TTi Announces 2007 Trade-Activity Exceeded $100 Million
has reported its 11-month trade activity for 2007 exceeded $100
million for worldwide trading on its online platforms for
independent trade exchanges. Total of all online activity since 1999
when TTi took its technology online now exceeds $553,792,328.
system reflects nearly $54 million in transaction volume during this
period. eValues online totals should reach over a quarter of a
billion in activity since coming online in 2000. eValues allows
members and their trade exchange personnel to expand trading with
24/7 online access, daily trade broadcast e-mails, a strong
inventory control system, comprehensive contact management, and an
unequaled accounting system.
continually being enhanced by a full-time staff dedicated to making
trade exchanges and their members trading opportunities easier.
TTi has its
proprietary swipe card terminal technology available to all
USA-based exchanges and can create a system for local exchanges
worldwide to have this capability. These new programs will combine
the ability to process credit, debit, discount and barter, programs
all from one terminal for merchants. TTi has been able to secure a
relationship with the fourth largest private merchant service
provider to give participating U.S. merchants the guaranteed lowest
To become 2007
compliant with the new fraud and security regulations, many
merchants will have to upgrade or replace their existing terminal
hardware. The TTi program gives them the benefits of a terminal
system that will take them well into the 21st century.
information contact CEO Gary Lasater (303) 840-7172 ext. 1, or via
e-mail to firstname.lastname@example.org.
Inland Valley Hosts Holiday Trade
Valley’s principals Peter and Neita Brooks recently hosted the
annual Holiday Trade Fair at the Ontario Convention Center (CA)...in
what is believed to be the largest cashless holiday trade fair in
businesses traveled from as far away as Florida and Canada, with
the intention of transacting with vendors to buy items using ITEX
dollars. Member businesses purchased from 150 vendors, without using
cash, credit card or bank check. Rather, they utilized their ITEX
center was a prime venue for this event with its vaulted walls of
glass, dazzling contemporary architecture, abundant parking, and
easy access to freeways and the Ontario International Airport. More
than 2000 members, all business owners, shopped during the seven
hour extravaganza. Vendors saw a steady flow of customers until way
past the official closing time.
At the event,
caterers and restaurants offered food and certificates for their
services, plus there was a kid’s corner that had a moon bounce, pony
rides and games, to allow parents time for shopping the massive
event. A picture-taking opportunity with Santa Claus made this a
memorable day for little ones.
displayed an enormous quantity of fine jewelry, men’s and women’s
clothing, shoes and accessories, live and silk plants, handbags and
gift baskets, perfumes, doors and windows, sports memorabilia, bath
products, luggage, small electronics, grandfather clocks, fine
chocolates, photography, art, wind chimes, music videos, classic
music CDs, DJ and karaoke, cookware, tuxedos and formal wear.
There were golf
products, Kachina dolls, hand-blown glass, dinner concert tickets,
coffee, sports gear, cigars and accessories, toys, streetgliders and
headsets, private labeled wine, Tupperware, day spa certificates and
packages, and custom rugs. A real NASCAR racing car was on site,
tempting attendees to sign up for a unique package that included a
driving lesson and laps.
Trade Fair has always been the highlight of the year for many of our
members,” voiced Neita Brooks. “There is so much camaraderie and
positive energy at these events. The festive mood more than balances
the tremendous effort that our staff and the vendors put out to make
the event a success. The final figures have not been confirmed, but
it is estimated that more than $2,400,000 in transaction-volume
The ITEX Corp.
has had four consecutive profitable years of operation. For a closer
look at the largest trade exchange in North America
Yes, We Have Them All For You. .
That’s the answer to the
e-mails we receive regarding the question, “Is it possible to read
the back issues of the Tuesday Report?”
Just scroll down to the bottom
of the current report you are reading and you will see our “Archive
Section,” which covers issues going all the way back to September 7,
Spending Outlook Not Exciting
reason to celebrate over the latest forecast on ad spending by
Robert Coen, senior vice president and director of forecasting for
Universal McCann. His finding was that the U.S. outlay, fueled in
part by the election and the Summer Olympics, will grow by 3.7% next
year to $294 billion.
That beats the
0.7% growth expected in 2007. But it’s lower than the 4.6% worldwide
total projected for 2008. And it reflects a continuing downtown in
“the relative importance of advertising,” Coen maintained.
fallen as a share of gross domestic product from 2.52% in 2000 to
2.05% this year; nationwide ad spending should total $283.8 billion
in 2007, he said.
