Bartering and trading for a comfortable lifestyle on a budget
Implications - Credit-crunched citizens unwilling to compromise their lifestyles are swapping, bartering and trading their way to desired goods and services. Offering customers the ability to trade instead of pay offers a new way to connect with budgeting customers and can be applied on small or large scales.
Trend Themes
1. Bartering and Trading - As consumers struggle financially, they seek alternative ways to obtain goods and services through bartering and trading.
2. Virtual Swaps/exchanges - Online companies are offering virtual exchanges in different industries, allowing consumers to save money and access services or products on demand.
3. Social Network Exchanges - Social networks offer consumers a way to exchange or share goods and services with trusted connections.
Industry Implications
1. Retail Industry - Retailers can implement a bartering system to provide customers with alternative payment options.
2. Hospitality Industry - Hotels and vacation rental companies can implement the virtual and social network exchange system to allow a low-cost way for travelers to find accommodations.
3. Beauty Industry - Beauty companies can offer hair exchange services to satisfy the needs of wig and extension makers, while also allowing people to make money and donate hair to charity.
10 Featured, 56 Examples:
946,276 Total Clicks
Date Range:
Feb 09 — Oct 09
Trending:
Average
Consumer Insight Topics:
