Tag Archive for swap

BarterQueen swaps on BarterQuest

I visited my friends in Germany last fall. In addition to an exhausting sightseeing program, they took me to a special event, which was called “Swap in the City.”

My friends thought I would know that concept, because in their minds every new, fancy and hip happening starts in New York City. But in fact I’d never heard of it. They wondered why the “BarterQueen” (that’s their nickname for me) hadn’t.

The structure of “Swap in the City” turned out to be quite simple:
1. Buy a ticket.
2. Pick out three to eight pieces of clothing you don’t need anymore.
3. Drop off your clothes and pick up exchange coupons at the entrance.
4. Use your exchange coupons to acquire clothes you want…start swapping!

While the clothes were being prepared for swapping, we visited several booths which offered mock cover shoots, styling tips, hair, make up and all that “girly” stuff.

Then the swap started. The mood was a bit like when a famous designer is selling their collection at H&M; everyone stormed the clothes that were available to swap. To literally protect ourselves we waited a few minutes. The reality was disappointing. The apparel was not what I had expected. Not bad, but nothing special. There was nothing that would allow me to re-vamp my wardrobe, as the promoters had advertised.

My buddies picked up some t-shirts, and I went home with an empty bag! We weren’t very happy. The only good thing was that the clothes which weren’t swapped would be donated to charity.

The conclusion of this story: BarterQueen much prefers to swap on BarterQuest!

Here are some reasons which made my conclusion so easy:
1. Using BarterQuest is free!
2. Before you start to trade you can see what is available and whether you want it.
3. You don’t have to run to the clothes; once you have listed the clothes you may want to swap, offers can come to you.
4. You can swap your clothes for more than just clothes: all types of Goods, Services and Real Estate!
5. No crowds, no elbows. Trade what you have for what you want from anywhere!
6. Trade within your community by joining or creating a trading club for your friends and family or for people who have similar interests. For example, there is already a “Fashionistas Club” on BarterQuest.

Swap Books!

I found this article yesterday:

“Brooklyn Bookstore Lets You Trade Paperbacks For Coffee”

Molasses Books in Bushwick, Brooklyn is a new bookstore that offers a change from the traditional retail model, letting customers trade their books for a coffee tab (or more books). The store owner, Matthew Winn, is also applying for a tavern license, which will allow you to swap for beer and wine in the future.
The small, curated store is light and open, with space for a dozen people to sit and read and plenty of room to browse. Lots of fiction titles cover one wall, while non-fiction, art, and photography can be found elsewhere. The average book is priced at $1-10. Brokelyn reports there isn’t an exact science for the buying and selling system just yet: “You’ll get about a third of the resale value in cash, or a little more for trade or a tab at the bar.”

(Originally on http://www.psfk.com/2012/08/bookstore-trade-swap-books.html)

I think their business model is interesting. They combine the concept of traditional barter with the opportunity to get something you would otherwise pay for every day, coffee. Conserve your cash and drink your coffee!

Now, BarterQuest can’t offer you coffee for your books. But you can get a lot of other things, including other books. Before your bookcase breaks or your patience breaks over continually dusting books you’ll never look at again, trade them on our site. In fact, if you would like to actually write a book or publish one, swap for it under “Services.”

Start swapping now. You never know what you might get for a book!

