
BBX offers wine bartering for NZ market
Business-to-business trade exchange company, BBX has launched its Vines Online service in New Zealand.
It’s a service that offers its members the opportunity to barter for wine through a special section of the BBX website.
BBX’s Vines Online coordinator Michael Munn says it’s a way for wineries to sell top wines and also some surplus stock.
“It has been hugely successful in Australia with over 41 vineyards involved and in 2008 we sold over two million BBX dollars of wine in Australia via the site. All our members can purchase wine by the case from Vines Online but we find that it’s often restaurants and event companies buying it on a regular basis,” said Munn.
“New Zealand has a huge wine industry but from time to time there is an over supply and a trade exchange is a great way to shift it,” he added.
BBX is a membership based trading program whose primary role is to generate new opportunities for all types of businesses and to show business owners how to offset many current cash expenses by using the down time and idle inventory in their business.
(Further information: www.ebbx.com).