The Best Way To Encourage Offline Store To Accept BTC - page 2.

eternalgloom

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Quote from: Kprawn on July 26, 2016, 11:49:40 AM

The only way for you to convince these people, is for you to show them that there are a new untapped source of income for them. I did this with a pub and I generated repeat business by hosting some

Bitcoin meetups at this pub. We gather there every second week and we only pay with Bitcoin. The worst thing that will happen, is if you convinced him/her that Bitcoin is this wonderful new currency,

and after 1 or 2 months he only received like 10 to 100 transactions. So once the door is open, you have to make sure people know about it, and they use that service or merchant regularly. Wink

Surprised to see that no-one has replied to this (unless I missed it), but this really is very important if you're going to convince a business to accept Bitcoin.
If you suggest accepting Bitcoin to a business and they try it out and they don't generate enough revenue with it, than it's actually quite damaging to the image of Bitcoin and they would probably not try it again if it fails the first time.

I would suggest that if you do manage to convince a store, pub or restaurant to accept BTC, you at least go there yourself and pay with Bitcoin regularly and tell all your friends about it.
Also, go the extra mile and add that business to any website or service that lists businesses accepting Bitcoin.

Cuhua-hua

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The advantages they can get. Indeed all existing stores now, it is very difficult in accepting the BTC. Because they have not come to know well about the use of the mechanism and also the bitcoin bitcoin. But the thing that can push the offline store received the btc is to inform about the advantages they can get

groll

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That was a cool idea but how will they be encouraged if they do know nothing about bitcoin. Maybe you couod discuss them first the history of bitcoin and how it operates like that. And then you could show some proofs thatnit actually works like paper money. And then give them some stores that doing bitcoin payments. And of course are they willing to have online transactions? Cause it might just give them expenses because of additional computer and internet fees.

BitcSeo

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Quote from: Patatas on September 01, 2016, 06:34:39 AM

Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

Mr.grin as someone who own a physical store do you think we could see this happening in future? i mean customer's walk in to offline store to purchase product, log-in to bitcoin account to conclude this transaction with payment via bitcoins!

Yes the possibility that is pretty much happening along with the risks involved.What if the store's computer has a keylogger in it ? How AM I suppose to pay in a store if my wallet is installed on my desktop ? The solution would be installing a bitcoin wallet app right ? My next question : Why should I trust an app with my bitcoins ? Hardware wallet ? Too expensive isn't it ? Until we find a most reliable way to carry bitcoins along without any risks involved,it's still a far-fetched goal yet to be reached.

Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

Personally, it will be great when the use of bitcoins get's to this level.

It's already happening in Japan.You can buy Satori coins through an vending machine!

Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

We'll keep creating such awareness. Also, i noticed paypal is unsatisfied with MOST account holder's who ONLY log-in to their paypal account once or twice in a month for transaction. They are expecting more from their customer's just the way they normally use their VISA/MASTER CARD.

Paypal is old.Future is bitcoin.The day everyone ditches paypal,we'd celebrate the "Bitcoin Awareness Day"!

@Patatas, .... computer has a keylogger in it ? How AM I suppose to pay in a store if my wallet is installed on my desktop ?... what kind of question is that? you simply request his wallet ID,log into you bitcoin account from your mobile device!

Ofcourse, it's NOT safe to use third-party computer when handling deals that involve payment!

Thanks
Bitcseo

Patatas

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Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

Mr.grin as someone who own a physical store do you think we could see this happening in future? i mean customer's walk in to offline store to purchase product, log-in to bitcoin account to conclude this transaction with payment via bitcoins!

Yes the possibility that is pretty much happening along with the risks involved.What if the store's computer has a keylogger in it ? How AM I suppose to pay in a store if my wallet is installed on my desktop ? The solution would be installing a bitcoin wallet app right ? My next question : Why should I trust an app with my bitcoins ? Hardware wallet ? Too expensive isn't it ? Until we find a most reliable way to carry bitcoins along without any risks involved,it's still a far-fetched goal yet to be reached.

Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

Personally, it will be great when the use of bitcoins get's to this level.

It's already happening in Japan.You can buy Satori coins through an vending machine!

