Tuesday, June 17, 2008

As economy worsens consumers turn to bartering for goods, services

"The attitude out there seems to be, 'I'll barter anything for gas,"' he joked.

While Josefs typically charges cash for his services, he said he's looking at doing some barter transactions. He sees possibility, for example, in designing websites for restaurants that want to pay in dinners or for dentists in exchange for dental work or for contractors in exchange for electrical work.

"I'm looking to expand my horizons," he said. "This way I can maybe get my foot in the door ... in new industries." On the other hand, the new clients "won't have to spend a lot of money" determining if the two sides have a lot to share, Josefs said.

Some communities - including Ithaca, N.Y. - have tried to set up community service exchanges, while many businesses do barter deals through formal exchanges.


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