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Business Messaging

All articles tagged with #business messaging

Meta Introduces AI-Powered Tools and Verification for WhatsApp Business Users

Originally Published 1 year ago — by TechCrunch

Featured image for Meta Introduces AI-Powered Tools and Verification for WhatsApp Business Users
Source: TechCrunch

Meta is expanding its Meta Verified program to WhatsApp Business users in Brazil, India, Indonesia, and Colombia, with subscription plans starting at $14 a month. The program offers features like a verification badge, impersonation protection, multi-device usage, and custom web pages. Additionally, Meta is introducing API-based customer call services and personalized messaging for businesses. This move aims to enhance business communication and customer support on WhatsApp, leveraging its large user base to drive revenue and engagement.

WhatsApp Enhances In-App Shopping with Flows and Payment Options in India

Originally Published 2 years ago — by TechCrunch

Featured image for WhatsApp Enhances In-App Shopping with Flows and Payment Options in India
Source: TechCrunch

WhatsApp is enhancing its shopping experience with the introduction of Flows, a feature that allows users to complete tasks such as booking appointments or selecting seats without leaving the app. Merchants will have access to building blocks like text boxes and calendars to create these experiences. The company has been testing Flows with various businesses and aims to build rich experiences within the chat thread. WhatsApp is also partnering with payment gateway providers in India to expand payment options for customers. The company's revenue relies on increased conversations and transactions, and it is testing personalized messages for merchants to further enhance the shopping experience.

"Meta's WhatsApp Targets Big Businesses to Monetize its Popularity"

Originally Published 2 years ago — by CNBC

Featured image for "Meta's WhatsApp Targets Big Businesses to Monetize its Popularity"
Source: CNBC

Meta, formerly known as Facebook, is focusing on monetizing its popular messaging app, WhatsApp, by targeting large businesses. With over 2 billion users worldwide, WhatsApp has become a vital communication tool, but it has struggled to generate significant revenue. Meta aims to change that by encouraging more businesses to use WhatsApp as their primary customer communication platform. Companies pay fees ranging from a half-cent to 15 cents per conversation, depending on the type of chat and the country. Meta has been developing features like the WhatsApp Business app and click-to-message ads to attract businesses and generate revenue. However, WhatsApp's true value to Meta remains unclear, with estimated revenue between $500 million and $1 billion, a fraction of Meta's total sales. The challenge lies in finding effective ways to monetize a platform primarily used for private messaging. Despite its popularity globally, WhatsApp's user penetration in the US remains low, but Meta sees potential for growth by emphasizing data privacy and encryption features. Additionally, Meta plans to incorporate generative AI and advanced chatbots into WhatsApp to enhance business applications and customer interactions.