A good way to end the year, and to kick off next year. I am really proud of the number of persons from this forum who have adopted and implemented payment in bitcoins into their business. More persons will follow this track by next year. You are a quality member of this forum @OP, I am confident in your ability to be able to manage this new development. I am sure that other forum members like myself will be interested to read about the outcome of this new inclusion in some months and how it is has affected your business, plus the challenges you will handle.
Best of luck!
Thank you. I’m proud of myself too. I wouldn’t have had the courage to do it now if it weren’t for the increasing number of members here that have successfully done so and have good results.
This is a good marketing strategy, in my opinion. But don't you get another 10% extra if you accept fiat? So what's the benefit of you adopting bitcoin when in fact you will lose 10% every time your customer pays you in bitcoin?
I hope the discount will be limited, say your first 10 - 20 customers since adopting bitcoin as a means of payment. I'm so curious, what are your advantages of adopting bitcoin as a means of payment instead of fiat?
You’re partially right, I may lose 10% profit so to speak but I boost sales and gain a stronger customer relationship. This is common business practice, I would normally give discount at the end of the year. This year is different only because the discount are only on bitcoin sales. Also the discount isn’t limited to a number of customers, I plan on running it for a month straight.
Congrats on trying that out. It's believed that in Nigeria there is a high rate of BTC adoption so it's still good.
I wonder why you only have decided by this year end when you could have done it a few years ago. Every woman has a male benefactor either thier father or a boyfriend willing to spend top dollar for the beauty of thier girl. Who knows women have thier BTC wallet installed on thier phones already.
Thank you. Bitcoin is popular here because for one it is a good way to hedge the inflation of the naira. However I don’t agree “ every woman” has a man who’s paying their bills, many women are financially independent and live on their own terms
Despite the fact that your customers are predominantly female, and like you said BTC knowledge is not common amongst them, it might get some of them interested and learn about BTC from here; and from what i know women like going to the beauty and cosmetic shop with their lovers, and we know who usually pays
, so male Bitcoiners might use the option of BTC to pay for their partners in your shop. Good Luck.
Yes, I’m counting on that possibility. The good thing about a girls beauty salon is there is a lot of chatter, I’m already having conversations with those interested in bitcoin, not surprisingly many think bitcoin is a ponzi. I’m glad I debunked that yesterday.