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Today's Date
July 31, 2010
• • •
NEW!
You can now pay online for your trade directory listings, subscribe to get the RiverHOURS Trade directory mailed directly to you, or order a collector's set of uncirculated RiverHOURS currency. Go to the Join the GLCC page for more details.
• • •
The next steering committee meeting is Wednesday, June 23. Contact the GLCC for more information.
• • •
The Summer 2010 issue of the RiverHOURS Trade Directory will be available after June 21. If you haven't checked it out lately, see how we've evolved!
Why Your Business
Should Accept RiverHOURS
Advantages to accepting RiverHOURS
- RiverHOURS can increase your sales.
- People who accept RiverHOURS will go out of their way to patronize businesses where they can spend RiverHOURS. This generates new and repeat customers for you.
Advertising and promotion for your business
- As long as you remain a member, the GLCC will help promote your participation in the local currency system. Through our trade directory, events, press releases, etc., we will make sure the community knows that your business uses RiverHOURS.
- GLCC volunteers can also provide consultation and support on how to make RiverHOURS work for you, including helping you to find sources to spend your RH.
Businesses that use RiverHOURS
enjoy increased customer loyalty
- Customers will frequent businesses where they know they can spend their RiverHOURS.
RiverHOURS support local businesses like yours
- When you accept RiverHOURS, you are participating in a network that supports
local businesses over national chains.
RiverHOURS are easy to handle
- Since RiverHOURS are a cash equivalent, treat them just as you would cash.
- One RiverHOUR is equal to $10, 1/2 RiverHOUR is worth $5, and 1/10 RiverHOUR
equals $1. Conversion chart
More questions? Contact the GLCC
Setting a RiverHOURS Acceptance Policy
Business owners have complete control over how many RiverHOURS they accept, and can change their acceptance policies to meet their needs. The amount of RiverHOURS accepted varies from business to business, and each owner sets his or her own policy.
We recommend that you begin with a conservative acceptance policy, and increase your
acceptance rate as you develop outlets for spending the RiverHOURS you take in.
Ideas for Acceptance Policies
- As straight percentage of each purchase.
We'll take up to 50% of your bill in RiverHOURS, and the rest in dollars. - As percentage with conditions.
We accept 25% RiverHOURS on purchases over $10.
or
We accept 50% RiverHOURS on purchases made during weekdays. - As flat limit of RiverHOURS per purchase.
We accept 1/10 RiverHOUR per purchase. - As flat limit with conditions.
We accept RiverHOURS for up to half of your total on purchases over $15.
or
We accept RiverHOURS for up to half of your total on purchases before noon. - As a pricing mechanism for specials.
All red-tag items are 1/2 RiverHOUR each.
More questions? Contact the GLCC
© 2004-10 Gorge Local Currency Cooperative, Columbia River Gorge, USA
The Local Currency Education Project is a joint venture of
the Columbia Gorge Earth Center and Gorge Local Currency Cooperative
updated March 8, 2010
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