Farsaélle Scents

Joli @ Muntol, Mohamad Fareed and Matasan, Mohammad Faiz and Ahmadi, Rabiatul Ain and Azreen, Nursyaadah and ‎, Sabrina (2026) Farsaélle Scents. [Entrepreneurship Project] (Unpublished)
Abstract

Farsaélle Scents is a partnership-based perfume business established to meet the growing demand for affordable, high-quality, and halal-certified fragrances among students, teenagers, and young adults. The business specializes in inspired, oil-based perfumes offered in convenient 10 ml and 15 ml portable bottles that are easy to carry and suitable for daily use. Despite their compact size, the perfumes are long-lasting, skin-friendly, alcohol-free, and unisex, making them suitable for both men and women, including Muslim consumers. The business operates in Beaufort, Sabah, a developing town with relatively low competition in the perfume retail market. This strategic location allows Farsaélle Scents to build strong customer loyalty while expanding its reach to nearby areas such as Membakut, Kuala Penyu, and Sipitang. In addition, the business maintains a small perfume workshop near the retail outlet, enabling better quality control, efficient stock management, reduced production costs, and smoother daily operations.Farsaélle Scents is managed by five partners, each responsible for a key functional area: general management and finance, administration, operations, marketing, and customer service. This clear organizational structure ensures effective management, accountability, and smooth coordination of business activities. The company’s vision is to create a minimalist yet elegant fragrance brand that fits every lifestyle, while its mission focuses on delivering long-lasting, affordable perfumes that enhance confidence and individuality. The target market consists mainly of local teenagers, young adults, and working adults in Beaufort and surrounding areas. Market analysis estimates a potential customer base of approximately 400 people, generating an estimated monthly market value of RM4,800. Through competitive pricing (RM20 for 10 ml and RM25 for 15 ml), strategic promotions, and both physical and online sales channels, Farsaélle Scents aims to capture an initial market share of 6%, with steady growth projected over the next three years. Sales forecasts indicate total revenue of RM222,650 in Year 1, with expected increases of 10% in Year 2 and 15% in Year 3. The business applies well-planned marketing strategies based on the 4Ps—product, price, place, and promotion—supported by social media marketing, in-store promotions, and direct customer engagement. Operational plans emphasize inventory control, quality assurance, efficient manpower planning, and compliance with all required licenses and regulations. In conclusion, Farsaélle Scents demonstrates strong business potential due to its affordable pricing, halal and alcohol-free positioning, strategic location, structured management, and growing market demand. With proper financial planning, effective marketing execution, and consistent product quality, the business is well-positioned to achieve sustainable growth and become a trusted local perfume brand in Beaufort, Sabah.

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