Barter Your World?

Just had an interesting meeting with Ken Fleck from First World Trade Corporation - independent brokers for Barterworld. Interesting not because there's another trade organization moving into Niagara - there's at least two - but because this trade organization adds consumers into the mix.

This makes the Barterworld system kind of like eBay but without actual dollars travelling back and forth. Consumers can get rid of their stuff for barter "BUX" and spend those "bux" at businesses.

Ken says this has the power to revolutionize barter. Maybe. There's a cost involved for consumers to join the barter network. Do people want to pay to barter? Barterworld seems to think so, and in doing so, has an approach unique to other barter organizations in Niagara and perhaps the world.

What do you think? How much would you be willing to pay as a consumer to join a barter organization? $100? $200? $300? $500?

Interesting. Might wind up joining - as a business - but it'll be interesting to see how many consumers come on board over time. More fascinating things to keep watch over in the Niagara Business world.