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This Section Contains Commentary From Bob Meyer Which Has Appeared In Various Issues Of The Tuesday Barter Report.

 

From the desk of Bob Meyer.... 2009
December 29, 2009 NuBarter Finishes #2 In Forbes Contest
December 15, 2009 Financial-Services Industry A Major Employer
December 8, 2009 $1 Billion Cash Loan To Be Paid Off In Airline Miles 
December 1, 2009 Mortgage Fraud Now Taken Seriously
November 24, 2009 Sales Update On Restaurants
November 3, 2009 White Delivers Corporate Overview At Growth Stock Conference
October 27, 2009 TIME Magazine Features Bartercard�s Operations
October 20, 2009 Rum Maker Barters With St. Croix (Virgin Islands)
October 6, 2009 BizXchange Brokers $2.2 Million Media For Automobiles Deal
September 22, 2009 NuBarter Semi-Finalists Of Forbes Competition
September 15, 2009 Barter Industry Conventions Scheduled
September 8, 2009 Matchbin Moves From Barter To Community Reporting
September 1, 2009 Defining The Entrepreneurial Drive
August 25, 2009 Allyson Ames Listed In The Richest Kids In America Book
August 18, 2009 NATE Has New Web Site
August 11, 2009 Direct Barter Internet Sites
August 4, 2009 Client�s View Of Barter Worth Another Look
July 28, 2009 Ad Agency Clients Insisting On More For Less
July 21, 2009 Barter Industry Conventions Scheduled
July 14, 2009 Sharpe Appears On United Kingdom�s Sky News
June 30, 2009 Bartercard�s Incredible Sales Staff
June 23, 2009 National Association Of Trade Exchanges Names New Board
June 9, 2009 IMS Announces Online Bill-Pay & Statement Delivery For Members
June 2, 2009 25% Early Sign-Up Discount For IRTA Convention
May 26, 2009 Karen Hoffman Authoring Barter Book
May 19, 2009 ITEX National Convention Underway
May 12, 2009 Five Over-Rated Small Businesses
April 28, 2009 Fabulous Vermont Estate Available On Barter
April 21, 2009 Business Owners Are Bartering More
April 14, 2009 BizXchange Gets Exposure On Forbes Web Site
April 7, 2009 Emotional Stimulus Plan To Manage Your Fear
March 31, 2009 Barter Plays Needed Role In London Olympics
March 24, 2009 Hotel Barter Expert Advises Independent Hoteliers
March 17, 2009 Fiji Real Estate Available On Barter/Cash Blend
March 10, 2009 Unemployed? Barter Your Services For Your Next Job
March 3, 2009 Asia�s BarterXchange Expectations Growing
February 24, 2009 Dubai Racked By Debt
February 17, 2009 Restaurants Barter For Giant Pumpkins
February 10, 2009 IRTA Europe Conference Scheduled For Norway
February 3, 2009 Historic Sportsman Lodge Closing, Venue For First Industry Meeting
January 27, 2009 Corporate Barter Firm Hires 35-Year TIME Inc. Veteran
January 20, 2009 Palm Oil For Fertilizer
January 13, 2009 Tenants In Las Vegas Getting Barter Deals
January 6, 2009 Microsoft Uses Barter Strategy To Increase Market Share
From the desk of... 2014
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From the desk of... 2009 From the desk of... 2008
From the desk of... 2007 From the desk of... 2006

From the desk of Bob Meyer...12/29/2009

NuBarter Finishes #2 In Forbes Contest

NuBarter trade exchange was named runner-up in the Forbes �Boost Your Business� contest, just missing out on the grand prize of $100,000 in cash and advertising. Finishing second out of twenty finalists was quite an accomplishment for the company.

For more information on NuBarter click here. (www.nubarter.com)

The eBay Of Wine

Vinfolio.com, founded in 2003, provides a marketplace for wine collectors to sell off their stock. The web site takes a 15% commission from every sale. Vinfolio also offers a free iPhone app that tells the average price of any varietal you might see in the store.

Airlines Expect Less Losses In 2010

The International Air Transport Association (IATA) expects airline losses to drop from $11 billion in 2009 down to $5.6 billion in 2010. Airline revenue, worldwide, last year was $478 billion. Wondering what their fuel costs were as a percentage of airline costs? It�s 26%.

Cupcake Shops� Poised As Latest Craze

Futurists are predicting that cupcake shops will rival coffee shops in another decade. Thus forecasting the probability of cupcakes available on every corner...as ubiquitous as today�s coffee shops.

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From the desk of Bob Meyer...12/15/2009

Financial-Services Industry A Major Employer

In the USA there is a total employment in the securities, commodities and investment industries of 779,700 people, according to the Federal Bureau of Labor Statistics.

TBC Network Interviewed Scott Drudy Of Pittsburgh Trade

The TBC Global News Network (www.tbctoday.com) featured Scott Drudy of the Pittsburgh Trade Alliance on its hour-long TV show Sunday, December 13.

Online Food Channel Predicts More Barter

Online food magazine, The Food Channel (www.foodchannel.com), has released its �Top-Ten Food Trends for 2010.� One of those predictions was that restaurants will increasingly utilize trade exchanges, because the exposure and connections through barter networks are a valuable conduit for restaurants.

Big Dollar-Grossing Restaurant In Beverly Hills

A new Beverly Hills restaurant grossed more than $13 million in its first year (its construction cost topped $12 million). Only 50 restaurants in the country grossed more last year, according to data from trade publication Restaurants & Institutions.

Unusual Trade

A widow who sued the IRS for $1 million, for allegedly driving her husband to suicide, dropped her claim in exchange for the agency forgiving her tax debt.

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From the desk of Bob Meyer...12/08/2009

$1 Billion Cash Loan To Be Paid Off In Airline Miles 

It there was ever a question of whether the airlines have established their own currency of frequent flier miles or not, it is no longer. For years airlines have bolstered their balance sheets by pre-selling billions of miles (for about 1� a mile) to other merchants.

Citigroup Inc., which gives away American AAdvantage miles to credit-card customers, agreed in September to lend American $1 billion. This loan will be repaid between 2012 and 2016�not in cash but in airline miles.

IRTA�s Suplizio Leads European Barter Congress

The re-establishment of Europe as a chapter of the International Reciprocal Trade Association (IRTA) took place early December in Istanbul, Turkey. It was sponsored by Turk Barter and Paul Suplizio (the original executive director of IRTA and present IRTA board member) led the conference for the European exchanges.

Consumers � Key To Job Creation

The largest impediment to new hiring is weak sales. Since January 2008, more owners have reported lower sales (quarter over quarter) in every month, mostly by double digit margins. In November, a small 15% reported gains in sales, while 43% reported sales were still declining.

In short, consumers are the key to job creation. When businesses have more customers, they will hire more workers.

WSJ Publishes Article On Restaurants Using Trade Exchanges

Restaurant owners are embracing barter (via trade exchanges) according to an extensive article in the December 3 issue of The Wall Street Journal. Bartering is especially useful for independent restaurants that, unlike some chains, lack access to corporate credit lines or cash. Trading food for needed services from trade exchange members is especially valuable in a tight economy.

Named and quoted in the article were Rob Miller, president of the Arizona Trade Exchange, and Ric Zampatti, CEO of The Barter Company based in Atlanta.

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From the desk of Bob Meyer...12/01/2009

Mortgage Fraud Now Taken Seriously

Under the Fraud Enforcement & Recovery Act, which was signed into law in May 2008, a new day is here for dealing with mortgage fraud (which was often glossed over just a few years ago). Today, penalties for conviction of mortgage fraud can be a maximum of 30 years in prison and a fine of up to $1 million. The statute of limitations has also been increased to ten years from five years.

Internet Display Advertising Versus Traditional Ad Spending

New York-based advertising research firm TNS Media Intelligence reports that spending on Internet display advertising rose 6.5% for the first half of 2009, compared to the year ago period. Meanwhile, ad spending in the more traditional television, magazines, newspapers, radio and outdoor mediums, all declined anywhere from 10% to 24%.

Art4Barter In Philadelphia

On December 4 at Philadelphia�s Ven & Vaida Gallery, ten participating artists will be involved in the eighth art for barter exhibit. The artists will show and barter their works with attendees on a face to face basis, negotiating directly for various services and products.

Financial Editor Offers Small Business Tips

Jean Chatzky, the financial editor for NBC�s �Today� show, has five tips for small businesses on her web site at http://www.jeanchatzky.com.

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From the desk of Bob Meyer...11/24/2009

Sales Update On Restaurants

The National Restaurant Association reports that sales at full-service will hit $182.9 billion, up 1% over 2008. Fast food restaurants such as McDonald�s will see sales of $163.8 billion this year, up 4% over 2008.

How Deep Is The Foreclosure Crisis?

Recently, 158 foreclosed condo units 6 miles from downtown Miami were sold at $113,009 per unit. The sales price was $109 per square-foot about 33% of construction costs, which are estimated at $300 per square-foot. (Average condo prices in the Miami area have fallen by 37% over the past year to $137,900.)

Trader Takes Advantage Of Opportunities In Depressed Real Estate Market

Joe Stanley, located in the Denver area, saw an opportunity and took advantage of it. As a previous buyer of the BarterNews Fast-Start Barter Program, Stanley finalized a trade for one year�s accommodation of a one-bedroom furnished apartment complete with maid service.

Estate Of Barter Entrepreneur Taken Off The Market

In Los Angeles the $125 million Fleur de Lys estate (a 53,000 square-foot palatial compound) was taken off the market after 940 days of being listed. The Versailles-flavored estate is owned by Suzanne Saperstein, ex-wife of Texas barter entrepreneur David Saperstein who built a fortune supplying radio traffic reports.

Bartering Frequent Flier Miles For Face Lift

Finnair, Finland�s largest airline, is now offering plastic surgery as part of its loyalty rewards program. Have enough points (miles) and one can get a hair replacement, breast augmentation, or a facelift from Nordstroem Hospital in Helsinki. (Millions of miles are needed for each procedure.)