Benefits of Online Bartering

Let’s talk about barter. We all know the concept because we do it all the time. It’s in our genetic program (I believe) to trade and reciprocate. When we were little we swapped sandwiches for lunch, exchanged clothes or accessories, toys and so on. It’s a human instinct to negotiate, compare and trade. Done correctly, it’s a classic win-win situation: both parties gain a benefit.
Bartering is an old concept from the times when there was no currency. You might think now that we have money, things are much less complicated. But in fact they are not. Using money in situations you wouldn’t have to can be a waste. And why not gaining double benefits by finally getting rid of an unwanted item and receiving a needed one instead? By doing so you also contribute to a greener world by conserving resources (basically you recycle).
I’ve talked about bartering in general. Now, what are the concrete benefits of bartering online? Are there benefits at all? And how does that work anyway?
Let me tell you, there are numerous benefits. First of all, thanks to the internet as a driving force of globalization, we can reach people all over the globe – within seconds! This is a very interesting aspect when it comes to trading. The potential group of people you could trade with becomes almost infinitely large. You can basically reach millions of people in split seconds. This brings me to my next point: it’s efficient! There is no longer the need to reach out to people who might have what you want and who might possibly engage in a trade with you and meet them personally. Also, there is no reason to be embarrassed. Being part of a barter network means you’re among like-minded people. We understand people who don’t feel like asking the dentist whether they can pay with apples instead of cash.
Bartering-Tips-For-Online-Business-300x300
Another aspect that should be considered is the fact that people who join online trading communities come from different backgrounds and join the network for different reasons. This increases the chances for you to find a matching trading partner.
You can basically go online, register (which only takes a few seconds at http://www.barterquest.com) and your successful trade is only a couple of clicks away. You don’t need cash or a credit card, simply ship your item to your trading partner or perform the negotiated service (or provide your Real Estate). Speaking of goods, services and Real Estate: you can barter with all three categories, meaning BQ will let you trade the temporary use of your house with a car or the service of a nanny and so on (you get the idea).
So why don’t you become a member of the BarterQuest network today, make your lifestyle greener, save money and have fun? We’re looking forward to welcome you in our community! http://www.barterquest.com.

Karin

Yes, it is good to barter

Originally on http://www.barter-blog.com/

Karen Morath of FlyingSolo asks, “Is it good to barter?” and concludes that barter, or as she also calls it “contra deals”, isn’t worth the trouble. Here’s part of her reasoning:

But that’s nothing compared with having to tell your would-be accountant that he or she needs to work for three hours at their rate of $85 per hour as a trade for one hour of your time at $275 per hour.
I’d have to suggest that if you’re having a hard time convincing any customer, barter or cash, that your time is worth $275/hour perhaps it isn’t. On the other hand, if you’re selling out your time with none to spare at $275/hour cash, then she’s right – barter isn’t for you or at least not at the apparently undervalued price of $275/hour.

Barter is great for a number of reasons, including selling excess inventory (whether it’s a product or your own time and labor). If there is no excess inventory and for whatever reason you are satisfied charging a less than market clearing price, barter probably isn’t for you. On the other hand, if you can’t sell your time for $275/hr cash at least a good percentage of the time, barter isn’t the magic bullet that will allow you to get a more than market price. What it can do is create a win-win situation where another business that will need your product/service will get it from you rather than another similarly priced provider.

barter-4

And then there are products, another complicating factor. If you seek to exchange your products for someone else’s services or your services for someone else’s products, should the product price be at retail or wholesale or cost?
This is a little tougher, but again no reason to avoid bartering altogether. Gnerally speaking, if one party wants to price at retail, both should probably price at retail. But there are certainly situations where that isn’t appropriate. If, for example, you are in the wholesale business and are bartering a large lot of fairly low unit cost items (say 1,000 boxes of candy that retail for $2) and trying to purchase something where you are the retail consumer (say a new car), it may be appropriate to barter on a wholesale-to-retail basis. The points to consider are each parties end use and each parties business model. In other words, will your barter counterpart eat 1,000 boxes of candy himself or will he distribute them one at a time to consumers as giveaways at his car lot. If you want to dump 5,000 boxes of candy that are a month from their sell-by date, you may even barter below cost. In that situation, any return will beat throwing them away, especially if your car dealer’s giveaway puts your name in front of the public, too.

Whether it’s a service or product, barter is more complex than simply calling a toll free number and giving them your credit card number. Indeed, that’s why most transactions aren’t barter. Currency is one of the great inventions of modern humans and a giant leap forward over having to barter in every single transaction. That’s one reason most barter experts recommend limiting barter to a fraction, usually around 10-20%, of total sales. Barter can’t and shouldn’t be expected to replace cash transactions, but it’s still a great way to turn excess inventory into cost savings. Handling the, relatively minor, complexities of pricing and negotiation and the somewhat more complicated problem of matching needs is just one way that the smarter business owner will compete with those who avoid barter. The question is whether the business owner who’s afraid or unwilling to compete in this playing field will do much better in others.

