Monday, January 29, 2007

Wholesale gold jewelry trading guide for entrepreneurs

For those of you who are thinking about selling gold jewelry, it is crucial that you understand fully how to determine the price for gold jewelry. Not only this can help you to tell a good deal from a bad one, it also helps to analyze your competitors and understand the market better before you make any investment.

Gold price
The most important part of wholesale gold jewelry trading is to understand the breakdown of the cost of a piece of gold jewelry. Let‘s say the current good price is $500 per ounce. To calculate the cost of gold for a piece of 14 karat gold jewelry that weighs 3 gram without any stones, we first divide the price per ounce by 31.5, to get the price per gram, which is $15.87. This is the price of pure gold. To convert this to 14K gold, knowing that there are 24 karats in pure gold, we divide $15.87 by 24 and multiply the result by 14. The price per gram for 14k gold is roughly $9.26. Therefore, the total cost of the gold for a 3 gram ring would be $27.78.

Labor Cost
Another major part of the cost for a piece of gold jewelry is the cost for labor, especially for pieces set with precious stones. Gold jewelry generally requires some filing and polishing after it is cast out of the mold. The labor cost can sometime be as high as $2 per gram, depending on the origin of the jewelry and the style. In addition, the cost of setting any stones on a gold jewelry can be over one dollar per stone. Certain advanced setting such as channel set and invisible set cost even more because of the high level of craftsmanship required.

Markup of Competitors
A good way to analyze if a certain style of gold jewelry is profitable and beneficial for a business is to understand your competitors’ prices. Since you already know how to calculate roughly the cost of a piece of jewelry, and therefore the price that you can get it, buy looking at the markups of your competitors, you may get an idea of how severe the competition is. For instance, if the competitors are marking up the jewelry three times of the cost, the competitiveness of that style is not really that high. On the other, if everyone has the same pricing and the markup is 50% above the cost, the style might have already saturated the market.

Volume Trading
Another angle of looking at the pricing issue is that when the competitors are marking up at a low margin, the item is probably accepted by a lot of consumers. The justification behind it is that when the profit per piece is low, and people are trading them actively, there probably is a high demand for it. On short, the higher the profit margin, the low the volume of sales and the low the profit margin, the higher could be the volume of sales. Another point that is worth noting is that the volume theory also applies to jewelry vendors. If you buy in large quantity, pricing should go down automatically. Therefore, running a successfully business involves getting the balance between all the factors within the resources and infrastructure you have such as employees and capital.

Closeout Jewelry
Since jewelry business is highly time-sensitive, styles that were once popular several months ago may not sell at all couple months later. Therefore, when buying gold jewelry wholesale, you should estimate the monthly sales and stock according to the sale volume. For example, you may want to stock a certain style for two months worth of stock and restock it when it runs out in order to minimize the closeout items in the inventory, which is sometimes referred to as inventory shrinkage.

By understanding the market and your competitors before buy wholesale gold jewelry, you can reduce the mistakes during your entrepreneurial endeavor, thus increase the chance of succeeding tremendously.

Scott Murff got his MBA from MIT business school and currently is the marketing manager in 14K gold earrings that specializes in wholesale gold jewelry including gold and cubic zirconia body jewelry.

Amazines.com

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Wednesday, January 24, 2007

Finding a Quality Music Sharing Program

My friends and I use a Mac computer for music sharing and we have come to rely on an application called Acquisition. This user-friendly music sharing program is exclusive to the Macintosh platform. You can download and upload concurrently with this great program. It also provides helpful ratings to ensure that you are sharing with a reliable peer.

This amazing music sharing program is also highly compatible with ITunes. By collaborating between Acquisition and ITunes, we have been able to organize and play hours of music for parties. I am always amazed with the combined technology of these two programs. They are so easy to use, that even kids have learned how to search and locate music of their choice.

We also have come to depend on Azureus which is useful for locating a particularly elusive music file. However, Azureus is more than just a music sharing program because it allows you to share all sorts of files. However, Acquisition is still our first choice as a music sharing program, even if Azureus can allow us to access more obscure titles. This is because Acquisition is user friendly and has quicker upload and download times. Minimal steps are also required to acquire music files with this program.

The thing I like about this music sharing program is that I can use it for an extended period of time for free. However, you have to suffer from the occasional pesky nag messages. Anyway, they do little to interfere with the overall process, and is a small annoyance when you consider that advantages you can get from using Acquisition.

