A Guide To WhatsApp Business and its Benefits in 2024

A Guide To WhatsApp Business and its Benefits in 2024
Still haven’t set up a WhatsApp Business account? Discover some of the benefits of the WhatsApp Business API, from engaging customers to direct selling, here.
Mar 08, 2023 — 5 min read
A Guide To WhatsApp Business and its Benefits in 2024

What are your top business priorities for 2024? You probably have a plan in place to optimise engagement with prospective customers on social media and looking for more ways to stand out among your competitors. You’ll want to make yourself more easily available, and deliver a more convenient and immediate experience for customers. And, of course, you’ll be thinking about ways to open up new revenue streams.

If you’re one of the 2 million users that relies on the messaging platform WhatsApp, you may already be aware of its superior security measures, ease of use and cross-platform functionality. But did you know that it can also prove a formidable business tool?

With a Whatsapp Business account, you can take the legwork out of managing customer communications, integrate with CRMs and other business tools, and even sell directly through the platform. Best of all, a lot of its features are completely free to use. Read on to find out more.

What is a WhatsApp Business account?

A business account on WhatsApp works in a similar way to the same application that many of us use for our personal communications, albeit with a suite of features designed to help businesses better communicate with and market to their customers.

It’s free to download from the Apple and Google Play stores, and offers the same simple and intuitive interface as a regular Whatsapp account.

What’s the difference between a personal WhatsApp account and a WhatsApp Business account?

The primary difference between WhatsApp and WhatsApp Business is that the latter allows users to set up and verify a business profile that is unique to their company. This profile can be used to provide customers and prospects with key information like your email address, phone number, the location of your physical premises (if you have one) and your opening hours. An image and description of your business can also be used to help customers identify you. WhatsApp Business can be accessed through laptops as well as smartphones via WhatsApp Web.

WhatsApp Business features explained

Open WhatsApp Business and you’ll find a suite of features that will make it easier to communicate with customers, strengthen your customer relationships and promote lasting loyalty. With billions of active users around the world, a WhatApp Business account is a great way to ensure that your call to action is heard by today’s customers. Below we delve into some of the top features.

Organise your contacts

As your business grows, so will your customer directory. When you open a WhatsApp Business account, you gain access to some basic CRM functions that allow you to better organise your contacts. A range of categories can be used, such as:

Stats and metrics

A WhatsApp Business account also provides access to data that can be measured against the performance metrics that matter most for your business goals in 2024.

Users can see how many messages they have sent, how many have been delivered and how many have actually been read. All of this can be quickly gleaned from the ‘Statistics’ tab in the app’s ‘Business settings’ menu.

Product catalogues

Your WhatsApp Business account is also a useful way to showcase your products for customers by creating product catalogues that may be perused in-app. Products can be listed easily, including the product’s name, a brief description and an enticing image. Items can even be sorted into collections to make it easier for customers to find the types of product they’re looking for and increase your upselling opportunities.

Faster and more efficient communications

WhatsApp Business facilitates faster and more efficient customer communications through automation. This can streamline customer interactions and ease the pressure on customer-facing employees.

Commonly-used examples include:

Facebook Shops integration

As well as showcasing your products in a catalogue, you can also facilitate purchases. Businesses that have Facebook shops can sell their wares directly through the WhatsApp Business app by integrating their accounts.

This is quick and easy to do. Simply:

Even if you don’t have a Facebook shop, you can still make it easy for customers to buy through your WhatsApp Business account by linking to your eCommerce store. There are two ways to do this. Either you can get a third party to develop interactive CTA buttons that take users directly to your website. Alternatively, you may include links to product pages in the respective product descriptions in your WhatsApp catalogue.

WhatsApp Business API explained

The beauty of opening a business account on WhatsApp is that it’s quick, easy and intuitive to set up. However, it is designed primarily with SMEs in mind. Larger companies may face issues with scalability. Hence why the WhatsApp Business API was developed in 2018 to help larger businesses to communicate with greater volumes of customers at scale.

The API empowers businesses to customise the way in which they communicate with their customers and prospective clients with greater emphasis on automation (including chatbots, interactive messages and automated replies).

WhatsApp API does not have a front-end to interface with, so can only be accessed via WhatsApp Business Solution Providers (BSPs). These are third-party service providers who build their own solutions on top of the API.

Here’s a brief summary of what the WhatsApp Business API does that the app doesn’t:

Should I use WhatsApp Business API or app?

While the WhatsApp Business API features a greater range of capabilities, it is also more complicated to use than the app and requires the intervention of a BSP. Generally speaking, small businesses with a handful of employees will be perfectly well served using the WhatsApp Business app. As their companies grow, however, adopting the API may help them to better communicate with their growing customer base at scale.

The WhatsApp Business API is best suited to businesses that:

How to make a WhatsApp business account

Setting up a WhatsApp Business account is fairly quick and easy.

Simply:

 

Incorporating WhatsApp Business into your operations can add a valuable string to your bow that may help you to accomplish your business goals, engage your target audience, and make your call to action heard in 2024.

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