Perfume Business Plan

Utibe Perfume Ltd is a perfume oil business in Nigeria that specializes in wholesale and retail sales of Undiluted Perfume Oil and Delux Perfume Oil. Our mission is to provide our customers with high-quality, long-lasting perfume oils that are affordable and accessible.

Our business model involves sourcing and blending top-quality perfume oils, packaging them in attractive bottles, and selling them through various channels. We generate revenue by selling our products to individuals and wholesale to those that will resell.

Our target market includes individuals, retailers, and wholesalers who are looking for affordable and long-lasting perfume oils. We plan to reach our target market through a combination of online and offline marketing strategies, including social media, influencer marketing, and pop-up shops.

Our team consists of highly qualified and experienced professionals who are passionate about the perfume industry. Our founder and CEO, Utibe Etim, has over five years of experience in the perfume industry, with a proven track record of success in sales and marketing. Our team also includes experienced sales representatives and marketing professionals who are dedicated to growing our brand and expanding our reach.

We project that our revenue will grow gradually in the first year of operations and increase by 30% and 38% in the second and third years respectively, due to increased brand awareness, marketing efforts, and expansion into new markets. We have identified our startup costs and working capital needs, and plan to finance these through a combination of personal savings, a small business loan, and cash flow from operations.

In summary, Utibe Perfume Ltd is a perfume oil business that offers high-quality and long-lasting perfume oils at an affordable price. We have a strong team with a proven track record of success in the perfume industry, and a solid financial plan to support our growth and expansion. We are confident that our unique products, marketing strategies, and competitive pricing will enable us to achieve our mission and vision of becoming the leading perfume oil brand in Nigeria.