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Cryptocurrency News Articles

Telegram Embarks on Expansion to Challenge Meta's Messaging and Ad Dominance

Apr 04, 2024 at 03:02 pm

Telegram Business, launched alongside Telegram's new feature for ad-revenue sharing, introduces a suite of features aimed at businesses, including customized start pages, set business hours, preset replies, chatbots, and more. The move is part of Telegram's strategy to become profitable by 2025, with Telegram Business requiring users to subscribe to the paid Premium version to access.

Telegram Embarks on Expansion to Challenge Meta's Messaging and Ad Dominance

Telegram Embarks on Expansionary Journey to Challenge Meta's Dominance in Messaging and Advertising Landscape

Telegram Business: Empowering Businesses with Enhanced Communication Tools

In a strategic move to expand its offerings and challenge the dominance of Meta's WhatsApp and Messenger applications, Telegram has unveiled Telegram Business, an array of functionalities designed specifically for businesses. Telegram Business empowers enterprises with tailored features to enhance their communication and marketing efforts.

Key features of Telegram Business include:

  • Customized Start Page: Businesses can create a branded welcome message and display their contact information prominently, providing a professional first impression and fostering seamless communication.
  • Automated Responses: Preset replies save businesses time and effort, enabling them to respond to common inquiries quickly and efficiently. Businesses can also leverage chatbots to automate customer interactions.
  • Greeting and Away Messages: Greeting messages welcome customers warmly when they initiate a conversation, while away messages inform contacts when the business is unavailable, ensuring timely responses and managing expectations.
  • Chat Categorization: Colored labels help businesses organize and tag chats based on their nature, such as orders, deliveries, or VIP inquiries, enabling efficient management and prioritization of conversations.
  • Actionable Links: Businesses can generate links that open a Telegram chat with specific requests, such as placing an order or scheduling an appointment, streamlining customer interactions and streamlining processes.

Telegram Business is integrated within the Telegram Premium subscription model, which provides access to a suite of enhanced features. Telegram Premium has garnered significant traction, surpassing one million subscribers in 2022 and reaching a milestone of five million subscribers in January 2024. This surge in Premium subscribers indicates the growing demand for advanced messaging capabilities among users.

Telegram Ad Revenue Sharing: A New Model for Monetization

In a bid to diversify its revenue streams, Telegram has introduced an ad revenue sharing program. Public channels with a minimum of 1,000 subscribers can now generate revenue from ads displayed within their channels, receiving 50% of the advertising profits. This incentive aims to foster community engagement and reward content creators.

The ad revenue sharing program leverages toncoin, a token based on the Telegram Open Network (TON) blockchain, which Telegram has actively promoted through initiatives such as username auctions and an integrated crypto wallet. The company's foray into blockchain technology highlights its commitment to innovation and exploring alternative revenue streams.

Increasing Competition in the Business Messaging Landscape

The launch of Telegram Business and the ad revenue sharing program positions Telegram as a formidable competitor in the business messaging landscape. While Meta's applications continue to dominate the market, Telegram's focus on enhanced features and alternative monetization models could challenge their stronghold.

Apple's Apple Messages for Businesses has carved out a small niche in the market, but Telegram's vast user base and innovative features could pose a significant threat. By providing businesses with a comprehensive suite of communication and marketing tools, Telegram Business aims to provide a compelling alternative to existing solutions.

Conclusion

Telegram's strategic initiatives, including Telegram Business and its ad revenue sharing program, demonstrate its ambition to expand its presence and challenge established players in the messaging and advertising spaces. With its focus on innovation, Telegram has the potential to reshape the competitive landscape and provide businesses with compelling options to enhance their communication and marketing efforts. As Telegram continues to roll out new features and explore growth opportunities, it remains to be seen how the market will respond and whether the company can successfully disrupt the established order.

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