Tag: Gold

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MarketOrders News

How MarketOrders is using a three-pronged strategy approach to centralise the gold jewellery industry

 
In the previous post, we touched upon how MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In this post, we deep dive into each of these approaches and show why the gold industry needs to adopt a centralised platform.

 
The first strategy as an entry point is to create a centralized platform for the entire Gold Jewellery Industry This will allow retailers visibility and to conduct trade securely. These include discovering new jewellery designs and managing their common audit trail between counterparties on a single platform. In the first instance, MarketOrders platform allows retailers and manufacturers to buy and sell gold jewellery and grow their business.

 
Gold jewellery retailers and manufacturers do not have resources such as expertise and capabilities to digitize their retail shop offerings. This is why its essential to have a digital marketplace. Once retailers get used to trading online, MarketOrders platform can expand quickly to emerging countries and expand the gold jewellery business growth digitally. Global buy, Local sales.

 

 

photo credit: https://pixabay.com/en/handshake-hands-laptop-monitor-3382503/

 

The Second pronged strategy of MarketOrders is by creating Unique IP as a value-adding component of the platform. This includes our unique ‘On Demand Order Aggregator’ system via our smart router system and data-driven supply and demand scoring system.

 
This IP will serve as a unique and inimitable differentiator. As the density of the platform increases, developers can create more attractive IP for MarketOrders platform, which will create higher demand and leads to a greater usage of the platform. This will create a virtuous circle.

 
The third pronged strategy is by MarketOrders providing centralization and concentrated digitize commerce for the Gold jewellery industry. It also can leverage its position to allay fears among traders on the platform.

MarketOrders is a non-manufacturer and non-retailer to allay competitive fears among traders who are using MarketOrders Platform.

 
All these three strategies establish  MarketOrders platform as the dominant standard to digitize Gold Jewellery commerce.

 

 

 Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

How the gold jewellery industry can adopt a centralised platform strategy

 
The gold jewellery industry is a very ancient industry. It is as old as civilisation itself and its one of the few industries which haven’t been revolutionised by the use of technology…until now that is!

 
MarketOrders is on a mission to bring unity and centralisation to this fragmented industry.  And for the gold industry to become digital, they must first be bought into centralisation.

 
To understand this better, let us consider planes and passengers. For example, when there is no airport, just imagine the scenario. Planes land in any available space to land the aircraft and board the passenger and head back to the destination.

 
Now, this situation would cause havoc in the aviation industry. The passenger has to go to any landing space of aircraft NOT knowing which destination the plane will head back to. And this happens because there is no visibility of demand and supply.

 

photo credit:  https://pixabay.com/en/aircraft-landing-reach-injection-513641/

 

Now, apply this scenario of an airport or hub to that of a centralised platform. You now have total visibility of what planes are available and how many passengers want to take a flight. The passengers will have visibility of which aircraft are at which terminals. They will know what time the planes will leave and which destinations they are heading in.

 
The airport concept serves as a centralised mechanism, not just as a centralised infrastructure connecting passengers, planes and destinations but also providing retail offerings such as shops, restaurants and shopping mall experiences.

 
MarketOrders can leverage a similar system by providing a centralised hub for the gold jewellery industry. This would enable multiple participants such as manufacturers and retailers to collaborate in many ways.

 
As an initial adoption of strategy in building the first ever concentrated market via centralization, MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In the next blog post, we take a deep dive into this unique approach.

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Why the gold jewellery industry must adopt a platform strategy

 

The gold jewellery industry is a very ancient industry. It is as old as civilisation itself when early humans would gift gold and adorn it on their bodies. From day one it has had a cultural and personal significance. And thousands of years later, it still remains an untapped and fragmented market where technology has yet to make it smark on this industry worth $175 billion dollar industry.

 

photo credit: https://pixabay.com/en/sculpture-museum-perth-gold-digger-1104196/

 
Today, this industry still operates in a highly fragmented and scattered manner. As a result, the industry must re-invent itself as a hub suited for the digital world.

 

Today in digitally dominated economies, marketplaces offer customers the opportunity to connect with one another. The Gold Jewelry industry must adopt this approach of a centralized marketplace. In a way, the marketplace is the most ancient way of trading goods. And this is also where the digital age has gravitated towards – a marketplace that is truly global in scale with thanks to technology.