Sony�s Change In Procurements Expected To Save $5.6 Billion!

Sony�s CEO Howard Stringer recently outlined the company�s turnaround strategy at the electronics giant�s Tokyo headquarters. This is the first time since its 1958 public listing that it has incurred losses for two years running.

Sony has been uniting its sprawling business, bringing together purchasing for parts and other supplies that were previously divided and less efficient. The restructuring is expected to save the company $5.6 billion in procurement costs�a 20% improvement from the previous fiscal year.

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From the desk of Bob Meyer...11/03/2009

White Delivers Corporate Overview At Growth Stock Conference

ITEX Chairman and CEO Steven White spoke at the Security Research Associates Growth Stock Conference in New York City recently. The conference was held at the Omni Hotel on October 19. White discussed ITEX�s current operations and the company�s web services strategy.

Don�t Forget To Redeem Your Frequent-Flier Miles

There�s an estimated 12 trillion unused frequent-flier miles in circulation worth an estimated $200 billion. It�s estimated 20% or more of all miles will never be redeemed � in part because of confusing airline policies and scant notice of approaching expirations.

Airlines have been tightening up expiration rules, partly in response to an accounting change last year that made it more onerous to carry these liabilities on their books.

USA A Nation Of Small Businesses

An estimated 90% of U.S. businesses are family-owned or controlled, from traditional small businesses to about 30% of Fortune 500 firms, according to the Small Business Administration.

While it�s difficult to be precise on the number of small businesses that have closed in this recession, experts say the prolonged slump has hurt a significant number. About 4.3 million businesses with 19 or fewer employees closed between the fourth-quarter of 2007 and the fourth-quarter of 2008, according to the Bureau of Labor Statistics.

International Monetary Systems Announces Stock Buyback Effort

International Monetary Systems (OTCBB:ITNM) Board of Directors has approved the repurchase of up to 4% of the firm�s outstanding shares, effective November 9. 

CEO Don Mardak says the current stock price fails to reflect the value of the company, as IMS shares at current prices are trading at about one-half of book value and one-third of net revenue.

ITEX Annual Shareholders Meeting Planned

The ITEX Corporation (OTCBB:ITEX) Annual Stockholders Meeting will be held on Friday December 11, 2009 at 10 a.m. at the company�s offices in Bellevue (WA).

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From the desk of Bob Meyer...10/27/2009

TIME Magazine Features Bartercard�s Operations

Bartercard founder and CEO Wayne Sharpe was quoted extensively in a lengthy TIME magazine (Europe edition) story about barter. Pointed out in the story, �Bartering: Have Hotel, Need Haircut,� were the advantages of trading through a trade exchange versus that of trading directly with another party.

Realtors Income Dropping

The National Association of Realtors report that median income for realtors and brokers fell to $36,700 last year from a high of $49,300 in 2004. Membership in the group dropped from 1.35 million to 1.14 million from September 2008 to September 2009.

BarterQuest A PayPal Silver Sponsor

BarterQuest, a platform that supports the cashless exchange of goods and services will be a Silver Sponsor at Innovate X 2009 � PayPal�s first dedicated developer conference. The conference will be held in San Francisco, November 3 and 4.

Best Time To Start A Business � Today

According to Ariane de Bonvoisin, founder and CEO of The First 30 Days, it�s time to get moving! �We live in a time where everything is up for discussion,� she asserted. �Barter, trade exchange services, do whatever it takes to get started or to maintain. It�s cheaper to start a business now than ever before.

�Do not fall into the trap of thinking it costs money to get going. Everything is going for cheap now. Make the most of it. And if you don�t have money, look at what you do have and what you can trade.�

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From the desk of Bob Meyer...10/20/2009

Rum Maker Barters With St. Croix (Virgin Islands)

Spirits maker Fortune Brands Inc. has cemented a barter deal with the U.S. Virgin Islands to continue making rum on St. Croix in exchange for marketing and other incentives. Thus expanding the Cruzan Rum Distillery and building a state-of-the-art wastewater-treatment facility with a value projected to exceed $1 billion over 30 years.

Restaurant Industry Reports Declining Sales

The National Restaurant Association reports continued declines in sales for August, the most recent month for which it has data. Only 17% of restaurant operators reported a same-store sales gain between August 2008 and August 2009. Some 68% of operators reported a same-store sales decline in August, up from 58% who reported negative sales in July. Customer traffic levels also dropped off in August.

TeleTrade International Earnings Update

Gary Lasater, CEO of TeleTrade international, reports $44.4 million of trading volume for the trading platform�s first nine months of 2009. (The eValues system posted $34.2 million of TTi�s totals.)

Barter Industry Convention Scheduled

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...10/06/2009

BizXchange Brokers $2.2 Million Media For Automobiles Deal

BizXchange�s International Division, BizX, has successfully completed a brokered $2.2 million barter transaction between the Arab Media Group and the Al Naboodah Group (Audi Middle East).

New Radio Brand-Building Services Announced

A new service known as �The 360 Radio Brand-Building Collection� has been introduced and is now available for radio station management.

For more information see www.360impactbranding.com.

Will Exchange Term-Life Insurance Policies For Hard Assets

Logic Financial is looking to exchange term-life insurance policies for any type of hard assets (not services). Minimum exchange is one million dollars. We can provide life-policy portfolios in the hundreds of millions, and can combine cash with the policies if necessary. (Preferably assets are free of debts.)

For more information call James Lehner at 323-939-0828 or e-mail james@logicfinancial.net.

Airlines Are Hurting

Business travel revenue is down around the world; for July the figure was 35%! The International Air Transport Association estimates that carriers globally will lose $11 billion in 2009.

Gallup Poll Shows Business Owners Are Happiest

A new Gallup-Healthways �Well-Being Index� rates business owners as the happiest workers in America, followed by professionals and executives. Well-being is measured by how respondents answered questions about how they feel about their work environment, physical health, emotional satisfaction and access to food, shelter and health care.

Barter Industry Convention Scheduled

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...09/22/2009

NuBarter Semi-Finalists Of Forbes Competition

Savannah barter company, NuBarter, is in the running for the 2009 Forbes.com �Boost Your Business Competition.� It is one of twenty semi-finalists in which the winner will receive $50,000 cash and $50,000 in advertising on Forbes.com.

ITEX Opens Charlotte Office

Franchise owner Warren Stone has announced the launch of ITEX in Charlotte, North Carolina.

For more information call (704) 749-3600 or click here.

PriceDoc.com Goes National In November

Modeling Priceline.com, a new web site called PriceDoc.com will soon be providing patients with the ability to negotiate prices (name their price) for medical, dental, vision and other healthcare services.

Recap Of Barter Industry News Scheduled At IRTA

IRTA�s upcoming International Convention in Dallas will be highlighting the news coverage which the barter industry has received over the past year. The news stories will be shown at the convention on the morning of October 2.

Atlanta Braves Barter With Radio Stations

The Atlanta Braves baseball team has signed a new deal wherein it will sell radio advertising, keeping most of the ad revenue in lieu of the guaranteed rights fee that radio stations heretofore paid to carry the games. The move reflects a trend among other major league baseball teams nationwide.

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here.

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...09/15/2009

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here.

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...09/08/2009

Matchbin Moves From Barter To Community Reporting

Several years ago the founders of Matchbin were sure they would revolutionize the commercial barter industry with their barter/auction technologies. But their online efforts never materialized as envisioned. Today Matchbin has evolved into a platform with a strong focus on community newspapers � with a mission of helping create online communities and engagements with readers alongside a newspaper�s daily news.

Activist CEO Makes Another Move Outside Of ITEX

In May, 2008 BarterNewsblog reported on publicly-traded Western Sizzlin Corp�s (NASDAQ:WEST) efforts to get control of ITEX (largest trade exchange in U.S.) through an offer to ITEX shareholders. They did acquire 873,862 shares but fell short of their hostile takeover objective.

Now Western Sizzlin�s young, 31-year-old, CEO Sardar Biglari is on to other ventures. Biglari became chief executive of Western Sizzlin in 2007 after buying shares and agitating for change at the company. Today he�s making some significant moves in another direction.

Following a similar �muscling in� strategy at publicly-traded Steak n Shake (NYSE:SNS) he moved onto the company�s board in 2008. Now the owner of 9.2% of the company�s stock (recent stock price $10.85) he recently disclosed plans that will see Steak n Shake purchasing Western Sizzlin � the steak house he also heads and has a 33% stock ownership position in. Recent stock price of WEST was $14.10.

IMS Reports July Most Profitable In 2009

International Monetary Systems� (OTCBB:ITNM) CEO Don Mardak says that the month of July was the company�s most profitable month of 2009, with strong operating profits and cash flow. The company�s travel department, led by Kim Strabley, had record sales during the month.

For more information on the 20,000 member national barter company click here.

Trisko Authors Barter For Resort Developers

Dave Trisko, CEO of TriMarkTrade, has authored an excellent article (on how & why resorts barter) in the August issue of Developments magazine. The American Resort Development Association is the publisher of the publication.

To read or download the article click here.

WSJ Article Touts Barter As Way To Move Office Equipment

The Wall Street Journal�s Small Business Section (online) published an article on the three best ways to get rid of office equipment. One of the suggestions was �try bartering.� Listed in the article were the following barter companies: NuBarter.com, BizX.com, FloridaBarter.com, and BarterBrokers.com.

New Trade Exchange Opens In Colorado

Bethanne Dressel and husband Bill Stein have started Corporate Barter Solutions this summer in Colorado. Currently they are in the process of renting office space in Denver. Prior to launching CBS, Stein had 23 years of experience running Trade Exchange Of The Rockies.

ITEX Advances Into Calgary

ITEX Toronto broker Michael Mazzin has expanded operations into Calgary, Alberta, Canada (http://www.BarterInAlberta.com). ITEX will be the third barter company (trade exchange) within the city.

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here.

