How to Start a Business Making Your Own Perfume

Business Overview:

If you are looking for a lucrative and unique business opportunity, consider learning how to make your own perfume. The process is simple, the supplies are inexpensive and the profit margin is amazing. Great smelling perfume sells well in today’s market, and if you can brand yourself properly you can sell your creations for as much as $125 a bottle. There are many options for marketing your perfume business and many different places you can sell your wares. You can make your own perfume and sell it in your own store or you can sell it in someone else’s spa store or boutique. You can also sell it on the Internet. Oils are readily available and cost as little as 75 cents per vial. All you need is a good nose for which scents mix well together and a computer to keep track of your inventory and finances. Then just decide where you will sell your products and you’re all set to start a successful perfume business.

A day in the life of a perfume business owner:

A typical day for a perfume business owner will vary depending on where you sell your products. If you have your own shop, you’ll arrange your products, open the store and wait for the customers to arrive and buy. You’ll spend part of each day working on your marketing plan to attract new customers. If you sell at someone else’s store, you will need to deliver any new creations to the shop. If you sell online, you’ll daily be checking for new orders. Part of your day will be spent packaging and shipping your perfume to complete orders. You will need to spend a portion of your day mixing new creations. Finally, you’ll want to check your inventory on a weekly basis. If you’re running low on oils or other supplies such as bottles, you’ll need to pick some up either at a local supply store or place an order for them on the Internet.

The Good:

• Demand for perfume is high, especially in boutiques.
• Supply costs are low; profit margins are high.
• If you brand your product line correctly, you can charge high-end prices for your perfumes.

The Bad:

• It might take some time to become skilled at mixing oils into pleasing and marketable scents.

Resources:

• International Fragrance Association
• Fragrance Materials Association of the United States
• Wikipedia on Perfume

Technorati Tags: how to make your own perfume, make your own perfume, perfume business, start a perfume business