NEWS, ARTICLES & WHITE PAPERS
 NEWS

Minimum Advertised Pricing Policies

"Evening the Playing Field Between Brick-and-Mortar and Online Retailers"


THE CREDIT COLLECTIVE REBRANDS TO “THE CREDITORS NETWORK”

"The Credit Collective Rebrands to The Creditors Network"


Out of the Toy Box - Richard Gottlieb Blog - "Tribes of Toy Nation: The Credit Reporting Services"

"This is an important two-part interview with Ron Solomon of the Credit Collective that everyone should read. It is filled with information that you will find vital in protecting your business and understanding your industry."


WHAT RETAILERS SHOULD DO IF THEY CANNOT PAY VENDORS WITHIN TERMS

"Helpful advise to retailers"


CHILDREN’S PRODUCTS SUPPLIERS ADAPT TO SLOWER PAYING RETAILERS

"Debtors cracking down on late-paying retailers"


WHY VENDORS REQUEST CREDIT SHEETS

"Good information gets great terms"


Shortcomings in Credit Rating Agencies

"SEC Examinations Find Shortcomings in Credit Rating Agencies' Practices and Disclosure to Investors"


Collection Trends

"The Shirnking Dollar"


2006 COLLECTABILITY SURVEY

" (Year 2006 Collection Results) "


PLAYTHINGS Magazine

"Learning Express puts owners on notice"


EDPLAY Magazine

"Giving Credit Where Credit Is Due"


PLAYTHINGS Magazine

"Credit Collective shares info to manage risk"


 ARTICLES


NEW INVESTORS IN MAPP TRAP MEANS AN INVESTMENT IN PROTECTION FOR PREMIUM BRANDS

THE CREDITORS NETWORK RECEIVES FUNDING TO DEFEND AGAINST MINIMUM ADVERTISED PRICE VIOLATIONS"


THE CREDITORS NETWORK LAUNCHES “MAPP TRAP” PROPRIETARY SEARCH ENGINE

THE CREDITORS NETWORK LAUNCHES “MAPP TRAP” PROPRIETARY SEARCH ENGINE"


THE CREDIT COLLECTIVE REBRANDS TO “THE CREDITORS NETWORK”

The Credit Collective Rebrands to The Creditors Network"


PRESS RELEASE

THE CREDIT COLLECTIVE’S NEW “MAPP ALERT SYSTEM” LEVELS THE VIRTUAL PLAYING FIELD"


PRESS RELEASE

JPMA/CREDIT COLLECTIVE RELATIONSHIP PROVES THAT AFFINITY PARTNERSHIPS REALLY WORK"


PRESS RELEASE

JPMA ENDORSES THE CREDIT COLLECTIVE AS BEING THE BEST WAY TO KEEP ITS MEMBERS GROWING SAFELY"


PRESS RELEASE

BIRDDOG SOLUTIONS & THE CREDIT COLLECTIVE OPTIMIZE MORE THAN JUST FREIGHT "


PRESS RELEASE

“THE CREDIT COLLECTIVE” RECEIVES ENDORSEMENTS FROM KEY INDUSTRY GROUPS"


PRESS RELEASE

Toy Manufacturers’, Credit Collective, LLC, Signs Deal With Prestigious Collection Agency, Charter Adjustments Corporation "


PRESS RELEASE

CANADIAN AND U.S. TOY AND GAME COMPANIES UNITE"


 WHITE PAPERS


HOW TO CREATE A CREDIT POLICY

HOW TO CREATE AN EFFECTIVE CREDIT & COLLECTIONS POLICY "


Effective Collection Procedures

A Guide to Improve Collection Procedures "


WHAT ARE TERMS AND WHY IS IT A GOOD THING?

