An Analysis on Product Mix of Diptyque

Ninghao Chen, Ulink College of Shanghai
Volume4 nos.1 February 2023 ISSN 2755-3272

Keywords

Fragrance Brand, Strategic Marketing Management, Product Mix, Bcg Matrix, Case Study.

Abstract

This study employed a qualitative approach to examine the product mix management of Diptyque, a renowned French fragrance brand, as they contemplate transitioning their product mix. By analyzing the growth rate and relative market share, this research applies the BCG model and identifies one "star", one "cash cow", and two "dog" product lines. The findings from this investigation can assist Diptyque in formulating marketing strategies that will facilitate further company expansion.