WhatsApp SWOT Analysis Analyzes, WhatsApp Messenger, or simply WhatsApp, is a Facebook, Inc.-owned freeware, voice-over-IP (VoIP) service, and cross-platform centralized messaging. Jan Koum and Brian Acton, who had previously spent 20 years combined at Yahoo, founded WhatsApp on Feb 24, 2009. WhatsApp was then acquired by Facebook in 2014, but it continues to operate as a separate app with a singular focus on developing a messaging service that works quickly and reliably anywhere in the world.
Did You Know? More than 29 Million Messages are Sent Every Minute a WhatsApp.
WhatsApp Messenger, or simply WhatsApp, is a Facebook, Inc.-owned freeware, voice-over-IP (VoIP) service, and cross-platform centralized messaging. Jan Koum and Brian Acton, who had previously spent 20 years combined at Yahoo, founded WhatsApp on Feb 24, 2009.
This can only be achieved through a firm with extensive knowledge, experience and innovative strategies. To determine the strengths of the company potential, weaknesses, opportunities and threats, it is necessary to conduct a SWOT analysis by WhatsApp.
WhatsApp At A Glance – WhatsApp SWOT Analysis
Company: Meta Platforms
Founders: Jan Koum | Brian Acton
Year of establishment: June 28, 1926
CEO: 2009
Headquarters: Menlo Park, California, United States
Employees (Dec 2020): 500
Ticker Symbol: FB
Type: Public
Annual Revenue (Dec 2020): US$5.5 Billion
Profit net income (Dec 2020): US$1.7 Billion Approximately
Products & Services: Free Voice Calls | Free Videos Calls | Unlimited Text | Document & Media Sharing
Company Website: www.whatsapp.com
Top WhatsApp Competitors
Competitors: LINE | Snapchat | Kakao | Viber | Telegram | WeChat | Kik | TangoMe | Skype | textPlus | BlackBerry Messenger | Zobe | Chattusa | Whisper
WhatsApp SWOT Analysis – SWOT Analysis Of WhatsApp
SWOT Analysis Of WhatsApp analyzes the brand based on its strengths weak points, weaknesses, opportunities, and threats. With WhatsApp SWOT Analysis it is clear that the advantages and disadvantages are internal factors, while threats and opportunities are external elements. Here we are going to talk about WhatsApp SWOT Analysis. Below Is The Detailed SWOT Analysis Of WhatsApp.
WhatsApp Strengths – WhatsApp SWOT Analysis
1. Huge customer base: Social media is all about the amount of users on the platform. WhatsApp has already built an enormous user base of over 700 million customers.
2. Use of superior technology Utilization of the latest technology: Technology is among the main benefits of WhatsApp because these platforms are totally dependent on the type of technology they utilize. There have been no major issues in recent times as well as the most reliable connectivity are a few aspects of the attributes WhatsApp plays.
3. Free for users 3. Free for users: The application is free for users and comes with no cost whatsoever and attracting an enormous number of users regularly.
4. Top of the mind messaging app brand: WhatsApp is the leading brand of this instant messenger app. It is the most popular app for those who use the internet-based phone and messaging.
5. Available for all platforms: The application is accessible for all operating systems iOS, Windows and Android making it accessible to everyone.
6. No major bugs in the application: There are no reports of technological issues or bugs. A reliable application that can be used for daily usage is what people want and they’re receiving it.
7. The ad-free application offers greater satisfaction to customers: Being advertising-free increases satisfaction of customers and is a major asset for the company.
8. Early mover advantage: WhatsApp is among the first to enter the instant messaging market, which means it has an advantage over competitors in the early stages of moving.
WhatsApp Weaknesses – WhatsApp SWOT Analysis
1. Data privacy is always a major concern for users: Data privacy is considered to be a constant concern for users. The company is in a position to provide a assurance solution for this.
2. Can’t work without internet access: Since it is the only requirement for the app’s functioning the app, a significant portion of people for whom internet access isn’t available is unable to be targeted.
3. No group calls: Group calls aren’t yet an option available in the application.
WhatsApp Opportunities – WhatsApp SWOT Analysis
1. Increasing internet penetration in countries with poorer economies: Ever increasing the internet penetration in developing countries is a huge chance to WhatsApp to be able to reach many users.
2. Continuous development in the technological department: Technology is being developed every day to meet the changing needs of the customers. A company such as WhatsApp has the opportunity in the front of them to design and market products that the new generation of customers is aiming to.
3. The Huge customer database could open up new revenue streams: The type of data that WhatsApp offers could be an enormous chance for them to investigate new revenue streams with the data.
4. Penetration of Smartphones: The biggest benefit of WhatsApp is the widespread and use of smartphones all over the world. This has undoubtedly helped the most popular app in the world to instant messaging.
WhatsApp Threats – WhatsApp SWOT Analysis
1. Continuous innovations in a highly competitive market Continuous innovation in a competitive market: Internet is an amazing invention, and new concepts are coming up every day. You don’t know what concept in which area of the world will be the next to destroy WhatsApp.
2. Changes in regulations to prevent negative consequences of WhatsApp communication: Every new technology comes with its own flaws and you’ll never know when someone will utilize a technology for malicious purposes. This is always a danger until the moment everything is fully evidence.
3.Low entry barriers for new users: Anybody could create a fantastic product similar to WhatsApp because it’s not an investment-driven service. The barriers are low, and make it a breeze for new players to join the game.
WhatsApp SWOT Analysis Overview Template
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