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...09/01/2009

Defining The Entrepreneurial Drive

The Kauffman Foundation, a Kansas City think-tank that studies entrepreneurship, says the whiz-kid business founder as a norm is a myth. Instead of the dorm room genius as a founder, the typical founder of a new business is middle age, 40 on average, when launching a new business.

         70% of first-time founders are married,

         60% have at least one child,

         59% come from lower-middle-class or blue collar families, and

         almost 50% hold advanced degrees.

What spurs the entrepreneurial spirit? People come to the stage when they�re tired of working for others. They�re thinking, �I�m 40 and haven�t made it big yet. This is my last chance.�

What Do You Think?

According to a Zogby Poll, 75-percent of Americans don�t believe CEOs and CFOs give a true picture of their firms� financial outlook.

Barter Story On German Television

Reiner Husemann contacted BarterNews about a German television station publishing a story on bartering. It�s now online at Youtube at

 http://www.youtube.com/watch?v=Rd4Y4CGilac

U.S. Hotel Occupancy Lowest Since 1987

Smith Travel Research, which began tracking hotel occupancy levels back in 1987, reports that occupancy figures for U.S. hotels were at 64% in July � the lowest figure on record.

Reinforcing the dire problem is the real-estate research company Real Capital Analytics report showing $18 billion in hotel loans are distressed (delinquent, in foreclosure, in bankruptcy or restructured by lenders), compared to just $1.3 billion in distressed loans a year ago.

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here.

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...08/25/2009

Allyson Ames Listed In The Richest Kids In America Book

A new book written by Mark Victor Hansen, co-creator of the best-selling Chicken Soup For The Soul Series (144 million books sold worldwide), has authored his latest effort titled The Richest Kids In America.

Prominent in the book is the daughter of TradeAmericanCard founder Mike Ames, who is located in Orange (CA). Allyson Ames is one of 14 �kids� featured in this most interesting and helpful book. Included as a Bonus Section are Allyson�s business strategies, along with a section titled Resources to Riches.

Cardiologist Services On Trade

Larry Usner, 54, who runs Louisiana Barter in Lafayette, says �I haven�t paid a penny to my cardiologist in four years.� As an independent trade exchange owner, he�s covered the cost of insurance co-pays for six angioplasty surgeries (not to mention his dentist�s bill for $8,000 in veneers) by bartering services from the radio and television advertising business he also operates.

Stock Market Investing Hits New Level Of Complexity

The game of investing in stocks has changed dramatically from those of decades ago, when the small investor was investing in a company for the long haul. Today, huge firms on Wall Street have sophisticated computer-trading platforms. And these firms have become dominant players in high-frequency trading, wherein computers use complex formulas to conduct rapid-fire trades in markets around the world.

Such high-frequency trading has become one of the fastest-expanding strategies on Wall Street, accounting for more than 73% of stock-trading volume in the U.S. this year, up from 59% in 2008, according to the Tabb Group, a New York research firm.

What Is Syndication?

Most TV shows on the �off-networks� are offered on a barter basis, i.e., the stations pay a lower licensing fee for the show in exchange for sharing their in-house ad revenues with the syndicator.

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here.

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...08/18/2009

NATE Has New Web Site

The National Association of Trade Exchanges has changed its web site to http://www.natebarter.com

NATE�s currency, BANC dollars, web site remains http://www.barterbanc.ws

Tourism Drop Hurts Mediterranean Countries

Holiday destinations in Greece, Portugal and Spain are staggering through one of the worst tourist seasons (May-to-September) in years. Roughly 10 million fewer visitors/tourists and $20 billion in lost revenue/income is forecast by the World Travel & Tourism Council.

ITEX Registrants Growing Dramatically

ITEX, the largest trade exchange (membership) in the U.S., added 934 new members in July. Michael Muzzin, from the Toronto office registered 99 new members in the month.

Billionaire Says We�ve Hit Bottom

Billionaire financier George Soros, in an interview with Reuters Television in New York on Tuesday (August 11), said that the U.S. economy has hit the bottom and the current quarter will see positive growth due to the government stimulus spending.

Bob Bagga Writing On Barter

The President and CEO of BizXchange http://www.bizx.com is now writing about barter on his new blog at http://www.BaggaOnBarter.com

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th annual convention will be held October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information see http://www.irta.com

The National Association of Trade Exchanges (NATE) 25 annual convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information go to http://www.natebarter.com

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From the desk of Bob Meyer...08/11/2009

Direct Barter Internet Sites

Here are two sites for consumers interested in direct barter...

Do favors, get favors from anyone in the world. (Click here.)

Founder Douglas Dagenais began his barter experience as a small business owner in the early �70s, trading his goods (a men�s clothing store) for other needed services. Over the last 25 years he�s been involved with the largest barter companies in the U.S. He now shares his vast barter experience with individuals. (Click here.)

Google Exits Radio Business

Three years ago Google purchased dMarc Broadcasting (for $102 million) with the intent of selling radio ads through an automated online system. Google recently announced that it is exiting the radio business by selling the radio-ad placement technology to WideOrbit Inc., a small San Francisco company that makes software for the broadcast TV and radio industry. Financial terms were not disclosed.

Grandparenting A New Image

A blog by Samantha Palans has a post titled, �Grandparenting A New Image.� See http://www.theboomerblog.com

Also checkout http://www.maturemarketing.com for marketing insights to the boomers and mature consumer.

Twenty-Four Percent (24%) Of Homeowners Are Underwater

According to data from Equifax and Moody�s Economy.com, 24% of owner-occupied single-family homes have mortgage debt that exceeds the value of their homes � about 16 million homeowners. The hardest hit state is Nevada, where 40% of owner-occupied homes are underwater, followed by Arizona (37%) and California (33%).

For more convention information see: http://www.IRTA.com

         The National Association of Trade Exchanges (NATE) 25th annual convention will be held October 25-27 at the Golden Nugget in Las Vegas.

For more convention information see: http://www.NATE.org

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From the desk of Bob Meyer...08/04/2009

Client�s View Of Barter Worth Another Look

Peter Comrie, keynote speaker at the 1996 NATE convention held in Toronto, recently contacted me. His talk that year titled, �A Client�s View of Barter,� was excellent and worth another read.

http://barternews.com/clientsview.htm.

Peter Comrie is staging a big 3-day seminar in Vancouver this fall. If you�ve never visited Vancouver, this would be an excellent time to do so. It�s one of the most beautiful cities in the world and the seminar promises to be first-class as well.

For more on Comrie�s efforts see: http://www.TheWealthyAttitude.com

Co-Working Rentals Growing In Popularity

Rental arrangements for small business office space, wherein tenants will share telephone and Internet charges, a receptionist (who works for all the businesses), office equipment as well as the office space on a month-to-month lease, are growing in popularity.

A co-working environment also presents an opportunity to tap into the collective expertise of the group and create business deals with other business owners, who are just a cubicle away. There are more barter deals taking place as well, in which the bartering of various services (needed by the owner) is exchanged for space.

Brand Loyalty Dropping

Catalina Marketing reports that loyalty to specific brands is down. Some 30 percent of consumers today, with a choice of 30,000 products in grocery stores, are no longer buying their once-favored brands.

Allyson & Sondra Ames Appear On The TODAY Show

Sondra Ames and her daughter Allyson were barter stalwarts for years with Orange County-based TradeAmericanCard, founded by Mike Ames. Yesterday, August 3, they appeared on the TODAY Show in New York City. They�re the highly-successful founders and operators of Wonderland Bakery, located in Newport Beach (CA). We understand that basketball superstar Kobe Bryant is a frequent visitor to their store.

For more see: http://www.WonderlandBakery.com.

Barter Industry Conventions Scheduled

         The International Reciprocal Trade Association�s (IRTA) 30th annual convention will be held October 1-3 at the four-star Magnolia Hotel, in Dallas.

For more convention information see: http://www.IRTA.com

         The National Association of Trade Exchanges (NATE) 25th annual convention will be held October 25-27 at the Golden Nugget in Las Vegas.

For more convention information see: http://www.NATE.org

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From the desk of Bob Meyer...07/28/2009

Ad Agency Clients Insisting On More For Less

Big marketers have cut back on the fees they pay ad firms for their services, such as creating TV commercials. Additionally, they�ve slashed what they spend on ad time and space.

Marketers have, over the past few years, begun to get their procurement departments involved in efforts to cut the costs on a wide range of marketing activities, including ad production.

To cope with the changing environment and lesser profits, the ad industry has reacted to the downturn by paring jobs as salaries typically represent about 55% to 65% of an agency�s expenses.

PayPal Will Surpass eBay�s Revenue

CEO John Donahoe of eBay, speaking at the �Fortune Brainstorm Tech Conference� in Pasadena last week, says eBay�s PayPal will become a bigger business than eBay. Donahoe expects PayPal will double in size in the next four or five years. He also noted that fees generated from its transactions appear to be the future of revenue for the online commerce Internet site. 

Although now in beta testing, PayPal is opening an API to developers to allow them to embed its payment system into their own applications and platforms. PayPal says this is the first global payment platform to open to third-party developers.

Bleak Outlook For Restaurants� Next 18 Months

Moody�s Investors Services have issued a report saying the restaurant industry is likely to remain weak for the next 12 to 18 months, as declines in restaurant traffic coincides with greater affordability of eating at home.

Ad Slump Expected To Lessen In 2010

A unit of the Interpublic Group of companies, Magna, says that ad revenue is on track to decline by 14.5% this year to $161.4 billion. Ad revenue will pick up next year with the Olympics and political advertising, but still fall, at 2%. Magna foresees ad growth resuming in the second half of 201l, with strength in TV, online media, outdoor and direct mail.

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association (IRTA) is holding its 30th annual convention October 1-3 at the four-star Magnolia Hotel in Dallas, Texas.

For more convention information click here

The National Association of Trade Exchanges� (NATE) 25th annual convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada.

For more convention information click here.

