September 13,
2005
Written
by Bob Meyer, Editor of BarterNews
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IMS Network Expands Client Base To 9,500, Expects Increased Revenue
Of $350,000
International
Monetary Systems (OTCBB:INLM) has completed its acquisition of the
assets and client base of United Trade Network (UTN) of Las Vegas.
IMS disclosed that the transaction is expected to add nearly 800
new clients and $350,000 in annual revenue to the Continental Trade
Exchange national barter network.
IMS President
and CEO Don Mardak reports that in addition to the Nevada clients
as well as those in Southern California, the firm will retain UTN’s
former owner Greg Pavlov. He will be overseeing the company’s
sales force in the Southwestern region and spearhead growth initiatives
in that region. For further information on IMS go to
www.internationalmonetary.com.
Trade
Exchange Owners...
Build Rapport And Empathy With Your Client Base!!
The most powerful
marketing tool in the barter industry, The Competitive Edge
newsletter, is a monthly, ready to use, professional 4-page publication...no
work is needed!
To
learn more about The Competitive Edge newsletter and how
it can help build your trade exchange, click
here
Here’s
How To Establish A Competitive Advantage In The Marketplace
Treating employees
with respect and paying them fairly goes a long way to establishing
an efficient and creative organization. Going that extra mile lowers
staff turnover and reduces training expenses.
However the
most important benefit from adopting these practices is that they
produce a higher quality of customer service, which becomes a competitive
advantage for your company.
Starbucks Corporation
is an excellent example. For their entire existence, 18 years, they’ve
made it clear they will not leave its people behind. Employees who
complete a minimum of 20 hours of work or more a week can become
eligible for health benefits and may receive a stock option grant.
(Starbucks’
employee turnover is toward the bottom of the industry range and
its service levels are high. Since their IPO in June 1992, the shares
of Starbucks have risen an astounding 3,500%.)
Now
available ...BarterNews issue #64, get your copy
now! Orders will be shipped within two business days of publication.
Click on Order Form.
(If you
are not sure if your subscription has lapsed, e-mail your name,
address, and zip code to bmeyer@barternews.com.
ITEX/BXI
Integration Successfully Moving Forward
Steven White,
CEO of ITEX Corporation (OTCBB:ITEX), reported that former BXI brokers
and members are “rapidly adapting to the new brand and are
quickly making significant contributions to our marketplace performance.”
Business metrics
for August 2005:
- Cash deposits
of $1,211,000, compared to $801,580 in August 2004.
- Transaction
volume of $16,121,000, compared to $10,543,000 in 8/04.
- More than
22,000 member businesses, compared to 13,400 in 8/04.
- 27,437 completed
transactions, compared to 15,624 in 8/04.
- 1,814 new
online listings, compared to 1,064 in 8/04.
- 257 new
business registrations, compared to 165 in 8/04.
Every
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
Our
Fascinating World
Chauncey Starr,
a physicist who has been pondering energy problems for seven decades
(he’s 93), and is now president emeritus of the Electric Power
Research Institute in Palo Alto, is excited about the future. He
has a big idea which he refers to as SuperGird.
It’s the
building of a network of air-cooled nuclear power plants that would
be located every 100 miles along a transcontinental “spine,”
and located underground for safety and security. Starr contends
the project, which would take 30 years to construct, would end our
country’s foreign-energy dependency.
BarterNews
Online Classified Ad Service
Authentic
Full Color Mixed Media Salvador Dali
Signed in stone
by artist Salvador Dali, the condition of this large 31-1/2”
x 26” size work is excellent to perfect. It has an appropriate
3” contemporary, museum-quality, custom-hand assembled solid
wood frame, hand-laid silk matting, with a 3/4” matching wood
fillet, under glass. Listed in the Official Catalog of the graphic
works of Salvador Dali by Albert Field (authorized by Dali) COA
included for $940 trade. Call Rhonda at (847) 588-1818 ext. 122,
or Sheri at extension 123.
(For
information on placing your company’s classified ad in the
Tuesday Report, see Classified Advertising.)
“BarterNews
Played Major Role In Olympic Trade With Fortune 100 Corporation”
—Steven
E. Webster, RTE Corporate Barter Group
In
rearranging some files last week Bob Meyer came across the following
letter dated July 25, 1996. As you will see BarterNews played an
important role in a barter agreement in which the RTE Corporate
Barter Group (now known as Alliance Barter) acquired 25 VIP Olympic
corporate packages valued at $20,000 each—a $500,000 deal.
