BUS 330 Prof Williams
Yi (Rebecca) Gao
Paper Clip Exercise Log
Trade #: 1

Item traded for: Photo Frame

Estimated value of item traded for: $15

Picture of item traded for:

Date of trade: 03/28/2014

Name of person you traded with: Samantha Chen

Your relationship with the person: Friend

Comments about the trade:
Since I knew Samantha from freshman year, I have seen this frame with no picture inside sitting on her shelf with dust for two years. Apparently, she doesn’t want to throw it away, but she is also not using it. So, I thought it might not be hard to trade my paper clip for this frame which became my target point. Another reason I targeted this frame was that I wanted to start big so that I could trade for more valuable items with less number of trades. I didn’t reveal my purpose when I started talking to her; rather, I told her that I liked the frame and got her to talk a lot about it. Through our conversation, I confirmed my assumption that this frame is a thing of little value or interest for her but she just doesn’t want to throw it away. Then I told her my purpose and she agreed to trade with me. One thing that really helped me was information about the frame and how she was thinking.

Trade #: 2

Item traded for: Yankee Candle Set with Glass Holders

Estimated value of item traded for: $20

Picture of item traded for:

Date of trade: 03/28/2014

Name of person you traded with: Yujun Yan

Your relationship with the person: Friend

Comments about the trade: Right after I successfully completed my first trade, I went door to door to my friends to ask for the second trade and Yujun offered me the option to trade the photo frame for the candle set. I hesitated because I never bought candles before and I didn’t have a clue of the general price. However, it was brand new and seemed really nice with the package. Also, part