Saturday, January 5, 2008

NABA 2005 Barter Survey Findings Are In

NABA 2005 Barter Survey Findings Are In

The survey rates the good, bad, and ugly.

New York, NY (PRWEB) February 19, 2006

After contacting 1,000 merchants at random across all 50 states, another 500 merchants in the eleven provinces of Canada, and 500 merchants of Mexico City, between November and December of 2005, the North American Barter Association has released it’s 2005 barter survey results with some surprising revelations as follows;

Barter exchanges that require partial cash payments or requiring merchants to make monetary deposits in a “security account” had the most complaints and allegations of fraud. Conversely, the few barter exchanges that are pure barter with no cash had the least complaints.

National barter exchanges had order fulfillment rates that averaged 86% while regional exchanges averaged 79% and local exchanges only 71%.

Less than 2% of all barter transactions in North America involve complaints, and 74% of these complaints involve price gouging or hidden fees, while a full 15% of merchants were irritated by their inability to speak directly to a human being at their exchange about problems and were forced to wait days and even up to two weeks for e-mail replies. The balance of complaints were related to delayed deliveries or product deficiencies.

The actual complaint rate was 1.78%, which is less than one-tenth the complaint rate in the automotive industry, one-fifth the complaint rate of the retail industry, one-third the complaint rate of the travel industry, and one half the rate of the construction industry.

78% of merchants surveyed expressed “great satisfaction” with their barter exchange, 12% said they were “adequately satisfied”, and 10% indicated they were “not satisfied”.

In 2005, merchants surveyed claimed they saved an average of $45,000 via barter and had an average cash flow increase of 17.2% using barter.

In 2005 the average consumer barter transaction was $158 while the average commercial barter transaction was $16,493.

32% of all commercial barter transaction were media-related and mostly advertising, while printers accounted for 12% and the travel/hospitality industry 10% of all barter.

Of the 679 active barter exchanges in North America, 543 of them are internet-based and over 85% of all complaints are attributed to these exchanges. 112 of them were suspected to be fraudulent and reported to the U. S. Federal Trade Commission by NABA for investigation.

The average age of existing barter exchanges in 2005 was 4.7 years.

An estimated $28.9 billion of combined commercial and consumer barter transactions occurred in 2005 with 63% of Fortune 500 companies accounting for 67% of this total.

Continental Trade Exchange and Midwest Barter Exchange were tied for best-rated consumer barter, while Merchants Barter Exchange came out on top for commercial barter. Not surprisingly, these three exchanges had the fewest complaints as well.

While less than a dozen exchanges have been around for more than a decade, Merchants Barter Exchange is the fastest-growing barter exchange and according to merchants surveyed has the most diverse goods and services list. ITEX stands out as one of three barters exchanges that is a publicly traded company and is also one of the oldest.

While 97% of the barter exchanges are regional or local, only a handful including Continental and Merchants Barter Exchange offer nation-wide coverage and apparently control a lion's share of the U. S. barter market. ITEX earned high marks for service in local markets.

Only three exchanges had order fulfillment rates of 90% or more; Merchant's Barter Exchange, Barter Master, and Midwest Barter Exchange.

Some universal complaints centered around professional services and the over-abundance of chiropractors, massage therapists, and dentists while most merchants clamored for more skilled tradesmen.

Less than 3% of all merchants surveyed expressed any regrets about joining the world of barter.

Only 62% of all barter exchanges belong to a barter association like IRTA, NABA, or NATE.

On average, merchants surveyed said they increased their barter trade by 13% in 2005 and 26% over the last three years.

Based on the above survey results, NABA offers the following advisory to merchants contemplating joining a barter exchange or changing to a new one;

  • Ensure that your barter exchange belongs to IRTA, NABA, or NATE.
  • Avoid exchanges that exist only in cyberspace with no actual offices and access to staff by telephone during normal business hours.
  • Find yourself a pure barter exchange that requires no cash in their barter transactions or proceed at your own peril.
  • Use only a barter exchange that offers protection against price gouging and discloses all their fees up-front.
  • Use only a barter exchange that guarantees your satisfaction in writing.

# # #

Dr. Marc Moramarco Offers German Treatment for Scoliosis in US

Dr. Marc Moramarco Offers German Treatment for Scoliosis in US

Schroth Method expert, Dr. Marc Moramarco of Scoliosis 3DC recently traveled to Germany to share his promising outpatient results with European colleagues interested in non-surgical treatment alternatives for scoliosis

Woburn, MA (Vocus) May 5, 2010

Dr. Marc Moramarco, Boston area chiropractor and certified Schroth Method practitioner, recently returned from Gensingen, Germany after speaking to more than one-hundred physicians and physical therapists at a conference on the conservative care of scoliosis. Dr. Moramarco shared his experiences and results of his outpatient scoliosis program for adolescents, adults and post-surgical patients at Scoliosis 3DC in Woburn, Massachusetts.

The event was sponsored by Dr. Hans-Rudolf Weiss, an international scoliosis expert, author and former medical director of the Asklepios Katharina Schroth Clinic, Bad Sobernheim, Germany where Dr. Moramarco earned his Schroth Method certification. The Katharina Schroth Clinic is an inpatient facility for non-surgical scoliosis treatment using the physical therapy method bearing her name.

Conference discussions focused on physical therapy techniques, clinical protocols for optimal outcomes, and results. While there, Dr. Moramarco had the opportunity for a private meeting and lunch with Christa Lehnert-Schroth, PT, author of The Schroth Method: Three-Dimensional Treatment for Scoliosis. The two conferred about patient outcomes and the future of Schroth in the USA.

The three-dimensional scoliosis treatment protocols utilized at Scoliosis 3DC are based on Dr. Weiss’ Scoliologic™ techniques as outlined in his book, “Best Practice” in Conservative Scoliosis Care. Scoliologic™ consists of instruction in load-altering techniques including, physiologic™, activities of daily living, 3-D Made Easy™ and the Schroth exercises for scoliosis. Schroth Method exercises are a common form of scoliosis rehabilitation in Germany and neighboring European countries. Scoliologic™ has been shown to enhance the value of Schroth exercises.

Schroth instruction helps patients learn how to bring the musculature supporting the spine into balance. In recent years, its scope has expanded beyond Germany due to the numerous benefits patients discover when incorporating the Schroth exercise and breathing protocols into a daily routine.

Dr. Moramarco began his study of the Schroth Method in 2001 and formally established Scoliosis 3DC in 2007 to provide the curve pattern specific instruction for those seeking alternative scoliosis treatment in the US.

The findings Dr. Moramarco presented in Germany illustrate that outpatient care for Schroth is an effective option for scoliosis patients. “We have found that early outpatient results mirror those attained in Germany in recent years. Halting, or in some cases reducing curves in cases of adolescent scoliosis, as well as improving lung function is what Schroth is all about. These developments are truly good news for scoliosis patients in the US.”

Dr. Moramarco is a graduate of Boston University, The National College of Chiropractic, a founding member of SOSORT – The Society on Scoliosis Orthopedic and Rehabilitation Treatment, a member of the editorial boards of SCOLIOSIS and the Internet Journal of Rehabilitation - both online publications. He is committed to helping patients take a proactive approach to scoliosis management.

For additional information visit http://www. scoliosis3dc. com or http://www. drmoramarco. com.

###