Africa leads the chat commerce drive

29th November 2019

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

Chat commerce and chat banking are revolutionising the way African companies engage and serve their customers.

The next generation of commerce enables companies to meet and engage with their clients on platforms such as WhatsApp, WeChat and Facebook Messenger without having to invest in new architecture.

“This technology has proved to be the best way to overcome infrastructure and socioeconomic challenges, and local businesses are quickly embracing the opportunity,” says Clickatell CEO Pieter de Villiers.

In view of the comparatively low Internet penetration in Africa, transacting over a chat platform is markedly easier for a population that often has limited data, with the downloading and use of applications becoming a hard sell for many companies.

While application penetration is only 18% in Africa, chat channels like WhatsApp, however, can extend penetration to 64%, which is more than a 300% improvement in reach, compared with traditional applications.

“Chat commerce is the biggest opportunity for CIOs and chief marketing officers. Serving clients on the digital platform really matters and chat commerce allows the effort to be supersized without having to lay down any new architecture,” he continues.

While China remains the undisputed leader in chat commerce, Africa and South-East Asia vie for second place.

African banks, however, have leapt at the chance to quickly and easily reach their customers, realising that brands gain and lose market share based on their ability to serve customers.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION