Bartering is nothing new. History has taught us its importance when currency is not yet created. People used to buy items by giving the ones that they have in exchange for it. It worked just fine before. Now, bartring continues but in a more organized and modern way through online trading site.
The trend takes on two sides, those who like it and those who do not. While it has receive wide audience and users over the years, trade items online remain a source of debate for buyers who prefer different modes of getting an item that they want. Today, we will take a look at some advantages and disadvantages that these things have.
First good thing about this is flexibility. Conventional buying will need money. If you do not have it, then you cannot get the product that you need. With bartering, you can pay in any form you want as long as the other party agrees with it. Therefore a whole day usage of your laptop can be paid using a gift certificate from Starbucks or anything that the owner agrees to.
You will also not need to spend money. You may have to pay for transportation when you meet the other trader during the formal exchange but other than that, nothing else. This is really efficient especially if you need something and do not have the money to pay for it at the moment.
Not limited to material things. With bartering, you do not even need to part with your material things. You can use a service to trade for something. For example, if you want to borrow a limousine, you can instead pay for it by offering maintenance or cleaning assistance to the owner of the vehicle.
But while these things are enjoyed by many, there are also popular disadvantages brought about by this procedure. One is the lack of trustworthiness of the other trader. Unless the other person is someone close to you, you should always take his claims about a product with a grain of salt. You can never be too sure about his claims.
Also, trading lacks warranty and customer protection. Since the agreement only happens between two persons, formalities like the warranty given by companies is not present. Also, you cannot be sure whether or not you are exchanging the good quality product that you have with an equally quality one. You may only find this out when it is already too late and you have done the exchange.
The process is also open to compromise. The negotiation is flexible and you will from time to time encounter traders who will try to strike a deal that is not part of your original agreement. Also, it is not a gurantee that you will find the exact item that you may be looking for. In this case, you may settle to something lesser.
What you can do on your part is to make sure that you are on a credible trading website. Read reviews and recommendations from other people online and starch your search from there. If the site is suspicious, look somewhere else.
The trend takes on two sides, those who like it and those who do not. While it has receive wide audience and users over the years, trade items online remain a source of debate for buyers who prefer different modes of getting an item that they want. Today, we will take a look at some advantages and disadvantages that these things have.
First good thing about this is flexibility. Conventional buying will need money. If you do not have it, then you cannot get the product that you need. With bartering, you can pay in any form you want as long as the other party agrees with it. Therefore a whole day usage of your laptop can be paid using a gift certificate from Starbucks or anything that the owner agrees to.
You will also not need to spend money. You may have to pay for transportation when you meet the other trader during the formal exchange but other than that, nothing else. This is really efficient especially if you need something and do not have the money to pay for it at the moment.
Not limited to material things. With bartering, you do not even need to part with your material things. You can use a service to trade for something. For example, if you want to borrow a limousine, you can instead pay for it by offering maintenance or cleaning assistance to the owner of the vehicle.
But while these things are enjoyed by many, there are also popular disadvantages brought about by this procedure. One is the lack of trustworthiness of the other trader. Unless the other person is someone close to you, you should always take his claims about a product with a grain of salt. You can never be too sure about his claims.
Also, trading lacks warranty and customer protection. Since the agreement only happens between two persons, formalities like the warranty given by companies is not present. Also, you cannot be sure whether or not you are exchanging the good quality product that you have with an equally quality one. You may only find this out when it is already too late and you have done the exchange.
The process is also open to compromise. The negotiation is flexible and you will from time to time encounter traders who will try to strike a deal that is not part of your original agreement. Also, it is not a gurantee that you will find the exact item that you may be looking for. In this case, you may settle to something lesser.
What you can do on your part is to make sure that you are on a credible trading website. Read reviews and recommendations from other people online and starch your search from there. If the site is suspicious, look somewhere else.
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