How can we encourage local businesses to accept BTC? - page 21.

BarbieCasino

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Quote from: honeyb0y on October 11, 2017, 04:15:19 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

Advantage that they can have is BTC is not taxable. or would government interfere with this kind of trade?

The governments of the country are accepting the bitcoin and the flexibility of the bitcoin is the positive thing about the bitcoin, more people are using the bitcoin of the high income. The people who are having the bitcoin know the value of the bitcoin price. The users of the bitcoin are increasing more and more. The government is going to accept the bitcoin for the cost of the high price and the profit will be more than 50%.

honeyb0y

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Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

Advantage that they can have is BTC is not taxable. or would government interfere with this kind of trade?

GregH37

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Quote from: ajqjjj on October 09, 2017, 05:51:11 AM

Quote from: Sadlife on October 09, 2017, 04:49:09 AM

The first thing you must do is too introduce this business some important and good aspects of bitcoin like it's decentralization that you will not have to worry if some third party is tracking your transaction cause it's anonymouse. The second is the low fees like what you said it doesn't have any charge back unlike other centralized payment processor that tax you with high fees like paypal, credit card. One of the most facinating aspects of bitcoin is that it is secured it can be hacked, fast confirmation time and can do global payments.

Bitcoin payment is widely has accepted meanwhile starting into small scale business with the bitcoin payment is much appreciated now. After some years we will see the bitcoin's value and usage is big. Henceforth. If you accepting it now. You will be in the row of early adopters list.

The best thing we can do in order to encourage our local business to accept BTC is that the international market start accepting bitcoin and they start trading in bitcoin. This will remove all the doubts of local business traders and they will happily accepting bitcoin then. This is not a big deal, it will take some time and then things will be in very much favor of bitcoin.

Gotottack

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I think we can encourage local businesses to accept Bitcoin by letting them know how much they will profit should they open their businesses to what is IN today. We have to show them how online enterprising works with the use of cryptocurrencies. Of course, we would have to entice them that they will reach their prospects in the fastest way possible if they seek and open themselves to change. Just as the saying goes, we have to walk the talk. Otherwise stated, we have to show them how it works by example.

Harlot

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Quote from: Monnt on October 10, 2017, 03:23:03 AM

Quote from: ajqjjj on October 09, 2017, 05:51:11 AM

Quote from: Sadlife on October 09, 2017, 04:49:09 AM

The first thing you must do is too introduce this business some important and good aspects of bitcoin like it's decentralization that you will not have to worry if some third party is tracking your transaction cause it's anonymouse. The second is the low fees like what you said it doesn't have any charge back unlike other centralized payment processor that tax you with high fees like paypal, credit card. One of the most facinating aspects of bitcoin is that it is secured it can be hacked, fast confirmation time and can do global payments.

Bitcoin payment is widely has accepted meanwhile starting into small scale business with the bitcoin payment is much appreciated now. After some years we will see the bitcoin's value and usage is big. Henceforth. If you accepting it now. You will be in the row of early adopters list.

Widely accepted ? I am not sure it is yet. Sure, we are growing but if we are really to look at the population of people as well as merchants who have adopted bitcoin usage is still minute compared to the world at large.

Although, it is awesome to know we are not where we used to be which makes us more optimistic we are going higher than we are presently in due time.

Not having an untraceable payment method is not one of the local businesses main concern, I mean they are small businesses not unless it is illegal they don't have any reasons on hiding their transactions away. What they are most likely to look for if they accept Bitcoin as a mode of payment is if it will increase their sales and profit which I don't think it will because accepting a new payment method is not one of the effective ways of increasing your profit.

d1ceplayer

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Quote from: eann014 on October 08, 2017, 05:58:51 AM

Quote from: mharz on August 08, 2017, 05:38:26 PM

Quote from: eann014 on August 06, 2017, 11:10:37 PM

I guess we also need a good advertisement so local businesses will got curious in bitcoin. If we have a good and professional advertisement that can hooked a lot of local businesses it will not going to be hard to accept bitcoin.

