MoneyMagpie

Feb 23

Swap and save with new online bartering site

For anyone seeking innovative ways to save cash, take a look at the online bartering site – myswango.com.

This recently-launched online business offers a new way of acquiring goods and services – using a concept which is actually as old as the hills – and without spending a penny!

Myswango provides a flexible cash-free alternative by allowing individuals and businesses to swap their skills, talents, goods and services.

The website www.myswango.com  matches members’ ‘seeks’ with ‘offers’ to help organisations and individuals find what they’re looking for and share what they have to offer.

3swango (1)There’s no charge to register for a basic account. Members enter the goods and services they are offering and/or seeking into a profile and a directory. Either a direct match is made or, alternatively, members can contact each other to agree a transaction.

You can keep your profile updated by constantly adding new seeks and offers as and when you wish. Goods or services are paid for using a virtual currency called swangos and your online account is credited or debited.

And early adopters signing up now will receive 50 swangos to get them started.

Founder Adele Guillen said: “Before money was invented, people traded with each other through the system of bartering – exchanging their goods and services for something that they needed.

mywango founder adele swapping jewelry

mywango founder Adele swapping jewelry

“Recent economic constraints have changed the way people think and everyone is on the look-out for new ways to save money. The sharing economy is coming back to the fore in today’s businesses as well as in people’s daily lives.

“Everyone has something to offer whether they have a business or not. It could be anything from accountancy to decorating, gardening to dog-walking or child-minding. You might have goods to exchange or even be willing to lend out equipment – that’s all it takes to become part of the myswango community.”

Even if a member doesn’t find a direct swap and wishes to use swangos to pay for something, they can go into a debit balance and make up the difference at a later date.  It’s a sort of interest-free credit!

Members get an automated notification sent to their email address every time a match is found, or when a new member joins who has something that they are looking for – very much like on a dating website.

Adele, a training consultant from York, came up with the idea while working in Australia. She was on her way to an appointment with a beautician who was just starting up in business. The beautician needed business advice which Adele could offer – while Adele was keen to try out a unique, but quite expensive, treatment that she couldn’t justifiably afford. They agreed a skill-swap and that was when the ‘light-bulb moment’ occurred, says Adele.

In the case of business users, myswango also helps people to develop a wider network of contacts in their local community – often leading on to long-term relationships and sometimes traditional paid work.

online bartering

Founder Adele with jewelry

Adele added:  “The practice of bartering is becoming increasingly important for all sorts of individuals and organisations looking for more imaginative ways to manage their finances, to test a business idea, increase their cash-flow and boost sales. It never ceases to surprise me what people need and what they have to offer!”

To sign up or just to have a browse around the site visit www.myswango.com and follow the online instructions.

For further information, please contact Adele Guillen by emailing [email protected] or calling 07710 179103.

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