Of course, you can generate more sales from online store using SAAS like Shopify or by selling on marketplaces, sales on WhatsApp can help you make a decent income by selling with good profit margin as expenses would be much lower.
WhatsApp is increasingly becoming popular among Indians. Now, you can leverage your social network by offering them products for sale on Whats app. Though more and more people have started selling on whatsApp, the real challenge for a layman is to integrate the payment gateway or wallet.
Sellers, especially housewives who sell products like jewellery, clothing, gifts etc. to their friends, relative and different groups are hesitant and don’t have the required knowledge. They have to ask their customers to deposit payments in their bank accounts or they collect it offline.
But now there is a super easy solution to help you overcome this barrier. You can now give option to your customers to make payments instantly. This is helpful especially when you sell out of your city.
Now you can use Instamojo, to start accepting payments on WhatsApp without any hassle. Share on WhatsApp what you want to sell and give your customers an option to pay via Instamojo (Mojo means magic). Customers too will find it easy to make payments with Instamojo. They will have options to by Netbanking, debit/credit card, wallets and UPI.
The best thing about Instamojo is that you don’t have to pay any monthly charges or set up fee. You pay when you sell. Instamojo will charge only 2% + Rs. 3 per transaction. For example, for a transaction of 500 rupees, you will receive Rs.487( rs.500-rs.10-rs.3).
You can start accepting payments in three simple steps. It only takes a few minutes to get ready to sell on WhatsApp in India
1. Sign up for free at Instamojo using your email id and phone number and by selecting a user name. You should select your business name as user name because this username is your financial identity online.
You can sign up here. There is no complicated documentation required. You only need to submit PAN card and Bank account details (Pass book or bank statement or cheque).
2. Create a payment link which has information about the product you are selling. Create multiple payment links for multiple products.
3. When you share products in WhatsApp chats, share this payment link as well so your customers can proceed with the payment.