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Minimum Advertised Pricing Policies
If you’re in the manufacturing/retail world, then you know all about Minimum Advertised Pricing Policies, aka “MAPP.” The standard rationale is that in order to better protect their brands from price erosion, and their brick-and-mortar stores from “free-riding” Internet sellers and dwindling profit margins, manufacturers are creating policies that state the lowest price at which their products may be advertised. Retailers may still sell the product for whatever price they want; they just cannot publish the price if it’s lower than the MAPP. If they do advertise it for a lower price (and get caught), they risk losing the right to sell the manufacturer’s products. [click for more]

THE CREDIT COLLECTIVE REBRANDS TO “THE CREDITORS NETWORK”
The Credit Collective announced that it has rebranded itself as The Creditors Network. A concept that capitalized on the strength of business collectivism, the online information trading system allows companies to directly exchange online credit references, credit alerts, and sales leads. The system has gathered and aggregated financial information on more than 30,000 North American retailers. [click for more]

Out of the Toy Box - Richard Gottlieb Blog - "Tribes of Toy Nation: The Credit Reporting Services"
Getting paid is, by any standard, the keystone to success for any business. Yet, how do we ultimately protect ourselves from providing credit to those who, by failing to pay, can put us out of business? In order to find out I contacted Ron Solomon, President of Swingset Press and a founder of The Credit Collective, an organization that shares information on the credit worthiness of toy, gift and other specialty retailers through peer to peer intelligence.

Interview Part One...
Richard: How badly has the specialty retail industry been hit?
Ron: Not only has it been hit, the specialty industry has been getting pummeled for nearly a decade. But, luckily... [view as PDF]
[click for more]

Interview Part Two...
Richard: How can manufacturers best arm themselves against bad credit?
Ron: Using nearly five years of accumulated knowledge, we have been trying to help manufacturers to view themselves in a different light. For the most part... [view as PDF]
[click for more]

WHAT RETAILERS SHOULD DO IF THEY CANNOT PAY VENDORS WITHIN TERMS
Commercial bankruptcies have increased over 300%, payables are stretching to an average of 60+ days late and expensive safety testing, increased production costs and higher fuel charges are decreasing profit margins. Given this state of the economy it should come as no surprise that vendors are reducing credit limits and stepping up collection efforts. [click for more]

CHILDREN’S PRODUCTS SUPPLIERS ADAPT TO SLOWER PAYING RETAILERS
In recent weeks, it has been reported that the credit manager’s index and consumer confidence are both improving. However, according to a recent survey conducted by The Creditors Network (a large consortium of vendors in the children’s products industries), children’s products retailers are apparently still paying suppliers later than ever. [click for more]

WHY VENDORS REQUEST CREDIT SHEETS
Whether your store or ecommerce website has been in business for five months or 25 years, when you ask a product vendor for payment terms, they will want to check your credit history. This practice is not only legal under the FCRA (Fair Credit Reporting Act) but it is a fair and usual practice. Suppliers must check credit because, for them, granting terms is no different than giving a business loan. Would you expect to get a mortgage without applying for it? [click for more]

Shortcomings in Credit Rating Agencies
The Securities and Exchange Commission today released findings from extensive 10-month examinations of three major credit rating agencies that uncovered significant weaknesses in ratings practices and the need for remedial action by the firms to provide meaningful ratings and the necessary levels of disclosure to investors..... [click for more]

Collection Trends
The Shrinking Dollar: What Happens When There Is a Delay in Collecting Accounts.... [click for more]

2006 COLLECTABILITY SURVEY
(Year 2006 Collection Results) ... [click for more]

PLAYTHINGS Magazine
For Sharon DiMinico, founder and CEO of Learning Express, Specialty toy retailer sets late-paying franchisees straight occasionally taking a few minutes out of her day to call or email certain franchisees to urge them to pay their vendors is a means of protecting the brand. ... [click for more]

EDPLAY Magazine
Five years ago, as the Beanie Baby craze wound down and the economy started to stall, specialty toy manufacturers were getting hit hard by the large number of retailers closing their doors. Who could blame them for being skittish about offering credit when they had gotten burned in the past? How would they even know which retail operations they could trust in the future? ... [click for more]

PLAYTHINGS Magazine
LOS ANGELES—If there’s anything tougher than being a small independent retailer struggling to make ends meet, perhaps it’s being a small vendor waiting to be paid by a small struggling retailer. ... [click for more]
ARTICLES