Amazing New Ways To Swap, Share & Lend

Originally on http://www.gettingmoneywise.com/2011/12/swap-share-and-land-bartering.html

Inevitably, the needs of the entire population are met by one means or another. Each day millions of people either purchase, exchange products or lend goods and services. Renting and leasing belongings between private parties is fast becoming the most popular way to save money, earn cash and help save the environment.

Bartering Goods and Services
Bartering is the exchange of services or goods between two or more parties. Historically, bartering replaced money in times of economic crisis. Bartering was usually a transaction between total strangers or potential enemies. These days history is repeating itself and the barter system is alive and well in cities and neighborhoods all over the world.

Most people have exchanged goods or services with family or friends. People who know one another lend or swap tools and other household items on a regular basis. Today’s barter system has reached new heights with organized bartering systems that bring complete strangers together to swap merchandize, time or other services. Entire communities unite to lend and share through organized networks; saving time, money and resources.

Thousands of systemized bartering programs have been in existence for many years. They have built huge membership bases that are linked together and allow members access to offer and request goods and services as needed. Most of these programs link people who live in the same neighborhoods. The neighbors barter for things like home and auto repairs and music lessons. Many offer monthly meetings for members to socialize and get help and ideas. Members report that association with the barter groups has resulted in lasting friendships.

Corporate Barter
Corporate barter involves much larger transactions and businesses than regular bartering. Commonly, businesses barter advertising or media exposure for what is called “trade credit”. For example, manufacturers may barter excess inventory rather than trying to sell it by conventional means. The manufacturer will often transfer title of the inventory to a corporate barter company that issues trade credits at wholesale value. Trade credits are used “buy” advertising or other needed purchases.

Corporate barter has grown globally for over 30 years. The majority of corporate bartering is done by huge corporations; most with annual gross sales of over $10 million. As such, many corporate barter companies operate very discretely; without providing details of the transactions or the corporations involved. Recently, the UK announced its first corporate barter system. Members of the London based barter pool pay annual fees based upon the size of their organization. They are then issued identification numbers which let them utilize the system in order to trade. The managing director views the system as a means for businesses to preserve their profit margins, increase sales and ease cash flow.

Ride Sharing
The most common reasons people give for the need to ride share include the high cost of gas, less wear and tear on vehicles, lighter traffic and to decrease fossil fuel use to help save the planet. But another good reason to share driving is the benefits that socialization with others can offer. Global rideshare programs combine all of the above reasons with social networking in which members get to help others and receive help too.

These networks are popping up in countries all over the world because of the success of earlier programs. One network, in operation for over 12 years, has matched up over one million drivers and passengers willing to share a vehicle. Ride sharing networks usually require joining the website and placing a listing to either offer to a vehicle to share or request a ride share partner. Similar to social websites, users can search for potential matches based upon their needs. Members are required to keep listings current by renewing their listing each year.

Child and Elderly Care
Millions of people face the dilemma of providing care for their young children or elderly relatives. For many, the cost of such care is prohibitive and families are forced to make unfortunate sacrifices. The recent surge in swapping child and elderly care has proven to be the perfect solution for families around the world.

Swapping babysitting tasks saves money since payment is in the form of reciprocal sitting services. It also gives the children from both families a chance to get together and play. But the primary reason many people engage in babysitting co-ops is the security in knowing that their children are being watched by other experienced parents that are more likely able to handle the demands of taking care of children. The co-ops are operated much like other trade systems; parents sign up and place ads on the website. Members find compatible matches and interact through arranged meetings if both parties are interested. Several babysitting co-ops also offer pet care swaps on their website for pet owners to arrange care for their animals.

