Submitted by Administrator on Thu, 01/12/2017 - 12:42
As we all know business is affected by supply and demand. When supply is high and demand is low you have a “buyer’s market.” Prices are often low and moving inventory can be tough. Barter is a great business strategy that can help get a business through those tough times and also during good economic times. Trading helps you move inventory even when your customers are unwilling to part with cash. It can also help you get full value for your inventory in times when you have to discount to sell it for cash.
Submitted by Administrator on Fri, 09/12/2014 - 15:47
People generally fear anything to do with finances (unless, of course, they have won the lottery). In fact, this may be the number one thing that people AVOID. We can be very good at justifying why we really dont need to concern ourselves with our financial state of being right now. These justifications include: Something is going to happen really soon that will turn things around, My debt isnt that bad, Im still so young; Ill start saving soon, Ill deal with the bills later.
Submitted by Administrator on Fri, 09/12/2014 - 15:39
BARTER IS ABOUT RELATIONSHIPS
By Superbuck
One of the great things about barter is that it is relationship based. In the cash world, especially in the current economy, it’s very easy for a transaction to be adversarial. You want the best possible product/service for the lowest possible price. Additionally, if something doesn’t work out exactly as planned, you somehow feel like you’ve been ripped off. The relative ease of a cash transaction takes the humanity out of the deal.