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From the desk of Bob Meyer...07/21/2009

Barter Industry Conventions Scheduled

The International Reciprocal Trade Association�s (IRTA) 30th Annual Convention will be held October 1-3 at the four-star Magnolia Hotel, in Dallas, Texas. (For more information see http://www.irta.com.)

The National Association of Trade Exchanges (NATE) 25th Annual Convention will be held October 25-27 at the Golden Nugget in Las Vegas, Nevada. (For more information see http://www.nate.org.)

IRTA�s Wallach Appears On Fox TV

David Wallach, President of the International Reciprocal Trade Association, www.irta.com, was a spokesperson on the Fox TV News Channel Saturday July 18 (the segment was repeated several times on Sunday, July 19).

In the interview Wallach explained how the �modern trade and barter industry� can play an important, positive role in re-energizing the economy as well as significantly increasing gainful employment, not to mention a valuable non-cash funding resource for the small business sector.

New Barter Sites Launched

Www.swapster.com provides users the place to trade music, movies, video games and books, through an easy-to-use points system.

In Ireland, Finnella Naughton has launched www.barter-it.ie.

Seattle Restaurant Owner Gains Competitive Advantage In Marketplace

Seattle�s Seastar restaurant, a member of the BizXchange trade exchange, recently acquired $30,000 in decorative granite. Payment for the material was with trade dollars � earned via BizXchange members dining at the restaurant. Needless to say, acquiring needed materials in such a manner provides Seastar with a competitive advantage in the marketplace.

For more info on BizXchange visit www.bizxchange.com.

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From the desk of Bob Meyer...07/14/2009

Sharpe Appears On United Kingdom�s Sky News

Wayne Sharpe, founder and CEO of Bartercard, the world�s largest trade exchange, was interviewed June 25 on Sky News. Sharpe discussed how Bartercard (trade exchanges) helps the U.K. economy by providing assistance and support, outside of the banking industry, to the small business sector of the economy.

The SME market (small and medium business enterprises) constitutes over 60% of the British economy.

For more information on Bartercard see http://www.Bartercard.com.

Time-Share Industry Under Pressure

Major time-share developers, led by Wyndham Worldwide, Marriott International and Starwood Hotels & Resorts, are scaling back their time-share business for a variety of reasons: (1) investors in time-share loans demand higher interest rates, (2) buyers have become more scarce, and (3) resales of time-shares have caused downward pressure on prices and demand for new units.

Investment Manager Suggests New Perspective For Next Generation

According to Bill Gross, manager of the world�s biggest bond fund at Newport Beach-based Pacific Investment Management Co., investors should favor bonds and dividend-paying equities as the U.S. heads into a �new normal� of higher savings and lower-consumption. Gross also predicts an annual economic growth of about 2%, as opposed to 3.5%, for a generation or more. Thus indicating that investors should stress secure income.

Feeling Poorer?

Americans lost one-fifth of the value of their 401(K) retirement accounts � some $603 billion � in 2008, according to the Employee Benefits Research Institute in Washington, DC.

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From the desk of Bob Meyer...06/30/2009

Bartercard�s Incredible Sales Staff

The world�s largest trade exchange, with 65,000 members, is Bartercard. Launched 18 years ago by Australia�s entrepreneurial Wayne Sharpe, the company focused on setting up a superior barter training and operational system. The diligence has paid off.

In an industry that sees a turnover of sales people, Bartercard can boast of their top seven sales people. They have sold 8,000 new members between them, all paid. The record for a single month of personal sales is 43 members. And eleven other sales people have signed up 35 in a month.

Bartercard�s best are: Rod Bryan 1,259 sign-ups; Kevin Dienoff 1,165; Steve Mills 1,248; Paul Marcello 1,023; Michael Tynne 1,157; Mac Mackie 1,129; Rose Lawlar 1,022.

Value of World�s Millionaires Assets Slid 20%

The ranks of the world�s millionaires shrank at the fastest rate in 2008, with North America suffering the biggest wealth loss worldwide, according to a survey by Capgemini and Merrill Lynch & Co.

The global slump in property and equity markets last year cut the number of millionaires by 15% to 8.6 million, wiping out two years of increases, the firms said in their 13th annual World Wealth Report. (The value of the world�s millionaires� assets slid 20% to $32.8 trillion, after a 9.4% increase the previous year, the survey said.)

Surprisingly, the U.S. wealthy fared better than many of their overseas counterparts. While the nation�s millionaire population fell 19%, the U.K. had a 26% drop, Russia fell 29%, India dropped 32%, and Australia and Canada both topped 23%. (Those least affected included Brazil with a 9% drop, and China with a 12% drop.)

Vancouver�s Commercial Real Estate Booming

Having had the good fortune to spend time in one of the most beautiful cities in the world, it�s good to see Vancouver (BC) is doing so well with its commercial real estate (office buildings, shopping centers and other properties). Because of the low vacancy rates (4.2%), prices are holding up in Vancouver, versus most cities in the U.S. where average prices are down 25% to 35% in most locations.

Companies Plan To Operate With Less Employees

Consulting firm Watson Wyatt Worldwide conducted a new survey of 179 companies and reports that 52% of those surveyed expect to employ fewer people three to five years from now than they did before the recession began. And 73% expect employees to shoulder more of the cost of health care than prior to the recession.

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From the desk of Bob Meyer...06/23/2009

National Association Of Trade Exchanges Names New Board

On May 18, 2009, the majority of the NATE membership voted to elect a new board:
Gary Oshry as President,
Rachel Taylor as Treasurer,
Karen Welch as Secretary,
Ric Zampatti, Director,
Mary Nove, Director
the registered agent is Harold Rice.

The new NATE office is located at 10151 IH 35 North, San Antonio, Texas 78233.

A Bridge To Better Times

Some 18% of entrepreneurial small-business owners are working in a second job to keep their businesses afloat. That�s according to the latest findings from the American Express Open Small Business Monitor. Many have sacrificed their personal finances and have stopped paying themselves a salary to deal with the current economic reality.

U.S. Ad Spending Fell 14% In First Quarter

TNS Media Intelligence reports that U.S. ad spending on media such as TV, print and online display ads fell 14% to $30.18 billion in the first quarter from a year earlier. The ad downturn (figures) was worse than anticipated.

Investment World Ever-Changing

Decades ago the bulk of investors in the stock market was the �individual investor.� Now, some 70% of the trading volume on the NYSE and other exchanges is done by large institutional investors. And the �buy and hold� theory of yesteryear has changed as well.

Today major firms employ dozens of PhD�s to develop computer-driven models to identify when to buy and sell stocks, bonds and other securities. The latest discoveries by the brilliant math whizzes revolve around discovery of hidden stock-pricing patterns similar to speech recognition technologies.

In other words, the underlying mathematics of predicting markets is not millions of miles away from the mathematics of speech recognition. Welcome to today�s ever-changing world.

Murphy Joins Novus Media Network

David P. Murphy has been named President of Sales for the Novus Media Network. Novus is a top ten U.S. media agency as ranked by Advertising Age Magazine. They are a part of the Omnicom Media Group, the media division of Omnicom Group Inc.�a leading global marketing and corporate communications company.

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From the desk of Bob Meyer...06/09/2009

IMS Announces Online Bill-Pay & Statement Delivery For Members

International Monetary Systems (OTCBB:INLM) has launched an electronic monthly statement-notification service with an online bill-payment option. Additionally, the new service gives members the opportunity to link to desired features (of their membership) such as the online barter marketplace and travel center.

Facebook Introduces �Credits� Currency To Increase Income

Facebook will be tapping a new revenue stream by introducing a new payment system where visitors to their site may purchase Facebook �credits.� Said �credits� can be used to buy virtual goods from the third-party applications that run on the site. Facebook will capture a percentage of every transaction. (Developers working on Facebook�s platform are expected to earn more than $500 million this year.)

Favorpals Offers Service For Securing Mutual Benefit Through Collective Cooperation

Craftsmen, artists, laborers and professionals, can exchange their services at http://www.favorpals.com.

Travel Updates

         An online travel service (http://www.sidestep.com) offers travelers the ability to check a location and gauge the distance of a hotel from an address or a popular attraction such as a beach, zoo, shopping mall or ballpark.

         Virgin Airlines, the new upstart based in Burlingame (CA), has become the first airline to offer in-flight Internet service on every plane.

         Southwest Airlines has begun letting small cats and dogs fly with their owners, for $75 each way.

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From the desk of Bob Meyer...06/02/2009

25% Early Sign-Up Discount For IRTA Convention

The International Reciprocal Trade Association�s Annual Convention is scheduled for October 1 thru October 3 at the four-star Magnolia Hotel in Dallas, Texas.

To sign-up now go to http://www.IRTA.com.

Hotel Occupancy In The Bahamas Falls To 48.9%

A tourist drought is creating havoc for hoteliers in the Bahamas. The most recent casualty is the Four Seasons Resort Great Exuma, as the 500-acre resort has closed down. Opened in 2003 at a cost of $350 million, they have been unable to move the property.

According to a report in The Wall Street Journal, the receiver(PricewaterhouseCoopers) expects the property to sell for less than $100 million. The hotel�s occupancy had slipped into the 50% range, as reported by the Bahamas Ministry of Tourism.

Millionaire Population Dropping

The wealth of American families has dropped nearly 18% from last year. The Spectrem Group statistics showed that the number of U.S. millionaires fell 27% last year, the biggest drop since the wealth-research firm started collecting data about a decade ago.

The number of U.S. households with a net worth of at least a million (not including primary residences) sank to 6.7 million from 9.2 million in 2007. The population of millionaires is now at 2003-2004 levels, meaning the economic crisis has all but erased the millionaire boom of the past five years.

New Book: The Art of Abundance

John O�Keefe, the founder/owner of The Center For Peak Performance has published his second book, The Art Of Abundance.

For more information see http://www.nostressforyou.com.

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From the desk of Bob Meyer...05/26/2009

Karen Hoffman Authoring Barter Book

Karen Hoffman, a former trade exchange owner who has served two years as the executive director of the International Reciprocal Trade Association, has signed a contract for a new barter book. It is expected to be published in the spring of 2010.

