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Bartering Tips

Date posted: May 21, 2017

Overview – During hard times, paper money may not be available. In this case, you may have to rely on bartering to get by in life. So you should know how to use and profit from bartering.

The key to success with bartering is that different people have different values for various items, depending on their needs and desires and other circumstances. You want to receive things with a high value to you and trade away things with a low value to you.

Gaining experience in bartering – You get experience in any activity by first learning all you can about it and then putting your knowledge into practice. This page can help you get some initial knowledge about the bartering process. Then you may want to do some bartering while times are still stable. Then you are ready when things become more difficult.

Avoiding problems – Anyone who is desperate and shows it is at a great disadvantage in the bartering game. You want to appear to be calm and collected, not desperate. Moreover, you don’t want to appear to be taking advantage of people. You should just appear to be bartering in the normal course of events.

Be careful when trading with people you don’t know. Don’t give them any reason to try to take the things from you by force.

How to profit from bartering – The person experienced in bartering usually will be the dominant party and get the best deal in these negotiations. However, the other person will not necessarily feel slighted or cheated. Instead, they may feel that they either have received a fair deal or needed to accept the deal for some compelling reason. It is always best to avoid any hard feelings in these negotiations.

Here are some ideas to help you in a bartering transaction:

  1. Decide ahead of time on what you really need and what you are willing to trade away.
  2. Determine the current value of what you want and what you are willing to trade away.
  3. Determine the safe places available to conduct your trading negotiations.
  4. Always have someone to accompany you so you won’t feel threatened.
  5. Don’t trade with people who appear to be nervous or dishonest.
  6. Don’t let yourself appear to be either arrogant or desperate.
  7. Let the other people reveal themselves first.
  8. Don’t reveal everything that you need or that you already have.
  9. Start with a low offer so you can raise your offer. However, don’t be too greedy with your first offer.
  10. Don’t allow yourself to be confused or intimidated during the trading negotiations.
  11. Try for a deal that takes advantage of your knowledge of the current value of things.
  12. Don’t be in a rush to close the deal, unless you sense possible trouble.

Why people may give you a bargain – You don’t have to cheat people to get a bargain when trading with them. Following are some reasons why people may willingly give you a bargain on certain items:

  1. People may be desperate to acquire or dispose of certain items.
  2. People may be more concerned with other matters.
  3. People may lack self-confidence when engaged in negotiations.
  4. People may no longer place much value on certain items. Examples might be things that need repairs, or that are no longer desired or used, such as clothing, tools, or toys.
  5. People may not know the current value of the items being traded.

Using your knowledge and skills – You don’t have to have things to be able to barter with other people. You can use your knowledge and skills when appropriate. Following are types of knowledge and skills that can be especially valuable in hard times:

  1. Knowledge of camping and survival methods.
  2. Knowledge of first aid and emergency medical treatment.
  3. Knowledge of raising vegetables and general gardening practices.
  4. Knowledge of self-defense devices and methods.
  5. Skill in constructing, demolishing, or remodeling buildings.
  6. Skill in providing personal care services, such as haircuts and massages.
  7. Skill in repairing firearms and reloading ammunition.
  8. Skill in repairing bicycles, small gasoline engines, or other machinery.
  9. Skill in mending or patching damaged clothing, replacing lost buttons, and altering clothing.


IMPORTANT
Before using this information to live better in hard times be sure to read the following notice: Disclaimer

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