WhatsApp launches 'WhatsApp Business' to target small business

WhatsApp has launched a new service WhatsApp Business, aimed at small businesses that have thus far been using their accounts meant for individuals, a move that brings it closer to monetising its free platform. While the focus, at present, is to get small business on the platform for free, the firm plans to charge them in the future, reports ET.
 
According to the ET report, the app has been launched on Google Play in Indonesia, Italy, Mexico, the UK and the US on Thursday, and will be launched around the world in the coming weeks. 
 
"Through our research, we know that over 84% of small businesses who use WhatsApp in India think that it helps them communicate with their customers, and 80% of them think that it helps them grow their business," WhatsApp chief operating officer Matt Idema told ET in a phone interview. 
 
"People can continue using WhatsApp as usual — there's no need to download anything new. And people will continue to have full control over the messages they receive, with the ability to block any number, including businesses, as well as report spam," the company said in its blog. 
 
As per the report, WhatsApp Business gives users a verified green checkmark badge next to account name. Businesses will be able to create a company profile with information such as address, business hours, and description of product or service offered. Its messaging tool will help businesses manage consumer chats -- quick replies that provide fast answers to frequently asked questions, greeting messages that introduce customers to your business, and away messages that let them know you're busy. It also has a web interface. 
 
ET reported that WhatsApp could go live with its much-awaited payments feature as early as next month. Idema did not comment on the possibility of the platform evolving into a mobile-commerce engine. 
 
"We see that customers and businesses are using it to help sell products. But there is not commerce capability in the app right now. We can't comment specifically for that feature," Idema added.