Andover Resident Re-elected as Treasurer of National Barter Association

Gary Oshry, of New England Trade, a Malden, MA-based barter organization, has been re-elected as treasurer to the National Association of Trade Exchanges (NATE).

The announcement was made at the NATE’s recent 31st annual convention at the Golden Nugget in Las Vegas, where trade exchanges from both the U.S. and Canada attended. The convention attendees consisted of trade exchange owners, brokers and sales representatives from more than 25 exchanges.

Gary Oshry, a resident of Andover, MA, is a Certified Trade Broker (CTB) with 24 years of barter industry experience. A three term Past President of the association, Gary was recently awarded the 2014 Board Member of the Year. He has served on the board since 2009.

“It is honor to both serve my professional trade association and continue to help guide its future,” noted Oshry. He added, “Barter continues to a great way to enhance a business’s cash flow and our North American brethren are helping prove that every day. With the advent of the new technology like the membership app, barter is easier to use than ever – members can just swipe and go.”

With an eye to the future, Oshry has introduced a Barter Marketplace, an App in the Apple and Android stores, and swipe technology. The swipe technology integrates credit card technology for barter transactions. The benefit to New England Trade members is that they have the ability to use their membership card to pay for their purchases with trade dollars instead of cash – extending their cash flow and buying power.

About New England Trade

Established in 1980, New England Trade is a business-to-business network whose members have traded hundreds of millions of dollars in goods & services. Through the network, members are able to improve profits and reduce expenses in their business by trading excess goods or filling idle capacity. Barter is a creative way to increase sales and decrease cash expenses. Restaurants, auto services, travel, retail stores, and professional business services such as accounting, legal, advertising, and marketing are a sampling of the numerous clients who do business with New England Trade, Inc. and each other.

Worldwide, more than $600-billion is traded annually by small firms and giant companies alike. Nearly one-third of all U.S. businesses are involved in some kind of barter and more than 65 percent of the corporations listed on the New York Stock Exchange use barter to reduce surplus inventory and bolster sales.

New England Trade, Inc. maintains an office at 926 Eastern Avenue in Malden, MA and manages Cape Cod Trade, LLC. The company is operated by experienced, Certified Trade Brokers who assist businesses that use barter to gain a competitive advantage by growing their market share. In three decades, it has become the largest barter organization in New England, managing more than $10 million in barter transactions annually.

For additional information about the New England Trade, visit www.newenglandtrade.com, email barter@newenglandtrade.com or call (781)388-9200.