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Showing 12 of 12 results by mwlarkin1
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Board Bitcoin Discussion
Re: I am Creating a template for Merchants and businesses to accept BTC - Help? plz
by
mwlarkin1
on 28/07/2014, 07:11:58 UTC
Hi Andrew!


I've actually been working on a letter myself with a few others over at this thread:  https://bitcointalk.org/index.php?topic=710931.0

Here's the document we've been working on:  https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing

It's morphed a bunch, and it's gotten a lot more streamlined and merchant-focused since its inception.  Getting away from geek speak was difficult.  Feel free to take anything from this letter to use/morph with yours!

I'm going to give a closer look at yours tomorrow and give some feedback!


Good work,
Matt
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Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 28/07/2014, 07:02:29 UTC
Thanks Franky.  That's a good point about keeping it open ended.  I tried keeping that in mind in the most recent revision.

Here's the link again:
https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing


Thanks
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 22:19:15 UTC
Sure,

Based on what you wrote, the goal is to have business accepting btc, correct?

Then remove all the market volatility, and keep it simple to fit their bottom line : sales and cost of tx. Thats it.

There are currently only 2 accredited payment gateway for bitcoin: Bitpay and Coinbase. And their fees are already low. No need to talk much about price of btc etc... just talk about easy to integrate, and fees are near zero. Do tell them that Coinbase has the first $1M in tx for free, 1% after that, while Bitpay has 1% or $30 flat fee.

Think of bitcoin as email. Do mainstream ppl want to understand how emails work? and that they can have their own email servers, ....etc ? I'm sure if you pitch someone into using email you would say, sign up on Gmail, yahoo or hotmail and that they can send mails digitally in sec ....

Anyway, i think i made myself clear enough. English isnt my native language, so i hope someone can contribute in writing for you.

Very well said!  Good analogy to email.  I'll definitely take that into consideration as I revise it.  Thanks!
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 21:46:06 UTC
My goal is to provide people with a template letter:  a letter to give to local businesses asking them to start accepting Bitcoin.  It's for people who want to do some grassroots marketing with local businesses - to get the word out about Bitcoin.

You say it's clearly just a bunch of spam at this point.  Could you point out the spam, specifically?  I'm looking for constructive criticism and ideas from the community.  If we work together on this, we can make it legitimate.

Thanks,
Matt
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 21:18:13 UTC
Quote
Which is why your letter will not be helpful. We're not there yet. One step of a time.

I agree that we're not there yet.  But isn't letting businesses know about Bitcoin, thus getting more people on the ground interested in Bitcoin, part of the progress?  At this stage, doesn't a letter asking businesses to get on board fit in with all this?

I'll listen.  What do you think the next step is?  Or what do you think we should we be focused on now?
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 20:14:35 UTC
Quote
I disagree.

In your pencil analogy, to be realisitic it would be " the pencil MAY be free if you have the TOOLS to sharpen it". The TOOLS here are compliance with regulation rules, exchange risks and etc... You get the point.

OR the business can just buy this pencil at a price. The price will only be more competitive in the future as more competitors coming in.

The bottom line is the pencil is still alot cheaper than buying it from MC/VISA.

To gain merchant acceptance you must focus on their point of view. There is no downside in "using this payment method" only upside. And there is no extra work being involved which let businesses focus on what they're doing best.

I can definitely see your point.  Bitpay and Coinbase offer great deals and keep the automated system businesses are used to.  So I think at this point, most businesses will probably choose Bitpay and Coinbase, just because they don't want to learn something new just yet.  Which is fine!  Like you said, they can focus on what they do best.  But also, if Bitcoin becomes more popular (especially if/when people start trusting it as its own currency) businesses might want to learn how they can be in total control of their money.  Maybe sharpening the pencil themselves will become more and more just another casual part of their business procedures.
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 18:38:35 UTC
Ok,

Here's the most recent revision.  It's speaking more from a money-saving perspective.  But, from a societal perspective, it still has a brief call to action at the end:
https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing

It's still a work in progress, so please comment and post suggestions if you have any ideas.  It's open to criticism ...just make sure it's constructive! Smiley


Thanks again to everyone who's helped out!
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 17:42:57 UTC
to be honest, i still think the letter is too waffly.

do you think mastercard talk about dollars with paragraphs describing the cotton paper and patented ink. or the method of joining the chip to the plastic card, or the database link of the accounts.

i think there needs to be less waffle about the decentralised protocols and more about the:
no chargeback
pennies(3c) vs quarters(30c) fee's
hoarding for future gains

basically the practical stuff, not the protocol stuff.. after all if your pushing for coinbase/bitpay. the protocol and security is meaningless to a merchant as its all automated by a third party. all the merchant and customer see's is a QR code.

they dont see or know of the 'ledger' or the encryption stuff, they dont see it as being decentralised, as all their trades go through one company.. not random people.