Hedge Funds Post Better Record Than S&P�s 500 Index

While the hedge fund industry experienced a 19% drop in 2008, according to the Chicago-based Hedge Fund Research, it was only the second year since 1990 that the industry lost money as a whole. (The Standard & Poor�s 500-stock index dropped 39%.)

Facts About Mortgage Forgiveness Debt Relief Act Of 2007

Owners of a personal residence will benefit from a short sale, in that the short fall will not be taxable under the Mortgage Forgiveness Debt Relief Act of 2007. However, the act excludes second homes, rental properties, business property, credit cards and car loans.

For more information visit http://www.irs.gov and read Form 982, �Reduction of Tax Attributes Due to Discharge of Indebtedness.�

Businesses Will Be More Accountable In Days Ahead

According to Ram Charan, a consultant to CEOs of many Fortune 500 companies, the executives he works with are very sensitive to the societal pressure, and change will occur. Charan foresees a shift in the compensation of executive pay. And, he believes corporate boards will try to ease the grip of Wall Street by adopting pay structures that consider all stakeholders...including employees and customers.

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From the desk of Bob Meyer...05/19/2009

ITEX National Convention Underway

The 27th Annual ITEX Convention is now underway in Las Vegas. The Orleans Hotel & Casino is the venue, May 19-21. Attendance exceeds 150 with franchisees from all over North America.

Helping Women With Cancer

Do you know someone who is or are you personally battling cancer? Pincbubble.com is headquartered in Atlanta and offers a worldwide program dedicated to the inner and outer beauty of women undergoing chemotherapy.

For more on this program go to http://www.pincbubble.com.

Don Mardak Appears On Bloomberg TV Program

International Monetary Systems CEO Don Mardak appeared on the Bloomberg TV program Venture Friday evening, May 15. Mardak discussed the state of the barter industry and industry trends.

For more details on Mardak�s interview see http://www.bloomberg.com. (Click on �TV & Radio� and then go to �USTV Clips.�)

What If Grandpa Had Bought 100 Shares!

Johnson & Johnson is the sixth most profitable company in the Fortune 500, and the fifth most valuable (ahead of P&G, IBM, GE and Berkshire Hathaway). If you�d bought a single share when the company went public in 1944 at its IPO price of $37.50 and had reinvested the dividends, you now have a bit over $900,000...a stunning annual return of 17.1%.

Even if you hadn�t reinvested the dividends, that single share would now be 2,500 shares as a result of splits, and you�d be collecting dividends of $4,500 a year from that $37.50 investment.

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From the desk of Bob Meyer...05/12/2009

Five Over-Rated Small Businesses

According to U.S. News & World Report these are the five most over-rated small businesses:

  • Green businesses

  • Contracting

  • Restaurants

  • Franchises

  • Traffic-driven web sites

Twenty-Two Percent of U.S. Homeowners Are �Underwater�

The number of borrowers who owe more on their mortgages than their homes are worth is 20.4 million (21.9%), according to the real estate web site www.Zillow.com.

Ten Popular Categories Within Trade Exchanges

1) Restaurants

2) Advertising

3) Printing

4) Dentists

5) Tires

6) Clothing/Shoe stores

7) Veterinarians

8) Dry cleaners

9) Orthodontists

10)Catering

Outsource, Bid, Barter & Make Money

FreeMyTimeNow.com is an online community where professionals, individuals and businesses can outsource, bid and barter. Just $5 a year for complete access to their web community.

Bartering At Breakfast

A trade exchange in Phoenix, Premier Barter, sponsors a barter breakfast where attendees are charged $30 for the breakfast cum meeting. Business owners can put together one-on-one trades as well as learning more about how a barter company operates and the value derived through indirect barter.

For more information visit http://www.thecreativebroker.com.

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From the desk of Bob Meyer...04/28/2009

Fabulous Vermont Estate Available On Barter

A 10,000 square-foot mansion on approximately 18 acres overlooking the mountains, located in a beautiful upscale town of Dorset, Vermont, is available from the owner on a trade basis. Reproduction cost $8,700,000, today�s asking price $5,900,000.

Serious offers can be made to Carol at avoid6@aol.com.

To view property click here.

27th National ITEX Convention Scheduled

The largest trade exchange in the U.S. has scheduled its 27th convention, to be held May 18 - 21 at the Orleans Hotel & Casino in Las Vegas. To date, 150 attendees have signed on. The franchisees will be involved with sales presentations and contests, national partnership strategies and numerous awards for efforts of the past year.

For more information on ITEX go to http://www.itex.com.

People Moving Toward Frugality

With nearly $13 trillion of wealth lost in this recession, a shaken confidence in the capitalist system is prompting a more powerful move toward frugality. Ravi Dhar, director of Yale�s Center for Customer Insights, says the longer this recession lasts the more it will have an impact on people�s long-term behavior.

Additionally, according to Dhar, getting credit is likely to be tougher for many consumers in the next decade than it was during the subprime-lending boom.

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From the desk of Bob Meyer...04/21/2009

Business Owners Are Bartering More

According to the American Express OPEN Small Business Monitor, a semi-annual survey of business owners, business owners are bartering more. Nearly half of business owners (45%) are open to bartering for new products or services with customers or suppliers. And nearly one-quarter (23%) report their barter activities have increased due to the economic environment.

Baby Bagga Has Arrived

Bob Bagga, co-founder of BizXchange, and his wife Anita have announced that their baby boy arrived on April 10, birthed at Toronto�s Mount Sinai Hospital. The baby and mom are doing great.

Commercial Radio Stations Asking For Donations

With radio advertising down 9%, commercial radio stations are taking a page from public radio � asking listeners for donations. A barter twist of sorts can be included, wherein top donors get access to the station�s special events.

Consumers Focus On Reducing Debt

A U.S. spending Monitor survey by Discover credit card company shows that 35% of consumers expect to reduce their debt level over the next six months. (Households reduced their total debt last year for the first time since World War II.)

Countries Bartering For Farmland

Countries fearing food shortages are making bilateral barter deals with poorer countries to acquire (via leases) farmland to provide crops for their own citizens. For example, Libya is leasing 250,000 acres from Ukraine in a barter deal for oil. While Saudi Arabia is presently seeking deals with Egypt, Pakistan, South Africa, Thailand, Turkey and Ukraine.

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From the desk of Bob Meyer...04/14/2009

BizXchange Gets Exposure On Forbes Web Site

Forbes.com recently did a 2-minute video news piece on BizXchange.

Here is the link: http://video.forbes.com/fvn/byb/forget-cash-barter-instead.
 

Champagne Exchanged For Advertising

Vienna�s Albertina Museum, home to landmark Impressionist works by Monet and Renoir, is embracing barter (asking companies to fund champagne and cocktails at receptions in exchange for advertising) as the financial crisis continues. It�s a way to cope with shrunken endowments, thriftier benefactors and cuts in state funding.

 

Transition Towns Embrace Local Bartering

Referred to as Transition Towns, hundreds of small towns�worldwide�are supporting local currencies for a �Keep It Local� bartering system that focuses on growing and improving the success of local businesses. Resident populations are showing a greater eagerness to utilize this �Keep It Local� way of (business) trading.

Barter Aids Hotels By Countering Low Occupancies

Hoteliers in downtown Chicago saw February occupancy rates at 48%, down from 54% a year earlier, according to Smith Travel Research. The average cost of a room fell by more than $16 to $133 � an 11% decline. With the hotels hurting, interest in barter (using trade exchanges) has increased substantially.

Seattle�s New Community Currency

A new Seattle community barter startup was launched two months ago. Their barter currency is called dibspace.

For more information go to http://www.dibspace.com.

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From the desk of Bob Meyer...04/07/2009

Emotional Stimulus Plan To Manage Your Fear

In today�s economic environment many Americans are feeling anxious, edgy and vulnerable. While our government and others are instituting a variety of measures to stimulate economic growth, there are things that we as individuals can do to control anxiety and stimulate our emotional growth.

      Talk with your family and loved ones more frequently. Emotional and physical intimacy offers comfort when one is feeling vulnerable.

      Accept that when you feel victimized, anger is an appropriate response...diffuse it in a constructive way.

      Practice good relaxation techniques. Deep breathing, soft music, a hot bath, and turning off the phone, pager and PDA can offer some relief.

      Focus on things you can control. Learn a new skill or sport, or spend time on a favorite hobby.

      Attend religious or spiritual services. Let go of problems and open your heart to feelings of peace and love.

      Exercise. It sweeps the cobwebs out and encourages more restful sleep.

      Do things that give you pleasure. Go for a hike, read an escapist book or watch a funny movie.

      Make allowances. Be aware that you�re not functioning at 100%...allow yourself and others more time to complete personal and professional chores.

      Take it one day at a time. The onset of stress may be rapid, but getting rid of it can take a while. Try to resume the comfort and predictability of everyday routines.

      Manage your fear, getting professional help if you need it. Counselors and therapists have lots of tools that can help you get through the troubled times.

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From the desk of Bob Meyer...03/31/2009

Barter Plays Needed Role In London Olympics

British Olympic legend Sebastian Coe (gold medals in 1980 and 1984) is chairman of London�s Olympic Committee and the 2012 Summer Games. Coe was in the U.S. recently for an international sports business conference, saying that upon his return to London he will be looking for sponsors to barter �in-kind� goods and services. Namely food and equipment needed for the Games, in lieu of cash fees for the sponsorships.

New England Trade Garners �Ink� In Boston Business Journal

Ken Meharg and Gary Oshrey�s New England Trade received coverage in the Boston Business Journal recently. The company has 1,300 members and projects $15 million in trade volume for 2009.

Logie�s Member Bartering In New York

An IRTA member exchange in Scotland is expanding its trade into the United States. European-based Hebridean Liquor Co. is bartering its products in New York through Richard Logie�s The Business Exchange, which is based in Aberdeen, Scotland.

