How to Create a virtual store & accept BCH as payment method.
30-10-2022
World moving towards Digitalisation so rapidly and COVID19 bloom up on-line business/ shopping/services/catering. The digital transaction mode also gets Wings due to this trend and most of nations revolutionary upgrading payment methods from branch banking to branchless banking and virtual currency.
Online store with lowest capital ( some times without capital) is possible and becomes much easier then before. It requires only some device, store in a virtual shopping platform, set-up the page and let's go .
I will prefer to go some basic knowledge about the creation of store and it's proprietorship. It is much easier now to search the desired information from internet. You can explore,
Udemy ( required $10-20 for course)
Setup the store.
Set up a virtual store in any shopping site / Facebook page/ platform is not a difficult thing now a days. First of all we have to recognise what sort of products we will sell. At which platform and which payment mode we are going to accept.
We need to hire a good designer for preparation of the wall ( main page ).
Name of store should be attractive & short.
It's interface should be easy to understand and operate.
The colour combinations should be lite and relative to products.
The appearance of products should have good visibility.
Better visit some relevant stores on site to get better idea.
The payment method of bitcoin cash should be highlighted on the products along with fiat rate.
Varified accounts to receive payments.
Printer to print the invoice copy for logistics and shipping.
QR code to be display on invoice. Costumers will scan on cod and pay easily.
Fill terms and conditions to avoid further contradictory problems.
Exchange , return policy should be friendly.
Fill the contract paper of retailing with plateform which requires lot of things because site never wants to breach the confidence of its costumers.
Each plateform/ site gives access to list the store within the main page. For example daraz is comprehensive online shopping site in the country and easily can register a store.
Promote BCH & Set Payment gateway.
Mostly we have cod payment term used in online shopping which gets cash but other options like bank , easy-paisa and Bitcoin cash required to set up payment gateways. On check out page we must use QR code for BCH payments. Fastpay is most reliable gateway.
Create separate wallets for payment from costumers to avoid mess up of different transactions. Give flexibility to costumer in choosing BCH as payment. Much better announced some extra discount like 5% off if costumer paid in BCH.
If costumers request in queries for other Crypto options like BTC , ETH and Doge. Just politely respond them with BCH features of rapid transaction, low fee and minor amount payments possibility with Bitcoin cash.
Innovation pulls attractions.
We have 99.9% online shopping store / virtual stores which selling products/ services against fiat currency only. Branchless banking in digital mode has still struggle in this way and people mostly paying in cash .
The innovative opening of alternative payment in bitcoin cash will boom your business and costumers will get a new thing in virtual shopping. This edge will leave a good positive impression in sales, choice and payments.
Promote your store.
Creating a virtual store will be a flop entertainment without sales & marketing strategy. So start promoting your store on different media especially social media. Throw the posts on Facebook groups , telegram, WhatsApp groups with products and features especially tell the audience that we are the one in Pakistan accepting Crypto against shopping. Convenience the audience to buy in BCH where you are offering special discount on purchasing. Prepare good video by yourself or get hire a YouTuber to made a video about store and published it on its channel.
Keep eye on changing trends on society , weather, festivals and events to keep updated your store accordingly. A successful business opportunity waiting for you within your limits.
Thanks for reading my thoughts about the topic. If you find it interesting then like , upvote and subscribe. I will be glad to know your opinion in comments.
Follow me here,
Tweeter|readcash|noisecash|noiseapp
Lead image: pixabay ( modified)
Thanks for this information is really helpful to me