The 2007 growth
rate, reduced by several percentage points from an earlier
projection, has been caused largely by economic worries. As Coen
wrote in his analysis, “U.S. advertising growth has been performing
poorly, as marketers trusted their fears more than their hopes.”
“the Internet and growing digital alternatives siphoned off funds
from many traditional advertising practices,” Coen noted. But online
growth also seems to be cooling. He projected that internet spending
will increase by 16.5% next year to $12.7 billion; this year it grew
by 20% to $10.9 billion.
spending will hit $63 million next year, a 4.5% increase over 2007.
This year, mail increased by 4% to $60 billion, Coen reported.
forecast holds up, the big traditional media winner next year will
be spot TV, which is expected to grow by 10% to $17.8 billion. But
he warned that the anticipated bump in spending next year will not
continue in 2009.
the totals down is the increased focus on return on investment. “The
desire for growing corporate profits has intensified and marketers
have fiercely opposed above-average media price increases,” Coen
international growth is being fueled by spending in many emerging
markets. Coen predicted it will rise by 5.3% next year to $359.5
billion. He presented his findings at the UBS Global Media
conference in New York on Monday, December 3.
Tax Talk Program Gives Small Businesses Head Start
With the 2008
filing season right around the corner, you may want to tune in to
the IRS’s Tax Talk Today (TTT) program, “Getting Ready for
the Filing Season 2008: Part 2 (Businesses)” airing January 8 at 2
p.m. EST. It will give tax professionals, their clients, and small
business owners a head start.
program picks up where the December program ended (“Getting Ready
for the Filing Season 2008: Part 1 (Individuals”). The show’s panel
of experts will discuss business tax return issues for small
businesses and self-employed taxpayers, recent tax law changes and
updates for the 2007 tax year, IRS regulations, business credits,
common errors, and processing issues which impact filing business
returns for 2007.
the IRS, the TTT programs are free, live, monthly interactive web
casts aimed at educating tax professionals and their business
clients on the most contemporary and complex tax issues. They are
encouraged to watch and submit questions. Tax professionals in need
of continuing education credits (CECs) are eligible to receive one
credit by viewing the January 8 web cast
live programs begin at 2 p.m. EST on the second Tuesday of each
month, except April and August. In addition to viewing live web
casts and archived programs, listening to audio podcasts and reading
show transcripts, subscribers can also order audio and video
recordings from the TTT web site.
If you missed
the program, the December 11 web cast is accessible for viewing via
archive for 12 months at Tax Talk Today. A transcript of the show is
also available, as well as an audio podcast.
information go to the TTT web site (www.TaxTalkToday.tv
To learn about
the availability of IRS products and services, subscribe to the free
e-News for Small Businesses...click
act as third-party record-keepers. As such they have certain
interaction with the IRS. For the latest information on the subject
What We Can Look Forward To In 2008
presidential campaign and the Summer Olympics in Beijing will be the
dominate stories for next year, here are five other important issues
you’ll likely be hearing more about in 2008.
This may well
be a hot issue for the 2008 presidential election, as it’s a most
critical issue facing our nation. Although we've had decades to fix
the problem, we are becoming more dependent on foreign nations for
our energy needs. The focus may be on mobilizing our resources to
get energy consumption under control, plus expanding renewable
2. The dollar's
As the U.S. is
losing its position of “leader of the economic pack” on the world
stage, we will lose the economic clout to dictate outcomes. The
dollar’s decline is the result of a long list of economic ills
including the large federal budget deficits, huge international
trade deficit, weak savings practices by Americans, and the cost of
the Iraq War.
3. The green
continue to expand because, whether you are a manufacturer or a
consumer, it is now beginning to make economic sense to think about
eco-friendly products and sustaining the environment. In the past,
consumers felt it was important to have recyclable products, but
weren’t willing to pay a premium for them.
changing with growing pressure from society to both have more
eco-friendly products and to live in a sustainable environment. With
the price of eco-friendly products coming down, it also presents a
genuine business opportunity that will improve.
Work With Audio/Visual
Vendor On Barter
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
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
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.
How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant’s sales & profits.
Our Web Site Has A Search Tool For You
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hitting the search button.
The Growth and Use of Secondary Capital (New Money) Creates
Unprecedented Wealth In Today’s New Age Of Possibility
many forms of secondary capital—which can be defined as any
financial instrument that measures and communicates value in a
common language. Would you like to see and learn more about the many
forms of secondary capital?
We have 70
free, informative and inspiring, articles for you in our “Secondary
Capital Section.” Check it out...
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
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