Name: Jay Kumar Vasant bhai Solanki

Id no: 18bba098
Different Business Processes in a Perfume Trading Business.
1.Create a Business Plan
Draft a business plan for the perfume business. At a minimum, include a mission statement;
statement of initial goals; statement of three-, six- and 12-month goals in terms of a desired
number of product offerings; the desired number of retailers reselling the products and
desired cash flow; and financial forecasts, including startup costs and budget, income,
profit, loss and cash flow statements. 
2.Invent New Scents
Investigate perfume recipes, or make distinctive blends by purchasing some small sizes of
essential oils in fragrances that are of interest. Spend some time getting familiar with the
scents. 
3. Purchase the Bottles
Research perfume bottle, tester bottle and sample vial wholesalers and the designs they
offer for each type of container. Choose a bottle shape and size to represent each of the
fragrances, and contact the wholesaler that supplies this bottle. Ask how many bottles/units
are required for a minimum purchase and how much that minimum purchase costs.
4. Create Your Brand
Design a logo to represent the business, and incorporate the logo into a range of
promotional materials. Make mock-up business cards, a promotional brochure, a label for
the bottles and an ingredient list to hand to potential resellers. 
5.Finalize Your Packaging
Formulate whatever other packaging is desired for the perfume to make it a finished
product, like boxes and bags or other outer wrapping. Find wholesalers for these items,
inquire about price and then place orders.
6.Choose Your Sales Displays
Investigate options for a sales presentation display case or carry mechanism, to appear
professional and organized when making cold sales calls on potential resellers. Also devise
a small commercial display for retailers that agree to resell the product.
7.Set Up a Website
Create a website, regardless of whether sales via the site are intended. An informational and
promotional site is just as important as one intended to generate sales, because it's a tool to
establish the perfume brand, promote the company and help in generating a comfort level
with the offered perfumes with potential resellers as well as consumers.
8.Set Your Price
Take into consideration all the money spent on the above steps, including the variance in
price of the individual essential oils used to make the individual scents, then arrive at a
price list for the scents in the perfume line.
9.Decide Which Retailers to Target
Make a list of retailers that fit the image desired for the perfume. In other words, if the
perfume's image is intended as exotic and rare, target higher-end, more exclusive boutiques
that retail designer clothing, shoes and sunglasses. Include day spas. Eliminate retailers
such as department and convenience stores.
A Transaction Processing System (TPS) is a type of information system that collects, stores,
modifies and retrieves the data transactions of an enterprise. Transaction
processing systems also attempt to provide predictable response times to requests, although
this is not as critical as for real-time systems.