Cooperative care for elderly or ill relatives is very popular in the United States, Canada and all over Europe. The need for these services is a result of family members that need to take care of other issues in their lives while providing quality care to their relative. The co-ops join families based upon location and need. Because the caregivers themselves are owners of the co-op, they have the motivation to provide the best care possible. In addition to excellent care, all parties receive added benefit of making new caring friends.

Human beings will forever have the need for transportation, products and services and care. Generous people have always been eager to share, lend or swap what they have with friends and neighbors. The Internet and other technology have provided opportunities to extend the reach of this generosity using innovative programs and concepts in order to meet the needs of the human race.

Bartering – Learning to do at Home

by Nuria Almeida on 12/02/2011
orginally on: http://www.blog.smarttutor.com/bartering-learning-to-do-at-home/

Bartering has been making a comeback in our community- and many other places. In our homeschooling group, we all barter and it really helps keep our expenses down.
Bartering is simply the swapping of goods for services, goods for goods or services for services.Why pay for something when you can barter to absorb some of the costs associated with services you need?
For example, our homeschool group swaps babysitting duties with eachother so each person can each do their shopping without kids in tow.
A quick checklist to keep in mind when bartering is to:.

Know the value of what you want and what you have to barter.
For example, maybe you offer to clean a friend’s house in exchange for an item they are trying to sell. Once you pick the value of your cleaning service, you can negotiate.

Be Bold, But Don’t be Pushy
Set Specific Rules
These rules can be in the form of a formal document or a verbal agreement. Just make sure it’s understood by both parties.

Start Small
Bartering takes practice. To build confidence, start small and work your way up. After a little while, you will be an expert.

Be Fair
You will only get nothing for nothing. Make sure what you want and what you have to offer in trade are compatible.
Bartering is about creating a mutually beneficial transaction. It is an old art form, and by watching his parents bartering successfully, our son will learn from an early age a skill that is absolutely necessary during hard economic times.

Revenue Down? Bartering Is on the Up!

Originally on: http://careertips.fullblog.com.ar/revenue-down-bartering-is-on-the-up.html

A drastic change in the economy calls for businesses to adapt in order to keep afloat, let alone make a profit. Redundancies, reducing overheads; you know the types of things! The great thing is, businesses can keep “open as usual” thanks to bartering. It’s nothing new, in fact, before a monetary value was put to note and coin, that’s how the world worked. So is it time for bartering to come back? It already is!

You wouldn’t know it, but bartering is big, on a world wide scale. There are barter networks full of thousands of businesses, all looking for the next good trade; but why!? Barter makes use of something that almost every business has; idle resources. If a business has idle resources, there is room to make or save money using bartering. By thinking outside of the box, businesses can start to get their revenue figures back on track. Idle resources could be anything; it really depends on the business. A web design firm may be paying staff 8 hours a day, but only have enough work for 6 hours a day. A camping wholesaler may have gone a bit crazy with the whole “economies of scale” approach and been left with 1,000 extra sleeping bags; items they might never sell! Using the barter system, they could do a two way exchange and swap goods/services they don’t need, for ones they do. Sounds simple? Not always!

Barter networks are great things. One of the main problems with the barter system is a business may find another business offering what they want, but the feeling is not mutual. The transaction will never happen without a facilitator.
Most barter networks have something called “trade dollars” and this is what helps them become the facilitator. So if a business charges $50 per hour for their time and barters 10 hours services, they are gifted 500 in trade dollars. They then use those trade dollars to purchase goods/services in the barter network that they require. A lot of businesses barter their goods/services out at a lower rate, to ensure they are running at full capacity. They pick up extra business (possibly even long term clients), but this has no direct affect on the consumers that pay the sticky prices they offer on a day to day basis.

Business is changing. Cash sales might be down for the majority, but this can be easily compensated by getting involved with bartering and making use of those idle resources!

BarterQuest Giveaway of $100 American Express eGift Card

NEW YORK, October 5th, 2011 – BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, announced that it initiated a contest for a $100 American Express eGift Card. The giveaway is open to anyone who enters between October 5th and November 7th. Winners will be chosen at random from all eligible entries.

