Monday, August 13, 2007

General Rules of Conduct

Most online trading communities have specific rules adopted by the users of that community, and though they can differ most have settled upon a few standard practices:
The less experienced trader (usually indicated by their feedback or trade history) sends their half first.
It is generally frowned upon by most communities to "thread crap" (A term referring to a user not involved in the pending trade undercutting a trade in progress with either a better deal or reasons for the trade not to take place).
When trading any used items be sure to include the condition and quality of the product so as the receiver can determine the overall value of it.

History
The earliest trading site known to the internet (Not including sites such as eBay that accept cash transactions for all goods) appears to be Game Trading Zone. The domain name ugtz.com was registered in the summer of 1998, followed by the implementation of an independent database in the spring of 1999. This database also helped traders by showing them a list of potential trades, saving them a great deal of time in finding trades. In an effort to generate some income, 1999 also introduced advertisements, subscriptions, and an affiliate marketing program to the site. Another popular trading community, Switchouse, popularized the online activity. In the peak of Switchouse's popularity, Amazon.com bought the website hoping users of the community would use Amazon instead.

Formal Trading Communities

These are business-run websites maintained for the purpose of facilitating trades between members. Some of these charge a fee for each successful transaction.
Peerflix is a DVD trading service which operates networks in the United States and Canada. Members are able to trade their DVDs using the website, with only a small transaction fee for each DVD received. For each DVD sent, members earn trade cash. They can use this balance to request DVDs from other members or to collect the proceeds from Peerflix once they have accumulated 100 dollars. The service provides a guarantee in case of lost or damaged disks.
Title Trader is primarily a book trading service that has expanded into the trading of videos, CDs, and DVDs. Members earn trade points (and positive feedback) for each item sent and may use these points to request items listed by other members. There are no trading fees for this site although a Premium Features subscription is offered on an annual basis.

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