Brand completely associated with crypto

[selezneve]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

[1715240745]

1715240745

[1715240745]

1715240745

[1715240745]

1715240745

[1715240745]

1715240745

[1715240745]

1715240745

[Dr.Bitcoin_Strange]

Like , the purchase of cosmetic products of my company being available only with certain alt coin.

  Move this topic to Altcoins Discussion board. At the bottom of this thread, look very closely and you will see something like "move topic. " Move the topic to the right board.

[DapanasFruit]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

You can do anything you want. The problem is making the business be stable and get loyal base of customers who are paying only by a certain coin. That is not a good move. The best thing to do is to accept cryptocurrencies including Bitcoin but to not make it exclusive as there are still many people who are not into cryptos and there are those who are not so willing to buy things online using their portfolio because they are viewing and deciding they are investments and must not disturbed.

[lombok]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

However, if OP uses the payment option via Bitcoin, and if this news goes viral, this could be good as free marketing media.

Emhhh but... If I had a business, first of all I would not touch or use shitcoins other than BTC for payments or anything else. The OP should understand the basics, until now Bitcoin has not been widely used as a means of payment throughout the world, why did the OP choose a shitcoin that will not necessarily survive when the long bearish season arrives? Many shitcoins claim to be capable and will overtake Bitcoin, in fact, after only a few weeks or months, these shitcoins are already dead. Lol

[mk4]

That's surely one way for your business to not get off the ground.

[kingvirtus09]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

If he is associated with cryptocurrency, is Bitcoin payment accepted or other cryptocurrency like ETH, BNB, and others? This is the usual thing that happens when they touch Bitcoin in their traditional businesses, like the Honda car company did.

I hope most of your customers are aware of bitcoin and cryptocurrency and, at the same time, have a good view of bitcoin or cryptocurrency. And if they don't have an idea, I guess they will have an interest, and when that happens, show them the guidelines that they should follow, as if you were giving them an instruction procedure.

[franky1]

what has cosmetics got to do with crypto

seems you just want to grab hold of a trend and hope to ride its fame to make your brand famous.. but the real world does not work that way

imagine you want to sell cosmetics world wide. where majority of consumers are in asia or america.. but you want to price your cosmetics in only the Egyptian pound. that alone wont win you any favours even if hundreds of millions of people are Egyptian

if you want to sell something in crypto. make something crypto associated.. maybe t-shirts with a crypto logo(merch)

if you are going to offer products for crypto. set the crypto price fairly. but then put countries fiat prices at a premium thus making your product look like a luxury and discounted if they use crypto

thu making people look into maybe getting crypto to get your product cheaper.. or making crypto community feel they are getting a default advantage to stick to using crypto rather then converting to fiat to buy with fiat

[moneystery]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

that's no problem if you build a business with payments using certain altcoins. but what matters is the crypto regulations in the place where you market your product and whether people want to buy your product using the altcoin you specified. because your goal is to build a business for profit, right? and i'm not sure that sales of your product will go well with the business strategy you created by paying using certain altcoins for your product. but if your goal is just to have fun and not worry too much about profit, then you can create this product in a place where crypto is legal.

[siedemtrzy]

Are you sure that's a good idea? I may be wrong, but most crypto users are men. Crypto cosmetic bard will just not find a big audience.

[Bureau]

Are you sure that's a good idea? I may be wrong, but most crypto users are men. Crypto cosmetic bard will just not find a big audience.

A lot of them are men, that doesn't mean that women are not into crypto. Cosmetic doesn't mean that it is associated with only female. Male cosmetics are also available in the market and OP would be selling both as most cosmetics website do.

It is better that OP provide multiple payment option. Like fiat and known altcoins, the more options are available the more convenient it becomes for a buyer. I won't suggest restricting the customer to only use crypto for purchase of any product.

[Publictalk792]

As you know this is the crypto world and here anything can be happened like you have some examples like Luna and FTX. You must have knowledge about the market and
You would need to careful about the feasibility of using a specific altcoin as the only payment method for your products. Altcoins can be volatile and their value can fluctuate significantly.

