A Study of product development, consumers and sales of perfume products in an Indian start-up venture.

Authors

  • Fatima T Sayed Operations Executive, La miss Perfumes, Pune, India.
  • Saad T Sayed Student, MS (Engineering Management), Syracuse University, USA.
  • Shuaib T Sayed Product Executive, Midas Safety Products Trading LLC, Dubai, UAE.

Abstract

This paper intends to depict the product development process in a perfume startup company and the business potential for new entrants in the Indian Fragrance Market. It helps in ascertaining the current trends and demand of perfumes as a pre requisite for developing a successful perfume product. It accentuates the fact that people tend to resort to the use of concentrated perfume oils over body sprays and EDTs. Consumer response and attitude towards products of a novice brand and their expectations from perfume products has also been depicted by this study.

How to cite this article: Sayed FT, Sayed ST, Sayed ST. A Study of Product Development, Consumers and Sales of Perfume Products in an Indian Start-Up Venture. J Adv Res Oper Markt Mgmt 2019; 2(2): 1-8.

References

Fragrance industry business to touch 10,000 Crore by 2015. The Hindu, July 11, 2015.

NIIR Project Consultancy Service. Indian perfume and fragrance industry. 2015. Available at: https://www.niir.org/information/content.phtml?content=414 (accessed 24 July 2019).

La miss Perfumes Inventory. 2018. Available at: http:// www.lamissperfumes.com (accessed 24 July 2019).

Bhuiyan N. A framework for successful new product development. Journal of Industrial Engineering and Management 2011; 4(4): 746-770.

Allen B, Hamilton. New product management for the 1980’s. New York: Booz, Allen & Hamilton, Inc. 1982.

Published

2020-06-03

How to Cite

Sayed, F. T., Sayed, S. T., & Sayed, S. T. (2020). A Study of product development, consumers and sales of perfume products in an Indian start-up venture. Journal of Advanced Research in Operational and Marketing Management, 2(2), 1-8. Retrieved from https://adrjournalshouse.com/index.php/Journal-OperationalMarketing-Mgt/article/view/547