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Using BizX | BizX Education

The Cashless Economy - Year in Review

January 11, 2016 | Written by Matt Beuschlein

What a year this was!! BizX did big things with 2015 and has even bigger plans for 2016. A huge thanks to all of the incredible members and fans that helped us get to where we are today. We would be nothing without your continued loyalty and support.

This past year we made major steps towards our vision of becoming the world’s strongest and most widely accepted private currency. But our vision is next to nothing without our guiding purpose, not to simply save people money, but to improve people’s lives and businesses. To really see what BizX has accomplished you need to look at what we have helped our members achieve in 2015.

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The Good, the Interesting and the Most Purchased!

BizX hosted a lot of great member events this past year! Our Holiday Party up in Seattle, the End of Summer Party in the Bay area and many more in between brought our members together in force. Throughout the year, we learned that the BizX community knows how to work hard and on balance, parties hard too! BizX poured 1,975 drinks at these events.

Restaurants have always been a popular draw within the BizX community. But who knew the BizX community had such an appetite?! 101,828 meals where bought using BizX in 2015.

Travel has always proven extremely valuable to our members and in 2015 BizX booked 2,017 trips for our members! Not only that, but we helped hotels in the network fill 11,271 empty hotel rooms using BizX. Over 11,000 rooms would have gone unused were it not for the new business BizX brought these hotels last year.              

The BizX community isn’t only innovative, but full of spirit too. Teams like the San Francisco Giants, Seahawks, Raiders, Sounders, Warriors, Forty-Niners and the Mariners are all member favorites and you all proudly showed your hometown spirit by using BizX to buy 5000 different items supporting these teams. From tickets to jerseys, from suites to arm sox, the BizX community definitely lets its spirit and loyalty be known!

Awards and Accolades

Since getting our start in 2002, BizX has been featured on the Inc. 5000 fastest growing companies list 7 times now, thanks to our 2015 inclusion. That alone is a huge accomplishment for BizX, and we’re proud to say that that wasn’t the only recognition we’ve received this year.

Bob Bagga, our founder and CEO was honored as IRTA’s 2015 Hall of Fame Winner. This is a much deserved award and is the highest honor that the International Reciprocal Trade Association can bestow.

Savings, Spending and New Additions in 2015

Our members put up an astonishing ¤81,930,636 in total transactions this year. You read that right, the BizX community as a whole used over 81 million BizX dollars this year instead of cash.

2015 saw great growth within the community! We added 613 new members across the network that are all actively looking for business. Help us grow even more in 2016 by referring business to our community! Did I mention you earn BizX in the process?

Money Raised for a Good Cause

There is an extensive list of awe-inspiring organizations changing lives because of the generosity and commitment from the BizX community. In 2015 BizX was able to bring the all-time total charitable contributions up to $742,445! Lives have definitely been changed for the better thanks to the generosity from the community.Year_in_Review_Infographic_preview.jpg

Member Satisfaction

BizX launched the Member Care team this past year, with our purpose being to make sure each of our members has an exceptional experience within the network. Member Care helps all of our members with everything from running transactions to booking travel, finding a caterer or an auto repair shop.  We’re YOUR resource within the network for quick and easy answers to all things BizX.

Of the 891 member responses received in just 8 short months, we’ve achieved a 98.1% member satisfaction rating. That is an incredible 16% higher than the average online customer service rating.


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