ETD: 931 2005 Holiday Spending to Equal Last Year's; Holiday
Trivia - Thanksgiving; Check 21 added to Web-Based A/R System
E-Tailer's Digest
etd_post at gapent.com
Thu Nov 10 04:06:25 GMT 2005
E-Tailer's Digest --- Everything for the Retailer
Issue #0931 November 10, 2005
George Matyjewicz, Moderator mailto:georgem at gapent.com
Published by: GAP Enterprises, Ltd. http://www.etailersdigest.com
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CONTENTS
[1] Greetings
[2] 2005 Holiday Spending to Equal Last Year's
[3] Holiday Trivia - Thanksgiving
[4] Check 21 added to Web-Based A/R System
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[1] Greetings.
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Hi All:
With the holiday season upon us, you may want to
wish folks a Merry Christmas (for those who
celebrate) and a Happy New Year. Wish the
greetings in their native language: Merry
Christmas here...
http://gapent.com/greetings/christmas.htm and
Happy New Year here...
http://gapent.com/greetings/new_year.htm You can
also find Thank You and Welcome in their native
languages. If you have updates, please let me
know about them. They do attract a lot of attention this time of the year.
Today we have some holiday trivia, starting with
the U.S. holiday of Thanksgiving. Did you know
the answers to these? Some of them fooled
me. The answers are below in section 3. Next
week we will have Christmas trivia.
Quinn Halford and Matthew Kalash report in Gifts
& Dec Direct that this year's holiday spending
will equal last year's. Are you positioned to take advantage of the season?
Jules Kaplan reports that they have added the
Check Clearing for the 21st Century Act (Check 21
Act) to their accounts receivable system. Check it out.
Now, let's get to everything for the retailer.
Sincerely
George Matyjewicz, PhD
Chief Global Strategist, GAP Enterprises, Ltd.
mailto:georgem at gapent.com
http://www.etailersdigest.com
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[2] 2005 Holiday Spending to Equal Last Year's
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A majority of consumers expect to spend the same
amount on the holidays as they did last year,
according to an Internet survey conducted by
Albing International Marketing, New York.
Some 57 percent of survey respondents said their
spending would be the same, while 29 percent said
they would cut back on holiday spending this
year. Only 3 percent plan on going overboard.
Older, married respondents were less nervous
about spending, while younger singles indicated a higher degree of insecurity.
What do they plan to spend their holiday money
on? 50 percent said clothing and accessories; 40
percent, items for the home; 33 percent,
electronics; 29 percent, travel and
entertainment; and 11 percent, home repairs and
upgrades. Only 7 percent planned for personal pampering.
The survey was conducted October 6–20, 2005,
among 300 consumers across the U.S. by Internet polling.
Quinn Halford, Editor In Chief
Matthew Kalash, Managing Editor
Gifts & Dec Direct
www.giftanddec.com
Quote of the Week
“When I absolutely have to bring in a new product
introduction, and I haven't sold enough at that
point, I rob Peter to pay Paul.” — retailer Sonia
Mott in the November issue of Gifts & Decorative Accessories
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[3] Holiday Trivia - Thanksgiving
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1. Which American president proclaimed Thanksgiving Day a national holiday?
2. In what year was the first Thanksgiving celebrated?
3. What was on the menu at the first Thanksgiving meal?
4. Who wanted the turkey to be the official bird of the United States?
5. Who presents the president of the United
States with the official holiday turkey each year?
6. In what year did Macy's Thanksgiving Day Parade make its debut?
7. What percentage of the American people eat turkey at Thanksgiving?
8. What's the most popular way to eat turkey leftovers?
9. What kind of turkey appeals most to small children?
10. Which country consumes the most turkey?
11. What was the first meal astronauts ate on the moon?
12. Does eating turkey make you sleepy?
13. How many turkeys does the United States raise each year?
14. How much does a typical Thanksgiving Day meal cost?
Answers:
1. Abraham Lincoln, in 1863. Although the holiday
originated in 1621, it took more than 200 years to really catch on.
2. 1621. Plymouth governor William Bradford
invited neighboring Indians to join the Pilgrims
for a three-day festival of recreation and
feasting in gratitude for the bounty of the season.
