For hundreds of years people were using a trading system called the barter system. Way back then money was not yet invented so this kind of system was used in the exchange of products. The barter system is the exchange of goods and services. If you have an item that you want to exchange with another item is allowed equal in price or not it depends on the person really even if his/ her item is more expensive than his preferred item it's okay as long as he really wants the item. If the item has a high price and he wants to barter with an equal priced item it is allowed. Service is tantamount to a product though service is not a physical product it can be felt and distinguished. That is why in the meaning of barter it includes service that can be exchanged with the product or another service that the individual wants.
One of the trending these days on the internet is the online barter system. It was created through it was existing already in other online trade systems as "swapping".The barter system came out strong because of the pandemic and people have not enough money so instead they bartered there item with another item that they need without needing any money. It is a good system right?yes it is. I remembered way back when I managed events I have to go to the stakeholders and offer what we call us "exchange deal" there was no money involved we are just exchanging service because we need there services well which is a form of barter too. In some online selling community, there are what they termed as "swapping" they have a product on hand that they want to swap with the product they want. I joined a barter community online hoping to barter my services that can help business owners save costs and earn more profit. I offered my service business process mapping that will improve a business process system and identify business waste my preferred item was only 2 android phones that I will give to my Mom and Aunt. If you look at my preferred item it was not expensive because if the business knows what are the wastes in there business they will save a lot and I guess it is to there advantage too for me my advantage is to help businesses grow. I made my barter details great so that it will be approved by the administrators. After how many hours my post was declined and the explanation is one of the admin have the tool that I was using. I was surprised because supposedly this is a barter system it is not the admin who will determine what to barter or whatever. I came to realize that maybe there are hidden agendas on this kind of online barter system (yes there is lol). Perhaps business owners do not want better processes in their business. Key Takeaway A barter system is a free trading system people can exchange anything that they want as long items that are exchanged are not defective and in good condition. This hybrid form of barter system is favorable to both people because they can have the items they need and want by only exchanging items with another person. In this time of the pandemic, the barter system is a helpful system for us in order for us to survive because today our instinct is a primitive instinct which is the survival instinct. The barter system is a successful system partnered with ethics. Note: Photo is not mine credit to the owner. If you like our post feel free to like us on Facebook or subscribe ©2020 JAR RAMOS ALL RIGHTS RESERVED
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