7 Halal Online Marketplace Success Stories [2024]
The introduction of online marketplaces has created an enormous opportunity for entrepreneurs. Experts estimate we will see tremendous innovation in building and running marketplaces in a few years.
If you are developer, you can build halal online marketplace focusing on particular religion or region. Halal marketplace offers a wide range of halal products. Starting a marketplace requires a sound strategy and knowing the best practices.
Here are some real life success stories of starting a Halal online marketplace:
1. HalalWorldDepot ($2.4M/year)
Mohamad Saad, one of the founders of HalalWorldDepot, launched the business as a side hustle to list Halal products from his father's store online. With an initial investment of $5,000 for the website and shipping materials, the company quickly gained traction and now boasts a customer return rate of 50-60% and steady profitability. The future looks promising as HalalWorldDepot continues to expand and serve the growing community of Muslims in the United States.
How much they make: $2.4M/year
How much did it cost to start: $5K
Current team size: 10
HalalWorldDepot is a Halal online marketplace that started three years ago as a meat and grocery delivery service and has now expanded to offer a wide variety of Halal products, with a customer return rate of 50-60%, profitability at 16-25%, and over 10,000 customers, with plans to expand to Canada and the United Kingdom within three to five years.
So... can you actually make money with a Halal online marketplace?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
4. Yelp
User Reviews and Recommendations of Best Restaurants, Shopping, Nightlife, Food, Entertainment, Things to Do, Services and More at Yelp
Where they're located: Los Angeles, California, USA
Website traffic: 145M/month
5. DoorDash Food Delivery
Best local restaurants now deliver. Get breakfast, lunch, dinner and more delivered from your favorite restaurants right to your doorstep with one easy click.
Where they're located: Jacksonville, Florida, USA
Website traffic: 66.7M/month
So... can you actually make money with a Halal online marketplace?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
7. Free Website Builder For Your Business
Google My Business can automatically generate a free website for you using info from your Business Profile, and you can edit it anytime.
Website traffic: 66M/month
- 4,818 founder case studies
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings