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10 Points to Take Care while Creating your Online Market Place by Amelia Brooke





Article Author Biography
10 Points to Take Care while Creating your Online Market Place by
Article Posted: 02/14/2011
Article Views: 97
Articles Written: 186
Word Count: 539
Article Votes: 0
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10 Points to Take Care while Creating your Online Market Place


 
E-Commerce,Internet,Software
Creating your own market place refers to creating an online swapping/bartering system. Swapping or bartering can be defined as exchange of goods and services for goods and services, where money transaction is not involved. Give and take is a very old system that we have practices from our childhood. The most important factor is that the interest of the two parties should match their requirement. If you recollect your childhood days, you have swapped things with your mates. It is very lately that people have transformed barter system into trade business. But ultimately the magic chips computer and Internet made bartering a simple and an inexpensive technique. There are different kinds of swapping; the most common among them is one-on-one swapping. The drawback of this system is that it is hard to find the right deal that is you go in search for something and you end up with something else. Another method for swapping is by involving a third party. Here they include currency for making the swapping more dynamic. There are business people who use both methods. Following are the points you should keep in mind while creating your online bartering place: 1. Before you step into bartering it is very necessary that you should prepare well for it. Make a list of your requirements. 2. Those who want to perform proper bartering; first step is to register in a barter exchange. Once you register in these exchange they will let you choose the service or product as per your requirement. 3. Then the next step should be analyzing your products and services, purchasing and selling techniques, check if it satisfies your bartering conditions. Some products and services will be provided by the barter exchange were you registered. 4. In any barter exchange you should be able to negotiate well with the deal offered by the barter. This way you will get to know your potential customers. 5. You should be specific on the deal that you offer while bartering. There is a systematic way to do it, as this will save both your time and energy. 6. In certain cases the opposite person might not be interested in bartering, in such cases try educating them on the benefits of barter system. It is very necessary to see if the opposite person is interested in making a barter deal with you. It should be a good deal for both. 7. The deal you make should be a fair one, also provide good shipping facility for the delivery process. 8. When a person is ready for a deal with you, it is very necessary to make an agreement of this trade process. This is to prevent getting bluffed; this will be at your own risk. 9. There should be a good flow of communication between you and the person whom you barter with. Try setting up a chat facility in your market place so you can connect with the people. 10. A good record should be maintained on all the barter deals that has taken place through the swap software. While using a barter softwareis always better to Include a feedback section so viewers can get to know how good your previous trade was.

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