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Entrepreneurship Project Layout

AuraMist is a perfume vending machine that offers a convenient and personalized fragrance experience, allowing users to refresh their scent on the go. It features multiple fragrance options, adjustable spray intensity, and a sleek design, targeting high-traffic locations like malls and gyms. The marketing strategy includes competitive pricing, social media promotion, and partnerships to enhance visibility and accessibility.

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0% found this document useful (0 votes)
33 views11 pages

Entrepreneurship Project Layout

AuraMist is a perfume vending machine that offers a convenient and personalized fragrance experience, allowing users to refresh their scent on the go. It features multiple fragrance options, adjustable spray intensity, and a sleek design, targeting high-traffic locations like malls and gyms. The marketing strategy includes competitive pricing, social media promotion, and partnerships to enhance visibility and accessibility.

Uploaded by

AR Rocks
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SUNCITY SCHOOL

Entrepreneurship Project Perfume Vending Machine:

AURA MIST

Solution Submitted by:

AARISH SACHDEVA

ROLL NO - 1

Class - XI-E
AURA MIST
( QUICK DESCRIPTION )

AuraMist is a revolutionary fragrance experience, offering a quick and

convenient way to refresh your scent anytime, anywhere. Imagine stepping up

to a sleek, modern machine and, with the touch of a button, being enveloped in

a fine mist of your favorite fragrance. AuraMist delivers a personalized and

discreet application, perfect for those on the go or anyone seeking a touch of

fragrance throughout the day. We curate a selection of high-quality scents,

from classic favorites to unique niche fragrances, allowing you to express

your individual style. AuraMist isn't just about applying perfume; it's about

experiencing a moment of indulgence and confidence, leaving you feeling

refreshed and empowered. It's your instant aura, on demand.


Product/Service Identification: Perfume Vending Machine

●​ Why? Convenience, accessibility, and a touch of novelty. People often

want a quick refresh of fragrance, especially on the go. A vending

machine offers this instantly, in locations where traditional perfume

counters might not be available (e.g., gyms, malls, event spaces). It also

caters to those who might be intimidated by high-pressure sales

environments in department stores.


●​ What? A self-service vending machine dispensing a fine mist of

perfume. It could offer a selection of popular scents or even niche

fragrances. Consider different spray durations or intensities. Potentially,

the machine could offer small, disposable samples for purchase before

committing to a full spray.


●​ How is it different? Unlike traditional perfume sales, this offers

immediate gratification and a unique experience. It's also different from

simply buying a bottle of perfume; it's a quick, convenient application.

The novelty factor can attract customers. You could differentiate further

by offering curated scent collections (e.g., "Workout Scents," "Date

Night Scents") or even personalized scent recommendations based on a

short quiz on the machine's touchscreen.


2) Competitor Analysis:

It's unlikely there are direct competitors offering spray-on perfume vending

machines. However, you need to consider related businesses:

●​ Indirect Competitor 1: Perfume Retailers (e.g., Sephora, Ulta, local

boutiques): These offer a wide selection of perfumes but require

interaction with sales staff (or self-service browsing). They target a

broader audience seeking a wider range of products.

●​ Indirect Competitor 2: Sample Vending Machines (e.g., those found in

department stores): These dispense small vials or paper strips of

perfume. They cater to trial before purchase, not immediate application.

●​ Indirect Competitor 3: Online Perfume Retailers (e.g., FragranceNet,

department store websites): These offer convenience and often

discounted prices but lack the "experience" and instant gratification of

your proposed machine.


Marketing Mix:

●​ Product:​

○​ Features: Multiple fragrance options, adjustable spray

intensity/duration, touchscreen interface, potentially scent

recommendations, sleek and modern machine design. Consider

hygiene (e.g., automatic nozzle cleaning).

○​ Variants: Different machine sizes (for different locations), scent

collections, perhaps a premium line with higher-end fragrances.

○​ Branding:

■​ Name: AuraMist

■​ Logo: A stylized perfume bottle silhouette or a droplet

design.

■​ Tagline: "Fragrance on Demand," "Your Instant Aura,"

"Refresh Your Scent, Anytime, Anywhere."

○​ Packaging: Not applicable for the dispensed product itself, but

consider branding on the machine and any sample packaging.

○​ Labeling: Clear instructions on the machine, scent names and

descriptions, pricing information.


Price:

●​ Competitive Analysis: Research the price of single applications of

similar fragrances at perfume counters or the price of samples. Your

pricing should be competitive yet profitable.

●​ Pricing Strategy: Consider value-based pricing (highlighting the

convenience and experience) or competitive pricing (aligning with

sample prices). Offer different spray durations at different price points.


Place:

●​ Distribution Channel: Directly place machines in high-traffic locations:

malls, gyms, event venues, airports, hotels, offices, restaurants,

restrooms.

●​ Transportation: Partner with a logistics company for machine delivery

and maintenance.

●​ Inventory: Regularly monitor fragrance levels and replenish as needed.

Consider remote monitoring systems.


Promotion:

●​ Advertising: Social media campaigns targeting your desired

demographic, partnerships with location owners, online ads, influencer

marketing.

●​ Sales Promotion: Introductory discounts, bundled offers (e.g., multiple

sprays for a lower price), loyalty programs.

●​ Personal Selling: Not directly applicable, but ensure the machine itself is

visually appealing and easy to use.

●​ Public Relations: Press releases announcing the launch, partnerships

with local businesses, participation in relevant events.

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