Quote from: BitcSeo on September 01, 2016, 06:22:38 AM

We'll keep creating such awareness. Also, i noticed paypal is unsatisfied with MOST account holder's who ONLY log-in to their paypal account once or twice in a month for transaction. They are expecting more from their customer's just the way they normally use their VISA/MASTER CARD.

Paypal is old.Future is bitcoin.The day everyone ditches paypal,we'd celebrate the "Bitcoin Awareness Day"!

warwar

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Quote from: Schuyler on August 02, 2016, 04:55:06 AM

Quote from: beerlover on August 02, 2016, 04:34:59 AM

Quote from: relq on August 01, 2016, 08:14:33 PM

Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.

Only problem that they may have to face most commonly is the long confirmation times needed to actually have a safe transaction (even with a higher fee, if a new block get generated after 30 minutes or 40 minutes gap). Although they may use bitpay for btc-fiat conversion but there would be certain fees to pay though.

Yes, the time it takes for transactions to be confirmed surely doesn't help bitcoin's cause. There must be a way to make transactions faster without making the fees go higher. That and a better way of encouraging more shops to accept bitcoin would certainly boost transaction counts and offline stores accepting bitcoin.

Yeah you are right! The problem of that is the transaction! Because sending bitcoin from another country to other is pretty long it takes time i dont know why but it is to long not like country to your country pretty fast. Then it is pretty handy if you just get your money in your pocket and pay. I would just say that they should make a lot of stores accept bitcoin.

BitcSeo

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Quote from: Mr.grin on August 02, 2016, 05:03:22 AM

I guess the best way to encourage offline stores accept bitcoin is a way to introduce the store with bitcoin. Well, by getting to know the system and how bitcoin, the store owner would certainly use bitcoin, especially if he is to raise the price if the person wants to buy something using bitcoin. if I have a shop, I would accept bitcoin.

@Mr.grin, thanks for your contribution.

Mr.grin as someone who own a physical store do you think we could see this happening in future? i mean customer's walk in to offline store to purchase product, log-in to bitcoin account to conclude this transaction with payment via bitcoins!

Personally, it will be great when the use of bitcoins get's to this level.

We'll keep creating such awareness. Also, i noticed paypal is unsatisfied with MOST account holder's who ONLY log-in to their paypal account once or twice in a month for transaction. They are expecting more from their customer's just the way they normally use their VISA/MASTER CARD.

Regard's
Bitcseo

Mr.grin

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I guess the best way to encourage offline stores accept bitcoin is a way to introduce the store with bitcoin. Well, by getting to know the system and how bitcoin, the store owner would certainly use bitcoin, especially if he is to raise the price if the person wants to buy something using bitcoin. if I have a shop, I would accept bitcoin.

Schuyler

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Quote from: beerlover on August 02, 2016, 04:34:59 AM

Quote from: relq on August 01, 2016, 08:14:33 PM

Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.

Only problem that they may have to face most commonly is the long confirmation times needed to actually have a safe transaction (even with a higher fee, if a new block get generated after 30 minutes or 40 minutes gap). Although they may use bitpay for btc-fiat conversion but there would be certain fees to pay though.

Yes, the time it takes for transactions to be confirmed surely doesn't help bitcoin's cause. There must be a way to make transactions faster without making the fees go higher. That and a better way of encouraging more shops to accept bitcoin would certainly boost transaction counts and offline stores accepting bitcoin.

pedrog

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Quote from: Betwrong on August 02, 2016, 03:23:21 AM

Quote from: ABCbits on July 26, 2016, 08:21:38 AM

Quote from: pedrog on July 26, 2016, 07:45:49 AM

And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

Bitcoin is not to be used in that way.

Just ask the stores to accept zero confirmation and use 3rd party services such as BitPay if necessary.
Or wait till bitcoin network ready to handle more transaction before we encourage more shops to accept bitcoin.

I think if stores want to do business they should accept zero confirmation. I was always wondering how much do they really risk to lose when accepting zero confirmation? I may be wrong but I think - nothing really. All transactions made by regular people buying goods get confirmed sooner or later, right?

That's just giving free stuff away.

No one should accept 0 confirmation payments, well, you can but you'll end up scammed.

beerlover

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Quote from: relq on August 01, 2016, 08:14:33 PM

Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.

