Turning empty rooms into cash
Every night 40% of all hotel rooms are empty. Imagine being able to monetise these rooms and get them to pay for themselves for once!
Ormita buyers will pre-purchase a certain amount of your previously unsold rooms from you on a fixed-term committment and will pay you a percentage of the room price in cash [to cover the incremental cost to provide cleaning, pay taxes and cover any fees] and the balance in goods and services that make up part of your regular monthly budget [maintenance, cleaning, food supplies, advertising etc].
You can also convert unsold rooms into investments in new start-ups / micro-enterprise in your local area! Imagine investing in the next Google for FREE!!!
Buyers pay you 20% in cash and the rest in Ormita credit. Ormita charges 7% on the transaction which comes out of the cash the buyer pays you.
We work to a fixed monthly budget with long-term committments between buyers and sellers and there is no over-pricing or inflation.
Non-cash trade represents 30% of the worlds economic activity.
70% of Fortune 500 companies do it.
65% of New York Stock Exchange listed businesses do it.
In Switzerland it accounts for nearly $6 billion USD a year in transactions and involves almost 30% of the Swiss business population.
There has never been a better chance to get involved in opereating your own reciprocal trade organisation but here are some hints on how not to get stuck with the wrong one:
Networks are like banks
If the operator says your new area can spend as much as it likes without balancing its buying and selling proportionally then there will eventually be a credit issue [too much or too little] causing trade to stop.
Ensure that the technical issues are sorted
Alot of things go into running a bank. Document management, version control and distribution. Affiliate tracking. Transaction processing. Customer Relationship Management. Campaign Management. Online learning systems. Email. Telephone systems. Ensure that you have all of the bases covered from day 1.
Run a balanced network
Don't join just "anyone". Only accept businesses who will be useful to other participants in the network. The cost to service a business who is unable to trade [answering their emails, telephone calls, trying to find them buyers etc] may be higher than any of the revenue earned in the first place.
Ensure that all of your policies and procedures are well documented
Document things before-hand. Fixing issues after they occur takes time and is costly. You will need everything from a complaints procedure, standards guides, document approval forms, operations manuals, legal agreements of all types, human resources policies, transaction polocies and more.
Have materials to educate your customers
Ensure that your customers understand how the business operates as this will reduce questions later. Handy fact-sheets, guides and manuals will be useful to provide them with the resources they need to trade effectively and also "spread the word" about the network.
Know your cost structure
Ensure that you know the exact profit-margins on everything you do in the business. From sending out statements, to running events, to joining new members, to enrolling affiliates.
Understand the impact on the greater community
Realise that your network needs the community as a whole to support it and give it buy-in. Have affiliate programs, offerings for non-profits and charities, reward community groups and students, get involved with universities and organisations. The more you can stimulate the local economy the better your reputation will be and the more trade you will be able to achieve.
Ormita has it all - a complete working system available to roll-out immediately with everything you need to get going and in-depth onsite training.
Ask us for more information.
Copyright 2009 Ormita Australia Limited
Ormita Australia Limited
Corporate Mail Bag:
PO Box 638. Booval, QLD, 4304. Australia
T +61 7 3121 9657 F +61 7 3123 5908
Ormita Canada. CP 5043. Sainte-Adèle, Québec. J8B-1A1. Canada
Ormita International Limited LLC. PO Box 16120. Pittsburg, PA, 15242. United States of America
Ormita New Zealand. PO Box 132009. Sylvia Park, Auckland. New Zealand