Almost all the files have been pre-verified with this music sharing program, so you will often be able to acquire the actual title you have selected. Working on a Mac computer also means that there is little chance of getting an infected file. This is because most viruses are created to attack PC computers. Macs are not plagued with viruses because they are not popular. However, you have to keep in mind that sharing of music files is a grey area. This means that there is a lot of controversy over where to draw the line when it comes to copyright infringements. Only download the music files that you actually own the rights to if you want to err on the side of caution. This means that you may only get an MP3 version of a song, rather than a CD version.
About the Author:

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning Music Sharing Program. Visit our site for more helpful information about Music Sharing Program and other similar topics.
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Sunday, January 21, 2007

Shopping for Cashback Credit Cards - A Short Guide

Deciding on what credits cards to apply for can be an intimidating process for many consumers. Cashback credit cards always sound enticing--who wouldn’t like to get a check back at the end of the year based on the amount of purchases they made during the year? That seems like free money. Of course, one of the principle tenets of business is that there is no free lunch.

Those who choose to use cashback credit cards should be aware that there are likely to be added costs that help the issuing bank recoup the money paid to the consumer in cash payments. However, the terms used by cashback cards can vary widely, and those who understand exactly how the rewards programs work can structure their use of the card to take maximum advantage of the cashback credit card’s account structure.

The earliest cashback credit cards used a very simple flat percentage method of calculating cash back rewards. These programs typically specified a small percentage (normally one percent or smaller) of the total amount of purchases made on the card that would be returned to the consumer in the form of either a cash payment or a balance credit. However, many of these flat rate programs have changed to become based on tier based approach.

This means that those who charge only a small amount on their cashback credit cards receive only a small percentage of their purchases back as cash, whereas large spenders receive a higher percentage of their balance back. This has several advantages for banks that issue cashback credit cards. In the first place, it lets them trumpet the generous amount of money that they return (stating only in the fine print that the rewards level varies with usage). Second, it encourages users to use their card more, and therefore pay more interest fees, if they want to get a higher percentage of their purchases back as cash by charging enough to move up to the next tier.

Cashback credit cards also have different methods of dispersing cash back rewards. Some of them will automatically cut the consumer a check at certain times of the year, whereas others will automatically apply the cash back reward to the outstanding balance. Some cashback credit cards require consumers to specifically request their cash back rewards. It is important for all consumers to fully understand how their cashback credit cards work and what they have to do to receive their rewards.

About the Author:
Morgan Hamilton offers expert advice and great tips regarding all aspects concerning the Best Cashback Credit Cards, including assistance with the Discover Platinum Card. Get the information you are seeking now by visiting find-cards-now.com.

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Tuesday, January 16, 2007

Samsung D900 and Samsung E900 Two Brilliant Samsung Mobile Phones

Samsung’s products exude a class of their own with their exemplary style and innovative technologies. Samsung now brings two world-class gadgets: Samsung D900 and Samsung E900. An amazing gadget, the Samsung D900 features incredibly slim looks and smashing features. One of the slimmest handsets in the world, the Samsung D900 measures only 13mm.

An absolute stunner, the Samsung D900 is a classy handset with a reflective magnesium surface and smooth contours. The Samsung D900 offers you high-quality digital imaging with a 3 megapixel camera, auto-focus and a macro function. Rediscover the joy of multimedia with an MPEG4 video player, an MP3 player and 3D sound technology. Enjoy your videos on TV via a TV-output feature or simply watch them on the handset itself on the 240x320 pixels QVGA display. The Samsung D900 also offers you other superb features like Pictbridge mobile printing, an MS office document viewer and a file explorer.

Next in the fray from Samsung is the absolutely amazing Samsung E900. This stunning product packs stunning slider looks in a splendid design. The Samsung E900 has attractive touch-sensitive keys which only light up when used and then fade afterwards. The Samsung E900 features a swish feature array consisting of EDGE, an XHTML browser, WAP, Bluetooth and a Triband GSM. Shoot the special moments of life through the lens of an in-built 2 megapixel camera in the Samsung E900. Make amazing videos with an MPEG4 video recorder and store them in the 80 MB memory.

