The 'U Smile' singer's fragrance will be called 'My World', the same name as his album title.
But instead of putting it in the conventional bottle, Justin has teamed up with Etoile Nation Beauty to create dog tags and wristbands which are infused with a unisex scent.
The 16-year-old Canadian pop star has picked out the scents personally, which are called Icon, Tour, Energy and Web.
Justin told WWD.com: 'They actually brought me a bunch of stuff to smell today.
'One of them smelled too young, too fruity, one was really good.'
The range is said to hit Wal-Mart stores in the US on November 26.