"Transform your client engagement with WhatsApp: Capture leads, enhance communication, and drive growth in fintech and professional services—all in real-time, directly where your clients are!"
Whatsapp Engagement:
7 Figure Whatsapp Launch & Automation Tools
History of WhatsApp in Business Communication
WhatsApp has emerged as a transformative tool for the fintech and professional services sectors, providing innovative communication solutions that enhance customer engagement and operational efficiency. Here's a detailed overview of its evolution and current applications in these industries.
WhatsApp was founded in 2009 by Brian Acton and Jan Koum, initially serving as a messaging application that allowed users to send text messages, images, and videos over the internet. Its user-friendly interface and end-to-end encryption quickly garnered a massive user base, leading to its acquisition by Facebook in 2014 for $19 billion. Over the years, WhatsApp has introduced various features, including voice and video calls, group chats, and status updates, which have solidified its position as a leading communication platform.
Early Years: 2009-2013
WhatsApp was founded in 2009 as a simple messaging platform. Initially focused on personal communication, it gained popularity due to its user-friendly interface and encryption features. By 2013, with over 200 million users, businesses began to explore its potential for customer engagement.
2014: Acquisition by Facebook
In 2014, Facebook acquired WhatsApp for $19 billion. This acquisition provided the platform with the resources to enhance its features and expand its user base, paving the way for future integrations into business models.
2015: WhatsApp Business API
In 2015, WhatsApp launched the Business API, allowing medium and large businesses to communicate with customers at scale. This development was crucial for industries like fintech and professional services, where timely communication and customer support are essential.
2018: Introduction of WhatsApp Business App
The WhatsApp Business App was launched as a free tool for small businesses. It offered features like business profiles, quick replies, and automated messages, enabling small firms in fintech and professional services to enhance customer interactions.
Recent Developments: 2020-Present
2020: Enhanced Security Features
WhatsApp introduced end-to-end encryption for business accounts, ensuring that sensitive financial information shared between fintech companies and clients remains secure. This was particularly vital for industries handling confidential data.
2021: Advanced Messaging Tools
WhatsApp added features such as message templates and interactive buttons, which allow businesses to create more engaging and effective communication. These tools enable fintech and professional services to provide personalized assistance and streamline client interactions.
2022: Focus on Automation
The platform has increasingly focused on automation, allowing businesses to set up chatbots and automated responses. This feature is crucial for fintech firms that need to handle large volumes of inquiries efficiently.
Until September 2021, business weren’t allowed to send marketing messages to their contacts using WhatsApp broadcasts. Only transactional messages and customer service conversations were allowed. Now , you can finally use WhatsApp for marketing in addition to email, chat-bot and SMS marketing in your conversational marketing strategy.
In year 2022, messaging apps like WhatsApp offer a direct channel of communication where conversations are continuous and rarely terminal. It allows brands to seamlessly connect with their ideal customers and, in addition , reduce operational costs , improve customer satisfaction, among others.
WhatsApp Community function introduced in November 2022 . Kindly click the official announcement on Community and Community Annnouncement Group
The WhatsApp Community new feature offering larger, more structured discussion groups that first entered into testing earlier year 2022. Designed to help organizations, clubs, schools and other private groups better communicate and stay organized, Communities bring a number of new features to the messaging platform, including admin controls, support for sub-groups and announcement groups, 32-person voice and video calls, larger-file sharing, emoji reactions and polls.
Communities themselves can support groups of up to 1,024 users and offer end-to-end encryption. Communities like neighbourhoods, parents at an education institute, and workplaces can connect multiple groups together under an umbrella to organize group conversations on WhatsApp. Once you’re in a WhatsApp community, you can easily switch between available groups to get the information you need when you need it. Admins can send important updates to everyone in the community. Example: a University Community, can have sub-groups (School of Economics, School of BioScience, School of Mathematics etc)
Other Key features update in the year 2022 and the year 2023 :
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New features to enhance privacy—allowing users from the community group to leave the group silently, controlling their online presence, and blocking screenshots for viewing once messages.
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Users can hide their profile pictures, status updates, and last-seen statuses from specific contacts. When ‘My Contacts Except…’ is selected, information about status, profile pictures, and Last Seen is hidden from the contacts in the exceptions list. This means that users have greater control over who can see their information.
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Clickable links on WhatsApp status: A small but useful change will soon enable hyperlinking URLs in the caption in the status updates for WhatsApp Status. As a result, WhatsApp users will be able to share links to their own websites, pages and other attractive websites. Viewers will be able to access these websites by simply clicking on the links, and the websites will open in a new tab or window
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New tool tab on WhatsApp Business: On the app’s home screen, a new tab will be available for WhatsApp Business users. Business customers will have a single portal where they can immediately access Business Tools without having to go through the in-app settings, The Business Tool tab, which replaces the camera item profile and Facebook and Instagram ad connectivity.
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3D Avatars on WhatsApp (updated on December 7 2022)
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Find, Message and Buy on WhatsApp (updated on November 17 2022)
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WhatsApp's big redesign takes shape in latest beta (updated on September 27 2023)
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WhatsApp Channel launched globally (updated on September 27 2023)
How to create a WhatsApp Channel? click here
People want a convenient way to quickly get assistance from the millions of small businesses and tens of thousands of brands already on WhatsApp.