Unusual Barter Deal Possible

The U.S. is looking into the possibility of �bartering� with Russia, wherein Russia would assist in convincing Iran to reconsider its move toward developing nuclear warheads on its long-range missiles. In return the U.S. will reconsider employing missile defense sites in Poland and the Czech Republic.

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From the desk of Bob Meyer...03/24/2009

Hotel Barter Expert Advises Independent Hoteliers

Established in 1992, Jody Merl�s Parsippany (NJ)-based Innovative Travel Marketing specializes in hotel and travel advertising using barter to expand buying power � exchanging unsold room inventory for advertising placement and services.

It should be noted that while independent hotels have more of a propensity to trade than hotel chains, a number of hotel groups have made barter a highly successful, company-wide strategy.

For more information on ITM see www.InnovativeTravelMarketing.com.

Trading Barter Company Network Eyes Acquisitions

Geneva, Switzerland-based HE-5 Resources (Pinksheets:HRRN) has acquired Trading Barter Bank. HE-5 reports its new purchase will be targeting acquisitions of micro-market barter companies in North America and Europe, and merging them with the Trading Barter Company network. 

Beer For Coffee

Since 1993, Kansas City (MO)-based Boulevard Brewing Co. has been bartering with local coffee company The Roasterie, which receives beer for events in exchange for wholesale rates on coffee for Boulevard�s office.

Magazine Has Bartering Tips For Brides

Modern Bride magazine�s April/May issue offers ideas on how to barter for an (almost) perfect wedding. Two of the tips: Put your trades in writing so there is no misunderstanding; and avoid annual peak wedding times, for obvious reasons.

Knoxville�s Tradebank Expanding

Knoxville�s Tradebank reports signing up 44 local companies the first 75 days of 2009, compared to 25 new members in the same time period in 2008. The company has 700 members in the Knoxville area.

An Effective Cost-Cutting Measure

Canadian Cameron Herold, founder of Vancouver-based business consulting firm BackPocket COO, launched one of his most effective cost-cutting measures during tough times in 2002.

He determined the average cost of business trips and told his employees that when they spend less than that, he�d split the savings with them. Employees tended to cut travel expenses by 40% � fattening their own wallets and helping the company accumulate annual savings of about $120,000.

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From the desk of Bob Meyer...03/17/2009

Fiji Real Estate Available On Barter/Cash Blend

Three lots, all 3/4 acre, are available in Fiji. The lots, priced at $50,000, $65,000 and $80,000, are available 50% ITEX & 50% cash.

For more information see: http://www.heavensdoorfiji.blogspot.com.

InterMedia Founder Dies

Sydney Yallen, founder and CEO of InterMedia, has passed away at 85. Yallen founded the company in 1974 after a career in advertising/media that began at the age of 13 as a part-time office boy at a Los Angeles radio station. In 1967, he worked as the West Coast regional manager for the barter company Pepper and Tanner. (Pepper and Tanner later changed their name to the William B. Tanner Company; they were a major story in Issue #3 of BarterNews magazine.)

California Community Offers Barter Services To Volunteers

A hard hit economic area, Laton (CA) is offering people in the vicinity the opportunity to trade their time on such community efforts as street cleaning, teaching literacy classes or painting selected buildings. In exchange they will receive �coupons� which can be used to acquire needed goods and services at selected locations within the locale.

What�s The Color Of Their Eyes

We all want to make a good impression. Here�s the sure way to do so �notice the color of a person�s eyes as you shake their hand! Here�s why it works. You�ll gain strong eye contact in a way that shows you�re interested in what the person has to say.

Vail Resorts Knows Barter�s Value

Vail Resorts, which owns Beaver Creek and a handful of other ski areas in Colorado and California, is cutting pay for workers in order to preserve jobs. The ski-resort operator reports that affected employees salaries will be cut on a sliding schedule from 2.5% for seasonal employees to 10% for executives. Employees also will receive a portion of their salaries in stock.

California Cities Barter Stimulus Funds

Creativity is alive and well in three cities in California as they are proposing to barter their anticipated share of federal money for highway improvements in exchange for funds that they could use as they see fit.

Officials at the Metropolitan Transportation Authority, which is responsible for distributing federal highway and transit stimulus funds to agencies in Los Angeles County, said they had no objection to this kind of exchange provided the projects that are to receive stimulus funds meet the federal criteria.

But at the same time officials sent a letter to city managers saying that efforts by more municipalities to take the bartering process a step further will not be allowed.

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From the desk of Bob Meyer...03/10/2009

Unemployed? Barter Your Services For Your Next Job

Here�s a little used technique that will make an impression on an employer. Suggest that you will work for no pay (bartering your services) in return for on the job training for a period of time. There are plenty of employers who have cut to the bone with layoffs, but still have work to get done.

ITEX�s CEO Presented Overview At Technology Conference

Steven White, CEO of the ITEX Corporation, presented a corporate overview of his company�s current operations and an update on its web strategies at the Securities Research Associates Fifth Annual Winter Technology Conference, March 9. The conference was held at the Omni Hotel in San Francisco. A video replay is available on the ITEX web site, www.itex.com under the Investors Relations section.

Bay Area BizXchange Is Booming

BizXchange, in the San Francisco Bay Area, has 500 members. But the interest in barter is so intense that the company is projecting an 80% growth for 2009. Chief Operating Officer Chris Haddawy says members today are focusing more on core business expenses like printing, signage and advertising.

Trade Stock Shares For Plush Vacation

We�ve seen two different situations where hoteliers and/or travel agencies are offering top-end hotel rooms for a special vacation. No cash is needed, instead pay for the rooms with shares of stock you�re holding�at today�s share price. One of the entities will even add a 10% premium to the share price.

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From the desk of Bob Meyer...03/03/2009

Asia�s BarterXchange Expectations Growing

BarterXchange expects to see RM30 million of barter transactions this year for the Malaysian and Singapore markets.

TradeBay Follows eBay Model, But Operates On Barter

Teddy Rader, a student at Bowling Green State University in Ohio, has started a business called TradeBay. It is much like eBay but operates on a barter system only. (Click here.)

Alcoa Aluminum Barter Equity Stakes

Alcoa has announced that it has entered into an agreement with Orkla under which both companies would exchange their corresponding stake in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices.

Direct Barter Internet Sites

Here are two sites where consumers can barter: http://www.friendlyfavor.com and http://www.favorpals.com.

Ford Motor Barters To Fund Retiree Health Care Benefits

Ford and the United Auto Workers agreed to change the way the company funds retiree health care benefits. Ford which faces nearly $10 billion in health costs for retired union workers, now may make up to half its contributions in Ford stock rather than cash. (Ford has 187,000 retirees.)

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From the desk of Bob Meyer...02/24/2009

Dubai Racked By Debt

Dubai�s economy is contracting after a 40% slump in property prices, leaving the emirate struggling to refinance $15 billion of debt this year, the credit-rating company Moody�s divulged.

Great Time For Hotel Room Deals

According to PKF Consulting statistics, the best deals in the hotel industry are rooms...with vacancies at a 20-year high. Look for promotions at hotel web sites and compare prices at Quikbook.com.

WSJ Says �Barter Fits The Bill For Strapped Firms�

The February 17 issue of The Wall Street Journal ran a significant story about how small businesses, squeezed for cash (and unable to get loans), are bartering more. NuBarter and BizXchange were two barter companies listed, along with six small businesses denoting their barter experiences.

More Barter Internationally As Bank Lending Dries Up

A recent article in the Financial Times reports countries from Malaysia to Morocco say they have reverted to bartering for food and making deals to import commodities ranging from rice to olive oil. Officials estimate the deals range from $5 million for smaller contracts to more than $500 million for the biggest.

Barter Tops In Cost-Per-Lead

According to Action International Business Coaching, their evaluations of small companies using barter shows that barter is tops in providing return-on-investment and cost-per-lead.

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From the desk of Bob Meyer...03/10/2009

Unemployed? Barter Your Services For Your Next Job

Here�s a little used technique that will make an impression on an employer. Suggest that you will work for no pay (bartering your services) in return for on the job training for a period of time. There are plenty of employers who have cut to the bone with layoffs, but still have work to get done.

ITEX�s CEO Presented Overview At Technology Conference

Steven White, CEO of the ITEX Corporation, presented a corporate overview of his company�s current operations and an update on its web strategies at the Securities Research Associates Fifth Annual Winter Technology Conference, March 9. The conference was held at the Omni Hotel in San Francisco. A video replay is available on the ITEX web site, www.itex.com under the Investors Relations section.

Bay Area BizXchange Is Booming

BizXchange, in the San Francisco Bay Area, has 500 members. But the interest in barter is so intense that the company is projecting an 80% growth for 2009. Chief Operating Officer Chris Haddawy says members today are focusing more on core business expenses like printing, signage and advertising.

Trade Stock Shares For Plush Vacation

We�ve seen two different situations where hoteliers and/or travel agencies are offering top-end hotel rooms for a special vacation. No cash is needed, instead pay for the rooms with shares of stock you�re holding�at today�s share price. One of the entities will even add a 10% premium to the share price.

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From the desk of Bob Meyer...03/03/2009

Asia�s BarterXchange Expectations Growing

BarterXchange expects to see RM30 million of barter transactions this year for the Malaysian and Singapore markets.

TradeBay Follows eBay Model, But Operates On Barter

Teddy Rader, a student at Bowling Green State University in Ohio, has started a business called TradeBay. It is much like eBay but operates on a barter system only. (Click here.)

Alcoa Aluminum Barter Equity Stakes

Alcoa has announced that it has entered into an agreement with Orkla under which both companies would exchange their corresponding stake in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices.

Direct Barter Internet Sites

Here are two sites where consumers can barter: http://www.friendlyfavor.com and http://www.favorpals.com.

Ford Motor Barters To Fund Retiree Health Care Benefits

Ford and the United Auto Workers agreed to change the way the company funds retiree health care benefits. Ford which faces nearly $10 billion in health costs for retired union workers, now may make up to half its contributions in Ford stock rather than cash. (Ford has 187,000 retirees.)

