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170 sats \ 5 replies \ @Fabs 4 May \ on: Can a Used Children's Clothing Store become a Bitcoin business? AskSN
You really think that the customers there are going to be cheering that you integrate Bitcoin as a payment option?
No idea. I am looking for ideas besides simply bitcoin as a payment option. Maybe as part of a loyalty rewards program. Maybe a QR code sats faucet in the store that people can scan to get 100 sats or something when they come in to shop. Maybe I can create some kind of treasure hunt where kids learn about Bitcoin and get some sats.
Of course we would retain a bitcoin treasury if possible.
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I think the hustle won't be worth the squeeze, but you could offer - free - workshops in regards to LN and use a small pool of sats to have them play around with, and have them buy clothes (with sats sponsored by you) et cetera.
They learn something in the process and leave with a free gift of their choosing, making it a positive experience and maybe more probable that they're gonna use it again, although you'll have to heavily subsidize them with sats in the start, I think.
It could be useful, but it could also turn out that they simply go along with it as they get - semi - free stuff, then ditch ya - we're humans, after all.
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How many other places in town accept Bitcoin? I think that it will make a huge difference if you are going to pioneer the concept locally or you join in on an existing community - no matter how small it is - simply because you don't have to do all the work by yourself in the latter scenario.
This shouldn't decide whether to accept bitcoin but it should definitely impact your strategy.
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None of the other merchants in the area accept Bitcoin. There is one small farm nearby that has a shop that accepts Bitcoin. They are friends of ours and I think I am the only one that pays them in Bitcoin.