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[MC]-Project-Nxt online store [APPROVED]  
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allwelder

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[MC]-Project-Nxt online store [APPROVED]
« on: March 27, 2014, 02:40:27 pm »

Applicant user ID
allwelder
-----------------------------
Nxt account
14698193345900192135
-----------------------------
Submission date
27 March,2014
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Short description of the project
Start an online store with accepting Nxt only for Chinese.
-----------------------------
Long description
As we know Nxt is more mature with time go,and more and more pp coming into community for helping development of Nxt.
We also see more merchant accept Nxt,but there is no shop accepting Nxt in local China.

So is my team project:  Online store accepting Nxt only for Chinese.

Current goods:
Phone shell,phone holder,card holder,Cup,notebook,mousepad,sticker...
Especially the phone shell,they are very pop in young Chinese.

All goods are useful daily commodity with Nxt logo.
-----------------------------
target audience
Chinese young pp,especially the enthusiast of cryptocurrency.

We have contacted some buyers in our QQ(most pop chat tools,like skype) group.
And we are advertising our store over many QQ group.
-----------------------------
Budget
40,000 Nxt
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deadline
The store will run from 15th Aprial,2014.

We have registered the domain name:http://www.nxtstore.com
Following plan:
1.Construct online store.
2.Contact merchant to produce customized goods with Nxt logo.
3.Advertise the store.
-----------------------------
Metrics
The sales values aim to reach 8000Nxt per month during the first 3 month.
(no profit for better promotion Nxt application)
After three month,we expect 15000 Nxt of sales values per month.
-----------------------------
All aboved,thanks.
« Last Edit: April 05, 2014, 09:58:58 am by Damelon »
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jefdiesel

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Re: [MC]-Project-Nxt online store
« Reply #1 on: March 27, 2014, 05:23:18 pm »

I like the idea, why not make an english site too?

iphone cases and keychains are always popular

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Eadeqa

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Re: [MC]-Project-Nxt online store
« Reply #2 on: March 27, 2014, 05:45:40 pm »

I like the idea, why not make an english site too?

iphone cases and keychains are always popular

What would it take to have a store (with that many items and choices) as https://www.bitcoinshop.us

 
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salsacz

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Re: [MC]-Project-Nxt online store
« Reply #3 on: March 27, 2014, 07:43:45 pm »

I like the idea, why not make an english site too?

iphone cases and keychains are always popular

What would it take to have a store (with that many items and choices) as https://www.bitcoinshop.us

now you can pay with Nxt here: http://coinverted.com/shop/ + http://bangoutlet.com/common/home
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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #4 on: March 28, 2014, 01:07:56 am »

I like the idea, why not make an english site too?

iphone cases and keychains are always popular
the concern is :
1.there are many english stores accepting Nxt as salsacz said.
2.our sales goods are relatively much cheaper compared to freight to foreign country.
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salsacz

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Re: [MC]-Project-Nxt online store
« Reply #5 on: March 28, 2014, 01:32:55 am »

"All goods are useful daily commodity with Nxt logo."

So you want to make a chinese version of shop similar to this?

http://www.nxtshop.eu/
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jefdiesel

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Re: [MC]-Project-Nxt online store
« Reply #6 on: March 28, 2014, 01:35:17 am »

What would it cost to mail a phone case? I've bought items of eBay shipped from hk and China. Seems the shipping was pretty cheap.
Also the point is to sell Nxt branded items, not restaurant gift cards.

Sent from my HTC One using Tapatalk

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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #7 on: March 28, 2014, 02:21:15 am »

"All goods are useful daily commodity with Nxt logo."

So you want to make a chinese version of shop similar to this?

http://www.nxtshop.eu/
a little similar.
We will focus on phone case,cup,key chain,notebook at first ,then wear , dress and other commodity
« Last Edit: March 28, 2014, 02:30:34 am by allwelder »
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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #8 on: March 28, 2014, 02:26:48 am »

What would it cost to mail a phone case? I've bought items of eBay shipped from hk and China. Seems the shipping was pretty cheap.
Also the point is to sell Nxt branded items, not restaurant gift cards.

Sent from my HTC One using Tapatalk
The cheapest express from China Beijing to USA NY is about 10 USD.
If with TNT or DHL,will cost more than 20USD.
However our goods ,such as phone case is about 10 USD.
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Damelon

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Re: [MC]-Project-Nxt online store
« Reply #9 on: March 28, 2014, 09:04:13 am »

I'm a business guy myself.
Seeing that this is a business, is this a loan or a gift?

I have no problems with giving Nxt for a start-up, and I do see the value of getting businesses started.
However, it isn't common practice to "give" things to companies that plan to run a profit. :)

Can you clarify this?
Do you have a business plan where we can see expected investments/profits?


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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #10 on: March 29, 2014, 07:54:49 am »

I'm a business guy myself.
Seeing that this is a business, is this a loan or a gift?

I have no problems with giving Nxt for a start-up, and I do see the value of getting businesses started.
However, it isn't common practice to "give" things to companies that plan to run a profit. :)

Can you clarify this?
Do you have a business plan where we can see expected investments/profits?
The first stage (~6 month):
During this stage,the store is somehow for application and promotion of Nxt,and will have no profit.
And the sales goods will all be with only Nxt logo for better promotion of Nxt.

