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Marketing Strategies Discussion Forum Discuss your marketing ideas, concepts and strategies here. What's working? What isn't?

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Old 10-20-2005, 12:39 PM
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Default Advice ref SilverSmith site

Hi everyone

I am currently working with a company that are looking to sell silversmith tools/materials etc online.

As the rate of silver changes according to the market on a daily basis, they would like a type of conversion on their website so that when a customer needs a certain size and weight of silver, it estimates using the daily rate how much this will cost.

Does anyone know is such a program that takes the daily rate as it changes and converts it that is available for use? Or any alternative means of obtaining and calculating the said information.

I really appreciate any advice given. :-)

Thanking you in advance,
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Old 10-21-2005, 02:31 PM
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Please, please could some1 help me? :-)
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Old 10-21-2005, 11:20 PM
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Since you say the market price changes daily, I am wondering what the lag time in shipping will do to the cost. For example, if you take an order on Friday, but don't ship until the following Tuesday, and the price changed, how would you adjust it?

I don't know how many sales they get on-line, but it may be easiest to just quote the price as "Market Price." Otherwise, I think a PHP program that can parse the data from a site that offers such data and use it as a variable when factoring the price.

Lastly, if you have a shopping cart, you could just log-in daily to manually change a minimum shipping charge or increase the per unit value.
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Old 10-22-2005, 03:40 AM
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Thanx Dr. To answer your question, if the order was taken on Friday, payment would be made online at the time of the order to whatever the going rate is on that day. Like when you buy fuel of any type.

PHP sounds a great option. A heartfelt thank you as this means a lot to me. :-)

Best regards
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Old 10-23-2005, 12:48 PM
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Default Try one of these

http://www.cbot.com/
http://www.thebulliondesk.com/
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Old 10-23-2005, 12:49 PM
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Default Should be one post.

or look at my home page page:
http://multifinanceit.com/page1.htm

Try the following sub pages:
- commodities
- derviatives (if you are interested in futures prices. The price discovery takes place in futures prices),
- realtime

On each page there is additional links on the "Links" option.

This site is great on charts and quotes.
http://www.tfc-charts.w2d.com/
Related
http://www.advfn.com/

In Scandinavia, the Danish Bank, http://www.saxobank.com/

delivers online realtime prices for a lot of financial instruments. But I am not sure of their services on cash commodity prices.

Ideally you shoud get a few lines of Java Script (XML / RSS) code to paste into your site that is done i 5 minutes.
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