What Does Conversational Commerce Mean for Online Businesses?
That's more or less it in a nutshell: brands can implement Conversational Commerce to improve dialogue and overall communication with customers by using social messaging platforms and technology such as chatbots and virtual assistants. In the case of Uber, it cuts out the middleman (i.e. having to make a phone call to someone at a regular taxi office, who then calls the taxi driver and tells them where to go) and instead allows users of the app to find, order, and communicate with their driver directly and in real time, without having to exit the app at any moment.
How to Use WhatsApp Business Conversational Commerce?
Providing Widespread Personalized Assistance
Through AI chatbots, growing brands can offer quick and efficient one-to-one customer support without hiring a load of customer service staff to do the job for them around the clock. For example, customers can message your WhatsApp Business Platform with general questions about gift ideas, and you can program your AI chatbot to offer personalized suggestions and recommendations, giving them the exact information they need to find the relevant products and services in a fraction of the time.
Offering 24/7 Customer Support With Quicker Response Times
When people have a problem or a question that needs answering quickly, listening to hold music or scrolling through lengthy pages of information that may or may not be relevant to what they need to know is the last thing that they want to be doing with their time. Alternatively, you can design a FAQ WhatsApp chatbot that will instantly provide your customers with the answers they're looking for, without them having to read through the FAQs section on your website or spend time on hold with your customer service department.
Optimizing Your Customers’ Checkout Experience to Boost Sales
Studies show that just under 70% of online shopping carts are abandoned, a constant source of frustration for online retail businesses worldwide. Conversational commerce moves customer interactions online so problems that would have otherwise stopped them from purchasing can be solved quickly and easily. Here, WhatsApp allows you to program simple yet effective actions to help nudge customers in the right direction. Abandoned cart reminders and back-in-stock notifications are great examples of ideal conversion optimization techniques that can work wonders.
Why Use WhatsApp as Your Conversational Commerce Platform
First, the figures speak for themselves: people like WhatsApp and use it regularly. Recent statistics show that two billion people across the globe use WhatsApp monthly, making it the most widely used mobile messenger app in the world by quite some distance. It's considerably more reliable in terms of communication, as messages on WhatsApp have a 98% open rate & a 45-60% click-through rate - that's five times more than emails and SMS. It's also much faster than any other platform, with research showing that 70% of people will check a new message within five minutes of receiving it.
With such incredible reach and possibilities for communication, it's great news that WhatsApp is now enabling Conversational Commerce via its online Business Platform. More and more people are warming to this idea, with 68% of adults saying they're more likely to buy from a business they can message directly.
Giving Your Customers an All-Round Shopping Experience
Imagine you’re scrolling down your Instagram feed and suddenly see an ad about your favourite brand of sneakers. With one click, you can be taken to a chat within WhatsApp, where you will be provided with a completely automated shopping experience that allows you to personalize your order with your choice's colour and shoe size. Within minutes and with minimal effort, you’ve been guided through the process from start to finish, and you now have the exact product you were looking for.
We can help you make that experience a reality for you and your customers by helping you design your Conversational Commerce strategy. When you include WhatsApp Business messaging as one of the main communication channels and pillars for your eCommerce business, you make it possible for yourself to engage in dialogue with customers on a conversational level like you would in real life using an app that they're both familiar and comfortable with.