Product Process

January February March

 
Reifying of the Business    

 
Drawing up a Business Plan    

Getting Deep into Market  

   
Research

Searching for Business  

   
Location
 
 
Branding    

 
Business Funding    

Registering Business license  

   
and Permit
 
Acquiring of Product
   
Equipments and Ingredients

 
Recruiting of Suppliers    

 
Seeking for a Chemist    

Producing the product

Advertising and Promoting

Preparing a soft opening

Company’s Timetable

Launching the Product

January – March 2022

 The table shows how we process and the months to fulfill the needs to

launch our product.

Reifying of the Business

Before we come up with our idea of having a perfume business, first, we

pick an idea that fits our fashion, goals, strengths and resources. We think

through all angles, get feedback and respond to it.

Drawing up a Business Plan

This is very important part in starting a business because it is said that a

failure to plan is a plan to fail. We consider everything we need in order to have a

successful business plan.

Getting Deep into Market Research

Failing to conduct market research in a business can have terrible

consequences on the future of your chosen business. We collect information

about our business’s target audience, costumers and buyers to establish how

applicable our product is.

Searching for Location

Searching and choosing a business location is a crucial step in starting a

business we choose the business location that is appropriate in the type of our

business.
Branding

Branding is important in marketing strategy even for small businesses

because it influences every aspect of your customers’ perception of your product.

It builds trust recognition loyalty and reputation.

Registering Business license and Permit

In registering our business license and securing business permits, our

business is legally protected. It regulates safety.

Acquiring of Product Equipment’s and Ingredients

We get specific in online searches.

Recruiting of Suppliers

In this process, we use online recruitment known as E-recruitment or

Internet recruiting to save time and money.

Seeking for a Chemist

In seeking for chemist we scrutinize their application and see to it that they

are credible and with best qualities.

Producing the product

In this process we need to cover cost, meet demand and make a product

to supply the market.

Advertising and Promoting

Advertising creates awareness of our brand. It announces our new

products and educate people about the attributes and benefits of our new

products.

Preparing a soft opening

During soft opening we need to determine our guest list, dates, offerings

and pricing details.

Launching the Product

Show several sample variations for clients to choose from and will keep

tweaking it until they get the perfect scent that satisfies their needs. We select a

uniquely shape bottles and creative and captivating packaging design that will

grab the attention of prospective buyer.