Friday, September 26, 2014

Offer Bitcoin discounts to increase adoption rates. Bitcoin go to the moon!



Both services & products must go cheaper. If all the economy products are cheaper, the customers can afford purchasing more. When you're dumping the prices, you're dominating the market. Some of your competitors will want to cut your head for lowering prices.
Don't be greedy. Most remote workers are ready to have some stable payments even if that will mean doing some cheaper jobs, or some stable online jobs, but this stability rarely provided in any free-lance market. If you give everyone a stability in free-lance market, probably then there will be more people who's willing to work for cheaper rates at your freelance marketplace. Everybody sets fixed prices at the freelance markets - nobody among workers want to make a discount, because they know there's not a lots of jobs available & half of their time will be spent to search free-lance jobs, and part of that time/money will be spent to inefficient means of money transferring for their job + freelance board commission. If you would remove all of such obstacles, then there wouldn't be such problems. And that's about freelancing.
Now let's talk about products.
Yeah this sounds very abstract. But Bitcoin is all about costs. 1) Cheaper costs of running Bitcoin network; 2) Cost of producing goods (doesn't matter real or virtual); 3) Replacing the whole systems & logistics with Bitcoin oriented economical optimizing
Many businesses in the world are employing the business model 1 to 10% expenditures for raw material, 80% for management - that gives you that price tags like $100, $1000 and such product prices. There's so many things in such categories which could cost cheaper, but due to market sizes/high management costs they can't be make cheaper, even though customers wouldn't mind pay cheaper!
I mean that all operational expenses could be cut. Entrepreneurship is being keen/flexible enough to provide competitive prices. E.g. before Internet servers wasn't popular everybody thought that normal shared web-hosting will cost at least $10 per month or bigger, but once we found out that quality of computers are growing, we don't feel like to pay for shared web-hosting at all. We can get the same quality of prices for $1.
The same revolution is have to be made about everything: current herbalife protein power costs around $40, original viagra costs $20. I have some strong belief that I should be able to order both of those things in the form of generic stuff, and I think this is a wonderful thing. Imagine yourself ordering some generic Indian herbalife for $3 (delivery included). Without Bitcoin & without OpenBazaar such things seemed impossible. With Bitcoin - it is obvious.
There's nothing wrong with decreasing the prices. All of those who's saying that you have to make your time cost more money, and that's correct thought. But that doesn't mean that you're always have to increase your prices. Make product massive, dominate on low-price markets!
If at Bitcoin shops we provide cheaper prices but only for Bitcoin customers that could be decisive factor for Bitcoin adoption speed.
So don't be greedy, and start making customers loyal to your business, offer them discounts, but only if they're transacting in Bitcoin. In my opinion world can become better place if we follow this patterns. I think its time to fight monopolies. Patent monopolies, Product monopolies, Marketing/Management monopolies, Logistics monopolies - they are everywhere! And its time to take over the world. Bitcoin to the moon!

1 comments:

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