Bitcoin Marketing – Case Studies

Bitcoin Marketing

Successful Bitcoin Marketing often results from businesses that are innovative simply accepting payments to open up new niches. Many companies have had great fortunes with using Bitcoin, which further strengthens the economy by giving more uses for the cryptocurrency. The nearly non-existent fees and the failure to reverse transactions is a big selling point for business, where traditional payment methods (like credit cards) can leave the business with losses.

Listed here are several of the businesses which have had good success with accepting Bitcoin as a payment method.

Bees Brothers

Bees Brothers was a business set up by three brothers that were learning about bees through farming honey. In time, they ended up with more honey than they knew what to do with, and started to sell it locally. This eventually led to accepting Bitcoin for online purchases, being it has no fees and is a really safe method for accepting payments (with no charge backs), as well as their business exploded from there.

It is seriously safe to say that Bitcoin is what made the business of theirs as effective as it’s today, and they, in turn, helped strengthen Bitcoin by accepting it. It is a win-win for every person.


Expedia

Expedia is an important site for booking travel, and they have just recently started accepting Bitcoin as a payment method. They tout more than 290,000 bookable properties. As of yet, airline tickets and car rentals are not able to be paid via Bitcoin, but they have stated that they are taking care of it.

It’s not clear just how much the acceptance of Bitcoin has affected Expedia, but they stated that they came up with the very own estimates of theirs in regards to what they should expect. Expedia further explained that they have been meeting and exceeding those estimates, leading to great things because of the business (and Bitcoin).

Dell

Dell is a major computer company that virtually everyone is going to already be comfortable with. The acceptance of theirs of Bitcoin was a sign that it was going to ensure it is mainstream, or perhaps at least gain additional attention from all those that otherwise are uncomfortable with the idea of cryptocurrencies.

shiba inu coin cryptocurrency to say exactly how their business accepting the coins is going to affect them, but it’s vital that you think about the point that their clients largely include computer experts as well as other knowledgeable folks. Basically, it is difficult to go wrong with accepting Bitcoin as a technology company.

As of yet, no information has been released as to what effects the move to accepting Bitcoin has had on Dell, though it is safe to assume it is likely to at a minimum be helpful. Whether or not the sales for the organization do not increase, every sale that occurs through Bitcoin means less money is lost due to fees and fraud.

Why Bitcoin is Great for Businesses

When it comes down to it, Bitcoin offers the same rewards to all businesses that accept them. Reliable payments are offered by them (that can’t be reversed or even be discovered to be fraudulent), low fees (the acceptor pays absolutely nothing on the end) of theirs and quick transfers (there is no waiting for weeks or days to get the money in).

All of these help boost business productivity, increase the profit and help secure the business overall. On top of this, all funds that are taken in are held by the businesses themselves, instead of being forced to wait for a third party to release (or not release) them.

As more and more businesses jump on board with Bitcoin, it will help push others to get in on it as well. This benefits your entire community, by enhancing the number of vendors and consumers that are making use of the currency, which subsequently gives a lot more uses and helps create more liquidity.

Bitcoin Marketing Successful Bitcoin Marketing often results from businesses that are innovative simply accepting payments to open up new niches. Many companies have had great fortunes with using Bitcoin, which further strengthens the economy by giving more uses for the cryptocurrency. The nearly non-existent fees and the failure to reverse transactions is a big selling…

Leave a Reply

Your email address will not be published. Required fields are marked *