Want To Grow Your Halal Business?
Patrick Mauser
Innovative Business Expansion | Pioneering Growth Opportunities Across Borders
Top Five Things To Do To Grow Your Halal Business Globally
For the past few years, I have been thinking a lot about how small halal businesses can grow globally. This topic has gained a lot of traction lately. There are quite a few reasons behind the exponential growth of the global Islamic economy sectors such as Islamic Finance, halal food, modest fashion, Muslim tourism, and halal cosmetics/pharmaceuticals have been showing. The global Islamic economy is projected to be worth over $3 trillion by the year 2023. We need to know the reasons behind this phenomenal growth momentum. We also need to know how we, as halal businesses, can leverage our existing resources to tap into the growing halal market all over the world and establish business relations with potential business partners globally to grow our halal businesses. At afa we allocated the right resourced and a dedicated Team of Halal Certified Experts on our mission to become the market leading Halal Business Brokerage and Franchise Consultancy.
Why Global Islamic Economy Sectors Are Showing Exponential Growth?Islam is the fastest-growing religion in the world
Disposable Incomes of Muslims are Rising
Muslim consumers are becoming more vocal in their choices of goods and services worldwide
There is a huge demand but not so much supply of the products and services which these Muslims need
Top Five Things To Do To Grow Your Halal Business Worldwide
Make a great website displaying your products and services in English and any other languages being used in your target markets. If your business is successful, but not franchise ready, talk to us at afa.
Use social media marketing to find and communicate with potential halal business partners from different parts of the world
Join halal business matching platforms such as afa gold marketing to use our power to your advantage
Thoroughly understand the basic norms and laws of international trade, and, specifically the countries you want to export your products/brand to. Halal Food is more and more becoming a lifestyle choice also for non-Muslims and we see great opportunities within this market segment.
Communicate with potential halal business partners to negotiate and close business deals
An Extra Bonus Tip To Grow Your Halal Business Globally
The extra bonus tip I want to mention to grow your halal business globally is to invest in your halal brand. A well-thought-out branding strategy is going to benefit you in the long term. Once people (your potential halal business partners) start noticing your company as a reliable halal brand, they will start asking you questions, get to know more about your business and thus start doing business with you. This may be the most important tip if you are serious about your halal business and would like to take it to the next level, to create brand loyalty in the minds of your target customers worldwide.
In the coming days, and weeks we plan to discuss halal branding issues in more detail. So, please stay tuned.
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