Send beautiful text messages to friends and family via SMS and a brilliant T9 predictive text input feature. Incorporating advanced connectivity features like MMS and an Email client, Samsung E900 helps you stay connected with the rest of the world wherever you are. Go for these splendid Samsung mobile phones and get a taste of the new-age technology.

If you want to know more about Samsung D900, Samsung E900 Pink, Samsung E900 please free to visit: Mobile Phones.

Article Source : www.amazines.com

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Wednesday, January 10, 2007

Safety - Online Shopping Tips

Shopping on the internet offers numerous benefits that you won't find shopping in a store or by mail. There are no lines to wait in, no automobile traffic, no conflicts with salespeople, and the most liked benefit is that many times consumers can purchase online without sales tax. However, there are some things that the consumer should be aware of because the internet does have its hidden dangers. I've listed the 5 most important tips that should be followed by anyone wishing to "Shop Online".

1. Use a secure internet connection. Before making a purchase, make sure that the website owner has icons indicating that it has software programs and security in place.

2. Use a credit card for payment. By using a credit card, you the purchaser are protected by the Fair Credit Billing Act which will allow you to dispute any charges that your are unfamiliar with.

3. Do a search for reviews of the vendor by people that have previously done business with the company. Keep in mind that most people don't leave reviews unless they have an unpleasant experience, but it will give you some general idea of the reliability of the seller.

4. Print a copy of your purchase confirmation sheet. The time you fail to get a printout of your confirmation is the time that you won't receive the email confirmation whether it be for entering a bad email address or whatever reason. Always keep this confirmation until the product arrives.

5. Inspect the merchandise upon receipt. Compare the item to what you ordered. If it took days to weeks to receive your purchase, refer back to the confirmation sheet. It is usually a good source to the original description of the item.

If you follow these steps, you will reduce the possibility of having a BAD shopping experience on the internet. Happy Shopping!

Author: William Hall http://www.outlet-stores-online.com

Related Articles - online shopping, shopping tips, outlet stores online,

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Monday, January 8, 2007

Guide Of Air Compressor Purchasing

An air compressor is a valuable piece of equipment for operating power tools. They are better in terms of efficiency and are easier on you. The type you need depends on the tools you will be using. Good choices include a Copeland compressor, Husky air compressors or Quincy compressors.

Factors to Consider in an Air Compressor.
Consider how often you will use air compressors and how it will be used. What tools will you be using and how much power will be needed to operate them? Some tools, like nail guns, don?t need high volume compressor. Others, such as drills or sanders do need high volume because they require steady air flow.

Set a budget for your purchase. The price for these machines varies significantly from brand to brand. Buying a used compressor is one way to make your budget stretch further. The style of the pump is another consideration. The most common are direct drive and belt drive. Direct drive pumps will last up to five hundred hours. These take up less room in your workshop. They are well suited for moderate uses. Another benefit of these is that no oil changes are needed. Belt drive pumps require oil changes every five hundred hours and will last for about fifteen hundred hours. These are good for do it yourself as well as professional use.

Consider the power of the compressor. Consider both the horsepower and pound per square inch (PSI) pressure. Make sure it is more powerful than the most powerful tool you will be using. Check your tools before purchasing the compressor.The tank size is another important consideration. These come in sizes from two to one hundred gallons. The more you will use the equipment, the larger the tank you will need. Always go a little larger than you think you will need. This will ensure that you can get the optimum use from the compressor.

Finding an Affordable Air Compressor.
Shop around before purchasing air compressor systems. Compare brands and read reviews on the internet. Compare the machines and features of each. Similar machines can differ by hundreds of dollars. Consider a reconditioned machine. In these, the machines have been completely inspected. Worn or damaged air compressor parts are replaced. Many of these have gotten very little use and are in nearly new condition. You can find equipment at a considerable savings. Look for a model with a one year warranty to be sure you are getting a quality product.

Consider shopping online. Often, the prices are considerably less than in some stores. Many ship straight from the factory, saving retail mark up. This savings can be significant. In many cases, you won?t need to pay sales tax on the equipment, which can add up. Many sites offer free shipping on these purchases, so it won?t cost any additional money for shipping.

Author Details,
Clinton Maxwell distributes very often to http://www.inside-woodworking.com a website with resources. The writer is writing on subjects such as air compressor .

Article Source : http://www.freeblogarticles.com

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