 

A digitised centralised platform will act as a key advantage for sellers and buyers by allowing them to connect through a digitally initiated platform.

 

Today, digital technologies are changing the nature of globalization. The digital economy is driven by the rapid growth of a digital transformation and it’s happening at a breakneck speed.

 

photo credit: https://pixabay.com/en/bitcoin-money-virtual-market-3137984/

 

The MarketOrders platform will be an engine of innovation for gold jewellery retailers specifically and retailers in general SME’s as it will allow them to participate in international trade without the need to invest in their own technology-driven supply chain.

 

In the changing landscape, gold jewellery retailers and the entire industry needs to re-imagine and re-invent its position in centralised platforms and leverage its current strength in physical gold trade retailing to create a new digital trade.

 

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Why the Gold industry needs to wake up to the reality of blockchain technology

 
I walked into the newsagent to get some water and nibbles as I was driving a long way to visit one of my customers on the outskirts of London. It should have been an uneventful occurrence to grab a bottle of water when my eyes darted to what I thought was an ATM machine. But this was no ordinary ATM.

 

It said ‘BITCOIN ATM Machine’

 

 

 

I instantly looked at the shop owner and he smiled back and said,’ I know what your thinking’ as if he had read my mind!

 

I am a passionate advocate for blockchain technology and recently qualified as an IBM Foundation Blockchain Developer to quench my growing thirst for how this technology suddenly became more mainstream and the ways in which it is already disrupting traditional industries. (see my last post where my co-founder Sukhi Jutla, became the works, first author, to have a book published on the blockchain.

http://s752989504.websitehome.co.uk/get-women-fintech-interview-marketorders-coo-co-founder-sukhi-jutla/

 

I continued to look at the Bitcoin ATM machine as I had heard about their existence but till now thought it was the myth. I didn’t realize people were using cryptocurrency to pay for their water bottles already!

 

Though blockchain tech is relatively new (it’s under a decade old), I am a newcomer to this industry but it’s changing so fast already. I have recently begun to get really inspired and excited about the way this technology can bring about huge changes especially in making things move more efficiently. In the gold industry, this means more transparency in the supply chain process as well as in confirming the origin of products.

 

So thought I was surprised to see my first Bitcoin vending machine, it certainly won’t be the last time I will see it. Perhaps next time, I may even pay for my bottle of water with a cryptocurrency!
 

 Written by CEO & Founder, Ram Krishnna Rao
 

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MarketOrders News

How Marketorders is Enabling The Future Of Independent Retailers through Centralisation on a Global Scale

 

MarketOrders is a marketplace-connecting retailers to manufacturers. We call this a Business-For-Business concept (B4B).

 

What makes this approach different from traditional Business-To-Business (B2B) is that retailers are at the heart of key decisions on the MarketOrders platform.

 

Volume buyers are no longer the only ones with purchasing power. We champion the smaller retailers by helping them to get access to the manufacturers and products they need at the best possible price.

 

Our platform has been created on a secure base layer featuring On-Demand, Order-Aggregation processes.

 

Multiple orders from various different retailers are pulled together via our Smart Router mechanism. This becomes the primary source of business value as physical processes are turned into real-time data flow amongst a network of retailers and manufacturers. This allows the business owners to achieve economies of scale.

 

Why should retailers use the MarketOrders Platform?

Here are a few reasons as to why we believe retailers would benefit from using our platform that has been designed with the retailers specifically in mind.

 

  1. No central point of failure.
  2. Support global scaling.
  3. Lowering cost and enhancing quality.
  4. Increase communications and sharing best practice.
  5. Brings transparency on price, purity and supply chain.
  6. Business practice becomes faster, relevant and cost effective.

 

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photo credit: https://pixabay.com/en/earth-globe-future-forward-golden-422758/

 

How does the MarketOrders platform work?

 

MarketOrders aims to be a single, unified and centralised platform creating the ultimate marketplace for the gold jewellery trade industry.

 

The aim of the marketplace is to consolidate the entire supply chain vertically from back-end production to front-end consumption across a network of retailers and manufacturers around the globe.

 

This allows the ‘middleman’ to be cut away from the process bringing greater efficiencies to the supply chain.

