Sunday, January 26, 2014

Trade: French perfume brand to expand its Turkish market


(ANSAmed) - ISTANBUL, DECEMBER 17 - The leading perfume brand in France, Ulric de Varens, which entered the Turkish market at the beginning of this year, is aiming to expand its selling area. Paris-based Ulric de Varens, which has a share of around 20% of the French perfume market, has a strategy of offering "low-price but high-quality" perfume to clients by avoiding high expenses in advertising.

"We're investing in products and creation, not advertising," Ulric de Varens, the creator and owner of the company said in a recent interview with the Hurriyet daily. Thanks to the strategy of low margin, the company sold products less expensively when compared to the other brands. He said they would pursue their strategy in Turkish markets. "We have different and special design and creativity. We have three values: quality, innovation and differentiation. We don't sell prices, we sell differentiation," he said.

The company's products are currently sold in some stores and drugstores in Turkey, but they planned to sell their perfumes also in supermarkets in the future. Ulric de Varens' perfumes are sold in 92 countries, he said, adding that they were also the market leader in Germany. The company, which was found in France in 1981, has eight branches aside from France: in Russia, Germany, Italy, Spain, Mexico, Romania, Greece and Turkey.

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