Tag Archive for trade

When Autumn Leaves Start To Fall

The season is changing: Fall begins tomorrow! This time of the year marks the transition from summer into winter, when the arrival of night becomes noticeable earlier.

Winter is an etching, spring a watercolor, summer an oil painting and autumn a mosaic of them all. ~Stanley Horowitz

Fall is a mosaic for me too and I would like to describe the five pieces of my fall 2012 mosaic.


Let’s start with music! “Autumn Leaves” from Nat King Cole is one of my favorite songs for this time of year. It reminds me of the old black and white movies of yesteryear. Get in the right mood for fall and swap for a collection of over 1,500 Vinyl LP’s.

“Love it or hate it” my boyfriend told me last Saturday while he watched football instead of helping me to put together our new kitchen unit. I realized that with fall, for better or worse, football season arrives! I have come to the decision that I suffer his favor for football. So if you, like me, have decided to make the best of it on fall weekends, you might as well get “extra points” and give your boyfriend a gift. Trade for an Autographed Earl Campbell Football. You may never have to build out your kitchen alone again.

In the end of October I always ask myself the same question: What will I wear on Halloween? During the year I have a couple of ideas, but if you’re anything like me you procrastinate until it’s last-ditch. To get ideas, you can go to BarterQuest and trade for a costume. You may want a Scream Costume. I guarantee that no one will know you!

I love my mother but every year on Thanksgiving it’s a disaster. She runs through the kitchen like a headless turkey. She drives not only herself, but also my father, my brother and me crazy. This year everything will be totally different. I am hosting Thanksgiving. My secret will be to arrange for a private chef! Barter for a Professional “Chopped” Champion Chef.

Last but not least, I love to walk through Central Park on Sunday afternoons in the fall. When the wind twists the colored leaves from the trees I dream of my own piece of land or be somewhere else!

Bacon Barter

Is it worth to spend millions of dollars into a commercial for a new product? In times of Social Media – where it is rather easy to get attention of a huge community through Facebook, Twitter and YouTube – a well known, traditional American company has the inspiration of barter!

Actually the proposal of “The Great American Bacon Barter” is not new: A man on his mission across the country without any cash and credit cards. In this case actor, comedian and writer Josh Sankey embarked his journey on Monday from New York to Los Angeles and all he has to barter is just a trailer full of 3,000 pounds of that new bacon! After four days on his road trip he bartered the bacon for food, lodging, football tickets and everything else he needed.

But is this project realistic? On the one hand the value of bacon is almost $20,000. So, Josh is able to spend approximately $1,430 a day to travel from the east to the west coast. It’s a large amount for two weeks – just for one person! The other aspect is about the camera team which comes along with him. A camera pays attention and you are focused on the person in front. As a result it makes it easier to get what you want. Nevertheless Josh had to learn how to barter: He didn’t complete his exchanges in the first pace. Step by step he traded his bacon for what he wanted. The actor could be glad that Americans have a fever for bacon!

Apart from that this campaign is a big promotion for the business, brand, product, Josh Sankey and also for barter! Everyone is currently talking about Josh’s expedition and for what he will barter bacon next.
BarterQuest likes his challenge, that he makes bartering more popular and our company will follow him for the next ten days!

Fly Away with BarterQuest

I wish that I could fly
Into the sky
So very high
Just like a dragonfly

I’d fly above the trees
Over the seas in all degrees
To anywhere I please

Oh I want to get away
I want to fly away
Yeah yeah yeah

Did you feel the groove and get the urge to escape? Sometimes I have that wish to leave everything behind as Lenny Kravitz describes in his song “Fly Away.”

Of course, there are too many causes which hold us back: Our debts, conscience, and the responsibility in the face of our job, family, partner, children, friends, or maybe we are not brave enough to dare this adventure! The list could be continual.

Apart from that money will be another aspect that keeps us back from the idea to buy a ticket to the Caribbean and enjoy the next two weeks at a turquoise ocean with a beach full of white sand you have ever dreamed of!

But to fly away doesn’t have to be expensive: Barter for it! Our user Paul is a private pilot and shows you New York from another point of view. Above all you can fly as a second pilot. Fly away with Paul!

Unfortunately Paul is the only pilot who offers his service. Therefore BarterQuest wants to increase this category. Do you know a pilot or are you a pilot and want to give away a special moment to our users? Register on our site and

Let your spirit fly
Where we are one
Just for a little fun!
Oh oh oh yeah!

I want to get away
I want to fly away
Yeah yeah yeah

Mark Your Labor Day as Barter Day

“Thank God it’s Friday!” nearly every one has that thought each Friday. This morning it was more heartfelt than usual because we have one more free day to enjoy: Monday, September 3rd we celebrate Labor Day!

But honestly, do you really know why we celebrate Labor Day?

