Whether you have a full time job or not, buying and selling is an activity that nobody can avoid in these times. It is because human beings developed the habit of exchanging goods and services in the past generations. Let see how to trade stuff with other people for a living.
In the former years, a people could walk and ride for many kilometers before reaching the market places where they get products. Our forefathers had to travel carrying a lot of goods, and they would travel back carrying other goods. It is because there was no money, and they had to exchange goods for other goods. It is a form of trade that was known as barter trade. Barter existed for centuries until minerals were discovered.
The mining of metals transformed trade in that it made it easy for people to quantify a product. During the time of barter, there were no accurate measures that a person would use in the market. But individuals mainly had to depend on their eyes.
Others just negotiated, and they could agree on the terms and condition of the transactions. We need to realize that the habit of selling and buying has over the years transformed, and it when to a point that the government was controlling the market. They since realized that if they control the market so much their influence curtails creativity. It is because some people would feel that the policies favored certain individuals. Money transformed how we could do the trade because now two people would reach a deal by settling on the amount.
The discovery of money is what led to banks and other products in the market such as insurance and others. In this day and age trading whether on brick and mortar or the internet has become part and parcel of our life. With time, the market was liberalized, and now a person would have to work hard to ensure that their products were in the market.
Liberalization made trading easy because it promoted innovation that lead to high competition. Today even if you are the pioneer of an idea and you do not offer the right services another person will take up the idea model it to fit the market structure then sell the product. Competition has given us an opportunity to get different products at the right market price.
Nobody can complain that a particular trader is extorting them by selling at high prices because there is a variety in the market. On the same not if you provide high quality products to persons they will be ready to pay any price as long as they get value in your products.
On the same note, Studies show that, a person would prefer to pay more as long as they get value in what they are buying. It should then be the priority of companies to put the interest of the customer first. If you focus on the profit and ignore the fact that you will only make real profits if your customers like your services. Many individuals across the world have been complaining that there is no job. But they forget that the internet has made it easier for a person o sell and buy from the comfort of their homes.
In the former years, a people could walk and ride for many kilometers before reaching the market places where they get products. Our forefathers had to travel carrying a lot of goods, and they would travel back carrying other goods. It is because there was no money, and they had to exchange goods for other goods. It is a form of trade that was known as barter trade. Barter existed for centuries until minerals were discovered.
The mining of metals transformed trade in that it made it easy for people to quantify a product. During the time of barter, there were no accurate measures that a person would use in the market. But individuals mainly had to depend on their eyes.
Others just negotiated, and they could agree on the terms and condition of the transactions. We need to realize that the habit of selling and buying has over the years transformed, and it when to a point that the government was controlling the market. They since realized that if they control the market so much their influence curtails creativity. It is because some people would feel that the policies favored certain individuals. Money transformed how we could do the trade because now two people would reach a deal by settling on the amount.
The discovery of money is what led to banks and other products in the market such as insurance and others. In this day and age trading whether on brick and mortar or the internet has become part and parcel of our life. With time, the market was liberalized, and now a person would have to work hard to ensure that their products were in the market.
Liberalization made trading easy because it promoted innovation that lead to high competition. Today even if you are the pioneer of an idea and you do not offer the right services another person will take up the idea model it to fit the market structure then sell the product. Competition has given us an opportunity to get different products at the right market price.
Nobody can complain that a particular trader is extorting them by selling at high prices because there is a variety in the market. On the same not if you provide high quality products to persons they will be ready to pay any price as long as they get value in your products.
On the same note, Studies show that, a person would prefer to pay more as long as they get value in what they are buying. It should then be the priority of companies to put the interest of the customer first. If you focus on the profit and ignore the fact that you will only make real profits if your customers like your services. Many individuals across the world have been complaining that there is no job. But they forget that the internet has made it easier for a person o sell and buy from the comfort of their homes.
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