Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 53 , 01 December 2023


Open Access | Article

Research on the Marketing Strategy of Perfumes of Luxury Brands - Taking Dior and Guerlain as Examples

Zekai Wu * 1
1 Macau University of Science and Technology, Macau, China

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 53, 168-176
Published 01 December 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Zekai Wu. Research on the Marketing Strategy of Perfumes of Luxury Brands - Taking Dior and Guerlain as Examples. AEMPS (2023) Vol. 53: 168-176. DOI: 10.54254/2754-1169/53/20230820.

Abstract

In recent years, the perfume industry has developed rapidly in the domestic market. For different brands, they will have their own unique marketing methods and strategies. This made this study curious because the perfume market in China is also gradually emerging, and many of China’s own perfume brands are beginning to emerge. I think the analysis of successful marketing cases of old luxury brands can help our brand and provide some marketing ideas and experience. This study can also take this marketing strategy as the basis to compare Guerlain and Dior’s marketing methods to find the possibility of mutual improvement and progress so as to make perfume marketing go further. At the same time, because perfume is a very subjective product due to the differences in culture and customs, this study can also properly analyze the differences between hot perfumes at home and abroad and whether the consumer groups who buy perfume are the same, so as to find a more suitable marketing method for the domestic market.

Keywords

consumer, scene marketing, perfume market, niche and luxury brands

References

1. IMARC Group. (2023). Luxury Perfume Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028. [Online] Available at: https://www.imarcgroup.com/luxury-perfume-market

2. Statista Research Department. (2022, November 30).Women’s Guerlain perfume and eau de toilette ranked by number of users in France from 2014 to 2020. Statista. [Online] Available at: https://www.statista.com/statistics/442639/leading-guerlain-women-s-perfume-in-france-by-number-of-users/

3. Statista Research Department.Women’s Dior perfume and eau de toilette ranked by number of users in France from 2014 to 2020. Statista. [Online] Available at: https://www.statista.com/statistics/442633/leading-dior-perfume-for-women-in-france/

4. Tencent. (2021). Tencent announces 2020 fourth quarter and full year results. [PDF] Available at: https://static.www.tencent.com/uploads/2021/03/24/b02a6670e499fa9b1fac9a3e09753de7.pdf

5. Christian Dior. (2022). Annual Report as of December 31, 2022. [PDF] Available at: https://www.dior-finance.com/pdf/d/2/759/Dior%20Annual%20Report%20as%20of%20December%2031,%202022.pdf

6. LVMH. (2022). TRANSLATION OF THE FRENCH FINANCIAL DOCUMENTS FISCAL YEAR ENDED DECEMBER 31, 2021. [PDF] Available at: https://r.lvmh-static.com/uploads/2022/01/financial-documents-december-31-2021.pdf

7. Kantar. Eternal (2021). 2021 China Perfume Industry White Paper.

8. Kantar. Eternal (2022). 2022 China Perfume Industry White Paper.

9. Lecourt, M., & Antoniotti, S. (2020, August 27). Chemistry, Sustainability and Naturality of Perfumery Biotech Ingredients. ChemSusChem, https://doi.org/10.1002/cssc.202001661

10. Mensing, J. (2023). Perfume Trends, International Fragrance Preferences and Mentalities: Fragrance Preferences of Individual Markets in Comparison. In Beautiful SCENT: The Magical Effect of Perfume on Well-Being (pp. 319-335). Berlin, Heidelberg: Springer Berlin Heidelberg.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-153-7
ISBN (Online)
978-1-83558-154-4
Published Date
01 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/53/20230820
Copyright
01 December 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated