ITEX
Adds Co-branded MasterCard To Executive Privileges Program
ITEX Corporation (OTCBB:ITEX)
announced it has launched a co-branded MasterCard as part of its
Executive Privileges Program. ITEX is offering members a business
MasterCard, with which their members have 60 days interest free on
all business purchases.
The credit card will ensure that
ITEX members can stretch their payment schedules without having to
negotiate extended terms with numerous suppliers. This is a super
value for inventory control, as one of the greatest challenges that
small businesses face is how to stretch payment schedules to ensure
that they can meet their operational requirements.
�The ITEX co-branded MasterCard
provides a great tool for managing cash flow,� stated Steven White
Chairman and CEO. �Our Executive Privileges Program is all about
ITEX helping its members improve their profitability and increasing
cash flow and is at the heart of improving a business�
profitability.�
�The 22,000 member(s) represent a
great opportunity to grow the use of MasterCard with small
businesses,� stated David Zalik, partner of Green Sky Financial.
�(They) represent an important part of MasterCard�s future and our
relationship with a marketplace like ITEX represents a significant
way for us to be successful with this segment.
�With credit limits up to
$500,000 and 60 days to pay your statement interest free (not 30!),
this is simply the best credit card for businesses. It is the
smartest way to buy inventory...and everything else,� he added.
�ITEX�s CEO Steven White has been relentless in his pursuit of this
program for almost a year, and we believe this is a super value add
for the business members at ITEX.�
For more information go to:
www.itex.com.
Industry Veteran Don Davis Remembered
On Saturday, April 28, while chopping logs into firewood, one of the
commercial barter industry�s early pioneers succumbed to a heart
attack. Davis, 70, owned the franchise ITEX in the Northwest Barter
located in Vancouver, Washington.He was one of the first Business
Exchange (BX) area directors back in the mid-sixties...working for
Mac McConnell who founded BX in 1960. Davis also served for a brief
stint as President of BXI, under Dr. Sherman Kearl.
A true gentleman, Davis loved the Pacific Northwest area and
provided businesses in his area with his trade exchange (bartering)
expertise for four decades through the ITEX acquisition of BXI.
A funeral service at Eastwood
Presbyterian Church and wake are being held on Tuesday, May 8, in
Vancouver, Washington.
AM/FM
Radio Continues To Have Major Impact
According to the latest study by
Arbitron and Edison Media Research, AM/FM radio continues to have a
big impact on people's lives. Nearly one in five consumers say radio
impacts their lives, ranking second only to mobile phones (35
percent) as the audio platform/device that has the biggest impact on
the lives of its users.
Other key findings from Radio's
Digital Platforms 2007 study include:
- Among all persons 12 and older who participated
in the study, the average time spent listening to AM/FM radio per day was 2
hours, 37 minutes.
- Those who use radio's newer digital platforms
(online radio, satellite radio or audio podcast) listen to AM/FM 2 hours, 45
minutes a day.
- 11% of the U.S. population (29 million) age 12
and older have listened to Internet radio in the past week.
- 16% of persons age 18-34 and 14% of persons
18-49 have done so.
- 30% of Americans age 12 and older own a portable
MP3 player, up from 22% in 2006 and 14% in 2005.
- 54% of those age 12-17 own a digital audio
player.
- 70% of Americans age 12 and older do not own an
iPod/portable MP3 player, and 15% report the device has had no impact on radio
listening.
- 9% say they are listening less to over-the-air
radio due to time spent with their iPod/portable MP3 player.
- 26% said they had heard or read about HD Radio
in January 2007, compared to 14% a year earlier.
- Only 6% said they were �very� interested in HD
Radio.
- Awareness of podcasting has jumped from 22% in
2006, to 37% in 2007.
Bill Rose, Senior VP Marketing at Arbitron, declared, �Broadcasters
should promote the vitality of over-the-air radio. On a weekly
basis, AM/FM radio is used by the overwhelming majority of
Americans, and it continues to have a big impact on the lives of
consumers.�
Travel-Agent Industry Crumbling
Not so long ago the travel
industry was a relatively stable place. Travelers went to local
travel agents who in turn acted as the channel for information from
various airlines, cruise lines, hotel chains and vacation companies
to the consumer.
Agents served a vital part of
the value chain, and with clients� highly personalized and variable
needs it was hard to imagine how these experts could ever become
unnecessary. In 1995 the number of single-office travel agencies
peaked at about 22,000...and then things changed.
The online travel agents upped
the ante. They demystified travel and opened up control of
information to anyone who had internet access. Airlines and hotels
readjusted their booking channels to be able to go first to online
agencies and direct to astute travelers.
Soon, online communities formed
allowing travelers to connect with others who had been
there...getting firsthand advice on where to stay and how to get
there. By 2004, the single-office travel agencies had been cut in
half...decimated in less than ten years! Moral of the story � things
change quickly today.
Universal Law-Of-Reciprocity Key To Trade Exchange Success
Every trade
exchange owner in the world should not only be aware of the
law-of-reciprocity, but using it, in the operation of their
business.
Trade
exchange owners are invited to e-mail
bmeyer@barternews.com
for more information on how you can become �the exchange of choice�
in your area. When e-mailing Bob Meyer, put �Law of Reciprocity� in
the subject line.
Hotel
General Managers
Here�s
The Easiest $100,000 You�ll Ever
Bring To The Bottomline!
Collect
cash, as usual, from the guest accounts staying at your
facility that require the use of professional AV services.
And rather than shouldering your ongoing employee costs, or
your current vendor�s cash agreement for AV services,
here�s a much better alternative:
Work
with a proven national vendor (a sterling 25-year track
record) who will provide all of the AV services for your
hotel on a 100% TRADE BASIS! (Payment to be in the form of
hotel rooms and/or trade dollars.)
Your hotel�s annual AV billings must be a minimum of $200,000, and this
offer is available only in the continental United States.
For a
confidential introduction contact Bob Meyer via e-mail:
bmeyer@barternews.com.
(Please type in AV Services On Trade in the subject
line of your e-mail.)
Attention Trade Exchange Owners:
If your
member hotel(s) have a minimum of 10,000 sq. feet of meeting
space and annual billings of at least $200,000 for AV
services this is a great opportunity to earn substantial
cash service fees on the hundreds of thousands of trade
dollars your hotel member will be paying the vendor. Contact
Bob Meyer at the above e-mail. |
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Unprecedented Wealth In Today�s New Age Of Possibility
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