by PrimeTrade NW | Aug 3, 2022 | Barter, Referral Network
During the coronavirus pandemic, people all over the world have turned to trade, swapping, and bartering, whether to help the community, save up money, or just obtain tough-to-find cooking ingredients. When economic instability was imminent, and anxiety levels were...
by Adam Chronister | Aug 3, 2022 | Barter, Referral Network
ITEX is a mystery, wrapped in an enigma. Just kidding, it’s a pretty simple concept. ITEX is a way to exchange goods and services without using money. So, how does it work? Well, let’s say you have a service to offer, like lawn mowing. You find someone who...
by PrimeTrade NW | Aug 3, 2022 | Barter, Referral Network
You have bartered if you ever exchanged toys with a friend in return for one of theirs. Bartering is a non-monetary exchange of products or services between two individuals. Ancient cultures depended on this kind of trading. Even in contemporary civilizations, this...
by PrimeTrade NW | Jul 8, 2022 | Barter, Referral Network
Businesses used to function in a barter system, where products and services were openly exchanged and the currency was not used as a means of exchange. Even though such days are gone, many businesspeople still barter. Consider selling your old valuables or garments to...
by PrimeTrade NW | Jul 8, 2022 | Barter, Referral Network
Bartering or barter economy might not be the conventional way for businesses to secure products or services because, typically, the companies charge fees for the products or services provided. However, it is becoming popular, especially in small business circles, to...
by PrimeTrade NW | Jun 25, 2022 | Barter, Referral Network
Though trade and barter are both means for getting necessary products and services, there are notable differences between the two. The basic answer to what is the difference between trade and barter would be, that although bartering entails swapping one thing for...