Curiosity of local business is not good enough to encourage local businesses to accept bitcoin. Maybe we need to give them some idea regarding the good side of owning bitcoin. On that time we need to become one sided for the sake of good marketing of bitcoin.

Giving them first curiosity is not bad before giving them an idea for owning a bitcoin. I think giving them curiosity for a first step for them to have also an idea about what is bitcoin. I am just suggesting and if you think my suggestion is bad then you can give your own suggestion.

I am not getting you like what kind of curiosity you want to give them. Rather making them curious about bitcoin, it is better to introduce them to bitcoin and then ask them to search further themselves. We need to give them examples of those who are now millionaires just because of bitcoin and talk to them about the bright future of bitcoin. Only in this way they will start accepting bitcoin.

Monnt

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Quote from: ajqjjj on October 09, 2017, 05:51:11 AM

Quote from: Sadlife on October 09, 2017, 04:49:09 AM

The first thing you must do is too introduce this business some important and good aspects of bitcoin like it's decentralization that you will not have to worry if some third party is tracking your transaction cause it's anonymouse. The second is the low fees like what you said it doesn't have any charge back unlike other centralized payment processor that tax you with high fees like paypal, credit card. One of the most facinating aspects of bitcoin is that it is secured it can be hacked, fast confirmation time and can do global payments.

Bitcoin payment is widely has accepted meanwhile starting into small scale business with the bitcoin payment is much appreciated now. After some years we will see the bitcoin's value and usage is big. Henceforth. If you accepting it now. You will be in the row of early adopters list.

Widely accepted ? I am not sure it is yet. Sure, we are growing but if we are really to look at the population of people as well as merchants who have adopted bitcoin usage is still minute compared to the world at large.

Although, it is awesome to know we are not where we used to be which makes us more optimistic we are going higher than we are presently in due time.

nichol@s12josE

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Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

if any business we have to transfer money from one person to another person or one country to another country. in that time hackers may enter into our system and hack our accounts. so in the bit coin format online transaction is very secure. so for this reason definitely business people can buy this coins and transferring.

ajqjjj

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Not your Keys, not your Bitcoin

Quote from: Sadlife on October 09, 2017, 04:49:09 AM

The first thing you must do is too introduce this business some important and good aspects of bitcoin like it's decentralization that you will not have to worry if some third party is tracking your transaction cause it's anonymouse. The second is the low fees like what you said it doesn't have any charge back unlike other centralized payment processor that tax you with high fees like paypal, credit card. One of the most facinating aspects of bitcoin is that it is secured it can be hacked, fast confirmation time and can do global payments.

Bitcoin payment is widely has accepted meanwhile starting into small scale business with the bitcoin payment is much appreciated now. After some years we will see the bitcoin's value and usage is big. Henceforth. If you accepting it now. You will be in the row of early adopters list.

Sadlife

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The first thing you must do is too introduce this business some important and good aspects of bitcoin like it's decentralization that you will not have to worry if some third party is tracking your transaction cause it's anonymouse. The second is the low fees like what you said it doesn't have any charge back unlike other centralized payment processor that tax you with high fees like paypal, credit card. One of the most facinating aspects of bitcoin is that it is secured it can be hacked, fast confirmation time and can do global payments.

Maian

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Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

The main purpose behind business process to accept BTC is to assist organizations in becoming more effective. A clear and detailed business process map or diagram allow outside firms to come in. You to be trained to learn more. Grin

Xenophoto

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Quote from: websoftwareengineer on October 08, 2017, 05:11:18 AM

Try to create a business plan that is related to bitcoin and explain the advantages and disadvantages, Next thing to do is create a proposal for your idea and present it to your preferred local business and maybe they will accept BTC if they see something in your platform that it is very useful in their business.

What will your platform do that bitcoin can't do by its own? I think none at all. Unless your platform can eliminate waiting time and transaction fee which will lead for you to lose money, by the way. Obviously you are not going to do this for free and so you will charge the store owner for the "platform" that you have made. Once they found out that everything is free, and everything can be done by their own, you will start getting bad feedback. Another thing, it's only a matter of time for that "platform" to become a common knowledge to everyone so your business is rather temporary.