This is how you enter the giveaway for a chance to win the $100 American Express eGift Card:

Register on http://www.BarterQuest.com and verify yourself using PayPal or your credit card. If you are already a member on BarterQuest just verifying is enough to enter the Giveaway.

Contest rules can be found on http://www.barterquest.com/home/article/giveaway-rules-chance-to-win-100-american-express-egift-card.

“This is part of our continuing effort to try and make trading on our website as safe as possible and reward those who verify themselves,” stated BarterQuest’s President and CEO, Dr. Paul Bocheck. “BarterQuest remains unique in the technology and features that can make trading easy. Whether you’re a mother looking for clothes or accessories for your children, someone seeking a vacation home or a person wanting a car without the need for cash, our site can be the best way to do it. We hope our promotions encourage more people to find the advantages of barter.”

About BarterQuest

BarterQuest supports the cashless exchange of all types of goods, services, and real estate. BarterQuest provides a trading platform based on proprietary technology (patents filed) that instantly matches the haves and wants of users for two party and multi-party trades. Barter is facilitated by a user friendly Web design that is unique in its combination of features that support trading. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, visit www.BarterQuest.com.

Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.
Vendors seeking further information, please email: vendors@barterquest.com.

Bianca Han, Executive Vice President
BarterQuest
231 West 29th Street
Suite 906
New York, NY 10001
212-279-0070
bhan@barterquest.com

Media
Gutenberg Communications
Kerri Hazama
212-810-4168
kerri@gutenbergpr.com

Commerce – Barter In Times Of Trouble

originally on http://projecttz.com/?p=3419 by Phil Palij

Money is a medium of exchange and a store of wealth. It is very easy to fall into the trap of thinking that no trade or commercial activity can take place without money, it simply isn’t so. In this age of economic uncertainty individuals and countries all over the world are once more discovering barter. So what exactly is it and how is it done?

China, India, Iran a Modern Example

  1. Problem – China owes Iran $30Bn for oil.
  2. Problem – India owes Iran $5Bn for oil.
  3. Problem – International oil payments are made in $US
  4. Problem – International sanctions for the last two years means no $US dollars can be paid over.
  5. Problem – Trade ceases; OR DOES IT?

Resolution

Oil is vital to energy hungry developing countries like China and India so the way out of the crises brought on by sanctions is to negotiate an exchange of goods and services of equal value with Iran for past oil deliveries and future ones too, no ‘money’ changes hands. It is an example of a modern barter deal.

Trade without money?

While barter may seem an old fashioned way of trading in a digital world where billions of dollars flow across continents in a nano-second, but as you can see in the example above it still has its place in the economic toolbox of any nation, and of course any individual. It is not complicated and it is a simple truth.

You don’t need money to trade.

We are looking at barter systems for individuals, small business and communities, helping them trade anything, absolutely anything without the need for money. Money still has an important role in, but you don’t need it, what you do need is negotiating skill and faith in your trading partner.

Advantages And Disadvantages

Advantages

  • Trade for skills, goods and services can take place without the need for money
  • Encourages new business activity in the present expecting to be ‘paid’ for it at some date in the future.
  • Empowers the individual to offer skills, labour and services when he or she has no money.
  • The environment benefits because existing products are traded without the need to create new ones, conserving resources.
  • Barter can be used as part of a deal letting you hold on to your money

Disadvantages

You have to remember that the disadvantages of barter are what caused ‘money’ in commerce to grow in importance, that said, with a little creativity and determination and the advent of the digital age the barriers to its increasing use are coming down.

  • You have to find somebody who has what you want and of course they want what you have and at the time you are both looking.
  • Once you have found a potential trading partner you need to agree how much of your stuff you are willing to trade for some or all their stuff.
  • Barter between friends who know and trust eachother can be done in relative safety. Trading with strangers at the other end of the country who you have never seen before is a risky business.

Some Barter Systems Around The World

With the aid of digital technology and the internet the world of barter can be taken to a very sophisticated level:

Australia

Barter may have been a poor relation in recent times but that is changing. A Queensland company set up BarterCard in 1991 with the vision of becoming the worlds largest trade exchange. According to their site in 2005 the International BarterCard franchises had an annual turnover of AUS$1.2Bn.