Here are five historical, interesting (and unnecessary) things to know about this holiday:

1. Labor Day is an American federal holiday observed on the first Monday in September that celebrates the economic and social contributions of workers. It pays tribute to the contributions and achievements of American workers.

2. One of the reasons for choosing to celebrate this on the first Monday in September was to add a holiday in the long gap between Independence Day and Thanksgiving.

3. The first Labor Day was held on Tuesday, September 5, 1882 in New York City. Its origins stem from the desire of the Central Labor Union in that city to create a holiday for workers. It became a federal holiday in 1894. It was originally intended that the day would be filled with a street parade to allow the public to appreciate the work of the trade and labor organizations. After the parade, a festival was to be held to amuse local workers and their families.

4. Traditionally, people did not wear white clothes, particularly shoes, after Labor Day.

5. It is largely a day of rest in modern times. Many people mark Labor Day as the end of the summer season and a last chance to make trips or hold outdoor events.

So why connect Labor Day with barter? Barter was the first form of commerce; before the introduction of currency the goods and services produced by workers was traded…what you have for what you want. It was a pure and direct bridge between the fruits of your labors and what you needed to improve the quality of your life. These days barter remains a great way to share what you have that is no longer of great value to you and get what is. It recycles our work products and preserves our environment. So if we can let’s find what we need through BarterQuest and barter to get back to our working roots appreciates the work of trade every day.

Mark your Labor Day as Barter Day!

Save Money for Your Business with BarterQuest

Every one of us has dreams: Some are just ideas; several are so crazy that they will never come to be; and then there is that one special dream we think about over and over again until we turn it into a reality.

The founders of BarterQuest had a dream six years ago that became a reality. It wasn’t easy, but they believed in it and persevered. Now BarterQuest can help to turn your business idea into a reality through business to business (B2B) barter.

1. Services or Goods You Have to Offer
Make a list of services or goods you have to offer. These are your HAVES.

2. Use BarterQuest
Become a business member and join our business trading network . Get an impression what other businesses HAVE and WANT.

3. Post your HAVES and WANTS
Post your HAVES and post your WANTS, the things you need for your business.

4. Save Your Money by Trading
Search or use our MATCH to find potential trades.

5. Join Club Communities -
You would like to find other businesses to trade locally, nationally or internationally? Join the New York, US, or World clubs to network with other businesses.

Each time you barter for what you need instead of buying, you can be (1) converting excess inventory (a cost) into things you use in your business (a benefit), increasing your profit margin, (2) conserving your cash (helping cash flow and management of personal finances), and (3) networking for new clients. Bring your dreams one step closer by being smart and bartering!

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

Think barter, grow richer!

Originally on http://kofiboahen.com/?p=41

Bartering is fast becoming an increasingly popular business growth strategy. The U.S. Department of Commerce estimates that 20% to 25% of world trade is now done in barter. Corporate barter is now a 20 billion dollar industry (corporate barter is only one type of barter). Everyone from business corporations on the New York Stock Exchange to small home – based businesses are jumping on the barter bandwagon.
Judging from all the emails I received from my previous barter article (if you missed it, you can read it on my blog, quantumprofits.blogspot.com). I intend to really delve into specific barter strategies that companies can easily replicate to lower their expenses and by default boost their profits. These strategies I will be discussing are highly valuable in the sense that they are very practical and more importantly if they are applied properly, companies can rake in millions of Cedis in profits depending on the size of the company’s operations.I have not only discussed the issues but I have included real – life cases of companies practising these barter strategies and profiting immensely from it. My idea is to show you that these strategies really work and that your company can and should also take advantage of these opportunities.

Save-Money-1-537x402

1) Save cash on capital and operating expenditures
With the right barter system incorporated in your company’s marketing and procurement strategy, your company can save large sums of money. Once your company has clearly identified the capital items needed, be it computers or cars; the company can then contact a competent Barter consultant (BC) to help identify the appropriate swap partners and to ensure a smooth transfer. It usually becomes very necessary to use the services of a BC if the swap is not direct. The BC will usually introduce other parties into the transaction to ensure that the deal goes through smoothly. In the same vein, barter can be adopted in financing operating expenditures at huge discounts. Once the company identifies all key operating cost centres such as internet expenses, telephone charges, fuel charges etc. The company then works with the BC to identify companies who provide such services. The BC will then have the responsibility of ensuring that your company receives what it needs without necessarily paying cash. To do this, the BC will also have to satisfy the supplying company, sometimes this requires the introduction of a third party who wants your products and has what the supplying company needs. To illustrate, recently a client of mine (a major player in the media industry) financed large portions of its capital items including cars and computers and also key operating expenses such as yearly internet services as well as end of year employee gifts (flat screen TVs) through barter. The company thus saves millions of Ghana Cedis by adopting this system of business.

