The Power of Bartering Over the Internet

Have you ever heard the story about Kyle, a guy who traded a red paperclip for a house?

He started with a red paperclip and traded it for bigger and better things until he wound up with a house. You may have heard about him already. Even though he knew it was a silly idea, it kinda turned out to be a big deal. So big that the red paperclip has become his de-facto symbol.

He drew a media frenzy when, in a matter of one year and 14 trades, he bartered his way from a paper clip to a house [source: NPR]. Although he had a lot of help from his local government and some people in show business, his story offers dramatic evidence of today's existing market for bartering. Kyle is one of many people who have taken advantage of the growing phenomenon of bartering over the Internet.

For more information on Barter Philippines, call 09175438899 or email barter.trader@yahoo.com

Thanks to Jane McGrath's article and Kyle's blog