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I'll trade you. (Cyberwise).


QA I've heard of Websites that let businesses trade products with other companies. Are they legitimate and how do I get involved?

--F. Clarkson Allen, Texas Allen is a city in Collin County and a northern suburb of Dallas, Texas (USA). As of the 2000 census, the city had a total population of 43,554. As of April 2007, the city's population is estimated at 77,465.  

Business-to-business barter barter: see exchange.
barter

Direct exchange of goods or services without the use of money or any other intervening medium of exchange. Barter is conducted either according to established rates of exchange or by bargaining.
 companies (basically middlemen)have been around awhile a·while  
adv.
For a short time.

Usage Note: Awhile, an adverb, is never preceded by a preposition such as for, but the two-word form a while may be preceded by a preposition.
 and are often a good way for small companies to grow their businesses, open products up to a wider market, or clear out a surplus. In the past few years, many of these companies have hit the Web to provide a more efficient means of trading.

The way barter networks operate is simple: Say your business provides cleaning services to airlines, but your largest client has gone out of business. You sign up with a barter network and list your service. In exchange for your services, a company--a magazine, for example--provides free advertising for your business. That's the essence of barter exchange barter exchange barter nTauschbörse f  networks. Don't forget, you pay a fee.

One good practice is to look for companies that have an established reputation, such as American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. . The company's Small Business Network (www10.americanexpress .com/sif/cda/page/0,1641,6592,00.asp) provides a tutorial on finding and choosing a barter exchange Website. Also check out Intagio (www.intagio.com). Barter companies typically charge the buyer and seller a commission for exchanges. But in these challenging economic times, barter can mean the difference between a small business boom--and a bust. --S.A.D.

Mail your technology questions to Cyberwise, BLACK ENTERPRISE, 130 Fifth Ave., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10011, or send an e-mail to donaldsons@blackenterprise.com.
COPYRIGHT 2003 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Black Enterprise
Date:Jan 1, 2003
Words:251
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