Friday, July 9, 2010

Boost Retail Profits

Up to this point we have talked about building a Gold Buying Business from home, but many of our licensees - in fact the fastest growing segment, are retail store owners that ad value to their store buy buying gold, silver and platinum from their customers.

Think about this - in a tight economy people hold off buying because they don't have disposable cash, right?

Remember the last time you found a $20 bill in your pocket?

Most women who are 35 years old or better have over $200.00 worth of old, broken or unwanted jewelry in their jewelry box that they haven't worn for more than a decade and very likely will never wear again.

These customers also want to do business with people that they feel comfortable with.

Here are some other statistics that make this an interesting proposition:

The stand alone stores that we have opened have all followed the same pattern.

It takes 2 weeks of having signs out before the neighborhood starts to notice.

It takes 5 weeks of having signs out before the 'buz' starts in the area and word of mouth starts to build a steady flow of business.

No amount of advertising significantly impacts those numbers.

So - if you are in a relatively high traffic area (25,000 cars a day) you should expect to be buying around 30 to 50 ounces of gold a month within 90 days - as long as you can get eyes on your store!

So Check out these numbers:

If you buy 5 ounces of Gold per month $1,800.00

If you buy 10 ounces of Gold a month $3,600.00

If you buy 20 ounces of Gold a month $7,200.00

If you buy 50 ounces of Gold a month $18,000.00

It can cost as little as $200.00 plus the cost of the gold to get started - a good package with a Legal for Trade Scale and quality diamond and stone tester will run in the $850.00 range. We've assembled various kits at our website as well as a great sharing section that is filled with and constantly updated with new ads, fliers, marketing ideas, etc. that our members may use at no charge.
 
http://www.thegoldbuyernetwork.com/ will get you there.

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