I think we can encourage local businesses to accept bitcoin by becoming the local business that accepts bitcoin. Hype your shop by making posts that your shop is known as the first shop that accepts bitcoin in your place and that people are coming to you because of that. You can easily create this fake hype and other local businesses will follow through.

eann014

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Quote from: mharz on August 08, 2017, 05:38:26 PM

Quote from: eann014 on August 06, 2017, 11:10:37 PM

I guess we also need a good advertisement so local businesses will got curious in bitcoin. If we have a good and professional advertisement that can hooked a lot of local businesses it will not going to be hard to accept bitcoin.

Curiosity of local business is not good enough to encourage local businesses to accept bitcoin. Maybe we need to give them some idea regarding the good side of owning bitcoin. On that time we need to become one sided for the sake of good marketing of bitcoin.

Giving them first curiosity is not bad before giving them an idea for owning a bitcoin. I think giving them curiosity for a first step for them to have also an idea about what is bitcoin. I am just suggesting and if you think my suggestion is bad then you can give your own suggestion.

websoftwareengineer

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Try to create a business plan that is related to bitcoin and explain the advantages and disadvantages, Next thing to do is create a proposal for your idea and present it to your preferred local business and maybe they will accept BTC if they see something in your platform that it is very useful in their business.

goaldigger

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Im curious also regarding this one. Maybe if we encourage them by saying that there are many investors having bitcoin the same thing with person having a credit card, We can make bitcoin as our medium of exchange also. But how will be the effect of the bitcoin volatility to the local businesses ? Do they make more profit or loss?

mrcash02

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Quote from: Tyrantt on October 07, 2017, 06:53:38 PM

Why would they start using btc if there's not so many people that are using btc in the first place, in the smaller towns I mean. In my town, there are maybe 10 people max and I know 3... There's not so big usage of btc to be used in smaller local businesses where you're buying for relatively small amounts of money.

It makes some sense for local business. If there isn't demand there is no reason to accept Bitcoin as payment method. But if the business owner is a Bitcoin enthusiast I think it would be a very good idea anyway. Being an enthusiast this person would be probably a holder and he wouldn't be worried about exchanging BTC to fiat often, so there wouldn't be any problem by receiving payments from only 3-10 people in BTCs and keeping the money in BTC for a long time.

Also, a business owner like this could start a campaign on his city to increase adoption.

Tyrantt

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Why would they start using btc if there's not so many people that are using btc in the first place, in the smaller towns I mean. In my town, there are maybe 10 people max and I know 3... There's not so big usage of btc to be used in smaller local businesses where you're buying for relatively small amounts of money.

connesa

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Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

good marketing strategies will always work maybe start a mini orientation for the small retailers how fast easy convinient it could possibly be.or give some freebies to attract them.

lienfaye

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Quote from: batang_bitcoin on October 05, 2017, 10:52:17 PM

Quote from: Oo ako to on October 05, 2017, 08:23:33 PM

It might work if they also operate their businesses on a website. Since it's online, I'm sure that they are accepting online payments using credit card and that's where you will start explaining bitcoin and all of its benefits. Make them aware that it will be the thing of the future.

Raising the awareness about bitcoin is one of the things that we can do. And we can introduce to them that it is an alternative to those customers that doesn't want to use credit card instead they want to try out some other payment method and that is through bitcoin. I will support them with it and will tell that if they had need some help and support about the acceptance of bitcoin then I'm there to help for free.

Yes through that we can encourage them to try using btc as one of their payment method. its an advantage if their business is online but for those who are not it will be a bit complicated for them to understand the benefits they can get with it. my way to encourage them is to present a videos that can explain the advantages of using btc for their business and for the customers as well.

akmittal

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BTC may be promoted by giving incentive to the customer or user of BTC. It may be in form of discount. In form of cash back or any other type discount may encourage local business to use BTC.

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