each ticket admits 2) 3pm show only
Ozark Country @ Grand Country Music Hall $82 each (Each ticket admits 2) 7:30p show only (Note: the above are all at the Grand Country Music Hall and the tickets can be used for any show)
Magnificent 7 Variety Show $70 each (Each ticket admits 2)
Bald Knobbers $70 each (each ticket admits 2)
Abba! Thank You for the Music $70 each (each ticket admits 2)
Hamner's Unbelievable Variety Show $70 each (each ticket admits 2)
King Castle Theater $70 each (each ticket admits 2): (New Jersey Nights, Broadway's great Hits, Puttin on the Ritz, or Tenors & Celtic Ladies)
Beach Boys - California Dreamin' $70 each (each ticket admits 2)