| To
begin bartering, introduce yourself in a courteous manner. If you
are e-mailing someone, you should never end your mail with
"Either way, thanks for your time". Bartering with trust
is the key to bartering successfully and in most cases it's a verbal
or written agreement between two parties. It involves communication
such as e-mailing, speaking on the phone, and sending pictures to
each other.
If you're a business
owner then you know how much money goes into purchasing your
products, supplies or services. Bartering is what makes your company
more successful and what makes you a savvy business business
owner.
Once you've started
bartering you'll come across words like, "The Boot" and
"Horse Trader." not to worry. Here's a brief
explanation. The
Boot is something you throw in to make a trade equal for both
parties. Let's say you are trading a $1000 computer and you are
willing to do some renovations for it. The renovations are only
worth $800. How do you make the deal even so both parties have a
fair trade? Throw
in that extra TV. that you never use or cash to even the trade.
"I'll do the renovations for you plus throw in a 28" TV.
or $200 cash to boot," Done Deal!
The Horse Trader is
someone who has a real knack for setting up deals with three or more
people. Taking into account what people are offering and what
they are seeking in return and putting forth a deal that
will solve all of their needs.
For example: You have
a mechanic, a radio station owner and a website designer. The
mechanic is looking to run $2000 worth of radio ads informing
customers that he is opening a new garage on the other side of town.
The radio station wants someone to update their website and add some
new features. The website designer is talented when it comes to
computers but has never been very good at fixing cars. He knows that
his transmission is slipping and needs to get it fixed soon.
The horse trader then
sets up a deal to satisfy all of their needs. He could be the
mechanic, the radio station owner or the website designer. Horse
Trading is a real art and if you ever find someone who has that
gift, be sure to keep them updated on your needs. |