Barter system makes the exchange process very difficult and highly inefficient. Money has overcome the drawbacks of barter system in the following manner: 1. Medium of Exchange: As a medium of exchange, money has removed the major difficulty of lack of double coincidence of wants in barter system. It separates the acts of sale and… Continue reading Barter system make the exchanges process
Direct one-on-one barter can be great, but a barter exchange takes trading to another level – it’s barter, only better! Community Barter Exchange (CBX) has transformed the typical type of direct-trade transactions and made it smarter, easier and infinitely more valuable. When business barter with Community Barter Exchange, they enjoy many profitable benefits, including: New… Continue reading Barter Means Only Exchange & Saving Cash
Have you ever had an item sitting in your home that’s just too good to discard, but you know you’ll never use it again? You can turn an old possession into something new by bartering. Bartering is the process of obtaining goods or services by direct exchangewithout the use of currency. In times of… Continue reading How to Barter for Goods & Services – Tips and Methods to Trade
Bartering is back. Well, of course the direct exchange of goods and services championed by Aristotle never went away, but in these straitened times, old practices are being reinvigorated using modern tools. As the main form of exchange, it’s a bit of a palaver. Imagine going to the market looking for a sack of grain,… Continue reading Exchanging goods and services without cash is becoming a way of life in parts of Greece. But does it work on a smaller scale?
When you are conducting business, it’s important to know how your money comes and goes. One of the things I keep my eye on is what percentage of my total business I do in barter. Exactly what the ideal percentage is will vary and could be a good topic for another article. What I want… Continue reading Calculating the “real” percentage of business you conduct in barter
Barter Fanatic Blog, (2015). It takes time to barter. [online] Available at: http://barterfanatic.com/it-takes-time-to-barter/ [Accessed 23 Oct. 2015].
At the most basic level, barter is about making sure that two potential trade items/services are of relative equal value. You want to make sure you are comparing “apples to apples” and not “apples and oranges.” This not only means that both trade items should be the same price, but that they are both priced… Continue reading The value of MSRP in barter