WhatsApp Launches SMBSaathi Utsav To Help Small Biz Adopt Digital Mediums

India today announced SMBSaathi Utsav - an initiative that aims to support small businesses by helping them adopt digital mediums such as the Business App to run their business.

SMBSaathi Utsav has kicked off with a pilot in Jaipur’s Johri Bazaar and Bapu Bazaar where over 500 small businesses are being trained on various aspects of running their business online. Launched in collaboration with Josh Talks the intent of this initiative is to educate and help small businesses unlock the potential of their business through .

India is home to approximately 6.3 Cr MSMEs accounting for 30% of the country’s GDP and employing over 110 million people at present. During the pandemic, these businesses were severely affected witnessing a 20-50% decline in their overall earnings. One of the major reasons behind this fall was the lack of market access, said a press statement from WhatsApp.

To help these businesses revive from this downturn, WhatsApp launched the SMBSaathi initiative earlier this year, which showcased inspiring stories of business owners across India who pivoted to digital ways of doing business during the pandemic. For many of these businesses WhatsApp was their first digital gateway and an easier and more effective alternative to building and maintaining a website. The SMBSaathi Utsav is the second phase of the SMBSaathi campaign.

Abhijit Bose, Head of WhatsApp India said, “We are excited to launch the SMBSaathi and SMBSaathi Utsav programmes dedicated to India’s small business community. Small businesses are the backbone of our economy and technology has the potential to further boost their business. During the pandemic, we saw several small business owners thriving by using simple platforms such as WhatsApp Business App to stay connected with their customers. We are committed to finding new ways of increasing awareness about simple digital tools for businesses to support and celebrate the spirit of entrepreneurship and innovation in India.”

As part of the SMBSaathi Utsav, trained volunteers are providing one-on-one digital training to businesses in Johri Bazar and Bapu Bazaar in Jaipur. These trainings involve educating the business owners about building a digital presence on the WhatsApp Business App to help them better manage incoming leads and queries, build a product/services showcase and market to key audiences using online tools.

Businesses across sectors such as traditional arts and handicrafts, jewelry, fashion and apparel, food and beverage outlets and several others are being trained on using the various features of the WhatsApp Business App and are being guided on how they can market their product to the right audiences.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more

The Role Of Central Banks In Global Economy

The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more

History Of Banking Evolution In The 21st Century

Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more