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Will Dash Evloution be Shoppable?

Discussion in 'Development Tech Discussion' started by rafique, Jul 6, 2017.

  1. rafique

    rafique New Member

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    I think he had the right idea, I think Dash has to think in terms of ecommerce in parallel with the other fantastic stuff that it is doing because to think merchants (and I mean the big merchants) are going to start adding a new methods to their cart overnight for a technology that hasn't been proven en mass and has a steep learning curve is naive in my opinion.

    Overstock added Bitcoin as a method years ago and still we don't see adoption en mass.

    Dash needs to answer this question and this question only:

    "Where can I spend it?"

    If it can't answer that question we might as well go home.
     
    #31 rafique, Jul 7, 2017
    Last edited: Jul 7, 2017
  2. djcrypto

    djcrypto Member

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    I think a banking app (Evolution) should be separate from an Amazon app type store.
    Like Joel said, it would be a mega project and IMO having one or a few suppliers could decrease competition and increase prices.
    Merchants "will have incentives" to accept DASH, according to Ryan Taylor.
    That's enough for me ! And merchants, I believe.
    BTW already rumors that amazon will be accepting bitcoin with no incentive, so, why not DASH?
     
  3. rafique

    rafique New Member

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    The Amazon rumours have been around for years!
    Overstock accepted bitcoin before Dell etc...

    For merchants to agree to integrate DASH as a payment method in their checkout will depend a number of key factors.

    From my experience doing implementations for one of the biggest ecommerce platforms merchants asses whether there will be any benefits to their business.

    For example:

    1. Will it increase converstion?
    2. Can DASH sit along side our current payment methods
    3. How easy is it to integrate?
    4. Who pays for the integration?
    5. Are there any examples of merchants using this new method of payment
    6. Can it handle high transaction volumes

    Merchants will be reluctant to adopt a new method of payment because another merchant (Amazon) is using it unless there is a network effect of users that will lead to increased conversion at the checkout.

    ecommerce is only about conversion and every method on the market seeks to optimise the checkout experience across all plaforrms - desktop, mobile and tablet.

    Of course when I speak about merchants I am talking about enterprise websites with high transaction volumes.
     
    #33 rafique, Jul 7, 2017
    Last edited: Jul 7, 2017
  4. stan.distortion

    stan.distortion Active Member

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    Can you pull product data from merchants sites? Evolution doesn't have a client, it's something like logging into a user account with nothing to download so the "user wallet" is a web page interfacing though the DAPI and there could be any amount of them. If a merchants listings can also be interfaced via an API then there's no reason you couldn't have a one stop shop, wallet interface and merchant listings all in the one place.
     
  5. julianeon

    julianeon New Member

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    The thing about Amazon is, it's hard for a payment method change to move their massive bottom line. Plus they generally don't want to be the first mover. We may need to focus on smaller merchants first, and work our way up.
     
  6. rafique

    rafique New Member

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    I work with the Magento ecommerce framework which is one of the biggest platforms outhere and yes you can get any data from the platform in both directions. Dash will certainly need to have some sort of integration into that platform but they need to consider what merchants want not what Dash wants which is mass adoption.
     
  7. chenriquelira

    chenriquelira New Member

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    I remember Evan had said in the past that on the Evo wallet we would be able to search the merchants, but I don't remember if anything about listing was said and I think it would not be a good idea to clutter the main wallet with this, a 3rd party could do that. Also, what are you thinking with the merchants just making a listing through the dapi? They do that and would still receive on USD? And about the merchants don't willing to integrante on their ecommerce you forgot about the infinite advantages that dash have, much lower fees than CC and also you are your own bank, you would not pay taxes while using it for your sales, if a merchant doesn't want to integrante it after knowing it's advantages he's really dumb.
     
    #37 chenriquelira, Jul 9, 2017
    Last edited: Jul 9, 2017
  8. rafique

    rafique New Member

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    I don't think calling a merchant "dumb" for not wanting to integrate is a convincing argument. Rather, you have answered your own question. Merchants will want to be paid out in their local currency because their suppliers take USD, GBP or EUR as do their staff, stakeholders and shareholders - the complete supply chain!

    Failing to consider all these factors is a flaw that affects the crypto currency space because the currenct ecommerce model was built around credit card transactions and it works perfectly. Prior to ecommerce it was mailorder catalogs and telephone order or DRTV. With each new medium of transacting money the exisiting framework for selling goods and services had to change or upgrade.

    If Crypto currencies like Dash were suited to the current ecommerce model adoption would have happened or at least we would see the signs that it is going to happen. Truth is the average ecommerce customer doesn't own any Dash or earn it so have no desire to shop with it online.

    Therefore, a merchant will be smart to not integrate because there is no reason to. There is no demand for it so why add it? There maybe low fees but what good is low fees from zero transactions?

    The crypto space are fixated with being your own bank and low fees but neglect to figure out why ecommerce works the way it does. I am not having a go at the technology, my intention is to provoke thought and vision for how this project can be executed with precision so it is time to seriously think about how one change can impact something else which aslo impacts something else and so on...

    An alternative which is more realistic is to get exisitng payment methods to support DASH as a currency...
     
    #38 rafique, Jul 9, 2017
    Last edited: Jul 10, 2017
  9. chenriquelira

    chenriquelira New Member

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    If you are thinking that dash would include that on the evo wallet, just for the ones that seems to doesn't want to use the currency, you can turn around and already start thinking on your own 3rd party market place wallet, dash would never spend it's time on someone that have no interest on it's technologies, which would ultimately nullify it - if there are no advantage using dash for the merchant there won't be one for the buyers as well. And I won't even respond to the part you talk about zero transactions. I have already responded why dash would be attractive to merchants and therefore to the customers, dash doesn't needs to spend it's time for someone who can't see it's advantages - plus you can't see that the integration would be almost effortless because that's the reason it exists on the first place. For adoption, dash only needs of awareness and be on all major exchanges/easier to get. And about your alternative: seriously? You seem to don't understand why cryptocurrencies were created on the first place.
     
  10. rafique

    rafique New Member

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    I hope DASH doen't share that mentality :D!!

    Why do you think PayPal became so successful?

    Because it was bought by eBay and became the preffered payment method on the auction/markeplace website. As ecommerce and online shopping continued to grow individual merchants saw the benefit of adding PayPal to their own websites as it was used so widely on eBay where some were already selling their goods and services anyway so it was guranteed to convert well - this is known as "the network effect".

    DASH doesn't need to sell it just needs it's own eBay but a slick design and UX/UI non of the crap we've seen so far.

    The eBay/PayPal story is a really good case study.
     
    #40 rafique, Jul 10, 2017
    Last edited: Jul 10, 2017