Prior
to the meeting with the Fortune 100 client, Stephen Webster called
us and asked for an overnight shipment of BarterNews issue # 37,
which had just published a cover story on the role barter plays
in the world’s most prestigious sporting event—the Olympic
Games.
Here
is the exact letter, word for word:
Dear Mr. Meyer,
BarterNews
consistently provides valuable information on what is happening
in the industry, which we at Barter Capital Corp. truly appreciate.
Last month’s
cover article, “Barter Plays Major Role in the Olympic Games,”
is an excellent example of useful and timely reporting. In fact,
it could be stated that “BarterNews Played A Major
Role in an Olympic Trade.”
On the heels
of a barter agreement involving the exchange of domestic hotel accommodations
for excess promotional inventory with a Worldwide Olympic Sponsor,
Barter Capital* and RTE Corporate Barter Group** were invited to
present a barter solution to the Corporate Sponsor’s Olympic
Coordinator.
The Olympic
Coordinator for this Fortune 100 corporation had been unfamiliar
with barter, the advantages of trade, and the potential for recapturing
revenues from pre-paid Olympic VIP trip packages.
The packages
provided domestic round-trip airfare, first class hotel accommodations,
private ground transportation, meals, event tickets, including highlights
such as Gold Medal Events in Basketball (Dream Team), Diving, and
Closing Ceremonies but they needed to be sold by a fast approaching
deadline.
Your timeliness
in publishing information on the variety of “in-kind”
barter arrangements for products and services traded at this year’s
Summer Olympics enabled Barter Capital to create a stronger interest
in a barter arrangement.
BarterNews
was an integral element in the success of our presentation and subsequent
deal, providing credibility at just the right time.
Thanks to your
generous exposition of the history of barter activities at the Los
Angeles Olympics in 1984 through this summer’s Atlanta Games,
another Olympic Sponsor is sold on barter.
Consequently,
the Worldwide Sponsor will now realize the benefit of obtaining
fine Commercial Printing in lieu of what almost became an unrecoverable
expense.
On behalf of
Barter Capital, RTE Corporate Barter Group, and those that seized
the opportunity to “trade” for an occasion to witness
a truly historical International Sporting Event hosted by the United
States, we thank you and your staff for creating such a valuable
marketing tool for our industry.
Sincerely,
Debra M. Van
Wert, Vice President, Barter Capital Corp.
(and)
Stephen E. Webster, President, RTE Corporate Barter Group, Inc.
President-Elect, NATE
* Barter Capital
Corp., Corporate Offices in Rochester, New York, specializes in
strategic and creative financing by converting idle capacity and
excess inventory into valuable AR Credit throughout the North East.
** RTE Corporate
Barter Group, Inc., Corporate Headquarters in Rochester, New York,
services over 1,800 member companies in Upstate and western New
York and is a member of the North American Barter Group (NABG) and
the National Association of Trade Exchanges (NATE).
Editor’s
Note:
We agree with Stephen Webster, BarterNews is a valuable
marketing tool for the commercial barter industry. TradeAmericanCard
orders 1,000 copies for its client base of every BarterNews
issue, which is available in bulk quantity for your promotional
and sales efforts.
Get
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
of BarterNews.
Give
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Here
& There...
- Individuals
can donate their frequent-flier miles to organizations helping
Hurricane Katrina victims through any major airline. Aid organizations
then use the miles to pay travel costs for their staff, freeing
up funds for other purposes like buying supplies. The mileage
donations are not tax-deductible.
(United, Continental,
Delta and Northwest allow members of their mileage programs
to donate an unlimited number of miles to groups like the American
Red Cross, Habitat for Humanity, AmeriCares and others.)
-
Interlink Global
Corp. (OTC:ILKG) is undertaking a major national and international
media campaign to raise the awareness of its brand name and
the various VOIP products and services it offers. As part of
the campaign, Interlink has signed a barter contract with IGT,
Media Holdings of Miami, Florida, to provide advertising in
newspapers, radio and television stations.
-
Have you
signed up to receive a summary via e-mail of the Tuesday
Report every week? If not, go to the top of this issue
(right hand corner) and sign up!
-
India’s growing
influence can be seen in the recent announcement by General
Motors, declaring they expect to source $1 billion in auto parts
from India by 2008...a huge increase from today’s $120
million a year.
-
Australians accounted
for 37% of the international capital that poured into U.S. real
estate over the last 12 months. The flood of capital is coming
out of the country’s $540 billion pension-fund pool, which
has grown sharply since the 1990s. Additionally, the Australian
dollar is up 10% from its recent low on June 17, 2004, against
its U.S. counterpart.
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