Jomashop is a legitimate fragrance seller, but its prices are significantly cheaper than other retailers. This is because Jomashop is primarily a grey market watch seller with no physical stores, and it buys old stock, dead stock, testers, and discontinued products in bulk. Additionally, in some countries, perfumes are not considered luxury goods, so they can be imported from those places.
Characteristics | Values |
---|---|
Business model | Similar to discount stores |
No physical stores | Lower costs |
Grey market | Import from countries where perfumes are not a luxury good |
Old stock/dead stock | Buy in bulk |
Large selection | |
Shipping | Slow |
What You'll Learn
Jomashop's business model
Jomashop is a legitimate fragrance seller that sources its products from the grey market. This means that it buys products from places where perfumes are not considered luxury goods, allowing it to import and sell them at a lower cost.
The company's inventory is inconsistent and unpredictable, as fragrance sales are a secondary concern for them. They occasionally score fragrances on the grey market, and their selection is not as wide as dedicated fragrance retailers. Despite this, customers have reported positive experiences, with some noting that they were able to find fragrances on Jomashop that were unavailable elsewhere.
Jomashop's ability to source fragrances at low prices from various parts of the world has made it a valuable resource for those seeking manufacturer-released products at discounted rates. While there have been some complaints about slow shipping and inventory management, overall, the company is regarded as a trusted and safe option for purchasing authentic fragrances at affordable prices.
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Importing from countries where perfume isn't a luxury good
One of the reasons why Jomashop is able to offer such cheap prices is that they import from countries where perfume is not considered a luxury good. This allows them to take advantage of lower prices in these countries and pass the savings on to their customers.
While perfume may be considered a luxury item in some countries, this is not the case everywhere. In fact, there are quite a few countries where perfume is not seen as a luxury item at all. These countries often have lower prices for brand-name scents, making them an ideal source for importers like Jomashop.
For example, in a survey by Cosmetify, it was found that some of the most expensive countries to buy brand-name scents were China, Thailand, and Singapore. On the other hand, countries like Turkey, Argentina, and Serbia were found to have much lower rates of perfume use, suggesting that perfume is not considered a luxury good in these markets. This information can be invaluable to businesses like Jomashop, who can use it to source their products at lower prices and offer discounts to their customers.
By importing from countries where perfume is not a luxury good, Jomashop is able to take advantage of lower prices and increase their profit margins. This strategy is commonly known as the "grey market", where goods are imported from countries with lower prices and sold at a discount in other markets. While this practice can be controversial, it is not illegal and allows businesses like Jomashop to offer steep discounts to their customers.
In addition to importing from countries where perfume is not a luxury good, Jomashop also employs other cost-saving strategies. For instance, they may buy large quantities of old stock, testers, or discontinued products at a discount. Furthermore, they have no physical stores, which helps to keep their overhead costs low. By combining these strategies, Jomashop is able to offer significant discounts on perfumes and fragrances, providing an attractive alternative to traditional retailers.
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Buying old stock/discontinued products
Jomashop is able to offer such low prices because it buys old stock, dead stock, testers, and discontinued products. These products are usually sold at a discount, which allows Jomashop to offer them to its customers at a lower price.
Discontinued fragrances can be found through various avenues. Department stores may have backstock available, and it is worth checking if they can ship a bottle to you from another location. The perfume brand's website may also be a good place to check, as the fragrance may be unavailable due to distribution issues. Online perfume sellers, such as Luckyscent, Aedes, Fumerie, Twisted Lily, Indigo, and Beautyhabit, often have stock of fragrances from small perfume houses. For larger brands, big online retailers like Parfum1 are a good option.
Facebook groups and members of Basenotes sometimes sell bottles from their personal collections. Additionally, eBay and Etsy are options, although there is a higher risk of encountering scams or spoiled bottles on these platforms.
Another strategy is to find something new by visiting a perfume boutique and asking the staff to help you find a similar scent. They are skilled at identifying fragrance notes and can recommend alternatives.
If all else fails, it is possible to have a discontinued fragrance recreated by companies such as Scentmatchers and The Fragrance Shop. These companies specialize in creating scents that are nearly identical to discontinued perfumes and colognes. They offer refunds if customers are not satisfied with the match and provide instant refunds with no return needed.
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No physical stores
One of the reasons Jomashop is able to offer such low prices is that they have no physical stores. This means that they do not incur the costs associated with running a physical store, such as rent, utilities, and staffing. Instead, they operate solely online, which allows them to keep their overhead costs relatively low.
Jomashop's online-only business model enables them to pass these cost savings on to their customers in the form of discounted prices. This strategy has helped them attract a large customer base, particularly those who are price-conscious and comfortable with online shopping.
By eliminating the need for a physical storefront, Jomashop can also focus their resources on other aspects of their business, such as sourcing products and managing inventory. They are able to offer a wide range of fragrances, including high-end and niche options, at prices that are significantly lower than those found at traditional retailers.
The absence of physical stores also means that customers cannot test the fragrances before purchasing, which may be a drawback for some shoppers. However, Jomashop appears to have a loyal customer base that is willing to take the risk, based on the positive reviews and testimonials the company has received.
Overall, Jomashop's decision to forgo physical stores in favour of an online-only presence has been a key factor in their ability to offer steeply discounted prices on fragrances. This strategy has allowed them to establish themselves as a popular alternative to traditional fragrance retailers.
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Legitimacy of fragrances
Jomashop is a legitimate fragrance seller, albeit a secondary concern for them. They occasionally score fragrances on the grey market, which is how they can offer such steep discounts. They buy old stock, dead stock, testers, and discontinued products, and they have no physical stores, which also helps keep costs low.
Some customers have expressed concerns about the legitimacy of the products, but many have confirmed that they received authentic fragrances. One customer even compared a bottle of Herod they purchased from Jomashop to a retail bottle and found them to be exactly the same.
Jomashop is also known for its large selection of watches, which is its primary business, and some customers have speculated that the company occasionally sources fragrances through the same grey market channels it uses for watches. These grey market watches may not come with an official factory warranty, but Jomashop typically offers some form of limited warranty on these products.
While Jomashop is a legitimate business, there are a few things to keep in mind. Firstly, they are not always speedy when it comes to shipping, and some customers have complained about long delivery times or orders being cancelled. Secondly, it is recommended to only order items that are listed as in stock, as there have been issues with items that are supposed to ship at a later date.
Overall, Jomashop is a legitimate fragrance seller, and while there may be some minor inconveniences, customers can generally trust that they are getting authentic products at discounted prices.
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Frequently asked questions
Jomashop is a legitimate fragrance seller that sources its products from the grey market. They also do not have physical stores, which helps keep costs low.
The grey market is where retailers import goods from countries where they are not considered luxury items.
Yes, the products sold by Jomashop are authentic.
Jomashop buys large quantities of old stock, testers, and discontinued products at a discount and passes those savings on to the customer.