 

 

MarketOrders not only empowers the independent retailers (SME’s) but also makes it possible for them to be in.

 

MarketOrders is ushering in a digital revolution for traditional brick and mortar jewellery shops. This will allow them to face other digital challenges such as online jewellery shops and be better able to compete with the rise of the experience economy.

 

This article was written by Ram Krishnna Rao, CEO MarkerOrders

 

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MarketOrders News

PLAIN GOLD MEN’S RINGS

Plain and simple, elegant and shiny 22ct Yellow Gold Men’s Rings presented on our site are just a sample of  wide rang of Men’s Rings / Men’s gold jewellery products that are available on our revolutionary B4B online platform.22ct Yellow Gold Plain Men’s Ring 04

We are proud and confident in delivering best quality products, at best possible price and time, safe and secure.

  22ct Yellow Gold Plain Men’s Ring 03

We are connecting and empowering SMEs and manufacturers worldwide what gives us unlimited possibility in styles / designs of all sorts of Gold Jewellery products that we can deliver right to your shop in UK.

22ct Yellow Gold Plain Men's Ring 01

Let us know if you are looking for something in particular and we will be happy to help you find it.

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MarketOrders News

Initial Gold Pendant – beautiful, personal gift idea.

Initial Pendants are great gift idea. Personal, meaningful and pretty, shinny present.

22ct Yellow Gold Initial Pendant – Star Shape 01

Original meaning blended with unlimited variety of shapes gives amazing effect of remembered souvenir.

22ct Yellow Gold Initial Pendant – Heart Shape 01

At MarketOrders.net we are connecting retailers and manufacturers around the world. Our target is to help you find products that you and your clients are interested in. Please let us know what you are looking for and we will e happy to help you find it at best possible price and time through our secure system.

22ct Yellow Gold Initial Pendants – Mixed Shapes Bundle 01

 

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MarketOrders News

Fancy Gold Pendants / various shapes.

Did you like our small Heart Shape Gold Pendants, presented last week?

22ct Yellow Gold Ladies Pendant – Fancy Design 06

If  you did I am pretty sure that you will also like beautiful floral shapes,

22ct Yellow Gold Ladies Pendant – Fancy Design 04

Various geometrical; round, oval, square shapes,

22ct Yellow Gold Ladies Pendant – Fancy Design / Round Shape 02

Or symbolic and meaningful designs,

22ct Yellow Gold Pendant – 21st Birthday Key Shape 07

Available on our revolutionary B4B, gold jewellery Online platform dedicated to help and connect SMEs/Retailers of gold jewellery business with manufacturers worldwide.

Check our stock of Fancy Pendants today or let us know what are you looking for and we will be happy to help you.

 

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MarketOrders News

Small and elegant – 22 carat Yellow Gold Heart Shape Pendants

If you follow our blog posts, you must have seen some of our 22 carat Yellow Gold Heart Shape Pendants, (the heavier options).

22ct Yellow Gold Ladies Pendant – Fancy Design / Heart Shape 08

This time we would like to share with you some of the smaller and lighter products representing this same category.

22ct Yellow Gold Ladies Pendant – Fancy Design / Heart Shape 06

You can find them all together in Fancy Pendant category.

22ct Yellow Gold Ladies Pendant – Fancy Design / Heart Shape 07

Available as single bulk order or mixed bundles.

22ct Yellow Gold Ladies Pendant – Fancy Design / Heart Shape 11

As always if there is any similar product that you are interested in and you cannot currently find it on our platform our customer service team will do their best to help you find it.

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MarketOrders News

22ct Yellow Gold Earrings – Jhumka Style With CZ Stones

Did you like our Gold Stud Earrings with CZ Stones presented last week?

22ct Yellow Gold Earrings – Jhumka Style With CZ Stones 05

If you did you might also like our Hanging Jhumka Style positions.

22ct Yellow Gold Earrings – Jhumka Style With CZ Stones 19

Various shapes, sizes and CZ Stone colours makes all of them interesting.

22ct Yellow Gold Earrings – Jhumka Style With CZ Stones 28

As always we are open to hear your opinions and suggestions.
Let us know if you are interested in some similar types of earrings that currently do not appear on our platform.
We will be happy to help you.

22ct Yellow Gold Earrings - Jhumka Style with CZ Stones Bundle 01