3. Venison, duck, goose, seafood, eels, vegetables, and, of course, turkey.
4. Benjamin Franklin. "I wish the bald eagle had
not been chosen as the representative of our
country!" said Franklin in a letter to his
daughter. "The turkey is a much more respectable
bird, and withal a true original native of America."
5. The National Turkey Federation. For more than
50 years, the NTF has presented the president
with a live turkey and two dressed turkeys in
celebration of Thanksgiving. Harry Truman was the
first president to receive this honor in 1947.
Each year, the president "pardons" the live
turkey, who goes off to a historical farm to live out the rest of its years.
6. 1924. More than a thousand employees took part
in the 5-mile parade, originally called Macy's
Christmas Parade. Today the route is 2.5 miles
long and millions of television viewers watch the
trademark giant balloons march down the street.
7. A survey by the National Turkey Federation
showed that 91 percent of the American people eat
turkey for their Thanksgiving meal.
8. Turkey sandwiches are the number one way
people eat leftovers, followed by soups and
stews, salads, casseroles, and stir-fry.
9. According to the National Turkey Federation,
ground turkey is a hit with kids.
10. Israel. According to the National Turkey
Federation, in 1998 Israel consumed 27.8 pounds
per capita. The United States is in second place,
at 18 pounds per capita, followed by France (14.3
pounds), the United Kingdom (11.5), Canada (9.7),
Belgium-Luxembourg (7.5), and the Netherlands (3.9).
11. When Neil Armstrong and Buzz Aldrin sat down
to eat their first meal on the moon, their foil
food packets contained roasted turkey with all the trimmings.
12. Not on its own. Recent studies suggest that
carbohydrate-rich meals may cause sleepiness by
increasing the amount of tryptophan in the brain.
So the unusually large, multi-course,
carbohydrate-rich meal that most people eat on
Thanksgiving is more likely the reason they feel sleepy afterward.
13. Turkey farmers raise about 300 million
turkeys each year in the United States, according
to the National Turkey Federation. In 1998, North
Carolina was the top turkey-producing state in
the country, followed by Minnesota, Arkansas, and Virginia.
14. A traditional Thanksgiving meal for 10 people
costs $35.68, according to 2004 data from the
American Farm Bureau. Their menu includes turkey,
stuffing, sweet potatoes, peas, rolls with
butter, cranberries, a relish dish, pumpkin pie
with whipped cream, and coffee or milk.
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[4] Check 21 added to Web-Based A/R System
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Inovium Corp. today announced the release of a
Check 21-compatible enhancement to its business
solution - Inovium Electronic Funds(sm) - which
automates the accounts receivable departments of
small to midsize businesses, and simplifies the
transition from paper-based invoicing and payment
processes to electronic funds, with full management and control.
This remotely hosted application from Inovium
offers businesses the opportunity to reduce their
costs of billing and collection by 60-75% as
compared to traditional methods. The system also
accelerates incoming cash flow, minimizes human
errors and creates happier customers.
The Check Clearing for the 21st Century Act
(Check 21 Act) has created significant changes in
the way checks may be processed in the United
States. By coupling Check 21 and electronic funds
transfer technologies, Inovium has created a
comprehensive system that allows businesses to
scan incoming checks via a desktop scanner,
transmit the resulting images to the bank of
their choice, and immediately post to the Inovium
management system for automatic reconciliation
and posting to the accounting application.
Businesses can now make deposits online and save
the daily trip to the bank, as well as have the deposits credited much faster.
We believe that our new system offers a natural
migration path for companies wishing to convert
to an Electronic Invoice Presentment and Payment
(EIPP) environment, by providing them the means
to implement the system without an immediate
impact on their own customers. These customers
may then convert to the online payment system at
their leisure, providing additional benefits to
both themselves and the system user.
Inovium Corp. provides EIPP solutions by means of
software-as-a-service applications, to small and
midsize businesses and nonprofit entities. The
company’s headquarters are located in Las Vegas,
with offices in Orange County, Calif., and in
Europe. To learn more about its products, mission
and management, or for more information about the
Inovium Electronic Funds Web-based accounts
receivable management system, visit the Inovium Web site at www.inovium.com.
Jules Kaplan
Chairman / Founder
Inovium Corporation
702-254-6385
http://www.inovium.com
“A Web-Based Accounts Receivable Management System”
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