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you are spot on that current Bitcoin value is largely influenced by pump and dump, emotions, madness of the crowd. A currency that is based largely on global sales, buy and sell of goods and services will be more stable with healthy growth. Global trade is a $30trillion industry.

There are 2 main ideas from the article -

- one is the value of the currency based on trade

- second is remaining an independent payment platform away from any merchant, gov't, alien etc

Replying to Avatar Kristaps K.

twice i read about 3am's today. all i can say is...eye patches do wonders to those eye bags =) but that aside, hope everything is ok

Who's learning a new language this year and what language is it ?

happy to see more conversations around trade solutions for goods and services with Bitcoin as a representation of Bitcoin's value - this is a great step forward

nostr:note1hjptsxdzyqrvek0ds5j2gtpupmj9d7ydlw6azyr98cm3750egr4qk6kxaq

do we know which clients has the highest no of active users to the lowest ?

Sharing some of my notes on the topic of sales - this is just on the common lingo. If you are from hardcore tech background, chances are you are not going to know this (other than what's common sense and fly by the seat of your pants). Hope this helps whomever who is exploring revenue and income generation in your business plan. I'll share some of the books I've read below as well on this topic

Common Tips

1. Set sales targets - daily, weekly, monthly, quarterly, and annually

2. Sales plan: resources, budget, materials /demo kit

3. In a sales environment, you are the leader, the coach and the person who sets the standards and calls the shot (Less Democratic) - Brian Tracy

4. 20% of your activities account for 80% of your results (common Pareto principle uses in sales and everything else in life =) )

Types of sales

1. retail - goods and services to individual customers

2. outbound sales - looking for leads.

3. inbound sales – converting prospects.

4. Social Selling - social media

5. Direct selling - car booths, markets

6. Enterprise sales - sw solutions to companies

7. Channel sales - distributions

In retail finance: supply chain includes manufacturers, wholesalers, retailers, and consumers. Each player adds a profit margin to the product's cost.

Price is a key factor in the purchase of a product and plays a role in price image, market share, and customer loyalty.

Common Pricing Strategies

1. Cost-based pricing: cost + markup

2. Market-based pricing: competitive landscape

3. Value-based pricing: Perceived value.

4. Loss-leader pricing: Sell one product at a loss to boost sales, attract buyers (Also price penetration)

5. Price skimming: Start with a high price and lower it over time.

6. Dynamic pricing: Adjust prices based on market demand and other factors.

7. Premium pricing: Higher than competitors, superior

8. Freemium – free for basics + pay for premium.

9. Subscription based.

Elasticity in Pricing

1. Price Elasticity of Demand: Consumption reaction to price changes.

2. Cross Elasticity of Demand: Demand for one product changes with the price changes of another product

High-end items, cigarettes: inelastic

Milk and eggs: highly elastic.

Behaviors impact on pricing

1. Substitute products – cannibalizes other products.

2. Complementary products - encourages sales e.g., dipping sauce for chips.

3. Optimal pricing: maximize profit by taking all things into consideration: cost, competitive advantage, customer needs, operations etc.

4. Line pricing: similar or cluster prices within a product line (basic, standard, premier) for many different products

5. Markdown Pricing: gap between initial price and actual selling price

6. Size-based pricing

MSRP - Manufacturer’s Suggested Retail Price

MRP - Maximum Retail Price

Competitive price index = Our Price / Competitor’s Price (some countries have rules on this margin)

Sales funnel: Leads > Prospects > Sales

Inbound marketing: content Marketing, seo's, social media, emails, blogs, reviews, media, video (YouTube etc), podcasts

Outbound marketing: Cold calls/emails, mails, legacy media (TV, Radio), ads, trade-shows, events, billboards, networking, introductions

If you are hiring, some things to look into : base salary, commission, incentives, and benefits. If you are a super small startup, ESOS might be an option for incentives and benefits.

