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Facebook FB WhatsApp internet messaging service lately launched WhatsApp Business, that will assist small businesses to connect easily with clients. The free-to-download application is currently available in Indonesia, Italy, Mexico, the UK and the US. Per Reuters, the service will roll out to other nations in the upcoming weeks. Facebook is also expected to launch an iOS version of the application in the future. Customers can utilize the WhatsApp Business application to collect details about businesses including store addresses and website. 

Messaging tools like quick responses, greeting messages and away messages are expected to smoothen business client relationship. Monetization of WhatsApp: Key Focus - WhatsApp Business is likely to be the initial step to monetize WhatsApp internet messaging service, that Was obtained by Facebook in the year 2014 for almost $19 billion. 

The messaging service used to charge $1, that was dropped in 2016. Since Whatsapp does not show advertisements it currently makes no money. Facebook, Inc. Price and Consensus - Nevertheless, the lack of advertising has been the key growth factor for the expansion of WhatsApp's user base. The service currently has approximately 1.3 billion monthly users, significantly up from 450 million users during the time of its own acquisition by Facebook. WhatsApp now boasts 1 billion each day active users. India Missing From the First Slot - It is mind-boggling to note that India - WhatsApp's largest market - is missing from the first slot of nations where the company application was launched. 

Reportedly, WhatsApp had over 200 million monthly active users in India as of Feb 2017. We notice that Facebook has been considering to venture to the Indian digital payments Marketplace through WhatsApp. Per reports from FactorDaily, quoted by thenextweb.com, the company's employees within the country are currently testing a peer-to-peer payment feature in the application. Nevertheless, the business is reportedly not testing any tool that enables merchant transactions. We expect WhatsApp's payment service to face significant competition from Alibaba BABA backed Paytm, Google's Tez and India government's BHIM application together with smaller players like Tencent backed Hike Messenger, Reliance's Jio Money, and Ola Money. 

Also Read:- Whatsapp is finally let you delete sent messages:How it works
WhatsApp Business App will make it simpler for businesses to connect with clients, and more convenient for our 1.3 billion users to chat with companies that matter to them. Accounts should include site addresses and a company description. The application comes including answers that could send answers, alongside messaging tools.So, it's really helpful for Small Businesses to grow and to directly communicate with their customers.

1 comment:

  1. Very informative article, Which you have shared here about the whatsapp business app. I will share it with my other friends as the information is really very useful. Keep sharing your excellent work. If anyone looking to download WhatsApp Business for Android, appsformob is a good choice.


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