BarterBee Takes On Netflix, iTunes, Amazon, eBay and Blockbuster!

LOS GATOS, CA – How do you compete with the world’s largest movie, music, and game merchants? That’s the question the founders of BarterBee.com asked themselves earlier this year when they launched a new online trade-in alternative to Netflix, iTunes, Amazon, eBay and Blockbuster.

Bob Alvin, the CEO of BarterBee, says “BarterBee is quite simply the cheapest way to get music, movies and games. You can get a CD for the price of 1 song, 4 movies for the price of a video rental, and 20 video games for the price of 1. BarterBee helps people get this great deal by trading in music, movies, and games they already have for the ones they want.”

Alvin continued to explain how BarterBee’s innovative non-cash (points) bartering model increases the liquidity of music, movies and games sitting in people’s homes, offices and cars. “The average U.S. household has more than 70 music CDs , 40 movie DVDs and VHS tapes and 17 video games. They have already seen the movie enough times, transferred the music to their iPod, or played out all levels of the game – and frankly they would like to get some value for it if they could. Unfortunately, sites like eBay or stores like Blockbuster have such high transaction costs and offer so little in return, that most consumers don’t do anything with their old media,” he says. BarterBee reports that people trade or sell less than 10% of the $50 billion U.S. household inventory of music, movies and games. BarterBee changes all that by helping customers get the music, movies and games they want in exchange for what they have. BarterBee is able to provide the service efficiently and inexpensively because they do not carry inventory, maintain physical stores, or have a cash based model.

In less than a year, BarterBee has become the leading website for trading of pre-owned music, movies and games. Alvin says he attributes BarterBee’s success to making it easier, safer, and more reliable than other on-line options. “At BarterBee you can list media for free, acquire what you want for a buck, avoid the hassles and dangers of cash transactions, and trade safely by using our insured media mailers,” he says.

BarterBee reports that membership has been growing steadily since its launch with thousands of successful transactions. You can learn more about BarterBee by visiting www.BarterBee.com.

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BarterBee.com is a privately held company headquartered in Los Gatos, California. BarterBee.com offers customers the cheapest way to get DVDs, CDs and video games, and also enables them to get the most value for their pre-owned music, movies and games