Marketing Confetti by Jasginder Singh

Scintillating Fragrances
Tuesday, September 04, 2007

A twenty thousand euro dress, two thousand hairdo, 24carat diamond set jeweled in platinum... still your dress-up wont be complete without that subtle or expressive élan by virtue of a fragrance. How many times has just a sniff of it changed our mood? or made us float in air, brim with confidence or just bring a smile with closed eyes!

With such a stake they don't command a cost based price, but get based on perceived price. It becomes a high involvement and in many cases the highest. As such it becomes a marketer's dream turf. Some reach the zenith and other get branded for life in nadir.

Idea always is to make the customer move to non rational purchase, make it go through heart and not mind. Once its done then it paves a huge path for extraordinary profit, changing of brand name to a symbol or an icon.

Chanel No.5 has been such a brand that has ruled now for almost a century (it came out in 1921) and is still fresh. Coco Chanel had once commissioned Ernest Beaux to make six perfumes, which were labeled No. 1, No. 2, etc. through No. 6. It was bottle No.5 that was to Chanel's liking and became the chosen formula. No. 5 is famous for being the first perfume to heavily rely on synthetic floral aldehydes as a top note. Before synthetics, perfume either had to be applied very heavily before going out to ensure that the fragrance would last, or frequently throughout the night. The expensive manufacturing process of No.5 had made it to be the most expensive perfume at that time; which still holds true.

The cost to marketer for maintaining such a brand? The following 180 seconds commercial for television broadcast and cinema advertisement was made at whopping budget of $42 million USD which was financed exclusively by Chanel.

Now Keira Knightley is all set appear as the new face of Chanel,to launch an advertising campaign to promote the fragrance Coco Mademoiselle. Keira has replaced star model Kate Moss as the latest face of the firm. Chanel had earlier decided to abandon Kate Moss from its promotional campaigns after her drug scandal.

The second brand that has been catching my eye is the range of Bulgari (BVLGARI) which has come up with innovative designs of packing or 'vials'. The packing of perfumeries is amazing to eyes and the olfactory organs of our body. I in particular liked the product on my right. An impressive packing, then the usage leads to a complete experience of having this perfume for self. Quoting from wiki, The company was founded in 1884 in Rome, Italy. The current flagship store was opened in 1905 by Bulgari with the help of his two sons (Costantino and Giorgio) and the store quickly became a place where the world's rich and famous came for the unique, high quality jewelry designs combining Greek and Roman art. Although the company made a name for itself with jewelry, today it is a recognized luxury brand that markets several product lines including watches, handbags, fragrances, accessories, and hotels.

Labels: Brand Endorsement, Launch, TVC