United Kingdom

There are an astonishing number of barter and giveaway sites in the UK: inspired by environmental reasons, the desire to re-cycle stuff, and to avoid simply throwing unwanted things away. As users of the freecycle givaway system will tell you, no matter how unlikely the item you put online, you will probably find at least one person that wants it and probably a horde! It works. Barter is one step beyond and that works too. Here are a few sites to browse.

United States

BarterQuest

As you can imagine there are a huge variety of barter sites in the US and here we look at BarterQuest which has been in the news recently. The founders got together over a coffee and financed the website driven business which as yet makes no charge for its services, but will make micro charges in future per barter deal the users of the site make.

You can see their site here www.barterquest.com

What The Press Say

www.timesonline.co.uk- Money is dead – long live barter
www.telegraph.co.uk – Popularity of bartering websites soars

But I Have Nothing To Barter

Oh yes you do, everyone has something to offer. It can be an item that you no longer use, a service or a skill.

If you barter an item you no longer need, you not only remove a little clutter from the house but you save money, help someone else and get something you can really use in return.

If you are an artist or musician, you can barter your talent by offering  music or art lessons in return for what you need.

A skill can be something as simple as helping someone’s child learn how to throw that curveball or teaching the neighbour down the street how to use her new digital camera.

You may know of someone going away on holidays and they may need someone to walk the family pet, mow the lawn, tend to the pool, water the plants or anything around the house for that matter.

These are just a few examples but it just goes to show that you’re only limited by your imagination.

Money as a medium of finance and microfinance does not have to limit the use of barter in any deal. In fact it is capable of creating trade where there was no possibility of any before. The interest here is not to look at barterit from the perspective of large national and international institutions, but from the perspective of the labourer, tradesman, subsistence farmer trying to make their way in the world, educate themselves and build a better future.

Barter is a way of thinking and a valuable personal tool giving ordinary people the chance to help themselves. More case studies from the world of barter will appear on this site soon.

BarterQuest Giveaway of $100 Amazon Gift Certificate

NEW YORK, July 11, 2011 – BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, announced that it initiated a contest for a $100 Amazon Gift Certificate. The giveaway is open to anyone who enters between June 28th and July 31st. Winners will be chosen at random from all eligible entries.

There are three ways to enter the giveaway for a chance to win the $100 Amazon Gift Certificate:

  • You can retweet at least one of BarterQuest’s tweets on Twitter.
  • You can become a fan on the BarterQuest fanpage on Facebook (http://www.facebook.com/BarterQuest) and post on the wall something you want to trade.
  • You can also enter the giveaway by registering on BarterQuest.com and inviting your friends to the site.

You do not have to be a user of BarterQuest to enter. Contest rules can be found on http://www.barterquest.com/home/article/giveaway-rules-chance-to-win-amazon-gift-certificate.

“This is part of our continuing effort to attract people to our site and reward those who have already discovered us,” stated BarterQuest’s President and CEO, Dr. Paul Bocheck. “BarterQuest remains unique in the technology and features that can make trading easy. Whether you’re a mother looking for clothes or accessories for your children, someone seeking a vacation home or a person wanting a car without the need for cash, our site can be the best way to do it. We hope our promotions encourage more people to find the advantages of barter.”

About BarterQuest

BarterQuest supports the cashless exchange of all types of goods, services, and real estate. BarterQuest provides a trading platform based on proprietary technology (patents filed) that instantly matches the haves and wants of users for two party and multi-party trades. Barter is facilitated by a user friendly Web design that is unique in its combination of features that support trading. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, visit www.BarterQuest.com.

Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.
Vendors seeking further information, please email: vendors@barterquest.com.

Bianca Han, Executive Vice President
BarterQuest
231 West 29th Street
Suite 906
New York, NY 10001
212-279-0070
bhan@barterquest.com

Media
Gutenberg Communications
Kerri Hazama
212-810-4168
kerri@gutenbergpr.com