Is hosting a gold party a ripoff or a scam?

Like every other product in business, it all depends on what company
you deal with…wherever there’s a market for people to be scammed in, you will
surely find someone who starts a company to scam you.

So with that said…is a gold party a ripoff..NOT AT ALL!

Here’s how a gold party is designed…
1. Someone host the party at their house, business, etc.
2. The host invites their friends and family members to come to the party
3. The host asks their guests to bring their old and unwanted gold and jewelry
4. Company representatives (from a gold buying company) will test the purity of the gold
and weigh the gold
5. Company representatives will pay your guests cash for the value of their gold
6. Company representatives should pay you a percentage of all the sales for the party

Compare this to your typical tupperware, mary k or jewelry party where you invite guests
over and asks them to buy something and the host receives a certain amount of discounts on
the products based on how much stuff your guests bought…not cash in hand

With a gold party, you are not asking for money…you are putting money in your friends
and family member’s pockets and getting a nice pile of cash in your pocket as well.

What to look for when searching for a company to host a gold party with…
1. Make sure the company is up front with the prices they will pay your guests
2. Make sure the company is up front with the percentage they are putting back in
your pocket…this number should be around 10%-15%…anything below this is cheap..keep looking!
3. Make sure the company knows how to test gold…a simple jeweler’s glass and a scale
doesn’t work…the company should be using an electronic tester or at the minimum…acid testing.

An average party should bring in $3,000 worth of gold…if the company pays a 15% commission…that’s
$450 in your pocket…that night…just for hosting a party…

But there’s more than one way to make money with a gold party…but only if you’re dealing with the right company…a good company will also pay you a small percentage for referrals from your party…

So let’s say Jane invites Cindy to her gold party…Cindy loves the gold party and wants to host her own…
the company should pay Jane a referral fee for Cindy’s gold party…

OKC Gold Buyers-Oklahoma’s Most Trusted Gold Exchange Company- has this exact model…they pay
the host a 15% commission for hosting the party plus a 5% referral fee…if Cindy’s party brings in $3,000
of gold as well, Jane makes another $150 for the referral!

When searching for companies to host a gold party with…make sure you find one with a similar pay
scale so you have the opportunity to make more money with less effort!

Now that you’ve read this, there should be no reason for you to be involved in a gold party ripoff.
Invite some friends over, have some fun, and dish out the CASH!

Here’s and example of a gold party.

Sell Your Gold In Oklahoma - Oklahoma Gold Buyer

This entry was posted on Saturday, October 31st, 2009 at 3:27 pm and is filed under Gold Party. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.