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From the desk of Bob Meyer...02/24/2009

Dubai Racked By Debt

Dubai�s economy is contracting after a 40% slump in property prices, leaving the emirate struggling to refinance $15 billion of debt this year, the credit-rating company Moody�s divulged.

Great Time For Hotel Room Deals

According to PKF Consulting statistics, the best deals in the hotel industry are rooms...with vacancies at a 20-year high. Look for promotions at hotel web sites and compare prices at Quikbook.com.

WSJ Says �Barter Fits The Bill For Strapped Firms�

The February 17 issue of The Wall Street Journal ran a significant story about how small businesses, squeezed for cash (and unable to get loans), are bartering more. NuBarter and BizXchange were two barter companies listed, along with six small businesses denoting their barter experiences.

More Barter Internationally As Bank Lending Dries Up

A recent article in the Financial Times reports countries from Malaysia to Morocco say they have reverted to bartering for food and making deals to import commodities ranging from rice to olive oil. Officials estimate the deals range from $5 million for smaller contracts to more than $500 million for the biggest.

Barter Tops In Cost-Per-Lead

According to Action International Business Coaching, their evaluations of small companies using barter shows that barter is tops in providing return-on-investment and cost-per-lead.

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From the desk of Bob Meyer...03/31/2009

Barter Plays Needed Role In London Olympics

British Olympic legend Sebastian Coe (gold medals in 1980 and 1984) is chairman of London�s Olympic Committee and the 2012 Summer Games. Coe was in the U.S. recently for an international sports business conference, saying that upon his return to London he will be looking for sponsors to barter �in-kind� goods and services. Namely food and equipment needed for the Games, in lieu of cash fees for the sponsorships.

New England Trade Garners �Ink� In Boston Business Journal

Ken Meharg and Gary Oshrey�s New England Trade received coverage in the Boston Business Journal recently. The company has 1,300 members and projects $15 million in trade volume for 2009.

Logie�s Member Bartering In New York

An IRTA member exchange in Scotland is expanding its trade into the United States. European-based Hebridean Liquor Co. is bartering its products in New York through Richard Logie�s The Business Exchange, which is based in Aberdeen, Scotland.

Unusual Barter Deal Possible

The U.S. is looking into the possibility of �bartering� with Russia, wherein Russia would assist in convincing Iran to reconsider its move toward developing nuclear warheads on its long-range missiles. In return the U.S. will reconsider employing missile defense sites in Poland and the Czech Republic.

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From the desk of Bob Meyer...03/24/2009

Hotel Barter Expert Advises Independent Hoteliers

Established in 1992, Jody Merl�s Parsippany (NJ)-based Innovative Travel Marketing specializes in hotel and travel advertising using barter to expand buying power � exchanging unsold room inventory for advertising placement and services.

It should be noted that while independent hotels have more of a propensity to trade than hotel chains, a number of hotel groups have made barter a highly successful, company-wide strategy.

For more information on ITM see www.InnovativeTravelMarketing.com.

Trading Barter Company Network Eyes Acquisitions

Geneva, Switzerland-based HE-5 Resources (Pinksheets:HRRN) has acquired Trading Barter Bank. HE-5 reports its new purchase will be targeting acquisitions of micro-market barter companies in North America and Europe, and merging them with the Trading Barter Company network. 

Beer For Coffee

Since 1993, Kansas City (MO)-based Boulevard Brewing Co. has been bartering with local coffee company The Roasterie, which receives beer for events in exchange for wholesale rates on coffee for Boulevard�s office.

Magazine Has Bartering Tips For Brides

Modern Bride magazine�s April/May issue offers ideas on how to barter for an (almost) perfect wedding. Two of the tips: Put your trades in writing so there is no misunderstanding; and avoid annual peak wedding times, for obvious reasons.

Knoxville�s Tradebank Expanding

Knoxville�s Tradebank reports signing up 44 local companies the first 75 days of 2009, compared to 25 new members in the same time period in 2008. The company has 700 members in the Knoxville area.

An Effective Cost-Cutting Measure

Canadian Cameron Herold, founder of Vancouver-based business consulting firm BackPocket COO, launched one of his most effective cost-cutting measures during tough times in 2002.

He determined the average cost of business trips and told his employees that when they spend less than that, he�d split the savings with them. Employees tended to cut travel expenses by 40% � fattening their own wallets and helping the company accumulate annual savings of about $120,000.

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From the desk of Bob Meyer...03/17/2009

Fiji Real Estate Available On Barter/Cash Blend

Three lots, all 3/4 acre, are available in Fiji. The lots, priced at $50,000, $65,000 and $80,000, are available 50% ITEX & 50% cash.

For more information see: http://www.heavensdoorfiji.blogspot.com.

InterMedia Founder Dies

Sydney Yallen, founder and CEO of InterMedia, has passed away at 85. Yallen founded the company in 1974 after a career in advertising/media that began at the age of 13 as a part-time office boy at a Los Angeles radio station. In 1967, he worked as the West Coast regional manager for the barter company Pepper and Tanner. (Pepper and Tanner later changed their name to the William B. Tanner Company; they were a major story in Issue #3 of BarterNews magazine.)

California Community Offers Barter Services To Volunteers

A hard hit economic area, Laton (CA) is offering people in the vicinity the opportunity to trade their time on such community efforts as street cleaning, teaching literacy classes or painting selected buildings. In exchange they will receive �coupons� which can be used to acquire needed goods and services at selected locations within the locale.

What�s The Color Of Their Eyes

We all want to make a good impression. Here�s the sure way to do so �notice the color of a person�s eyes as you shake their hand! Here�s why it works. You�ll gain strong eye contact in a way that shows you�re interested in what the person has to say.

Vail Resorts Knows Barter�s Value

Vail Resorts, which owns Beaver Creek and a handful of other ski areas in Colorado and California, is cutting pay for workers in order to preserve jobs. The ski-resort operator reports that affected employees salaries will be cut on a sliding schedule from 2.5% for seasonal employees to 10% for executives. Employees also will receive a portion of their salaries in stock.

California Cities Barter Stimulus Funds

Creativity is alive and well in three cities in California as they are proposing to barter their anticipated share of federal money for highway improvements in exchange for funds that they could use as they see fit.

Officials at the Metropolitan Transportation Authority, which is responsible for distributing federal highway and transit stimulus funds to agencies in Los Angeles County, said they had no objection to this kind of exchange provided the projects that are to receive stimulus funds meet the federal criteria.

But at the same time officials sent a letter to city managers saying that efforts by more municipalities to take the bartering process a step further will not be allowed.

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From the desk of Bob Meyer...03/10/2009

Unemployed? Barter Your Services For Your Next Job

Here�s a little used technique that will make an impression on an employer. Suggest that you will work for no pay (bartering your services) in return for on the job training for a period of time. There are plenty of employers who have cut to the bone with layoffs, but still have work to get done.

ITEX�s CEO Presented Overview At Technology Conference

Steven White, CEO of the ITEX Corporation, presented a corporate overview of his company�s current operations and an update on its web strategies at the Securities Research Associates Fifth Annual Winter Technology Conference, March 9. The conference was held at the Omni Hotel in San Francisco. A video replay is available on the ITEX web site, www.itex.com under the Investors Relations section.

Bay Area BizXchange Is Booming

BizXchange, in the San Francisco Bay Area, has 500 members. But the interest in barter is so intense that the company is projecting an 80% growth for 2009. Chief Operating Officer Chris Haddawy says members today are focusing more on core business expenses like printing, signage and advertising.

Trade Stock Shares For Plush Vacation

We�ve seen two different situations where hoteliers and/or travel agencies are offering top-end hotel rooms for a special vacation. No cash is needed, instead pay for the rooms with shares of stock you�re holding�at today�s share price. One of the entities will even add a 10% premium to the share price.

Top


From the desk of Bob Meyer...03/03/2009

Asia�s BarterXchange Expectations Growing

BarterXchange expects to see RM30 million of barter transactions this year for the Malaysian and Singapore markets.

TradeBay Follows eBay Model, But Operates On Barter

Teddy Rader, a student at Bowling Green State University in Ohio, has started a business called TradeBay. It is much like eBay but operates on a barter system only. (Click here.)

Alcoa Aluminum Barter Equity Stakes

Alcoa has announced that it has entered into an agreement with Orkla under which both companies would exchange their corresponding stake in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices.

Direct Barter Internet Sites

Here are two sites where consumers can barter: http://www.friendlyfavor.com and http://www.favorpals.com.

Ford Motor Barters To Fund Retiree Health Care Benefits

Ford and the United Auto Workers agreed to change the way the company funds retiree health care benefits. Ford which faces nearly $10 billion in health costs for retired union workers, now may make up to half its contributions in Ford stock rather than cash. (Ford has 187,000 retirees.)

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From the desk of Bob Meyer...02/24/2009

Dubai Racked By Debt

Dubai�s economy is contracting after a 40% slump in property prices, leaving the emirate struggling to refinance $15 billion of debt this year, the credit-rating company Moody�s divulged.

Great Time For Hotel Room Deals

According to PKF Consulting statistics, the best deals in the hotel industry are rooms...with vacancies at a 20-year high. Look for promotions at hotel web sites and compare prices at Quikbook.com.

WSJ Says �Barter Fits The Bill For Strapped Firms�

The February 17 issue of The Wall Street Journal ran a significant story about how small businesses, squeezed for cash (and unable to get loans), are bartering more. NuBarter and BizXchange were two barter companies listed, along with six small businesses denoting their barter experiences.

More Barter Internationally As Bank Lending Dries Up

A recent article in the Financial Times reports countries from Malaysia to Morocco say they have reverted to bartering for food and making deals to import commodities ranging from rice to olive oil. Officials estimate the deals range from $5 million for smaller contracts to more than $500 million for the biggest.

