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The 21st Century Innovative Marketing Strategies for Halal Entrepreneurs in the Various Segments of the Halal Industry

In: Contemporary Discourse of Halal and Islamic Entrepreneurship

Author

Listed:
  • Shukurat M. Bello

    (Bayero University Kano)

  • Muazu Hassan Muazu

    (Bayero University Kano)

Abstract

In today's global marketplace, the halal industry has become a vital player, and innovative marketing strategies are essential for entrepreneurs to succeed. This paper aims to provide insights into twenty-first century innovative marketing strategies for halal entrepreneurs in various segments of the halal industry. The chapter utilizes a qualitative research approach, including a literature review and a discussion of innovative marketing strategies. It discusses the background and importance of Halal industry, reviews relevant literature on innovative marketing strategies for Halal products, and presents a discussion on the effective marketing strategies for Halal entrepreneurs. It was found that digital marketing, social media marketing, and influencer marketing are critical marketing strategies for halal entrepreneurs in the twenty-first century. Other strategies include mobile, programmatic, and video marketing tactics. To succeed, businesses must prepare for innovation and technology, build scalable, digitally enabled business models, and implement marketing strategies that resemble a customer's preferences. Moreover, the chapter recommends halal entrepreneurs to consider local culture and trends when implementing marketing strategies.

Suggested Citation

  • Shukurat M. Bello & Muazu Hassan Muazu, 2023. "The 21st Century Innovative Marketing Strategies for Halal Entrepreneurs in the Various Segments of the Halal Industry," Springer Books, in: Lukman Raimi & Salisu Monsuru Adekunle & Muhammad Salman Shabbir (ed.), Contemporary Discourse of Halal and Islamic Entrepreneurship, pages 223-235, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-6427-7_15
    DOI: 10.1007/978-981-99-6427-7_15
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