2) Vastly expand your available advertising budget without any cash
An international air courier company in competition with Federal Express hired a barter firm to help finance its entire advertising campaign. The barter firm secured the advertising for the company and paid not with cash but in air courier credits. The barter firm’s job in this case was to convert the credits into cash (only to new non – existing clients) for onward payment to the media house. In the end, the courier company enjoyed its advertising up front, kept its cash reserves intact and more importantly lots of the cash conversion barter sales (some of which were Fortune 400 companies) have continued to use the air courier on a full–cash–paying basis long after their barter credits were used up. So far, in the eight years since the original trade was done, nearly 24 million worth of resulting “cash continuation” business has occurred as a lucrative “by – product” of the initial one – time barter transaction.
Whiles this example is foreign, it is entirely practical in Ghana. For instance in the last couple of months, my company (QuantumProfits Consult) helped negotiate a barter advertising deal worth over GH 80,000 carried out by a major furniture outlet across different media without a cedi changing hands. Apart from the company enjoying increased business, brand awareness and recognition from the advertising campaign, it has also enjoyed lots of referral business from the customers who bought the bartered goods from us thus leading to huge residual benefits for the company.

3) Finance rapid growth without cash
Carnival Cruise Lines, a Florida based cruise line, which is now one of the largest cruise lines in the world started with a single ship and very little operating capital. The company through its barter agency traded empty cabins for radio, television and newspaper advertising in 100 cities over a ten-year period. The underlying philosophy was very sound. First, the cost of an empty cabin once the ship sails is minimal. Second, the passengers usually spend considerable cash in the bar, casino, gift shop and shore excursions, thus the net cost to the cruise line to fill an empty cabin was literally zero. Stated differently, they made massive profits off the bartered cabins being occupied instead of going out empty.
The strategy yielded huge dividends; they used the technique to become one of the largest cruise lines in the world and continuously advertised in 100 cities for more than 10 years without ever paying cash. More importantly the company generated over a $100,000,000 in revenue. The owner of the cruise line is now on the Forbes billionaire list. It all started with one thirty year old ship and heavy barter advertising.
This strategy is very practical for companies within the hospitality and airline industries which have very perishable services. With the right barter strategy in place, such companies can advertise very heavily to raise more revenue during the yuletide period as well as create a strong brand in the long term. For hotels in particular who usually shun advertising as a result of revenue difficulties, barter is a wonderful option. This is because, apart from the fact that they can now get the all the advertising they want without paying in cash, people who purchase the barter credits still have to buy food from the restaurant as well as pay for other services the hotel offers, hence generating more revenue for the hotel.

4) Continuously generate a steady stream of profit at far above close – out prices
A major Japanese auto manufacturer had 1,000 cars that were in the U.S. that they had been unable to sell. With the help of a barter agency, the company bartered the cars to radio and television stations in selected markets at full retail prices. The advertising credits was used to introduce a new sports car that become a runaway success but which the company could not afford to previously run advertisements for.
The bottom line, the cars were sold at full retail prices and millions were saved on the advertising schedule and the introduction of the new sports car became the basis of a blockbuster success for the auto manufacturer due to continuous brand awareness and visibility as a result to the advertising credits it acquired solely on trade.
This barter strategy is also very practical for manufacturing concerns as well as importing companies, who may usually have a need to move out old stock to make way for new stock or new models. Rather than sell at heavily discounted prices which can create holes in the company’s account statements and create problems with stockholders, barter may be a smarter option which allows the company to sell at fair prices without affecting the company’s brand as well.

5) Employee and stockholder benefits
Many companies issue employee and stockholder benefits in barter either for the company itself or for other bartered goods or services they have acquired. Christmas presents, sales bonuses, customer inducements can all be given without using cash. For instance, most of my clients do not use cash in buying Christmas presents for their staff. My outfit is very busy now bartering from flat screen TVs to hotel credits to be given to various employees for their wonderful service during the course of the year. Honestly, your company can and should be doing same.
Truth be told the barter strategy is no discriminator of businesses, as long as your company produces a product or a service that has value to a certain customer group, your company has what it takes to cash-in from incorporating barter in your marketing and procurement strategy.
After reading all these specific barter strategies and the accompanying examples, I’m sure you are wondering which strategy is right for your company. Well that’s the million dollar question. Finding out the best strategy for your company and implementing it properly could see your company slashing its cost down significantly and automatically improving profits. As I usually say, nothing substitutes for good professional advice. It is time to have a chat with a competent BC. The BC will help you find a good barter strategy as well as integrate it in your system with little difficulty so as not to completely upset your established organisational plan. Trust me, if you really want to get on the barter bandwagon, that’s the best advice you should heed to.

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.

Tight Budget? Barter!

Originally on http://dangerouslee.biz/2011/12/12/tight-budget-barter/

As much as solo parents face emotional problems dealing with the absence of Dad (or Mom, if the solo parent is a widowed or custodial father), not all problems that challenge solo parents are of the interpersonal variety. Some are practical…like the shortage of funds that is frequently more severe in a one-parent family.

These days it seems that everyone is feeling the pinch…but, as usual, the problem tends to be more severe when there is only one wage-earner, and especially when she needs to also pay for child care while she’s out earning those precious dollars. But even if your kids are old enough that you don’t need daycare or after-school care for them, money is likely still an issue.

An old-fashioned approach to this problem still is very valid in today’s society: barter. And it solves not only financial issues but other issues as well, such as a shortage of time or talents.

Shortage of time? Yes. Suppose you feel you don’t have the time to clean the house thoroughly every week and work 9-to-5 and help the kids with their homework and cook nutritious meals and balance the checkbook and pay the bills and spend at least a little quality time with the kids…never even mind having some “me-time” just for yourself? What if you could get someone to clean the house for you? Or cook dinners? Again, money figures into the equation: Most any service is available for those well-heeled enough to pay for it, but you may not be related to Donald Trump or have access to Warren Buffet’s wallet.

You can barter for the services you need. Is there something you can do, create, or otherwise trade for the services of someone who can in return clean the house or make dinners for you? Now, of course it’s likely to take some of your time to perform the service you’re trading, but maybe that will take place at a more convenient time for you. Maybe it’s not that you lack time altogether to do the task you’re looking for help with. Maybe you just don’t have time to make dinner when you first get home from work, if the kids are little and you want them to be in bed early, but you have time later in the evening during which you could do some sewing on your machine for a friend in trade for her delivering prepared home-cooked dinners for you five days a week. Or maybe your workday ends at 3 PM and you could watch the kids after school for another friend, along with your own kids, in trade for her cleaning your house thoroughly on Saturdays while you go out grocery-shopping and doing errands.

Shortage of talents? Yes. Maybe your problem isn’t a shortage of time so much as a lack of skills at sewing the kids’ clothes, painting the house, grooming the dog, or doing some other task. Again, these are skills that can be hired if you have ample money at your disposal, but these days few of us do, especially solo parents. So rather than strain the budget, botch the job doing it yourself, or go without, see if you can barter.

bartering

Finding a bartering partner

How do you find a bartering partner? Start with the people you know. Who among your friends or acquaintances can create or repair those clothes, clean your house, install that new garbage disposal, paint your living room, groom your dog, or perform whatever other task you need? Be ready with an offer of your own in return: What can you offer to make or do for this other person? Have several suggestions in mind in case the first one is rejected. The person you tap to barter with may be amenable to a bartering arrangement in principle but not in need of the first thing you suggest trading for. If Sonja is willing to clean out your garage but doesn’t want an apple cake every week for four weeks in return, what else can you offer her in trade? Can you tutor her son in math? Can you help her write her résumé if she’s seeking a better job?

If none of your friends or acquaintances is interested in bartering or is able to provide the specific service you need, enlarge your scope. Try advertising on CraigsList, on a community bulletin board (literal or online), using word of mouth (asking friends and acquaintances whom they know who might be able to provide the needed service), or you might even consider setting up a barter exchange organization in your community and becoming your own first client.

Too, if the service you want to have performed for you is something that might be performed by a business owned by a sole proprietor, try approaching the business owner with a bartering proposition. If a company is a Megacorp-type with a board of directors and stockholders (public or privately held), forget about it. But remember, some corporations and LLCs are simply legal protection sheltering a sole owner or, perhaps, a pair of partners or a mom-and-pop operation. So don’t let the fact that Pete’s Plumbing is owned by Plumbing Specialists, Inc. dissuade you from making your proposition to them. The sole stockowners in Plumbing Specialists, Inc. might be Pete and his partner or Pete and his wife…or just Pete himself.

In this tight economy, Pete’s Plumbing, Housepainters Deluxe, and various other service providers are likely struggling to make their own ends meet, and while they’d love a cash-paying customer, if you can provide a service (or item) in return for their services, and it’s one they want or need, they may be very happy to be able to get it without a cash outlay. Can you design or write advertising materials for them, clean their offices, write a commercial jingle, or provide any other service for their business (or possibly for their home), in return for their doing some work for you?

I have heard from more than one person whose father was a doctor in “the old days” and accepted chickens or slabs of bacon in payment for their fees. While it’s rare anymore to find a physician who’ll barter his or her professional service for other services, let alone for food, many other types of service providers may be agreeable to that kind of arrangement.

You never know till you try.

Bartering—it’s an idea from the past whose time has come again, and it can be a particular boon to the solo parent with just one household income and one set of skills (yours) in the home. Try it.

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.