How were goods and services trade by barter websites
Swaptree, which focused on media like books and CDs, bought Swap. At the moment, the company is in freemium mode, though it makes some money from offline swap events. Bennett plans to broaden the business to include buy-and-sell transactions and collect a transaction fee.
Bennett says he believes the future of barter is local. After all, those shipping fees can really kill your motivation to swap. You can narrow your search down to your town with Swap.
You aren't required to trade locally, though. To get started, Swap. Then it matches you up with someone who has what you want and wants what you have. If the economy every really does crash in a big way, U-Exchange could experience a renaissance. The Canada-based site, which has 67, members, seems to be more about bartering services than goods.
For instance, a man in Ventnor, New Jersey posted recently seeking dental work in exchange for installing hardwood flooring. A lawyer in Marlton, New Jersey will do some legal work for a week at someone's vacation house down the on the Shore. There are also goods exchanges — a man in Jersey City offered to swap a brand new Motorola Droid X for a used iPhone 4. The site, which claims 1.
Freecycle was started as a philanthropic venture and remains one to this day. Started by Deron Beal in Tucson, Arizona, in , the organization originally recycled stuff that was being thrown away and gave it to local charities.
In practice, the site isn't much different than other barter sites: You can list things you want to get rid of, look for stuff other people are giving away or put the word out that you're in the market for something.
There are absolutely no fees. The company likens its business model to PBS and draws its income from a combination of advertising, grants and donations. Image courtesy of Wikipedia Commons. We're using cookies to improve your experience. Click Here to find out more. Entertainment Like Follow Follow. Whatever the motivation, if you're a consumer interested in exploring the barter economy, here are a few sites to consider: How EE Barter Works and why you'll love it!
But let's suppose the painter wants to trade to eat at a restaurant but the restaurant is not looking for painting? That's where Exchange Enterprises comes in! Power Trading With EE! Each member business has an individual account in the Exchange banking system and a debit card to use for their transactions. EE then records all their trades, sending the members monthly statements of their transactions and trade balances.
Exchange members do business with each other using the same dollar-for-dollar values as they would in the cash world outside EE. When EE members buy or sell goods or services the transactions are subtracted from the buyer's EE account and credited to the seller's EE account. The transactions are performed using EE debit cards—similar to the bank debit cards you use in the world outside EE.
As well as with hundreds of other businesses across America who trade with The Exchange, too! Or in another example: We match buyers with sellers. So we help the painter find someone who needs painting, or the restaurant who wants to fill more tables, or the dentist who wants more patients.