Seven Most Common Barter Myths

 

You scratch my back and I will scratch yours. We all had mutually beneficial exchanges when we were kids. Remember that neighbour’s boy who played with his new toy car in the yard everyday and then got fascinated by the fancy design of your sunglasses: as a result, the happy boys swap their stuff, shake hands over a successful deal and go back home. Over time kid games stop being just games and become barter.

Barter implies exchange of goods or services. In the context of a global crisis this form of commerce is most beneficial as there is no need to use cash. There are currently dozens of thousands of companies in the world that are ready to take over the responsibility for arranging barter. Unfortunately, many businessmen distrust barter. And for a number of reasons. This article provides you with unchallengeable proof that will dismiss all your doubts.

1. It’s illegal. Myth.

The real economy is far from being ideal. It happens that the lack of financing prevents you from buying products you need. In such case barter is unavoidable. You can easily trade surplus stock dusting in your warehouse for the products you need most. It is a win-win situation as both sides manage to meet their needs without extra costs.

Barter is undoubtedly legal. Barter income must be declared in tax returns, which speaks of itself. You will agree that if barter were illegal, the web-site of the Federal Tax Service would not incorporate a section on this form of commerce.

2. The quality isn’t the same. Myth.

Trust has always been crucial in bartering. If your direct bartering partner provides you with a high quality service, you are bound to answer with the same. The idea that an exchange of products or services between strangers can have a negative outcome is fundamentally wrong. Let us assume that a “saboteur” joined the B2B.RU barter system and undermines the good standing of the whole company. It is obvious that such a member will be expulsed from the system as soon as first damage is done. As a consequence, every member is eager to perform at its best to maintain the trust of the others. Thus, you can easily trust the company with a purely positive track record and successfully deal with it. By bartering through a professional System you ensure additional quality guarantee.

3. It’s more expensive to barter. Myth.

Expensive barter is pure sci-fi. Barter per se saves money, which is the major reason for the growing numbers of barter supporters. Goods depreciate over time, and then they grow useless, and your only choice is to watch the price of your goods going lower and lower as time goes by...

However, barter will help you manage the situation and engage in beneficial trades. But before you approach a bartering firm, make sure they are honest and competent. Otherwise, you risk to be cheated by the barter organizer.

4. It’s old fashioned. Myth.

People have bartered for more than a thousand years. Of course, our ancestors did not use the term. People traded services to achieve their goals. However, in the modern society, barter made a big step forward. Intermediaries like B2B.RU will assess the fair value of services provided. They oversee execution of barter transactions providing strict control and using cutting-edge bartering technologies, while every barterer only does what it must: no less, but no more than the situation requires, either.

5. You can only barter for small stuff. Myth.

It is true that smaller transactions mean less headache for the barter venue (system) organizers. But do not think that B2B.RU is unable to manage large-scale deals. Supporters of bartering grow more and more numerous, and, accordingly, deals get bigger as well. The largest barter exchange brings its organizers US$600bn per year of turnover. This barter system is so thoroughly organized that you can trust it even with very big amounts. It is difficult to say what cannot be bartered. The only undisputable fact is that only barter will allow you to carry out deals for non-existent money by offering your services and surplus stock in exchange.

6. Barter ONLY works for services. Myth.

Both goods and services can be exchanged. Even despite that service and product pricing processes are quite different, experienced trading professionals will undoubtedly ensure that the correct prices for the bartered item are being charged. This operation is quite profitable for member companies, as they save money while receiving goods or services they need.

7. There is always a winner and a loser. Myth.

There are not and cannot be winners and losers in barter. All have equal rights and liabilities. Barter exchange staff will meticulously assess all details to find an exact price match for the goods or services to be bartered. Moreover, members will never be negligent in their work as the risk of expulsion from B2B.RU is very high. This is the secret of a successful trading venue. It saves money by helping you carry out mutually beneficial deals.

These are just several myths and misbelieves that haunt modern-day businessmen. The global crisis made them cinch their belts, which only increased the likelihood that they will use the barter system. For this is a real way to save cash and keep your business afloat.