One of the earliest economic activities is the exchanging of goods and services for other goods and services. This was, and still is, known as bartering. Those who wish to engage in the historic practice in this modern technology centered world have an opportunity to do so through the use of barter exchange sites.
Bartering started because of a situation in which people wanted to have the goods or services others possessed and were willing to give up some of what they had for this. This is a need that still exists today and this is why bartering is still relevant. Virtual bartering platforms allow people to trade the items they no longer need or have in excess, for other items that they desire to have.
The items that are exchanged on these platforms vary. They range from larger items such as houses and property to smaller items such as books and stationery. Despite the nature of what is traded, the traders have control over the deals that they make.With these sites, the power is placed in the hands of the traders, who get to choose what items they exchange and what items they accept as a suitable replacement for the items they part with.
They key to establishing grounds for a good deal is consensus. Both parties must agree mutually that the items being exchanged are equal in value. Without this key feature, which incidentally is the same for face to face transactions of this nature, a deal cannot be made.
Sometimes a trader might find the process a lengthy one. This tend to happen more often when the item being put up for trade is not very valuable or not really in high demand. For those who have a very valuable or unique item, the process might be more rewarding. This is so as the trader who is in possession of a rare precious item will receive many offers for trading and will be able to pick from a wider variety of options.
Political and geographical boundaries are broken down through these sites. Depending on the restrictions and rules of jurisdictions in which they live, people from all over the world are able to use these platforms to do business. Very few states or jurisdictions have regulations that restrict the use of these virtual platforms because the trend around the world is to move towards the creation of a global business community.
Since traders on these platforms are doing business with people who live in other countries, or in remote areas of their own countries sometimes, the need for delivery arrangements is a factor that must be considered. Depending on the platform being used, traders may find that the delivery arrangements are covered when the deal is made or that they will have to make arrangements for the delivery to be made.
Without a doubt, these trading platforms play a pivotal role in helping people to engage in bartering practices, and sometimes form long term business relation ships with others around the world. In this capacity, they contribute to the development of a global community that is minimally affected by geographic and political boundaries. They also help to preserve an age old practice that has not outlived its relevance despite the changes that have taken place in the world.
Bartering started because of a situation in which people wanted to have the goods or services others possessed and were willing to give up some of what they had for this. This is a need that still exists today and this is why bartering is still relevant. Virtual bartering platforms allow people to trade the items they no longer need or have in excess, for other items that they desire to have.
The items that are exchanged on these platforms vary. They range from larger items such as houses and property to smaller items such as books and stationery. Despite the nature of what is traded, the traders have control over the deals that they make.With these sites, the power is placed in the hands of the traders, who get to choose what items they exchange and what items they accept as a suitable replacement for the items they part with.
They key to establishing grounds for a good deal is consensus. Both parties must agree mutually that the items being exchanged are equal in value. Without this key feature, which incidentally is the same for face to face transactions of this nature, a deal cannot be made.
Sometimes a trader might find the process a lengthy one. This tend to happen more often when the item being put up for trade is not very valuable or not really in high demand. For those who have a very valuable or unique item, the process might be more rewarding. This is so as the trader who is in possession of a rare precious item will receive many offers for trading and will be able to pick from a wider variety of options.
Political and geographical boundaries are broken down through these sites. Depending on the restrictions and rules of jurisdictions in which they live, people from all over the world are able to use these platforms to do business. Very few states or jurisdictions have regulations that restrict the use of these virtual platforms because the trend around the world is to move towards the creation of a global business community.
Since traders on these platforms are doing business with people who live in other countries, or in remote areas of their own countries sometimes, the need for delivery arrangements is a factor that must be considered. Depending on the platform being used, traders may find that the delivery arrangements are covered when the deal is made or that they will have to make arrangements for the delivery to be made.
Without a doubt, these trading platforms play a pivotal role in helping people to engage in bartering practices, and sometimes form long term business relation ships with others around the world. In this capacity, they contribute to the development of a global community that is minimally affected by geographic and political boundaries. They also help to preserve an age old practice that has not outlived its relevance despite the changes that have taken place in the world.
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