Comviva NewsLetter The Futurist - September Edition, 2019 | Page 9

9 DIGITAL DISRUPTION SEPTEMBER 2019 Why SMS is still in the running SMS have been around for over 30 years Approximate number of SMS sent every day – 22 billion Number of people responding to SMS – One third SMS’ are responded to SMS have noticeably higher open rate than email 90% vs 25% However SMS hasn’t evolved at all to keep up with changing customer expectations and business marketing needs. Why? Simply put, because messages are still text-based. It would be a bit of an understatement to say that consumers today are empowered, not to mention digital natives. Naturally then, they require (and are seeking) a plethora of content and targeted marketing messages, on their terms, of course. It doesn’t end there- the content has to be tailored to suit their requirements, in a convenient way, needless to say. Therefore, applications like WhatsApp, Facebook Messenger, iMessage, WeChat, Slack, Skype, Viber, Android Messages, et all, fill that gap with an experience that builds on SMS. They assist in sending the right message, at the right time, employing the right media that is relevant, visually appealing and engaging content. It’s no wonder that these feature-rich applications have taken off. This is where Rich Communication Services (RCS) comes in. It enables text messaging to be as engaging as WeChat, WhatsApp, et all. Not just that, it provides “reach” worthy of SMS and MMS. The result-a plethora of opportunities to seamlessly engage with customers! Rich features like photo and video sharing, map directions, location sharing, among others is perfect for businesses looking to engage with consumers in increasingly ’sticky’ ways. As a quick reckoner, RCS is a next-generation SMS protocol being championed by industry heavyweights such as the GSMA, Google and Android, Samsung, and their ilk. And for businesses, the recently released RCS Business Messaging opens even more doors for customer engagement, marketing, and sales.