NEW INVESTORS IN MAPP TRAP MEANS AN INVESTMENT IN PROTECTION FOR PREMIUM BRANDS
MAPP Trap, a sophisticated internet search system that helps companies to monitor and identify price-discounting online sellers, has recently received a sizeable infusion of cash. The investment will be used to enhance the company’s ability to conduct broader and deeper searches of ecommerce sellers, and to…[click for more]


THE CREDITORS NETWORK LAUNCHES “MAPP TRAP” PROPRIETARY SEARCH ENGINE
One of the hallmarks of MAPP Trap is how it identifies unknown or “ghost” sellers. When the search engine finds a violation, it does additional searches to find information strands (merchantDNA®) about the seller(s). That information, no matter how miniscule, gets cross-referenced through The Creditors Network’s massive database in order to discover the vendor’s true identity. Or, to a surprisingly high degree, multiple identities.. [click for more]


THE CREDIT COLLECTIVE REBRANDS TO “THE CREDITORS NETWORK”
Evergreen, CO (June 15, 2012) – Nine years ago, the owners of six toy companies got together outside Nathan’s restaurant in the basement of the Javits Center during the New York International Toy Fair. The topic of their conversation was how to... [click for more]


PRESS RELEASE
The Credit Collective today announced the launch of its newly developed MAPP Alert System. The MAPP Alert System allows members of The Credit Collective’s extensive creditor’s network to notify one another about ecommerce sites that violate minimum advertised pricing policies. The MAPP Alert System will be provided to all "Plus Level" Credit Collective members. [click for more]


PRESS RELEASE
When you think of trade group affinity partnerships, you think of companies that provide services like shipping, payroll and credit card processing. That’s why when The Credit Collective… [click for more]


PRESS RELEASE
Juvenile product makers are very concerned with the development, health and safety of their end users – babies and children...[click for more]


PRESS RELEASE
Andover, MA and Evergreen, CO (February 12, 2008) – The two companies today announced a strategic affiliation in which BirdDog Solutions will provide services to member companies of The Credit Collective. The terms of the agreement between the two privately held companies were not disclosed... [click for more]


PRESS RELEASE
The Credit Collective is moving into 2008 with endorsements from several industry organizations. The National School Supply and Equipment Association (NSSEA), the Game Manufacturers Association (GAMA) and the Canadian Toy Association (CTA) are highly recommending the... [click for more]


PRESS RELEASE
The Credit Collective, LLC, has taken another impressive step in helping its membership base of specialty toy and educational manufacturers to save time, effort and money. Through negotiations on its membership’s behalf, beginning on May 8, all Credit Collective members who submit accounts to the prestigious collection agency, Charter Adjustments Corp., will get a preferred discount rate that is well beneath the industry standard.... [click for more]


PRESS RELEASE
In an effort to increase sales and protect cash flow, Canadian toy and game makers have banded together with their American counterparts. Utilizing the powerful, web-based services of The Creditors Network, Canadian and American companies now exchange hundreds of qualified sales leads and credit references on a daily basis. Because of the unique, peer-to-peer nature of the service, the shared information is industry specific and, therefore extremely effective.... [click for more]


WHITE PAPERS

HOW TO CREATE A CREDIT POLICY
A Credit & Collections Policy should be an organized, repeatable practice or philosophy that a company adopts in order to control the risk it assumes...[click for more]


Effective Collection Procedures
While there are usually established trade practices in every industry, it is sometimes the differences that make customers choose one supplier over another. It is important that your accounts know what your credit policy is to eliminate misunderstandings. Statement of that policy and that payment is overdue, is a first step in facilitating payment. ... [click for more]


WHAT ARE TERMS AND WHY IS IT A GOOD THING?
You’ve conceived or licensed an idea for a great product. You’ve designed, packaged, manufactured and imported that product. Or in the case of retailers, you’ve spent untold amounts of time, sweat and money choosing products. Now it’s time to make back your investment by selling that product to your customers. You spend more money and go to trade shows, advertise in local publications, and purchase catalogs. You demonstrate the products to buyers who write an order! You ask for payment and the buyer says she’ll pay you… in 30 days. She wants credit. Hold on a minute. You had to pay for everything as you went so why in the world shouldn’t she? ... [click for more]