Bitcoin Forum
May 26, 2024, 08:46:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Economics / Re: Business owners, have bitcoin payments boosted your sales or not? on: June 18, 2015, 05:07:28 PM
Thank you for your valuable inputs. I appreciate it.

I agree with what Amph says. I think that if an online store with traditional payments switches to BTC only, the store will lose a lot of customers (at least now, in 2015) because bitcoin payments are still a very small minority compared to other payments, and habits/mentalities are hard to change. This is one of the challenges bitcoin is facing, and it is a tough one Smiley

I would be more interested to know if allowing bitcoin payments along other 'traditional' payments on online stores have helped them draw new bitcoin-enthusiastic customers, thus generating more sales.


2  Economy / Economics / Business owners, have bitcoin payments boosted your sales or not? on: June 18, 2015, 02:25:50 AM
Hi people,

I am a master student conducting a study for my research paper regarding the impact of bitcoin payments on online business sales.
A few years ago, I became interested in cryptocurrencies because I have always thought that the idea could be a revolution for our future and also for business.
For my research paper (Msc Online Marketing student), I naturally chose to focus on the business side of bitcoin, and a question came to my mind: have bitcoin payments had any impact on online sales revenue?

Through my research on the subject, I have a found a few examples of online businesses such as Overstock that sucessfully implemented bitcoin payments and were positevely impacted by them.

I would love to study the impact that bitcoin payments have had (or not) on your sales revenue. I would like to know if, from an entrepreneur point of view, implementing bitcoin payments on online websites could get more sales because they would attract bitcoins enthusiasts, and thus create a win-win situation both for the online business owners and bitcoin-enthusiastic customers.

So feel free to fill my Google Forms here (anonymous and not very long, 5 minutes max) and share it with people you know. If you know other websites where I could get answers from business owners or employees that would help me tremendously.

Survey link: https://docs.google.com/forms/d/1w6Z6kQqvVaso3Vp3m_b_62QpAHUYN8xncKpDbHRNGEU/viewform?usp=send_form

I would like to apologize if I made any english mistakes, it is not my first language
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!