22/07/2021
Perfume Oils; What are they?
Perfume oils are blended synthetic aroma compounds or natural essential oils that are diluted with a carrier like propylene glycol, vegetable oil, or mineral oil.
These oil fragrances are in high demand, as many people believe that they last longer on the skin than regular spray-on/alcohol-based perfumes.
Why people are buying
Oils are more concentrated with fewer fillers. As a result, they stick to the skin longer and do not contain dehydrating chemicals.
Also, since they are being sold in small bottles, they come at affordable prices (some sell each bottle for as low as N600), so people can easily buy 5 bottles of different fragrances for different occasions. As the bottles are handy, people can carry them anywhere, even in small bags, unlike the bigger more expensive alcohol-based perfumes.
Why you should venture
It is an ideal business to venture into, as it requires low capital to start. Repeated sales are guaranteed since they are beautiful fragrances at pocket-friendly prices. Also, it is a business that does not require renting a shop. As they are packaged in small bottles, one can carry as many as twenty bottles in a bag, and everywhere you go becomes your market; with an active online presence, your market size becomes larger.
It is profit worthy
She further narrated that she resold the perfumes at N1000, N900 and N850 each, depending on the bargaining power of the customer. But at the end of the sales, she was able to make a profit of N15,000.
The business, according to the reseller, is based on how strong the marketing skill of the seller is. With good skill, the products can be sold out within two weeks or less.