The seamless checkout (buying) experience will be a game-changer for people and businesses looking to buy and sell on WhatsApp without going to a Website, opening another app, or paying in person.
WhatsApp Recent Developments in Fintech
WhatsApp has made significant strides in integrating fintech capabilities into its platform in recent years. The introduction of WhatsApp Pay in select markets allows users to send and receive money directly through the app. This feature leverages UPI (Unified Payments Interface) in India and similar payment systems in other countries, making transactions seamless and accessible.
Additionally, WhatsApp has partnered with various financial institutions and fintech companies to enhance its payment services. These collaborations aim to provide users with a secure and efficient way to manage their finances, pay bills, and conduct peer-to-peer transactions without leaving the app.
WhatsApp Advancements in Professional Services
WhatsApp's impact on professional services has also been noteworthy. The platform has become a vital tool for businesses to communicate with clients and colleagues in real-time. Features such as WhatsApp Business allow companies to create profiles, automate responses, and manage customer inquiries effectively.
Moreover, WhatsApp's API enables businesses to integrate the messaging service into their customer relationship management (CRM) systems. This integration facilitates better customer engagement, enhances service delivery, and streamlines communication processes.
Benefits for Fintech and Professional Services
The developments in WhatsApp's fintech and professional services capabilities present several advantages:
Enhanced Accessibility: With billions of users globally, WhatsApp provides a familiar and accessible platform for financial transactions and professional communication.
Improved Customer Engagement: Businesses can interact with customers in real-time, addressing inquiries and providing support more efficiently.
Cost-Effective Solutions: WhatsApp's services can reduce the need for traditional customer service channels, leading to cost savings for businesses.
Secure Transactions: The platform's end-to-end encryption ensures that financial transactions and sensitive communications remain secure.
Streamlined Processes: Integrating WhatsApp into existing workflows can enhance productivity and reduce response times in both fintech and professional services.
WhatsApp's evolution from a simple messaging app to a robust platform for fintech and professional services marks a significant shift in how businesses and consumers interact. By leveraging its extensive user base and innovative features, WhatsApp is poised to continue transforming the landscape of financial transactions and professional communication, making these processes more efficient and accessible for everyone involved.
Introducing WhatsApp New Launch Tool
7 Figure Sales with WhatsApp Launch Management Tool
The tool that will revolutionize your Launch and your WhatsApp Customer Support
Automation for message delivery in the most complete and advanced Launch management system for WhatsApp
Successful launches have several key factors:
Success Key Factor #1
Reach a large audience before the launch to create excitement about the product or service.
WhatsApp is the most popular social media app in the world with over 2 billion users worldwide. By using the WhatsApp Launch Management Tool, you will be able to reach a large audience to conduct your pre-launch activities and create excitement about the launch of your product or service.
Success Key Factor #2:
Create momentum up to the launch date to engage and educate your potential customers about your product or service before the launch.
With the WhatsApp Launch Manager Tool, you can preset a variety of messages that will go out on your pre-launch schedule. Send them text, video, or audio messages to engage and educate about your product or service. No time to create messages ahead of time? With an audio recording system built into the tool, you can create audio messages on the fly and add them to your schedule. Your product…your message…your schedule to create the perfect launch.
Success Key Factor #3:
Support after the launch is critical to ensure retention of sales or follow-up with potential customers to make the sale.
Embedded into the WhatsApp Launch Management Tool is a powerful support system that allows a support team to assist those before or after the sale. With the ability to create multiple departments, message individually, and control all activities with a complete admin panel, you will revolutionize not only your pre-launch activities, but also your support system after the launch.
Join us for your next launch and get ready to skyrocket your results with the powerful WhatsApp Launch Management Tool! Find out more Click Here
WhatsApp Launch Manager tool handled more than 5.3 million users in WhatsApp Group - check it out here
How to use WhatsApp Launch Manager tool tutorial - check it out here
5 Features You Need for your Next Launch
Feature #1:
Automated Message Delivery
Create an automated system of delivering your information about your launch…set it and forget it! No worries about sending the messages out on time.
Feature #2:
Send Multiple Message Types
You can choose the type of message you send out to your leads. Text, audio, video, or a combination of all of them throughout the launch period. Your message…your style…delivered automatically based on your schedule.
Feature #3:
Automated Group Creation
Solve the problem of the 250-member group size in WhatsApp! The WhatsApp Launch Management Tool will monitor group size and if it reaches the threshold you set, it will “automatically” create additional groups to make sure everyone that wants to be a part of your launch can join a group.
Feature #4:
Customer Service and Support
You heard that right! The WhatsApp Launch Management Tool has a customer service and support system baked into it that allows you to organize, plan, and redirect conversations for full admin control. Service existing customers and close more sales on potential customers!
Feature #5:
Manage your Service and Support Team
With a full admin panel, you can manage your service and support team with ease.
As you can tell, this is a feature-packed and powerful software that is ready to take your next launch to the next level. It is a complete launch system from pre-launch to post-sale.
WhatsApp Launch Tool—check it out here
For other tools , please check out at Tools for Customer Engagement
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