[batang_bitcoin]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

I have seen many companies did this but many of them failed. It's because many people chooses to use those coins that are already established and they don't want to take risk buying something with their 'only' coin. They prefer to use fiat over their own coin on it thus, the customers will just avoid that brand. It's not going to work because those that I have seen were established but little to no success. So, for the smaller and unknown brands, you'll have hard time unless you work hard with a bit of luck is with you, you'll succeed.

[Orpichukwu]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

The idea looks great, but you might not completely get the kind of sales that you desire. You need to start up a shop that will help you make a profit, and at the same time, you want to promote crypto using that shop. That's understandable, but do you know that it's not just everyone that will like a product in your shop that will be a crypto user? The majority of people will like to pay with their fiat.
 
So I will advise that if you want to make a shop like that, add both your desired altcons available as methods of payment and also allow the use of your local currency for purchase. That way, you can be rest assured that your business won't fail even before you start it up. If the business has now gained some value and constant customers, then you can evaluate between those monthly sales and check which method was mostly used to purchase products from your shop. From there,  you can know the next step to take.

[danherbias07]

Anything is possible. It can actually be done but that won't be your main problem at all.
Marketing. This is where most cryptocurrencies business is failing. It's difficult to market anything in the crypto field, especially with the scams and hacks lurking in the shadows.
If you are aiming for selling your cosmetics by means of old cryptocurrencies like Bitcoin, Ethereum, or stablecoins then I don't think there will be much of a problem.
But if you are trying to create your own altcoin then it adds a workload. A team to manage it, investors, maintenance, developers, and more. It's not like it can be done with just the flick of your finger.
Then, you will have to market it and try your best to make it attractive to buyers.

[Yogee]

[...]Like , the purchase of cosmetic products of my company being available only with certain alt coin.

Bad idea. Not only are you limiting the sale of that product but you are also causing inconvenience to your customers. I think it's better to offer as many options as possible then create some special perks to whoever buys using a certain altcoin. Leave it up to them if they want to avail that or not.

[Mate2237]

I don't know if I really understand your point but if I may understand it I will say yes you can but you need to make it general so that people who interested to use it can use it to purchase other things in another cosmetic products. It is a good idea so don't limit it to only your self. Everything has a starting point so you have to start from somewhere. Make sure the brand should be legit for people to use.  Cryptocurrency is not meant for only one company to be using but for everyone. Just like the different fiat currencies that all have their values.

[electronicash]

for it to be considered a brand, it should already be popular just like crypto.com is associated with UFC, they've been sponsoring shirts and VEchain is a brand partner of UFC as far as i know. Vechain is all over their canvasses and even on walls.

cosmetic products mean you are promoting these products to women and so shall the users of this token, you know how hard it is to invite women into this industry right?

[EmpoEX]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

The question is how well know the alt coin is. It will depend on the rank of alt coin, the usage of the alt coin. If you want to use only a specific alt coin, that will be a problem for your customers. If you allow multiple coins, that might be a good choice. But let's say you offered them your products that can be bought with Elon coin only at this moment, surely customers won't buy elon coin just to buy your product unless it's too important. Moreover, most of the cosmetics they can buy with fiat and other currencies. So, they won't take the hassle.

[edmundduke]

What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

I wouldnt really completely associate it with your brand. I really do not see any benefits to that.
What you could do is for example enable payments via cryptos. Set up a lightning channel for bitcoin.
If you want to help with doption, you coudl set up a system where people who buy from you, get a small kickback in form of your token if they install a wallet or something.

[Sophokles]

Your product will not be that popular if you are thinking about only accepting crypto for your product payments as the crypto community that wants to use their crypto to buy goods is small and they are all over the globe. If you are thinking that this will popularize your brand you are totally wrong. Top online marketplaces already accept some crypto assets along with fiat currencies. You can do something similar to give your customers a better experience but using crypto as a bait to attract more consumers to your brand won't work really well.