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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
gabbie2010
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October 05, 2017, 02:35:14 PM
 #1381

This is could be achieved by engaging in physical awareness, going to those local businesses and start giving them orientation, of course if banking transaction is ran by local businesses I don't see any  reason why bitcoin cannot work in those places too.
I think much efforts is needed to actualise accepting bitcoin those business, I am optimist with time it' s going to work.

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October 05, 2017, 10:31:43 PM
 #1382

Let them know how bitcoin works mostly on positive aspects, In the same way they will be able to fetch more ideas, significant issues about btc. 
Government has a great role to influence customers, The time bitcoin will be legalized, this may a good start of accepting btc in local business unit.
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October 06, 2017, 01:23:33 AM
 #1383

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.
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October 06, 2017, 02:26:32 AM
 #1384

Why not educate them by telling them the basics of it on how it works what is the especially features does it have that separates it from the fiat currency that we usually use.
Like its decentralized feature, security, low fees and global payments where you need just the wallet address of the person you are sending your payment without any need of personal information unlike paypal. Do not worry about volatility because it is already graduated from it in fact most nerchants use t in their business whether online or offline.


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October 06, 2017, 02:52:06 AM
 #1385

well the credit card is one of the most familiar product that ecnourage peopole to use bitcoin everywhere

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October 06, 2017, 03:52:17 AM
 #1386

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.

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October 06, 2017, 04:48:10 AM
 #1387

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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October 06, 2017, 05:46:19 AM
 #1388

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.

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October 07, 2017, 05:08:43 PM
 #1389

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.
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October 07, 2017, 11:53:38 PM
 #1390

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.
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October 08, 2017, 12:19:46 AM
 #1391

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.
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October 08, 2017, 02:15:18 AM
 #1392

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?

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October 08, 2017, 10:11:18 AM
 #1393

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.

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October 08, 2017, 10:58:51 AM
 #1394

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.



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October 08, 2017, 02:18:18 PM
 #1395

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.

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October 09, 2017, 09:29:02 AM
 #1396

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
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October 09, 2017, 09:49:09 AM
 #1397

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.


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October 09, 2017, 10:51:11 AM
 #1398

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.



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nichol@s12josE
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October 09, 2017, 12:41:30 PM
 #1399

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.
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October 10, 2017, 08:23:03 AM
 #1400

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.
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