Why Muay Thai business is a good investment
A friend called recently, asking my advice on where to put his funds (apparently he had deep wallets). Characteristically, I asked him what his interests are, and he replied “health or fitness”, then I told him to invest in the Muay Thai sport.
At first, he was surprised, but he took my advice, and now he is drawing up the plans.
Why Muay Thai?
Many people will begin to wonder why I suggested the Muay Thai sport to this friend, rather than a normal gym, fitness center, or even other sports. The truth is while everyone may have their sentiments, the general stats favor Muay Thai for now, and here is why;
- Everyone loves fitness
Walking down the streets and roads of Phuket Island, Bangkok, and so on, you will find the ecstatic faces of people leaving the gym. The love and enthusiasm for fitness are just so high that the people seem to exceed the number of fitness centers.
Furthermore, the Muay Thai sport is more than a fitness routine for most, it helps people lose weight. Something as sought after as a weight-loss routine attracts a lot of customers.
- It has the best marketing PR
Muay Thai is the most popular martial art in Thailand, and places close to it. Investors in Muay Thai worry less about marketing, as it seems to be natural these days. Every fitness person in Thailand is (usually) associated as a Muay Thai trainer.
Right6 now, The Muay Thai business in Thailand is on high momentum. It does not seem to be stopping anytime soon.
- There are many businesses linked to it.
The Muay Thai business operates as a chain with lots of other businesses linked to it. It also means lots of channels to enter into other businesses. Some of the other businesses are;
Hospitality and accommodation facility, tour guides, Muay Thai retailing, Adverts, trainers, Health personnel, and so on.
- A way to help the community
Even while making your profit from the investment, it remains beneficial o many others. Your Muay Thai business can support many local/community projects, help local communities and reach out to programs.
Fight shows/competitions are also lucrative events that can rake up a lot for the hosts.
Also, building your community is the best form of PR and marketing.
Channels to invest in Muay Thai
There are lots of ways you can invest in Muay Thai;
- Build a learning academy
Most people don’t like the idea of a gym, so they could build a camp, learning center, and so on.
- Invest in already running Muay Thai businesses
As things are getting modernized, more camps are looking for funds to expand. Upgrading facilities cost a lot, your funds will go a long way
- Import Muay Thai equipment
The retails side of Muay Thai is usually overlooked. However, it is difficult to run a Muay Thai camp without most of this equipment. Also, Muay Thai wears, fight gears, and sneakers are also great retail items.
- Sponsor a Muay Thai competition
Thailand is home to lots of foreigners hoping to get some action. Muay Thai fight competitions and events usually pull a large crowd with high returns. Suwit Muay Thai is an example of Muay Thai competitions.
In the end, whichever way you look at it, there is always gain in investing in Muay Thai.
