U Exchange And Other Bartering Sites Benefit From The Recession

March 4, 2009 RSS Feed Print

I've reported in the past about how bartering has made a comeback as a way for businesses to make cheaper transactions. That was about businesses trading each other's services for tasks for which they don't want to pay. But probably even more important is the boom in bartering for consumer services.

The Today Show reported:

As Lauer notes, Craigslist has seen a 100 percent increase in bartering since January.

Swapping site U-Exchange seems to be overwhelmed by interest in bartering. As I type this blog post, its website appears to be down.

This isn't all good news for small businesses. When somebody uses Craigslist or U-Exchange to obtain something, that could mean one fewer sale for a business. But it seems to me that in the end, more efficient ways for people to trade can only be good for businesspeople. After all, they are consumers too, and can (and do) take part in bartering.

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I've switched over to bartering recently for most of anything I can get without having to shell out cash. There are a couple sites out there to use, to connect with people who are looking to trade/swap items or even services (carpentry work for auto work, etc). One of the sites I use is Baarter.com - http://baarter.com

Daniel of IL 7:30PM June 23, 2010

I love not having to spend money but exchanging my unwanted stuff for things I do want. www.tradeyacity.com is pretty cool site that works well

Ed of PA 11:42AM December 07, 2009

what a site this is im passin it on to all i know wow again http://www.pumaandmarysbartering.com

john of IA 6:50PM October 12, 2009

Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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