It does not matter what business you are in, whether you are a small retailer, importer, exporter or manufacturer will always benefit from the support and services a Trade Association. Simply find in every field of commerce and industry in each country you will find regional, national and international trade organizations. It is estimated that there are more than 90,000 organizations all over the world.
By looking at the figures, you can see their popularity, but what are Interbranch and why are they so important?
In this article you will find information about organizations and their role in the modern business world learning
first let’s explain what they are :.
a Trade Association is a membership organization funded by facilitating a group of people or companies in a specific industry cooperation between companies. They defend the interests of their members by advertising, production standards for the industry, lobbying, publishing magazines or newsletters, producing exhibitions and conferences, networking, finding new customers or potential suppliers for member businesses by organizing trips and meetings and last but not least education by offering educational materials and courses. Industry associations are governed by statutes and run by officers who mostly belong.
Now let’s talk about the history of the Trade Associations and revising their evolution throughout history.
First Society, the Academia Secretorum Naples was born in 1560 into the next century other societies throughout Europe in London, Paris and Italy.
in the 16th century, the first associations UK are born by Name Guild, protect interests of traders and craftsmen. The famous Royal Society of London, founded in 1662, is one of the examples. She rules on wages and working hours, and they also offered education by training skills. In 1800, Guilds were in close cooperation with local authorities.
The first Association, which was founded remains in existence in 1768 with 20 dealers in New York and they called the Chamber of Commerce of the State of New York. Another example is American Seed Trade Association, which was founded in 1883. After this time, more regional associations emerged in the country, but most of them were local associations. After the civil war and the enormous expansion of the industrial capacity of the country, many local and national associations were formed, so that new markets manufacturers could find their businesses and expand. By 1900, nearly 100 national and state organizations were active in the United States to ensure market competitiveness.
Although the Interbranch services have been helping companies to remain competitive in the market, with a growing demand for products, they soon decided to take advantage of the situation and use it to create monopolies and price fixing. This issue changed to do with the introduction of the antitrust laws and the decision of the US Supreme Court, in exchange for the disclosure of pricing information.
World Wars I and II drastic increase in the number of associations and they were a valuable source of providing industry statistics to the government.
Today Interbranch continue their essential role as an intermediary between government and business and also helping companies to expand to keep finding new markets, while improving product quality ‘through setting standards and educating people.