perfumery business: 17 posts

Value For Money, Quality and Other Perfume Musings

Vasnsi

The question of quality is a complex one, especially with something as intangible as perfume. All of us have our own definitions of quality, and as such, I see this post as a place to share my reflections and hear your thoughts as well. As I mentioned in the previous post, I do not want to conflate the price of raw materials with quality. I do not believe that beer is inferior to wine, and in the same vein, I do not think that Tommy Girl is inferior to Shalimar. I simply do not want to pay the price of a great vintage for a bottle of Budweiser. Perfume is a luxury, and given the current economic climate, I want to make sure my pleasures are never guilty and that my dollar is spent wisely. When looking for a perfume that offers good value for my money, my personal take is as follows:

 

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The Price of Luxury Perfume

Dia_1

Last year the weekly French magazine Le Nouvel Observateur published an interesting article about perfume creation called La Guerre des Nez (The War of the Nose). It featured a candid interview with perfumers Dominique Ropion and Anne Flipo and provided a table outlining the price breakdown for an average prestige brand perfume. The revelation is that in a bottle of perfume that costs 100 euros, the value of the fragrance concentrate is only 1-1.50 euros, or about 2-3 dollars. The rest is for marketing and distribution: 19.6 euros for value added taxes, 36 euros for distribution, 25 euros for ads and so on. I know all too well the economics of making a perfume, but seeing this table was still a shock.

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