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Maipo Corp targets retail gold sale through portal

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MIAMI (Commodity Online): Florida-based gold chain and bracelets maker, Maipo Corp is all set to go online for tapping larger market for retail sales across the US and the world. The company has launched a new web portal, www.maipogold.com.

According to a company statement, the company would emphasize more on the quality part for its products. “We want to inform the people about gold jewelry, we want to get our name out and gain the trust of the American people by offering 14KT plumb merchandise, meaning that if is stamped 14KT the content is 58.3% of gold. We’ve had unfair competition by Manufacturers overseas that stamp 14KT gold and the real contents of the jewel is 12KT - 50% or 13KT - 54.6%,” said the company statement.

Till recently, the company was engaged in the wholesale business, where it sold its merchandises to major cities like Los Angeles, Chicago, Houston, Atlanta, New York and Miami. But with recent launch of the web site, the company aims to tap the retail segment of the consumers across the country and the world.



Products available will be pendant chains, classic Italian link chains, necklaces, women and gentlemen bracelets, anklets, etc. Chains are available in 16”-18”-20”-22” and 24”, while bracelets comes in 6”, 6.5”, 7”, 7.5” ,8”, 8.5”, 9”.Custom made lengths like 30” for example are available by calling. White gold is also available for sale on the portal.

The company is offering free second day shipping in all purchases everywhere in the country. “Our mission with this website is to offer high quality gold merchandise to our customers, teaching them about gold. We also advise in gold investments and if you have small or large quantities of gold, we can purchase it and refine it for our customers,” the company release said.
NCDEX CHANAJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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