Starting & Operating a Home-Based Gold Coin Business (2 of 16 Articles Series)

Starting a gold coin business is easy and lucrative.

Set up an e-shop from home and let Artificial Intelligence (AI) sells gold coins for you. Customers love buying gold coins at competitive prices – it’s an excellent way to get rich slowly but surely.

Gold coins are one of the most interesting commodities and money in the world. Each country has a different design for gold coins, and each country has a different monetary value / legal tender for gold coins.

People buy gold coins for their intrinsic value and for their collectible nature let alone for trading. There are many ways to use gold coins and one difference between gold coins and bitcoin is that it is much easier to buy gold coins with bitcoin than buying bitcoin with gold coins.?

It’s important to advertise your business when starting a gold coin business. Gold coin e-shops are easy to find online via search engines especially when considering AI. Customers always look online before buying gold coins from a seller. This is an excellent way to build your customer base early on! Always ensure your website is accessible by search engines and has good SEO before advertising it. This will ensure you’re easily found by potential customers when looking for a gold coin seller.

Make sure your gold coins e-store is successful before trying to make any money off it. You’ll need to set up an e-shop aiming to draw high-traffic, so people know you exist when they’re looking for a gold coin.

Regular – repetitive customers bring in new customers by a word-of-mouth, which leads to high profits and financial freedom!

Building a strong presence online may require creating social media accounts. Consider creating a blog to further your reach. Start posting content related to the gold coin business, including tips and advice for customers, testimonials from current customers, and updates about your business. These posts can help draw people to your website and will help you establish yourself as an authority in the field.

Additionally, you should regularly engage with customers on your social media accounts to build relationships and create loyalty. By doing this, you can quickly build a community around your business and increase sales.

However, gold coins business is an investment like any other investment has no guarantee however over the last 40 plus years return on investment has done better than many returns on investments especially when considering gold as an insurance that could make up for other loses such as FOREX, money markets or the stock market. For example, Bank of International Settlements (BIS) was able to compensate $650 million of loses due to Covid-19 with 10% reserve of gold accounted of total assets.

?As always, it is important to consult with a financial advisor before investing to ensure you make the best decision for your situation.?

"Coins of Glory" offers a feasibility study with actual income statements projecting 35% and 15% profit margins business models.

Motaz AlBashitie