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How big is the profit of opening a gold shop? In fact, high profits require high investment.
Everyone wants to know whether the profit of this business is high before doing it. So, as a popular project pursued by many entrepreneurs, is the profit of gold shops high? This article will talk to you.

With the improvement of economic ability, consumers begin to pursue higher-level material and spiritual cultural products and pay more and more attention to external image. Personalized accessories such as jewelry and gold have naturally become the standard of fashionistas. The high sales of gold jewelry have made many entrepreneurs sprout the idea of opening a gold shop. The purpose of opening a shop is naturally to make money, so how big is the profit of opening a gold shop?

Almost every gold jewelry brand will charge a processing fee, and many counters will also mark the processing fee on the price tag. Each brand has its own practice, some calculate the processing fee according to grams, and some charge it according to the working hours consumed by the product and the loss in the processing process. For example: 8 yuan processing fee is charged per gram; Processing fee 15 yuan/gram; Or charge according to specifications, ranging from 80 yuan/piece to 120 yuan/piece.

There are also service fees earned, such as regular cleaning. It seems that the charge is very low and the washing is very clean, but the jewelry will be washed less and less. I read a news before that a 30-gram necklace was washed into 20 grams by others. Can you not make money?

Finally, businessmen understand that money is unprofitable. The low-end products of gold shops belong to the industry currency. On the surface, the price of such products is high, but the profit is not high. There is only one kind of people who can make money from such products, and that is unscrupulous profiteers. Gold belongs to the currency of a gold shop. If you want to make money, you still have to count on products such as diamond lottery tickets with good looks and high profit margins.

Based on the above information, in fact, if you buy gold alone, the profit rate of entering the store is very average. Selling gold products can only earn a processing fee or service fee, but the profit rate of diamonds and other jewelry is very high, especially lottery gold, which can reach 50% to 60%. However, the investment in gold shops is also very high, and it takes millions to get started. I hope this article can help you!