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- WhatsApp - WhatsApp steps into the world of businessWhatsApp has launched a version of the popular messaging , just to make sure businesses don’t actually have to talk to those pesky face-to-face, reports Telecoms.com (FinTech Futures’ sister publication).

The move should not come as a surprise as the man on the street either doesn’t have the time to talk to businesses on the phone, or quite frankly doesn’t want to. The resentment of conversation goes both ways.

“People all around the world use to connect with businesses they care about – from online clothing companies in India to auto parts stores in Brazil,” the company says.

“But WhatsApp was built for people and we want to improve the business experience. For example, by making it easier for businesses to respond to customers, separating customer and personal messages, and creating an official presence.”

On the app companies will be able to create their own profiles, create quick replies to frequently asked questions, automated messages, split personal and business messages, and even spam potential customers to “introduce” them to the business. The idea does seem to be a continuation of Facebook’s wider strategy to monetise small businesses.

WhatsApp owner Facebook has been increasing the emphasis on smaller and medium size businesses to continue the extraordinary growth it has seen over the last decade. Whether this is helping local plumbers to engage with the local community or a fintech start-up to reach the next continent, the strategy has been a success. Taking WhatsApp down the same route would be a sensible plan.

The pilot scheme was introduced in September last year, with the intention of being free for smaller organisations, while WhatsApp will monetise through relationships with the larger enterprise customers. In short, the more message you are likely to send, the more you’ll pay. There is potential for sponsored messages here, as there were updates to the T&Cs last year which opened the door for greater flexibility in advertising solutions.

The new business version of the app is now available in Indonesia, Italy, Mexico, the UK and the US, and will be introduced in new countries before too long.



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