You’re Invited to Accept Trade In Time Credits
Our TIME Bank Mahoning Watershed warmly invites business partners who embrace the value of gifting unpaid work time. We welcome your business, organization, or nonprofit to join us in appreciating, honoring, and recognizing the invaluable contributions of community volunteers.
At the heart of our core economy are the exceptional corporate partners who accept Time Credits for the hour-for-hour contributions of our incredible volunteers. These partners create meaningful opportunities for our members and are part of a pioneering national network. We’re always excited to welcome new organizations into this initiative. If you’d like to get involved, we’d love to hear from you! Click the link below to schedule a time to chat about this opportunity: https://pickatime.acuityscheduling.com/
Zero Marginal Cost –
Maintains the current cost burden while attracting a new customer segment to generate additional revenue.
Typically, business owners aim to reach full capacity by offering general discounts. However, this conventional approach has a drawback—it often reduces revenue by including customers who would have paid full price anyway. In contrast, accepting Time Credits (a type of complementary currency) allows businesses to distinguish between customer segments without impacting income from their regular patrons. For example, a business might choose to accept Time Credits only on weekdays when they have more availability while keeping weekends reserved for full-paying customers. This strategy mirrors how airlines use frequent flyer mile programs to fill seats, instead of offering general discounts, and set restrictions like excluding key holiday dates for reward seating.
Why time credits could be great for your business
Time Credits (complementary currencies) enable businesses to tap into otherwise unused resources, transforming them to address unmet needs. This additional payment method can be utilized by businesses in any way they choose. Moreover, participating businesses enjoy indirect benefits, as they are recognized by their regional customers as active contributors to the social and environmental quality of life—all without the need to increase taxes.
Accepting Time Credits in your organization is straightforward. We are able to walk you through the steps towards becoming a Time Bank partner. Being part of our network can also help you!
Time Credits can help you diversify your audiences, reach out to isolated communities, make better use of your facilities, develop your marketing in local communities and much, much more. Please CLICK the following to set up a time to Chat about this opportunity. https://pickatime.acuityscheduling.com/
Join the community List of Venues that accept Time Credits
C
Invites