A 6.5% cash commission is paid on all transactions run through the network. That’s how we keep the
lights on. Knowing some key things about our fee structure is key to feeling good about belonging to the
network and utilizing it to its maximum potential.
◊ Supporting local is in our bones! The London Barter Network is a London based, local business,
owned and operated by people who live in your community and, like you, want to see our community
thrive. We are as concerned as you are about the rise of big box/big online and the hollowing
out of main street. That is the essence of why we exist.
◊ A good sales representative gets what, 10%, 20%, 30% commission on a sale? We bring you new
business and charge only 6.5% and our base salary is $15 dollars a month. I know right!
◊ Commissions are only paid on completed transactions, therefore our incentive is to see you finding
what you need and getting new business. Your success is literally our success. We don’t get paid
otherwise.
◊ Commissions allow us to pay staff to manage the network, bring new business to you or find you the
goods or services you need by signing up new businesses. When has a bank or credit card company
ever brought you a paying client to help you pay them their fees? Like never.
◊ The commissions paid to us are tax deductible like any other business expense.
◊ Commissions allow us to support local not-for-profits like Pets: Friends For Life, or support mental
health and youth programs through programs like Anti-Anxiety Comedy Improv for Teens and
Adults, through Railway City Improv.
◊ Commissions help us build a network that has each other’s back and cuts the big guys out, and
not out of charity, but out of good business sense. Aren’t you sick of sending your money south or
overseas? Do something about it without spending your critical cash. LBN uses our fees to build the
network and therefore our local community.
◊ We believe in reinvesting and growing, not sucking a good thing dry. We know that we can only
build a solid long-term business by building the network, relationships and hiring staff to service
them. We’re not greedy and we’re in it for long haul and the right reasons.
◊ Best for last! INCENTIVES! Hopefully you will trust us but even if you don’t, how can you know
we are solid and on the up and up??? - because the incentives in our business model are where they
should be and when understanding whether you can trust a business always seek to understand their
incentive structure. It was said earlier but we want to say again because it is SOOO important. We
only get paid if you are selling what you need sold or are buying what you need to buy. Our financial
life is literally on the line if you are not getting value out of the network. That means we need to
spark deals that benefit our members everyday. It really can’t get any simpler, or primal, than that.
Hopefully, you understand now that a 6.5% commission on transactions, you would never have had
without the network, is a great deal. Thank you for being part of LONDON BARTER NETWORK!