(sorry for the backwar and forward thinking from post to post. but i tailor my sales pitches to each individual business and the more i read your letter pretending im busines xyz, abc efg etc in different scenarios, the more questions rather than answers i see them come up with)


That's a really good point, Franky.  Pitching Bitcoin as a means of saving money would speak pretty loudly to businesses as a whole.  If we pitch that idea first, maybe we can grab their attention more directly.  They don't have to have a philisophical/technological point of view to see how Bitcoin can help them:  so why endorse those ideas so heavily in the letter?  If the business is just interested in saving money - great!  If they're interested in the societal impact - also great!  But those are things they'll decided on an personal level.  Speaking about the expense-saving side of Bitcoin will speak more directly to all businesses.

Thanks for the input, I'll work on revising it.
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 27/07/2014, 17:28:48 UTC
Marketing means selling. So, marketing what? BTC? You can sell your BTCs any time without any marketing.  Smiley "To businesses" - your ambitions are high Smiley Maybe you can start "guerilla marketing" of the BTC from your local grocery shop around the corner? That would be more realistic.

That's exactly what I intend to do! Smiley  And my hope is to provide a sample letter from which anyone else who wanted to do this sort of grassroots marketing could draw from.
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 26/07/2014, 20:17:38 UTC
first paragraph...
Quote
This irradiates price manipulation
ummm no
the security of bitcoin has nothing to do with price(FIAT/legal tender value of a coin) manipulation, but irradicates balance / personal holdings (amount of bitcoin) manipulation

second paragraph
Quote
You can be in full control by selling the bitcoins back to legal tender using services like Bitpay and Coinbase, or hold onto them for investment purposes. Because it’s relatively new (5 years old), Bitcoin’s value is pretty volatile.  However, using services like Bitpay and Coinbase, you can promptly convert your Bitcoin revenue into local currency if you wish.

firstly i replaced dollars as i was thinking of making the letter more international so it can be usedin the UK or urope without editing. i though using FIAt was a weird word so chose legal tender.. bt now reading it back, maybe either go with dollar or use the words national currency. as the words 'legal tender' may make people think that bitcoins are not 'legal' and open up a floodgate of questioning about if bitcoin is illegal to use. (laymans thinking)

my previous post was saying basically, you can either do it manually yourself using localbitcoins and sell back to dollar/national currency when you like, or just hoard.... or you can automate it using coinbase/bitpay and take the manual effort and price volitility out of the equation for a subscription/small fee.

but it seems like your trying to push them the coinbase/bitpay route without showing all options.. which is kind of leading the customer down a narrow path.

third paragraph
Quote
You’ll save a lot of money (with no merchant fees)

bitpay/coinbase do have fee's though. so becareful not to promise things that are untrue

Great points, especially about the "legal tender" ambiguity.  I went in and changed it up a bit.

And you're right, I am sort of pushing them the Coinbase/Bitpay route.  My initial thinking was that'd be easier for them than Localbitcoins since Coinbase/Bitpay have services geared toward merchants.  But'll I'll add in Localbitcoins to give them a broader scope of possible exchange methods.  If they're interested, they can decide upon more research.  It'll vary from business to business I'm sure.

Here's the document again:
https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing


Good work, and thanks again!
Post
Topic
Board Bitcoin Discussion
Re: Letter/Petition to Businesses to Accept Bitcoin - Guerilla Marketing
by
mwlarkin1
on 26/07/2014, 19:22:23 UTC
Ok,


I went back and took out geeky wording and made it shorter.  I also tweaked the format a little.  Thanks for your help Franky1, and thanks for the encouragement Minerpumpkin!  I think it's looking a lot better already!

Here's a link back to the document.
https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing

Also, that's a better idea Franky1:  I'll make it uneditable for the trolls, but you can still make comments on it.  Any revisions or ideas for wording can go in this thread!


Thanks so much,
Matt
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Topic
Board Bitcoin Discussion
Topic OP
Letter/Petition to Businesses to Accept & Adopt Bitcoin - Guerilla Marketing
by
mwlarkin1
on 26/07/2014, 03:59:37 UTC
Hello,


I was thinking of doing some guerilla marketing for Bitcoin using this letter:
https://docs.google.com/document/d/1Q6WiJPvmx3FCwgSRAcie9-Ay3Pz54GUhlfTXtVlZDFE/edit?usp=sharing

It's a working document that anyone can comment on and download in PDF.  Maybe we could start editing this and improving the wording/facts?  Also, if you already have your own letter(s) - perhaps targeted at small or large business - you could post a reply with a link to yours!


Vive la Revolution!
Matt