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Use the Split Test: If you want to get better results from your efforts to get more subscribers, one basic rule it to do a split test.


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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 Cheap Alex Iwobi Jersey , 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 Cheap Ainsley Maitland-Niles Jersey , 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 Cheap Aaron Ramsey Jersey , 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 Wholesale Arsenal Jerseys , 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 Wholesale Arsenal FC Jerseys , 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 Cheap Arsenal Jerseys , 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, p. Cheap Jerseys Free Shipping Cheap NBA Jerseys China Wholesale Jerseys Cheap College Jerseys From China Cheap NHL Jerseys Free Shipping Cheap NFL Sports Jerseys Cheap Replica MLB Jerseys Cheap College Hockey Jerseys Cheap Custom Soccer Jerseys Wholesale Jerseys From China