The line between sales and marketing has been blurring over time. These days, 70% users make their decisions even before sales efforts kicks in. That’s the power of marketing.

Some books I went through (it was ok – it wasn’t super exciting – but a lot of clarity on what to do, what not to do, common mistakes made, short cuts, the art and psychology of sales). There are a lot of sites that talks about this too.

1. They ask, you answer – A revolutionary approach to inbound sales, content marketing and today’s digital consumer by Marcus Sheridan

2. Win new customers with outbound sales by William “Skip” Miller

3. The expert guide to retail pricing by Kiran Gange

4. Secrets of closing the sale by Zig Ziglar

5. Selling 101: What Every Successful Sales Professional Needs to Know by Zig Ziglar

6. Advanced Selling Strategies by Brian Tracy

7. Sales Management by Brian Tracy

When you get your hands down and dirty, you are bound to make plenty of mistakes and that's ok. I wish someone told me that, so I am telling you that <3

If you are very familiar on the art of sales, I would love to know and learn more - whats your secret weapon, practices, do's and don'ts, books and sites etc

there are a lot of articles on people who wake up at 3am - apnea, exercise (too much / too little), stressed about something and affects you subconsciously, lifestyle choices, inconsistency in sleep pattern, melatonin disruption etc

https://www.healthline.com/health/sleep/why-do-i-keep-waking-up-at-3-am#sleeping-tips

https://youtu.be/PpIg5V0QBWQ

Replying to Avatar rejon

looking forward to it too

"If I had asked people what they wanted, they would have said faster horses." Henry Ford

Why is it that we love everything that makes Nostr special, yet we are so determined to normalise it to what's out there ?

I did not know that. Jack has high principles and I'd reckon he has solid reasons to do that. Even if it is as simple too many messaging platforms and not using Bluesky hence just de-cluttering. I think its important that a social platform built for the good of mankind welcomes all of mankind and I hope Bluesky does what it originally set forth to do.

Replying to Avatar rabble

People mostly join a network because of who’s already on it. It’s kind of the same reason immigrants tend to congregate in a single neighborhood. You go where you’re people are going.

Bluesky gives users a simple and clear value prop. Install an app, it’s like other apps you’ve used, you need an invite, because it’s so popular You get a username and password, and you can login. You posts, see posts by others, it feels like twitter. When you join, it does a good job of recommending friends to join.

There are lots of distinct communities, you could be a musician, or speak Persian, or a furry, or be a swifty. The minority who sign up and stay, stay because the find content and people they like.

https://bsky.jazco.dev/

One major issue with Nostr is that it’s only got a single cluster of users, bitcoiners. Another issue is that we’ve got so many apps, we’re confusing people. We don’t do contact / community discovery well. If you’re a bitcoiner you don’t need it, the default global feeds and top folks are your people, you feel at home, and like the content.

Lastly our system of users names with keys, it makes sense to folks who already understand crypto. You can login to the web app using this browser extension, it’s like metamask. Bluesky also uses keys for user identity, but they store those keys on a server, so users don’t need to see it.

I think we can fix these problems, but we need to work on it. We need to find ways for no-coiners to have their spaces. This is why I’m excited about the topical relays, the communities functionality, and the like. We haven’t figured it out, and we need to if we’re not going to end up being a bitcoin only space.

i think you are right and wrong.

The sign up could be easier - or the sign up process itself could be a way we enhance scarcity - how are we marketing this process ? whining all the way ? or are we sharing whats special, and unique and stands out compared to everything else ?

only bitcoin cluster ? Not a bad thing. Everything starts with niche market. then it spreads - not everyone here is "hail bitcoin" day and night - so bring it more bitcoiners, increase the bitcoiners crowd and eventually people will start talking about other things

We can chose to just tear apart nostr and make it into what people are used to. Or we can introduce something novel. But if want to introduce something nobody has done and seen, then we have to figure out the many diff ways to make it stick, to make it spread

i am only able to sign up to habla once i sign up with getalby extension. is there a diff way ?