Fragrance Market Developer

5 days ago


Dubai, Dubai, United Arab Emirates Evolvence Group Full time

This is a mid-senior level position that requires a high level of expertise in business development, market research, and strategy consulting. The successful candidate will have a strong background in the fragrances, incense, or natural raw materials industry, with experience in conducting competitive analysis and pricing strategy development.

Key Qualifications:
  1. Market Research and Analysis:

    • Evaluate the size and growth potential of the OUD-based fragrances and incense markets.
    • Identify key market trends, consumer preferences, and regional demand drivers.
    • Analyze trade data and market reports to understand import/export flows of raw OUD materials.
  2. Competitor Analysis:

    • Assess the competitive landscape of the OUD supply chain, including major players, their pricing strategies, and distribution models.
    • Identify market entry barriers and regulatory considerations for raw OUD trade.
  3. Innovative Production Methods:

    • Explore innovative and sustainable methods for producing raw OUD, including synthetic or bio-cell synthesis approaches.
    • Evaluate the feasibility, cost-effectiveness, and market acceptance of alternative OUD sources.
    • Identify potential R&D partners or technology providers.
  4. Pricing Strategy and Business Models:

    • Develop a pricing strategy for both B2B (wholesale supply to fragrance and incense brands) and B2C (direct-to-consumer sales, if applicable).
    • Assess pricing elasticity and cost structures for various customer segments.
    • Compare pricing models across traditional and alternative OUD supply chains.
  5. Business and Financial Planning:

    • Develop a 5-year business and financial plan, including revenue projections, cost structures, and profitability analysis.
    • Identify key revenue streams and potential funding opportunities.
    • Create financial models to assess investment requirements and expected returns.
  6. Additional Responsibilities:

    • Support business strategy development, including partnership and distribution strategies.
    • Identify potential suppliers, buyers, and stakeholders in the GCC region.
    • Provide recommendations for branding, marketing, and positioning strategies.


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