Bartering Online
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Online bartering has been going on for at least ten years.High profile websites that feature the service have been online for at least five years; a little surfing reveals that they are going through a process of consolidation and realignment.
There are a couple of models for online barter. A few sites charge substantial fees for member merchants to join and advertise. Their membership figures number in the tens of thousands. There are also sites that provide free access to people and merchants who wish to barter. Each site has a method of establishing value for the members’ goods or services, and each member has an account with the service based on what has been sold or bought. The host site takes a piece of each transaction, generally five to eight percent.
www.ctebarter.com is now known as international monetary exchange. Membership costs $595.00 and the fee structure is 7.5% buy or sell commission. In addition there is a $12.00 monthly fee. The site claims 15,000 members and advertises that base as an extension of your business advertising and account sources, should you join.
www.internetbarterexchange.net was established by a web hosting company ostensibly to assist its clients in expanding their business transactions. The host company, config.com claims to advertise the bartering service – and member clients - through the purchase of keywords on Google and Yahoo.
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