Second stage:
We will increase category of goods not only with Nxt logo,but also other crypto logo,such as BTC,ETH and so on.
And our goods will focus on more daily commodity,such as hat,bag,dress,T-shirt,USB disk,game card and so on.

So we expect to have more profit at this stage.

At the same time,we are insulting to register a company in China to run and cooperate business more effectively.
www.nxtchina.org will focus on news and discussion to attract more pp.
In order to broadcast more effectively,we will recruit 6~10 part-time members(including some university students)  let more pp(especially young pp) know about Nxt,our forum and store.

We will pay them with Nxt or NxtChina shares.

So www.nxtstore.com will have more stable customers group from the aboved forum.

This is our current outline,and we will add more ideas to make our store and forum pop.
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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #11 on: March 30, 2014, 11:03:52 pm »

And our team member consist people of Taiwan,we can also sell some featured goods of Taiwan .
Sounds good. :)
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seek4dream

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Re: [MC]-Project-Nxt online store
« Reply #12 on: March 31, 2014, 09:17:52 am »

Looking forward to it.
Make sure the product is of high quality, higher price will be acceptable.
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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #13 on: March 31, 2014, 12:47:25 pm »

Looking forward to it.
Make sure the product is of high quality, higher price will be acceptable.
YEAH
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Damelon

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Re: [MC]-Project-Nxt online store
« Reply #14 on: March 31, 2014, 05:35:41 pm »

Why I asked about the profit is that this would be "subsidising" a profit making venture.

Would you be open to setting this up as a "loan"? Like when it starts turning a profit, at some point there would be some payback?

Just feeling around to determine for myself where my unease with it is.
I'm not completely sure.
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allwelder

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Re: [MC]-Project-Nxt online store
« Reply #15 on: April 01, 2014, 01:37:13 am »

Why I asked about the profit is that this would be "subsidising" a profit making venture.

Would you be open to setting this up as a "loan"? Like when it starts turning a profit, at some point there would be some payback?

Just feeling around to determine for myself where my unease with it is.
I'm not completely sure.

Yes,Damelon ,you are right.
Our team set this as a loan,or we can regard this as part of Venture capital.
And we will return the loan gradually or sharing our profit  proportional.

Another,our team are also discussing to implement a platform where anyone can start their shop like ebay or taobao,and our platform will set Nxt as payment default.
So we expect to promote Nxt application to a larger extent and earn profit at the same time.
« Last Edit: April 01, 2014, 01:41:21 am by allwelder »
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Eadeqa

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Re: [MC]-Project-Nxt online store
« Reply #16 on: April 04, 2014, 06:02:39 pm »


Another,our team are also discussing to implement a platform where anyone can start their shop like ebay or taobao,and our platform will set Nxt as payment default.

Ebay like store is hard to run with crypto. You need to provide escrow so the buyer is satisfied before money goes to seller, as otherwise, high risk of fraud for the buyer as transactions can't be  canceled.
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Damelon

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Re: [MC]-Project-Nxt online store [APPROVED]
« Reply #17 on: April 05, 2014, 09:59:49 am »

This project has been approved. Congratulations :)

Voting thread to be found here: http://www.damelon.nl/mcforum/index.php?topic=23.0

Allwelder, can you tell us how you want to proceed?
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Re: [MC]-Project-Nxt online store
« Reply #18 on: April 06, 2014, 12:21:45 am »


Another,our team are also discussing to implement a platform where anyone can start their shop like ebay or taobao,and our platform will set Nxt as payment default.

Ebay like store is hard to run with crypto. You need to provide escrow so the buyer is satisfied before money goes to seller, as otherwise, high risk of fraud for the buyer as transactions can't be  canceled.
Yes,you are on the point.
There will 3 payment methods.
1.Buyers can select to send nxt to sellers directly with a warning in red color that they may lose nxt if they not choose escrow.
2.Buyers can also choose our nxtstore website as escrow and send nxt to us,and the system will inform seller to deliver the goods to buyer.
After the buyer check have received goods or after some time(say 7 days),our website will send nxt to seller automatically if no dispute between them.
3.Buyers can choose send nxt to seller after receiving the goods,if only the seller agree this payment.

So,if there is a nxtpay like bitpay,we will be much easier.



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allwelder

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Re: [MC]-Project-Nxt online store [APPROVED]
« Reply #19 on: April 06, 2014, 12:35:19 am »

This project has been approved. Congratulations :)

Voting thread to be found here: http://www.damelon.nl/mcforum/index.php?topic=23.0

Allwelder, can you tell us how you want to proceed?
Thank you ,Damelon,and all of other MC memebers,for your support.

Now,we have implemented the basic frame of nxtmall.
we are coding the payment methods,returns of goods,automatically payment to send,store style,and others detailed things,it will last about 3 weeks.
After that,we will invite some ppl to test the system ,especially the escrow and delivery.
This will need about 2 weeks.
During this period,we will enlarge the promotion of nxtstore at the same time for more pp to know about this.

If the test go well,we will start to open formally.
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