Barter Tops In Cost-Per-Lead

According to Action International Business Coaching, their evaluations of small companies using barter shows that barter is tops in providing return-on-investment and cost-per-lead.

Top


From the desk of Bob Meyer...02/17/2009

Restaurants Barter For Giant Pumpkins

Restaurants in Elk Grove (CA) traded a meal for six to obtain giant pumpkins during the California Giant Pumpkin Forum on February 7. The giant pumpkins are used for decoration. The largest pumpkins will weigh from 700 to 900 pounds.

These giant pumpkins produce 500 to 600 seeds...the highest price ever paid for a single seed was $200.00

Durango People Looking To Connect Barter �Dots�

In Durango (CO) a recently formed La Plata Skills Trade Collective, a local time bank, is looking to galvanize the local community while strengthening community ties. It�s a way, say the organizers, for people with skills and equipment to come together and connect the dots.

�Hours� are earned in performing work for others and then the �hours� currency is spent for the services of other time bank participants. Currently a web site is being built for the new collective.

New Online Barter Communities

Barter Buddies is now open for business. There is no charge for the first three months, then a small annual fee is needed thereafter ... http://www.barterbuddies.co.uk.

A Toronto-based bartering community for Canadians is now operative. Members can barter their items or skills with the option to balance an uneven trade transaction with cash ... http://www.swapsity.ca.

Google Finds �Media Business� Tougher Than Expected

Google has closed both their print (placing ads in newspapers) and radio services within the last month. A company spokesperson said the projects were closed because they didn�t have the impact the company hoped for.

(The move was a blow to Clear Channel Communications as they were a major partner in the media efforts. In 2007, Google signed a high-profile deal to sell a guaranteed portion of ad inventory on more than 675 radio stations owned by Clear Channel.)

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From the desk of Bob Meyer...02/10/2009

IRTA Europe Conference Scheduled For Norway

The IRTA European Chapter Board of Directors has approved a measure to convene the 2009 European International Reciprocal Trade Association on June 4 - 5 in the charming town of Kragero, Norway.

IRTA members Rob van Hilten and Edgar Kampers of Qoin International (Netherlands) will host the conference. It will be just prior to the Annual Kragero Money & Philosophy Festival which focuses on money, alternative currencies, philosophy and equality.

The IRTA-Euro Conference promises to be a great learning experience and a wonderful time. Look for more details and registration information in the coming weeks.

BizXchange Featured On Local NBC Affiliate

Chris Haddawy, COO of BizXchange, appeared on the local San Francisco Bay Area NBC telecast explaining about how bartering is good for Bay Area businesses.

New Study Shows Value Of Discounts, Coupons

A new study by Penn, Schoen & Berland shows the power of coupons and discounts in influencing buying behavior. The study reported that nearly 68% of recession shoppers purchased something online they wouldn�t have otherwise, because of a coupon or discount. Thus conveying that consumers are becoming more aggressive when searching for deals and making smarter buying decisions.

�Cookies By Design� Franchisee Likes Barter

With sales down 26% over the last year, franchisee Renee King was very reluctant to just pull out her credit card to make business purchases, like in the past. She�s now into barter.

Recently she traded cookie credits (from her store), to cover a $550 membership fee at the Long Beach Convention & Visitors Bureau, where she expects to meet potential clients. She also bartered cookie credits with a local newspaper for advertising space.

Magna Global Trading Name Change

Magna Global Trading of Interpublic Group�s Mediabrands has rebranded to become Orion Trading, as part of an expansion plan that includes opening an office in Australia...its first in the Asia-Pacific region.

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From the desk of Bob Meyer...02/03/2009

Historic Sportsman Lodge Closing, Venue For First Industry Meeting

The site of the first IATE (International Association of Trade Exchanges) meeting of trade exchange owners is closing its doors. IATE, now known as IRTA (International Reciprocal Trade Association), held the barter industry�s initial meeting at the Sportsman Lodge (Sherman Oaks) back in 1978. The San Fernando Valley landmark is being replaced with an upscale steakhouse.

More Price Drops for Real Estate Predicted

The January issue of the International Forecaster newsletter projects home prices in the U.S. will drop another 20% to 30%. They also predict inflation will resurface in April, as the monetization by the government begins hitting the markets.

President Of IRTA On The Road

David Wallach will be traveling to Seattle this week to visit with IRTA members in the Northwest.

Recession Marketing

Have you seen the new ad by Hyundai? A good example of �recession marketing.� Here�s their message: �Buy a new Hyundai and if you lose your income in the next year, we�ll let you return the car. We�re all in this together...and we�ll get through it together.�

Here & There...

         Premier Barter, headquartered in Phoenix, recently opened an office in Firestone, Colorado. Megan Johnson is managing the Colorado office.

         In light of today�s economy, TV stations are pushing hard for all-barter deals that involve the station only giving up a certain amount of ad time.

         Business guru Tom Peters says today�s business malaise has a bright spot. Companies will see the value (and need) for everyone to be more connected to optimize productivity. Developing people will be critical. The best way to do that? Engage people, ask them, �What do you think?�

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From the desk of Bob Meyer...01/27/2009

Corporate Barter Firm Hires 35-Year TIME Inc. Veteran

ICON International, a corporate barter company, has appointed Ed McCarrick, former President and Worldwide Publisher of Time Group, to Executive VP of Account Management and Media Partnerships.

Five Ways To �Get Free�

On their web site, www.YesMagazine.com had an article titled, �Stand Up To Corporate Power: Five Ways To Get Free.� One of the five ways concerned money...

GOOD: Make sure your investments are socially responsible. Put your cash in a local bank or credit union.

BETTER: Use a local currency system, or start one. Barter for goods and services to get away from money altogether.

The Barter Network Reports 58% Growth Year-Over-Year

The Barter Network, founded in 2006 and located in Winter Park (FL), reported their trade volume for 2008 was $1.8 million, an increase of 58% over $1.06 million in 2007.

Colorado Town Sets Up Barter System

The town of Hartsel (CO) has set up a barter-type system to help the locals. One of the ways they work together is through the impromptu food bank. When residents have extra canned goods they make a donation, then when they need a little help they get back some food.

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From the desk of Bob Meyer...01/20/2009

Palm Oil For Fertilizer

Malaysia will be trading crude palm oil for fertilizer components from North Korea. The same barter arrangement will be used in deals with Morocco, Jordan, Syria and Iran.

Barter Booming For New Zealand�s Bartercard

Paul Bolte, CEO of Bartercard New Zealand, says his 6,300 members are bartering more than ever. He reports $23.5 million in goods and services traded in December, a record-setting month. Bolte expects 2009 trading volume to hit $215 million.

BarterQuest Eyes New Marketplace

According to reports, BarterQuest has heard from so many farmers that they are looking into creating an online community for farmers where they could trade grain, equipment, harvesting efforts, et cetera. Farmers, historically, have cooperatively bartered with one another making for tight-knit communities.

Australia�s BBX Contemplates Expansion

BBX, an Australian-based trade exchange, has announced they will be opening eleven new franchises across the country in the coming months. The BBX franchises will open in five states, according to CEO Michael Touma.

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From the desk of Bob Meyer...01/13/2009

Tenants In Las Vegas Getting Barter Deals

With commercial vacancy rates at 17.5% in the third quarter (9th straight quarter they�re up) landlords and real estate brokers have been working overtime to close deals. Rent free space, as well as tenant improvements, have been bartered to close deals...a far cry from a year ago when concessions were a market taboo.

WSJ Article Touts Barter

In an article on a Wall Street Journal blog (Deal Journal) titled, �The Winners From The Year That Was,� bartering was listed as one of the winners. The article concluded: �Trading something you have for something you want used to be the function of money, before money came from ATMs and plastic cards and home loans. It still isn�t a bad idea.�

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From the desk of Bob Meyer...01/06/2009

Microsoft Uses Barter Strategy To Increase Market Share

Microsoft is putting pressure on Adobe Systems� dominance of web design software. Microsoft�s competing software, Silverlight, has been aggressively courting the operators of popular websites and advertising agencies that are Adobe�s core customers. They�re doing so by bartering �development and support,� which reduces the new client�s costs tremendously.

Virginia�s Bill Meacham Sees Big Jump In Trades

Bill Meacham, owner of two Virginia-based trade exchanges, says he saw a 50% increase in activity for November over the same month a year earlier.

CBS News Airs Barter Segment

The CBS Evening News on December 31 had a segment on �The Business of Bartering.� Several direct trades were illustrated, as well as a story of a trucking company that utilized the IMSBarter exchange to save its business.

Credit Card Companies To Reduce Credit Lines By $2 Trillion

The three largest U.S. credit-card issuers are J.P. Morgan Chase & Co., Bank of America, and Citigroup. As of June 30, these three banks had nearly 60% of the $724.44 billion in outstanding loans of the ten biggest credit-card issuers, according to the Nilson Report, a Carpinteria (CA) newsletter that follows the industry.

Analysts following the industry estimate that credit-card issuers will reduce credit lines by more than $2 trillion in the next 18 months.

Holiday Barter Faires Are Big Winner For IMSBarter

IMSBarter reported that their Holiday Barter Expo�s generated over $3 million in income this year...these sales figures were for one side of the trade.

Kansas Man Shows Las Vegas Moguls How To Make Money

Phil Ruffin Sr., a 73-year-old businessman, has achieved spectacular success in his Las Vegas real estate dealings. Consider his impeccable moves:

In 1998 he bought his first Las Vegas casino, the New Frontier (when the casino was mired in a six-year union strike) for $165 million. Less than ten years later he sold it for $1.24 billion � when everyone in Vegas was in a land-buying frenzy.

Then in 2008, with cash in-hand, he approached the cash-strapped MGM Mirage about buying its Treasure Island Hotel & Casino. He recently did so, for $500 million cash and another $275 million in notes. Ruffin says it�s a good deal, as a 3,000-room Vegas hotel/casino today would cost $3 billion to build. In another decade or so Ruffin will likely pocket another billion in profits!

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