Only problem that they may have to face most commonly is the long confirmation times needed to actually have a safe transaction (even with a higher fee, if a new block get generated after 30 minutes or 40 minutes gap). Although they may use bitpay for btc-fiat conversion but there would be certain fees to pay though.

Betwrong

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Quote from: ABCbits on July 26, 2016, 08:21:38 AM

Quote from: pedrog on July 26, 2016, 07:45:49 AM

And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

Bitcoin is not to be used in that way.

Just ask the stores to accept zero confirmation and use 3rd party services such as BitPay if necessary.
Or wait till bitcoin network ready to handle more transaction before we encourage more shops to accept bitcoin.

I think if stores want to do business they should accept zero confirmation. I was always wondering how much do they really risk to lose when accepting zero confirmation? I may be wrong but I think - nothing really. All transactions made by regular people buying goods get confirmed sooner or later, right?

bravehearth0319

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Quote from: bamboylee on August 01, 2016, 08:44:40 PM

Quote from: bravehearth0319 on August 01, 2016, 08:09:52 PM

It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

I do not understand this. Are altcoins not using internet connection to make transactions? Why do you have to use altcoins to introduce bitcoin? In my understanding, altcoin and bitcoin are basically the same, only different model. IF you want to introduce it to merchandizers, introduce bitcoin to stores accepting credit cards. They already have the infrastructure needed for bitcoin transactions.
[/quote

I'm not saying that altcoins is not using internet connection to make transactions, and its true that altcoins and bitcoins are basicaly the same. For what I'm trying to say, is that here in my country many people are lack of knowledge when it comes to digital currency like bitcoins. So I've been thinking about an idea that I can use altcoins to explain them as a token that can be turn into a real money, perhaps you wont understand my way how am I gonna convince the store to accept bitcoins, Just simple altcoins is just a bridge for me for them to understand what bitcoin is all about. Cheesy

bamboylee

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Quote from: bravehearth0319 on August 01, 2016, 08:09:52 PM

It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

I do not understand this. Are altcoins not using internet connection to make transactions? Why do you have to use altcoins to introduce bitcoin? In my understanding, altcoin and bitcoin are basically the same, only different model. IF you want to introduce it to merchandizers, introduce bitcoin to stores accepting credit cards. They already have the infrastructure needed for bitcoin transactions.

relq

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Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.

bravehearth0319

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It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

DOGE12321

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I think the main problem would be the long transaction times. If something is done to decrease it then your suggestion may work.

countryfree

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Quote from: prtty2gal2 on July 28, 2016, 01:28:13 AM

I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.

I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.

Interesting. For info, what kind of stuff is that store selling? I can't imagine getting a soda and paying with BTC, but I could probably consider it to buy some large appliance, or anything above €250.

BitcSeo

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Quote from: prtty2gal2 on July 28, 2016, 01:28:13 AM

I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.

I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.

@prtty2gal2, Good job!

There is no harm in trying.
Myself, i got ONLY 2 positive response out of 15 people in whom i've discussed so far.

Based on this statistic, i think it's NOT i waste of time since, the other 10 people said they'll get in contact with me when they are ready to handle such virtual currency, the 3 manager's responded negatively. so, i guess they have little or no interest.

☞So, far i'm motivated to keep up with the experimentation.

Thanks
Bitcseo

BitcSeo

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Quote from: romero121 on July 27, 2016, 08:08:53 PM

I've seen in many stores, described as we accept credit/debit card. Same manner as an additional payment gateway it can be described bitcoins are accepted. Though you don't get big profit or large number of users in the beginning, when years pass situations gets changed.

As a creator/inventor, one way to convince people to believe in a specific product or service is to INVENT REASON why they should use this over the other by outlining the benefit to them.

Year's back, i still remember a staff at local bank who almost call security agency because i explained to her that my bank account has been linked to my paypal account online!

*As a computer repairer & spare part reseller, i've spent more time explaining the benefit of a specific computer parts (product) to offline customer's. And in most cases they just got convinced and purchase the product/service.

☞Sometime's, marketing it's ALL about the person behind a specific product & service and not necessary where you meet the customer.

Thanks
Bitcseo

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