Advertise Bitcoin? Centralization has its benefits.

[zimmah]

we can make our own advertisements, we can write open letter to companies and such.

That's a good idea. Personalized advertising does work but not quite as well as broadcast media. I quickly dismiss people that knock on my door to sell me something but a will sit in my livingroom and let commercials bomb my psyche all night long and do nothing about it. Broadcast media has a proven track record of changing behavior and perceptions.

When you write open letters (check my signature for an example) to companies, and one of these companies accepts bitcoin, you achieve three mayor goals.

1) the company and it's owners and employees will get to know and use bitcoin
2) the people who shop there will have an pour tuning to use bitcoin in everyday life (and get to know about it)
3) the company will actively advertise bitcoin (they can just include it in their regular advertising)

[AmGfxMarty]

As a maker of advertisements this is of interest to me. I have been in the television and radio advertising business creating video and audio spots and have created print ads for newspaper and magazines. I now make signage and vehicle graphics and I do my part to make sure business owners know about bitcoin. I also accept it in my store.
It is not prohibitively expensive to place ads in these mediums and a kickstarter like fund to accomplish this task I think is a fantastic idea.

[zimmah]

As a maker of advertisements this is of interest to me. I have been in the television and radio advertising business creating video and audio spots and have created print ads for newspaper and magazines. I now make signage and vehicle graphics and I do my part to make sure business owners know about bitcoin. I also accept it in my store.
It is not prohibitively expensive to place ads in these mediums and a kickstarter like fund to accomplish this task I think is a fantastic idea.

It would be hard to organize, I but it might pay off.

Things to look at:

Which country to start advertising in (which one will have the most impact compared to the costs of advertising)
What is our target audience (the time you send a message, and the channel you transmit on matter with price and target audience)
What is the expected price needed
What will we say in the advertisements to draw attention to people
Will we draw attention to a specific website, and if so, will we build that website from the ground up?

Etc.

[QuestionAuthority]

As a maker of advertisements this is of interest to me. I have been in the television and radio advertising business creating video and audio spots and have created print ads for newspaper and magazines. I now make signage and vehicle graphics and I do my part to make sure business owners know about bitcoin. I also accept it in my store.
It is not prohibitively expensive to place ads in these mediums and a kickstarter like fund to accomplish this task I think is a fantastic idea.

It would be hard to organize, I but it might pay off.

Things to look at:

Which country to start advertising in (which one will have the most impact compared to the costs of advertising)
What is our target audience (the time you send a message, and the channel you transmit on matter with price and target audience)
What is the expected price needed
What will we say in the advertisements to draw attention to people
Will we draw attention to a specific website, and if so, will we build that website from the ground up?

Etc.

Those are good questions and I used them in the OP. I hope you don't mind.

I thought of one other reason to advertise. Governments are currently attempting to create legislation worldwide to regulate Bitcoin. Swaying public opinion is the best way to ensure positive legislation that will be conducive to business. Elected officials are less likely to bring the hammer down on something the people want. If they do they're committing political suicide.

[zimmah]

I think a good way to guesstimate the cost/benefit ratio of an ad is to either:

Estimate the amount of users that watches the channel (if ratings of the shows that air around that time are known.) and the cost of advertising at that channel by the amount of people watching, and the lower the number, the better value you get. Also multiple this number by the ratio of target audience that is expected to watch that channel. (If you target students for example it wouldnt do much good to advertise on a home cooking channel)

Do this for several channels on several countries and see which one has the best value.

Also keep in mind other factors, like how is the economy in a country and how is the government there, and how likely are the people in that country to accept bitcoin?

[granathus]

We are way past the point of needing advertising. The daily media exposure translated to advertising value is enormous.

[zimmah]

We are way past the point of needing advertising. The daily media exposure translated to advertising value is enormous.

Sure, coca cola also is past the point of advertising and so is McDonald's.

[QuestionAuthority]

We are way past the point of needing advertising. The daily media exposure translated to advertising value is enormous.

Sure, coca cola also is past the point of advertising and so is McDonald's.

HaHa Very true! You're never past the point of advertising. One of the problems Bitcoin is facing revolves around bad reporters telling the public the Bitcoin story. I started talking about Bitcoin with someone in a coffee shop because I had on a Bitcoin shirt. The guy I was talking to thought Bitcoin was illegal and it's only purpose was to help sell drugs.

Advertising would dispel myths and replace them with truths.

[FlappySocks]

The guy I was talking to thought Bitcoin was illegal and it's only purpose was to help sell drugs.

Same here!

I told my mum about Bitcoin. She had not heard of it.  She asked a friend about it who is supposedly into finance, and was told it was for criminals.

I asked my dad for advice on shipping lots of bitcoin miners around the world (he used to be into international shipping). He asked if what I was doing was legal.

[QuestionAuthority]

The guy I was talking to thought Bitcoin was illegal and it's only purpose was to help sell drugs.

Same here!

I told my mum about Bitcoin. She had not heard of it.  She asked a friend about it who is supposedly into finance, and was told it was for criminals.

I asked my dad for advice on shipping lots of bitcoin miners around the world (he used to be into international shipping). He asked if what I was doing was legal.

Yeah, I think that's pretty common. My feeling is that the Chinese Bitcoin explosion happened because they aren't exposed to western journalism.