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Within the e merce Barter Exchange, we use acurrency called "trade dollars" to value member's products and/or services. For example, if you charged $100 cash per hour for marketing consulting services in the cash market. We would expect you to charge $100 trade dollars per hour in the barter market. The basic concept is whatever you charge for cash in the retail cash market is what you would charge in trade dollars in the barter market. The use of trade dollars helps to eliminate the problem of direct trading, allow member
confidence in valuing products and/or services, and helps to expand member trading opportunities.
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BARTER EXAMPLE:
Here's a simple example of how bartering throughe merce
works as opposed to cash. For instance, let's say you
wanted to purchase advertising that costs $1,000 cash.
- You pay for this advertising by trading $1,000 worth
of your product or service to other members of the e
merce barter exchange.
As a result of you trading
your product or service to pay for the advertising that cost $1,000 cash:
- You were able to advertise!
- Your $1,000 cash is still in
the bank, because naturally your product or service did
not cost you $1,000 cash to produce.
- You save cash every time you
use the barter system because you are purchasing items
at your own cost of goods!
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